Introduction: For the first time, Odisha Police is set to use AI-powered technology to manage traffic and crowds during the Rath Yatra. This initiative marks a significant step in enhancing public safety and traffic efficiency. Partnership: The initiative is in collaboration with IG Drones, an Odisha-based leading drone and AI company supported by StartUp Odisha. IG Drones has an extensive …
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ACIC-BMU Start-ups Featured in Atal Innovation Mission’s SDG Coffee Table Book
National, 24 June 2024: The Atal Community Innovation Centre at BML Munjal University (ACIC-BMU) announced that two of its incubated start-ups have been featured in the prestigious SDG Coffee Table Book by Atal Innovation Mission (AIM). This publication highlights innovations that align with the Sustainable Development Goals (SDGs), emphasizing ACIC-BMU’s commitment to fostering entrepreneurship and sustainable development. This recognition underscores …
Read More »AI Design Innovator Nirwana.AI Secures Seed Funding at Over Rs. 100 Crores Valuation to Revolutionize Interior Design
Nirwana.AI, an advanced AI design tool, has secured significant seed funding, raising its valuation to over Rs. 100 crores. The investment, sourced from a prominent Canadian company and HNI Family Offices, signifies a pivotal moment for Nirwana.AI, which is set to transform the interior design industry with its state-of-the-art AI technology. Founded by a team of experienced entrepreneurs—Kapil Gupta, a …
Read More »Otipy Partners with QueueBuster POS for Enhanced Electric Cart Operations
QueueBuster, a prominent Android-based point of sale (POS) solution provider, has announced a strategic partnership with Otipy, India’s leading fresh produce app known for delivering farm produce within 12 hours of harvest. This collaboration aims to revolutionize the retail experience by integrating QueueBuster’s advanced POS technology with Otipy’s innovative electric carts. The partnership involves incorporating QueueBuster’s state-of-the-art POS system into …
Read More »Government’s AI Advisory: IT Minister Clarifies Key Points for Startups
The IT minister, Rajeev Chandrasekhar, clarified that the advisory pertains to major platforms rather than startups. He stressed the significance of obtaining user consent and underscored Google Gemini’s infringement of IT laws. Seeking approval and appropriately labeling AI content serves as a safeguard for tech firms against legal issues, ensuring the safety and trustworthiness of India’s internet. Recently, the government …
Read More »AIMicrosoft, iCreate, and MeitY Collaborate to Boost Indian Startups in AI
The Ministry of Electronics and Information Technology (MeitY) has forged a partnership with Microsoft and iCreate to introduce the iMPEL-AI program, to energize Indian artificial intelligence (AI) startup landscape. This strategic collaboration is poised to revolutionize how AI innovations are fostered in India, paving the way for solutions that address both local and global needs. Minister of State for Electronics …
Read More »Indic Wisdom raises INR 4 Crores in Pre-Series A Funding led by Inflection Point Ventures.
Indic Wisdom, a startup focused on agricultural produce, has raised INR 4 crores in a Pre-Series A round with Inflection Point Ventures leading the investment. Other participants include Mahendra Sankhe, Launch Capital, Bifco Finance, and several high-net-worth individuals. The capital infusion aims to bolster the brand’s visibility, expand its distribution network, and enhance production capacity to strengthen its market presence …
Read More »Report: Flipkart Considering Acquisition of Dunzo, Backed by Reliance
Flipkart, a Walmart-backed e-commerce company in India, is reportedly in talks to acquire the on-demand delivery platform Dunzo, which is supported by Reliance Industries, according to a report by TechCrunch. However, discussions have faced challenges due to complexities related to Dunzo’s ownership structure, hindering progress toward a deal. Reliance Industries, having acquired a 26% stake in Dunzo in 2022, has …
Read More »Tata Steel Hosts ‘IGNITIA’ Start-up Night to Celebrate Innoventure’s Success
Tata Steel recently hosted the inaugural edition of ‘Ignitia,’ a startup night event, to commemorate the accomplishments of its renowned startup engagement initiative, ‘Innoventure.’ This event, held in Jamshedpur on February 16, witnessed the participation of over 300 individuals, including founders from more than 20 startups and senior leadership from Tata Steel. During the event, Tata Steel recognized exceptional projects …
Read More »QuackQuack, India’s top dating app, hits 30 million users.
In the era of online dating, QuackQuack, India’s most popular dating app, celebrates a significant achievement, surpassing 30 million users. This milestone highlights the app’s commitment to fostering genuine connections, offering updated features, and prioritizing user satisfaction. Founder and CEO Ravi Mittal expressed gratitude for the overwhelming support and outlined the app’s recent growth, including increased downloads, a rise in …
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