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Uniqus Consultech raises $12.5M in a Series A round led by Nexus

Uniqus Consultech announced the launch of its operations by raising US$12.5 million in a Series A funding round. The investment also marks the first investment for Sorin Investments, an early-stage tech fund founded by private equity veteran Sanjay Nayar, Former Chairman of KKR India. Uniqus Consultech, a tech-enabled global platform that provides ESG and accounting and reporting consulting, announced the launch of its operations by raising US$12.5 million in a Series A funding round for the sale of a minority stake. The funding round was led by Nexus Venture Partners,…

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Twitter Verified subscription with blue, grey, gold checkmarks launching today: Report

Twitter is working to launch the new Verified subscription today, a new report suggests. The launch may be scheduled for Friday but the roll out is estimated to begin next week, according to a report by The Verge. Twitter is working to launch the new Verified subscription today according to a new report. Elon Musk, Twitter’s new CEO, has not confirmed the rollout. He had previously stated that it would be available in the first week of December. According to The Verge, the launch is scheduled for Friday, but the…

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Personal data of 6 lakh Indian hacked and sold on bot markets for Rs 490 each

Hackers are stealing digital data and selling it in underground markets. Identity theft is carried out by planting malware in the victim’s computer. AIIMS Delhi recently faced a cyber-attack that compromised the sensitive information of millions of patients. Sensitive data from at least five million people worldwide, including 6 lakh Indians, was hacked and sold on the bot market. According to reports, nearly 12% of all data sold in bot markets so far belongs to Indian users, making India one of the worst affected countries by cyber identity theft. According…

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Top 5 Advanced Humanoid robots

Humanoid robotics is a new and challenging research field that has gotten a lot of attention in recent years. Humanoid robots, despite being one of the smallest groups on the market today, have the greatest potential to become the future industrial tool and will continue to play a central role in robotics research and many 21st-century applications. Understanding human-like information processing and the human brain’s underlying mechanisms in dealing with the real world is one of the common issues addressed in humanoid robotics. They are currently expected to serve as…

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Legal-tech startup Amikus AI raises over Rs 96 lakh in a pre-Seed round

AI-powered legal-tech startup Amikus AI said it has raised over Rs 96 lakh in a Pre-Seed funding round The funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning developers. AI-powered legal-tech startup Amikus AI said it has raised over Rs 96 lakh in a Pre-Seed funding round led by Inflection Point Ventures (IPV), a Gurugram-based angel investment firm. According to the startup, The funds raised will be utilized to expand the product team, including employing more front-end, back-end, and machine-learning developers. Founded…

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Ed-tech startup Vedantu fires 385 more employees, sacks over 1000 in 2022

Vedantu has reportedly laid off 385 employees. Vedantu is conducting fourth round of layoffs this year. Vedantu’s current workforce stands at slightly over 3300. The Indian ed-tech startup picture is currently facing challenges, with layoffs occurring on a regular basis. The most recent one comes from Vedantu, a well-known educational technology company. According to reports, the company has laid off 385 employees, or slightly more than 11% of its workforce, in the fourth round of layoffs this year. This brings the total number of layoffs at the ed-tech firm this…

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Telegram now lets new users sign up with anonymous number

WhatsApp and Signal require personal mobile numbers to log into the platform. Telegram says users can log in without their numbers. But they’ll need to purchase an anonymous phone number on Fragment. Telegram, WhatsApp’s rival, has announced an update that will allow new users to sign up without a SIM card. According to the company, the feature prioritises privacy, and users can log in with a blockchain-powered anonymous number available on the Fragment platform. If users are not comfortable sharing their own phone numbers, they will need to purchase an…

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HealthKart raises $135M in a funding round led by Temasek

Health tech startup HealthKart has raised $135 million in a funding round led by Temasek, along with the participation from A91 Partners and Kae Capital. According to HealthKart, the raised capital will be used to build its direct-to-consumer (D2C) brands, increase its offline distribution, expand international operations, and acquisitions. Last fortnight, the startup raised $65 million in a funding round from Temasek with the participation of A91 Partners, according to its regulatory filings. Founded in 2011 by Sameer Maheshwari and Prashant Tandon, Healthkart offers a variety of fitness products and…

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Google Is Shutting Down Duplex on the Web AI Service

Google is pulling the plug on its Duplex on the Web AI service The service Google is pulling the plug on its Duplex on the Web AI service Google has announced the closing of its Duplex on the Web service, an AI-powered tool launched in 2019 to assist customers with a variety of online tasks such as buying airline tickets or streamlining the check-in process for flights on airline websites. As originally reported by TechCrunch, Google has updated the Duplex on its Web support page. According to the page’s current…

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Adobe is the latest tech giant to cut jobs to reduce expenses

Adobe employed nearly 28,700 workers, as per the company’s Q3 2022. The company has fired nearly 100 employees, mainly from the sales team. Adobe says it is not doing companywide layoffs and it is still hiring for critical roles. Adobe reportedly laid off nearly 100 employees, the majority of whom worked in sales. The cuts were made to cut costs, though the magnitude is much smaller than the thousands of job losses at Amazon, Meta, and Twitter. According to the company’s financial report for the third quarter of 2022, it…

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