Author: lakshmanan

Introduction: A New Dawn for Insurance in IndiaIn 2008, three visionaries—Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar—set out to revolutionize the way insurance was perceived and purchased in India. With a fragmented market and low penetration rates, the Indian insurance sector presented a unique challenge and an opportunity. This article tells the story of Policybazaar, its founding motivations, key strategies, technological innovations, and how it has become a leading player in the digital insurance landscape.The Birth of Policybazaar: Seizing an Untapped OpportunityA Market in Need of ChangeIn the early 2000s, India’s insurance market was characterized by a lack of transparency,…

In a landmark moment for the Indian fintech sector, M2P Fintech has secured ₹850 crore in a Series D funding round, catapulting the company closer to achieving unicorn status. The round was led by Helios Investment Partners, an Africa-focused private equity firm, with several other investors participating, showcasing immense confidence in M2P Fintech’s vision and growth potential.Funding Details: Investor Confidence and Strategic GrowthHelios Investment Partners spearheaded this Series D funding round, bringing with it a significant level of investor confidence. As a prominent player in private equity, Helios’ involvement signals a strong belief in M2P Fintech’s business model and future…

In a bold move that underscores its commitment to technological innovation, the Mahindra Group, one of India’s most diversified conglomerates, has officially launched its AI division. This strategic decision aims to integrate artificial intelligence across the group’s diverse business ecosystem, spanning automotive, agriculture, real estate, and finance. By harnessing the power of AI, Mahindra seeks to optimize operations, enhance decision-making, and deliver superior customer experiences while staying ahead in the competitive business landscape. The Driving Force Behind Mahindra’s AI Division As AI continues to revolutionize industries across the globe, Mahindra Group recognizes the immense potential of this transformative technology. Anish…

In a major breakthrough for sports medicine, researchers at IIT Madras have developed an AI-powered portable ultrasound scanner designed to diagnose sports injuries in real time on the field. This innovative device, capable of point-of-care ultrasound (PoCUS), addresses the growing need for rapid diagnosis and treatment of injuries during sports events, potentially reducing recovery times and preventing long-term damage for athletes.A Technological Leap for Sports MedicineThe portable ultrasound scanner is specifically designed for the on-field assessment of sports injuries, offering the same level of diagnostic accuracy as conventional scanners while being significantly more compact and easier to use. With its…

In a groundbreaking move that promises to transform the AI landscape in the Middle East and North Africa (MENA) region, Meta has partnered with the Dubai Future Foundation (DFF) to launch a pioneering AI accelerator. This first-of-its-kind initiative aims to drive innovation by providing regional startups with the resources and expertise needed to develop cutting-edge AI solutions.A Strategic Collaboration for AI InnovationThis collaboration between Meta and DFF reflects a shared vision: to position the MENA region as a global leader in AI technology. Meta, renowned for its AI development prowess, and DFF, a key driver of innovation in Dubai’s tech…

In today’s fast-paced digital economy, acquiring in-demand skills is crucial for career growth. Great Learning has emerged as a top platform for professionals seeking to upgrade their skills in fields like Data Science, Artificial Intelligence (AI), Cloud Computing, and Cybersecurity. This article explores how the Great Learning platform leverages its unique mentorship model, partnerships with prestigious universities, and career-focused services to deliver exceptional learning outcomes.Founders: Mohan Krishna Lakshamraju, Arjun Nair  and Hari KrishnanEstablishment:Year: Great Learning was founded in 2013.Inspiration: The idea was born out of the founders’ observations of gaps in the education system and the potential of online learning…

In the heart of Tamil Nadu, a technological revolution is quietly unfolding. The city of Salem, known for its rich history and vibrant culture, is about to add a new chapter to its story. As the sun rises over the Karupur district, it casts its warm glow on a structure that promises to change the face of the region – the Mini TIDEL Park. The Promise of Progress Imagine a place where ideas flourish, where startups bloom, and where technology pushes the boundaries of what’s possible. This is the vision behind the Mini TIDEL Park, a ₹30 crore investment in…

In a move that signals a significant shift in the Asian Pacific (APAC) tech landscape, the Aptos Foundation has partnered with the Ignition AI Accelerator to drive the advancement of AI startups across the region. This collaboration aims to bridge the gap between blockchain technology and artificial intelligence (AI), offering a unique platform for startups to thrive.The partnership not only underscores the growing importance of AI innovation in APAC but also highlights the role that blockchain technology can play in enhancing the scalability and functionality of AI-driven solutions.A Strategic Collaboration to Foster AI InnovationThe Aptos Foundation, known for its focus…

In the fast-paced world of artificial intelligence (AI), a new force is emerging as a catalyst for innovation and growth: Middle Eastern sovereign wealth funds. With their deep pockets and strategic vision, these funds are providing substantial financing to some of the world’s most promising AI startups, reshaping the landscape of technological advancement. As the race for AI dominance intensifies, the Middle East is positioning itself as a key player, leveraging its financial might to drive breakthroughs in machine learning, natural language processing, and beyond.A Paradigm Shift in Investment Strategy: Traditionally, sovereign wealth funds from the Middle East, particularly those…

Blinkit is making headlines with its rapid iPhone 16 delivery service, promising deliveries in just 10 minutes. This new initiative positions Blinkit as a leading player in the fast-paced smartphone market. This move follows in the footsteps of BigBasket’s BBNow, which had earlier announced a similar service for iPhone 16 deliveries. The competition among q-commerce companies to offer lightning-fast deliveries of high-demand products, such as the iPhone, is transforming the e-commerce landscape in the country. Blinkit’s Bold Move in Q-Commerce Blinkit, which started as a grocery delivery platform, has rapidly expanded its offerings and now plays a major role in the…