Author: News Desk

 Immersive training simulationsIBM has announced a new cybersecurity hub that will train companies in the Asia Pacific (APAC) region to manage the growing threat of cyberattacks. Located in Bengaluru, the new IBM Security Command Centre is highly realistic, and offers immersive training simulations. It will leverage industry-leading audio and visual effects as well as live malware, ransomware and other real-world hacker tools.IBM designed the simulations after emergency and disaster response training models, in consultation with dozens of experts from different industries including emergency medical responders, active duty military officers and its incident response experts. It can deliver customized experiences and…

https://youtu.be/Kd9rDTVEUOs Amina’s courage and passion for travelA girl from an ordinary Muslim family in Tirur of Malappuram district. She failed in her 10th Class. She only knows Malayalam. Her passion is to travel. Her destined countries are Malaysia, Singapore, Dubai, Thailand. The list goes on. This is not an exaggerated story, this is Amina’s life. Amina’s life is also the story of the My TravelMate project.Despite the limitations, Amina was able to succeed for only one reason. In Amina’s words, it’s only courage. Education is not the measure there, the only qualification is the courage to live, move forward and find…

https://youtu.be/2JCt2qQNCHA Employability focused training Invact Metaversity has raised a seed round of $5 million. It is a platform built at the intersection of education and Web3, an idea for a new iteration of the World Wide Web based on blockchain technology. It is founded by former Head of Twitter India Manish Maheshwari and Tanay Pratap, a former software engineer at Microsoft. The company provides employability-focused training for securing jobs in tech companies. The university is being built in the metaverse in order to foster an immersive environment conducive to learning. 70 angel investors Antler India, global institutional investors Arkam Ventures,…

Jakarta-based Lummo Amazon founder Jeff Bezos has invested in Lummo, a direct-to-consumer (D2C) Software-as-a-Service (SaaS) startup, through his venture capital firm Bezos Expedition. Bezos took part in Lummo’s Series C round of funding. Lummo closed the round in January, raising a total of $80 million from new investors Tiger Global Management and existing backer Sequoia Capital India. Earlier, Lummo was known as BukuKas and it is based in Jakarta and Bengaluru. The fresh capital will help the firm to strengthen its talent base in India. In India, the firm plans to more than triple its technology and product workforce. It…

Startups on application side The number of start-ups in the country is increasing significantly, with 10 percent being added every year, an official said. Nasscom Centre of Excellence for internet of things (IoT) and artificial intelligence (AI) CEO Sanjeev Malhotra said most start-ups are on the application side. At the same time, a lot of work has also been done in software-aided services. “The number of start-ups is growing significantly in the country with 10 percent being added every year. There has been significant growth in the number of companies and funding organisations which are attributing to this cause,” he…

https://youtu.be/dc738AqOcLY First Fintech Accelerator and Finishing SchoolKerala has set a goal of having over 15,000 startups and 2,00,000 jobs in new technologies in five years. CM Pinarayi Vijayan said this while addressing the third edition of the Kerala Startup Mission’s ‘Huddle Global 2022’. The two-day big-ticket summit saw the participation of global leaders from the startup ecosystemThey worked towards improving networking and forging alliances. The chief minister also opened the first Fintech Accelerator and Finishing School in the state. Our startups have raised Rs 3,200 crore as equity investments since 2015,” he said.New campusHe said the govt is planning a new…

Commercialisation of Hydrogen fuel cells Adani Group has signed a non-binding Memorandum of Understanding (MoU) with Ballard Power Systems. This pact will explore the possibility of the commercialisation of hydrogen fuel cells in various mobility and industrial applications in India. A statement from the Adani group said, under the MoU, both the parties will examine various options to cooperate, including potential collaboration for fuel cell manufacturing in India. Hydrogen is important for the decarbonization of energy, industry, and mobility. Gautam Adani led Adani group aims to be one of the largest green hydrogen producers in the world through accelerated investment…

https://youtu.be/X-5i8qlUl0I Hiring freshersApple, Microsoft and Google are hiring freshers for full-time roles in India. Vacancies are in engineering and information technology-related roles. It is open for freshers with relevant skills.Some of the roles offered by Apple include Specialist, Technical specialist, Genius etc. Google is hirng for IT support engineer. Microsoft to hire for Software engineer. The candidate should understand customer requirements and assist with project planning, scoping, prioritisation.

https://youtu.be/7uzcbhdsRrE New dealA new Indian Institute of Technology (IIT) will be set up in UAE under the India-UAE trade deal. The deal was signed on February 18. This will be the first time an IIT will be established outside India. Presently, there are 23 IITs in India which are all located within the Indian territory. A Comprehensive Economic Partnership Agreement (CEPA) was signed by India and UAE.The objective is to increase trade between both countries to 100 billion dollars over five years. The IITs are governed by the Institutes of Technology Act, 1961.

Middle east business to Wego Walmart’s Flipkart is set to sell Cleartrip’s Middle East business to Tiger Global-backed Wego, according to multiple media reports. Weigo is an online travel marketplace that operates in the Middle East and North Africa. The deal includes the sale of Flyin, a Saudi Arabia-based online travel aggregator that Cleartrip bought in 2018, including a technology co-operation agreement between Wego and Flipkart. This means India is the only market where Cleartrip will only operate in. Deal to be closed this year The boards of directors of Wego and Flipkart have approved the transaction, which is expected…