Author: Arabian Media staff
Walmart-owned Flipkart on Wednesday said it has appointed veteran technologist Balaji Thiagarajan as its new chief product and technology officer (CPTO), according to an internal memo shared with employees.Thiagarajan, who has held senior roles at Google, Microsoft, Uber, and Yahoo, takes over from Jeyandran Venugopal, who left earlier this year to join Reliance Retail. He will oversee Flipkart’s core technology teams and report directly to CEO Kalyan Krishnamurthy.News website Moneycontrol was the first to report on the development.Thiagarajan brings over 25 years of experience and holds nine US patents. His career has spanned what the memo called “the most significant…
Google Cloud, in partnership with Hack2skill, has announced the second edition of the Gen AI Exchange Hackathon, an initiative aimed at pushing generative AI from experimentation to practical application in India. The hackathon is part of the broader Gen AI Exchange program, which includes the Gen AI Academy and a series of in-person AI Labs designed to equip developers and startups with hands-on skills.The scale of last year’s edition demonstrated the growing appetite for AI-driven innovation in the country, with over 38,000 registrations, more than 850 solution submissions, and 20+ winners across different categories. Building on that momentum, this year’s…
Urban Company Ltd. has filed for a Rs 1,900 crore initial public offering (IPO), comprising a Rs 472 crore fresh issue and a Rs 1,428 crore offer for sale by existing investors, including Accel, Bessemer Venture Partners, Elevation Capital, Tiger Global, and Vy Capital. The issue will open on September 10 and subsequently close on September 12. The company’s shares will list on both the BSE and NSE.The Gurugram-based company, founded in 2014 as UrbanClap by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan, reported its first annual profit in FY25 after several years of losses.Urban Company’s revenue climbed from Rs…
For most Indians with diabetes or hypertension, the monthly medicine bill can rival a household’s rent. The drugs they take are technically generics, yet they are sold as “branded generics” at markups as high as six times the base cost, making medicines the country’s single largest out-of-pocket healthcare expense.That gap is the bet for PlatinumRx, a Bengaluru-based online pharmacy that has raised $6 million in Series A financing led by Stellaris Venture Partners. The startup, founded just last year by Ashutosh Pandey and Piyush Kumar, claims to shave as much as 50–60% off patient bills by supplying vetted substitutes sourced…
The Indian Army Terrier Cyber Quest 2025 a high-stakes, national-level cybersecurity challenge has officially opened registrations. Aimed at forging innovative digital defence solutions, this contest invites student teams and industry professionals to confront real-world cyber threats and bolster India’s cyber resilience.Register Now — Limited Time Only!Registration Period: 23 July to 7 September 2025 Location: New DelhiParticipation: Open to Indian citizens: students, researchers, and professionals alike. Teams may consist of up to three members About the EventThis year’s edition builds on the success of prior iterations to foster collaboration across academia, industry, and defense sectors. Organized in partnership with IIT Madras,…
Beyond valuations and the global LLM (large language model) race, AI is making its presence felt in the quieter corners of the country: in an overworked clinic with no radiologist, and among farmers who need timely crop advice and rural communities who earn a fair income by annotating datasets.Democratising AI is not about building bigger resource-intensive models but is about ensuring technology aids people in their own language, even on low-end devices, thus helping them earn a livelihood. This approach offers an inclusive and practical vision for AI, ensuring applications tailored to serve under-served communities.AI is expected to play a…
Seekho, an OTT platform offering short-form, vernacular learning videos, on Wednesday said it raised $28 million in a Series B funding round, as it plans to expand into new content categories, languages, and geographies.The funding round led by Bessemer Venture Partners witnessed participation from Goodwater Capital and existing investors Lightspeed Venture Partners and Elevation Capital.Seekho’s latest funding round was first reported by Entrackr.Seekho was founded in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani. Through 3-5 minute vernacular videos, the platform delivers knowledge that helps users grow in their careers or personal lives. Topics span digital services, social media…
CityMall, the Gurugram-based value ecommerce startup, has raised $47 million in its Series D round led by Accel. The round also saw participation from existing backers, including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. With the fresh capital, the company’s total funding now stands at $165 million.CityMall now plans to expand deeper into existing geographies, foray into adjacent markets, strengthen its supply chain network, and invest in private labels and brand partnerships. The startup will also focus on hiring across technology, product, and operations to scale its model sustainably.Founded in 2019 by Angad Kikla,…
BizDateUp, the Mumbai-headquartered investment platform focused on startups, has received approval from the Securities and Exchange Board of India (SEBI) to launch its first Alternative Investment Fund (AIF), Pulse Fund I, with a targeted size of Rs 1,000 crore.The fund will comprise primary capital of Rs 500 crore, with a green-shoe option of another Rs 500 crore. This fund will deploy capital across three key areas: 50% to high-growth startups, 30% to small and medium enterprises (SMEs), and 20% to real-estate equity opportunities.Pulse Fund I will target segments including AI, SaaS, fintech, healthtech, deeptech, EV mobility, defence, gaming, aerospace, green…
Opinions expressed by Entrepreneur contributors are their own. As a founder, your focus is growth — more users, more features, more market share. But sometimes the biggest thing standing in your way isn’t your business model, marketing or funding. It’s your tech team.Not because they’re doing something wrong — but because they’ve taken you as far as they can.And when you finally bring in a new team or vendor, it’s a stress test. For the business, it means facing hard questions about control. For the new team, it means diving into someone else’s legacy code. And for you, the founder,…
