📢📢#ICYMI | Pocket FM has begun talks to shift its holding structure back to India as it explores a potential domestic public listing. The startup will first need to execute a reverse flip before filing for an IPO in India.
🚨🚨#ICYMI | Ola Electric and its founder-chairman Bhavish Aggarwal have approached the Securities and Exchange Board of India (Sebi) to settle proceedings over allegations that the company shared misleading information that could have inflated its stock price.
🚨 ETtech #Top5 | Turtlemint investors IPO cash out; Ola Electric eyes Sebi settlement
Also in this newsletter:
â– Telegram pushes back against ban
â– ChatGPT market share falls
â– Snap CEO defends Specs
Read here:
economictimes.indiatimes.com…
👓🔔Everything you need to know about Specs, Snap’s latest venture into augmented reality
🎯The company claims the glasses can be used for navigation, productivity, entertainment and real-time AI assistance while keeping users engaged with the physical world.
📌Specs features dual Snapdragon processors by American chipmaker Qualcomm, a 51-degree field of view, up to four hours of battery life and support AI-powered experiences that can understand and interact with a user's surroundings.
Read more at⬇️
economictimes.indiatimes.com…
🆕 For the first time since its launch, ChatGPT’s market share has slipped below 50%. The AI platform, however, continues to dominate the market.
By May, ChatGPT held a 46% share, ahead of Google Gemini (28%) and Anthropic’s Claude (10%).
Read more:
economictimes.indiatimes.com…
💸 Peak XV Partners and Nexus Venture Partners are set to clock gross returns of about 7-9 times on shares they sell in insurtech company Turtlemint’s upcoming IPO.
📌The two venture capital firms will continue to hold stock worth more than Rs 1,500 crore, taking the upper end of the price band, in the Mumbai-based startup.
🚨 Telegram moves Delhi HC against temporary ban
Messaging app Telegram has moved Delhi High Court challenging the decision of central government to temporarily restrict the access to platform in India.
Read more:
economictimes.indiatimes.com…
India has wide AI talent gaps in deployment, governance, security: Quess report
#GenAI deployment has the widest gap at 83%, followed by AI deployment engineering at 72%.
Read more at:
economictimes.indiatimes.com…
By Alenjith K Johny