Author: Ansh Singh

New Delhi: Freshworks, a California-based software company has declared that it will axe close to 13% of its workforce, which will be about 660 of its 5,000 employees. The firm is planning this move in line with its strategy to help the company sharpen its focus on key areas of growth in AI, EX, and CX. This, according to CEO Dennis Woodside, is a step in the direction toward simplifying the operations and leveraging efficiency with profitability. Those going to be let go will also be informed through “Transition Discussion” sessions. The date, however, differs. In the United States and…

New Delhi: India’s leading food delivery app Swiggy has issued its Initial Public Offering (IPO) and will raise ₹11,327 crore. The issue for public subscription opened on today. It will close on 8 November 2024. Swiggy has fixed the issue price at ₹371 and ₹390. The market value of the company stands at about ₹95,000 crore at the higher end of this band. The IPO consists of new shares worth ₹4,499 crore and an Offer for Sale (OFS) worth ₹6,828 crore. First Day Subscription Update: Swiggy’s IPO was around 7% subscribed as of midday on the first day of bidding.…

New Delhi: With 48 lakh weddings estimated to take place in the next two months after the Diwali Boom, Indian wedding season is all set to create an Opportunity for Indian Startup and Its Economy. The Confederation of All India Traders claims that this boom will add a whopping Rs 6 lakh crore in business. This is a 25% increase from last year’s 35 lakh weddings that had generated approximately Rs 4.25 lakh crore. Auspicious Dates and Economic Impact This year, auspicious wedding dates have risen from 11 to 18, which means that there will be more time to spend…

New Delhi: Viraj Bahl started Veeba as an entrepreneur and has successfully elevated his small startup to an extremely popular brand in India’s condiment market. Founded in 2013, Veeba focuses on healthier sauces that are free from preservatives and lower in fat and sugar. Initially, things did not look so promising; the company faced 1.5 years without a single order. However, everything changed in June 2014 when Domino’s placed a humongous order for 70,000 tonnes of sauces, leading to a major turnaround for Veeba. Veeba has grown to become one of the most promising and strategic sauce brands in the…

New Delhi: Sundar Pichai, the CEO of Google, recently spoke about the company’s strong position in response to ongoing antitrust challenges from the Department of Justice (DoJ). During an earnings call, he highlighted Google’s commitment to innovation and making its products easy to use. Pichai expressed concern that the DoJ’s proposed changes could unintentionally disrupt the tech industry and harm America’s leadership in technology. He asserted that Google is seen as the best search engine because users consistently choose it for its quality. Pichai noted that both consumers and partners, including big names like Apple, prefer Google based on its…

1) MrBeast MrBeast, whose real name is Jimmy Donaldson, is famous for creating challenge videos and doing a lot of charity work. He started his YouTube channel in 2012 with gaming videos. He became very popular with his ‘last to leave’ challenges and huge money giveaways. MrBeast also started businesses like MrBeast Burger and Feastables. His unique content has made him one of the fastestgrowing YouTubers in the world. He uses his money and fame to do good work, such as planting millions of trees for the environment. 2) Like Nastya Like Nastya, also known as Anastasia Radzinskaya, is a…

Mumbai:  Evoq Realtech, a prominent real estate developer based in Mohali, is delighted to announce its partnership with Indian superstar Hrithik Roshan, who will serve as the brand ambassador. Evoq’s collaboration is set to enhance Evoq Realtech’s brand image, aligning it with the ideals of excellence, innovation, and luxury that Hrithik embodies. Directors Mr. Gaurav Goyal and Mr. Satish Katyal expressed their enthusiasm about this significant alliance. “We are thrilled to welcome Hrithik Roshan to the Evoq Realtech family. His unwavering dedication to quality and performance aligns perfectly with our vision of creating exceptional real estate projects that elevate the…

New Delhi: WhatsApp has been working on this new feature, which it terms “chat memory.” It seems to enhance the way users interact with its Meta AI chatbot. The feature will see the AI remember the details of things as users share them in real-time conversations, so the features can deliver very personalized responses and suggestions based on each user’s preferences. What Chat Memory Does Personalized Conversations: Because of chat memory, Meta AI will remember things like your interest, whether you take something vegetarian, or if you communicate to a certain level of complexity. The AI might remind the user…

New Delhi: On October 15, 2001, Ratan Tata had planted a Tabebuia Rosea sapling at the Infosys campus in Bengaluru. Today that tree stands tall as a symbol of growth and shared purpose. Infosys recently uploaded visuals of the matured tree as it pays its respects to the legacy left behind by Tata. “His legacy inspires us to pursue growth and innovation in moving the world forward together. It is a poignant tribute at the passing of Tata on October 9, 2023, aged 86, when he was unwell for some time. Several of these tributes came from as many people,…

New Delhi: The initial public offering (IPO) of Hyundai Motor India Ltd., which commenced on October 15, is set to conclude today, October 17. As of the end of Day 2, the overall subscription stood at 42%, with varying interest from different investor categories. Subscription Details: 1.89 million shares against an offer of around 4.95 million shares. Non-Institutional Investors (NIIs): This category recorded a subscription of 26%, indicating lower demand compared to retail investors. Qualified Institutional Buyers (QIBs): The QIB portion was more robust, achieving a subscription rate of 58%. This reflects strong interest from institutional investors, who bid for…