The CORD blockchain project from Dhiway combines distributed ledger technology with the themes of privacy, trust frameworks, governance, unique persistent data identifiers, and information management protocols using cryptographic superpowers. Bengaluru: Dhiway, a Bengaluru-based blockchain startup, announced the availability of CORD, a Layer 1 blockchain project developed by the company for building digital public utilities. Built with a focus on easy integration of existing applications or development of new applications, CORD includes developer documentation, SDKs and reference implementations to encourage adoption in use cases which assign priority to user-authorized data mobility, data privacy and security. CORD is a Layer 1 blockchain project…
Author: Rahul Mehra
Bangalore: The food tech revolution reaches India with news that Phyx44 raised $1.2M in a Seed round of funding to develop animal-free milk proteins and fats for use in dairy products. Founded in Bangalore in early 2021, Phyx44 is using precision fermentation of microbes to create the full stack — whey and casein proteins and fatty acids — to recreate dairy. These components are identical to the ones found in traditional dairy, but they are animal-free, lactose-free and planet-friendly. The biggest pain point for consumers who want to avoid or reduce dairy intake — whether for animal cruelty, environmental reasons,…
The funds raised will primarily be used to expand the current scope of capital expenditure, marketing, and operations, improve current products, and bring about synergy in technology IPV has so far invested over Rs. 500 Cr across 140+ deals Bengaluru: Full-Stack Mobility solution provider Automovill has raised Rs 2.15 crore in a Pre-Series A round led by Inflection Point Ventures. Following a hybrid & flexible business model, Automovill has the 3rd largest presence across India; while catering to 0.15Mn+ customers, Automovill has enhanced its technology offerings to strengthen and organize the auto after-service and maintenance industry. To…
Gurugram: In a major development at the board meeting today, India’s leading home-grown footwear brand Liberty Shoes announced their unaudited results for Q1 ending 30th June 2022. Commenting on the development of the footwear sector, Mr. Anupam Bansal, Director RETAIL, Liberty Shoes and other board of directors at the meeting said, “With the focus of Government on the manufacturing sector, the future potential of the footwear industry is promising, particularly for established and organized brands. Rising disposable income is allowing individuals to move up the value chain, demanding products for different use occasions, leading to the emergence of new product segments…
Ahmedabad: Vital Chemtech Ltd. (VITAL), based in Ahmedabad, is coming out with its maiden IPO of up to Rs. 64.64 cr. for the NSE Emerge listing. Incorporated in 2013, VCL is engaged in the business manufacturing of phosphorus derivatives products with the highest quality practice and compliant with the chemical industry’s highest Environmental, Health and Safety (EHS) standards. Its manufacturing facilities are located at three sites in the GIDC Area, Dahej area of PCPIR region, and one in the GIDC area, Sanand district of Ahmedabad. The company is coming out with an IPO of up to 64,00,000 equity shares of…
Bengaluru: Alice Blue has registered healthy growth in Commodities trade during the first two quarters of FY 2022. The firm has reported a quarter-on-quarter increase of 36% in and 15% for Q1 and Q2 2022 compared to last year’s corresponding period. Crude Oil, Natural Gas, and Aluminium were among the highest-grossing commodities traded at Alice Blue. Mr. Sidhavelayutham, CEO and Founder, Alice Blue, said, “despite the volatility in the global markets due to the ongoing war & other global factors, traders and investors have shown increased optimism in the commodities market. We hope this trend will also show positive results…
New Delhi: On Monday, Electronics Mart, a major consumer durable and electronics retailer in India, made its debut on the stock market with a sharp premium of over 50 per cent against its issue price. It is surely a time of celebration for those who invested in the company’s initial public offering. The company is listed on the Bombay Stock Exchange and the National Stock Exchange with 52 per cent and 53 per cent premiums over its issue price, respectively. The price band for the shares was kept with an upper band of Rs 59 during the IPO. Electronics Mart…
Chennai: To mark World Mental Health Day and month, 1to1help, India’s premier Employee Assistance Program (EAP) provider, held the ‘Workplace Well-Being Series’ under the campaign Workplace Well-Being: Building Community That Cares. This series focused on bringing different perspectives on employee well-being to various stakeholders from the workplace community. This 3-part episodic series was a virtual interaction with eminent personalities from the corporate world. Apart from this, to shift the culture and stigma around mental health, a narrative-based quiz, helping people sample and confront their own bias with mental health in the workplace, was launched on the company website. The campaign, inspired…
Bangalore: Gnani.ai, a global frontrunner in Conversational AI and customer service automation, announced the appointment of Sanjay Pai as the Chief Revenue Officer. In this role, Sanjay will be responsible for growing and spearheading business development initiatives and advancing and strengthening Gnani.ai’s strategic growth across international markets. Sanjay brings over two decades of experience in sales and business development in the Enterprise Communications space, coupled with the right technical knowledge. He has held leadership roles in organizations such as Avaya, Genesys, and Alcatel Lucent Enterprise. Ganesh Gopalan, Co-founder, Gnani.ai mentioned, “Our Unified Conversational AI CX platform has seen great adoption among customers,…
New Delhi: India’s premium vegan makeup brand, Lotus Make-Up has appointed Bollywood Actress Vaani Kapoor as the Brand Ambassador for its range of skin-friendly natural makeup products. As the face of the brand, Vaani Kapoor will appear in a high-voltage multimedia campaign spanning Digital, OTT platforms, OOH, Social media, and at multiplexes PAN India. During her two-year association with the brand, Vaani will endorse the Lotus Makeup Proedit and Ecostay range of high-performance daily usable vegan make-up that is easy on the skin, non-toxic, paraben-free, and cruelty-free. The key communication of the campaign is #MyMakeupMyWay in which the brand film…

