Tech SMEs to contribute 7-9% of industry in FY23: Nasscom
With the Indian tech industry expected to grow to $500 bn by 2030 from the current $245 bn, share of tech SME is also expected to grow to $35-40 bn by 2030.
With the Indian tech industry expected to grow to $500 bn by 2030 from the current $245 bn, share of tech SME is also expected to grow to $35-40 bn by 2030.
The domestic IT industry, which rode on the pandemic-led digitisation, is bracing for a slowdown as the U.S. and Europe stare at recession. Will this crisis lead to new opportunities?
Besides the funding announcements, the day also saw the launch of a $85 million venture capital fund led by India’s leading technology entrepreneurs.
Dream11 is India’s first gaming unicorn, and claims to be the world’s largest fantasy sports platform with over 100 million users.
Bobble started in 2015 as an app to turn selfies into stickers. Today, Bobble boasts of over 50 million users as well as a list of partners that includes Xiaomi, Foxconn, Apple, and Amazon.
The BPM industry needs the combined power of analytics, artificial intelligence (A.I), Robotic Process Automation (RPA), and Machine Learning (ML) to re-capture customers in the new normal.
About 50% of tech startups in the country expect to reach pre-Covid revenue levels in the next six months, a Nasscom report argues.
The funding takes the valuation of the Bengaluru-based education-tech company, which has over 42 million registered users and 3 million paid subscribers, to $8 billion, say analysts.
The former MD and CEO of Infosys takes forward his commitment to emerging technologies such as A.I. with his startup Vianai Systems.
The California-headquartered company offers an artificial intelligence (AI) platform which provides call-centre agents with real-time feedback on customer sentiment.