Author: News Desk
Japanese investment giant SoftBank is looking to partially exit from three startups which are aiming at an IPO next year — Ola Electric, Swiggy and First Cry. But its decision will depend on the size of the offer for sale pool in each of the companies. According to a BS report citing sources aware of the strategy, Softbank invested over $850 million collectively in these companies whose value conservatively would go up more than 4.3 times to around $3.7 billion, based on preliminary estimates of their projected valuation when they go public next year. In August 2023, Sumer Juneja, the firm’s…
Starting and growing a successful business is an accomplishment in itself, but sustaining that success over the long term can be a formidable challenge. In this article, we’ll explore key tips and strategies to help entrepreneurs maintain and build upon their achievements while avoiding plagiarism in their business endeavours. Continual Innovation: The Lifeline of Success In the fast-paced world of business, innovation is your best friend. Continuously seek new ways to improve your products or services to meet evolving customer needs. However, always ensure that your innovation is original and not copied from others. Build Strong Customer Relationships The foundation…
Pragathi Pratisthan, a Non- Governmental Organisation (NGO) led by B.K. Ajay Kumar Jain in Vidyaranyapuram, Mysuru, is crafting eco-friendly lamps using cow dung cakes, ghee, milk, cow urine and curd. Several households in Mysuru will light up eco-friendly cow dung diyas this Deepavali as an alternative to the traditional earthen lamps thanks to the initiative of a group of residents. Kokila Ramesh Jain, president of the Jeev Daya Jain Charity, who is the brain behind the programme, said, “We want to encourage people to use cow dung diyas instead of earthen diyas. The earthen diyas take time to compost in the soil, whereas the cow dung diyas…
Humane, a Silicon Valley startup backed by a constellation of tech luminaries, has unveiled its latest innovation – the Ai Pin. Priced at $699, this cutting-edge device aims to bring artificial intelligence (AI) to the forefront of wearable technology, revolutionising the way we interact with devices. Wearable AI on Your Lapel The Ai Pin is not just a device; it’s a fashion statement designed to be worn on clothing, blending seamlessly into your everyday attire. With the ability to tap and talk to a virtual assistant, powered by OpenAI’s ChatGPT and the cloud computing prowess of Microsoft, the Ai Pin takes AI out of the abstract and puts it on your lapel. Beyond Mixed Reality Headsets In…
The Delhi Police have taken swift action in response to a deepfake video scandal involving popular actress Rashmika Mandana. The actress, distressed by the incident, has expressed concerns about the illicit use of her image in the manipulated video. This article delves into the legal measures taken by the Delhi Police, the involvement of the Delhi Commission for Women (DCW), and the broader implications of deepfake content on social media. Delhi Police Registers FIR and Launches Investigation In response to the widespread circulation of the deepfake video, the Delhi Police have registered a First Information Report (FIR) under sections 465…
A Unique Blend of Innovation and Environmental Responsibility Emirates, renowned for its commitment to innovation and environmental sustainability, is set to launch an exclusive capsule collection crafted from upcycled materials sourced from retrofitted aircraft. This limited-edition line includes suitcases, backpacks, handbags, accessories, and even shoes – all designed and handcrafted by Emirates tailors at the dedicated cabin workshop in the Emirates Engineering facility in Dubai. A Stylish Legacy from Iconic Aircraft Scheduled for release in 2024 at Emirates Official Stores, this distinctive collection offers a chance to own a piece of aviation history. The materials used for these chic accessories have been repurposed from iconic…
Starting and growing a successful business is an accomplishment in itself, but sustaining that success over the long term can be a formidable challenge. In this article, we’ll explore key tips and strategies to help entrepreneurs maintain and build upon their achievements while avoiding plagiarism in their business endeavours Continual Innovation: The Lifeline of Success In the fast-paced world of business, innovation is your best friend. Continuously seek new ways to improve your products or services to meet evolving customer needs. However, always ensure that your innovation is original and not copied from others. Build Strong Customer Relationships The foundation…
In India, the absence of concrete AI regulations hasn’t deterred scammers from exploiting the technological sophistication of artificial intelligence (AI). A study by McAfee reveals that Indians spend an average of 105 minutes per week discerning the legitimacy of messages, with a staggering 82% falling victim to fake messages. Common scams include fake job notifications (64%) and bank alert messages (52%). AI’s Role in Escalating Scams AI has become a scammer’s tool of choice, enabling cybercriminals to scale and enhance the sophistication of their fraudulent activities. The speed at which phishing and text message scams occur is alarming, with a…
Mumbai-based InCred Holdings, the holding company of InCred Financial Services, has raised INR 500 crore in its latest round of Series D funding. The latest funding round values the company at nearly $1.05 billion. The company is the second to become a unicorn this year, following Zepto’s entry into the $1-billion club in August. According to an official release, the equity capital of INR 500 crore will be strategically deployed across InCred’s core business verticals: Consumer Loans, Student Loans, and MSME Lending, all three of which have seen strong growth. “This funding commitment marks a significant milestone in our journey and takes us into the ranks of Unicorns. We are deeply grateful for the overwhelming…
Google has recently unveiled its plan to develop another product with two billion users, according to a Reuters report. Bard, which lets consumers brainstorm and fetch information with the help of new artificial intelligence, is laying the groundwork for Google to attract still more customers, its Product Lead Jack Krawczyk reportedly said in an interview. Krawczyk quoted in the report was saying, “Among the opportunities is the company’s plan to liven its timer-setting, command-fulfilling Google Assistant with Bard’s collaborative responses. Connecting these products, first via mobile devices in the coming months, will introduce AI to more people.” Bard is a conversational generative…