Author: Irene Vyas

Bhopal: Enigma, a young Make-in-India EV manufacturer from Central India, has officially launched the highly anticipated high-speed variants of their renowned Crink (TRADEMARKED) and GT450 (TRADEMARKED) series. With the introduction of the Crink V1 and GT450 Pro models, Enigma is setting a new pace for acceleration in the world of EV 2-wheelers. Both models of Enigma Automobiles Private Limited embody a sturdy construction with high-quality chassis, aluminium alloys and smart controllers allowing for seamless compatibility with State-of-the-art Lithium Batteries. The vehicle comes with class-leading AIS 156 PHASE-2, amendment 3 approved LITHIUM-ION batteries. Targeting a discerning audience between the ages of…

New Delhi: Swiss nonprofit organization NEAR Foundation supports and funds the development of Web3 decentralized applications (dApps) and has partnered with Seracle, a leading blockchain cloud platform, to provide efficient and cost-effective solutions for Web3 projects by leveraging the latter’s Litenode architecture. Seracle’s Litenode architecture allows for significant savings by reducing DevOps costs by up to 90%. Generally, a project spends around 400 USD per month on maintaining nodes & DevOps, and with this partnership, it can come down to anything between $19 to $49.  With Seracle’s Litenode architecture, the Web3 incubation centre, and platform credits, this collaboration offers an opportunity…

New Delhi: Lendingkart, a digital lending platform catering to micro, small, and medium companies (MSMEs), has reported a net profit of Rs 120 crore for the fiscal year ending on March 31, 2023. This marks a significant turnaround from the previous fiscal year when the company had incurred a net loss of Rs 203 crore. The company’s overall revenue in FY23 reached Rs 828 crore, and total credit disbursements rose by 44 per cent to approximately Rs 3,960 crore, indicating a strong growth trajectory. Lendingkart’s success can be attributed in large part to its co-lending and co-origination software platform called…

New Delhi: Google Play Games for PC has recently expanded its availability to Europe and New Zealand, offering users in these regions the opportunity to play Android games on their Windows computers. The official announcement was made during the annual Google for Game Developers Summit in March. This program was initially introduced in 2022 and has gradually expanded to over 50 countries worldwide. The current phase of the rollout includes New Zealand and over 40 European countries, such as Austria, Belgium, France, Spain, the Netherlands, Ireland, and the UK. Initially, the program was accessible to players in 13 countries, including…

New Delhi: EvolveX accelerator, a startup accelerator spearheaded by WFC, a prominent early-stage startup investment platform led by a global community of successful founders and strategic angels, has announced an ambitious target to transform the startup ecosystem with investments in 50 game-changing ventures by year’s end. The flagship accelerator will fuel deserving early-stage startups with USD 20-30K seed funding and empower them to raise up to USD 100K during the program. To date, EvolveX has invested a substantial sum of half a million USD in startups, and the accelerator has set an impressive goal of investing up to USD 1.5…

New Delhi: India, a hotbed of entrepreneurial talent, is witnessing a surge in inspiring leaders who are reshaping various industries and redefining the rules of the game. These visionary individuals are spearheading innovation, disrupting traditional models, driving positive change and contributing to the growth of the nation. In this list, we shine a spotlight on five remarkable entrepreneurs who have left an indelible mark on their respective industries. From revolutionizing hospitality and social gaming to successfully competing with international giants and empowering legal services, these trailblazers are not only making a mark on their industries but also inspiring others to…

New Delhi: Google has unveiled a new tool called Product Studio at its Google Marketing Live event, aimed at empowering merchants to effortlessly create product imagery using generative AI. This innovative tool will be available within Merchant Center Next, Google’s platform designed for businesses to manage how their products are presented on the Google platform. Product Studio offers merchants the opportunity to generate product imagery without incurring additional costs typically associated with organizing new photoshoots. This means that brands can create new visuals for their products, such as showcasing seasonal variations, without the need for elaborate and expensive production processes.…

Bangalore: Adecco India has entered into a collaboration with Jagriti Sewa Sansthan, an organization dedicated to promoting rural entrepreneurship in India. The collaboration aims to create a training program that focuses on skills development in the Purvanchal region. Adecco India, being a leading global workforce provider, will utilize its expertise and capabilities to provide incubation support to Jagriti Sewa Sansthan, thereby contributing to the establishment of a thriving Rural Entrepreneurship Ecosystem in three districts of Purvanchal. The primary objective of this initiative is to enhance the employability of young individuals by imparting market-oriented skills. Adecco India will concentrate on teaching…

New Delhi: Builder.ai, a revolutionary AI-powered composable software platform, has announced a significant milestone in its growth journey. The company has secured a substantial investment of USD 250 million in Series D funding led by the Qatar Investment Authority (QIA). This latest infusion of capital brings Builder.ai’s total raised funds to over USD 450 million and contributes to an impressive 1.8 times increase in its valuation. The primary objective of this funding round is to fuel Builder.ai’s ongoing industry leadership and innovation pipeline. The company plans to allocate the investment towards talent acquisition, strategic partnerships, and technological advancements. Notably, Builder.ai…

New Delhi: Meta, formerly known as Facebook, has reached an agreement to sell Giphy, the popular animated GIF search engine, to Shutterstock for $53 million. This comes three years after Meta acquired Giphy for a hefty sum of $400 million. Shutterstock, a leading provider of stock photos, videos, and music, announced the deal, stating that it involves a cash payment of $53 million at the closing of the transaction, which includes working capital. The acquisition is expected to be finalized next month. Additionally, as part of the agreement, Meta will continue to have access to Giphy’s content through a commercial…