Author: Ansh Singh

New Delhi: Paytm announced that Paytm General Insurance Ltd. (PGIL), an associate entity, is withdrawing its application for a general insurance license to concentrate on providing insurance through its fully-owned subsidiary, Paytm Insurance Broking Private Ltd. (PIBPL). This move allows One97 Communications Ltd. (OCL) to save Rs 950 crore initially allocated for investment in PGIL. In May 2022, One97 Communications Ltd. had revealed plans to increase its stake in PGIL to 74% with an investment of up to Rs 950 crore. However, the company is now focusing on PIBPL to enhance insurance distribution to Paytm users, small merchants, and SMEs.…

Chennai: Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced it has signed a deal with Stanbic Bank Kenya to facilitate a core banking upgrade and modernization effort. As part of the agreement, Orion will implement Temenos’ cloud-based digital banking platform within Stanbic Bank Kenya’s operations, enabling enhanced customer experiences and delivering innovative digital solutions. The entire servicing and delivery for the partnership will happen from Orion’s Chennai centre in India. As the Financial Services delivery hub in India, Orion’s Chennai centre features a state-of-the-art Innovation Lab that has developed bespoke solutions which seamlessly integrate with Temenos’ suite. Orion’s team of experts…

New Delhi: SwopStore, a leading Customer Acquisition platform for online businesses, is on track to achieve a Gross Merchandise Value (GMV) of 400 Cr. by the fiscal year 2024-2025. Building on its recent milestone of surpassing 5 Cr. GMV for the month of March 2024, the company is poised for exponential growth in the coming years. Throughout FY 2023-2024, SwopStore has demonstrated robust performance, with consistent Month–on–month growth of 40% in GMV and revenue. This impressive trajectory underscores SwopStore’s strategic initiatives, including targeted acquisitions, collaborations, and a steadfast commitment to customer satisfaction. By prioritizing market expansion and enhancing offerings through acquisitions and collaborations, SwopStore has solidified…

New Delhi: AI tutoring is quietly changing how kids study and learn, Answer AI one of the popular apps that uses smart AI to help students with things like writing papers or solving problems. Five out of the top 20 Ed-Tech apps in the world uses AI which help students with their schoolwork. Using AI tutors has two side, good one and bad one. They make tutoring more available and can customize learning. But sometimes, they give wrong answers or even make mistakes, which is what we can expect from the initial staze of AI. However, teachers are still determining AI, and some schools have…

New Delhi: Staying true to its commitment to provide non-stop entertainment, Colors Kannada is excited to present another star-studded family drama, “NINAGAAGI.” The new show is set to air from May 27th at 8:00 PM, Monday through Friday, promising an emotional journey of two contrasting individuals. In association with special partners Sparsh Masala, Ullas Agarbathi and Bhima Jewellers, Colors Kannada brings to life the captivating story of Rachana and Jeeva. Rachana, portrayed by Divya Uruduga of Bigg Boss Kannada fame, is a Kannada film superstar with over 100 films to her credit. Trapped in a golden cage by her controlling mother, she has been…

New Delhi: a leading name in health and fitness apparel, equipment, and supplements, is thrilled to announce its latest partnership with Blinkit, India’s premier quick commerce platform. This collaboration ensures that Boldfit’s premium products are now accessible for rapid 10-minute delivery across many cities in India, revolutionising the way fitness enthusiasts and health-conscious consumers access their essential products. Boldfit has consistently been at the forefront of providing high-quality fitness gear, including workout gear, fitness equipment, and dietary supplements. With a commitment to enhancing the health and wellness journey of its customers, Boldfit’s new alliance with Blinkit is set to offer…

New Delhi: Jio Leasing Services Ltd (JLSL), a part of Jio Financial Services, is set to buy customer premises equipment, devices, and telecom gear worth $4.32 billion from Reliance Retail over the next two years. This was mentioned in a notice sent to shareholders asking for their approval. JLSL is starting a Device-as-a-Service (DaaS) model, which means it will lease telecom devices and related services to Reliance Jio Infocomm customers. Reliance Retail, valued at about $100 billion in 2023, will sell these devices to JLSL at cost plus a profit margin. This deal will be one of the largest in…

New Delhi: Google has invested around $350 million in Flipkart, joining the list of big names supporting the Walmart-owned Indian e-commerce giant. Along with the investment, Google will also provide Flipkart with cloud services, according to a statement from the Bengaluru-based company on Friday. This funding is part of a larger $1 billion round that Flipkart started in 2023, with Walmart already contributing $600 million last year. Microsoft is also an investor in Flipkart. Flipkart, now valued at $36 billion, is a leading player in India’s e-commerce market, serving millions of customers, especially in smaller cities and towns. The company,…

New Delhi: Meet Rajan Singh, an IIT graduate who not only cracked the UPSC exam but also left a successful IPS career after eight years for a new path. An alumnus of IIT-Kanpur, Rajan Singh achieved what many aspire to—becoming both an IITian and an IPS officer. During his tenure, Rajan Singh was a highly respected IPS officer in Kerala, particularly noted for his role as the Police Commissioner of Thiruvananthapuram. In this position, he managed a force of 3,500 policemen and earned a reputation for his outstanding management skills. Despite his success in the police force, Singh decided to…

New Delhi: Microsoft is all set to integrate generative AI into Windows and the PCs that run it, during its annual Build developer conference, the company introduced Copilot+ PCs and new AI-powered features like Recall, which helps users find previously accessed apps, files, and content. Microsoft’s AI brand, Copilot, will become a more integral part of Windows 11, with new Surface devices also announced. Volumetric Apps: Microsoft is bringing Windows Volumetric Apps—interactive VR apps that are aware of their surroundings—to Meta Quest headsets. In partnership with Meta, Microsoft will enable Windows 365 and local PC connectivity on Quest devices, allowing…