Bengaluru-based Varaha platform has raised $4 million in a seed funding round. The platform was founded in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur. Bengaluru-based Varaha, a technology-enabled platform for generating carbon credits through nature-based solutions, has raised $4 million in a seed funding round led by Orios Venture Partners, with Omnivore, RTP Global, Better Capital, and other angel investors participating. Varaha was founded in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur to modernise carbon markets through diverse climate action projects that are vetted using advanced remote sensing…
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Java Capital Launches Rs 75 crore Seed Stage Fund
Java Capital has launched its first fund with a corpus of Rs 75 crore. The Fund has achieved its first close at Rs 30 crore and expects to do a final close in the next six months. Java Capital, a SEBI-registered Alternate Investment Fund (AIF) focused on seed-stage investments, has launched its first fund with a corpus of Rs 75 crore, including a greenshoe option of Rs 25 crore. The Fund, according to the firm, has completed its first close at Rs 30 crore and expects to complete its final…
Read MoreAdobe to begin selling AI-generated stock images
Adobe has announced that it will sell images generated by AI-powered tools Rapid advancements in generative AI systems have increased their popularity over recent months. Adobe has announced that images generated by AI-powered tools such as DALL-E, Stable Diffusion, and Mid journey will be sold. In recent months, rapid advancements in generative AI systems have increased their popularity. Shutterstock announced in October that it was expanding its partnership with DALL-E creator OpenAI. Shutterstock will offer DALL-E images to customers as part of the expanded partnership. Concerns have been raised about the…
Read MoreNew Google Chrome update lets users login without typing passwords
Google launches passkeys for Chrome. The new passkeys feature is available with the Chrome Stable M108. Passkeys are better than passwords as it eliminates the need to remember passwords. Google has introduced passkeys for Chrome users. Google integrated the password-less secure login process into Chrome Stable M108 after a testing stage that began in October. The new passkey feature will work on both desktop and mobile Windows 11, macOS, and Android devices. Furthermore, Google allows users to sync their security key from Android to other devices while using Chrome, either…
Read MoreAICRA Signs MoU with USI to reaffirm Atmanirbharta in the Defense sector.
The All India Council For Robotics & Automation has signed an MoU with the United Service Institution of India (USI), a national security and defense services think tank based in New Delhi to collaboratively work towards exploring and studying new technology offerings to the Indian Defense sector. This MoU also signifies the unwavering commitment of both Organizations in supporting the technology startups and Defense (Army, Navy, Airforce) for research and supplies to develop indigenous equipment and weapon systems in line with Atmanirbharta in Indian Defense. Maj. General Pawan Anand from…
Read MoreUniqus 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,…
Read MoreTwitter 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…
Read MorePersonal 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…
Read MoreTop 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…
Read MoreLegal-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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