HungerBox Founders – Sandipan Mitra and Uttam Kumar The country’s leading digital payments platform is leading a hefty funding round for HungerBox, a Bengaluru-based food catering startup focussed on corporate. Paytm’s parent company One97 Communications is investing approximately Rs 47.12 crore ($6.59 million) in EatGood Technologies Pvt. Ltd., the parent company of the corporate food…
Over a thousand restaurants have de-listed themselves from food delivery and dine-in aggregators like Zomato, Swiggy, EazyDiner, stating that the deep discounts being offered by the aggregators were hurting their business models. The campaign, called #Logout, is being led by the NRAI (National Restaurants Authority of India) and is centred…
The country’s leading digital payment platform, Paytm, has announced its expansion into the online content space. It is gearing up to launch a platform that will provide news, short videos, live television, and other content by September this year. Their target is to double their monthly active user base to…
At Reliance’s 42nd Annual General Meeting (AGM), it announced that its optical fibre-based fixed-line broadband service, JioFiber, will be launching on September 5. A much talked about feature of Jiofibre which will be available to premium customers is access to a brand new OTT platform by Jio, called ‘Jio First Day…
Bank of Baroda, India’s 2nd largest public sector bank, has launched a new plan that caters specifically to startups. The objective of this is to become a preferred banking partner for start-ups and establish connect with at least 1000 start-ups over the next two years. Under this plan, Bank of…
As the trade war between the US and China continues to escalate, many economists are concerned that it is pushing the global economy into a slowdown, which could lead to recession. The Chinese currency hit its lowest point in a decade, below 7 yuan to a US dollar, causing the…
China’s currency has fallen to its lowest point in ten years (the currency fell below 7 yuan to the US dollar for the first time since 2008), creating a ripple effect across global markets. This has escalated the already high tensions between the US and China and led to US…
Under the government’s flagship Start Up India scheme, Maharashtra, Karnataka and Delhi have been recognised as having the highest number of start ups. Since the scheme launched in January 2016 up to July 2019, Maharashtra has registered 3661 recognised startups, Karnataka 2847, and Delhi 2552. Trailing close behind are Uttar…
Neuralink, an American neurotechnology company founded by Elon Musk and others that develops brain-machine interfaces, displayed some of their technology in public. Musk, a vocal critic of AI and its dark possibilities, said that even in a “benign scenario” human beings will be left behind, so the goal is to ultimately “achieve…
Artificial Intelligence (AI) can now solve the Rubik’s cube in less than a second. The world record for solving a Rubik’s cube the fastest is held by Yusheng Du at 3.47 seconds. This development is especially significant because solving the Rubik’s cube requires more than just random moves – it requires skill,…