Tata’s super app ‘Neu’ is all set to launch this week

The Tata group will launch their super app ‘Neu on April 7th’. In the digital e-commerce industry, Neu will compete with Flipkart, Amazon, and Jio platforms. The news was made via a teaser graphic on the Google Play Store page. The Neu’s first public announcement coincided with the ongoing Indian Premier League cricket tournament. The Neu’s first public announcement coincided with the ongoing Indian Premier League cricket season. Tata Neu is a centralised platform that will integrate different brands across the Tata product and service portfolio. This super app, according…

Bombay Play raises $7 million led by Kalaari Capital

Bombay Play, a hyper-social gaming platform, has secured $7 million in a round headed by Kalaari Capital. Lumikai Fund, Leo Capital and PlayCo, AdvantEdge VC, and AMEA Ventures all participated in the round, as did online gaming platform Winzo. The fresh funds will be used to expand the company’s existing “hyper-social” game offerings, support prospective ventures, and allocate cash to product development. The Bengaluru-based startup, founded in 2018 by Oliver Jones and Abhas Saroha, employs 50 individuals. By the end of 2023, it intends to double its workforce. Bombay Play…

Tesla CEO Elon Musk takes 9.2 per cent stake in Twitter

Elon Musk, the CEO of Tesla Inc (TSLA.O), has built a 9.2% stake in Twitter Inc (TWTR.N), according to a regulatory filing released on Monday, sending the microblogging site’s shares up 16% in premarket trading. Late in March, the Silicon Valley billionaire stated that he was “considering” creating a new social networking site. Musk was responding to a Twitter user who asked whether he would consider creating a social media platform based on an open source algorithm that prioritised free expression and had less propaganda. Musk, a prolific user of…

upGrad sets up not-for-profit foundation, commits Rs 50 crore corpus fund

UpGrad, an upskilling and higher learning edtech company, announced the opening of upGrad Foundation, a philanthropic and non-profit division on Monday. The foundation plans to focus on a variety of working professionals, including first-generation students, women returning to the workforce, and those in the public sector or the military forces, with a capital of Rs 50 crore. “LifeLongLearning, upskilling, and career enhancements can no longer be the right of only those who can afford it. Online learning has changed the perspective of all working professionals around the world and how…

Enkash raised $20 million in a new round of funding led by Ascent Capital

Enkash, a corporate spend management business backed by fintech entrepreneurs Amrish Rau and Jitendra Gupta, has acquired $20 million in a new round of funding led by Ascent Capital, Baring India Private Equity Partners, and Singapore-based White Ventures. Other backers already on board Axilor Ventures and Mayfield India also took part in the investment round. The fintech firm provides a payments management platform for businesses, including corporate card issuance. The Mumbai-based firm plans to utilise the capital to expand its offerings around banking-as-a-service, scaling up its ‘plug and play’ cards…

Stem innovation challenge: A platform for budding innovators to shine

The All India Council for robotics and automation through its ambitious initiative India stem mission launches the STEM innovation challenge. The innovative global challenge is expected to engage budding STEM innovators all around the world. This space provides STEM enthusiasts with a platform to show off their ideas and impeccable skills in science, technology, engineering, and maths. Sharing the details of the competition, the organizers said that STEM Innovators can now submit their entries online to participate in the challenge. Interested candidates are required to shoot a self-explaining video of…

Tweetdeck May Soon Become A Paid Feature

Tweetdeck, Twitter’s productivity tool, may soon be combined with Twitter Blue, the company’s subscription service. Reverse engineer Jane Manchung Wong claims that Twitter has built up a new signup page for Tweetdeck that highlights two important modifications. To begin with, the legacy Tweetdeck platform may be “deprecated in the future.” Second, unlike the previous Tweetdeck, the new Tweetdeck is being advertised with an ad-free experience. Wong also points out that Twitter isn’t modifying the UI of the legacy Tweetdeck, but rather creating a new platform for subscribers from the ground…

Facebook-Meta Resorts to Smear Tactics Against TikTok

Facebook was caught red-handed eleven years ago after it engaged a prominent public relations firm to try to plant stories in major news publications harshly criticising Google’s privacy practises. In 2018, it engaged Definers, a public relations firm, to conduct opposition research on the company’s opponents, including George Soros, a wealthy philanthropist. Elliot Schrage, Facebook’s longstanding head of communications, accepted responsibility for the employment of Definers and comparable firms and resigned. The Washington Post reported on Tuesday that Facebook’s parent company, Meta, is employing similar strategies to combat another rival,…

MIT launches cross-disciplinary program to boost AI hardware innovation

The AI Hardware Program, announced by MIT, is a new academic-industry alliance aimed at boosting research and development. “A sharp focus on AI hardware manufacturing, research, and design is critical to meet the demands of the world’s evolving devices, architectures, and systems,” says Anantha Chandrakasan, dean of the MIT School of Engineering, and Vannevar Bush Professor of Electrical Engineering and Computer Science. “Knowledge-sharing between industry and academia is imperative to the future of high-performance computing.” As the diversity of the inaugural members shows, the program is intended to be a…

More than 10 lakh Indian WhatsApp accounts were banned in February

Every month, WhatsApp bans lakhs of accounts in India, and the picture remains the same in February. According to the IT Rules 2021, the Meta-owned instant messaging platform released its ninth monthly report for the month of February 2022, stating that more than 10 lakh WhatsApp accounts (1.4 million to be exact) were banned between February 1 and 28. These accounts may have been banned for engaging in detrimental behaviour on the network, such as harassing other users, spreading false information, and so on. “Over the years, we have consistently…