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HCL Technologies reported an 11% increase in its Q2 net profit, reaching Rs 4,235 crore, surpassing market estimates. This performance highlights the company's robust financial health and strong market position. In related news, CleverTap is planning a reverse flip to India, and Licious has acquired My Chicken and More. Additionally, Rentomojo's FY24 revenue surged by 60%, reflecting significant growth.
India added 174 GenAI startups in one year: Nasscom report India's GenAI startups have attracted over $750 million in cumulative funding since 2023. Read more on: https://t.co/XyMFqE8pcw
#TechWithMC | India has 240 active Gen AI startups in H1 2024, grows over 260% YoY 🌐🤖 Read more on this👇 https://t.co/hey2xMQEQR #India #GenAi #Startups
#GenAI has been the buzzword since 2022. One would think that Indian VCs would bet big on it like US peers. But it has not quite turned out that way, with just 6 startups raising >$10 million till July in India. Why are Indian VCs cautious? My deep dive 👇🏿 https://t.co/LMdX5VcHlb