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Uniqus Consultech announced the launch of its operations by raising US$12.5 million in a Series A funding round. The investment also marks the first investment for Sorin Investments, an early-stage tech fund founded by private equity veteran Sanjay Nayar, Former Chairman of KKR India. Uniqus Consultech, a tech-enabled global platform that provides ESG and accounting and reporting consulting, announced the launch of its operations by raising US$12.5 million in a Series A funding round for the sale of a minority stake. The funding round was led by Nexus Venture Partners,…
Twitter is working to launch the new Verified subscription today, a new report suggests. The launch may be scheduled for Friday but the roll out is estimated to begin next week, according to a report by The Verge. Twitter is working to launch the new Verified subscription today according to a new report. Elon Musk, Twitter’s new CEO, has not confirmed the rollout. He had previously stated that it would be available in the first week of December. According to The Verge, the launch is scheduled for Friday, but the…
Hackers are stealing digital data and selling it in underground markets. Identity theft is carried out by planting malware in the victim’s computer. AIIMS Delhi recently faced a cyber-attack that compromised the sensitive information of millions of patients. Sensitive data from at least five million people worldwide, including 6 lakh Indians, was hacked and sold on the bot market. According to reports, nearly 12% of all data sold in bot markets so far belongs to Indian users, making India one of the worst affected countries by cyber identity theft. According…
Humanoid robotics is a new and challenging research field that has gotten a lot of attention in recent years. Humanoid robots, despite being one of the smallest groups on the market today, have the greatest potential to become the future industrial tool and will continue to play a central role in robotics research and many 21st-century applications. Understanding human-like information processing and the human brain’s underlying mechanisms in dealing with the real world is one of the common issues addressed in humanoid robotics. They are currently expected to serve as…
AI-powered legal-tech startup Amikus AI said it has raised over Rs 96 lakh in a Pre-Seed funding round The funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning developers. AI-powered legal-tech startup Amikus AI said it has raised over Rs 96 lakh in a Pre-Seed funding round led by Inflection Point Ventures (IPV), a Gurugram-based angel investment firm. According to the startup, The funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning developers. Founded…
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Vedantu has reportedly laid off 385 employees. Vedantu is conducting fourth round of layoffs this year. Vedantu’s current workforce stands at slightly over 3300. The Indian ed-tech startup picture is currently facing challenges, with layoffs occurring on a regular basis. The most recent one comes from Vedantu, a well-known educational technology company. According to reports, the company has laid off 385 employees, or slightly more than 11% of its workforce, in the fourth round of layoffs this year. This brings the total number of layoffs at the ed-tech firm this…
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