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World Economic Forum drops the Davos Summit due to Omicron The World Economic Forum (WEF) postponed its annual meeting in Davos over the surge in Covid-19 cases from the Omicron variant. The annual meeting was scheduled to be held in Davos-Klosters, Switzerland between January 17-21, 2022.
Banks want time for card tokenization The banking regulator has instructed that only card-issuing banks and
OfBusiness raises $325Mn at $5Bn valuation B2B E-commerce platform OfBusiness has raised $325 million in its Series G round led by Alpha Wave Ventures II, Tiger Global Management and Softbank Vision Fund 2. The fresh proceeds have been raised at a valuation of approximately $5 billion.
Wipro to acquire Edgile for $230Mn Wipro will acquire Austin, Texas-headquartered Edgile for USD 230 million, which
New Cosmos and Mastercard to boost Ethereum Scalability Consensys, the main software developer for Ethereum is partnering with payments giant Mastercard to launch Consensys Rollups and improve the scalability of the Ethereum blockchain for its mainnet and private use.
ShareChat looking to raise over $500 mn with the valuation of $5 bn ShareChat is part of Mohalla Tech is looking to raise over $500 million as a part of its ongoing Series G round, which will propel the valuation of the company to over $5 billion.
Ingram Micro Acquires BRLink Ingram Micro has completed the acquisition of BRLink, a leading managed services provider (MSP) in Brazil.
PhonePe tokenises cards on Visa, Mastercard and Rupay Digital payments platform PhonePe has tokenized cards on all three major payment networks - Visa, Mastercard and Rupay.
Accenture Launches 360° Value Reporting Experience Accenture (NYSE: ACN) has launched its 360° Value Reporting Experience to demonstrate the multiple ways the company creates, drives and measures value, both in serving its clients and operating its business.
SAP offering is aimed at delivering 'business transformation as a service' via cloud Having completed 25 years of its operations in India recently, German tech giant SAP still continues to remain a powerhouse
Vodafone Idea repays IDFC First Bank’s ₹1,500 cr dues Vodafone Idea has paid an amount of ₹1,500 crore to IDFC First Bank along with ₹110 crore interest.
At Least 85% of Governments Without a Total Experience Strategy by 2023, Will Fail to Transform Services, says Gartner By 2023, at least 85% of governments without a total experience (TX) strategy will fail to successfully
Zoom finances 13 new apps as part of $100 mn Apps Fund Zoom has invested in 13 new apps as part of its $100 million Apps Funds. The total number of selected platforms are 25.
PB Fintech to acquire MyLoanCare PB Fintech, the owner of Policybazaar and Paisabazaar will acquire Gurugram-based loan marketplace MyLoanCare for Rs 40.41 crore.
Atos moves its Russian services to India and Turkey In light of the Russia-Ukraine war, French IT consulting group Atos is moving its services currently delivered from Russia to other countries, including India and Turkey.
CERT-In mandates organisations to report cybersecurity breaches within 6 hrs A new circular issued by the Indian Computer Emergency Response Team (CERT-In), has asked all government and private agencies to report cybersecurity breach incidents to it within six hours of noticing them.
Growth rate of IPL franchises higher than NFL, NBA: Forbes The Indian Premier League has been a rich source of money for the stakeholders. However it was not so 14 years back when the IPL matches were first played.
Govt's open e-commerce network to be launched in 100 cities in six months The central government’s ambitious Open Network for Digital Commerce’s small-scale implementation is set to begin from today to see how the technology-enabled infrastructure works, making processes more robust before it is officially launched.
Turtlemint secures $120 million in Series E funding round Turtlemint Insurance Services’ parent company Invictus Insurance Broking Services has secured $120 million ( ₹918 crore) in a Series E round of funding led by Amansa Capital, Jungle Ventures, and Nexus Venture Partners.
Snapchat brings its drone camera named ‘Pixy’ The social media platform, Snapchat has come up with its drone camera called Pixy which is said to be a pocket-sized device and can help users create better.
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