ETtech Deals Digest: Swiggy, ShareChat raise funds this week

Startups raised bigger rounds this week with some of them entering the unicorn club.

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TCS wins contract from Ericsson to build cloud-based R&D workplace

Tata Consultancy Services (TCS) is launching a state-of-the-art 24x7 Command Centre in Hyderabad to help accelerate Ericsson’s R&D and product development environment.

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Hyundai to halt car production at South Korea plant due to chip shortage

Hyundai had been able to avoid a production hit from the chip shortage so far largely because the South Korean maintained a stockpile of chips unlike its global peers.

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Gojek, Tokopedia close to creating Indonesian tech champion

A GoJek-Tokopedia merger deal, previously estimated at $18 billion, would create a technology powerhouse offering online shopping, courier services, ride-hailing, food delivery and other services in Southeast Asia's largest economy.

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Serum Institute buys into PolicyBazaar, True North part exits

True North’s part exit from PolicyBazaar comes at a time when the insurance aggregator is lining up an initial public offering (IPO) for some time this year.

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PumPumPum gets Rs 5.5 crore funding from Inflection Point, others

PumPumPum, a startup involved in used-car leasing, plans to use the funding to increase consumer awareness around the segment, technology development, brand building and expansion.

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Minus Zero tests autonomous three-wheeler in Jalandhar, working on self-driving car

Minus Zero’s test autonomous three-wheeler travelled 2.2 km in medium traffic on Jalandhar roads at an average speed of 20 kmph.

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