EMPOWERING INNOVATION

Browsing author

FutureTech

Flipkart partners with Google Cloud for providing better customer service

Flipkart has signed a multi-year agreement with Google Cloud, allowing it to use Google’s data centres and services to improve its overall customer service. Cloud computing allows businesses to develop goods and services without having to maintain their own servers and data centres. Flipkart will be able to handle more traffic during peak shopping seasons as a result of this partnership, and hence reach more customers. Flipkart will also be able to accelerate the development of new products in order to expand into tier-2 and tier-3 cities. Flipkart’s data analytics will…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Rising material costs, worsened by Russia’s invasion of Ukraine, might put Tesla CEO Elon Musk and other auto executives’ plans to roll out more cheap electric vehicles on hold. According to Gregory Miller, an analyst at industry forecaster Benchmark Mineral Intelligence, rising prices of nickel, lithium, and other materials threaten to slow or even reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, impeding broader adoption of the technology. That’s on top of a supply chain already clogged by the COVID-19 outbreak and a…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Early stage platform for investors LetsVenture launches new initiative for women entrepreneurs

LetsVenture, an early stage platform for investors and founders has established a new program called Women Founders Network (WFN) for women entrepreneurs in India to help build and run disruptive startups. The announcement follows the firm’s launch of the Women Investor Network (WIN) in 2021, which saw over 100 women from various backgrounds participate in the last year, including entrepreneurship, finance, marketing, engineering, finance, and more. “LetsVenture plans to onboard about 1000 women founders and investors on the platform in the next one year’s time through this initiative,” the release said. “Last…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Edtech startup Infinity Learn acquires Don’t Memorise

Infinity Learn, the edtech startup of the Sri Chaitanya group, has purchased Don’t Memorise, a concept-based multilingual content platform, for an unknown sum. Don’t Memorise, which was founded in 2014, focuses on the K-10 market, specifically grades 6 to 10, and develops math and scientific material in English, Hindi, Marathi, and Bengali. Mumbai-based Don’t Memorise claims to have 2.6 million YouTube subscribers and over 250 million views. “While the organic growth continues to be strong for Infinity Learn, inorganic routes including acquisitions, is another pillar for growth and expansion. This…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Women entrepreneurs leading India’s billion dollar startups

Four of the 44 Indian startups that became unicorns last year were run by women. Although the number appears modest at first glance, it is significantly greater than the two companies that made the list in 2020. To make matters even better, in the first two months of 2022, four female-led businesses have already joined the unicorn club. Mamaearth by Ghazal Alagh, Hasura by Rajoshi Ghosh, LEAD School by Smita Seorah, and Pristyn Care by Dr Garima Sawhney are among the names on the list. In startup jargon, a unicorn…

Share16
Tweet
Share
Pin
16 Shares
FutureTech 0

B2B logistics tech platform Oorjaa raises Rs 9 crore led by Inflection Point Ventures

Oorjaa, a technology-enabled platform for the Intra-City logistics industry, announced today that it has raised Rs 9 crore in a pre-Series A fundraising round headed by Inflection Point Ventures in a business-to-business (B2B) logistics company. According to the statement, a number of high-net-worth individuals (HNIs) participated in the round, both personally and through Vinners’ angel investment platform. Sandeep Patil, Prashant Mohite, and Yogesh Parab launched Oorjaa in November 2019. “Our experience of interacting with IPV has been very fulfilling with complete handholding during the entire process. Their quality of diligence…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

AI-driven beauty startup CureSkin raises $5M to grow its technology platform

CureSkin, a Bengaluru-based artificial intelligence-driven beauty and personal care company, has raised $5 million in a fresh round of funding to extend its technological platform by expanding its customer base and expanding into adjacent categories. Sharrp Ventures, SenseAI, and other previous investors joined JSW Ventures in leading the new series A investment. CureSkin’s platform, which was founded in 2017 by two ex-Google workers Guna Kakulapati and Rama Rajanna, as well as doctor Charu Sharma, uses AI technology to accurately diagnose users’ skin ailments and offer a customised treatment kit and…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Google reaches new deal with French newspapers on licensing rights

Google and a trade group representing almost 300 French newspapers have achieved a new agreement on content publishing rights, the two parties announced on Thursday. According to a joint statement, the agreement indicated that negotiations on how much to pay publications for utilising their material in Google search results, which began in September, were successful. In January, Google and the French publishers’ lobby announced that they had reached an agreement on a copyright framework that would allow the US internet giant to pay news publishers for online content, paving the…

Share
Tweet
Share
Pin
0 Shares
FutureTech 0

Government’s WhatsApp chatbot to become a one-stop-destination to access official documents

The government’s WhatsApp chatbot, which was launched last year to schedule vaccination appointments and get inoculation certificates, will now serve as a one-stop destination for a range of official documents. Citizens will be able to download their driver’s licence, income tax certificate, or PAN card instantly via WhatsApp. According to officials, the pilot project has already been put out for testing. The WhatsApp chatbot interface will provide access to documents stored on a citizen’s DigiLocker. The name of the MyGov Corona Helpdesk has been changed to MyGov Helpdesk to reflect…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

Taqanal Energy raises Rs 9.50 crore in a pre-series round

Taqanal Energy, a provider of cloud-connected smart modular battery energy storage solutions for the electric vehicle market, has announced a pre-series round of funding of Rs 9.50 crore. JITO Angel Network, KITVEN, Lets Venture, and Wellingdon Advisors are among the investors. The company’s mission is to break down barriers to EV adoption and speed up the switch to electric vehicles. Taqanal Energy’s Intelligent Energy Storage Management System is enabling the transition from fossil fuels and internal combustion engines to electric automobiles. The power of embedded intelligence in the battery is…

Share4
Tweet
Share
Pin
4 Shares
FutureTech 0