Author: Priyanka Chauhan

NOIDA: Adcount Technologies Pvt. Ltd., the parent company of SupplyNote, and a host of innovative supply chain tech solutions has successfully raised USD 2.25 million in its latest series A funding round. The round was led by Venture Catalysts and Artesian, with notable participation from Sattva Family Office, WFC, LetsVenture, Soonicorn Ventures, Cogniphy, SucSEED Indovation, SOSV, and DSP family office. This latest round brings Adcount Technologies’ total capital raised to a significant USD 5 Mn. “We feel SupplyNote is a prudent investment due to its innovative approach to streamlining inventory management, order placement, and sales analytics. Its cloud-based suite is revolutionising inventory management and improving the overall performance…

New Delhi: Meta announced to roll out real-time avatar calls on Instagram and Messenger. The new feature will be helpful to users who don’t want to show their real faces during video calls. This will give them a third option between camera-off and camera-on, the company said in a statement. Additionally, the company also mentioned that users can share animated avatar stickers in Facebook stories, Reels, Instagram, Facebook comments, and 1:1 message threads on Instagram and Messenger. “From a jaunty wave hello or a slow clap of approval to showing off your avatar’s dance moves, there are plenty of ways to…

New Delhi: Bolt.Earth, a leading electric vehicle (EV) charging infrastructure provider, recently announced its collaboration with the Automotive Skills Development Council (ASDC), a dedicated platform for skill development in India’s automotive industry. This partnership aims to empower the country’s workforce with comprehensive training on EV infrastructure. Recognizing the knowledge gaps in India’s automotive workforce regarding EV load estimations, load balancing, and safety parameters, this collaboration will bridge these gaps and enhance the industry’s skill competitiveness. The course, developed in partnership with ASDC, will provide a deep understanding of Level-1, Level-2, and Level-3 chargers, as well as a comprehensive overview of the…

New Delhi: As it moves forward with plans for a New York listing as soon as September, chip designer Arm is in talks to bring in Nvidia (NVDA.O) as an anchor investor, according to a report on Wednesday. The most recent company in discussions with SoftBank-owned Arm is Nvidia about acquiring a long-term investment in the business during its initial public offering. According to a June report, Arm was in talks with more than ten businesses, including long-standing allies like Intel (INTC.O). According to a person familiar with the talks mentioned in the report, the two companies are bargaining over valuation.…

New Delhi: Magic Billion, a prominent global talent management company, is delighted to announce the establishment of its Advisory Board. Comprising a group of accomplished and forward-thinking leaders, the Advisory Board will play a vital role in guiding Magic Billion’s strategic direction, driving innovation in the international skilling industry, and empowering individuals with the skills they need to thrive in the global job market.   The newly appointed Advisory Board members bring diverse expertise and extensive experience from various sectors, making them invaluable assets to the company’s vision. Each Board Member possesses a passion for driving positive social impact and a…

New Delhi: Wipro, a tech major, announced the launch of a comprehensive Wipro ai360, an AI-first innovative ecosystem, along with committing a $1 billion investment in advancing AI capabilities over the next three years.  The investment will focus on expanding AI, developing new R&D and platforms, data and analytics solutions, as well as enhancing ‘FullStride Cloud’ and consulting capabilities.  Wipro ai360 builds on the company’s decade-long investments in artificial intelligence (AI) to integrate AI into every platform, tool, and solution used internally and offered to clients, the company said in a statement.  Thierry Delaporte, CEO and MD of Wipro Limited said,…

New Delhi: The flagship company of Adani Group, Adani Enterprise, announced that it had raised Rs 1250 crore through the issuance of non-convertible debentures (NCDs). “We would like to inform you that the Company has raised Rs 1250 crore today, i.e. 11th July 2023, by allotment of 125,000 Unrated, Secured, Redeemable, Unlisted, Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,000 each on private placement basis,” it said in a regulatory filing. Earlier this week, the company announced that it had sold stakes in three of its group companies to raise $1.38 billion (Rs 11,330 crore). As the conglomerate draws…

The brainchild of two sisters, 1 Hair Stops was founded in 2019. A Hyderabad-based startup is a successful hair extension and topper brand founded by Richa and Raina Grover. With a mission to empower women through the transformative power of affordable human hair extensions platform offers a wide range of high-quality hair products and has become a go-to destination for women seeking hair care solutions. 1 Hair Stops make hair toppers using only original human hair, not synthetic hairs, making the brand sustainable. The success of the brand can be attributed to the founders’ family business, Hritik Exim, one of…

New Delhi: ITC Aashirvaad Soul Creations has announced its collaboration with the upcoming Bollywood biopic drama Tarla as the ‘Official Food Partner’. The movie stars Huma Qureshi in the titular role, portraying the character of the late Chef Tarla Dalal. The movie is set to release on July 7, 2023, on Zee5. Tarla Dalal was a renowned Indian chef and cookbook author who introduced generations of Indians to cooking. The film will showcase her inspiring journey from being a young housewife to becoming a household name in the culinary world. This project has been highly anticipated, and fans and food…

New Delhi: Founder and CEO Suumit Shah said on Tuesday that e-commerce firm Dukaan had replaced 90% of its customer care crew with an artificial intelligence (AI) chatbot. He attributed the reduction in customer support expenditures by 85% and the decline in resolution time from more than two hours to three minutes to the choice to prioritise profitability. “We had to lay off 90% of our support team because of this AI chatbot. Tough? Yes. Necessary? Absolutely,” Shah tweeted. Several users criticised the tweet, thinking it as insensitive. “Given the state of the economy, startups are prioritising “profitability” over striving to…