Tag: Trending

A recent report by Nasscom has found that a shortage of deep tech talent could hinder the growth of Indian B2B SaaS firms. The report, titled “DeepTech Potential in Indian B2B SaaS”, found that there is a lack of skilled professionals in areas such as artificial intelligence (AI), machine learning (ML), and natural language processing (NLP).

A recent report by EY-Nasscom has found that 99% of Indian B2B SaaS firms are embracing deep-tech innovation. The report, titled “DeepTech Potential in Indian B2B SaaS”, found that Indian SaaS firms are increasingly using deep-tech solutions to address the challenges faced by their customers.

Yummy Plate, a startup that provides subscription-based meal services to schools, has raised $2 million in funding. The round was led by K12 Techno Services, an educational services platform, with participation from other investors, including DSG Consumer Partners and Saama Capital.

Portkey.ai, a startup that provides a platform for businesses to create AI apps, has raised $3 million in funding. The round was led by Lightspeed Venture Partners, with participation from angel investors, including notable figures from AWS, OpenAI, Cloudflare, Postman, and Asana.

The Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE.CO) has collaborated with the Reserve Bank of India’s (RBI) Innovation Hub to enable credit access for women micro, small and medium enterprises (MSMEs).

The 2023 World Cup Final is set to be a clash of the generations, with the youngest chess prodigy, Rameshbabu Praggnanandhaa, taking on the defending champion, Magnus Carlsen.

Meesho, a social commerce platform, has announced that it aims to enable digital transformation for 10 million sellers by 2027. The company will achieve this by providing sellers with access to its technology platform, marketing support, and financial services.

India’s Chandrayaan-3 lunar mission has set a streaming record, with over 5.6 million people tuning in to watch the live broadcast of the spacecraft’s soft landing on the Moon.

Reliance Retail Ventures Limited (“RRVL”), the retail arm of Reliance Industries Limited (“RIL”), announced today that Qatar Investment Authority (“QIA”) has committed to invest Rs 8,278 crore (~$1.1 billion) for a 0.99% equity stake in RRVL.

ZEVO, a pioneer in electric last-mile delivery, has secured funding from Agility Ventures, a leading climate tech venture capital firm. The funding will be used to expand ZEVO’s fleet of electric vehicles and micro-fulfillment centers, and to develop new sustainable supply chain solutions.