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One of the important factors spurring Bengaluru's growth was heavy state government investment (and its environment) in Bangalore's public sector industries which is what makes it so developed and rich. According to the Bangalore Innovation Report, with projected GDP growth of 8.5%, Bangalore will be the world's fastest growing city until 2035. [9]
The software industry in Karnataka state in India has become one of the main pillars of the state's economy.Karnataka stands first among all the states of India in terms of revenue generated from software exports, accounting for 42% share of all software exports from the country during the financial year of 2022-2023.
The company announced a Series B extension funding of $24 million from M&G Catalyst and Glade Brook Capital Partners, bringing the total Series B funding to $60 Million. This funding puts Pixxel as one of the highest-funded space-tech startups in India and the highest-funded hyperspectral imaging company globally.
Most people are unaware that Altman’s investment empire is valued at over $2.8 billion, starkly contrasting his modest salary of $65,000 at OpenAI. His family office manages this empire, which ...
On 1 August 2024, Byju's director Riju Ravindran was ordered by a US bankruptcy judge to pay $10,000 a day until he helped locate the $533 million the company was accused of hiding from its U.S lenders. [100] In July 2024, the National Company Law Tribunal (NCLT) appointed an Insolvency Resolution Professional to oversee Byju’s day-to-day ...
Navi launched its UPI offering, Navi UPI, in August 2023. It has rapidly become one of the fastest-growing UPI platforms. By June 2024, the platform has already recorded a 12-fold increase in growth on Android compared to March 2024.
PHOTO: Released hostage Iair Horn, who was seized during the deadly October 7, 2023 attack by Hamas, reunites with his family at Sourasky Medical Center (Ichilov) in Tel Aviv, Israel, on Feb. 15 ...
Info Edge is an Indian technology holding company which owns, operates and invests in internet-led businesses. [6] The company's offerings include the flagship employment website Naukri.com, matrimonial website Jeevansathi.com, real estate classifieds platform 99Acres.com, and educational portal Shiksha.com, among others.