Author: News Desk
https://youtu.be/9mrEwKA5K1s Cryptocurrencies should be brought under control India would be the first largest economy to regulate cryptocurrencies and levy taxes on it and sort of legitimize the entire space, according to Anirudh Damani, Managing Partner, Artha Venture. He said, there will be a lot of cryptocurrency startups now finding homes in India. “A lot more funds and investors are getting comfortable investing in the crypto space, because now the regulatory framework is going to get set. And I think I’m quite excited about that specific announcement as far as visualization is concerned. I think you’ve got a finance Minister announcing…
5G in May? The much-awaited 5G spectrum auction is expected to be held in May this year if the Telecom Regulatory Authority of India (Trai) submits by March its recommendations on the rules regarding the sale process, according to a senior official. Telecom Minister Ashwini Vaishnaw earlier this month said the Trai has informed that it will submit its recommendations for the 5G auction by March and the Department of Telecommunications (DoT) is simultaneously firming up other processes to hold the auction at the earliest. “Trai has indicated that they will send it (recommendations) by March. Thereafter, it will take…
54 apps to be banned The ministry of home affairs has recommended a ban on 54 Chinese mobile applications that pose a threat to the country’s security, according to media reports. The ministry of electronics and information technology will formally issue a notification banning the operations of these apps in India. The apps against whom the adverse security inputs were generated include Sweet Selfie HD, Beauty Camera, Music Player, Music Plus, Volume Booster, Video Players Media all formats, Viva Video Editor, Nice Video Baidu, AppLock and Astracraft, among others. This will be the second major action against Chinese apps. In…
https://youtu.be/91NqRSOElDk App store?Tesla is developing an App Store that would feature on the cars’ touchscreen control panel. Elon Musk, Tesla CEO backs Epic Games and calls Apple’s App Store, “a de facto global tax”. There were rumours when Tesla released an update. The update allowed for a customisable icon bar at the foot of the touchscreen, a report said.Investor Sawyer Merritt tweeted a video of Steve Jobs unveiling the App Store and said it is coming soon. Musk had tweeted, “Tesla is as much a software company as it is a hardware (one)”.Tesla App Store will launch before deliveries of the…
https://youtu.be/VvIRCuYkoBs EV moduleMercedes-Benz has introduced an Electric Vehicle module in its Advanced Diploma in Automotive Mechatronics course. This is part of an initiative to develop the future talent pool in India. The first EV module will be rolled out at MKSSS Women’s college in Pune. The college has been associated with the company since 2018.ADAM courseThe EV course will be integrated into the existing 12-month course. The new module leverages Mercedes-Benz’s global expertise to impart world-class training to youth in EV. The company had introduced the ADAM course in 2006 to build competencies and skills. It has been successfully operational in…
https://youtu.be/MXJxau3Agsg Finsall’s fundingFinsall, an insurance-focused fintech platform, has raised Rs 12 crore in a pre-series A-round. The funding was organised from its existing backers, comprising Unicorn India Ventures and SEA Fund. The funding meet was organised under the fund of funds scheme of the KSUM.Multi-lender platformFinsall serves as software that facilitates the easy payment of insurance premiums in instalments. It has built a multi-lender platform for banks and NBFCs to enable lending at affordable scales. The firm is incubated under Kerala Startup Mission.
Reno 7 seriesOPPO has successfully conducted a 5G standalone and non-standalone network trial in collaboration with Reliance Jio. The ultra-fast and low-latency 5G trial on Reno7 Series was successfully concluded in a demo set-up.The results showcased lag-free 4K video streams, super-fast uploads and downloads, the company said in a statement.”Technology such as 5G is altering how the world communicates today and tests like these will further consolidate our efforts in the industry and provide the best value proposition for our customers,” Tasleem Arif, Vice President, India R&D Head, OPPO India, said in a statement.The 5G connected Reno7 device was able…
https://youtu.be/i9EJ4gV0dD4 Pioneer of Venture Capitalism in IndiaVani Kola is a popular Indian Venture Capitalist and an entrepreneur. She is the founder and CEO of Kalaari Capital, a venture capital firm based in Bangalore, India. Kalaari Capital is India’s leading investor in early-stage businesses, who take care of the entrepreneurs under them throughout every aspect of growth and lead them to success.Vani- The mother of Venture CapitalismVani Kola, also known as the mother of venture capitalism in India, is widely appreciated for guiding budding entrepreneurs and her focus is mainly on technology companies in India. Vani raised approximately $650 million and holds…
https://youtu.be/imaNS18fxVQ Plant-based meat brandBlue Tribe is a homegrown plant-based meat brand. Its products are made with pea, soyabean, lentils, grains, and other protein-dense ingredients. The firm sells plant-based chicken momos, nuggets, and sausages, among other products. It has onboarded Anushka Sharma and Virat Kohli as investors and brand ambassadors. Celebrity investorsThe brand has rolled out a video featuring the new brand ambassadors talking about their association. “Our products will taste, look, feel and cook exactly like meat,” Sandeep Singh, co-founder, Blue Tribe, said.“We hope that more people would like to help the planet and the life on it,” Anushka Sharma said.
https://youtu.be/cbn6OsiDXng India has the third largest number of unicorns in the worldIndia is third behind, the US and ChinaIt is estimated that there are currently 86 unicorns in IndiaDPIIT has approved more than 61,400 startups in the countryThe number of new approved startups will reach 14,000 by 2021-22In 2016 it was 733. Before 2014, there were only 500 startups in the countryDelhi has become the startup capital of India beating BengaluruIn 2021, at least one new startup was started in 555 districtsIn 2016-17, at least one new startup was founded only in 121 districts