EMPOWERING INNOVATION
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India Sets Global Benchmark in Esports Governance: Online Gaming Authority to Transform Industry from May 1

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Technoxian Expands to South America: Ecuador Joins Global Robotics Movement Through Landmark WORSO–STEAMUP Partnership

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India to Host ESCOM 2.0: A Global Convergence of Esports Innovation and Industry Leadership

WhatsApp testing feature to keep disappearing messages in chat

WhatsApp is experimenting with new ways to improve the utility of the disappearing messages feature. The messaging app was spotted experimenting with the ability to save messages that were about to vanish. When you send a disappearing message, you don’t want it to stay in the recipient’s inbox for more than a set amount of time. However, if you have the feature enabled, you may accidentally send an important message, which will then vanish because you have it enabled. In such cases, WhatsApp’s soon-to-be-announced “Keep the disappearing message” feature will…

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Ninjacart acquires SaaS platform Tecxprt to streamline supply chain

Ninjacart, a fresh produce supply chain startup, has announced the acquisition of Tecxprt, a SaaS-based communication platform. As part of the deal, the entire Tecxprt team will join Ninjacart. The size of the transaction was not disclosed by the company. Ninjacart, which is backed by Walmart, claims that the acquisition will help it and Flipkart digitise their operations and facilitate real-time communication throughout the food supply chain. Thirukumaran Nagarajan, cofounder and CEO of Ninjacart, said, “We are thrilled to have the Tecxprt team on board With this acquisition, we will…

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Tiger Global, A91 Partners participate in EatClub’s $30 mn secondary funding round

EatClub Brands – formerly Box8 – is nearing the completion of a $30 million secondary funding round, in which existing backer Tiger Global is expected to increase its stake, according to sources familiar with the matter. A91 Partners, a Mumbai-based investment firm, will also participate in the secondary stock purchase, which will see existing backer IIFL sell a portion of its stake in the company, according to the people. Box8 was first backed by IIFL Seed Venture Funds, the venture capital and private equity arm of IIFL Wealth & Asset…

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Microsoft acquires Nuance to usher in ‘new era of outcomes-based AI’

Nuance, the company behind Siri’s backend, has been acquired by Microsoft in a massive deal that the company claims would usher in a “new age of outcomes-based AI.” “Completion of this significant and strategic acquisition brings together Nuance’s best-in-class conversational AI and ambient intelligence with Microsoft’s secure and trusted industry cloud offerings,” said Scott Guthrie, Executive Vice President of the Cloud + AI Group at Microsoft. “This powerful combination will help providers offer more affordable, effective, and accessible healthcare, and help organisations in every industry create more personalised and meaningful…

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Esports gaming platform Gamerji raises $1.1M in a pre-Series A round

Gamerji, an esports gaming platform based in Ahmedabad, said today that it has secured $1.1 million (about Rs 8.5 crore) in a pre-Series A round headed by Unicorn India Ventures, with participation from Stadia Ventures, the Urmin Group family office, and current investors. GamerJi’s online esports platform, which was founded in 2019 by serial entrepreneur Soham Thacker, allows players to participate in tournaments of their favourite games, host matches, chat, exchange content, and earn rewards. Gamerji plans to use the funds generated to improve tournament management technology, add social features…

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WhatsApp will soon make it difficult for users to forward messages to more than one group chat

WhatsApp has been spotted testing a new feature that could revolutionise how we forward messages. Whatsapp will soon make it impossible to forward messages to multiple groups. The feature was found being tested by the chat app. If the feature is included in the final version, it will be problematic for many people who forward messages without reading them the majority of the time. This approach would also help to limit the spread of fake news and misinformation. Previously, WhatsApp released an update that allowed users to forward messages to…

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UK food delivery co Deliveroo to open engineering office in India

Deliveroo, a global food delivery company, will open an India Engineering Centre in Hyderabad, joining overseas players such as Indonesia’s Gojek, Singapore’s Grab, and Japan’s Rakutan in establishing engineering offices in the country without operating here. The centre will be staffed by a new group and will be an integral part of Deliveroo’s central technology organisation. By the end of the year, the company expects to have over 150 engineers working in the areas of analytics, platforms, automation, and machine learning. “This is going to be the largest technology hub…

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Jiffy.ai raises $53 million in funding led by Eight Road Ventures

Eight Roads Ventures led a $53 million fundraising round for Jiffy.ai, a business-to-business (B2B) automation platform. The funds will be used to expand the company’s sales and marketing operations, as well as advance its HyperApp platform. Iron Pillar, R-Squared, and current investors Nexus Venture Partners, Reaction Capital, and Rebright Partners all participated in the round, according to the company. Jiffy.ai raised $18 million from investors led by Nexus Venture Partners in June 2020. Paanini Foundation, a non-profit organisation, is the company’s largest stock shareholder. “This funding will help build autonomous…

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Amazon’s Clubhouse competitor Amp will let users host live radio shows

Amp, an Amazon app with Clubhouse-like features, has just been released. The software is similar to an audio player, but it will include additional capabilities such as the ability to host live radio shows. Show hosts can select tracks from Universal Music Group, Sony Music Entertainment, Warner Music Group, and a slew of independent music labels, including Beggars Group, Believe, CD Baby, and others. Talking about the new app, John Ciancutti, vice president of Amp, said, “Radio has always been about music and culture. But imagine if you were inventing…

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Eruditus raises $350 million debt from CPPIB

Eruditus, an online education company, has received $350 million in debt from Canada Pension Plan Investment Board, a worldwide asset management firm, mostly to fund mergers and acquisitions. According to persons familiar with the situation, Eruditus, which partners with prestigious universities like as Columbia, INSEAD, and others to provide executive education and MBAs, aims to make purchases worth a billion dollars in the next year or two. According to reports, the company has gross bookings of $500 million for FY22, which is up 2.5 times year over year. CPP Investment…

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