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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102374) | |
21861. [Startup Bharat] Enterprise SaaS firm Kovai.co wants to do for Coimbatore what Freshworks did for Chennai
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- The knowledge-based software that offers content producers and consumers state-of-the-art search, real-time data analytics, tutorials, technical documentation, and self-service guides has acquired 300 customers, and is the fastest-growing product in the Kovai.co portfolio.
- Everybody is trying to standardise their documentation, especially now after COVID-19. Document360 is well-suited for remote-working setups. Moreover, the millennial crowd doesn’t want to contact support. Hence, it is becoming critical for companies to have a self-service knowledge base. That way they can reduce their customer support cost significantly, and people can find relevant answers to their questions quickly.
- The founder says, “We are both in the same space and building the same kind of features. So, we wanted to collaborate and make it bigger. Cerebrata is focused on individual developers, while we are focused on big companies. Due to the complementary nature of both products, we saw a huge potential for cross-selling between our customer bases. We are expecting an additional 15-20 percent top-line revenue growth through the Cerebrata acquisition.”
21862. [Startup Bharat] Gradeazy allows educational institutes to conduct online exams at just Re 1 per student
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- Surat-based edtech startup Gradeazy offers an intuitive performance assessment platform that all institutes can use to conduct any kind of examinations, from MCQ to subjective tests.
- Speaking to YourStory, Dishant says, “ Even after a decade of digital transformation, we still do not see local institutes adopting online exam platforms. Ironically, it takes only Rs 7/km to reach Mars, but institutes pay Rs10-15 for every student attempting an online test.
- The co-founder says the edtech startup has managed to bring down the cost to just Re 1 per student attempt by using the latest technology. It aims to earn revenue not by charging high prices from one institution, but by lowering the prices enough for more education institutes to switch to an online exam process using Gradeazy.
21863. White Lotus to Invest Rs 100 Crore in Sustainability Space
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Outlook
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- India – Business Wire India White Lotus has announced that it will invest a sum of Rs 100 crore in sustainability space. The amount will be used to set up infrastructure to practice and promote innovation to fuel sustainable practices across industry verticals, the Bengaluru-based company said.
- To take the plan forward, the company said it has set up a “venture studio” to help provide support that range from designing the idea/solution, business modelling, product designing, technology frame working, packaging, finance, HR, sales, and distribution access to mentoring, etc.
- The White Lotus Venture Studio will allow partners to design quickly, prototype, launch, and validate their businesses in the Indian market before scaling up. The studio also intends to provide investment for commercial manufacturing for selected ideas that have the potential to scale into successful businesses.
21864. This Bengaluru startup offers fantasy cricket fans an AI-powered platform to better manage their teams
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- Bengaluru-based strategy cricket manager simulation platform SuperCric allows cricket fans to put on their captain's hat and see how each choice they make affects the outcome of the match.
- The growing market for fantasy sports led Bengaluru-based sports-tech startup AnalytIQ Sports Technology Pvt Ltd to launch cricket manager platform SuperCric in September 2020 to capture this growth opportunity.
- “By testing choices and gauging possible outcomes through this tool, fantasy players have an opportunity to improve their chances of winning bigger. SuperCric is not a fantasy platform; it's the ideal tool for fantasy gamers to make smarter choices, and provide them with the probability of a win with a 90 percent accuracy rate,” says Suhail Chandhok, Co-founder, SuperCric.
21865. Silicon Valley investors Naval Ravikant, Balaji Srinivasan invest in Koo
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
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India
Cnbctv
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- Silicon Valley investors Naval Ravikant and Balaji Srinivasan have made a bet on domestic microblogging platform Koo.
- Ravikant, who cofounded AngelList, and Srinivasan, formerly the CTO of Coinbase and General Partner at Andreessen Horowitz, are the latest angel investors to join Koo's cap table, after several Indian entrepreneurs, such as BookMyShow founder Ashish Hemrajani and Flipkart CEO Kalyan Krishnamurthty recently, invested in the platform.
- Koo founder Aprameya RadhaKrishna confirmed the funding and said "it will be great to have Balaji and Naval as a sounding board."
21866. Why this husband-wife duo felt the need for blockchain-based push notifications
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- EPNS is a decentralised DeFi notification protocol (smart contract) which any dApps or services can use to send beautiful notifications to the wallet addresses of Ethereum.
- The platform allows services to send notifications to the wallets. But apart from just notifications, users also earn from receiving the notifications. Since the encrypted data of these notifications is stored on the blockchain (directly or indirectly), it not only enables the team to send push notifications out to mobile or tablets but essentially to any centralised or decentralised carriers.
- While the duo had experience in building notifications and blockchain, most push notifications are centralised and require association of device ids to usernames (for example: Facebook knows you have signed in because they have a server monitoring that).
21867. GAIL India to invest in startups through 'Pankh', calls for proposals
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Moneycontrol
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- Indian government agency Gail (India), on April 5, said that it was going to invest in start up to operating in focus areas through its initiative ‘Pankh’.
- The PSU has even opened a fresh round for solicitation of investment proposals from the startups which operate in natural gas, petrochemicals, energy, project management, bio-manure marketing, nano materials, IoT, data mining, environment, health and social
- Indian government agency Gail (India), on April 5, said that it was going to invest in startups to operating in focus areas through its initiative ‘Pankh’.
21868. [Startup Bharat] 1, 10, or 1,000? This Madurai-based customised T-shirt startup will fulfil your order
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- Madurai-based customised T-shirt startup Tee Labs stands apart from the competition by offering a range of options with no minimum order quantity. It claims to make to order around 600 T-shirts per day and plans to open offline stores soon.
- The fact that there’s a T-shirt for every kind of person has ensured that this garment remains popular across the world. And if there isn’t one that suits your taste, Madurai-based Tee Labs promises to customise one for you.
- “Custom design on custom sizes is the best combination. Tee Labs was built on the idea that you should not need graphic design skills to create your own T-shirt. Our designers make it simple: if you can send a text, you can design your own T-shirt,” Rajesh says.
21869. 2025 तक 5 लाख इलेक्ट्रिक कारे बेचेगी Mahindra, कर रही है 3000 करोड़ का निवेश
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
Hindi
India
News18
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- महिंद्रा अगले तीन साल में इलेक्ट्रिक व्हीकल बिजनेस में 3000 करोड़ रुपये का निवेश (Invest) करने वाली है. कंपनी का लक्ष्य वर्ष 2025 तक पांच लाख इलेक्ट्रिक कारें बेचने का भी है.
- महिंद्रा समूह के प्रबंध निदेशक (MD) और मुख्य कार्यपालक अधिकारी (CEO) अनीष शाह ने इस बारे में जानकारी दी है.उन्होंने कहा है कि इलेक्ट्रिक वाहनों के क्षेत्र में हम 3000 करोड़ रुपये निवेश करने जा रहे है, यह निवेश उसके अलावा होगा जिसकी घोषणा हमने पहले की थी. s
- महिंद्रा एंड महिंद्रा ने पूर्व में कहा था कि वाहन और कृषि क्षेत्रों में अगले पांच सालों में 9000 करोड़ रुपये निवेश करेगी. कंपनी ने 2025 तक पांच लाख इलेक्ट्रिक वाहनों को भारतीय सड़को पर उतारने का लक्ष्य रखा है और वह भारत में ईवी बिजनेस में 1700 करोड़ रुपये का निवेश कर चुकी है. इसके अलावा 500 करोड़ रुपये नए अनुसंधान एवं विकास केंद्र में निवेश किया है
21870. How Kolkata-based Rare Planet is working to empower local artisans and disrupt the Indian handicrafts market
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- Kolkata-based retail lifestyle startup Rare Planet aims to provide a sustainable income to local karigars by promoting indigenous handicrafts made of terracotta, copper, ceramic, brass, wood, and marble.
- Kolkata-based retail lifestyle startup Rare Planet Handicrafts is looking to provide sustainable income to local artisans by promoting indigenous Indian handicrafts and selling them via ecommerce and direct offline retail.
- “Terracotta kulhads that are used and thrown after drinking tea are generally baked once in the open under the sun. Our cups are baked in the furnace two times and then kept out in the sun for durability. They are coated to make them non-stick and washable, making them reusable,” Ranodeep says.