Swiss Innovators Reveal Biocomputer with 16 Human Mini-Brains
Do you remember sci-fi movie scenes where humans seamlessly connect with computers and create a perfect symbiosis of man and machine? It was once just a far-fetched idea. Now, it is inching closer to reality. Thanks to a research from Switzerland. Swiss scientists have developed a biocomputer that utilizes living brain cells and not traditional […]
Bengaluru-Based Calmosis Innovates with Medical Cannabis for Better Health
Bengaluru-based startup Calmosis has come up with holistic approach to healing. Hence, it is lately making waves in the wellness industry. Its founders, Karan Naidu and Praveen Singh Rajput, said that they aim to promote well-being in India. They want to empower individuals in taking control of their health. The formation of Calmosis was inspired […]
How AI Helped Kerala’s Kitchen Treasures Optimize Sales
Intergrow Brands has lately embraced artificial intelligence (AI) and the primary focus is to transform its sales strategy. It has partnered with AI consultancy Datadivr to enhance its customer outreach as well as sales efficiency. Intergrow Brands is the company known for supporting the popular Kerala spice brand Kitchen Treasures. India’s food industry is thriving […]
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 […]
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 […]
SpyCloud Lands $35M Investment to Combat Cyber Threats
Cybersecurity startup SpyCloud has announced to have successfully secured $35 million in a new funding round led by CIBC Innovation Banking, which is a part of the Canadian Imperial Bank of Commerce. It is learned the fresh capital will be used in enhancing their efforts in preventing account takeovers and simultaneously combating cyber threats. SpyCloud […]
Layoffs Continue at BNPL Startup Simpl as Company Pursues Profitability Strategy
Buy Now Pay Later (BNPL) startup Simpl is making headlines once again and this time for its layoffs. It handed out pink slips to around 30 employees lately and this marks the second major round of layoffs within a month. It terminated 160 employees in early May. The layoff drive is mainly to become profitable […]
Chennai’s Skincare Startup CHOSEN Raises $1.2 Mn in Seed Funding
Chennai-based skincare startup CHOSEN has lately made headlines with its impressive $1.2 million seed funding round. The boost comes from a close-knit network of friends and family. It is now another feather in the cap for the young company that was founded by cosmetic dermatologist Dr. Renita Rajan. The journey of CHOSEN is inspiring and […]
Healthtech Startup Docplix Secures Rs 1.2 Cr in Bridge Funding
Healthtech startup Docplix lately announced to have secured Rs 1.2 crore in bridge funding led by Inflection Point Ventures. The fresh capital comes after it raised Rs 5 crore in a pre-Series A round this March and it was led by Eris Lifesciences and a couple of more angel investors. The company also successfully raised […]