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[EdTech Startup Varthana Gets $15 Mn Loan from US Govt’s Finance Agency USIDFC](
May 05, 2020 02:11 pm
An American financial organisation has agreed to sanction USD 15 million loan to an Indian education start-up to expand the access to quality education by providing critical financing to schools that serve low-income students in India. The financing will help Bengaluru-based Varthana to reach more schools by meeting its need for long-term capital that is unavailable in the Indian market, US International Development Finance Corporation (DFC) said in a statement. The DFC, America’s Development Bank, […]
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[TCS launches AI-powered Solution to Detect Wafer Anomaly in Semiconductor Manufacturing](
May 05, 2020 01:53 pm
Tata Consultancy Services announced on Tuesday the launch an AI-powered, cloud-based solution to detect wafer anomaly in semiconductor manufacturing. TCS WaferWise automatically detects defects, improves product quality, drives up throughput, and enhances business growth, the company said in a statement. The solution harnesses the company’s contextual knowledge of the semiconductor industry and the power of deep learning technology, to help chip makers digitally re-imagine their product quality assurance process, it said. Sophisticated quality inspection of […]
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[World’s 1st COVID-19 Business Readiness and Impact Assessment Tool Launched by Indian-Indonesian Venture](
May 05, 2020 01:26 pm
More than 50,000 Indian companies and 10,000 Indian start-ups can benefit from the CoRe among the 100,000 companies expected to use it globally Orbit Future Academy from Indonesia and Natio Cultus in India have developed an advanced tool for businesses to quantify and understand the impact of COVID-19 on their businesses. A first-of-its-kind, the tool was created based on the extensive experience of Cultus in this field and the combined skills and experience of the […]
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[IBM ties with Aussie Nanotech Startup for Quantum Chip Development](
May 05, 2020 10:58 am
IBM has signed an agreement with Australian tech company Archer Materials to advance the widescale development of its quantum computing technology. Archer is now a member of the IBM Q Network, an initiative by IBM to build commercially available universal quantum computers for business and science. With this partnership, Archer and IBM will work together on the advancement of quantum computing. Based in Adelaide, South Australia and Sydney, Archer uses a unique carbon-based material in […]
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[Singapore Unicorn Acronis released the World’s 1st Complete Cyber Protection Solution, Tailored To Fight Pandemic Cyberthreats And Improve Remote Work](
May 05, 2020 09:41 am
Enabling service providers to cut costs and defend their clients against cyberthreats through AI-powered integration of data protection and cybersecurity – with total Zoom security, COVID-19 URL filtering and a 100% detection rate Acronis, a global leader in cyber protection, announced today the availability of Acronis Cyber Protect, an innovative new cyber protection solution that integrates backup, disaster recovery, next-gen anti-malware, cybersecurity, and endpoint management tools into one service. Acronis Cyber Protect eliminates complexity, improves […]
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[Intel Buys Israel’s Urban Mobility Startup Moovit for $900 Mn](
May 05, 2020 08:22 am
Intel said Monday that it has purchased Israeli urban mobility startup Moovit for USD 900 million. The California-based chipmaker said the purchase buttresses its plan to become a “complete mobility provider.” The acquisition deepens Intel’s reach in Israel, where the company has spent billions buying other companies, and where it has a chip-making factory. Founded in 2012 and based out of Tel Aviv, Israel, with approximately 200 employees, Moovit is a Mobility-as-a-Service (MaaS) platform company […]
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[Ameyo Launches Video KYC Engagement Platform for Banking & Finance Sector](
May 04, 2020 09:56 pm
Ameyo, an Omnichannel Customer Engagement Technology provider, today announced the launch of video-based KYC for businesses to eliminate the need for physical KYC following the latest RBI guidelines issued in Jan 2020. Ameyos video KYC is an end-to-end solution with omnichannel capabilities of scheduling and reminding customers to complete the KYC process, thus enabling brands to reduce the drop-offs by 20%. Ameyo has 15+ years of experience in providing customer engagement solutions for over 2,000 […]
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[London Startup FrontM partners with Inmarsat and VIKAND to Develop COVID-19 Healthcare Information Hotline for Maritime workforce](
May 04, 2020 09:36 pm
FrontM, a collaboration software provider to the maritime and aviation industries, announced their collaboration with global satellite telecommunications giant Inmarsat and VIKAND, a global, maritime medical operations and healthcare solutions provider, to provide seafarers with immediate access to a COVID-19 healthcare hotline. This service will deliver vital frontline medical information to the shipping industries and seafaring workforce at a time when they need it the most. The London based startup was approached by their partners […]
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[Fiinovation Provides Technical Support for a COVID-19 Relief and Awareness Project in Mahesana, Gujarat, Supported by Sandvik](
May 04, 2020 09:23 pm
Amid country wide lockdown to contain the spread of the COVID-19 pandemic, Innovative Financial Advisors Pvt. Ltd. (Fiinovation), provides technical support for a COVID-19 Relief and Awareness project in Mahesana, Gujrat, supported by Sandvik Asia Pvt. Ltd., a renowned high-tech and global engineering group. The intervention aims to facilitate essential monthly supplies to the marginalised community during the crisis, and raise awareness on COVID-19 as the underprivileged section of the society continue to remain the […]
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[CII-Young Indians & RCC Diva Install “SUGADHARAM” Touch Free Handwash System](
May 04, 2020 09:16 pm
CII-Young Indians in association with RCC Diva and the Greater Chennai Corporation launched “SUGADHARAM”, a Touch Free Hand Wash System. It was inaugurated at Tiruvanmiyur Market jointly by Actress Gowthami, and Mr. Vardharajan, Executive Engineer, Adyar Zone GCC. RCC Diva Foundation who sponsored this installation were represented by Manisha Pramod Chordia, Sangeetha Harish Marlecha, Nisha Bisani, Vikas Jain and the Project Team. From CII-Young Indians Aditya Roongta, Immediate Past Chair, Vishal Mehta, Chair, Krishna Nathani, […]
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