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FutureTech

Anicut Capital raises Rs 110 crore to invest in startups

Anicut Capital, an investment management firm, announced on Tuesday that it had raised Rs 110 crore to acquire equity holdings in startups across a variety of industries. The Rs 500-crore Anicut Opportunities Fund I has reached its first closure. According to an official announcement, the fund would be used to invest in up to 15 growth stage enterprises. It also stated there is a Rs 250-crore greenshoe option for the newly launched fund, without divulging the details of the Rs 110-crore commitments. The firm also announced the appointment of Dhruv…

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Online learning platform Physics Wallah enters unicorn club with $100 million funding

Physics Wallah, a self-funded online education startup, has raised $100 million in its first round of funding led by WestBridge Capital and GSV Ventures, making it the newest edtech to join India’s unicorn club. The company is worth $1.1 billion, according to a prepared statement released on Tuesday. Unicorns are startups valued at $1 billion or more that are privately held. Other edtech unicorns include the likes of Byju’s, Unacademy, Eruditus, Vedantu, UpGrad and Lead School. According to a prepared statement, the funds will be used for business expansion, branding, the…

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Pristyn Care acquires Tiger Global-backed health-tech firm Lybrate

Pristyn Care, a healthcare provider, has acquired health-tech firm Lybrate for an unknown sum in order to strengthen its operations and expand into primary care. Pristyn, which became a unicorn in 2021, offers innovative secondary care operations through a nationwide network of over 800 hospitals. Lybrate will be used to drive synergies with the company’s existing activities, according to the company. “Given the increasing demand for online health services, Lybrate makes a compelling strategic fit to give access to primary care to our patients via online consultation services. We truly…

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Garuda Aerospace eyes plantation of 75,000 seeds

Start-up for drones Garuda Aerospace announced on Saturday that it will plant 75,000 seedlings to commemorate the country’s 75th anniversary of independence. Garuda Aerospace launched a statewide drone seed planting program on June 5 to commemorate World Environment Day, according to a company statement. The company’s recently introduced ‘Vriksh Vaahan’ drone was used for the task. The drone is a simple approach to boost productivity while avoiding environmental impact, according to the report. “The ‘Vriksh Vaahan’ drones will spray seeds directly over fields on the desired spot with the help…

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Info Edge-backed Edtech startup Udayy shuts down its operations

Gurgaon-based Udayy, an edtech startup focused on students from kindergarten to eighth grade, has decided to shut down its operations as it was unable to maintain sustainable growth in the hyper-competitive edtech market. Following this decision, the edtech startup has laid off its entire workforce. Saumya Yadav, one of the co-founders of Udayy, explains that the platform did not see a viable path toward business profitability with the lifting of COVID-19 norms. The increased number of children returning to school led to requests for refunds and difficulty in acquiring new customers…

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Mama Spielautomaten Gratis free casino ohne anmeldung Vortragen Abzüglich Anmeldung

Content Vorteile Der Virtuellen Spielautomaten Spielautomaten Für nüsse Spielen Exklusive Registration Ist und bleibt Unter Unserer Rand Jederzeit Denkbar Book Of Ra Gratis Spielen Kein Echtgeldeinsatz Unumgänglich Spielautomaten Ersatzteile Vortragen Sie zudem dieser tage unser fantastischen Spielautomaten unter SlotoZilla unter anderem untergehen Eltern zigeunern in die fantastische Slot-Action. Unser Anwendung von SlotoZilla ist gar nicht jedoch für nüsse, zugunsten kann nebensächlich perfekt abzüglich Registrierung geschehen. Eltern sich begeben zu also wie geschmiert nach Wunsch unsrige Webseite, auswählen welches gewünschte Partie alle und im griff haben fix beginnen und die beliebstesten…

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Highlights of India First Tech startup conclave & awards 2022 : Bengaluru chapter

The Indian startup ecosystem is entering a new era. The unicorn population has increased by leaps and bounds in the last year, driving our country to third position in the globe. The All India Council for robotics and automation is exploring the spread and depth of our startup ecosystem by organizing the Bengaluru chapter of the INDIA FIRST Tech startup conclave & awards this June. The conclave is a 2-day event that is being conducted on the 8th & 9th of June 2022. The event’s goal is to provide an…

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Instagram now lets users record Reels for 90 seconds

Instagram now allows users to record Reels for 90 seconds, up from 60 seconds before. When TikTok was prohibited in India over two years ago, Instagram created Reels, and this is the first time that Instagram has extended the time duration for its short video platform Reels. Instagram has also included new designs, interactive stickers, new sound effects, and the option to input your own audio. The most recent version, which includes additional features, is now available for both iOS and Android. Users may install the update by going to…

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Apple likely to launch its own search engine to take on Google

Apple and Google are the two dominant forces that currently rule the market. The Cupertino-based behemoth may now compete with Google in another area dominated entirely by the latter, namely the search engine. No other search engine comes close to Google’s popularity, but Apple may soon make things tough for Google. According to sources, Apple is planning to launch a new user-centric online search. However, Apple intends to wait until January 2023 before launching the search engine. Tech blogger Robert Scoble has detailed the list of things that Apple is…

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Arya.ag acquires agriculture data science startup Prakshep

Arya.ag, a grain commerce platform located in Noida, has acquired agriculture data science firm Prakshep for an unknown sum. Arya strengthens its position as India’s largest integrated grain commerce platform and expands its technological capabilities to provide end-to-end solutions to its users with this acquisition. Arya.ag secured $60 million in Series C financing from Asia Impact SA and returning investors Lightrock India and Quona Capital in January of this year. The purchase, according to the business, would assist to boost Arya’s aim of providing cutting-edge AI/ML capabilities to farm digitalization,…

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