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FutureTech

Qualcomm to exit MapMyIndia with huge profit

Qualcomm Ventures invested $5 million in the company about 13 years ago The price band for the offer has been fixed at Rs 1,000-Rs 1,033 per equity share Qualcomm Ventures, the investment arm of chipmaker Qualcomm Inc, will exit lucratively from MapMyIndia after the Indian digital-map provider goes public this week with a Rs 1,040 crore initial public offering (IPO). According to its Red Herring Prospectus, Qualcomm Ventures invested $5 million in the company about 13 years ago, at an average share price of about Rs 52.20 per share. The price…

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Sundar Pichai reveals Google’s plan for India

Sundar Pichai sees Google’s future in its oldest offering: internet search. Free and open internet has helped connect the world and create opportunities. While many other technology behemoths see the metaverse as the next frontier of growth, Sundar Pichai sees Google’s future in its most traditional offering: internet search. Pichai stated at the HT Leadership Summit 2021 that Google remains committed to playing a strong enabling role in supporting the growth of the Indian market through various efforts across cloud, AI, and Android. “I feel fortunate our mission is timeless,” Pichai,…

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AICRA presents Robotic skill center: Get ready for the future

All India Council for robotics and automation is here to transform the technology education field (Especially robotics and other related technologies) by their initiative to establish robotics skill centers across various institutes in India. This project is expected to help technology students to unlock the full potential of core automation technologies. The robotic skill centers led by AICRA aims to advance the STEM knowledge of member students by offering authorized training programs and career certification. This is an opportunity for institutes to become part of India’s largest community for robotics…

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Meta releases PyTorch live for creating AI powered mobile apps

PyTorch Live was unveiled during PyTorch Developer Day.  PyTorch was publicly launched by Meta back in January 2017, when the company was still known as Facebook.  PyTorch Live, a library of tools designed to make it simple to create on-device mobile ML demos “in minutes,” has been announced by Meta. PyTorch Live, which was introduced at PyTorch Developer Day, allows anyone to create mobile ML demo apps using JavaScript, the world’s most popular programming language. While no on-device AI demos are currently available, Meta claims that functionality is on the…

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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…

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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…

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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…

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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…

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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…

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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…

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