Author: News Desk

https://youtu.be/w4MDdfOmjYE Donations in cryptoUkraine anticipates doubling the $50 mn of crypto donations it received so far in the next two or three days. Ukraine has already spent $15 million of the donations on military supplies, a senior minister said. Most of the donations have been in Bitcoin and Ether.The 250-person ministry has managed to find suppliers in Europe and the U.S. The supplies include everything from the vests to food packages, bandages, and night-vision devices for the army. About 40% of the suppliers are willing to take crypto. The rest are typically paid with crypto converted into euros and dollars.

https://youtu.be/pexoycuavrw New E-bikesIgnitron Motocorp, a homegrown EV startup, has unveiled the price for its range of Cyborg EV motorbikes – Yoda, GT 120 and Bob-e. The bikes will be available at a price of Rs 1,84,999, Rs 1,64,999 and Ra1,14,999 respectively. The additional subsidies across various states will make the range of motorbikes even more affordable for customers to purchase.The company will also announce the booking date for the motorcycles soon. Interested buyers will be able book Cyborg electric motorbike through the company website. The CYBORG Bob-e is India’s first compact sporty AI-enabled electric dirt bike mimic, with a speed of…

How it started Blockchain technology got importance after the concept of Bitcoin was introduced in 2008. It was created by Satoshi Nakamoto. It is however, a pseudonym given to the mysterious creator(s) of the world’s largest cryptocurrency. In October 2008, Nakamoto came up with the idea for Bitcoin as a digital currency. that would not require any central intermediatory to facilitate transactions in the official Bitcoin whitepaper. Nakamoto touted the bitcoin blockchain as a peer-to-peer network. It could leverage the mathematical discipline of cryptography to obfuscate transactions. Big future ahead Bitcoin’s open-source software started operating in 2009. This meant that…

5G is futureAccording to GfK, the growth in the Indian smartphone market in 2022 is expected to be driven by a shift to higher price bands and premiumisation with 5G playing a key role.The contribution of 5G handsets stood at 12 per cent by volume in 2021. 5G handsets volume contribution is expected to cross 40 per cent in 2022, the Business Line reported. “Even though the Indian smartphone market ended 2021 with an overall growth in revenue, it needs to be emphasized that growth in second half of the year was significantly lower than the first half and the mode of consumer…

https://youtu.be/sfZ6YGpcOrQStory of Rubens AccessoriesWe have heard many exciting stories of entrepreneurship. What about a person who ran away from home to return as an entrepreneur? This may sound like a movie story, but, this is the life of Chinu Kala, the founder of Rubens Accessories. Chinu was 15 years old when she ran away from home in Mumbai due to differences in the family. She did not have a degree or a certificate. She had a few clothes and 300 rupees with her. After spending a night at the railway station, Chinu found a job as a salesgirl selling coasters and…

https://youtu.be/jYLWSQMrXlc Supply chain to be affectedThe Russia-Ukraine war will adversely affect the global supply chains. The weight of the economic impact will hinge on the duration of the conflict. The military conflict will only exacerbate the situation for companies in many industries, says Moody’s Analytics. Inventory and reserves can help mitigate short-term supply-chain disruptions, but shortages will be inevitable if the war persists. The most salient adverse impact will be felt in European countries that are recipients of Russian oil and natural gasUncertainty over the conflict will lead to higher oil and natural gas prices worldwide. Automakers, electronic device manufacturers, phone makers,…

https://youtu.be/agHjgR0SZ7A A collective effortOn March 8, the whole world is celebrating the International Women’s Day. This will mark the social, economic, cultural, and political achievements of women. Women’s equality is also an important slogan which has gained relevance and this day also marks a call to action for this.For over a century, International Women’s Day has been celebrated. The first gathering happened in 1911 and was supported by over a million people. In the current scenario,  International Women’s Day belongs to all groups collectively everywhere.Various themes are introduced every year during Women’s day celebrations. This year, the campaign theme for International…

 New unicorn  After raising $137 million, debt marketplace CredAvenue Pvt. became India’s latest unicorn. The funding was led by New York-based global private equity and venture capital firm Insight Partners, B Capital Group, and Dragoneer, with participation from existing investors. CredAvenue had closed its Series A funding round of $90 million led by Sequoia Capital India and co-led by Lightspeed, TVS Capital Funds and Lightrock in last September. That equity funding had valued the company at approximately $410 million, according to multiple media reports. According to Gaurav Kumar, Founder and CEO of CredAvenue, said: “We have a once-in-a-lifetime opportunity to transform the global…

https://youtu.be/oXyA7k3xI3w Mission electric vehiclesSony and Honda have announced an alliance to form a New Company that aims to create the next era of mobility and mobility services. The sales of the first EV model are expected to start in 2025. The two companies plan to engage in the joint development and sales of high value-added battery of EVs and commercialise them in conjunction with providing mobility services.The New Company is expected to plan, design, develop, and sell the EVs, but not own and operate manufacturing facilities. Honda is expected to be responsible for manufacturing the first EV model at its vehicle…

https://youtu.be/6SVlHedViZQ IPO by next yearMeesho is aiming to go public in early 2023, a media report said. The Bengaluru-based social commerce platform is working to be ready for a listing by the end of 2022. Meesho will file documents by Jan next year and be done with the IPO by the first half of 2023, a media report said.Wide collection of productsIn September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round. Resellers on the company’s platform offer a variety of unbranded products. Users can resell products from the supplier marketplace for a profit…