Author: News Desk

Minus Zero has raised $1.7 million in seed round led by Chiratae Venture It is India’s first startup building affordable fully self-driving cars in India Minus Zero plans to use this capital to build extensive autonomous vehicle research and development (R&D) infrastructure And also expand the team to get its first vehicle out on the roads by late 2022 to early 2023 The Bengaluru-based startup is founded by Gagandeep Reehal and Gursimran Kalra in 2021 It uses a combination of camera-based vision and algorithms to drive its self-driving technology

Socially responsible ventures make the world a better place. Nilay Agarwal, an ontologist by profession, too had this in mind when he started his NGO ‘Vishalakshi Foundation’. Now, he runs two projects under this – ‘Project Hunger’ to feed the poor, and ‘Dream School’ to educate the deprived. What inspired Nilay to launch Vishalakshi Foundation? Channeliam delves into that story in today’s segment. Nilay always wanted to give back to society. However, it was the untimely demise of one of his friends that propelled him into action. In 2019, his friend was about to have her wedding. Unfortunately, she passed…

Meta to partner with VC firm Kalaari CapitalIt is to upskill Indian startupsThe partnership is a part of Meta’s ‘VC Brand Incubator Initiative.’A venture to support micro, small and medium businesses in IndiaKalaari Capital is an early-stage, tech-focused venture capital firmIt is based in BengaluruIn the last three years, Meta has tied up with 16 VC firmsIt has successfully mentored over 500 small businesses

The Ministry of Railways to collaborate with IIT Madras for the development of a made-in-India Hyperloop system It will also set up a Centre of Excellence for Hyperloop Technologies at the premier institute The Railway Ministry has been looking for potential partners as well as domain experts for joint collaboration In March 2022, IIT Madras approached the Railway Ministry with a proposal for collaborative work on the development of a contactless pod prototype As well as the development of a first-of-its-kind Hyperloop Test Facility at its Thaiyur’s Discovery Campus’ The proposed facility would offer the largest Hyperloop Vacuum Tube in…

The Creators Summit and Entertainment Festival will be held on May 28 as part of KSUM Kerala Innovation Week The Creators Summit will take place on the main stage at the Digital Hub from 1.30pm to 6pm 12 Speakers who have demonstrated talent in various areas of society, will be part of the creator summit. Producer Sandra Thomas, Social Activist Anna Eden, Celebrity Chef Suresh Pillai, Celebrity Couple Nihal & Priya will be part of the Creators Summit Singer Gauri Lakshmi’s musical night will be held at Digital Hub from 7 pm For more information and registration visit www.iwkerala.org

She Power 3.0 is to take place tomorrow It will discuss the changes women face post the pandemic The theme is ‘She Speaks Power’ Sujata Madhav Chandran, Jyothi Ramaswamy, Anju Bisht, Ambika Pillai, Amrita George, Payeli Ghosh, and Lakshmi Menon will take part P.Sumi, Geetha Saleesh, and Nisha Krishnan will be a part of the discussion The event will discuss women empowerment, cyber security, the importance of female leadership, and more The programme will happen on May 27 at Kalamassery Integrated Startup Complex She Power 3.0 is organised as part of KSUM’s Kerala Innovation Week To register, visit https://shepower.in

Mostly, when adversity hits, people tend to withdraw into a shell. Only a few fight the crisis and emerge as winners. Kanika Tekriwal, the brain behind the Delhi-based Jetsetgo Aviation Services Pvt Ltd, an aircraft aggregator, is one such warrior. Today, Channeliam brings to you her inspiring life story. When Kanika launched Jetsetgo in 2012 venturing into the Indian aviation industry after battling cancer, she had no single aircraft on her own. All she knew was that she wanted to build a charter aircraft business using an aggregator model like Ola and Uber. Fast forward to the current period, Jetsetgo…

FMCG major Marico has acquired a majority 54 per cent stake in the digital-first healthy breakfast and snacks brand True Elements Marico purchased the stake through primary capital infusion and secondary buy-outs in HW Wellness Solutions True Elements’ existing leadership team will continue to run the brand independently and build synergies The transaction will expand Marico’s presence in the healthy foods segment Accelerate its transformation by adding another digital-first brand with a strong portfolio

Environmental enthusiasts from across India joined seven international trainers at “TechCamp Kochi: A Wave of Change” from May 19-21 They brainstormed technology-driven solutions to address issues affecting India’s coastal areas Participants of the workshop are now eligible to pitch their ideas and compete for innovation grants linked to technology-driven ideas To shape ideas into actionable outcomes, seven trainers – from the United States, Cambodia, Kenya, and India – mentored teams through inspiration and learning sessions “TechCamp Kochi is the first-of-its-kind workshop focused on how technology can help find solutions to some of the most pressing problems facing coastal waters, inland…

The Centre for Fire, Explosive and Environment Safety ( CFEES ), has submitted its report to the Ministry of Road Transport & Highways CFEES was tasked with investigating incidents of electric scooter catching fire Ministry officials have already summoned representatives of Ola Electric, Okinawa Autotech, Pure EV, Jitendra Electric Vehicles & Boom Motors Officials have asked them to submit an explanation on the findings The Road Transport Ministry had asked DRDO’s lab, CFEES to conduct an investigation into frequent incidents of EV scooters catching fire And share findings of its report along with remedial measures The minister had also said…