New Delhi | Updated 03-08-2024, 01:19 PM Meta’s Q2 revenue hits $39.1 billion, with a 22% year-over-year increase. India becomes Meta’s largest market for AI usage, particularly on WhatsApp. Meta expands AI assistant to seven new languages, including Hindi, and sees growth in its Threads platform. India has emerged as Meta’s largest market for AI usage, CEO Mark Zuckerberg revealed during the company’s second-quarter earnings call. This milestone highlights the rapid adoption of AI technology in India and Meta’s growing presence in the country. “We are seeing particularly promising…
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Chandrayaan-3 Success Boosts Startup Interest in Indian Space Sector: Former ISRO Scientist
New Delhi | Updated 03-08-2024, 12:51 PM ISRO’s Chandrayaan-3 mission sparks startup interest in Indian space sector, says ex-ISRO scientist Nambi Narayanan. Tamil Nadu Minister TRB Rajaa and Narayanan launch Vaanam Space Tech Accelerator to support space startups. Vaanam aims to nurture startups with expertise and funding, evaluating six startups this year. The successful Chandrayaan-3 mission by ISRO has ignited a wave of interest among startups aiming to enter the Indian space sector, according to former ISRO scientist Nambi Narayanan. This enthusiasm was evident at the launch of the…
Read MoreTechnoXian World Robotics Championship 2024: A Global Confluence of Innovation and Competition
New Delhi | Updated 01-08-2024, 03: 32 PM The TechnoXian World Robotics Championship 2024 is set to break new records and elevate the standards of global robotics competitions. Scheduled to take place from August 24th to 27th at the Noida Stadium, this prestigious event will witness unprecedented participation and groundbreaking challenges. Key Highlights: 50+ Countries Participating: Teams from over 50 countries will converge to showcase their robotic innovations and compete for top honors. Record-Breaking Participation: With 50,000 participants from 5,000 schools and colleges, TechnoXian 2024 is poised to set a…
Read MoreMeta Top Executive Says India Is the Largest Market in the World for Meta AI Usage
New Delhi, UPDATED: Aug 1, 2024 02:52 IST In Short Meta’s Q2 earnings show a 50% share rise and 22% revenue growth. India is the largest market for Meta AI usage. Meta AI rolled out in India in June 2024 on WhatsApp, Facebook, Instagram, and Messenger. Meta reported its second-quarter earnings on Wednesday, revealing a significant milestone: its shares have risen by nearly 50%, and revenue has increased by 22% this quarter. Central to these achievements is the Indian market. During the earnings call, Meta CFO Susan Li highlighted India…
Read MoreDebut of Startup Dangal at Startup Mahakumbh 4.0: Vetdiag Genomix Emerges as Winner
Vetdiag Genomix, founded by Dr. G. Mohana Sheela, won the inaugural Startup Dangal competition with its innovative solutions. The debut of Startup Dangal featured diverse startups from various sectors, highlighting the vast potential and dynamic nature of India’s entrepreneurial ecosystem. The event provided startups with visibility, networking opportunities, and valuable feedback from industry experts, setting a promising precedent for future editions of the competition. New Delhi,02-07-2024– The highly anticipated debut of Startup Dangal took center stage at Startup Mahakumbh 4.0, marking a significant milestone in the event’s history. Organized…
Read MoreArthmate Wins ‘Best Startup Initiative in AI Sector’ Award at Startup Mahakumbh
Arthmate offers a comprehensive digital lending tech solution, analytics-based risk tools, and capital for lending through its NBFC and partner banks/NBFCs. Includes a Credit Exchange Platform, Credit Cloud with plug-n-play API lending stack, and an advanced Risk Engine utilizing non-traditional data for better predictive models. One-stop solution for credit and lending-tech, profitable since inception, low GNPA in retail/MSME lending, rapid partner integration, and scalable product portfolio. New Delhi, 30-06-2024 — Arthmate, founded by Ranjan Kant, has been awarded the ‘Best Startup Initiative in AI Sector’ at Startup Mahakumbh 2024….
Read MoreREBOOT ACADEMY Wins Robotics Startup of the Year Award at Startup Mahakumbh 2024
Revolutionizing robotics education in schools through AI integration. Empowering students with future-ready skills in robotics and AI. Fostering creativity and problem-solving through practical learning experiences. New Delhi, 30-06-2024 – Reboot Academy, founded by Anshu Dubey, has been honored with the prestigious “Robotics Startup of the Year” award at Startup Mahakumbh 2024. This accolade recognizes Reboot Academy’s pioneering efforts in transforming robotics education through innovative AI technologies. Reboot Academy is committed to reshaping how robotics is taught in schools by integrating AI into the curriculum. This approach aims to create…
Read MoreMetaverk Wins Blockchain Startup of the Year Award at Startup Mahakumbh 2024
Developed proof-of-concept (POC) for a prominent education institute using Mixed Reality. Implemented Virtual World showrooms for a leading construction company to enhance customer engagement. Recognized for pioneering efforts in blockchain technology across diverse sectors. New Delhi,30-06-2024 – Metaverk, founded by Vikas Ahuja, has been awarded the prestigious Blockchain Startup of the Year at Startup Mahakumbh 2024. This accolade celebrates Metaverk’s innovative use of blockchain technology to revolutionize industries and enhance customer experiences. Metaverk’s standout achievements include creating a proof-of-concept (POC) for a prominent education institute, leveraging Mixed Reality to transform…
Read MoreShubhavni SmartFarms (OPC) Private Limited Wins AgriTech Startup of the Year Award at Startup Mahakumbh 2024
Recognized for pioneering aeroponic technology in saffron cultivation Celebrates achievements in sustainability and rural women empowerment Commended for reducing saffron import dependence and enhancing quality standards New Delhi, India – 30-06-2024— Shubhavni SmartFarms (OPC) Private Limited, founded by Shubha Bhatnagar, has been awarded the prestigious AgriTech Startup of the Year at Startup Mahakumbh 2024. The award recognizes Shubhavni SmartFarms’ pioneering use of aeroponic technology to revolutionize saffron cultivation. Shubhavni SmartFarms specializes in growing high-quality, pesticide-free saffron using soil-free aeroponic methods. This innovative approach ensures precise control over growing conditions,…
Read MoreNuStartz Wins Best Startup Knowledge Provider Award at Startup Mahakumbh 2024
Recognized for pioneering AI-driven solutions in market analysis for startups Mission focused on guiding startups through product development and scaling Founder Reena Dejgambhir leads with a commitment to innovation and client success New Delhi, 30-06-2024: NuStartz, a leading initiative under Numentica Consulting Group, has been honored with the prestigious “Best Startup Knowledge Provider” award at Startup Mahakumbh 2024. Founded by Reena Dejgambhir, NuStartz specializes in empowering startups with comprehensive extended team support, guiding them through product development, launch, and scaling phases. At NuStartz, innovation is central to their approach…
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