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FutureTech

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…

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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…

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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…

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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…

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Edtech startup Bhanzu raises $2 Mn in seed round

Bhanzu, an edtech startup, has raised $2 million (approximately Rs 15 crore) in a seed round led by Lightspeed Venture Partners. Maninder Gulati (Global Chief Strategy Officer at OYO), Gaurav Munjal (CEO of Unacademy), and Kunal Shah (CEO of Cred) were among those who took part in the round. The Hyderabad-based startup intends to use the new funds to expand its live classes across the United States, Canada, the United Kingdom, and the Middle East, as well as to increase hiring in tech and product operations. Bhanzu, founded in 2020…

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Software firm Hasura turns unicorn, raises $100 million

Hasura, a software company that speeds up web app development, announced that it has raised $100 million from Greenoaks Capital at a valuation of a billion dollars, demonstrating investor interest in pure software startups that burn less money and have a large market as the world becomes more digital. Hasura, founded by Tanmai Gopal and Rajoshi Ghosh in 2017, reduces the time and expertise required to create GraphQL APIs for data access. GraphQL is a query language that was created by Facebook and is open-source. It makes APIs — software…

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Elevation Capital-backed agritech startup Vegrow creates ESOPs pool

Vegrow, a fresh farm produce supply chain business, has created a new Employee Stock Ownership Plan (ESOP) pool worth Rs 26 crore ($3.5 million). This arises as many early and growth-stage companies create and extend their ESOP pools, as well as buy back shares from employees. According to the company’s regulatory filings with the MCA, Vegrow has approved a special resolution to adopt an ESOPs Plan with 16,308 options, each option exercisable into one equity share of the company. The newly accepted ESOP pool is valued at about Rs 26…

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Cyber security startup Com Olho raises Rs 1.8 crore in a Seed round

Inflection Point Ventures led a Rs 1.8 million seed fundraising round for Com Olho, a Gurugram-based cyber security and IP-driven analytics startup. IPV is a Gurugram-based angel investment organisation that has made 111 investments worth Rs 358 crore. The funds will be used to hire talent, improve the tech stack, and aggressive market penetration in India and other emerging economies. Com Olho, founded in 2019 by Abhinav Bangia, assists CXOs in understanding behavioural anomalies in their customer data and qualitatively auditing their digital media spends and digital brand presence in…

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Meet the winner : Best Start-up Initiative in Robotics Sector award at IFTSCA 2022

Orangewood Research and Advancement Private Limited, a start-up that has always endeavored to democratize robotics to build Industry 4.0 are creating waves by bagging the Best Start-up Initiative in Robotics Sector award at India First tech startup conclave & awards 2022, Delhi chapter. The company has received huge appreciation for its innovative approach in solving the two biggest challenges in the robot manufacturing industry, complexity and cost. The company has the vision to make robots accessible to businesses of all sizes. The startup says, “We are building collaborative robots, or…

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Dr Jitendra Singh on India emerging as world’s preferred startup destination

India first tech startup conclave & awards, India’s biggest tech startup event organized by all India council for robotics and automation, got off to a rousing start on February 17th with an inspiring inaugural address by Dr Jitendra Singh, Hon’ble Minister of State (I/C), Minister of S&T & ES, Govt. of India. He said the robust ecosystem of Startups will play a critical role in ensuring that India achieves its goal of a $5 trillion economy by 2025. “India is emerging as world’s preferred Start-Up destination due to its vast…

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