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Jammu & Kashmir to introduce unique IDs for each family

The Jammu and Kashmir administration will create a database of all families living in the Union Territory and allot them a unique alpha-numeric code, PTI reported on Sunday, citing officials. The database – JK Family ID – will be used to determine eligibility of beneficiaries of various social welfare schemes. Prerna Puri, the commissioner secretary of the Information Technology Department of Jammu and Kashmir said “Once the data in the JK Family ID database is authenticated and verified, a beneficiary will not be required to submit any more document to…

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The rise of the start-up ecosystem in India

On 16th January of 2016; the Indian government launched the Start-up India initiative with the purpose of supporting the Indian startup ecosystem and encouraging the innovative and creative minds of our nation. The plan was put into action by following these three strong pillars: handholding and simplifying Funding, Support, and Incentives Industry-Academia Partnership and Incubation To reduce the dependence of Indian startups on foreign sources, the government implemented the Fund of Funds for Start-ups (FFS) and the Start-up India Seed Fund Scheme (SISFS). It was to provide investments to startups that…

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Generative AI startup Hexo raises $270K in a pre-seed round led by Antler India

Generative AI startup Hexo has raised $270,000 in a pre-seed funding round led by Antler India, via the VC firm’s Antler India Residency initiative. Founded by Vignesh Baskaran and Kunal Bhati, The startup is building an open-source image generation API that offers a wide range of controls to make image generation more predictable and accurate. This fine-tuner product for enterprises is targeted at enabling them to easily build custom image generation engines based on the company’s design language, products, characters, IP etc. “Our first product is a fine-tuner for enterprises to build custom…

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DigiYatra avaialble at Delhi T3 airport

DigiYatra is a digital service for passengers travelling via flight. The service uses facial recognition technology to process air travellers during boarding service. DigiYatra is currently available at Delhi T3, Bengaluru, and Varanasi airports. The IGI airport is witnessing an increase in daily passengers because of the holiday season. As a result, travelers are facing long queues on boarding, checking, security stops, and disarray during rush hour. To control the situation, airport authorities and airlines have requested air travelers to come 3 hours before their flight departure. Yet things will…

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India will be first to hold satellite spectrum auction: Trai Chairman

 India will be the first country to auction spectrum for satellite communication said telecom regulator Trai chairman PD Vaghela said on Tuesday. Telecom Regulatory Authority of India (Trai) will soon make recommendations to make permissions required for satellite communication from various ministries. India will be the first country to auction spectrum for satellite communication, and it should be designed to attract investments in the sector, telecom regulator Trai chairman PD Vaghela said on Tuesday. Vaghela stated at a Broadband India Forum summit on SatCom that the Telecom Regulatory Authority of…

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Healthtech startup In-Med Prognostics raises $2.13M in funding led by Exxora

In-Med Prognostics, an AI-based health tech startup, has raised $2.13 million in a new funding round. The raised capital will be used towards expanding its product portfolio and tap global markets. Pune-based In-Med Prognostics, an AI-based health tech startup, has raised $2.13 million in a new funding round led by Exxora, along with the participation from angel investors. According to the startup, the raised capital will be used towards expanding its product portfolio and tap global markets. In-Med Prognostics, founded in 2018 by Latha Poonamallee and Rajesh Purushottam, offers AI-powered image processing proprietary…

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Virtual reality startup iXRLabs raises $800K in a seed round

iXRLabs has raised $800,000 in a seed funding round. The startup plans to use the raised capital for scaling up the product.   iXRLabs, a Virtual Reality (VR) edtech startup for higher education, has raised $800,000 in a seed funding round led by an infrastructure development industry angel investor. The startup intends to use the funds raised to expand the product. Nihar Madkaiker founded iXRLabs, which provides experiential and immersive VR educational modules to universities and colleges in engineering, medicine, and sciences. According to the startup, its goal is to…

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IoT platform ThingsUp raises $600K in a seed round led by Silverneedle Ventures, others

Pune-based ThingsUp has raised $600,000 in a seed funding round. The funds raised will be used to double down on the product development, sales, and operations teams. ThingsUp, a Pune-based low-code platform that assists businesses in developing and deploying IoT applications, has raised $600,000 in a seed funding round led by Silverneedle Ventures, Udyat Ventures, Lead Angels, GSF (an existing investor), and other angel investors. The funds raised will be used to expand the product development, sales, and operations teams, according to the startup. It will also introduce two additional…

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DeepMind launches new AI tool, Dramatron, to write film scripts

DeepMind Technologies introduced Dramatron, a new AI film writing tool, on December 9th, amid the ongoing fascination with ChatGPT’s script-writing ability. DeepMind is a subsidiary of Alphabet Inc., Google’s parent company, which recently announced this tool for writing screenplays and professional scripts on Twitter. The company also mentioned the experts’ thoughts on this tool in another tweet. What does it offer? This new tool allows writers to rewrite, re-edit, compile, and draft their story by using an Open-AI OPI and Perspective API that detects and filters hate speech on the…

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What Sundar Pichai said about Google layoffs?

Sundar Pichai added that he cannot make “forward-looking commitments.” Last week, a report claimed Google would fire nearly 10,000 employees. Twitter, Amazon, and Meta have fired thousands of employees in the last two months. Google appears to be the next major tech giant to lay off thousands of employees to reduce operating costs in the face of uncertain macroeconomic conditions. Google parent Alphabet was reported to be laying off nearly 10,000 employees in the coming weeks last week. Following an all-hands meeting last week, things at Google have become tense….

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