Paysharp Gains RBI Approval for Payment Aggregator Operations
The recent milestone of Paysharp in securing final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) signals a promising shift in the fintech arena of India. The Chennai-based startup is now among an elite group of 36 RBI-approved payment aggregators. It is standing alongside established players like Razorpay, […]
Dairy Startup Akshayakalpa Organic Aims for Rs 400 Crore Milestone
Akshayakalpa Organic is a pioneering dairy startup having prominent presence in Karnataka, Tamil Nadu and Telangana. It is targeting a milestone of Rs 400 crore in revenue for the financial year 2024-25. It generated Rs 286 crore in revenue last year with its organic farming model that is gaining momentum. Akshayakalpa Organic was founded by […]
How Blockchain Will Ensure Tamper-Proof Land Records in India
India’s outdated land registry system is mostly witnessed to be plagued by inefficiencies and disputes. Hence, a transformation is required and blockchain technology could be the solution. The adoption of a blockchain-based system promises to revolutionize property record management. It is said to save expenses in billions and simultaneously streamline legal disputes. India currently ranks […]
HPE’s One-Click AI for Private Cloud Revolutionizes Deployment with Instant Results
Hewlett Packard Enterprise (HPE) has unveiled its latest innovation named HPE Private Cloud AI. It is a game-changing solution that is particularly designed to transform the deployment of generative AI applications by businesses. It is co-developed with Nvidia under the umbrella of Nvidia AI Computing by HPE portfolio and introduces a suite of solution accelerators […]
Innovative IoT Systems Drive Real-Time Infrastructural Resilience in Landslide Areas
An innovative and advanced Internet of Things (IoT) project is being tested in the management of such regions where landslides are frequent. It is basically focused on improving infrastructural resilience with the integration of latest technologies like machine learning (ML) and deep learning (DL) with real-time data monitoring systems. The project is trying to address […]
SolarX Startup Challenge Shines Light on Innovation at International Solar Festival
The inaugural International Solar Festival 2024 was held in New Delhi on September 5 and 6. It gathered global leaders, innovators and young entrepreneurs to celebrate advancements in solar technology. A key highlight of it was the SolarX Startup Challenge and emerging startups from the Asia-Pacific (APAC) region including India showcased innovative solutions in solar […]
How Altigreen is Paving Path to Success in India’s EV Sector
Altigreen Propulsion Labs is paving a different path compared to other electric vehicle (EV) startups. It is not relying heavily on government incentives for sustainability. It is ensuring its electric three-wheelers remain viable without such incentives. Its strategy is mainly focused on innovation and resilience. The startup is based in Bengaluru and has very well […]
Hidden Perils of Dark Data in India’s AI Development
The rapid embracement of artificial intelligence (AI) in India is now revealing a dark underbelly. Companies are relying on illicit data to fuel their AI developments. They are sometimes acquiring data from unregulated dark marketplaces to deploy AI models faster than the rivals. India has become a hotspot for data markets due to its vast […]
Advanced ML Model Identifies Overheating in Lithium-Ion Batteries, Revolutionizes EV Safety
A team of researchers at the University of Arizona has come up with something promising and claims to revolutionize the electric vehicle (EV) safety aspect by predicting as well as preventing dangerous temperature spikes in lithium-ion batteries. They have developed an innovative machine learning (ML) model under the guidance of doctoral student Basab Goswami. The […]
Ather Energy Targets $2 Billion Valuation as IPO Plans Take Shape
Ather Energy is preparing for initial public offering (IPO) with a target valuation of somewhere between $2 and $2.25 billion (Rs 16,800-19,000 crore). The electric scooter manufacturer is backed by Hero MotoCorp and sources reveal that it is expected to file draft papers by next week to raise around Rs 3,500-4,000 crore through the public […]