india

Most outsourced coders in India will be gone in 2 years due to A.I. reports

The rise of A.I. has sparked concerns about job displacement among Indian coders. Discover how they can thrive by embracing A.I. and upskilling in this insightful article. #AI #TechIndia

Technology 19 July, 2023 ecedenesh.203

Byju’s Secures $250 Million Funding from Davidson Kempner, at Flat Valuation

India edtech firm Byju’s has received $250 million in a fresh funding round from Davidson Kempner Capital Management and is in talks for another $750 million by the end of the month. The $750 million funding will be at a flat valuation of $22 billion. Byju’s, backed by investors like the Chan-Zuckerberg Initiative and Naspers, aims to use the funds to fuel its expansion and strengthen its position in the competitive edtech market.

Tech News 15 May, 2023 SamkarTech

Apple’s first retail store in India opening in Mumbai

Apple’s first retail store in India, located in Mumbai’s Bandra Kurla Complex (BKC), marks a historic moment for the tech giant as it expands its presence in one of the world’s fastest-growing smartphone markets. With a growing middle class and a population set to overtake China’s, India presents immense growth potential for Apple. The store, designed with a tribute to Mumbai’s iconic Kaali Peeli taxis, is expected to offer a range of Apple products, provide services such as product demonstrations and workshops, and offer unique amenities tailored to the Indian market. This move by Apple reflects its commitment to understanding and catering to the needs of Indian consumers, while also diversifying its manufacturing and sales operations in light of global trade tensions. The opening of Apple’s first retail store in India on April 18, 2023, is not just about selling products, but also about building a long-term relationship with Indian customers and contributing to the local economy and job creation.

Tech News 18 April, 2023 SamkarTech