Following the funding, Vidyut Tech aims to partner with more EV makers and expand to more geographies. It will also double the headcount of its credit, engineering, and sales teams.
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Central bank digital currency will be as anonymous as the currency note: RBI
The central bank digital currency CBDC will be as anonymous as the currency note and would have all the relevant laws applicable to currency would be applicable to the digital currency, the central bank said on Wednesday. Deputy governor T Rabi Sankar said that the regulator is looking at a technological solution to offer anonymity.
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Tech majors, MNCs go slow on office expansion plans
Indian GCCs to add 3.64 million jobs over next 12 months
Startup funding falls 35% in 2022, says Tracxn report
Retail and fintech sectors witnessed a fall of 57% and 41%, respectively, in amounts of funds raised in 2022, according to Tracxn’s India Tech 2022 annual report. Yet, these two sectors alongside enterprise applications remained top fundraisers during the year.
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US lawmakers ease planned curbs on Chinese chips amid corporate pushback
Uber fined $14 million for misleading on fares and cancellation fees in Australia
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