Welcome to the world of facts and news

India's space startups report success of in-orbit experiments onboard ISRO's POEM

ISRO's PSLV Orbital Experimental Module (POEM) enables in-orbit scientific experiments using the spent PS4 stage as an orbital platform.

from Tech-Economic Times https://ift.tt/Wafky2B

Catamaran president Deepak Padaki sees startup valuations falling further

In an interview with ET’s Beena Parmar, Deepak Padaki, who joined Catamaran Ventures last August, also talks about its investment exits, deal sizes and corporate governance at startups. Edited excerpts:

from Tech-Economic Times https://ift.tt/udBlzhU

Apple hits seven-week low after Barclays downgrade

Barclays is the second brokerage to have the equivalent of a "sell" rating on the stock, which now has its most number of bearish recommendations in at least two years, per LSEG data.

from Tech-Economic Times https://ift.tt/s9Sqeic

More startups want to ‘flip’ back to India; SoftBank’s returns from listed firms

Startups are moving their overseas holding entities to India ahead of their forthcoming public listings, especially in the fintech sector which is governed by the country’s central bank regulations.

from Tech-Economic Times https://ift.tt/NMxKLeV

Meesho’s early backers eye new secondaries at $3-3.5 billion valuation

Norwest Venture Partners, WestBridge Capital are among entities said to be in talks to pick up stake in ecommerce firm Meesho. The development underscores the growing trend of secondary share sales in late-stage firms.

from Tech-Economic Times https://ift.tt/zjubivM

India job scene sees early signs of disruption from AI

Millions of working employees will need reskilling and upskilling, which in turn could create new job opportunities as well, say experts

from Tech-Economic Times https://ift.tt/iVnYZse

Cybersecurity sector was not immune from job losses in 2023

As tech layoffs are set to continue unabated in 2024, the cybersecurity industry was not immune from job losses and more than 110 cybersecurity companies fired thousands of employees in 2023.

from Tech-Economic Times https://ift.tt/EfoHzDu

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...