We should go for indigenous manufacturing in defence sector : PM Modi

Cyber security is no longer limited to just the digital world as it has now become a matter of national security, Prime Minister Narendra Modi said on Friday. He also noted that the process of importing defence items is so long that by the time they reach our security forces, many of them have become outdated and therefore, the solution is to go for indigenous manufacturing. “Even during the period of slavery and immediately after Independence, the strength of our defence manufacturing was very high. Weapons made in India played…

Healthcare company MediBuddy raises $125 Mn in Series C round

Quadria Capital and Lightrock India joined existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, and Alteria Capital in a $125 million Series C funding round. The Bengaluru-based firm previously raised $40 million in its Series B round in February of last year, eight months after its merger with online doctor consultation platform DocsApp. MediBuddy and DocsApp share the same brand name: MediBuddy. According to a press release from Medibuddy, the new round of funding will be…

Bounce shrinks 83% in FY21, Rs 2,152 Cr losses ride pillion

Bounce, which pivoted to become an electric scooter manufacturer at the start of the ongoing fiscal (FY22) with the acquisition of 22Motors was a scooter rental platform in FY21. The pivot and the pandemic on fiscal year (FY21) has wiped out its scale. Bounce’s operating revenue fell by 83 percent during the year, to around Rs 15 crore in FY21 from Rs 87.5 crore in FY20. Approximately 96 percent of the company’s operating revenue came from motorcycle and bicycle rentals in the six cities where it currently operates. This revenue…

Whatsapp spotted working on a slew of new features

WhatsApp has been developing a number of new features to improve the user experience. WhatsApp’s message reactions feature was recently spotted on WhatsApp Desktop beta, and the messaging app was recently spotted working on a new search message shortcut. WhatsApp users will soon be able to respond to messages with emojis. In a message, users will be able to choose from six different emoji options. The feature was discovered in the messaging app’s beta version. The messaging app was spotted testing the message reactions feature on the WhatsApp desktop app…

Google Workspace users to migrate from Hangouts to Chat in March

Google has been working on moving users from Hangouts to Chat for a long time, and they now have a timeline. The time to permanently switch to Chat is rapidly approaching, and Google’s most recent update has set a deadline for when users will be moved. Google is ready to move Hangouts into the final phase, according to a blog post on Workspace, and this follows the opt-out migration option it rolled out last year. If they haven’t already done so, all users will have “Chat preferred” enabled in their…

Infosys launches Metaverse Foundry, to ease enterprises with metaverse adoption

Infosys has announced the launch of its Metaverse Foundry to help enterprises explore the metaverse, including virtual and augmented environments, for their customers, workplaces, products, and operations. The Foundry, according to the company, will bring together domain and design expertise, platforms and digital accelerators, as well as strong relationships in a rich creator-partner economy. This confluence of capabilities will be available as on-demand services, allowing businesses to scale up and down their explorations as needed. This will enable them to create their own metaverse environment on-demand, deliver signature experiences in…

National Strategy on Additive Manufacturing announced

The “National Strategy on Additive Manufacturing” was announced by Ashwini Vaishnaw, Union Minister of Electronics & Information Technology (MeitY), Communications & Railways, and Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology, Skill Development and Entrepreneurship, to cater to next-generation digital manufacturing and to mitigate immediate disabilities of local industries. “The Genesis of the National Strategy in India revealed by the government is to keep pace with rapid global manufacturing prowess. For this, India needs to adopt an integrated approach to additive manufacturing in all segments including defence and…

Chargebee acquires Numbers and launches Chargebee Receivables

Chargebee, a subscription management platform, announced on Thursday the acquisition of Numbers, a collections management platform, and the launch of Chargebee Receivables. The acquisition follows the recent additions of Brightback and RevLock to Chargebee, as well as a new round of funding led by Sequoia and Tiger Global, indicating rapid product and talent growth for Chargebee, a rapidly growing global startup. Subscription businesses will now be able to automate their entire receivables process from purchase to payment, as well as manage subscription products and invoices, according to the company, resulting…

Microsoft Edge has almost replaced Apple’s Safari

The race for the world’s best web browsers is heating up, with OEMs focusing on equipping their hardware with their own software solutions. This is evident from Microsoft’s push for its now-improved Edge browser to be installed on all Windows PCs. The effort appears to be paying off, as Edge is on track to overtake Apple’s Safari browser for the number two spot on the list of the world’s most popular web browsers on desktops. StatCounter, a web analytics service, has released new data that reflects the growth. According to…

Whatsapp may soon let users choose audience for their status updates

WhatsApp has been developing a slew of intriguing features to improve the user experience. The messaging app was recently spotted testing the ability to choose who receives status updates. This means that users can now choose who sees their WhatsApp status updates. The feature is currently being worked on and will be included in a future update. Wabetainfo was the first to notice the new development. According to the website, WhatsApp is working on adding the ability to edit recipients when sending media in a future update. In addition, WhatsApp…