Thursday, 4 November 2021

Absolute Foods eyes $90 million funding at $300 million valuation

Absolute Foods is likely to mop up a large portion of the amount in a few weeks in what could be one of the biggest Series A funding rounds in India’s agritech space.

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Delivery-only outlets ride piggyback, find new road to success

The number of cloud kitchens on Swiggy trebled between FY19 and F21 and doubled on Zomato from January 2020. Industry leader Rebel Foods, the owner of Faasos, Behrouz Biryani and OverStory, recently turned unicorn.

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Living life web size with a few stolen bitcoins

Alleged cryptocurrency hacker Sri Krishna and his associates broke into bitcoin exchanges, gaming sites to fund their lavish lifestyles. He was first apprehended in connection with a drug racket in November last year.

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‘Kyndryl starts in India with twice the market share of closest rival’

“We were a sizable part of IBM in India as global technology services, and we are starting with almost twice the market share of the next player (in India),” Kyndryl’s India President Lingraju Sawkar says.

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Paytm may consider bitcoin offerings if India legalises crypto

“Bitcoin is still in a regulatory grey area if not a regulatory ban in India,” chief financial officer Madhur Deora said. “At the moment Paytm does not do Bitcoin. If it was ever to become fully legal in the country then clearly there could be offerings we could launch.”

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HCL Technologies to hire 10,000 professionals to boost AWS business unit capacity

This dedicated business unit within HCL will be supported by AWS engineering, solutions and business teams. HCL currently holds five AWS competencies, has more than 10,000 professionals trained on AWS and plans to boost this capacity to more than 20,000 specialists in the future, it said in a statement.

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Microsoft president says tech must compromise, downplays metaverse 'hype'

"Tech is going to have to lean in...with real concrete ideas...even make concessions, so that we can all compromise and build a common platform that better protects people than ... the internet as a whole has in recent past," Microsoft president Brad Smith said.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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