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Chandra R. Srikanth
@chandrarsrikant
Editor - Tech, startups & new economy, . Previously with . Tweet on tech, startups, general news. They reflect my views.
Bengaluru, Indiamoneycontrol.com/author/chandra…Joined September 2008

Chandra R. Srikanth’s Tweets

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📢🚨 Stay on top of the most important developments in technology & startups Short, crispy, and all our best stories on tech in one place. Super stoked to reveal the MC Tech3 newsletter, delivered to your inbox every evening on weekdays. Sign up here
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🚨 Tech 3 Today Breaking: Chinese internet giant Tencent eyes India comeback with Undawn Top 3: Payday for Lenskart investors 'Indian market not for the faint-hearted' ChatGPT shadow dims AI funding in India
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The launch comes nearly 3 years after Tencent withdrew all of its games and mobile apps from India, including its popular messaging app WeChat. The apps were banned by the Indian govt in 2020, citing national security concerns amid escalating border tensions between India & China
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🚨🆕 Scoop: Chinese giant Tencent eyes India comeback with Undawn game launch @tsuvik reports moneycontrol.com/news/business/
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I think full stack/mean stack folks in their twenties make more than this, esp during the 2021 phase when they saw huge demand
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This is truly tragic! The Chairman of ⁦@TheOfficialSBI⁩ which earned 50000 cr profits, 59lcr Balance sheet, 5l cr + market value is paid a partly 37l for his great work! ⁦@narendramodi⁩ ⁦@PMOIndia⁩ Sir this is not right,not New India moneycontrol.com/news/business/
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Big payday for investors. Of the total $600 million, about 80 percent or $450-500 million was raised in secondary sales.
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Lenskart raises $100 million in funding from ChrysCapital @moneycontrolcom moneycontrol.com/news/business/
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🚨Anil Goteti, Flipkart's Former SVP has just launched Scapia. The new startup has rolled out a visa travel credit card along with Federal Bank that rewards users with Scapia coins which can be used to book flight tickets or hotels. More deets ⬇️
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Anil Goteti, Flipkart's former senior vice president, has launched a new travel credit card startup called Scapia in partnership with Federal Bank that specifically targets the GenZ and Millenial population
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NEW: Twitter is testing a complete shutdown of Google Cloud today ahead of the planned migration later this month. If Elon Musk wants to avoid paying Twitter’s outstanding invoices this is likely a necessary way to see what the consequences will be.
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To give a perspective, Axis Bank managing director and chief executive officer (MD & CEO) Amitabh Chaudhry was the highest-paid private bank chief in India in the previous financial year, drawing a total of Rs 7.62 crore in annual salary
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SBI Chairman Dinesh Khara took home Rs 37 lakh annual salary in FY23. @Dinesh_Unni reports moneycontrol.com/news/business/
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Excellent news 👏🙏This is what it takes - it is not 2016, 3 engineers and $10M unlikely to cut it for foundational LLMs. Initiatives by industry champions and efforts like ’s twitter.com/rmantri/status are key to building up India's capabilities in AI.
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🚨🆕 Imp: Zoho is building its own large language model (LLM), similar to OpenAI's GPT and Google's PaLM 2 models. The project is being overseen by @svembu, and is being worked on by the company's R&D team in India. @deepsekharc reports moneycontrol.com/news/business/
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"We are also building proprietary large language models that will be capable of summarising, paraphrasing and adapting to new tasks. However, we have not set a specific timeline for it,"
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🚨🆕 Imp: Zoho is building its own large language model (LLM), similar to OpenAI's GPT and Google's PaLM 2 models. The project is being overseen by @svembu, and is being worked on by the company's R&D team in India. @deepsekharc reports moneycontrol.com/news/business/
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Byjus vs Lenders: Who blinks first? Lender group wants to discuss it collectively to comply with a cooperation agreement that mandates collaborative efforts during negotiations. The group has also asked Byju's to send a draft amendment proposal to proceed with the negotiations
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🚨🆕 Byju's lender group has rejected the company's proposal for one-on-one discussions and instead demanded a group call as tensions continue to escalate between the two parties @patwardhannn reports moneycontrol.com/news/business/
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"India amongst the most vibrant startup ecosystems in the world" #NewIndia #IndiaTechade
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BREAKING: Sequoia's Roelof Botha lauds Peak XV India leadership after Chamath comments India among most vibrant startup ecosystems in the world: Sequoia's Roelof Botha @moneycontrolcom moneycontrol.com/news/business/
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Indeed... a fast growing space in India, as MNCs expand their own captive centers, over outsourcing to IT services companies. Bengaluru is a clear leader in no. of GCCs/talent pool, followed by NCR. Mumbai, Pune, Hyderabad are at nearly the same level.
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