Author: Ansh Singh

New Delhi: To make travelling quick and convenient for customers, SBI has introduced the “Nation First Transit Card.” This card makes it simple to pay for parking, water ferries, metro rides, and other services using digital tickets. Additionally, this card can be used by users to pay for purchases made in stores and online. The “Nation First Transit Card” from State Bank of India is a countrywide usable RuPay prepaid device that falls under the National Common Mobility Card (NCMC). The card is available everywhere for digital ticketing fare payments in parking lots, buses, subways, and water ferries. The card…

New Delhi:  Satyukt Analytics, a leading global ag-tech company, is thrilled to announce the expansion of its cutting-edge satellite-driven product, the Sat2Farm mobile app, to iOS users. This move is set to revolutionize farming practices, providing precision farming advisories to enhance crop yields and minimize input costs for farmers worldwide. The Sat2Farm Application, previously available on Android, offers detailed farm-level information covering extensive areas with real-time data, minimizing the necessity for labour-intensive farm management tasks. This cost-effective approach supersedes traditional methods and plays a pivotal role in advancing precision agriculture and sustainable crop management. It enables farmers with varying land sizes,…

Gurugram: Pee Safe, a leading hygiene and wellness brand owned by Redcliffe Hygiene Private Limited, has partially closed its Series B round. The company has received $3 million out of their total round size of $6 million (approximately INR 50 crore). The funding was led by Natco Pharma Limited, a leading pharmaceutical company, and Rainmatter Health, supported by Nithin Kamath and Nikhil Kamath, founders of Zerodha. Alkemi Growth Capital, an existing investor, also participated in the round. Originally launched in 2013 with just one product, a toilet seat sanitizer by Vikas Bagaria and Srijana Bagaria (husband-wife duo) out of a…

Delhi: Barista Coffee, a prominent player in the café industry, is delighted to announce the opening of 9 new outlets on August 23. This expansion showcases Barista Coffee’s unwavering commitment to extending its reach and delivering the exceptional coffee experience to an even broader audience. This achievement signifies the company’s expansion beyond its existing network of 380+ stores, reinforcing Barista’s prominent standing as a key player in the nation’s coffee culture. The newly established stores are strategically positioned in various cities, including Bhawanigarh, Sangrur (Punjab), Bachhuan (Punjab), Jeowal (Punjab), Hansi, Hissar (Haryana), Hissar, Hansi Highway (Haryana), Gwalior (Madhya Pradesh), Shimla (Himachal Pradesh),…

New Delhi: On Friday, the government-owned Bank of Baroda (BoB) stated that it had activated the UPI ATM facility at more than 6,000 ATMs nationwide. At its more than 6,000 ATMs nationwide, the Bank of Baroda has implemented UPI ATM function, allowing QR-based cash withdrawals. The National Payments Corporation of India (NPCI) and NCR Corporation worked together to launch UPI ATMs, making it the first public sector bank to do so, according to a statement from BoB. Customers of Bank of Baroda UPI ATMs can make cash withdrawals without needing a debit card, as well as customers of all participating…

New Delhi: The notion of changing the name of India to Bharat has gained steam recently and has sparked a heated debate across the country. The name change from India to Bharat will take place gradually to give organisations and people time to adjust to the new name and any resulting changes. There will be a gradual transition to the new emblems in official documents, money, and other national symbols. The renaming of India as Bharat is a remarkable and audacious move towards preserving its rich cultural past and embracing its diverse identities. The nation sends a strong statement to…

Mumbai: Venture Catalysts, India’s largest early-stage investment firm, has announced that it has made a partial exit from its portfolio Cusmat Technologies (Cusmat), an immersive skilling platform that large enterprises use to upskill their industrial workforce, with over 4.2 x returns in less than three years, resulting in more than 60% XIRR. Venture Catalysts had first invested in Cusmat’s seed round in 2020 and took an exit in the $3.5 million Series A round that the startup raised in February 2023 from Arkam Ventures, Unitus, Better Capital, We Founder Circle, 9Unicorns, and MapMyIndia amongst others. Since 2020, Cusmat’s Immersive Skilling Platform…

Because of its crispy and crunchy papads, the Lijjat brand is well-known both domestically and overseas. With a small sum of Rs 80, seven women founded it in the early 1950s, and Jyoti Naik was one of them. Jyoti Naik was the oldest child in a family of four brothers and sisters. When she was twelve years old, she started rolling poppadums and became affiliated with Lijjat Papad. She was deputed into the packing division, where she was given more work in Lijjat. Despite her mother’s untimely death in 1976, she continued to work for the charity and looked after…

New Delhi: The large pool of highly qualified distinctive in STEM (science, technology, engineering, and mathematics) related domains that contribute to the development of cutting-edge AI algorithms, applications, and solutions that serve both domestic and international markets is what drives the AI market in India. Additionally, the government’s strategy to encourage AI use through policy measures and budgetary support is what supports the market growth in India. In accordance with this, the National AI Strategy’s implementation and Startup India’s facilitation of industry-academia partnerships have promoted investments in AI companies and contributed to the market’s expansion. According to a recent report,…

Bengaluru: In a new round of layoffs on Thursday, Bengaluru-based fintech startup Khatabook let go of staff. According to sources familiar with the situation, the layoffs targeted workers in the engineering, product, and marketing verticals. The engineer also mentioned that the business extended insurance and compensated the separated workers with three months’ income as severance. “We received a three-month pay as a runway and an extension on ESOP vesting. Medical insurance was also increased,” he claimed. 43 people from the Marketing, Sales and Analytics tech teams were let go by Khatabook as part of the reorganisation process, and more to…