Author: lakshmanan
Paytm Doubles Down on AI With New Leadership Appointments In a strategic move to fortify its artificial intelligence (AI) initiatives, leading Indian digital payments company Paytm has announced key changes to its top management. The Noida-based fintech firm has appointed its Chief Technology Officer (CTO) Manmeet Dhody to the newly created role of “AI Fellow.” Simultaneously, Senior Vice President of Technology Deependra Singh Rathore has been elevated to the position of CTO – Payments. The leadership reshuffle comes on the heels of Paytm’s increased emphasis on integrating AI capabilities across various aspects of its business. Speaking at the company’s 24th…
The Chennai Unified Metropolitan Transport Authority (CUMTA) has suggested that IIT-Madras approach the Tamil Nadu government to seek permission for conducting hyperloop trials on the 62km Outer Ring Road (ORR) stretch in Chennai. The central median along the ORR could be an ideal place to test the hyperloop technology at speeds of up to 600kmph.TuTr Hyperloop, a deep tech startup incubated at IIT-Madras, is currently developing the technology and plans to test it at a speed of around 100kmph at the 410-metre hyperloop test track located at IIT-Madras’ Discovery Campus in Thaiyur. However, for further testing at higher speeds, a…
In a major boost to India’s fight against diabetes, legendary cricketer Sachin Tendulkar has joined forces with health-tech startup Sugar.fit as its brand ambassador and strategic investor. The partnership aims to revolutionize diabetes care in the country through Sugar.fit’s holistic, science-backed, and data-driven digital health solutions. Sachin Tendulkar Aligns with Sugar.fit’s Vision Announcing the partnership, Sachin Tendulkar expressed his enthusiasm for Sugar.fit’s mission, stating, “Sugar.fit is a brand that shares my vision for a fit and healthy India. Their aim to change how people perceive diabetes and help them take preventive or even curative care will certainly help to battle…
In a strategic move to enhance communication efficiency and safety, Delhivery, India’s largest fully integrated logistics provider, has partnered with Truecaller, the global platform for contact verification and spam blocking. This collaboration aims to leverage Truecaller’s Customer Experience Solution to streamline communication for Delhivery’s extensive customer base of over 33,000 businesses.Building Trust with Verified Caller IDOne of the key challenges in logistics is establishing trust during customer interactions, especially with issues like missed calls and lack of context. Delhivery will address this by adopting Truecaller’s Verified Business Caller ID solution. This feature displays the company name, logo, and verification badge…
In a significant move to bolster its 4G services and accelerate its 5G rollout, Vodafone Idea (Vi) has inked a $3.6 billion (₹30,000 crore) deal with telecom giants Nokia, Ericsson, and Samsung. The multi-year agreement aims to enhance Vodafone Idea’s network capabilities, ensuring it can compete with other leading telecom operators in India’s rapidly growing 5G landscape. A Strategic Boost for Vodafone Idea The gear supply contract, which spans over three years, will see Nokia, Ericsson, and Samsung providing essential equipment for both 4G network expansion and the much-anticipated 5G rollout. The deal marks a significant step for Vodafone Idea…
IIT Madras incubated UAV startup Amber Wings has unveiled a new agricultural drone called ‘Vihaa’ that promises to revolutionize farming in South India. The drone, which was recently certified by the Directorate General of Civil Aviation (DGCA), aims to make crop management faster and more efficient for farmers and agribusinesses. Faster and More Efficient Crop Spraying The Vihaa drone has the ability to spray crops with fertilizers, pesticides and other treatments up to 7 times faster than manual spraying methods. This will allow farmers to save significant amounts of time and resources. “Introducing ‘Vihaa’ marks a pivotal moment in our…
In the fast-paced world of technology, few entrepreneurs have left as indelible a mark as Mukesh Bansal. The co-founder of Myntra, India’s leading fashion e-commerce platform, and Cultfit, a revolutionary health and fitness startup, Bansal possesses an uncanny ability to identify untapped opportunities and transform them into thriving ventures. Now, he has set his sights on the frontier of artificial intelligence with his latest brainchild, Nurix AI.Nurix AI Secures Staggering $27.5 Million Seed FundingBansal’s track record of success has not gone unnoticed by the investment community. In a resounding vote of confidence, Nurix AI has raised a staggering $27.5 million…
The Future Marketplace: Powered by Innovation at Tamil Nadu Startup Thiruvizha 2024At the Tamil Nadu Startup Thiruvizha 2024 held in Madurai, visionary entrepreneurs and innovators gathered to showcase their ideas and solutions that aim to transform the marketplace. With a focus on sustainability, technology, and collaboration, the event highlighted how startups can address pressing challenges across industries like agriculture, health tech, and sustainable living.This year’s event saw over 150 startups exhibiting their products and services, with discussions centered around creating scalable, impactful businesses that not only generate profits but also address key societal needs. The showcase was attended by more…
Tamil Nadu’s Startup Ecosystem Thrives at Startup Thiruvizha 2024At the Startup Thiruvizha 2024 in Madurai, MP Su. Venkatesan lauded Tamil Nadu as a forerunner in promoting startups, highlighting the state’s proactive role in nurturing MSMEs. He pointed out that Tamil Nadu’s startup ecosystem is fast growing, with Coimbatore rivaling New Delhi in terms of the number of startups and investment inflows. View this post on Instagram A post shared by Su Venkatesan MP (@suve4madurai) MSMEs: Backbone of Tamil Nadu’s EconomyTamil Nadu’s MSMEs are a critical part of the state’s economic engine. According to recent statistics, MSMEs contribute:8% of India’s GDP40% of the…
In today’s fast-paced business environment, organizations are increasingly turning to no-code and low-code platforms to streamline operations, enhance efficiency, and empower non-technical users. One notable player in this space is Kissflow, a leading no-code workflow automation tool. This article provides an in-depth look at Kissflow, its offerings, and the competitive landscape of workflow automation solutions.No-code workflow automation refers to tools that allow users to automate business processes without writing code. This democratizes technology, enabling individuals with little to no programming skills to create applications, manage workflows, and enhance collaboration.Key Benefits of No-Code Workflow AutomationEmpowerment of Business Users: Employees can create…