Author: News Desk
India can help Africa develop a startup ecosystem, Said Piyush Goyal, the Union Minister for Commerce and Industry. “We want Africa to grow and prosper,” he added. India’s digital innovations like UPI and ONDC can be useful. It will help Africa experience the digital revolution India can offer new technologies to expand trade and investment. India has one of the world’s largest startup ecosystems. The nation has 105 unicorns and 70,000 registered startups.
FMCG major Emami entered into the pet care industry by acquiring a 30 percent stake in Cannis Lupus Services India,owner of Fur Ball Story.Fur Ball Story’ offers unique ayurvedic products for the well-being of pets and meets the emerging consumer needs and aspirations.
India blocked 94 YouTube channels, 19 social media accounts, and 747 URLs in FY21. They have been blocked for spreading fake news. The government has acted against agencies spreading propaganda. A cell to check COVID-19-related fake news was created on Mar 31, 2020. This was part of the fact-checking unit of the Press Information Bureau (PIB). The unit responded to 34,125 actionable queries. The PIB also busted fake news and 875 social media posts.
Early learning ed-tech platform Creative Galileo raised $7.5 million in Series A funding.The funding was led by Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund and angel investors.The ed-tech start-up has so far raised $10 million.The company will use the funds to scale up and accelerate hiring across the teams in multiple geographies.
The Indian government issues Work From Home (WFH) rules. Notified a new rule 43A in Special Economic Zones Rules, 2006. WFH is allowed for a maximum period of one year. It is applicable to employees in special economic zones Employees of IT/ITeS SEZ units are eligible for this. Those who are travelling, working off-site, or temporarily incapacitated too are eligible 50 per cent of total employees may use this. Those who are already working from home too can attempt. They have to seek approval within a transition period of 90 days.
Over 13 lakh electric vehicles are registered in India Informed Union Minister Nitin Gadkari at the Rajya Sabha. The number excludes Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep 68 cities have got 2,877 public EV charging stations. 1,576 EV charging stations were installed across nine expressways and 16 highways. This was under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) Phase-II scheme.
Digitisation or e-office has been implemented. Several departments provide facility to citizens to submit their applications and grievances at portal. As a part of digital secretariat, e-office has been implemented in all ministries/ departments in Government of India, said Union Minister of State for Personnel Jitendra Singh. Central registry units in the ministries have also been digitised, He added. The MPLADS website has features to facilitate the parliamentarians to make online recommendations of work and track progress.
Timex introduces ‘Waterbury Ocean Collection’. It is an upcycled watch made with ocean-bound plastic. It is an attempt to tackle pollution in the ocean ecosystem. The collection is made in collaboration with #tide. #tide is an award-winning organisation that works to save the ocean from plastic. Plastic is collected by fishermen from the coastline. It is sorted, cleaned, shredded, and recrafted in a Swiss facility. The whole process is done using carbon-neutral transport and solar power .The bracelet, case, and dial of the collection are made using ocean material. The collection comes in Gray/Gunmetal, Navy, Gray/Rose Gold, Blue, and Pink…
Modsy has abruptly ceased offering design services, laid off its designers and left its customers in disarray.Several customers have been left with unfinished renovations and project orders in process.
Healthtech platform Eka Care raises $15 million in Series A, led by Hummingbird Ventures, with participation from 3one4 Capital, Mirae Assets, Verlinvest, Aditya Birla Ventures, Binny Bansal, Rohit MA, and other investors. It plans to use the capital for product development, hiring, educating consumers on the benefits of maintaining a health profile, and helping doctors move to digital practice.