Author: News Desk

 Valuation at $200 million Loco has raised $42 million led by South Korea’s early-stage enterprise fund, Hashed, as a gaming frenzy takes maintain in the nation of practically 1.4 billion folks.New traders together with Makers Fund, outsourcing billionaire Narayana Murthy’s Catamaran Ventures, and Korea Investment Partners participated in the Series A spherical, together with present traders resembling Krafton Inc., Lumikai Ltd. and Hiro Capital, the live-streamed video games firm stated in an announcement on Thursday. The capital infusion will take the two-year-old startup’s valuation to about $200 million, stated two folks accustomed to the deal who didn’t wish to be named. A…

https://youtu.be/HoMKf2t4Z8o A 17-year-old man who came to Mumbai from Chennai in the 1990s for just Rs 200 later became a millionaire. The life of Prem Ganapathy is similar to that of a movie. Prem Ganapathy is the doshawala of Mumbaikars. He is the owner of Dosa Plaza. It was his hard work, dedication to work and determination that made him a millionaire. Let us hear his story. A passionate Prem GanapathyPrem Ganapathy was born in Nagalapuram in Thoothukudi district of Tamil Nadu. After completing 10th class, he could not find a way to continue his studies and moved to Chennai to support…

https://youtu.be/k9deLfr4MpE Namita Thapar, executive director of Emcure pharmaceuticals Ltd is a popular business woman in India. The entrepreneur has invested in Rs 10 crore in some startups. First company among these is Bummer, which offers underwear for men and women. Thapar invested Rs 37.5 lakh for 3.75% equity.The second company is Skippi Pops, which claims to offer 100% natural ice pops. Thapar has invested Rs 20 lakh for 3% equity. Menstrupedia creates comics to spread awareness about menstrual health. Thapar invested Rs 50 lakh for 20% equity in this firm. A smart helmet, Altor offers protection and features like Google Assistant, Bluetooth connectivity, and audio…

Much awaited IPO Markets regulator Sebi has given approval to mega IPO proposal of Life Insurance Corporation (LIC) to help the government mobilise about Rs 63,000 crore to meet the disinvestment target for the current fiscal year, according to a PTI report. Sebi has given its nod to draft red herring prospectus (DRHP) filed by LIC on February 13, 2022. The go-ahead from the Securities and Exchange Board of India (Sebi) has come in less than a month, fastest ever to any company. Going by the DRHP, the initial public offering (IPO) would see sale of 31.6 crore shares or…

https://youtu.be/xrwsw_loZ1Q New variety of phonesApple Inc has announced a new low-cost version of its iPhone SE with 5G capabilities. The iPhone maker has also launched a new version of the iPad Air and a high-end Mac Mini. The new iPhone SE will be priced at Rs43,900. It is expected  to be available from March 18.The new phone would be the first update to the iPhone SE model in two years. It is rumoured to come with an improved camera and a faster processor. The United States, Japan and Western Europe have been the top markets for iPhone SE sales in recent…

https://youtu.be/qlQrNWRzLOI Artificial intelligence enabled ddigital economyTech major Microsoft is planning to set up its fourth data center region in Hyderabad, Telangana. The firm explained that this investment is aligned with Microsoft’s commitment to help customers thrive in a cloud and AI-enabled digital economy . The data center will offer the entire Microsoft portfolio across the cloud, data solutions, artificial intelligence (AI), productivity toolsEmpower people & organisationsIt will also provide customer relationship management (CRM) with advanced data security, for enterprises, start-ups, developers, education, and government institutions. “The new datacenter region is a testament to our mission to empower the people and organizations…

https://youtu.be/CRDUk5SrE_8 Women & Money Power 2022 report 33% women in India do not invest at all and the number is as high as 40% in the 21-25 years age group, a new study survey suggests. Overall 55% women in the country are either not investing or are unaware of their investments. The survey Women & Money Power 2022 report was carried out among 4,000 women across different age groups.Interesting findingsIt reveals where women stand on money matters and provides an overview of their financial awareness. And, attitude towards saving and investing, key barriers and drivers for making money decisions and involvement…

For more than a year, Amazon.com Inc and India’s Future Group have been locked in a complex legal stand-off that has stalled Future’s $3.4 billion sale of assets to rival Reliance Industries, the country’s biggest conglomerate. After trading barbs in courtrooms for months, Amazon and Future unexpectedly agreed on March 3 to hold discussions to resolve their dispute. Here’s what the dispute detailed by Reuters news agency. The dispute is seen as key to deciding who gets an upper hand in one of the world’s fastest-growing retail markets, is all about and what led to the sudden change in tone.…

According to the  statistics received by the crypto exchange CoinDCX, women comprised only 15 per cent of their total user base in the year 2021. It is noteworthy to mention that according to a recent study by Chainanalysis, India stands second out of 154 countries in terms of crypto adoption, but the Male to Female ratio of crypto investors and traders is extremely skewered. On CoinDCX, this ratio is 17:3 which is far from ideal, according to a media report. The study says that most women active on the exchange are a part of the 18-34 age group. The data curated…

 No need of smartphones The Reserve Bank of India (RBI) has rolled out Unified Payments Interface (UPI) for feature phones. Following his announcement in December 2021, the RBI governor has now delivered the promise of bringing the simplified digital payment service to non-smart mobile phones in India, The Business Insider reported. The UPI payment system was limited to smartphones with internet connectivity till now. While UPI turned out to be a hit for fuelling digital payments in the country, its accessibility to the masses with feature phones was awaited for a long time, the report said. “While we have been growing impressively in digital payments, a…