The Indian government has prohibited its employees from using non-government cloud platforms such as Google Drive and Dropbox. Employees of the government are also prohibited from using virtual private network (VPN) services. Some of the most popular VPN service providers, including NordVPN and ExpressVPN, recently announced the removal of networks in India. The move comes after the country’s new VPN policy was announced. According to multiple media reports, the order was issued by the National Informatics Centre (NIC) and distributed to all ministries and departments. The authorities have ordered that…
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Business
Google engineer sent on leave after he claimed AI chatbot has become sentient
Google’s spokesman Brian Gabriel said that the “company has reviewed Mr. Lemoine’s claims” and that the “evidence doesn’t support his claims”. Gabriel also said that Lemoine had been put on administrative leave. “Hundreds of researchers and engineers have conversed with LaMDA and we are not aware of anyone else making wide-ranging assertions, or anthropomorphizing LaMDA, the way Blake has,” Gabriel said in an emailed statement. Gabriel further said that companies in the artificial intelligence space are considering the long-term possibility of sentient AI, “but it doesn’t make sense to do…
Read MoreIndia Stem Summit & Awards to be conducted on June 22nd & 23rd,2022
All India Council for Robotics and automation is going to host the 4th season of INDIA STEM SUMMIT AND AWARDS, a super ecosystem event designed to showcase the diverse array of STEM by providing professional learning opportunities and embrace the collaboration and investment opportunities with the overarching collective goal to improve robotics and automation in India. The two-day event is to be held at Dr. Ambedkar International Centre, New Delhi on the 22nd and 23rd of June 2022. It will engage participants around the globe to share and discuss their…
Read MoreEdtech players go hybrid as online growth slows
Edtech companies are focusing on a hybrid strategy as the sector slows after two years of hypergrowth, as softening Covid-19 restrictions and the reopening of offline institutions encourage more students to return to traditional learning methods. PhysicsWallah, Byju’s, Imarticus Learning, Cuemath, Vedantu, and Unacademy are all in the process of expanding or establishing a physical presence. Going hybrid, according to edtech firms, is a logical move as education alters as a result of digitisation and developing technology. While online learning will continue to grow in popularity, classroom programmes will improve…
Read MoreIFTSC 2022: That’s a Wrap for India’s most influential startup event.
IFTSC 2022 witnessed Startup presentations, keynote sessions, and new product launches. AICRA signed MoU with Boston India Pvt ltd and AISECT. India’s largest and most influential startup event, “India First Tech startup conclave & awards 2022” organized by the All India Council for Robotics & automation under the India startup mission winds up its second chapter in the Silicon Valley of India- “Bengaluru”. The event kicked off on the 8th of June with more than 100 exhibitor companies including emerging tech startups that featured several innovative products and services. The…
Read MoreSaaS startup Kissflow leans on new low-code platform
Kissflow, a software-as-a-service company, announced on Tuesday that it is aiming for the $50 billion integrated work platform market with the launch of its unified low-code/no-code platform, which it claims would help organisations accelerate digital transformation. According to the company, the platform would unify the whole spectrum of task management for users ranging from end-users to teams, team managers, process specialists, citizen developers, and IT developers. “This is a long game for us,” Suresh Sambandam, CEO, Kissflow said. “So we are really looking at anywhere between three to five years,…
Read MoreBetterPlace acquires EzeDox in an all-cash deal
BetterPlace, a full-stack tech platform for frontline staff management, has announced the purchase of EzeDox, a no-code workflow builder platform, for an undisclosed sum. BetterPlace has consolidated its leadership position as the largest and only full-stack tech provider in the Indian frontline workforce management area, a $80 billion potential in India, with this acquisition. In its seed stage round, EzeDox was last valued at $2 million. BetterPlace will be able to automate and digitise its frontline personnel management procedures with EzeDox’s custom workflow builder capabilities from day one of operations….
Read MoreAnicut Capital raises Rs 110 crore to invest in startups
Anicut Capital, an investment management firm, announced on Tuesday that it had raised Rs 110 crore to acquire equity holdings in startups across a variety of industries. The Rs 500-crore Anicut Opportunities Fund I has reached its first closure. According to an official announcement, the fund would be used to invest in up to 15 growth stage enterprises. It also stated there is a Rs 250-crore greenshoe option for the newly launched fund, without divulging the details of the Rs 110-crore commitments. The firm also announced the appointment of Dhruv…
Read MoreOnline learning platform Physics Wallah enters unicorn club with $100 million funding
Physics Wallah, a self-funded online education startup, has raised $100 million in its first round of funding led by WestBridge Capital and GSV Ventures, making it the newest edtech to join India’s unicorn club. The company is worth $1.1 billion, according to a prepared statement released on Tuesday. Unicorns are startups valued at $1 billion or more that are privately held. Other edtech unicorns include the likes of Byju’s, Unacademy, Eruditus, Vedantu, UpGrad and Lead School. According to a prepared statement, the funds will be used for business expansion, branding, the…
Read MorePristyn Care acquires Tiger Global-backed health-tech firm Lybrate
Pristyn Care, a healthcare provider, has acquired health-tech firm Lybrate for an unknown sum in order to strengthen its operations and expand into primary care. Pristyn, which became a unicorn in 2021, offers innovative secondary care operations through a nationwide network of over 800 hospitals. Lybrate will be used to drive synergies with the company’s existing activities, according to the company. “Given the increasing demand for online health services, Lybrate makes a compelling strategic fit to give access to primary care to our patients via online consultation services. We truly…
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