Author: News Desk
According to a research by PwC India, startup funding fell to a two-year low of $2.7 billion across 205 deals in the July-September quarter. In addition, only two Indian firms achieved unicorn status in the same quarter. This is consistent with a global trend that witnessed a decrease in the quantity of new unicorns in the previous quarter. According to the research, 38 merger and acquisition (M&A) agreements involving startups were completed in the 2022 third quarter. There were 30 domestic deals, five inbound deals, and three export deals. With nine and seven agreements, respectively, SaaS and edtech had the…
Mani Ratnam’s magnum opus Ponniyin Selvan is a box office hit. Actor Trisha plays the role of the Chola princess Kundavai in the film. Recently, Trisha appeared for the film’s promotion in an ethnic saree. Trisha looked stunning in designer Sawan Gandhi’s black and purple chiffon saree. The saree featured black and silver zari details at the borders. The saree has been coupled with a heavily embellished sleeveless black and silver blouse. Fashion stylist Eka Lakhani styled Trisha Trisha sported minimal makeup to complement her ethnic look. She completed the look with golden ear studs and a golden bracelet.
Bitcoin billionaire investor Tim Draper supports Bengaluru-based startup Up. The startup was formerly known as React Labs. The smart home appliances maker raised $800,000 in a pre-seed round led by Draper Associates. The round also saw participation from other prominent angel investors. Tim Draper is known for his early bets in popular companies. They include Tesla, SpaceX, Coinbase, Robinhood, Hotmail, and Skype. Up was founded by IIT Bombay grads Mahek Mody and Mohit Sharma.
According to a report by the People’s Commission on Employment and Unemployment, the government must pass “Right to Work” legislation and spend at least 5% of the GDP, or Rs 13.52 lakh crore, annually to guarantee full employment in the nation. The paper “Right to Work: Feasible and Indispensable for India to be a really Civilized and Democratic Nation” was published by the People’s Commission on Employment and Unemployment, which was founded by Desh Bachao Abhiyan. According to the paper, full employment cannot be attained by a piecemeal strategy because it calls for significant adjustments to the legal, sociopolitical, and…
Biocon founder Kiran Majumdar-Shaw says gender should never be a barrier to aspirations and dreams. Kiran Majumdar-Shaw said that educated children make a nation great. She advised the students not to blindly learn what is being taught, but to use education wisely. The country is facing many challenges and everyone needs to be educated to properly utilize the opportunities to find solutions to them. Kiran Majumdar-Shaw suggested that fame and fortune should not be the only goal in life. She added that young people who see becoming super rich and making quick money as the ultimate goal will be disillusioned…
SAP Labs to enhance technology development in India. It is working to connect German and Indian institutes to strengthen academia. SAP Labs is the research arm of the German technology company SAP SE. The company has created a curriculum at IIM-Bangalore. It will focus on building AI managers of the future. The company would also focus on metaverse and quantum. SAP Labs has about 14,000 employees in India. Its SAP Startup Studio has incubated 51 early-stage startups so far.
Now, to view sensitive tweets on Twitter, you should prove that you are above the age of 18. The social media platform said that it is launching a new feature that filters ‘sensitive content’ for those who are below the age of 18. If you want to see them, you will have to add your date of birth. What is the definition of sensitive content on Twitter? According to reports, the sensitive content policy of Twitter includes adult content, graphic violence, gore, and hateful imagery. Those who tweet such content should mark it as ‘sensitive’. Changes must be made in…
Fitness startup FitBudd revealed that Accel India, Beenext, Sequoia Capital India, and Waveform Ventures had invested $3.4 million in it as seed money. In 2021, a SaaS platform that enables health and fitness trainers to expand their operations globally was introduced. It intends to aid coaches in improving client engagement and retention on a large scale. Within a year of its introduction, it claims to have increased its user base to 20 different nations. Three IIT grads who observed this during the pandemic were Saumya Mittal, Pranav Chaturvedi, and Naman Singhal. They concluded that hiring personal trainers can improve people’s…
According to The Verge, former President Donald Trump’s social media app Truth Social is now downloadable from the Google Play Store. According to the source, Truth Social, which Google blocked due to “insufficient” content filtering measures, promotes itself as a platform that “encourages an open, free, and honest worldwide discourse.” It provides a social networking experience similar to Twitter. Trump’s social networking app debuted on the Apple App Store in February before making an attempt to do the same on the Google Play Store.Truth Social has agreed to implement the moderation controls Google demands for user-generated content. Previously, Google had…
Samsung uses repurposed fishing nets in foldable Galaxy devices. The blue part in Galaxy Z Flip 4 is made of upcycled fishing nets. The blue part, the side key bracket, keeps the phone waterproof and dustproof. It plays a role in improving the durability of the phone. About 640,000 tonnes of fishing nets end up in the ocean every year. It is a big threat to the marine ecosystem. Fishing nets are made of nylon materials. Nylon materials can absorb moisture and water. Samsung aims to prevent over 50 tonnes of discarded fishing nets by the end of 2022.