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ETtech

@ETtech

Breaking news, insights & smart analysis on the business of technology, startups & the new economy in India, from the reporters at The Economic Times.

India Katılım Şubat 2015
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ETtech
ETtech@ETtech·
🚨🚨#ETtechTop5 | Flipkart group CFO exits; Zomato raises platform fee Also in the letter: ■ WhatsApp goes numberless ■ Govt cracks down on illegal betting, gambling ■ Yotta's pre-IPO raise
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ETtech@ETtech·
🚨💵Flipkart rolls out 105% bonus payout to employees for 2025 🎯For vice presidents (VPs) and senior vice presidents (SVPs), the payout will take place after the closure of the 2025 performance review process, according to an email sent to employees.
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ETtech@ETtech·
🚨🚨 Ahead of Flipkart's IPO plans, group CFO Sriram Venkataraman has resigned. #Flipkart
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ETtech
ETtech@ETtech·
🚨🚨#ETtechTop5 | Flipkart group CFO exits; Zomato raises platform fee Also in the letter: ■ WhatsApp goes numberless ■ Govt cracks down on illegal betting, gambling ■ Yotta's pre-IPO raise
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ETtech@ETtech·
🚨#ICYMI: EQT, Partners Group & ITC Info eye a chunk of Ashok Soota’s Happiest Minds
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ETtech@ETtech·
💸📈Zomato hikes platform fee for users by Rs 2.40 per order 📌On a pre-GST basis, platform fee on Zomato is now Rs 14.90 per order from Rs 12.50 earlier. 📌Including taxes, Zomato's food delivery rival Swiggy is currently charging a fee of Rs 14.99 per order.
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Pranav Mukul
Pranav Mukul@pranavmukul·
🚨🚨 BIG: Flipkart group CFO Sriram Venkataraman to depart from the company as it prepares for an IPO @ETtech
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ETtech
ETtech@ETtech·
👉 This marks yet another revision in the utilisation of IPO proceeds by the company after an earlier reallocation approved by shareholders in August 2025, wherein it had reduced R&D allocation while increasing the share earmarked for debt repayment and organic growth.
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ETtech
ETtech@ETtech·
🆕 Ola Electric Mobility has made a fresh revision in the utilisation of its Rs 5,500 crore IPO proceeds, reallocating Rs 575 crore from its R&D budget towards debt repayment and growth initiatives.
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ETtech@ETtech·
📌 However, analysts said smaller companies focus on the untapped mid-market segment, along with better agility to weather deflation risks from the launch of AI tools such as Anthropic’s Claude Cowork, ensuring they are better placed to grab such deals.
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ETtech@ETtech·
📢📢 Large deals are gaining momentum at mid-tier IT service providers in 2026, amid concerns over artificial intelligence (AI) tools disrupting traditional outsourcing models, as enterprises cast a wider net for large transformation projects.
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