Deliveroo, a global food delivery company, will open an India Engineering Centre in Hyderabad, joining overseas players such as Indonesia’s Gojek, Singapore’s Grab, and Japan’s Rakutan in establishing engineering offices in the country without operating here. The centre will be staffed by a new group and will be an integral part of Deliveroo’s central technology organisation. By the end of the year, the company expects to have over 150 engineers working in the areas of analytics, platforms, automation, and machine learning. “This is going to be the largest technology hub…
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OneBanc partners with Peoplestrong for automation of payroll banking
OneBanc, a neo-banking start-up powered by artificial intelligence, has teamed up with PeopleStrong, an HR Technology SaaS platform for businesses, to automate payroll banking at a time when attrition is on the rise. The automated process, which is powered by OneBanc’s proprietary AI-powered backend engine, can increase the in-hand salary of India’s 119 million white-collar professionals by up to 7% and corporate bottom lines by up to 10%. Payroll banking is a $6 trillion industry for white-collar professionals that is expected to grow to $8 trillion by 2025. The industry…
Read MoreResearchers develop hybrid human-machine framework for building smarter AI
Artificial intelligence underpins many areas of daily life, from chatbots that answer tax questions to algorithms that operate autonomous vehicles and provide medical diagnostics. According to experts at the University of California, Irvine, creating smarter, more accurate systems necessitates a mixed human-machine approach. They describe a new mathematical model that can increase performance by integrating human and computational predictions and confidence scores in a paper published this month in Proceedings of the National Academy of Sciences. “Humans and machine algorithms have complementary strengths and weaknesses. Each uses different sources of…
Read MoreKerala police to get training in AI, Data Analytics
Kerala Police, which is known for being one of the most technologically advanced departments in the country, is experimenting with disruptive technologies such as Artificial Intelligence and Data Analytics in order to stay ahead of the curve in this era of digital transformation. The Digital University Kerala, the country’s first on-campus digital university, is assisting them in this endeavour. Capacity Building in Responsible Artificial Intelligence and Data Analytics for the Police Department, a specially tailored training programme, was launched at DUK’s Pallippuram campus earlier this week, according to an official…
Read MoreEarly stage platform for investors LetsVenture launches new initiative for women entrepreneurs
LetsVenture, an early stage platform for investors and founders has established a new program called Women Founders Network (WFN) for women entrepreneurs in India to help build and run disruptive startups. The announcement follows the firm’s launch of the Women Investor Network (WIN) in 2021, which saw over 100 women from various backgrounds participate in the last year, including entrepreneurship, finance, marketing, engineering, finance, and more. “LetsVenture plans to onboard about 1000 women founders and investors on the platform in the next one year’s time through this initiative,” the release said. “Last…
Read MoreUS-based AI edtech marketplace WooStudy forays into India
Woostudy, based in New York, has announced the launch of its operations in India, claiming to be the world’s first AI-powered edtech marketplace. By 2024, the company expects to have over 1 lakh students registered on the platform, in partnership with over 5000 institutes and 500 counsellors across the country. WooStudy’s launch into India comes at a time when the edtech sector in India is expanding, with record investments in the last two years. The sector is also consolidating as the hybrid-education model gets traction. WooStudy was launched in 2019 with…
Read MoreIndia no longer just a low cost centre but main innovation hub: Chandra Reddy, head of engineering and R&D – India, Capgemini
Digital practises are increasingly accounting for a larger share of revenue for IT services firms. Digital has effectively cut across major core engineering verticals—manufacturing, automotive, wireless technology, logistics, and many more—with Covid-19 accelerating digital adoption. Despite Covid-19, according to a recent Zinnov report, engineering, research, and development (ER&D) spending has remained resilient, increasing by 3% year over year. It also predicted that global ER&D spending would reach $2.1 trillion by 2024, with a CAGR of 9%. This massive opportunity has attracted IT services brands from around the world to capitalise…
Read MoreIt’s time for India First tech startup conclave & awards : Bengaluru edition
The india first tech startup conclave & awards coming to the silicon valley of india: Bengaluru, after the success of its Delhi chapter. The conclave is one of the most influential and innovative event that has a collective goal to improve the tech startup ecosystem of india. The recent Delhi chapter of India first tech startup conclave & awards concluded with a note to continue its effort for the overall growth of techstartups and its processes. The Bengaluru edition of India first tech startup conclave & awards will be commenced…
Read MoreAICRA announced the 4th season of INDIA STEM SUMMIT AND AWARDS 2022
All India Council for Robotics and automation proudly announced the 4tg 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 to be held at Vigyan Bhawan, New Delhi on the 28th and 29th of April will engage participants around the globe to share and discuss their innovative practices, research initiatives, and educational tools…
Read MoreGoogle debuts subscription service Play Pass in India
Google, which has been at odds with the Indian startup and developer community for months, has announced the launch of Google Play Pass in India. Google Play Pass is a subscription service that provides access to many apps and games without ads, in-app purchases, or upfront payments. It is currently available in 90 countries. Play Pass will have 1,000+ titles from 59 different nations, including many from India, in 41 different categories. Play Pass, which has the ability to reach users in 90 countries, would provide Indian developers of all…
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