ETtech Top 5: Top tech and startup stories of the day

Feb 24, 2025

Tech hiring 2025

Global capability centres and small to mid-sized information technology services firms are set to lead tech hiring in 2025, while large IT companies are expected to decrease recruitment.

Image Source: agencies

Blackstone and Aakash Institute

Blackstone has withdrawn its petition against Aakash Institute, allowing the edtech company to change the rights of minority shareholders.

Image Source: agencies

EV scooters in fast lane

India’s leading two-wheeler manufacturers, including Hero MotoCorp and TVS Motor, foresee a threefold increase in battery-powered models over the next five years.

Image Source: agencies

Alibaba’s AI bet

Chinese ecommerce giant Alibaba plans to invest at least $52.44 billion in its cloud computing and AI infrastructure over the next three years.

Image Source: agencies

India’s smartwatch slump

India's smartwatch shipments declined by 30% year-over-year in 2024. Noise was the market leader in the smartwatch category, with a 27% share.

Image Source: agencies

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