AI-based innovations shine at India Mobile Congress 2024; Over 750 AI-based use cases showcased
Leading Tech & Telecom companies, Startups & Educational Institutes Showcase AI Innovations during the 4-day forum New Delhi, 19th October 2024: Artificial Intelligence (AI) stood out as a key flavour of the season at India Mobile Congress 2024, as a diverse spectrum of tech and telecom companies, including startups and educational institutes, showcased over 900 technology use case scenarios, […]
India Mobile Congress 2024 recognizes excellence in ICT and TMT; announces IMC 2024 Award Winners
Hon’ble MoSC Dr. Pemmasani Chandra Sekhar felicitates 19 award winners in diverse categories New Delhi, 18th October 2024: India Mobile Congress 2024 announced the winners of the much-anticipated IMC 2024 Awards, on the third day of the four-day long affair at Pragati Maidan in New Delhi. With over 19 diverse award categories, the IMC Awards are renowned for recognizing outstanding […]
Eruditus Raises $150 Million in Series F, Eyes AI Expansion and Strategic Acquisitions
Edtech unicorn Eruditus has secured $150 million in a Series F funding round led by TPG’s The Rise Fund, part of TPG’s global impact investing platform. The round included participation from existing investors such as Softbank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments, and the Chan Zuckerberg Initiative. This equity raise comes after a three-year gap, with the last major financing being […]
WROGN Secures $9 Million Investment from Aditya Birla Digital Fashion to Strengthen D2C Fashion Presence
Men’s apparel brand WROGN has raised approximately Rs 75 crore ($9 million) from Aditya Birla Digital Fashion Ventures Ltd (ABDFVL), boosting ABDFVL’s stake in the D2C brand from 17.10% to 32.84% on a fully diluted basis, according to a stock exchange filing. This fresh infusion of capital follows a previous investment in June 2024, when […]
Febi.ai Raises $2 Million to Revolutionize Accounting and Tax Automation with AI
Febi.ai, an AI-driven platform specializing in accounting and tax management, has secured $2 million in a pre-Series A funding round. The round was co-led by prominent investors such as Lumis Partners, Virender Rana, Lenskart co-founder Amit Chaudhary, Padmaja Ruparel, Cashkaro co-founder Rohan Bhargava, and Rajat Jain. The fresh funds will be directed towards enhancing Febi.ai’s […]
Tetr College of Business Launches $10 Million Fund to Empower Young Student Entrepreneurs
Tetr College of Business, a globally recognized business school, has launched a $10 million fund called the ‘Tetr – Under 20’ to support early-stage student entrepreneurs. This initiative is designed to invest in promising ideas and ventures led by students under 20, fostering innovation across a wide range of sectors. The fund will be spearheaded […]
ANNY, a real-time fashion tech brand focused on affordable, high-quality style for women, secures Seed funding led by FAAD Capital
– In the past 15 months, ANNY has experienced exceptional growth, expanding nearly 8x over the last 6 months New Delhi, October 18, 2024 – ANNY, the fashion tech company revolutionizing affordable, high-quality fashion for women, has successfully closed its seed funding round, led by FAAD Capital with additional backing from prominent HNIs and industry leaders. This […]
MediaTek Outlines Roadmap for AI-Powered Chipsets Fuelling Generative AI Technology at IMC 2024
Reiterates commitment to AI-powered chipsets with a focus on on-device computing powering the future of diverse smart device ecosystem New Delhi, October 18th, 2024: MediaTek, a leading global fabless semiconductor company powering over two billion connected edge devices yearly, reiterated its commitment to affordable and AI-powered chipsets at the India Mobile Congress (IMC) 2024. MediaTek is working on providing highly integrated […]
India Mobile Congress 2024 – Day 3 – Industry calls for global collaboration for 6G and India taking a leading role
Leaders reiterate the need for India to nurture public-private partnerships, support advanced research and play a leading role in shaping global standards New Delhi, 18th October 2024: The 8th Edition of Indian Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators […]
Everstage Secures $30 Million in Series B Funding Led by Eight Roads Ventures to Expand Sales Compensation Solutions
Everstage, a SaaS startup specializing in sales performance management software, has raised $30 million in a Series B funding round led by Eight Roads Ventures. Existing investors Elevation Capital and 3one4 Capital also participated, bringing the total funding for the Chennai- and Delaware-based company to $45 million. The funds will be used to enhance Everstage’s […]
