Author: News Desk
No way Byjus is making profit. Byjus said the business will continue to focus on organic growth while reducing costs. WhiteHatJr, India’s leading coding platform for kids, is set to be let go by Byjus.In the areas of stock, education, and business, the issue of what will happen after Byjus’ recent high-stakes takeover is looming. What is going to Happen is either Byjus will disown WhiteHat Jr ,which it paid $300 million or will attempt to sell or shut down the top coding platform. The $22 billion startup with its headquarters in Bengaluru has listed WhiteHatJr as one of its…
The sixth edition of the “Seeding Kerala” event, organized by the Kerala Startup Mission (KSUM), will take place on March 6 in Kochi, Kerala. The event aims to advance efforts to develop a dynamic early-stage investment ecosystem in the state and construct a robust pipeline of high net worth individuals (HNIs) and local investors who would be prepared to put their cash in Kerala’s budding businesses. At Seeding Kerala 2023, there will be more than 40 speakers, 50 notable investors from all over the nation, and more than 100 HNIs, entrepreneurs, policymakers, and corporates. For state-wide Entrepreneurship development and Incubation…
The UAE has announced the launch of a national rail network. The network will connect four ports in the UAE, as well as logistics hubs. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the inauguration of the network at the main centre for control and maintenance in Al Fayah, Abu Dhabi. Taking to Twitter, he posted a series of photos, one of which showed him inside a train along with other Sheikhs and leaders. Etihad Rail is the developer and operator of the UAE’s National Railway Network…
UAE signs over $5bn in deals at arms fair The UAE, a long-time customer of Western defense companies, placed orders for anti-tank missiles worth $710 million from Rosoboron Export of Russia and more than $740 million from Raytheon of the United States. Contracts worth $930 million were signed on the final day on Wednesday, according to the organizers, bringing the total for the four days to $5.2 billion. The oil-rich United Arab Emirates is an important member of the Saudi-led Arab military coalition that intervened in Yemen in March 2015 after Houthi militants took the country’s capital Sanaa and marched…
Zomato, a food delivery platform, announced on Wednesday the launch of an ‘Everyday’, home-style meal service in which its food partners will collaborate with home chefs. Founder Deepinder Goyal announced in a blog-post that Zomato Everyday will bring people closer to home feeling by serving meals that make them feel at home. He also added that their food partners collaborate with home-chefs, who design each recipe with love and care to serve home-styled, wholesome food at the best prices within minutes. Zomato Every day is currently available in select areas of Gurugram only, with fresh meals starting at only Rs…
Nearly every day, ChatGPT is in the news, and its involvement is now prepared to advance. The AI Chatbot has been appointed as the CEO of the company CS India. The company was founded with the goal of empowering young people in the nation, and it asserts that having ChatGPT as CEO will enable it to analyse massive amounts of data and foster brand expansion. “We at CS India are dedicated to elevating Indian youth and creating the future generation of leaders.”Adv. Kunal Sharma, Founder-CEO of CS India ChatGPT is the ideal candidate to lead our organisation in this purpose…
CarDekho has on-boarded ambulance service provider Medulance on its platforms to provide emergency medical services. Medulance’s technology platform helps users find an ambulance through the platform’s integrated emergency response support provider, ambulance booking, and tracking systems. CarDekho’s partnership will enable its users to call for an ambulance from the app and website. Present in 500 cities, Medulance is India’s first GPS-based technology platform that enables fast and reliable first-point medical attention. Medulance agreed to offer its ambulance services to CarDekho without any financial transactions. This offer was made on Shark Tank India by CarDekho’s co-founder and CEO, Amit Jain, following…
In Kerala, there is an increasing demand for electric vehicles. Yet, how much Infrastructural improvements, such as charging stations, are there in Kerala? The acknowledgement the Kerala State Electricity Board has now got is the answer to this question. The Central Government has recognised the pole mounted charging stations that KSEB designed for electric auto rickshaws and two-wheelers on a national level. The Indian Smart Grid Forum (ISGF) 2023 has given KSEB the Diamond Award in the category of Emerging Innovation in Electric Mobility Domain—EV and EVSE Rollouts. ChargeMOD, a Startup based in Thiruvananthapuram, created the devices for the project…
The Middle East is witnessing an increase in demand for 3D-printed projects. 3D printing construction is set to revolutionise the industry. The GCC has already taken a step into the 3D printing industry, with various structures built using the technology across the region. Among the various structures to be mentioned are a 3D printed house in Saudi Arabia, the Dubai Future Foundation building, a 3D printed villa in Sharjah, a 3D printed bus stop in Ajman, and the Dubai Municipality building. Dubai is now close to achieving the world’s first fully functional 3D-printed mosque, located in Bur Dubai. The 2,000-square-meter mosque’s construction, which began in October 2023, will accommodate around 600…
The Gulf’s trade ties with India have been strengthened with Adani Group’s acquisition of the Haifa Port project. The Adani Group, led by billionaire Gautam Adani, acquired the strategic Israeli port for $1.2 billion last month after outbidding Chinese and Turkish companies. The Port will prove to be Adani Ports & SEZ’s biggest revenue generator outside India. It is the largest of Israel’s three major international seaports located in the northern Israeli city of Haifa. APSEZ is also building an incubation centre at the port there which will be the biggest Start-up accelerator for the group. India’s largest port operator…