CAG to Build AI for Speedier, More Accurate Audit Reports
The Comptroller and Auditor General (CAG) of India lately announced plans to develop an Artificial Intelligence (AI) system for audit reports. It will be an important change in public audits segment. Using AI in the audit process makes sense and it is important for the CAG to handle the increasing complexity of financial oversight. Public […]
Zoho Reports 31% Growth, Debuts Vikra and Zoho IoT at Zoholics
The recent announcement of Zoho Corp related to 31% growth in its Indian customer base last year reflects its strong foothold. Zoholics India conference showcased its ability to push boundaries further. It debuted two key products named Vikra and Zoho IoT. It is clear message by the Chennai-based tech giant that it is catering to […]
Zomato-Backed AdOnMo Raises $25 Million to Fuel AdTech Growth
AdOnMo comes from the stable of Zomato. It is an adtech startup and has lately secured $25 million in a funding round led by Rigel Capital and Sinar Mas. It aims to disrupt the outdoor advertising through its data-driven hyperlocal advertising model. The startup was founded by Sravanth and Sandeep Bommireddi in 2017 and since […]
Blockchain-Based Climate Startup Coral Raises $3 Million for Carbon Emissions Management
The recent $3 million pre-seed funding raised by blockchain and AI-powered climate tech startup Coral signals an important moment in the carbon emissions management segment. Solutions promising transparency, efficiency and scalability are highly sought over. Coral seems to be positioning itself as a frontrunner in the space. Use of blockchain for carbon credit traceability is […]
Scope Targets Fintech and Gaming Startups with $50 Million Early-Stage Fund
Scope has launched a $50 million venture capital fund and it is aimed at early-stage startups in the fintech and gaming industries. It is under the investment banking arm SCOPE VC and reflects a broader strategy to tab into two industries which are believed to witness significant growth in India and the U.S. Fintech in […]
Amazon Web Services to Boost Indian Public Sector Banks with Cloud Solutions
Amazon Web Services (AWS) has been lately selected to provide cloud computing solutions to the Public Sector Bank Alliance (PSBA) in India. This means that 12 major public sector banks including SBI, PNB and Bank of Baroda can now adopt AWS cloud technology. The public sector banks in India have lagged behind their private counterparts […]
SSD Technology: No Defragmentation Needed
Solid-state drives are an integral part of modern computing and gaming. They offer dramatic improvements over HDDs without the need for defragmentation. When HDDs were in their prime, defragmentation was necessary for maintenance. SSDs not only do not require defragmentation, but it can be harmful to their function. Understanding the driving technology behind SSDs and […]
Airtel’s AI Initiative Aims to Combat Spam, Enhance Messaging Regulations in India
Airtel has lately launched an AI-powered spam detection system and this is believed to be a significant step forward in addressing spam calls as well as unwanted messages issue. It is a free system and promises to alert users in real time about suspected spam. It is believed to be a breath of fresh air […]
Bharat Web3 Association Initiates Alliances for Global Blockchain Practices
The Bharat Web3 Association (BWA) has made a smart move by partnering with the Digital Economy Council of Australia (DECA) and Asosiasi Blockchain Indonesia. It is a strategic effort to connect India’s Web3 sector with global standards and practices. India is on the verge of becoming a leader in the digital economy. It is currently […]
AI Legal Assistants on the Rise, Jhana Raises $1.6 Million in Seed Funding
The legal industry is now at an important moment with the rise of AI-powered solutions. Harvard-based startup Jhana is leading the charge. It has raised $1.6 million in seed funding led by influential figures like Girish Mathrubootham of Freshworks and Manav Garg of Eka Software through Together Fund. AI has potential and can reshape the […]