Author: News Desk

Ola to deliver scooters within three days of order. The programme will start next week. There might be a slight delay depending on the city. Customers can book scooters after visiting Ola’s experience centres. There is also an option to take the vehicle for a test ride. The initiative aims to strengthen the supply of electric scooters in India. Ola targets to sell one lakh scooters in a year. Ola Electric has three variants – Ola S1, S1 Pro, SI Air.

The Indian government approved trade settlement in Indian rupees for export promotion schemes in an effort to expedite and simplify international trade in the country’s currency. With the revision to the Foreign Commerce Policy, trade can now be invoiced, paid for, and settled in Indian rupee. The Foreign Trade Policy and Handbook of Procedures have been appropriately amended by the Indian government to permit international trade settlement in Indian rupees (INR), which includes the invoicing, payment, and settlement of exports and imports. The updated provisions for Export Realization in Indian Rupees have been notified for imports for exports (Para 2.46…

Ola Electric is on a mission to propagate the usage of electric vehicles in India. Lately, it had launched a campaign to deliver Ola scooters within three days of the purchase order. Now, Ola Electric has launched Ola Maps, its own navigation system. Bhavish Aggarwal, Group CEO and co-founder of Ola, announced it on his social media platform. “We’ve made our in-house maps live on the Ola Electric website. Soon all Ola properties will run only Ola Maps. Absolutely excited about the potential to build the future of maps for India in India (sic),” wrote Aggarwal. Ola had announced building new…

India is all set to start a new era in the space sector. The nation is ready for its first private rocket launch. Vikram-S is expected to launch between November 12 and 16. Hyderabad-based Skyroot Aerospace would launch it. Skyroot’s maiden mission is named ‘Prarambh’. The rocket will carry three customer payloads. The launch will be from the Indian Space Research Organisation’s launchpad in Sriharikota. Skyroot is the first private space company in India to launch a rocket into space. The final date will be confirmed based on weather conditions.

Zoho has reportedly generated $100 crore (or around Rs. 8,000 crore) in revenue, according to CEO and Co-Founder Sridhar Vembu. Vembu added that ZOHO’s successful income generation was a result of its wide range of product offerings. Zoho Corp, a SaaS provider, made INR 5,442.4 crore in revenue in FY2021. Revenue at Zoho increased by 24% from the prior fiscal year. At the annual user gathering Zoholics India, Sridhar Vembu disclosed that Zoho is an Enterprisetech unicorn. According to the company, migrating mid-sized and large-scale organisations from other platforms to the Zoho solution has been quite advantageous. For entrepreneurs, zoho…

After Elon Musk purchased Twitter, many people left the platform due to Musk’s ‘reforms.’ Users are upset over the fact that they will have to pay for basic features on Twitter. Lately, several celebrities have deleted their Twitter accounts when Musk announced eight dollars per month for the blue tick verification. Looks like, a social media migration is happening now. The Twitteratis are flocking to Mastodon, a federated social network where users join servers instead of signing up for an account. By being federated, it means there are no shareholders, no central control and no targeted ad. It is a place where like-minded people share their views. BBC reports that about 2,30,000 Twitter users moved to Mastodon within…

Mumbai-based Aryahi Agarwal, who is 14-years-old, is an entrepreneur. Founder of Bella Frangrances, an exclusive organic perfume brand for teenage girls, she earned Rs 65,000 in three months. She started working on it during the covid-19 lockdown period. She looked for a good perfume but could not find anything of her choice. When she spoke to her friends, she realised that they felt the same. This inspired Aryahi to experiment. She wanted to create a perfume that was affordable and unique. It took her almost six months to formulate her plan and start the company. Her mentors were not supportive of her idea. They found it impossible to…

upGrad to invest $30 million in the global campus programme. upGrad is a higher education platform. It will open 10 global campuses under the new brand name ‘UGDX’. This process will complete in the next year. Three campuses will be in the United States. Five campuses will be in India and one each in Singapore and the Middle East. In India, the campuses will be in Chennai and Delhi.

The tech business Zoho Corp., with headquarters in Chennai, said that its yearly sales topped $1 billion in 2021.At a press conference, Zoho Corp. CEO and co-founder Sridhar Vembu asserted that no other firm had established a billion-dollar product company in India. Despite a 77% growth in annual income in India in 2021, India still accounts for 10% of the company’s total revenues.Similar to the majority of tech companies, the US and EU markets have contributed 42% and 30%, respectively, to its most recent sales numbers. In the coming years, the company intends to establish 100 network PoPs (points of…

AgniKul Cosmos, a spacetech start-up with its headquarters in Chennai, said the world’s first single piece 3D printed engine had successfully completed a test fire.At the Vertical Test Facility at Thumba Equatorial Rocket Launching Station (TERLS) of the Vikram Sarabhai Space Center, tests on AgniKul’s Agnilet engine were carried out (VSSC). The test was carried out with support from ISRO and IN-SPACe, a single-window nodal organisation for marketing and regulating space-tech players. Its goal was to confirm whether rocket engines could technically be produced as a single piece of hardware. The Agnilet engine was entirely designed and manufactured in India,…