After Moglix, Flipkart CEO Kalyan Krishnamurthy bets big on UrbanClap

Walmart-owned Flipkart”s Chief Executive Officer (CEO) Kalyan Krishnamurthy has put Rs 1.6 crore in UrbanClap, the Gurugram-based home services start-up. Kalyan Krishnamurthy, who has earlier invested in startups such as Moglix, CureFit, Tiger Global-backed NestAway, Sequoia-backed edtech startup Unacademy, etc., has now invested in UrbanClap. He will also act as

Bhavitaavya Dharanikota April 9, 2019 No Comments

Amazon India partners with Ketto to launch crowdfunding initiative for sellers

Amazon India has joined hands with Mumbai-based crowdfunding company Ketto to help its sellers raise funding for business expansion, product development and even for medical assistance and launched a first of its kind program, “Amazon Wings” for its sellers. Ketto is Asia’s most trusted and visited crowdfunding platform that helps

Bhavitaavya Dharanikota April 8, 2019 No Comments

Reliance Jio acquires 87% stake in Times Internet-backed chatbot firm Haptik

Reliance Industries Ltd, through its subsidiary Reliance Jio Digital Services Ltd (RJDSL), has acquired 87% stake in artificial intelligence (AI) chatbot company Haptik Infotech Pvt. Ltd for ₹700 crore with the rest being held by Haptik founders and employees through stock option grants. The investment will help Reliance Jio Infocomm

Bhavitaavya Dharanikota April 7, 2019 No Comments

Micromax’s co-founder Rahul Sharma to foray into Electric Mobility Space

When one thinks of Micromax, the first thing that comes to mind is smartphones. Micromax Informatics Limited is one of the leading consumer electronics company in India, and the 10th largest mobile phone player in the world. Over the past decade, it has pioneered the democratization of technology in India

Bhavitaavya Dharanikota April 6, 2019 No Comments

Hyderabad’s Airport is all set to be hassle-free with facial recognition technology

Since facial recognition today has become extremely mainstream in new age smartphones, India has experimented its use on a completely different platform, the airports. In a very first initiative from India, facial recognition will be adopted in the Hyderabad airport to scan through travelers, providing them with a facility of

Bhavitaavya Dharanikota April 5, 2019 No Comments

Mission Shakti: India tests first anti-satellite missile system

India has shot down a low-earth orbit satellite in space, propelling itself into an elite club of nations, which has mastered this anti-satellite (ASAT) missile technology. In operation code-named Mission Shakti, the Defence Research and Development Organisation destroyed a defunct satellite in low-earth orbit (LEO). The entire process completed in just three minutes

Bhavitaavya Dharanikota March 28, 2019 No Comments

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