Industrial IoT Startup Proxgy’s Financial Results for 2024
Proxgy (Everywhere as a Service Private Limited), one of the highest funded startups on Shark Tank India based out of Gurugram, announced its unaudited financial results for the Fiscal Year 2024. The company recorded an 800% surge in gross revenue coupled with a significant reduction of 43% in operational losses. Proxgy now operates over 50,000 (fifty thousand) connected devices across India spread across 600 plus cities for various Tier 1 clients including PSU Banks, Private Banks, FinTechs and Fortune 500 Logistic […]
Former Cybereason Executives Unveil Seven AI, Close $36M Seed Round
Cybersecurity is an ever-evolving segment and the emergence of Seven AI marks a significant milestone. It is all set to redefine how we defend against cyber threats. The Boston-based Seven AI was founded in late 2023 by Lior Div and Yonatan Striem-Amit. They are prominent figures and had earlier propelled Cybereason to unicorn status. The […]
Byju’s Value Plummets to Nothing, Says HSBC Research Note
Indian edtech giant Byju’s was once a shining star in the startup galaxy. However, it plummeted to earth with a resounding thud. A recent research note from HSBC reveals that company was valued at $22 billion when it was at its peak. Now, it is worth nothing. The dramatic decline marks one of the most […]
Choosing the Best Web Design Services: What to Expect from Top Providers
In today’s digital era, having a compelling online presence is essential for businesses aiming to succeed and thrive in the competitive landscape. A well-designed website serves as the digital storefront, representing the brand’s identity, values, and offerings to potential customers worldwide. However, creating an effective website requires expertise, creativity, and attention to detail, which is […]
Enhance Your Virtual World: A Deep Dive into Meta Quest 3 Lenses
In today’s digital age, the realm of virtual reality (VR) continues to captivate and inspire users worldwide. With advancements in technology, VR has transcended from a mere concept to a tangible experience that brings virtual worlds to life. Among the frontrunners in this domain stands Meta Quest, a leading innovator in VR technology. In this […]
Impressive Growth Predicted for IoT in Weather Monitoring Market by 2031
The Internet of Things (IoT) is set to revolutionize weather monitoring and the global market for it is projected to grow at an impressive compound annual growth rate (CAGR) of 9.8% by 2031. The surge is basically driven by the increasing demand from various industries as well as widespread adoption of IoT solutions. A prime […]
Samsung C&T Utilizes IoT to Improve Safety Measures on Construction Sites
Our cities are reaching skyward with increasingly ambitious construction projects. And ensuring safety of the workers is the primary concern. Construction and engineering company Samsung C&T is pioneering a new era of safety. It has come up with innovative use of Internet of Things (IoT) technology at the construction sites. Every project brings its own […]
ICAR-CTCRI Launches ‘E-Crop’ IoT Device for Precision Agriculture
The ICAR-Central Tuber Crops Research Institute (CTCRI) in Thiruvananthapuram has lately launched an innovative IoT-based precision agriculture technology called ‘e-crop’. It is learned to be a significant step forward in the field of smart farming. The technology was transferred to Tech Visit IT Pvt. Ltd., Mumbai, through a Technology Licensing Agreement (TLA) and it is […]
Microsoft Introduces ‘Build with AI’ to Support Startup AI Development
Microsoft is making a significant move to support AI startups with its just introduced ‘Build with AI’ initiative that is part of the broader Microsoft for Startups Founders Hub. Startups are to get help for rapid AI development. The ‘Build with AI’ initiative provides flexible templates and startups can use it in creating as well […]
How is Social Media Used in Indian Elections
India is the world’s largest democracy and its general election is the largest democratic exercise. We are currently underway the so-called Lok Sabha elections. There are total 960 million eligible voters this time and the vote will be held in seven phases. Their votes will determine the composition of the Lok Sabha, which is India’s […]