EdTech platform upGrad to acquire talentedge

Ronnie Screwvala-led edtech major upGrad will acquire Gurugram-based edtech platform Talentedge The acquisition will be done in the range of INR 350 Cr-INR 400 Cr. UpGrad, led by Ronnie Screwvala, will acquire Gurugram-based edtech platform Talentedge to strengthen its position in the higher education space.The deal’s value was not disclosed by the company. According to sources, the acquisition will cost between INR 350 Cr and INR 400 Cr. According to an upGrad statement, the company has reached an exclusive agreement to acquire Arrina Education Services, the holding company of Talentedge…

The convergence of distributed ledger,blockchain technologies and smart tokens will lead to next revolution : Says Mukesh Ambani

Reliance Industries (RIL) Chairman Mukesh Ambani has said that the next major evolution in the fintech space will be the convergence of blockchain, distributed ledger and smart tokens. He observed that people are moving from digital revolution to “digital first” revolution.  With the growth of fintech and digital payments in India’s financial sector, Reliance Industries (RIL) Chairman Mukesh Ambani has stated that the next major evolution in the fintech space will be the convergence of blockchain, distributed ledger, and smart tokens. “I think that the convergence of real time, the…

HR tech startup Sense increased its valuation to $500 Mn with a new financing round.

The San Francisco-headquartered startup has raised $50 million in its Series D financing round. Sense focuses on catering to the blue-collar workers and helps firms manage the talent’s entire lifecycle at the firm. Sense, an HR tech startup that assists some of the world’s largest staffing and recruitment agencies in finding and hiring talent on time, increased its valuation to $500 million in a new financing round. The San Francisco-based startup has raised $50 million in its Series D funding round, according to the company. SoftBank Vision Fund 2 led…

Google to roll out locked folder feature to more Android devices

Google Photos’ Locked Folder feature will soon be available to non-Pixel users. The feature hides your private and sensitive pictures from the gallery. Non-Pixel users will soon be able to use Google Photos’ Locked Folder feature. The feature covers up your private and sensitive images in the gallery. The Locked Folder feature was initially available only on Pixel phones, but it will soon be available to non-Pixel users as well. This means that other Android phones, such as Xiaomi, Oppo, OnePlus, and Samsung, will also get the feature. According to…

WhatsApp voice messages gets an update soon : Report says

WhatsApp has begun testing waveforms in voice messages again. The feature is available to only specific testers, so everyone should not expect it yet. Texting is the most convenient form of communication today, owing to the fact that nearly everyone has access to a chat app. WhatsApp is that app in India, but texting is more popular among young users. For everyone else, WhatsApp voice messages are the primary means of communication in India. If you use voice messages, there is some good news for you. WhatsApp is currently testing…

UPCOMING TECH STARTUP EVENTS YOU SHOULDN’T MISS

Virtual or in Real, we have got you covered with an exciting list of Tech startup events or conclaves happening soon in 2021 & 2022 As a media agency reporting all the latest updates related to startups, we know how challenging it is for budding entrepreneurs to survive. Establishing a startup is not at all a cakewalk. Startup conferences are an excellent way to meet like-minded people, attract investors, and get things going. They’ll open a whole universe of new ideas, offers, and industry pro-tips. Such gatherings are an important…

Paytm partners with startup for PMS foray

Paytm founder Vijay Shekhar Sharma is launching Portfolio Management Scheme (PMS) The initiative is in collaboration with Mumbai based startup PMS Bazaar Vijay Shekar Sharma, the founder of Paytm NSE 2.97 percent, is launching a Portfolio Management Scheme (PMS) in collaboration with PMS Bazaar, a Mumbai-based start-up that would develop investment strategies. It will primarily invest in stocks, with big, mid, and small-cap businesses accounting for 95 percent of the assets. Other asset types include gold, exchange-traded funds, and debt. “At Paytm Money, we have leveraged technology to make investing…

India can play big in advancing quantum computing: Says Arvind Krishna

India has a primary role to play in advancing the future of quantum computing with a strong scientific and engineering culture, as well as the spirit of innovation, said Arvind Krishna, chairman & CEO, IBM. “India has the right attributes play a leadership role,” said Krishna, speaking at the Infinity Forum organised by the International Financial Services Centres Authority (IFSCA) and GIFT City. Quantum computing will be the next big technological breakthrough, allowing computers to address issues that are beyond their current capabilities. “Together with hybrid cloud and artificial intelligence,…

Clubhouse includes 13 more languages

Clubhouse has added support for 13 new languages on the Android version of the app.  Clubhouse has also added a new tool called ‘Topics’. Clubhouse has announced the inclusion of 13 new languages, after the addition of support for 13 local languages earlier this year. Clubhouse has launched a new tool called ‘Topics’ to go along with its second phase of language localization. Clubhouse has extended support for 13 new languages to the Android version of the app in an effort to make the platform more accessible to users and…

Insuretech startup Turtlemint remains profitable in FY21

Turtlemint witnessed a stable financial performance in the financial year 2021 This comes at a time when the company is in talks with New York’s Tiger Global Management to raise a new round Turtlemint, an insuretech platform, has a steady financial performance in fiscal year 2021. The Mumbai-based company increased its operational revenue by 35% to Rs 63 crore in FY21, up from Rs 46.8 crore the previous fiscal year (FY20). Commission and brokerage accounted for Rs 60.36 crore of Turtlemint’s total operating income in FY21, accounting for 96 percent of…