Tech
Groww IPO: Nithin Kamath, Aloke Bajpai, Ritesh Banglani debate profits, IPOs, & cash burn
Zerodha CEO Nithin Kamath posted on X that India’s tax system influences how startups grow, often encouraging them to focus on fast expansion instead of profits. However, Ixigo chairman Aloke Bajpai disagreed with some of Kamath’s contentions. Meanwhile, Ritesh Banglani, partner, Stellaris Venture Partners, also disagreed with Kamath. He said venture capital isn’t designed as a way to avoid taxes.
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Happy Tuesday! Pine Labs has priced its IPO to attract more merchant investors, CEO Amrish Rau told us. This and more in today’s ETtech Morning Dispatch.
Pine Labs CEO Amrish Rau told us about the company's upcoming IPO, its pricing and growth plans. This and more in today's ETtech Top 5.
Happy Monday! The Economic Times Startup Awards (ETSA) 2025 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations.
Tech Bytes
AWS outage: Elon Musk promotes X Chat, mocks Signal for dependency on Jeff Bezos company
In a series of posts on X, Musk wrote that it was “pretty weird that an AWS outage caused Signal to fail,” criticising the messaging platform’s use of centralised cloud infrastructure.
Apple CEO Tim Cook extends Diwali greetings with 'diyas' captured on iPhone
In September this year, Apple unveiled the iPhone 17 Pro and Pro Max, the top models in its new iPhone 17 lineup, alongside the regular iPhone 17 and all-new iPhone Air.
Ashwini Vaishnaw invites former UK PM Rishi Sunak to India's upcoming AI Impact Summit 2026
Sharing the details of the interaction in a social media post, the minister wrote, "Good conversation with former UK PM @RishiSunak. He appreciated Bharat's progress in semiconductors and electronics. Invited him to the upcoming AI Impact Summit."
