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Rapido introduces non-AC cab option to address rider and driver needs

Indian ride-hailing startup Rapido is testing a non-AC cab feature in Bengaluru, allowing users to choose between "Cab AC" and "Cab Non AC" options at lower fares. This initiative aims to address customer complaints and reflects a broader trend of service tier differentiation in response to economic pressures on drivers and riders. By formalizing the non-AC option, Rapido seeks to create a transparent marketplace that aligns pricing with service levels, benefiting both drivers and customers.
Tech in Asia
IND
Business & Industry, Market Report
05:50 25.04.2025

Google boosts ad sales with deep AI investments to reassure investors

Google's significant investments in deep AI are driving its advertising sales and alleviating concerns among investors. This strategic focus on advanced technology is positioning the company for continued growth and stability in a competitive market.
StartupNews.fyi
Google Inc. USA
Business & Industry, Market Report
05:47 25.04.2025

Yahoo poised to acquire Chrome browser if Google divests in 2025

Yahoo is poised to acquire the Chrome browser if Google is compelled to divest it. This potential move highlights the ongoing shifts in the tech landscape and the competitive dynamics among major players in the industry.
StartupNews.fyi
Google Inc. USA
Business & Industry, News Article
05:36 25.04.2025

Visa2Fly secures 2 million dollars to enhance AI visa processing services

Visa2Fly, a Gurugram-based travel tech startup, has secured $2 million in seed funding led by M Venture Partners, with participation from Flipkart Ventures and others. Founded in 2022, the company aims to enhance its tech-enabled visa processing tools and form partnerships with travel platforms.This funding highlights a shift towards digital visa processing, addressing the inefficiencies of traditional methods. As competition intensifies in the sector, Visa2Fly's growth reflects a broader trend in travel tech investment, which continues to rise significantly.
Tech in Asia
United States Dollar SpiceJet Limited IND USA Dhruv Kumar Vijayendra Bawa
Business & Industry, Market Report
04:55 25.04.2025

Persistent reports 25 percent increase in Q4 net profit

Persistent, a mid-tier IT company, reported a remarkable 25% increase in net profit for Q4. This significant growth highlights the company's strong performance and resilience in a competitive market. The financial results reflect a positive trajectory for Persistent as it moves forward.
StartupNews.fyi
Persistent Systems Limited IND
Business & Industry, Market Report
04:48 25.04.2025

Philippine fintech company LenderLink secures 1.25 million for technology growth

PH fintech firm LenderLink has successfully raised $1.25 million to enhance its technology development. This funding aims to bolster the company's capabilities in the competitive financial technology landscape. The investment reflects growing interest in innovative fintech solutions in the region.
StartupNews.fyi
United States Dollar SGP
Business & Industry, Press Release
04:23 25.04.2025

peak xv seeks to raise 1.2 billion fund after sequoia split

Peak XV is seeking to raise a $1.2 billion fund, marking its first fundraising effort since the split from Sequoia. This move highlights the firm's ambition to expand its investment capabilities in the evolving market landscape.
StartupNews.fyi
Arazul Sequoia Capital FIM C Priv
Business & Industry, News Article
03:00 25.04.2025

SK Hynix reports strong Q1 results with minimal tariff effects on AI chips

SK Hynix, a key supplier for Nvidia, reported strong performance in Q1, indicating robust demand for AI chips. The company anticipates minimal impact from tariffs on its operations, suggesting resilience in the face of potential trade challenges.
StartupNews.fyi
SK hynix Inc. KOR
Business & Industry, Market Report
02:05 25.04.2025

ubs launches new discretionary portfolio strategies to boost client assets

UBS Global Wealth Management has launched two new discretionary portfolio management strategies, the Optimal Return Solution (ORS) and Dynamic Allocation Portfolio, to enhance its client asset offerings. This initiative follows an 18% increase in discretionary assets under management in 2024, as noted by Adrian Zuercher, co-head of global investment management APAC. Zuercher emphasized the firm's proactive approach to investment opportunities, highlighting their early adoption of inflation-linked bonds.
Asia
United States Dollar CHE Adrian Zuercher
Business & Industry, Market Report
01:15 25.04.2025

two reliable real estate stocks to consider for investment now

Discover two robust real estate stocks that present promising investment opportunities right now. These selections are poised to deliver solid returns, making them attractive options for investors looking to enhance their portfolios in the real estate sector.
msn.com
RE/MAX Holdings, Inc. Realogy Holdings Corp.
Business & Industry, Market Report
00:04 25.04.2025
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