Top Trending Technology News & Highlights
Microsoft Unveils Copilot for Finance, an AI Solution to Simplify Tasks Associated with Enterprise Finance
Microsoft on Thursday unveiled Copilot for Finance, a new artificial intelligence (AI) tool designed to make everyday mundane tasks easier for financial professionals. The Copilot tool adds new features tailored to financial operations to the already-existing Copilot for Microsoft 365 stack, rather than creating a brand-new AI model. This AI tool, which focuses on enterprises, is currently in public preview. Notably, a recent update from the tech giant revealed additional features and significant enhancements for Windows 11.Microsoft presented its new AI tool in a blog post, pitching it as a means of allowing finance departments within businesses to focus on strategic tasks rather than tedious analysis and report writing. The business also cited a statistic from CFO magazine, stating that the "drudgery of data entry and review cycles" was cited by 62% of finance professionals polled as a reason they could not find time for strategic tasks. The tech giant claims that Copilot for Finance automates a number of financial tasks that would otherwise require users to put in long hours. It can accomplish a wide range of tasks, including using natural language prompts to conduct a variance analysis in Excel, reconciling data in Excel with automated data structure comparisons, giving a comprehensive summary of pertinent customer account details, transforming raw data into visuals and reports, and much more.
Published 04 Mar 2024 05:41 PM
This AI Worm Can Steal Data And Violate ChatGPT And Geminis Security
According to a report in Wired, researchers are now creating AI worms that can steal your private information and circumvent the security measures of generative AI systems like OpenAI's ChatGPT and Google's Gemini. The first generative AI worm, known as "Morris II," was developed by researchers at Cornell University, Technion-Israel Institute of Technology, and Intuit. It has the ability to spread malware and steal data from one system to another. It was given this name in honor of the very first worm, which was released online in 1988. "It basically means that now you have the ability to conduct or to perform a new kind of cyberattack that hasn't been seen before," explained researcher Ben Nassi of Cornell Tech. According to the outlet, the AI worm can get past some security measures in ChatGPT and Gemini by targeting a generative AI email assistant with the intention of sending spam and stealing email addresses. To create the generative AI worm, the researchers employed a "adversarial self-replicating prompt". They claim that in response to this prompt, the generative AI model generates an alternative prompt. In order to put it into practice, the researchers integrated ChatGPT, Gemini, and open-source LLM into an email system that could send and receive messages using generative AI. They also found two ways to use the system: one was to embed the question within an image file, and the other was to use a text-based, self-replicating prompt. In one instance, the researchers pretended to be attackers and sent an adversarial text prompt along with an email. By using retrieval-augmented generation, this "poisons" the email assistant's database and gives LLMs access to additional data from sources outside of their own. Retrieval-augmented generation, according to Mr. Nassi, "jailbreaks the GenAI service" when it retrieves an email in response to a user query and forwards it to Gemini Pro or GPT-4 for generation of a response. Eventually, this leads to data theft from the emails."The generated response containing the sensitive user data later infects new hosts when it is used to reply to an email sent to a new client and then stored in the database of the new client," he stated.
Published 04 Mar 2024 04:27 PM
Connecting Local Environmental Factors With UFO Sightings?
UFOs, or unexplained aerial phenomena, have long been observed in the sky. Although preliminary research produced no solid proof, a recent study proposes a connection between sighting sites and their environs. After looking over two decades' worth of UAP reports, researchers discovered that locations with clear skies, low light pollution, and unhindered views had a higher frequency. There could be a number of reasons for this correlation, including better visibility that makes it possible to see more unusual objects. The study emphasizes how crucial environmental variables are to the analysis of UAP sightings.Investigating UFO sightings, researchers at the University of Utah sought to determine if there was a relationship between the location of sightings and the surrounding environment. They examined close to 100,000 National UFO Research Center reports over a 20-year period (2001-2020). For every county in the continental United States, they took into account two factors: the likelihood that something might be up there (airports, military bases) and how clear the sky is (light pollution, clouds, trees). Due to the wide open spaces and darkness in the western US, the results indicated a higher number of sightings. It's interesting to note that locations with heavy air traffic or a military presence were frequently hotspots for reports. This implies that individuals may be perceiving real objects but are merely unable to identify them. Lead author of the study and University of Utah associate professor of geography Richard Medina explained, "The idea is that if you have a chance to see something, then it's more likely that you're going to see unexplained phenomena in the sky." "With more technology than ever in the sky, one must wonder: What are people really seeing? Answering this question is difficult, but it's crucial since any ambiguity could pose a risk to national security."
Published 02 Mar 2024 06:29 PM
Following the intervention of the center, Google agrees to restore Indian apps.
A dispute over service fees led to the removal of Indian mobile apps from the Play Store, but Google has started the process of restoring them. According to sources, the decision was made following a meeting between IT Minister Ashwini Vaishnaw and company representatives. Ten Indian companies' apps were removed by Google on Friday, causing controversy in one of its fastest-growing markets. With 94% of phones running on its Android platform, Google commands a large portion of the Indian market. Popular names like Naukri and Bharatmatrimony were on the list.The main point of contention is Google's in-app purchase fees, which range from 11% to 26%. Indian startups have long opposed the US tech giant's actions, believing them to be unfair.The creator of Bharat Matrimony, Christian Matrimony, Muslim Matrimony, and Jodii, Matrimony.com, expressed shock at the matchmaking apps' removal from the Google Play Store. Murugavel Janakiraman, the founder, described it as a "dark day" for India's internet, highlighting the possible broad effects on matchmaking services."One by one, our apps are being removed. It literally means that all of the best matrimonial services will be eliminated," Mr. Janakiraman stated, according to Reuters. We possess an enormous and dynamic startup ecosystem. To ensure that this ecosystem is preserved, we must take all necessary measures. Google has embraced Indian technologies quite well. Before meeting with Google representatives, the minister told NDTV, "I am quite hopeful that Google will be reasonable with its approach." Due to some policy infractions, Google temporarily removed the well-known Indian payments app Paytm from the Play Store in 2020. Following the change, the founder of the business and the larger startup community banded together to take legal action against Google and launch their own app stores.
Published 02 Mar 2024 06:10 PM
Technology
21st century is dedicated to the Technology and technology is dominating everywhere and every part of the world and almost all the industries are now a days is technology dependent or they need technology help to drive more scale and deliveries.
Network18 and ZEEL reveal the new RIO; modify channel prices and remove bouquets
A new Reference Interconnect Offer (RIO), which will go into effect on February 1, 2024, has been issued by Zee Entertainment Enterprises (ZEEL) Ltd. and IndiaCast, the distribution division of Network18.IndiaCast has introduced new bouquets and discontinued some of its older ones in the new RIO. Additionally, it has changed how much some channels cost. More than 25 bouquets, including Colors Wala Hindi Budget and Colors Wala Hindi Budget Plus, have been canceled by the distributor.(whose cost was Rs 25) and Colors Wala Hindi Value (whose cost was Rs 28). Colors Wala Hindi Value (Rs 34), Colors Wala Hindi Value Plus Sports (Rs 45), and Colors Wala Marathi Value (Rs 40) are among the new products that the distribution arm is selling.Some channels on Network18 have seen price increases, such as Colors Marathi, which was formerly only Rs 10 and is now Rs 15. In a similar vein, Colors Cineplex, which was formerly priced at Rs 3, is now Rs 19.
Ranbir and Konkana return in the most recent OPPO advertisement as
In order to promote the Oppo Reno smartphone series, smartphone manufacturer OPPO just revealed their newest ad. It stars Ranbir Kapoor and Konkana Sen Sharma as two of their most beloved characters, Sid and Aisha, from the movie "Wake Up Sid."The characters' afterlife is captured in the video commercial campaign. Ranbir, who portrayed the aspiring photographer Sid, is shown using the just released OPPO phone to record a significant occasion."Simply capturing life with a special friend, just like Sid!" is the film's tagline and main idea.Famous Innovations is the person who conceptualized the movie. "Reno 11 Series is positioned as a Portrait Expert with this campaign; the phone boasts a superior camera, and who better to bring that alive than everyone's favorite photographer character, Sid from Wake Up Sid?" an agency spokesman remarked in reference to the same. We made an effort to depict the characters' life changes and provide a window into a unique time spent with Ayesha, Laxmi, and Rishi. People would feel nostalgic after watching this movie and be curious to learn more."
Why 2024 will be a year of entertainment media mergers
An existential crisis is plaguing India's entertainment industry as a result of changes in customer behavior. Globally, traditional media companies are likewise having difficulty and are looking to consolidate in order to maintain their heritage operations and reduce losses from their digital endeavors. The OTT market is having difficulties as audience growth slows and content costs rise. Indian broadcasting companies are experimenting with hybrid OTT revenue models, but they are up against e-commerce sites and software titans for digital ad dollars. The industry is at a loss as to how to proceed, whether it be through mergers or modifications to business structures.Will the business of linear television face an acceleration of collapse by 2024? Will broadcasting businesses be merging this year? Will internet behemoths in the technology sector steal viewers and money from over-the-top (OTT) video streaming services, or will they be able to survive? India's sizable entertainment corporations are facing challenges from digitally-powered businesses and changing consumer behavior, leading them to ask some unsettling questions.
CCDT and MnM Talkies Work Together for Human Rights #KripyaDhyanDein
Leading content provider MnM Talkies, which specializes in audio stories and podcasts, has partnered with Committed regions Development Trust (CCDT), a nonprofit committed to helping impoverished children in underserved regions. Together, they hope to produce an engaging audio project that uses sound's immersive quality to highlight human rights abuses, especially those that impact women and children. By collaborating with CCDT, an organization dedicated to advancing fairness and defending the rights of underprivileged children and families, MnM Talkies raises awareness of the voices of people whose tales are frequently ignored. nearly the course of the last 30 years, CCDT's commitment to the Sustainable Development Goals established by the United Nations has had a significant influence on the lives of nearly 2 million children and families in distress throughout Maharashtra by propelling rights- and needs-based initiatives.Under the moniker "Kripya Dhyaan Dein" (Please Pay Attention), the cooperation has produced a number of audio wonders that aim to awaken the public and inspire them to pay attentive attention to the stories of persons around them. MnM Talkies and CCDT have skillfully communicated the urgency of human rights awareness, demonstrating sympathy with those impacted by abuses through fictional storylines grounded in real-life experiences. These powerful tales, which can be found on social media and different audio platforms, operate as a call to action for people to change the world and speak up in favor of human rights. This endeavor serves as a light of hope in the face of global human rights crises, inspiring listeners to deeply engage with these issues. The world needs transformative actions. In the spirit
MC Stan and MS Dhoni collaborate on Fire-Boltt
Leading Indian smart wearable manufacturer Fire-Boltt releases the #GaleTohMil advertisement, which stars the most unexpected pair—cricket great MS Dhoni and well-known Indian rapper MC Stan. This engaging movie seeks to showcase the exceptional qualities of Fire-Boltt's most recent invention, the ground-breaking Wristphone, which flawlessly blends the endless possibilities of a smartphone with the practicality of a smartwatch. With #GaleTohMil, Fire-Boltt showcases how technology is seamlessly incorporated into daily life while offering a new take on the marriage of sports and music.The video, which was conceptualized and filmed by the innovative powerhouse Moonshot, enthralls viewers with its distinctive fusion of humor, technology, and star power. The narrative takes place at a party, where MS Dhoni is approached by MC Stan and has an embarrassing encounter. As Dhoni struggles to remember Stan's name and songs, tension grows and the scenario takes an unexpected turn. The situation is amusing yet relatable.The story revolves around the Fire-Boltt Wristphone, which plays a pivotal role in saving Dhoni's life by giving him the knowledge he finds difficult to recall. The movie does a good job of conveying how useful the wristwatch is and why it is deserving of the hashtag #TheSmartestSmartwatch. "We are proud to introduce our first-ever Wristphone through this entertaining and engaging ad film featuring two iconic personalities, MS Dhoni and MC Stan," stated Arnav Kishore, CEO and Founder of Fire-Boltt. This wearable technology product is revolutionary, and we think the movie will do a great job of conveying to our viewers what makes it special. To guarantee broad visibility, the advertisement film will be heavily promoted on OTT channels and social media sites. Fire-Boltt wants to engage audiences from a varie
Here I am climbing: The films produced by Pramerica Life Insurance honor resiliency in many facets of life.
The debut of Pramerica Life Insurance's "This is My Climb" marketing campaign has been revealed. This campaign, which consists of two short videos, seeks to honor the many narratives of perseverance, goals, and purpose that characterize each of our unique experiences. Beyond the conventional marketing strategy, the campaign taps into the emotional center of the human experience, connecting with people at all stages of life. "Like any ascent, life's journey demands unwavering determination and unique challenges," stated Pankaj Gupta, MD, CEO of Pramerica Life Insurance. "We highlight the various aspects of purpose, commitment, and responsibility that each person exemplifies through the 'This is My Climb' campaign. Our goal is to become our clients' dependable bedrock—a partner as strong as a rock. We are dedicated to providing all of our stakeholders with a solid partner for every climb, no matter how big or small."Two powerful short films are used to tell the story of the campaign. The first movie depicts a father's journey and goals in a way that is relevant. We witness his dedication, as he lays aside his own goals and aspirations to support his child's aspirations. Regardless of the size of the obstacle, he views it as a climb he must do with perseverance and selfless sacrifice in order to reach his child's future. He reflects the essence of every parent who puts their child's aspirations ahead of their own, finding strength in their adversities and delight in their successes. The family of a defense member is shown in the second film as they follow him on an emotional journey of unwavering support and pride as he achieves new heights in dedication and commitment. Seeing this movie makes me think about Pramerica Life Insurance.President and Chief Business Officer of Pramerica Life Insurance Karthik Chakrapani stated, "The beauty of 'This is My Climb' lies in its breadth of perspectives." Each story has a distinct resonance, ranging from the ethos of a defense man and his family for the nation's sovereignty to the resolve of a father for his child's future. We encourage readers to interact with these motivational stories, look for themes in their own ascents, and join us in honoring the human spirit. Under the direction of Paritosh Srivastava, Chief Executive Officer, Oindrila Roy, Managing Director, and Heads of Creative Srijan Shukla and Pratheeb Ravi, who are renowned for telling gripping stories, Publicis Worldwide India has artistically produced this campaign. Their combined knowledge and commitment have been essential in obtaining
A viral tweet claims that the rasam bus ad in Bengaluru is insulting both north and south India Internet split
An online discussion has been triggered by an outside advertisement for Indira's Rasam Paste on a Bengaluru bus. Some online users have criticized the advertisement for being "sexist" and "regionalist." Some countered that the advertisement was not controversial in any way. The advertisement's wording said, "Wife North India aa?" (Is your wife North Indian?) implies that northern women are incapable of preparing rasam.Tejas Dinkar, an X user, initially brought the advertisement to the attention of the internet by accusing the company of being chauvinistic. "Today in ads that manage to be sexist while also insulting both North and South India (from r/bangalore)," he said. A heated discussion about whether the advertisement is offensive or not broke out in the comment area. X user Tejas Dinkar shared a picture of the advertisement, which attracted public notice. He expressed his disapproval in the caption, calling the advertisement "sexist" and "insulting" to people in both North and South India.
Raaya's integrated marketing mandate is won by With & Chai Group.
Men's ethnic clothing company Raaya has awarded the marketing mandate to Pune-based advertising firm Wit & Chai Group. Following a multi-agency pitch, the mandate was acquired by Wit & Chai in October 2023.With online and offline promotions, Wit & Chai Group hopes to raise awareness of Raaya and bolster its standing as a high-end menswear brand. "Wit & Chai gave a strong pitch, and we think working with them will help our brand reach new audiences. Our goal is to set Raaya apart as a luxury brand that is reasonably priced and to highlight our exceptional craftsmanship. Preshit Jain remarked, "We are confident that Wit & Chai has our best interests at heart.Furthermore, Wit & Chai Group partner Nahush Gulawani added, "We are thrilled to collaborate with a brand like Raaya that has such an intriguing focus: men's ethnic apparel. We are eager to collaborate with the Raaya team and use our skills to further improve the brand image. Men's ethnic clothing company Raaya has awarded the marketing mandate to Pune-based advertising firm Wit & Chai Group. Following a multi-agency pitch, the mandate was acquired by Wit & Chai in October 2023.With online and offline promotions, Wit & Chai Group hopes to raise awareness of Raaya and bolster its standing as a high-end menswear brand. "Wit & Chai gave a strong pitch, and we think working with them will help our brand reach new audiences. Our goal is to set Raaya apart as a luxury brand that is reasonably priced and to highlight our exceptional craftsmanship. Preshit Jain remarked, "We are confident that Wit & Chai has our best interests at heart.Furthermore, Wit & Chai Group partner Nahush Gulawani added, "We are thrilled to collaborate with a brand like Raaya that has such an intriguing focus: men's ethnic apparel. We are eager to collaborate with the Raaya team and use our skills to further improve the brand image.
A diagnostics business is getting ready to launch a blood testing product in Austin and San Antonio.
Babson Diagnostics has successfully obtained important FDA clearance for its blood testing products following years of cooperation and trials. Listen to the most recent episode of Texas Business Minds to hear about the startup's history, its funding efforts, and the Texas towns it plans to debut in this year, including San Antonio.A diagnostic firm is getting ready to launch a blood testing product in Austin and San Antonio. Babson Diagnostics has successfully obtained important FDA clearance for its blood testing products following years of cooperation and trials. The creator of Babson Diagnostics is getting ready to introduce a cutting-edge blood test device. The founder, COO, and chairman of Austin-based Babson Diagnostics, a blood testing firm, is Eric Olson. He was recently a guest on the Texas Business Minds podcast.
Repurchase Right Notification for 0.00% Convertible Senior Notes due 2028 Announced by MakeMyTrip Limited
January 18, 2024, Gurgaon, India—(BUSINESS WIRE)—Leading Indian travel service provider MakeMyTrip Limited ("MakeMyTrip" or the "Company") (NASDAQ: MMYT) announced today that it has sent out a Repurchase Right Notice ("Repurchase Right Notice") to holders (each, the "Holder") of its 0.00% Convertible Senior Notes due 2028 (CUSIP No. 56087F AB0) (the "Notes").If the notes are not repurchased, redeemed, or converted before then, they will mature on February 15, 2028. In accordance with the provisions of the February 9, 2021, Indenture (the "Indenture") between the Company and The Bank of New York Mellon, trustee, regarding the Notes, each Holder may demand that the Company repurchase the Notes on February 15, 2024, and February 15, 2026 (roughly three and five years after the Notes were first issued, respectively) (the "Repurchase Right"). The Notes' issuer, the Company, is required to purchase all of the Notes at par on the Repurchase Date (as specified in the Indenture), which falls on February 15, 2024, provided that the Notes are properly tendered by theThe Company filed a Tender Offer Statement on Schedule TO in accordance with the regulations set forth by the United States Securities and Exchange Commission (the "SEC"). There is currently no advice or recommendation from the Company, its board of directors, or its staff to any Holder regarding whether or not to exercise their Repurchase Right.Under the terms of the acquire Right, each Note Holder may demand that the Company acquire all of their Notes, or any portion of their Notes that is an integral multiple of the US$1,000 principal amount, on February 15, 2024.According to the terms and conditions of the Indenture and the Notes, the buyback price for such Notes will be 100% of the principal amount of the Notes to be repurchased. There is no interest due on the Notes as of this date, nor does the Company anticipate any interest to be due on the Repurchase Date. As of January 12, 2024, the total principal amount of the Notes outstanding was US$230,000,000.00. Should the Repurchase Right be exercised and all outstanding Notes be turned in for purchase, a total cash purchase price of US$230,000,000.00 will be paid.
Nasdaq-Listed Zoomcar’s India Entity Sees Loss Triple To INR 237 Cr In FY23
OVERVIEWZoomcar India reported a 221 percent surge in net loss to INR 237 crore in FY23 from INR 74 crore in the previous fiscal year. Operating revenue for Zoomcar India fell 27% from INR 94.9 Cr in FY22 to INR 69.1 Cr in FY23. Since launching on the Nasdaq on December 29, 2023, Zoomcar's shares have increased by 38%. After completing a merger of a special purpose acquisition company (SPAC), Zoomcar debuted on the Nasdaq last month. The net loss of its India entity increased by more than 3.2X for the fiscal year that ended on March 31, 2023. In the fiscal year 2022–2023 (FY23), Zoomcar India reported a net loss of INR 237 Cr, a 221% increase from the INR 74 Cr recorded in the prior fiscal year. Founded by David and Greg Moran Zoomcar is a self-driving car rental business that launched in 2013. The startup pairs together hosts and guests, who may rent a variety of cars at reasonable rates. Operating revenue for Zoomcar India fell 27% from INR 94.9 Cr in FY22 to INR 69.1 Cr in FY23. The business gets funding from subscriptions and vehicle rentals, to name a couple. Zoomcar's overall revenue, including other income, decreased 27% from INR 94.9 Cr in FY22 to INR 69.1 Cr in the year under review. 90 percent of Zoomcar's business, according to Moran, came from India in a recent interview with CNBC-TV18. The business is present in Egypt and Indonesia as well. Where Was Zoomcar Expended? Zoomcar India had a 10% decrease in spending from INR 359.1 Cr in FY22 to INR 321.8 Cr in FY23. Employee Benefit Costs: The majority of the startup's expenses were allocated to employee costs. Employee costs made up 39.5% of Zoomcar's total expenses, or INR 127.4 Cr. From INR 119 Cr in FY22, it increased by 7%. Advertising Expenses: The startup spent INR 39.5 Cr, a 37% decrease, on advertising during the year under review from FY22's INR 62.3 Cr. Additionally, it paid for incidental expenses of INR 78.4 Cr. It did not, however, include a breakdown of this expense. Following a business combination with Innovative International Acquisition Corp., a company headquartered in Cayman Islands, Zoomcar began trading on the Nasdaq on December 29. Since listing, the company's shares have increased 38%; as of last trade, they were trading at $5.11. Adarsh Menon, a senior executive at Flipkart and Hindustan Unilever, was appointed president of Zoomcar earlier this month.
Ola Electric Introduces Ola Maps With Upgraded EV Software Move OS 4
The most recent iteration of Ola Electric's e-scooter software platform, called Move OS 4, allows for enhanced routing and a quicker, more precise search feature, according to the startup. A year after Ola announced that it was creating a specific navigation system for its cars and apps, the company has announced that Ola navigation will be used for commercial purposes on Ola EVs. Ola Electric submitted its DRHP to SEBI last month in an effort to raise more than INR 5,500 Cr through an IPO. On Thursday, January 18, Ola Electric released its in-house Ola Maps commercially along with the widespread release of the Move OS 4 software platform for its electric two-wheelers. The most recent iteration of Ola Electric's e-scooter software platform is called Move OS 4. MoveOS 4, according to the electric two-wheeler firm, has elevated navigating to an entirely new plane with Ola Maps. Improved navigation and a quicker, more precise search function are made possible by the updated software. Ola Electric claims that the revised user interface makes it easy for users to access necessary functionality without ever leaving the navigation screen. Furthermore, Ola Maps gives users the ability to mark their favourite spots for a fully customised navigation experience. Through Bluetooth, users may even locate their scooter by pushing places from their phone to it. One year after Ola announced it was working on a specialised maps system for its cars and applications and will soon be launching the system, the company announced that Ola Maps would be used for the first time on Ola EVs for commercial purposes. We are evaluating our own Ola maps! will launch in a few months on our cars and the Ola app! Bhavish Aggarwal, the CEO of Ola, stated in January of 2012. Ola Electric added that MoveOS 4 will provide over 100 new features and enhancements to the Ola S1 Gen 1 scooter range, S1 Pro (2nd Generation), and S1 Air. The update for S1 X+ is scheduled for the upcoming months. The business claimed that in addition to Ola Maps, the updated software version also includes enhancements to "Hill Descent Control" and the addition of "Cruise Control in eco-mode."
Atsuya wins the title of Genesis Innovator.
Atsuya Technologies, a deep-tech business based in Chennai, won the National business Awards 2023's Genesis Innovator category. Tuesday night in Delhi, Union Industries Minister Piyush Goyal presented the prizes.Atsuya Technologies, a deep-tech business based in Chennai, won the National business Awards 2023's Genesis Innovator category. Tuesday night in Delhi, Union Industries Minister Piyush Goyal presented the prizes. An agency of the Union government, Startup India, announces the awards each year to honour businesses working on innovative products and solutions across a range of industries.The startup redefines operational excellence in enterprises with a focus on sustainability by utilizing cutting-edge technology like artificial intelligence (AI) and the internet of things (IoT). Atsuya Technologies stated in a press release that the company has been assisting companies across industries in making data-driven decisions, improving profitability, and promoting environmental responsibility with one integrated platform that unlocks many use cases for individual business objectives.The company went on to say that a wide range of industries, including retail, quick-commerce, oil and gas, real estate, HoReCa, and more, were using its products. The business supports 65% of the quick-commerce market and 95% of organized meat retailers in India as a technology partner. In the LPG supply chain, the company also helps to improve safety, visibility, and traceability. According to the statement, companies may reduce resource waste, easily incorporate sustainability into their operations, and move closer to reaching net-zero goals with the help of Atsuya's extensive portfolio of solutions."Deep tech and data are set to drive growth and propel us toward a net-zero economy," stated Rahul Ganapathy, CEO and cofounder of Atsuya. I firmly think that India's startup scene has the capacity to propel our country to the forefront of the world economy. I express my sincere gratitude to Startup India and the Indian government for recognizing this potential and for their steadfast assistance in fostering the expansion of entrepreneurs. Keep up with important tech and startup news. Get our daily newsletter delivered right to your inbox to stay up to date on the newest and most important tech news.Atsuya Technologies of Chennai won the National Startup Awards 2023's "Genesis Innovator" category, which is an accolade given by Startup India to up-and-coming firms nationwide. On January 16, National Startup Day, Union Industries Minister Piyush Goyal delivered the award at a ceremony in Delhi. Atsuya technology leverages cutting-edge technology like artificial intelligence (AI) and the internet of things (IoT) to transform company operations while prioritizing sustainability. According to the firm, the startup, which has been a technology partner to 95% of India's organized meat shops and 65% of the quick-commerce market, is now indispensable. The National Startup Awards honor and promote the innovations and contributions made by companies in a range of sectors.
In a pre-seed round, professional social media platform
In a pre-seed fundraising round headed by FirstCheque VC, Medial App—a professional social media platform for startup ecosystem—raised $120K from angel investors from Bangalore, Mumbai, and the US, including Nayan Jadeja, Rohitashwa Choudhary, Ankit Aggarwal, and Radhakrishnan Ramachandran.With an emphasis on feature expansion and product launch because of encouraging beta app metrics, the business intends to use the additional funding for product development, user acquisition, and testing of core app features. The majority of the funds raised, according to a Medial press statement, will go into user acquisition, app feature testing, and product development.Aishwarya Raj Pandey, Niket Raj Dwivedi, Harsh Dwivedi, and Prateek Kaien established and oversee Medial, a content-driven platform with a strong community spanning IT, product, and UI/UX industries. It serves as a hub for non-clickbait startup news, industry updates, jokes, and advice in an effort to better the community and encourage candid conversations in the workplace.Medial started out as an integrated platform for professionals in the startup business with the aim of becoming a globally relevant employment board and company profile. The app is creating a network for UI/UX designers, business analysts, venture capitalists, product analysts, and budding entrepreneurs.In addition to being a real-identity professional network similar to Github and LinkedIn, Medial provides an anonymous feature as an additional layer to improve the platform. To a lesser extent, Hood (previously Zorro), FishBowl, Blind, and Reddit may potentially pose competition for it.Medial has over 5,000 users in beta testing and intends to fully launch by the end of January 2024., a business social networking platform, raised $120,000 in its pre-seed round thanks to FirstCheque VC. Prominent angels from the US, Mumbai, Bengaluru, and Rohitashwa Choudhary, among others, Ankit Aggarwal, Radhakrishnan Ramachandran, and Nayan Jadeja, took part in the round.In a pre-seed funding round, Medial, a professional social media network, successfully raised $120,000, or around Rs 1 crore. Leading angel investors from Bengaluru, Mumbai, and the US, such as Nayan Jadeja, Rohitashwa Choudhary, Ankit Aggarwal, and Radhakrishnan Ramachandran, participated in the funding lead by FirstCheque VC. Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien, and Harsh Dwivedi launched the startup, which intends to offer more than just a standard social media platform. Medial is a community-driven center for information, specializing in tech, product, and UI/UX industries. It delivers industry updates, startup news, and expert guidance in an uncomplicated, non-clickbait way. The startup says the money obtained will go toward user acquisition, product development, and testing of the main features of the app.
Adya.ai Secures Funding To Assist Businesses in Developing Apps for ONDC
The pre-series A investment round of Adya.ai, a startup providing digital commerce solutions, has raised Rs 10.5 crore from investors in Indian Angel Network (IAN) and other strategic investors.According to the company, IAN's investors contributed Rs 3.75 crore, with the remaining funds coming from other key investors.Adya.ai, a technology service partner, was founded in 2023 by Shayak Mazumder, CEO and CTO, Archana Mazumder, COO, and Angad Singh Ahluwalia, CBO. The company employs data science and artificial intelligence (AI) to assist businesses with digitizing. It also provides plug-and-play tech stacks as well as other ONDC integration solutions. Enterprise Tech Startup Adya.ai Secures Funding To Assist Businesses In Developing Apps On ONDC Indian Angel Network (IAN) led the pre-Series A funding round, which brought in INR 10.5 Cr ($1.2 Mn). 'Strategic' investors who wished to remain anonymous also participated in the round. IAN gave the startup INR 3.75 Cr. in funding. Digital commerce and technology solutions provider Adya.ai raised Rs 10.5 crore in a pre-Series A funding round, led by investors from Angel Network such as Uday Chatterjee, Romesh Sobti, Sri Prakash, and Hari Balasubramanian. Indian Angel Network (IAN) provided Rs 3.75 crore to this tranche, along with contributions from other key investors.Adya.ai released a news release stating that the firm plans to utilize the money to strengthen its market position, develop its innovative products, and accelerate the development of AI technology.Adya.ai, a SaaS-based solution for data security and ransomware prevention, was co-founded in 2023 by Angad Singh Ahluwalia, Shayak Mazumdar, and Archana Mazumdar. The answer to find a company's most sensitive data, protect it from undue exposure, and alert management in the event that it is stolen or exploited is said to involve big data and machine learning.According to the Bengaluru-based startup, their system also provides businesses with a dashboard where they can view the files and folders that any customer has access to just clicking on a user. The ONDC's technological service partner, Adya.ai, powers major sectors including retail, logistics, F&B, transportation, credit, insurance, and finance.Adya.ai asserts that its technology marketplace has allowed over ten major enterprise contracts, including partnerships with Canara Bank, Aditya Birla Financial Limited, Hindustan Unilever, and others. The company focuses on areas like CPG, financial services, retail, and mobility. The platform for seed and early-stage investments known as the IAN Group is made up of IAN Fund I, BioAngels, and the IAN Angel Group. With investments in 19 distinct industries, the sector-agnostic fund has helped innovative businesses in India and seven other nations.
TABPS Pets raises funds totaling Rs 6.5Cr.
TABPS Pets Private Limited, a well-known pet food company with its headquarters in Coimbatore, has successfully completed its seed investment round, raising an astounding Rs 6.5 crore. This is a big milestone for the Indian retail pet food market.The pet food firm TABPS Pets has announced that it has raised a total of Rs 6.5 crore from investors, including cricket players Hemang Badhani and KS Bharath. According to the company, the money will be used to enhance manufacturing capacity, widen its networks of distribution, and make investments in R&D to introduce new items. TABPS Pets Private Limited, a well-known pet food company with its headquarters in Coimbatore, has successfully completed its seed investment round, raising an astounding Rs 6.5 crore. This is a big milestone for the Indian retail pet food market. Cricket players Hemang Badhani and K.S. Bharath are two prominent investors who have shown a great deal of interest in this investment round.With a focus on creating pet treats and grooming products enhanced with Ayurvedic advantages, TABPS Pets has made a name for itself in the pet food industry. The company's successful fundraising campaign demonstrates the attention that its dedication to quality and innovation has garnered. The recently obtained funds will be utilized to enhance production capacities, broaden distribution channels, and support R&D projects that will provide innovative and creative products to pet owners.Hemang Badhani and K.S. Bharath, two investors, said how thrilled they were to be a part of TABPS Pets' adventure. "We support the company's commitment to pet welfare and its goals. Hemang Badhani said, "TABPS Pets has shown incredible development, and we are thrilled to be a part of their continued success.This financing success not only establishes TABPS Pets as a major force in the pet food sector but also highlights the expanding significance of inventive and health-conscious product offerings in the Indian pet care retail market. This fundraising round is evidence of the possibilities and prospects of the pet sector in India, as the company looks to expand its offerings and market presence.
Consumers consume more than five hours of online entertainment on their TVs
The main benefits of streaming on TV include enhanced sound and visual quality, a wide selection of material from OTT providers, and the ease of viewing on a large screen.Customers are increasingly choosing to stream their favorite TV episodes and movies on television, according to a study. In contrast to other available options like smartphones, tablets, and laptops, 78% of respondents preferred streaming online content on their TVs through streaming sticks, smart TVs, and set-top boxes, according to a NielsenIQ study on TV streaming trends commissioned by Amazon in December 2023.Compared to fewer than three hours during the week, nearly 66% of respondents streamed for five hours a day on the weekends. Furthermore, 74% of them watched the same with family, particularly their spouse and kids, and 97% of them preferred to stream internet entertainment on TV during dinnertime. The study found that respondents most frequently viewed items in the comedy genre. In order of preference, sports, thrillers, romances, horror, foreign TV series, and news came in close succession.TV streaming is preferred since it's more comfortable and offers a better watching experience. People are streaming on TV due to improved video and audio quality, ease of access to a wide range of material from OTT providers and internet sources, and availability of an active broadband connection at home. This inclination is also influenced by ergonomic benefits. Watching TV may also help you keep a good posture, which can reduce the aches and pains that come with occasionally holding your phone while watching video.For Indian audiences, speed is important. Lag-free streaming (39%) and a large selection of OTT Apps (24%) were the most requested characteristics by respondents when it came to TV streaming. The ability to stream internet material and live TV shows from DTH channels on a single screen, as well as the availability of voice assistants for content search and smart home appliance control, were additional preferences.Since its inception, online video streaming has advanced significantly, as have consumer streaming habits. Our inclination to watch media on the television, the largest screen in our homes, hasn't changed. Your favorite TV series, films, sports, and more are easily accessible on Fire TV, according to Parag Gupta, Director and Country Manager, Amazon Devices India. With Alexa's universal voice search, finding content on your old, non-smart TV is made easier. Users can also get more out of their current smart TV by using the Fire TV stick, which offers a faster streaming experience and access to over 12,000 apps from a variety of genres.
WondrLab establishes a base in Europe and purchases the Polish firm WebTalk.
WebTalk is a Polish agency that Wondrlab purchases in a cash and stock transaction. WebTalk acquires an unknown financial stake in Wondrlab. WebTalk clients gain from the acquisition since it gives them access to Wondrlab platforms. The largest acquisition made by Wondrlab to date, this is its sixth. Wondrlab has raised $7 million and intends to acquire 26 acquisitions. The company has opened its European base and aims to generate revenue of Rs 200 crore. The Supervisory Board's new chairman is Jarek Ziebinski.CEO Saurabh Varma of marketing technology startup Wondrlab told ET that the company has acquired WebTalk, a Polish digital agency, for a combination of cash and shares, marking its first international acquisition. WebTalk is a B2C digital marketing agency in the Central and Eastern European (CEE) region that was founded in 2010. Serving over 40 clients in Poland, CEE, and Central Asia, it employs 100 specialists.The acquisition of WebTalk, a Polish digital marketing business, has been announced by Wondrlab Network, an Indian platform-first digital network. With this transaction, Wondrlab has acquired five companies and entered foreign markets for the first time since its founding in 2020.In addition to this purchase, Wondrlab has opened a European Hub in Poland, demonstrating its continued dedication to providing comprehensive solutions and outsourcing for global brands. Clients will have instant access to services in critical areas like digital video, content and community, digital media and data, and digital business transformation through the European hub.With a staff of 100 experts, WebTalk is a results-driven B2C digital marketing agency that was created in 2010 and is run by Michal Dunin. Serving more than 40 customers in Poland, Central and Eastern Europe (CEE), and Central Asia, the agency has a solid clientele that includes well-known brands like Kia Motors, BNP Paribas, Heinz, Bosch, Volkswagen, Total, and Siemens. Michal Dunin will oversee the newly formed Wondrlab European Hub following the acquisition. Wondrlab has designated Jarek Ziebinski as Chairman of the Supervisory Board to manage the company's expansion into Europe. In addition to leading the agency's network in Central and Eastern Europe and acting as CEO and chairman of Leo Burnett, Ziebinski has over thirty years of expertise in marketing, media, and advertising.The CEO and creator of Wondrlab Network, Saurabh Varma, expressed his excitement over the deal and emphasized the historical significance of an Indian company purchasing a multinational corporation. He underlined that Wondrlab's goal of building an elite network with international standards that originates in India has reached a significant turning point with this acquisition. In addition, Varma disclosed intentions to make 21 more acquisitions over the course of the next 36 to 48 months, with a strategic emphasis on developing hubs in Poland, Vietnam, the Middle East, India, and the Middle East. "This is our fifth acquisition and we'll be looking at 21 more acquisitions in 36-48 months," Wondrlab Network Founder and CEO Saurabh Varma stated. Europe is only the beginning for us.
With voice updates, polls, and other new features, WhatsApp livens up Channels.
In a post on his personal WhatsApp channel today, CEO Mark Zuckerberg revealed some helpful updates to the app's Channels feature. The purpose of the new features is to increase user interaction with the comparatively newer product. Sending voice updates on channels, which mimics the voice messages feature, is one of the most well-liked additions. Adding voice updates to channels enables channel creators to establish a more personal and intimate connection with their audience, as voice is a convenient and intimate means of communication for many.Channels can also communicate with their followers through polls. Voting polls are now an option for channels, which helps them collect feedback and determine what kind of interest there is. Users can now share Channel updates to their personal WhatsApp status, which will help Channels reach a wider audience. Channel creators can increase their followings with the aid of this natural sharing.Having up to 16 administrators makes running a channel easier as well. Larger Channels will be able to effectively manage their community and content thanks to this. WhatsApp Channels has already hit 500 million monthly active users, the platform says, helped by Channels from celebrities like Katrina Kaif and Vijay Deverakonda as well as brands like Mumbai Indians, Mercedes F1, and Netflix.
CRUISE ON LAND PUNTA CANA An Innovative Tourist Destination in the Caribbean
Jan. 12, 2024, PUNTA CANA, Dominican Republic /PRNewswire/ -- LAND CRUISE About twenty-five minutes from the international airport and in close proximity to the most notable tourist destinations in the eastern Dominican Republic is where PUNTA CANA, an innovative and sustainable tourism project, is currently under development. For those looking to invest, travel, or rent a place to live, this development is an ideal prospect.With almost 1,000 units sold in the first phase, the sales of the 4,400 suites and residences have surpassed expectations. This indicates that the complex, which includes a theme park, wave pools, artificial beaches, and an interactive lake, among other attractions, will provide a highly desirable source of employment for the area.Benefits of Investing 1. The tourist spot in the area with the highest profitability 2. Investment security under Fiduciaria La Nacional's supervision and defense 3. Outstanding profitability and safe return on capital gained through rapid appreciation and income production from tourism 4. A vacation project that is being classified under the CONFOTUR Law, which offers a 15-year tax exemptionConcerning the Land Cruise Together with developers from the Dominican Republic, Colombian developers, constructors, and investors comprise Cruise on Land. They have a reputation, track record, and more than ten years of expertise in the real estate and tourist industries.
Civitatis aims targeting a 50% global growth rate by 2024.
Madrid - Aiming for an aggressive 50% global growth in travelers by 2024, Civitatis, the leading technological platform for booking Spanish-speaking activities, day trips, guided tours, and excursions globally - both in the B2C and B2B channels - is focused on continuous expansion. This news comes after the company recently announced that it will reach a milestone of 10 million travelers by the end of 2023, up 31% from 2022, and that it will significantly increase the number of product and supplier partnerships by the end of 2023, with 6,000 partners providing a total of 87,000 products.Civitatis is targeting triple-digit growth in these regions after strategically appointing regional directors to serve as country managers in key Latin American markets like Mexico, Argentina, and Colombia. These appointments have equipped Civitatis to meet a variety of regional needs.As evidence of Civitatis' anticipated growth, the company just this week took first place in Expansión, the country's premier daily economic publication,'s annual ranking of Spanish companies projected to become "unicorns"—startups valued at $1 billion.Civitatis' internationalization strategy, which was centered on Spanish-speaking regions like Latin America and allowed access to top suppliers, has contributed to the company's recent growth and success by increasing the variety of products and services offered to both B2B and B2C customers. In addition to possessing a thorough grasp of market dynamics and an unshakable dedication to quality, Civitatis has raised marketing expenditures and broadened its network of service providers.
