Tech

Razorpay’s Parent Company Returns to India Due to Tighter Regulations

Razorpay, a Bengaluru-based digital payments company, has announced that it is relocating its parent entity back to India from the United States. The move is driven by stricter regulations in the fintech sector, which have made it difficult for Indian companies to operate abroad. The announcement comes on the heels of a similar decision by …

Google employees criticize CEO Pichai’s $226 mn pay amid layoffs, share memes

Amid layoffs at Google, employees have taken to sharing memes on internal platforms criticizing CEO Sundar Pichai over his massive compensation package. Pichai received a total pay of $226 million last year, which has drawn criticism from some Google employees. According to reports, one meme compares Pichai to Apple CEO Tim Cook, who took a …

Swiggy disburses ₹31 cr in claims to delivery partners in FY22-23

Swiggy, the Indian food delivery giant, has disbursed Rs. 31 crore in claim amounts to its delivery partners in the fiscal year 2022-23, according to a company statement. The figure represents a 10% increase compared to the previous fiscal year. The food delivery company, which has approximately 3 lakh delivery partners across India, began offering …

LinkedIn Co-founder Reid Hoffman’s startup launches ‘Pi’ chatbot

Inflection AI, a startup co-founded by Reid Hoffman, LinkedIn’s Co-founder, and Mustafa Suleyman, DeepMind’s Co-founder, has launched its first AI chatbot product. The chatbot, called Pi, is powered by generative AI technology that can converse with users across platforms like Instagram and the startup’s website. Pi’s interactions are intended to be more conversational than transactional, …