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GeM has facilitated transactions exceeding Rs 38,500 crore for over 30,000 startups. This significant financial support underscores the platform's role in promoting entrepreneurship and innovation within the startup ecosystem.
Oil prices have sharply declined as trade risks escalate, prompting Saudi Arabia to reduce prices. This move reflects growing concerns in the market, influencing global oil dynamics and potentially impacting economic stability.
The Hashgraph Group has made a strategic investment in AgNext Technologies, an agritech leader focused on food quality and transparency. This partnership will integrate Hedera's distributed ledger technology into AgNext's platforms, enhancing traceability and efficiency in food supply chains.AgNext aims to revolutionize food safety with AI-driven solutions, addressing the significant issue of food waste, estimated at $230 billion annually. The collaboration will also involve joint initiatives to develop Hedera-powered devices, positioning AgNext at the forefront of the Web3 era in agriculture.
Apple significantly increased its iPhone exports from India in March 2025, reaching INR 20,000 crore (US$ 2.3 billion), up from INR 11,000 crore (US$ 1.28 billion) the previous year. This surge is attributed to inventory buildup ahead of new US tariffs, with total exports for FY25 projected at nearly INR 1.5 lakh crore (US$ 1.75 trillion), surpassing India's total smartphone exports in FY24. During the January to March 2025 quarter, iPhone exports were valued at INR 48,000 crore (US$ 5.6 million), compared to INR 28,500 crore (US$ 3.3 million) in the same period of 2024.
Toyota plans to develop around 15 electric vehicle models by 2027, aiming for an annual production of 1 million units. Currently, the company has five in-house EV models, produced only in Japan and China, with expansion to the U.S., Thailand, and Argentina to mitigate risks and improve delivery times. Despite a revised production target of 800,000 units for 2026, Toyota previously aimed for 1.5 million EVs annually by 2026 and 3.5 million by 2030.
Delhivery plans to acquire a 99.4% stake in rival logistics firm Ecom Express for ₹1,407 crore (approximately $164.5 million). The all-cash deal, pending approval from the Competition Commission of India, aims to enhance operations and service quality through automation and electric vehicles. Ecom Express will function as a subsidiary of Delhivery post-acquisition.
Shipping company CMA CGM has partnered with tech startup Mistral AI in a €100 million (US$109 million) deal aimed at enhancing customer service in logistics and media fact-checking. Announced on April 6, 2025, this five-year collaboration is part of CMA CGM's broader €500 million (US$546.4 million) investment in AI, with improvements expected within six to twelve months. This initiative highlights a growing trend among French firms to collaborate on AI development amid global trade tensions.
President Trump's new tariffs on semiconductors raise concerns in the US technology sector, as many essential items like GPUs and AI training servers remain subject to increased costs. Experts warn that these tariffs could hinder AI hardware development and complicate global trade, despite the Chips Act's $52 billion investment aimed at boosting domestic chip production. Currently, the US produces only 12% of the world's chips, a significant decline from 37% in 1990.
A new report outlines a potential strategy for Apple to mitigate the impact of upcoming US tariffs. The plan aims to help the company navigate the financial challenges posed by these trade measures, ensuring continued stability in its operations.
Shopee's unexpected termination of its partnership with J&T Express for shipping in Indonesia has ignited discussions on social media, raising questions about the company's motives. While J&T has been competitive with Shopee's in-house logistics, this decision marks a significant setback for J&T in Southeast Asia's largest ecommerce market. Amid a price war and declining funding, logistics and ecommerce enablers are adapting to survive and grow in a challenging landscape.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
GeM enables transactions exceeding 38500 crore for over 30000 startups
17:54 07.04.2025
oil prices drop sharply as trade tensions rise and saudi cuts deepen
17:16 07.04.2025
hashgraph group invests in agnext to enhance food supply chain transparency
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12:49 07.04.2025
Apple boosts iPhone exports from India amid upcoming US tariffs
11:30 07.04.2025
Toyota plans 15 electric vehicle models aiming for 1 million production by 2027
08:24 07.04.2025
Delhivery to acquire 99.4 percent stake in Ecom Express for 164 million dollars
05:40 07.04.2025
CMA CGM partners with Mistral AI to enhance logistics and customer service
05:30 07.04.2025
Trump tariffs increase costs for US AI and chip manufacturing equipment
03:31 07.04.2025
Apple explores strategies to mitigate impact of upcoming US tariffs
17:02 06.04.2025
shopee ends partnership with j&t express amid southeast asia logistics shift
11:30 06.04.2025
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