Ola Electric to launch bikes🏍️

Aug 16, 2023

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Amazon ads eating into Google & Meta’s digital marketing pie
- Over the last couple of years, Amazon seems to be eating into the digital ads pie that has been gobbled up by Google and Meta. Google and Meta enjoy a virtual duopoly in India’s digital ads space, with almost 90% share of the Rs 7,000-9,000 crore market between them.
Ola Electric to launch bikes by 2024-end, introduces new scooters
- Ola Electric is set to launch electric bikes by the end of 2024, it said during its annual “customer day” event, where it launched a new scooter, the Ola S1 X.
Infosys announces $1.6 billion deal with telecom firm Liberty Global
- Infosys, India's second-largest IT company, secured a €1.5 billion ($1.64 billion) mega deal with Europe's Liberty Global. an extension of their prior collaboration. Infosys will manage Liberty Global's Horizon platforms, incorporating Topaz AI solutions.
Cricket Australia selects HCLTech to drive digital transformation
- HCLTech said on Tuesday that it has won a deal from Cricket Australia (CA), the national governing body for the game in Australia, for the next phase of CA’s digital transformation.

Mexican financial services startup Klar has received a $100 million debt facility from investment firm Victory Park Capital to expand the company's loan book in a country where few residents have access to credit.
New York City-based artificial intelligence code cleanup startup Grit has raised $7 million in a seed round.