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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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Government schemes to build thriving startup ecosystem

India is making progress toward its goal of creating a thriving startup ecosystem. To encourage and support startup owners, the government has launched various schemes over the past few years. Startup India initiative intends to build a strong ecosystem that is conducive for the growth of startups. It aims to empower startups to achieve growth through innovation and technology. To promote growth and help the Indian economy, many benefits are being given to entrepreneurs establishing startups. SAMRIDH Scheme Ashwini Vaishnaw,  Minister of Electronics Information and Technology (MeitY) launched the SAMRIDH…

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Ready, Set, Pitch : Investors guidance to startups

Startup investors aren’t benevolent angels; they’re searching for certain cues to persuade them to part with their money. There are certain factors that startup founders need to be prepared for when trying to raise investments for their company. Startup owners are continuously looking for the right connections, be it the right networking contact or a credible person who can introduce them to the right investor. However, End of the day, it’s not about who you know but more about what you’ve got…!!! One harsh reality is there is no shortcut…

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Hackers are spreading malware through Microsoft Teams chats

Hackers have devised a scary effective method of infecting millions of users in one go. Hackers have started dropping harmful executable files in Microsoft Teams discussions, resulting in new sorts of intrusions. Anyone in the chat room who thereafter opens this file becomes infected with malware. It’s easy to understand how the attacks may be used to infect a huge number of people at once. Microsoft Teams is a messaging, task, and, of course, critical office file sharing platform that is used by large organizations. Hackers then smuggle a harmful…

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Amazon India launches startup accelerator 2.0

Amazon India launched the second season of its ‘Global Selling Propel’ startup accelerator on Wednesday to help emerging Indian brands and startups reach global customers. Participating startups will be eligible to win a total equity-free grant of $100,000 from Amazon, as well as $10,000 in free AWS credits. The startup accelerator is accepting applications until March 14th. The programme, according to the company, will allow startups to present their business models to partner VC firms such as Accel, DSG Consumer Partners, Fireside Ventures, and Sequoia Capital India. “We saw great…

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Jio Platforms picks up 25 percentage stake in US-based tech startup TWO for $15 mn

Jio Platforms, led by RIL promoter Mukesh Ambani, has purchased a 25% stake in TWO Platforms, a deep-tech startup based in the United States, for $15 million. TWO Platforms is an artificial reality company that focuses on building interactive and immersive AI experiences. It was founded by Indian-origin computer scientist Pranav Mistry in July of last year. Its platform enables AI voice and video calls in real time, as well as digital humans, immersive environments, and life-like gaming. “We are impressed with the strong experience and capabilities of the founding…

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Microsoft will step up experimentation on new features for Windows 11, even if they never get released

Microsoft is ramping up the Windows Insider programme with Windows 11. In announcing its strategy for 2022, Microsoft announced that future Insider releases will focus on “trying out different concepts” with Microsoft’s features and services. In a blog post, Windows Insider programme lead Amanda Langowski stated that the Dev Channel will be restructured as a “place to incubate new ideas.” Microsoft will now be able to work on long-lead items as well as control the states of individual features through the Dev Channel. The basic idea is to simply step…

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Senior executives leave Better.com as CEO Vishal Garg returns to his position

Better.com has been in the news. The board placed Garg on leave after his video received backlash on the internet since the viral video of CEO Vishal Garg firing over 900 employees surfaced on the Internet, . However, his hiatus was brief, and the better.com CEO returned to his post, prompting senior executives to resign. Since Garg’s return, the company has lost a number of senior executives. According to a TechCrunch report, Sarah Pierce, the executive vice president of customer experience, sales, and operations, and Emanuel Santa-Donato, the senior vice…

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Paytm Q3 results: Loss widens despite 34 percent growth in revenue

One97 Communications Ltd., the company behind Paytm, a digital payments service, reported a larger loss in the fourth quarter as it tries to recover from a disastrous initial public offering in November. The company reported a loss of Rs 780 crore in the December quarter, up from Rs 474 crore the previous quarter. According to a statement, revenue increased 34% from the previous quarter to Rs 1,460 crore. Paytm and its founder, Vijay Shekhar Sharma, have been attempting to get back on track following an IPO that raised $2.5 billion…

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Meta loses $230 billion in value in the biggest single-day crash, following Q4 earnings

The company’s and its co-financial founder’s results for the fourth quarter of 2021 have set in motion a rather dramatic chain of events. Facebook’s shares are now 25% lower than they were before Meta released the results showing a drop in daily active users. It is now being described as the largest one-day stock market crash in history. If you’re looking for figures, Meta’s market value has dropped by more than $230 billion (roughly Rs 17 lakh crore) since its earnings call. The stock market has taken a massive hit,…

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