Soumyajit Saha is a journalist for The Economic Times, focusing on national news in India. With a specialization in the technology and business sectors, Soumyajit covers topics such as e-commerce, consumer tech market trends, startup layoffs, and the growth of various industries in India.
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India (National)
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Soumyajit Saha's coverage is prominently focused on the Indian consumer tech market, startups, and emerging trends in technology. The themes covered include gaming and sales & marketing. He often cites data and government announcements.
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By: Soumyajit Saha
Absolute Sports, a segment of Nazara Technologies, purchased Deltias Gaming for $900,000. This acquisition boosts Absolute Sports' reach to over 5 million gaming enthusiasts in the US. Nazara has recently acquired several companies, including Comic Con India
Synopsis Ather Energy has raised Rs 600 crore ($71 million) from National Investment and Infrastructure Fund, boosting its valuation to $1.3 billion. This funding makes Ather India's fourth unicorn of 2023. The company, facing competition from rivals like Ola Electric, strategically aims to expand its market share with new product offerings and a robust manufacturing setup.
Synopsis Sarvam AI, an AI startup from Bengaluru, introduced new generative AI products. Key offerings include Sarvam Agents, Sarvam 2B, Shuka 1.0, Sarvam Models, and A1. Sarvam will partner with the likes of Yotta, Nvidia, Microsoft Azure, Google Cloud Platform (GCP) and Exotel for these services and products.
By: Soumyajit Saha, Jessica Rajan
Blinkit and Zepto saw increased sales and expanded their product ranges for the festive season, targeting doubled SKUs for Diwali. With significant sales spikes for Rakshabandhan, the platforms also emphasised discounts and international orders. Mumbai-based rival Zepto said it aimed to deliver 3.5 million orders in the three days leading up to Rakshabandhan.
By: Jessica Rajan, Soumyajit Saha
As the festive season kicks in, the demand for gig work riders employed by quick commerce platforms may grow by as much as 40% on peak demand days from the current level of about three to four lakh riders, industry executives told ET. Ecommerce and food delivery platforms may hire about 20% more gig riders.
Private companies expand roles in country's quest for self-reliance amid Ukraine war
Delivery company raised $1.35bn in second-biggest IPO this year in South Asian nation
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By: Kiran Sharma, Soumyajit Saha
Modi plan to sync national, state and local elections could save money but some are wary
Customer preference, access to financing leaves sellers with overstock of compact vehicles
By: Kiran Sharma, Soumyajit Saha
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