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Cursor is reportedly raising funds at $9 billion valuation from Thrive, a16z, and Accel
Startups providing AI-powered coding tools are striking a positive chord with investors. Cursor, one of the most popular tools in the segment, has attracted $900 million in a fresh round of funding led by Thrive Capital, as per a report from the Financial Times. The FT noted that other top venture firms such as Andreessen []
MoneyFellows raises $13M to take its group savings model outside Egypt
While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPIs Nclude Fund, the Cairo-based []
The Log9 Collapse, Swiggy Bottles Genie & More
How Log9 Ran Out Of Charge Log9 Materials is in crisis. Backed by the likes of Peak XV and PETRONAS
Beyond Chatbots: The Power of Agentic AI In CX Automation
Customer experience (CX) is evolving from simple interactions to more fluid, outcome-driven engagements. While early CX automation leaned heavily on
Is Duolingo the face of an AI jobs crisis?
Duolingo announced plans this week to replace contractors with AI and become an AI-first company a move that journalist Brian Merchant pointed to as a sign that the AI jobs crisis is here, now. In fact, Merchant spoke to a former Duolingo contractor who said this isnt even a new policy. The company cut []
Trump says hes willing to delay TikTok ban again
President Donald Trump has already delayed a TikTok ban twice, and he said Sunday that hes willing to do it again. Axios reports that during an interview with NBCs Meet the Press, Trump said that if a deal isnt made to sell TikToks U.S. operations to American owners before the current June 19 deadline, he []
Revelos LatAm talent network sees strong demand from US companies, thanks to AI
While many tech companies are mandating that their employees return to their offices, and putting an emphasis on building in-person teams, they are also turning in droves to Latin America to find developer talent especially for post-training AI models. Revelo, a full-stack platform of vetted developers in Latin America, is seeing a new surge in []
BluSmart Drivers Stage Protest Over Unpaid Salaries, Abrupt Job Losses
In a growing crisis for EV ride-hailing startup BluSmart, around 80 of its drivers gathered at Delhis Jantar Mantar today,
Backstage access: Spotifys dev tools side-hustle is growing legs
Spotify generates the vast bulk of its income from ads and subscriptions, but for the past few years the music-streaming giant has also been quietly building out a developer tooling business. Backstage, a project it open-sourced in 2020, has been adopted by more than 2 million developers across 3,400 organizations, including Airbnb, LinkedIn, Twilio, and []
The Illusion Around High Seed Stage Valuation
In Indias startup ecosystem today, its not uncommon to find a company with no product, no revenuebut a INR 100
Temu stops shipping products from China to the U.S.
Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. Hes also increasing tariffs on Chinese goods by more than 100%, forcing both Chinese companies like Shein []
Warren Buffett will step down as Berkshire Hathaway CEO
Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. I think the time has arrived where Greg should become the chief executive officer of the company at year end, Buffett said at the end of the companys []
Week in Review: Apple wont raise prices yet
Welcome back to Week in Review! Weve got lots of news for you today: Amazon earnings, Apple earnings, ChatGPT sycophancy, Alibabas AI models, and much more. Lets get to it! Well? During Apples earnings call yesterday, Tim Cook revealed that the company paid $900 million in tariffs last quarter. But despite this, the CEO didnt []
Googles Gemini has beaten Pokmon Blue (with a little help)
Googles most expensive AI model seems to have crossed a major milestone: Beating a 29-year-old video game. Last night, Google CEO Sundar Pichai posted triumphantly on X, What a finish! Gemini 2.5 Pro just completed Pokmon Blue! To be clear, the Gemini Plays Pokemon livestream was created by (in his own words) a 30 year []
Ather IPO: IIT Madras To Make 40X Gains, Tiger Global To Rake In 8.3X Returns
EV major Ather Energys cofounders Tarun Mehta and Swapnil Jain are set to rake in 15.2X returns each by selling
eBay and Etsy are relatively confident despite tariff pressures
Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trumps tariffs. However, based on the comments made by eBay and Etsy earlier this week, both dont appear to be overly concerned. The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of []
How Riot Games is fighting the war against video game hackers
Riots anti-cheat artisan Phillip Koskinas explains how he and his team go after cheaters and cheat developers to protect the integrity of games, such as Valorant and League of Legends.
Ullu Takes Down Explicit Show House Arrest, NCW Summons CEO
Amid mounting backlash, OTT platform Ullu has delisted controversial reality show House Arrest over its explicit content and visuals. Hosted
How MSMEs Can Use AI To Boost Efficiency, Cut Costs, And Scale Faster
The rapidly evolving and increasingly competitive marketplace brings many new challenges to micro, small, and medium enterprises (MSMEs). The paucity
US trade deal to place India in favourable position in global trade equation: Panagariya
Arvind Panagariya, Chairman of the 16th Finance Commission, believes India will emerge stronger from current tariff uncertainties. A bilateral trade deal with the US would significantly benefit India's global trade position, especially with the US seeking to reduce reliance on China.
Asias factories suffer major blow as tariffs dampen demand
Manufacturing activity in Asia contracted in April, impacted by weaker demand and Trump's tariffs, particularly affecting South Korea and Taiwan. While Southeast Asia also experienced a slowdown, India and the Philippines showed expansion.
AI chatbots are juicing engagement instead of being useful, Instagram co-founder warns
Instagram co-founder Kevin Systrom says AI companies are trying too hard to juice engagement by pestering their users with follow-up questions, instead of providing actually useful insights. Systrom said the tactics represent a force thats hurting us, comparing them to those used by social media companies to expand aggressively. You can see some of these []
Welcome back to TechCrunch Mobility your central hub for news and insights on the future of transportation. Sign up here for free just click TechCrunch Mobility! Your usual host Kirsten has passed the reins to me, Rebecca Bellan, for the day, and I want to talk about Aurora Innovation and its last-minute save. []
Google will soon start letting kids under 13 use its Gemini chatbot
Next week, Google will begin allowingkids under 13 who have parent-managed Google accounts to use its Gemini chatbot, according to The New York Times. The Times reports that Gemini will be available to kids whose parents useFamily Link, a Google service that enables families to opt into various Google services for their child. A Google []
One of Googles recent Gemini AI models scores worse on safety
A recently released Google AI model scores worse on certain safety tests than its predecessor, according to the companys internal benchmarking. In a technical report published this week, Google reveals that its Gemini 2.5 Flash model is more likely to generate text that violates its safety guidelines than Gemini 2.0 Flash. On two metrics, text-to-text []
Apple and Anthropic reportedly partner to build an AI coding platform
Apple and Anthropic are teaming up to build a vibe-coding software platform that will use generative AI to write, edit, and test code for programmers, Bloomberg reported on Friday. The iPhone maker is planning to roll out the software internally, according to Bloomberg, but hasnt decided if it will launch it publicly. The system is []
Ubers latest autonomous vehicle partner? Chinese startup Momenta
Uber announced Friday yet another autonomous vehicle partnership as it leverages its dominant ride-hail and delivery position while relying on partners to supply the self-driving tech it isnt building in-house. Today, the lucky startup is Chinese self-driving firm Momenta. The tie-up comes a day after Uber added Ann Arbor-based May Mobility to its roster of []
Dating app Raw exposed users location data and personal information
The app claims it uses end-to-end encryption, but spilled its users' dating preferences and granular location data to the open web.
Startups Weekly: Drama or game-changer? You decide
Welcome to Startups Weekly your weekly recap of everything you cant miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was low on M&A and IPO news, but there was still some drama to follow, if thats your thing and more importantly, some worthy []
Ola Electric Issues Clarification After Report Says Company Under SEBI Lens
Bhavish Aggarwal-led Ola Electric has rejected a media report that claimed that markets regulator SEBI is probing the electric mobility
OpenAI pledges to make changes to prevent future ChatGPT sycophancy
OpenAI says itll make changes to the way it updates the AI models that power ChatGPT, following an incident that caused the platform to become overly sycophantic for many users. Last weekend, after OpenAI rolled out a tweakedGPT-4o the default model powering ChatGPT users on social media noted that ChatGPT began responding in []
Googles NotebookLM Android and iOS apps are available for pre-order
Googles NotebookLM Android and iOS apps are expected to launch on May 20, according to app store listings. The apps are currently available for pre-order. Since its launch in 2023, the AI-based note-taking and research assistant has only been accessible via desktop. Google is now gearing up to make the service available on the go. []
BluSmart Collapse Leaves 10,000 Drivers, 800 Employees Jobless Overnight
As EV ride-hailing startup BluSmarts rough patch continues, with allegations of fraud falling on the founders, more than 1,000 drivers,
Majority Of iPhones Sold In The US To Be Made In India: Tim Cook
In the wake of the US-China trade conflict, tech major Apple will source most of the iPhones sold in the
Spotify said on Friday thatApple has approved its U.S. app update that will allow users to access pricing information and external payment links. The approval comes days after a U.S. judge ordered Apple to stop charging commissions on purchases through iPhone apps. In a victory for consumers, artists, creators, and authors, Apple has approved Spotifys []
Airbnb is quietly rolling out an AI customer service bot in the US
Airbnb started rolling out an AI-powered customer service bot in the U.S. last month, CEO Brian Chesky said during the firms first-quarter conference call on Thursday. Chesky said 50% of Airbnbs U.S. users are already using the AI bot for customer service, adding that the company plans to roll out the feature to all its []
Apple changes US App Store rules to let apps redirect users to their own websites for payments
Apple has changed its App Store rules in the U.S. to let apps link users to their own websites so they can buy subscriptions or other digital goods. This change comes after a U.S. court ruled in favor of Epic Games in a case against the iPhone maker, ordering the latter not to prohibit apps []
Need Common Legislation To Regulate Digital & Linear Media: TRAI Chief
Telecom Regulatory Authority of India (TRAI) chairman Anil Kumar Lahoti has reportedly underscored the need for further regulating online content.
AI Agents Driving Efficiency In BFSI & Insurtech Onboarding
Indias fintech industry has seen a massive growth over the past few years mostly because of a range of macroeconomic
Amazon CEO says 100,000 users now have Alexa+
Amazons upgraded digital assistant powered by generative AI, Alexa+, has rolled out to over 100,000 users, CEO Andy Jassy said on the companys earnings call Thursday. While thats a far cry from the 600 million Alexa devices out there, the company is making some progress on the rollout of Alexa+, which was first unveiled in []
Reddits AI play is for the Google crowd, not just the community scrollers
Reddit CEO Steve Huffman says there are two kinds of people who come to the social media platform: Scrollers and seekers. Scrollers are the ones who come to Reddits core product, which is community conversation and engaging about topics theyre passionate about, from r/sourdough to r/popculturechat. Then there are the Seekers; the people who might []
Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook offered the companys first comments on the impact of President Trumps tariffs during Thursdays second-quarter earnings call with investors. While the iPhone maker saw only limited impact from tariffs in the March quarter, Cook said Apple couldnt forecast what that would mean for the coming quarter. However, if things remained the []
Peacock trained TikTokers to make content, and now four creators are getting original series
Three years ago, a group of TikTokers joined NBCUniversals new initiative aimed at transforming social media influencers into the next generation of TV show creators. Now, four of these creators are set to launch their original series on Peacock. According to The Hollywood Reporter, the shows set to premiere are The Warehouse Phase, developed by []
Rising star defense tech startup Mach Industries is raising $100 million, sources say
Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the []
Stripe shows iOS developers how to avoid Apples App Store commission
Payments processing software provider Stripe is ready to help iOS app developers bypass Apples cut of App Store transactions. Following yesterdays ruling in the Apple-Epic antitrust trial, where Judge Yvonne Gonzalez Rogers outright shamed Apple for not permitting external payment links in apps as she had previously ruled, Stripe shared documentation that shows iOS developers []
Buzzy investing app Dub lands $30M Series A
Dub, the copy-trading platform that says its transforming how Gen Z invests, has secured a $30 million Series A funding round, bringing its total raised to $47 million. The deal, which founder Steven Wang had previously hinted to TechCrunch was in the works, comes a year after its official launch. The 23-year-olds Harvard dropouts platform []
Fintech Bench conducts layoff while others still work month-to-month
Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didnt specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions thats a big chunk of the []
Ai2s new small AI model outperforms similarly-sized models from Google, Meta
Tis the week for small AI models, it seems. On Thursday, Ai2, the nonprofit AI research institute, released Olmo 2 1B, a 1-billion-parameter model that Ai2 claims beats similarly-sized models from Google, Meta, and Alibaba on several benchmarks. Parameters, sometimes referred to as weights, are the internal components of a model that guide its behavior. []
Nvidia takes aim at Anthropics support of chip export controls
Nvidia clearly doesnt agree with Anthropics support for export controls on U.S.-made AI chips. On Wednesday, Anthropic doubled down on its support for the U.S. Department of Commerces Framework for Artificial Intelligence Diffusion, which would impose sweeping AI chip export restrictions starting May 15. The next day, Nvidia responded with a very different take on []
May Mobility to launch robotaxis on Uber platform this year in Texas
Startup May Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as part of a multi-year partnership. The tie-up with Uber offers May Mobility a chance to grow beyond offering shuttles within campuses and planned communities, while Uber adds May Mobility to its growing []
Epic Games is launching webshops to allow developers to circumvent app store fees after new ruling
Epic Games is taking a victory lap. After notching a big win against Apple in a years-long legal dispute, Epic announced that its Epic Games Store will allow developers to open webshops, which can offer players out-of-app purchases to circumvent fees from Apple and Google. Epic has been in a long legal battle with Apple []
Anthropic lets users connect more apps to Claude
Anthropic on Thursday launched a new way to connect apps and tools to its AI chatbot Claude, as well as an expanded deep research capability that allows Claude to search the web, enterprise accounts, and more. The new app connection feature, called Integrations, and expanded deep research tool, dubbed Advanced Research, are available in beta []
Fivetran acquires Census to become end-to-end data movement platform
After nearly 13 years in business, Fivetran will now be able to offer its customers an end-to-end data movement solution. Fivetran, which helps enterprises move data from a variety of sources into cloud databases, announced on Thursday it has acquired Census, a reverse extract, transform, and load (ETL) platform that enables companies to transfer data []
Judge Yvonne Gonzalez Rogers is pissed off at Apple. Really, really pissed off. In Rogers newly released 80-page decision, she took Apple and its executives to task for defying the courts orders in its original case with Fortnite maker Epic Games. Though Apple largely won that round, as it was determined the tech giant was []
ChatGPT: Everything you need to know about the AI-powered chatbot
ChatGPT, OpenAIs text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership []
Last call to volunteer at TechCrunch Sessions: AI
TechCrunch Sessions: AI is just over a month away! Were doing a last call for exceptional volunteers to join us in bringing this event to life. If youve ever wondered about the inner workings of tech events, nows your chance to get involved. Volunteer spots are limited, so dont miss out. Apply before the May []
Xbox consoles, controllers, and games are getting more expensive
Microsoft announced price increases on Thursday for its Xbox consoles, controllers, and some games. The affected consoles, which include Xbox Series X and Xbox Series S models, will increase in price between $80 and $100 each, depending on the console. These consoles were first released almost five years ago, with the basic Xbox Series S []
Instacart acquires Wynshop to provide tools for grocers and retailers
Grocery-delivery giant Instacart announced Thursday the acquisition of Wynshop, a provider of cloud-based e-commerce solutions for grocers. The deal will help Instacart improve its enterprise solutions, enabling retailers to enhance their online experiences. The company didnt disclose deal terms. Wynshop launched its platform in 2020 and provides online storefronts for grocers, working with clients such []
Fortnite plans return to the US iOS App Store next week
Epic Games mega-popular Fortnite is returning to the US iOS App Store next week after a surprising ruling in a years-long legal battle with Apple. The dispute between Epic and Apple began in 2020, when Apple removed Epic Games from the iOS store. Because Apple takes 30% of all in-app purchases, Epic had introduced support []
Aurora launches commercial self-driving truck service in Texas
Autonomous vehicle technology startup Aurora Innovation says it has successfully launched a self-driving truck service in Texas, making it the first company to deploy driverless, heavy-duty trucks for commercial use on public roads in the U.S. The launch comes just as Aurora hits its deadline: in October, the company delayed its planned 2024 debut to []
MoviePass explores a daily fantasy platform for film buffs
MoviePass, the startup that made its mark with its movie theater subscription service, has always been known for shaking things up, and its latest venture is no exception. The company announced on Thursday the beta launch of Mogul, a new daily fantasy entertainment platform designed specifically for the Hollywood industry. To understand what Mogul is, []
Google is reportedly showing ads in chats with some third-party AI chatbots
Googles AdSense advertising network started supporting ads inside users chats with some third-party AI chatbots earlier this year, Bloomberg reported. The company is rolling out the feature following tests with AI search startups iAsk and Liner, the report said, citing anonymous sources familiar with the matter. AdSense for Search is available for websites that want []
WhatsApp now has more than 3 billion users a month
WhatsApp now has more than 3 billion people using it every month, Meta CEO Mark Zuckerberg noted during the companys Q1 results conference call on Wednesday. Founded in 2009 and acquired by Facebook for $19 billion in 2014, WhatsApp remains free to use and doesnt serve any ads. The app reached the 2 billion monthly []
Digital assets infrastructure startup Fuze raises $12.2 million from Galaxy, e&, others
Fuze, a digital assets infrastructure startup, secured $12.2 million in Series A funding led by Galaxy and e& to fuel expansion into India, accelerate product development, and recruit senior talent. Operating in the MENA region and Turkey, Fuze offers a platform enabling integration of regulated digital assets into traditional financial services and has processed over $2 billion in volume.
From tech pioneers to extremists: Belarusian founders face exile and statelessness
In 2013, Tatyana Marynich and Anastasiya Khamiankova opened the doors to Imaguru, a startup hub in Minsk, Belarus that would go on to launch some of Eastern Europes most prominent tech success stories. A decade later, theyve been sentenced in absentia to a combined 23 years in prison by Belarusian authorities. Their property has been []
Teslas board reportedly sought a successor while Musk wheeled around Washington
According to a new, brow-raising WSJ report, Teslas board quietly began searching for Elon Musks potential successor about a month ago, approaching executive search firms as the carmaker faced protests, plummeting sales, and shrinking profits while Musk waded into Washington to slash government spending. Board members reportedly met with Musk to express concerns about his []
Trump's water war with Mexico is just starting
Trump has threatened tariffs, while Mexico's president seeks a resolution, but internal water scarcity complicates compliance.
Mysuru Startups Cofounders Found Dead In US Home
In a tragic incident, Mysuru-based robotics startup HoloWorlds cofounders Harshavardhana Kikkeri and Shwetha Panyam were reportedly found dead in their
Ola Electric Delays Deliveries Of Roadster X Motorcycle
Electric vehicle (EV) maker Ola Electric has delayed the deliveries of its electric motorcycle range Roadster X by a month.
Microsofts most capable new Phi 4 AI model rivals the performance of far larger systems
Microsoft launched several new open AI models on Wednesday, the most capable of which is competitive with OpenAIs o3-mini on at least one benchmark. All of the new pemissively licensed models Phi 4 mini reasoning, Phi 4 reasoning, and Phi 4 reasoning plus are reasoning models, meaning theyre able to spend more time []
MobiKwiks Zaakpay Gets RBI Nod To Operate As Payment Aggregator
Fintech major MobiKwiks subsidiary Zaakpay ePayment Services Pvt Ltd has received the RBIs nod to operate as an online payment
Ather IPO Sees Lukewarm Response Amid Mixed Brokerage Calls
After much-anticipation over Indias second EV IPO, Ather Energys public issue closed with an oversubscription of 1.43X today. The IPO
Spacetech Startup SatLeo Labs Pockets $3.3 Mn
Ahmedabad-based spacetech SatLeo Labs has raised $3.3 Mn (around INR 28 Cr) in a Pre-Series A funding round led by
GSV Ventures Ropes In PhysicsWallah Executive As Partner
Multi-stage venture capital firm GSV Ventures has onboarded its IPO-bound portfolio company PhysicsWallahs executive Abhishek Mishra as partner. Mishra will
Natural vs lab-grown diamonds: The dazzling duel shaking up Indias jewellery market
Natural diamond players are on a quest to regain their lustre amid the double whammy of falling sales and the rising popularity of lab-grown diamonds. However, in a market like India, where consumers look for both value and price while making purchases, experts say that there is ample space for both to thrive
Salesforce South Asia CEO Arundhati Bhattacharya Conferred With Padma Shri
Arundhati Bhattacharya, chairperson and chief executive officer of Salesforce South Asia region, has been conferred with Padma Shri for her
Ather Energy IPO fully subscribed on Day 3 led by QIB, retail demand
Qualified institutional buyers placed bids 1.35 times the portion reserved for them as of 1:45 pm. The retail portion was oversubscribed 1.48 times, while the non-institutional investors had subscribed only 35% of the shares reserved for them. The employee portion was oversubscribed 4.32 times. Overall, the issue was subscribed 1.1 times.
Why Hasnt India Produced An Agritech Unicorn Yet?
Indias agritech sector is not short on breakthroughs. Over the past decade, weve seen technology deployed at the last mile
Karnataka HC Directs Centre To Block Proton Mail In India
The Karnataka High Court has directed the Union government to block Proton Mail, which utilises end-to-end encryption to protect user
Karnataka HC Allows Bike Taxis To Operate Till June 15
In a major reprieve for bike taxi aggregators, the Karnataka High Court (HC) has allowed two-wheeler ride-hailing platforms to continue
Exclusive: Networking Platform Medial In Talks To Raise $5 Mn From OG Capital, Others
Bengaluru-based networking platform Medial is in advanced talks to raise $4 Mn to $5 Mn in its Series A round,
Amazon, Flipkart Probe: CCI Seeks Sales Data From Apple, Xiaomi
The Enforcement Directorate (ED) has asked smartphone makers like Apple and Xiaomi to share sales data and other documents as
The Souled Store Buys Redwolf To Boost Presence In Pop Culture Merchandise Space
D2C fashion startup The Souled Store has announced acquisition of apparel brand Redwolf to consolidate its dominance in the pop
Laptop Maker Primebook Bags $2 Mn From Inflection Point Ventures, Others
Laptop maker Primebook has secured Pre-Series A funding of $2 Mn (around INR 17 Cr) in a mix of equity
Ather Energy IPO Day 2: Issue Subscribed 0.24X So Far, Retail Booked 100%
The initial public offering (IPO) of electric mobility startup Ather Energy continues to see steady demand from investors, with the
Delhivery Founder Sahil Barua Joins Nestasias Board
Days after quitting Swiggys board, logistics major Delhiverys founder and CEO Sahil Barua has now joined D2C home decor and
Foxconn, Others Plan Investments Under Electronics Component PLI: Report
Foxconn, Tata Electronics, Zetwerk and Dixon are among the companies reportedly eyeing investments in India under the newly launched production-linked
Karnataka HC Dismisses Qatar Holdings Plea Against Byju Raveendran
The Karnataka High Court has reportedly dismissed Qatar Holding LLCs petition, which sought to restrain troubled edtech startup BYJUS cofounder
Paytms Gaming Subsidiary Gets INR 5,712 Cr GST Notice
Fintech major Paytms online gaming subsidiary First Games Technology Pvt Ltd has received a tax demand notice to the tune
Spread over 40 sq. km, Peenya houses more than 13,000 MSME industries, employing over 1 million individuals. However, challenges like poor infrastructure and skill shortages are hindering future investments, slowly putting the industrial area in slumber.
