Tag: AI
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OYO Parent Rebrands to PRISM, Retains Profitability for Second Consecutive Year
Hospitality unicorn OYO ended FY25 with a net profit of ₹244.8 Cr, a modest 7% jump over FY24’s first-ever profit, but the headline number...
Freshworks Founder Girish Mathrubootham Steps Down as Executive Chairman to Focus on VC Fund
Four years after Freshworks’ Nasdaq IPO, founder Girish Mathrubootham will step down as executive chairman and board chair on December 1, 2025, to fully...
Jio Financial Services Raises $449 Mn to Expand into Insurance, Lending, and Asset Management
Jio Financial Services (JFS) has gotten board approval to raise ₹15,825 crore by issuing 50 crore convertible warrants to its promoter groups—Sikka Ports &...
OpenAI Acquires Statsig in $1.1 Billion All-Stock Deal to Accelerate AI Application Development
OpenAI revealed a significant new acquisition, acquiring product testing company Statsig in an all-stock transaction worth around $1.1 billion. The deal is among several...
Puch AI Buys India’s Most Expensive Phone Number, Aiming for an AI Revolution in India
Puch AI recently made headlines by acquiring what is being called India’s most expensive phone number—9090909090. This unusual yet symbolic move is more than...
