Latest news with #ShivaniShinde
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Business Standard
15-06-2025
- Business
- Business Standard
Digital competition Bill: Online cos tell Parl panel to protect innovation
The Parliamentary Panel is looking into the role of the Competition Commission of India (CCI) in an evolving economy, particularly the digital landscape Ruchika Chitravanshi Shivani Shinde Mumbai Listen to This Article The thresholds for the ex ante (preventative) regulations under the Draft Digital Competition Bill should be increased in a manner that protects the domestic startups and innovation, the Indian online startups and tech product companies have told a parliamentary panel, according to the people in the know. The panel is looking into the role of the Competition Commission of India (CCI) in an evolving economy, particularly the digital landscape. Sources said that the committee has sought the views of the Ministry of Corporate Affairs (MCA) on the suggestions made by some of the Indian online players. The ex ante regulations
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Business Standard
10-06-2025
- Business
- Business Standard
Cred's $3.5-bn valuation reflects a broader reset in Indian fintech
The sharp markdown despite backing from existing investors reflects growing investor caution and a broader recalibration in the Indian fintech and credit-led ecosystem Shivani Shinde Peerzada Abrar Mumbai Listen to This Article Fintech player Cred's recent fundraise of $75 million has come at a sharp reset of its valuations — signalling that the exuberance in the sector is coming down. After the fundraise, the firm's valuation has gone down to $3.5 billion, a fall of 45 per cent from the $6.4 billion in 2022. Valuations have fallen even as existing investors put money in the company, including Kunal Shah, founder and chief executive officer (CEO), Cred. 'Between 2022 and now, there has been a reset in the fintech market, both domestically and internationally. We have seen valuations come down and that is
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Business Standard
08-06-2025
- Business
- Business Standard
SaaS vs AI: The true story behind investments 'drying up' in India
While AI is the buzz word, data on the startup ecosystem shows that funding there is down as well premium Shivani Shinde Mumbai Listen to This Article The SaaS ecosystem in India has 'suffered from an excess amount of venture capital' and the money has now dried up, said Sridhar Vembu, founder and chief scientist of Zoho, in an interview to news agency PTI last week. Funding is going to artificial intelligence (AI), he said. While AI is the buzz word, data on the startup ecosystem shows that funding there is down as well. Investments and rounds have been modest for both SaaS (Software as a Service) and AI companies, according to data from Tracxn.
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Business Standard
04-06-2025
- Business
- Business Standard
Indian PC market to get a booster shot from Tamil Nadu's free laptop scheme
Industry experts say the million-unit tender is likely to give the personal computer market a good bump, but could push value down since the government will want a special prices for such a large orde Shivani Shinde Aashish Aryan Mumbai/New Delhi Listen to This Article The Tamil Nadu state government's announcement last month to distribute 1 million free laptops for college students - the largest such scheme as well as single tender so far - is expected to lift growth in the PC market. India's traditional PC market (desktops, notebooks, and workstations) grew 8.1 per cent year-over-year (YoY) in the January-March quarter of calendar year 2025, with 3.3 million units shipped, according to data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. This marks the seventh consecutive quarter of growth.
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Business Standard
21-05-2025
- Business
- Business Standard
Agentic AI is becoming principal way AI will be scaled across enterprises
Bain & Company's senior partner Pascal Gautheron says change management is super important in deploying AI at an enterprise level Shivani Shinde Mumbai Listen to This Article Pascal Gautheron, senior partner and global leader of Bain & Company's Enterprise Technology practice, believes that agentic AI will be the principal way for AI to scale in the enterprise ecosystem. In a video interview with Shivani Shinde, he talks about why AI scale adoption is still slow among enterprises, why RoI is still a hurdle, and why tech spends will only increase. Edited excerpts: What are some of the trends you see in enterprise tech adoption of AI? Essentially, what we saw in 2023 was the discovery of a new approach to AI. The year 2024 was all about businesses gaining
