OPPO’s India entity has launched an accelerator program named Elevate to promote technology and innovation’ by engaging with early-stage startups in the country. The Chinese consumer electronics giant expects that by launching the initiative, it would be able to drive innovation in India and mentor startups that will bring about significant technological breakthroughs in the sector of consumer electronics. The program is focused on startups in the field of image processing, battery tech, network systems, payments, AI, gaming, etc. It also collaborates with the governments of Kerala and Telangana, as…
Read MoreAuthor: FutureTech
Crypto asset startup Mudrex launched a mutual fund like investment plan
Crypto asset startup Mudrex, has introduced ‘Coin Sets,’ a mutual-fund-like crypto investment product aimed at retail investors. Nexus Venture Partners and Y Combinator have invested in the Bengaluru and San Francisco-based venture. Mudrex, which was founded in 2018 by Edul Patel, Rohit Goyal, Alankar Saxena, and Prince Arora, helps to streamline crypto investing for retail investors by packaging crypto tokens in a manner comparable to current investment products such as mutual funds and exchange-traded funds. Coin Sets are ‘baskets’ that include several crypto tokens that all fit under a specific…
Read MoreGovt may issue regulations to teardown Chinese phones due to data security concerns
The Indian government may issue a regulation requiring the teardown or in-depth testing of phones to guarantee that devices and installed apps are not spying on citizens. To combat suspected cyber snooping, the government is allegedly compiling a list of trusted providers and companies for telecom equipment and networking products. The move is regarded as a response to Chinese aggression at the India-China border. According to sources acquainted with the scenario, Chinese brands would be targeted if the regulation is implemented. The rule aims to keep Chinese companies like Huawei…
Read MoreApple launched AirPods 3 on Monday: Everything you should know
WhatsApp introduces more features to its joinable call feature
WhatsApp announced more features to its joinable calls feature. This was one of the most essential features provided by the messaging software since it allows users to join an ongoing call after it has started. The new feature allows users to call a WhatsApp group and join it directly from the group chat window. Users will now notice a new button near the group chat icon. “Today we are enhancing the experience of the joinable call through integration to group chats. So, now group calls are contextual to your group…
Read MoreSaas Lab: An automation startup raises $17 million investment
SaaS Labs, a cloud-based automation startup, has secured $17 million (about Rs 125 crore) in its initial investment round from Base 10 Partners and Eight Roads Ventures. According to a statement issued by the firm on Monday, the investment will be used to increase the customer base and hire talent, as well as for product development and enhancing service delivery. Gaurav Sharma founded SaaS Labs in 2016 to create efficiency and business process automation tools for small businesses. The Noida-based company creates solutions for sales, customer service, and marketing teams,…
Read MoreIndia comes second in the unicorn race beating several developed nations
India has outpaced several developed nations, including China, the United Kingdom, and Canada, in terms of adding new unicorns during the third quarter (Q3) of the calendar year 2021, as per the report from PwC India. A unicorn is a startup that is valued at at least $1 billion. In the third quarter, India added over ten unicorns, compared to seven in China and Hong Kong, and four in the United Kingdom and Canada, indicating the high pace of investment activity. However, the United States maintained its commanding lead on…
Read MoreWhatsApp lets users choose if they want reaction notification
Following the launch of message reactions, WhatsApp is currently working on a system that will allow users to manage the reaction notifications they get. The Facebook-owned messaging app was first observed working on message reactions in August, similar to what is seen on Instagram, Twitter, or iMessage, and the feature is still in the early phases of development. The feature that sends notifications when someone reacts to a message has received mixed reactions. According to a recent report by WABetaInfo, some users prefer to get reaction notifications, while others desired…
Read MoreDelhi metro introduces free WiFi at yellow line metro stations.
The Delhi Metro introduced free high-speed Wi-Fi access from all Metro stations along the Yellow Line, which runs from HUDA City Centre to Samaypur Badli. In a press release, the Delhi Metro Rail Corporation (DMRC) mentioned that the Wi-Fi service is being launched on the Yellow Line, which consists of 37 Metro stations and runs mostly underground through one of the most congested areas of Delhi, covering outer Delhi, north Delhi, central Delhi, south Delhi, and finally Gurugram. Over 330 access points have been placed at these 37 stations to…
Read MoreFacebook bans the sale of amazon conservative areas on its family of apps
Facebook has announced that it will no longer enable the sale of land in Amazon rainforest conservation areas through its marketplaces or its Instagram and WhatsApp services. The announcement came as Facebook defended itself against charges that it has always prioritized business over societal good, prompting some online to wonder why it had allowed sales of precious rainforest land in the first place. “We are updating our commerce policies to explicitly prohibit the buying or selling of land of any type in ecological conservation areas on our commerce products across…
Read More