Author: News Desk
The Singapore-based parent company of Flipkart Internet, the Indian marketplace division of Flipkart, has invested $90 million (Rs 772 crore) in the company. According to a regulatory filing, the board of Flipkart Internet authorised the resolution to inject cash into the company on December 29 of last year. Two Singapore-based companies, Flipkart Marketplace Private Limited and Flipkart Private Limited, raised the new funding. Where the e-commerce behemoth plans to use the money is unclear. In the fiscal year 2021–2022, Flipkart Internet’s operating revenue increased by 33% to Rs 10,476 crore, but its losses increased to Rs 4,400 crore. Employee stock…
The controversial founder of BharatPe, Ashneer Grover, provided a sneak peak of his most recent project, The Third Unicorn, on LinkedIn. “A market-changing company has been discreetly and peacefully developed by Third Unicorn. Bootstrapped. without the spotlight. Additionally, we have changed the way we operate.” In his post, Grover stated. After the Delhi High Court (HC) on Monday refused to grant BharatPe any immediate relief in its INR 88.7 crore defamation action against the company’s former MD and cofounder Ashneer Grover, his wife and former head of controls Madhuri Jain Grover, and other family members, his post on Tuesday came…
The brand Lamborghini does not require an introduction. This name that carries a regal touch makes the Italian luxury sports car brand unique. However, currently, the brand and the Lamborghini family have no ties. In 1998, Volkswagen bought Lamborghini. Now, the Audi business unit of Volkswagen handles the business of Lamborghini. Ferruccio Lamborghini, who was an automobile designer, mechanic, engineer, vintner, and entrepreneur, started the Lamborghini Automobile Company in 1963. Over time, the brand became the most popular luxury car brand in the world. The Lamborghini family’s majority of wealth came from the ownership of the car company. Besides the…
Use a smart card to apply for a driver’s licence. As a result of similar technology advancements, a driver’s license’s look and feel have changed. The DL used to look like a small book or journal. They have now developed into Smart Cards. The SCDL stands for Smart Card Driving License. Smart card licences are driving licences that come in the form of cards. It looks like a debit or credit card. The SCDL has a chip in it. Data about the cardholder, including biometric data, is stored on this chip. All of this data is stored on the servers…
To encourage innovation and entrepreneurship, the Commerce and Industry Ministry’s Department for Promotion of Industry and Internal Trade (DPIIT) is hosting Startup India Innovation Week, which begins on January 10. As part of the Startup Innovation Week, a 2 Day Workshop for Women Entrepreneurs was organised at Kerala Startup Mission, Kochi. The session covered – Startup India Initiative and its schemes & Benefits, Capacity building session on Product Validation, Market Entry , Brand Building Fundraising and many more Khushbu Verma from Startup India discussed how startups are benefiting from income tax reforms. Startup India Innovation Week 2023 will involve ecosystem…
SS Rajamouli’s RRR wins the 80th Golden Globe award in the category of the best original songThe dance number ‘Naatu Naatu’ featuring Jr NTR and Ramcharan fetched the award Ever since its release, the song has been popular for its choreography and musical storytellingKaala Bhairava and Rahul Sipligunj sang the song composed by MM Keeravani At Golden Globes, the song competed against Taylor Swift’s “Carolina” from Where the Crawdads Sing and “Ciao Papa” from Guillermo del Toro’s PinocchioThe historical drama has also been nominated in the Best Non-English Language Film categoryRRR became a cult phenomenon in the US following the Netflix release of…
Mumbai-based EV startup Liger Mobility has developed the world’s first auto-balancing electric scooter. The scooter will be showcased at the upcoming Auto Expo. Reports say that self-balancing technology has been developed in India. Liger Mobility showcased a pre-production model of the scooter back in 2019. The auto-balancing scooter will have a modern-retro theme with LED lighting on the front and back. The scooter will have a digital cluster with OTA updates. It will also perform self-parking, ARSAS (advanced rider safety assist), learner mode, and reverse function. The triangular-shaped headlamp will have a strong DRL.
Chinese smartphone maker Realme has launched the Realme 10 model The smartphone is priced at Rs 13,999 and Rs 16,999 respectively Camera features include panoramic view, timelapse, portrait mode, AI beauty, night vision, slow motion, etc… The model offers over 30 hours of battery life for continued phone calls and 50 hours of music streaming It comes in clash white and rush black colour variants
The Government of NCT Delhi has placed an order for 570 electric buses with shared e-mobility provider GreenCell Mobility Ltd (GreenCell).State-owned Convergence Energy Services Ltd (CESL) announced a tender under the National E-bus Program (NEBP) for the order, according to a statement from the business. The largest tender for E-buses ever floated in India, according to the statement, is for 6,465 vehicles under a Gross Cost Contracting (GCC) basis.GreenCell won a contract for 570 low-floor e-buses to be deployed over the following two years after submitting a bid for 1,900 low-floor e-buses in the CESL tender, a government of India…
At the Consumer Electronics Show (CES) 2023, a live demonstration of the new voice assistant “Hey Disney!” developed in partnership with Amazon and Disney was presented. According to an Amazon blog post, the “first-of-its-kind” voice assistant would give users access to “a wide spectrum of Disney fun” both through Echo devices at home and as a free service at some Disney Resort hotels.The Alexa Unique Assistant, a speech artificial intelligence (AI) framework upon which the business could quickly construct its own custom voice assistant that coexists with Alexa, was used by Disney to develop this experience. In the upcoming months,…