TECHNOLOGY
India Ranks 6th Globally in GenAI Startup Share Among Major Economies
Despite being an early-stage focus, GenAI startups attracted over $750 million in cumulative funding since 2023. Of the GenAI startups studied between January and June 2024, 75 percent are already generating revenue as compared to 22 percent for H1 2023.
India's Semiconductor Market Set to Exceed $100 Billion in Revenues by 2030
Mobile handset, IT and telecom companies account for more than 75 percent of revenues in the semiconductor industry, which perhaps explains why a recent report by IESA and Counterpoint Research is titled 'Localising and Globalizing India's Semiconductor Hubs.'
Global Smartphone Market Grows 2%, iPhone 16 Makes Apple the Biggest Brand in September
This marked the fourth successive quarter of growth for the global smartphone market; as per Smartphone 360 Tracker, it reflects the continued recovery of the market.
India’s Online Gaming Sector Expected to Hit $60 Billion by 2034
This reflects the tremendous confidence global investors have in India's rapidly growing gaming market, which is going to be a $60 billion opportunity by 2034, opines Dr. Mukesh Aghi, President and CEO, United States India Strategic Partnership Forum (USISPF).
Smartphone Sales Surge 11% in India's Festive Season's First Wave, Samsung Takes the Lead
According to the latest estimates from TechInsights, South Korean electronics major Samsung led the smartphone sales volume with a 20 percent market share.
Report Reveals 85% of Global Cryptocurrencies Are Worth Less Than a Cent
The total number of cryptocurrencies floats somewhere between 8,500 and 10,000, but new tokens come onto the scene every time a bull run in the crypto space appears to be starting.
Zomato CEO Urges Malls to Be 'More Humane' Towards Delivery Partners
As part of a new initiative, Deepinder Goyal, the CEO of Zomato, along with his wife Grecia Munoz, had played the role of delivery partners to deliver orders in Gurugram and experience firsthand the challenges faced by them.
India Set to Emerge as the Next Chip Manufacturing Hub, Ashwini Vaishnaw
Refering to a recent round table in New York between Prime Minister Narendra Modi and the top tech CEOs, Minister Vaishnaw said three top executives during the discussion said that they have never seen this kind of enthusiasm for any country in the last 35 to 40 years.
1 in 2 Smartphones Worldwide Now Feature 50MP Cameras, Report
The thing has grown slowly and steadily due to persistent consumer preference for better cameras.
Swiggy Unveils 10-Minute Food Delivery Service 'Bolt' Ahead of IPO
"Iconic food brands have been built on the axis of time, taste, and convenience. And today a few cities will enjoy the first trial of a unique (and hopefully iconic) marketplace within Swiggy Food, " said Rohit Kapoor, CEO at Swiggy's Marketplace in a LinkedIn post. According to him, the 10-minute delivery service is going to be available in Bangalore, Hyderabad, Mumbai, Chennai, Delhi, and Pune.
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