IAN Invests Rs 1.8 Crore in EV Tech Startup Electrifuel

The startup intends to utilize the freshly raised funds for expanding in-house teams, scaling up production, and investing in its R&D.

Electrifuel, a Delhi-NCR based EV technology startup, has raised INR 1.8 crore in its Seed Round from the Indian Angel Network (IAN). The round was led by IAN Lead Investors Mr. Vishnuraj Kunjur, Mr. Sahil Kejriwal, and Mr. Pradeep Gupta.

The company intends to utilize the funds to hire top talents for multiple roles to expand its team while scaling up production. Electrifuel also plans to invest in its R&D for the overall growth of the enterprise.

Founded in 2017 by a group of engineers, Sumesh Kumar, Sunil Kumar, Abhishek Kumar, and Ujjwal Bhardwaj, Electrifuel enables EV and battery manufacturers to provide products with precise geolocation and cellular connectivity, efficient and fast charging, effortless battery swapping, warranty and service management.

Electrifuel was born when Ujjwal came up with the idea of creating a battery swapping system for two and three-wheelers after witnessing the concept of e-rickshaws in Delhi. However, they realized that the technologies required to establish an EV ecosystem are either unavailable or expensive. They saw an opportunity to fill this gap, and incepted Electrifuel with a vision of becoming the go-to EV and battery tech solution provider. With an incubation in Electropreneur Park (a Ministry of Electronics and Information Technology initiative, backed by STPI & IESA), Electrifuel got access to state of the art labs, mentoring & guidance from experts and industry veterans.

As of now, Electrifuel has deployed more than 15000 units of its products to 25+ customers and in trials with 4 Battery Manufacturers. Apart from the battery Management System, they also provide necessary hardware like Motor Controller, Vehicle Control Unit, Telematics, Battery Charger, and complete suite of Web & Mobile Apps as software solutions for enterprises and customers.

Ujjwal Bhardwaj, co-founder, Electrifuel, said, “At Electrifuel, we are constantly working on EV technologies that can accelerate the world’s transition from fossil fuels to electric vehicles. While we have been a bootstrapped company since our inception, with IAN backing us now, we will scale up at a much faster pace and grow our team. We are looking to speed up the development of new products, acquire more clients, and expand our overall footprint.”

Vishnuraj Kunjur, Lead Investor at IAN

Vishnuraj Kunjur, Lead Investor at IAN said, "As the world is moving towards green energy, Electric Vehicles (EV) are the future to solve the fossil fuel crisis. There is a need for robust hardware and software to support, enhance the productivity and effectiveness of EVs. Electrifuel has developed proprietary, indigenous battery management (BMS), Telematics hardware, and EV operating system through Electrifuel’s SaaS model. Their equipment and software model is already proven considering the number of units implemented by leading manufacturers such as Greenfuel, Indigrid, Waaree, Hyperex, etc., also the huge pipeline they have with all Tier1 EV automobile firms in India and around the globe. We at IAN are excited to be part of Electrifuel’s journey, growth, and mission towards increasing the productivity of green energy in the EV ecosystem."

The market size of EV & Battery tech is valued at 5000 Crores by 2025, out of which around 1200 crores worth is addressable with currently deployed products.

About Electrifuel

Electrifuel enables EV and Battery Manufacturers to make Reliable & Smart products while reducing time to market with Ready to Integrate Hardware & Software solutions and support in Development to Production and Deployment.

EV Fleet Operators & Battery Swapping operators can augment & optimize their business by leveraging our suite of offerings including- Telematics - Intelligent EV IoT, Battery Swapping Infra & Operating System.

About IAN

Indian Angel Network is India’s first and world’s largest business angel network with close to 500 members across the world, comprising the who’s who of successful entrepreneurs and dynamic CEOs. With investors from 12 countries, IAN’s presence spans 7 locations, which includes cities in India and the UK. The network is sector agnostic and has funded start-ups across 19 sectors in India and 7 other countries growing global footprint companies. With an excellent track record, IAN has been giving excellent cash exits year-on-year to its investor members, for the last 12 years. Some of its marquee investee companies include Druva, Spinny, Box8, Uniphore, WOW Momos, Consure, Fareye, NOCCARC, Propelld, Skit.ai amongst many others.

IAN Fund, an INR 375 crore VC fund is a uniquely differentiated seed/early stage Fund that aims to transform India’s entrepreneurial landscape. The fund invests in innovative companies in sectors including healthcare and medical devices, VR, AI, software as a service, marketplaces, fin-tech, big data, artificial intelligence, agritech, and hardware. With this, IAN has created the single largest platform for seed and early-stage investing, enabling entrepreneurs to raise from Rs. 25 lakhs to Rs. 50 crores.

R Discovery and Springer Nature Partner to Create An Open-access Content Bank for Global Researchers

The partnership will enable researchers to access Springer Nature’s content in the form of daily recommendations on R Discovery 

R Discovery, a Cactus Communications (CACTUS) brand, has partnered with Springer Nature, global academic publisher, to help broaden the reach of open access (OA) content to the global researcher community. The inclusion of Springer Nature’s OA portfolio into R Discovery means that the platform offers its over 1.4 million researchers access to high-quality OA content in over 32,000 journals worldwide across a breadth of subject areas.

Commenting on the partnership, Abhishek Goel, CEO & Co-founder, CACTUS, said, “Helping the scientific community with access to a vast bank of content is one of our top priorities. Our aim is to bring the most relevant and recently published scientific literature to the fingertips of researchers across the globe. By providing access to full-text open-access papers, we can facilitate content discovery and help save reading time. With this association, researchers will now have access to some of the most valuable OA research published in Springer Nature via the R Discovery app.”

Till Moepert, Vice President Indirect Channels at Springer Nature said, “Researchers are at the heart of what we do and ensuring access and engagement with high-quality content is central to the advancement of knowledge and discovery. With a long history in OA, we are committed to supporting researchers with streamlined routes to high-quality content in the fields of science, technology, medicine and the humanities and social sciences, alongside our wider commitment to supporting open data and open research, for example by creating the largest linked open data set in SciGraph and supporting FAIR data projects through our Text and Data Mining API’s. Partnering with the Cactus Communications R Discovery App enables us to continue this rich tradition of making open research accessible through new platforms and avenues and supporting the research community with access to the widest possible content, tools, and services.”

Among a host of CACTUS products, R Discovery is used by researchers regularly for literature search via the app or the web version. It currently has over 32,000 journals covering over 9.5 million research topics across subject areas such as life sciences, biology, medicine, philosophy, political science, environmental science, social sciences, and psychology. With more than 30 million open access articles available and access to paywalled articles with one’s university credentials, R Discovery is one of the largest repositories of research that is accessible on the go.

Springer Nature is one of the first major publishers to make their content available to R Discovery. By combining Springer Nature’s expertise in publishing high-quality research with R Discovery’s online platform for millions of researchers, both organizations aim to deliver an upgraded and seamless experience for the communities they serve.

To know more please visit- R Discovery (Web | Android | iOS)

Cactus Communications (cactusglobal.com), a technology company accelerating scientific advancement. CACTUS solves problems for researchers, universities, publishers, academic societies, and life science organizations through innovative products and services developed under the brands Editage, Cactus Life Sciences, Researcher.Life, Impact Science, UNSILO, PaperPal and Cactus Labs. CACTUS has offices in Princeton, London, Aarhus, Singapore, Beijing, Shanghai, Seoul, Tokyo, and Mumbai; a global workforce of over 3,000 experts; and customers from over 190 countries. CACTUS is considered a pioneer in its workplace best practices and has been consistently ranked a great place to work over the last several years.

About Springer Nature

For over 180 years Springer Nature has been advancing discovery by providing the best possible service to the whole research community. We help researchers uncover new ideas, make sure all the research we publish is significant, robust and stands up to objective scrutiny, that it reaches all relevant audiences in the best possible format, and can be discovered, accessed, used, reused, and shared. We support librarians and institutions with innovations in technology and data; and provide quality publishing support to societies. As a research publisher, Springer Nature is home to trusted brands including Springer, Nature Portfolio, BMC, Palgrave Macmillan, and Scientific American. For more information, please visit springernature.com and @SpringerNature.

SiMa.ai Develops the Industry’s First Purpose-Built Machine Learning System-on-Chipwith TSMC’s Power Efficient Technology

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Business Wire India

SiMa.ai, the machine learning company enabling effortless deployment and scaling at the embedded edge, today announced it has delivered a software-centric MLSoC Platform that enables quick and Effortless ML experiences for the embedded edge, benefiting from TSMC’s power efficient process technology and most comprehensive design ecosystem.

 

The SiMa.ai MLSoC, which is shipping to customers now, addresses any computer vision application and delivers a 10x better performance/watt solution – operating at the most efficient frames per second/watt. SiMa.ai’s push-button software experience allows users to effortlessly scale machine learning in minutes for robotics, smart vision, government, autonomous vehicles, drones, and healthcare applications.

 

As SiMa.ai’s foundry partner, TSMC manufactured SiMa.ai’s first-generation design of its MLSoC on the TSMC 16nm technology, which provides superior performance and optimal power consumption – an advantage for high-end edge applications.

 

“We partnered with TSMC to manufacture our MLSoC Platform because we wanted to work with the best. Our first-time-right silicon success allowed us to begin shipping products to customers immediately,” said Gopal Hegde, SVP Engineering & Operations, SiMa.ai. “Our customers have been waiting for a purpose-built software and hardware MLSoC platform and we are thrilled to work with TSMC to deliver the industry’s first and only solution that enables Effortless ML.”

 

For over three decades, TSMC has collaborated with countless innovative technology companies, helping them quickly launch their differentiated products to market with TSMC’s industry-leading process technology and manufacturing excellence. To help customers address design complexity and improve first-time silicon success, TSMC also works with its ecosystem partners via the most comprehensive design ecosystem, the TSMC Open Innovation Platform^® (OIP).

 

“TSMC has long-partnered with industry innovators to help them achieve the best possible power, performance and area (PPA) for their next-generation designs,” said Lucas Tsai, Director of Market Development and Emerging Business Management, TSMC North America. “We look forward to our continued collaboration with innovators like SiMa.ai to transform their forward-looking idea from inspiration into real products and enable advances in machine learning and countless other applications.”

 

The SiMa.ai MLSoC Platform is available today. For more information, visit https://sima.ai/get-10x-now/.

 

About SiMa.ai
SiMa.ai is a Machine Learning company delivering the industry’s first software-centric, purpose-built MLSoC platform. With push-button performance, we enable Effortless ML deployment and scaling at the embedded edge by allowing customers to address any computer vision problem while achieving 10x better performance at the lowest power. Initially focused on computer vision applications, SiMa.ai is led by technologists and business veterans backed by a set of top investors committed to helping customers bring ML on their platforms.

 

© Copyright 2022 SiMa Technologies, Inc. SiMa.ai logo and other designated brands included herein are trademarks in the United States and other countries.

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220830005232/en/

SiMa.ai Develops the Industry’s First Purpose-Built Machine Learning System-on-Chipwith TSMC’s Power Efficient Technology

https://ift.tt/CbSijIo

Business Wire India

SiMa.ai, the machine learning company enabling effortless deployment and scaling at the embedded edge, today announced it has delivered a software-centric MLSoC Platform that enables quick and Effortless ML experiences for the embedded edge, benefiting from TSMC’s power efficient process technology and most comprehensive design ecosystem.

 

The SiMa.ai MLSoC, which is shipping to customers now, addresses any computer vision application and delivers a 10x better performance/watt solution – operating at the most efficient frames per second/watt. SiMa.ai’s push-button software experience allows users to effortlessly scale machine learning in minutes for robotics, smart vision, government, autonomous vehicles, drones, and healthcare applications.

 

As SiMa.ai’s foundry partner, TSMC manufactured SiMa.ai’s first-generation design of its MLSoC on the TSMC 16nm technology, which provides superior performance and optimal power consumption – an advantage for high-end edge applications.

 

“We partnered with TSMC to manufacture our MLSoC Platform because we wanted to work with the best. Our first-time-right silicon success allowed us to begin shipping products to customers immediately,” said Gopal Hegde, SVP Engineering & Operations, SiMa.ai. “Our customers have been waiting for a purpose-built software and hardware MLSoC platform and we are thrilled to work with TSMC to deliver the industry’s first and only solution that enables Effortless ML.”

 

For over three decades, TSMC has collaborated with countless innovative technology companies, helping them quickly launch their differentiated products to market with TSMC’s industry-leading process technology and manufacturing excellence. To help customers address design complexity and improve first-time silicon success, TSMC also works with its ecosystem partners via the most comprehensive design ecosystem, the TSMC Open Innovation Platform^® (OIP).

 

“TSMC has long-partnered with industry innovators to help them achieve the best possible power, performance and area (PPA) for their next-generation designs,” said Lucas Tsai, Director of Market Development and Emerging Business Management, TSMC North America. “We look forward to our continued collaboration with innovators like SiMa.ai to transform their forward-looking idea from inspiration into real products and enable advances in machine learning and countless other applications.”

 

The SiMa.ai MLSoC Platform is available today. For more information, visit https://sima.ai/get-10x-now/.

 

About SiMa.ai
SiMa.ai is a Machine Learning company delivering the industry’s first software-centric, purpose-built MLSoC platform. With push-button performance, we enable Effortless ML deployment and scaling at the embedded edge by allowing customers to address any computer vision problem while achieving 10x better performance at the lowest power. Initially focused on computer vision applications, SiMa.ai is led by technologists and business veterans backed by a set of top investors committed to helping customers bring ML on their platforms.

 

© Copyright 2022 SiMa Technologies, Inc. SiMa.ai logo and other designated brands included herein are trademarks in the United States and other countries.

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220830005232/en/

Home Connectivity Alliance Announces First C2C Interoperability Demo of Large, Long-life Appliances for the Connected Home at IFA 2022

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Business Wire India

News Highlights:

• Home Connectivity Alliance (HCA) displays its first C2C (cloud-to-cloud) connectivity demonstration at IFA 2022 on Sept. 2-5 in Berlin, Germany.
• The technical demonstration from HCA member companies leverages C2C connectivity, enabling multiple brands of apps to control multiple brands of appliances, HVAC systems and TVs.
• HCA welcomes LG Electronics and Resideo as its newest members; connected home manufacturers are encouraged to join HCA now to be part of the future of C2C interoperability.

Home Connectivity Alliance (HCA), an organization dedicated to the development and promotion of safe and secure interoperability across long-life appliances, HVAC systems and TVs within the connected home ecosystem, will be displaying its first C2C (cloud-to-cloud) connectivity demonstration at IFA 2022 in Berlin, Germany on Sept. 2-5. The demo from multiple HCA member companies leverages C2C connectivity, enabling multiple brands of apps to control multiple brands of appliances, HVAC systems and TVs.

 

Global manufacturers moving at start-up speed

 

HCA achieved this interoperability milestone with its first C2C demo within nine months of its launch in January 2022.

 

“I’m pleased to announce HCA has achieved C2C connectivity less than one year since our launch,” said Yoon Ho Choi, President, Home Connectivity Alliance and Global Head of Planning & Partnerships, Home IoT Business, Samsung Electronics. “HCA’s goal is to provide consumers with more choices for their connected home through C2C interoperability, supporting the compatibility of both new and legacy devices across leading global brands. This milestone brings us a step closer to a simpler, safer and more secure smart home ecosystem that reflects real homes.”

 

Commitment to sustainability through energy savings

 

Large appliances and HVAC systems work together to manage and save energy in the home. With HCA, the data from your largest products – including how much energy they use and how to optimize it – becomes more accessible. This leads directly to insights you can act on, which ultimately results in real energy savings and cost savings for the consumer. In the coming months, HCA will work with energy management industry leaders to build solutions that pave the way for energy solutions for the whole home.

 

Dedicated to consumer innovation

 

The interoperability of smart home devices and long-life appliances provides consumers with more choices and options within their connected home environment. HCA’s consumer benefits include:

 

• Legacy products incorporated to work with current devices
• Cross-vendor interoperability so all brands work together
• Devices that save more energy to save consumers money

Meet with Home Connectivity Alliance at IFA 2022

 

To request a meeting, please email ifa@members.homeconnectivityalliance.org.

 

To learn more about the Home Connectivity Alliance, membership benefits and how to join, visit www.homeconnectivityalliance.org.

 

Member support

 

HCA was launched in 2022 by leading manufacturers in the connected home space to foster innovation and provide consumers with safe, interoperable appliances in the connected home. Members include American Standard Heating and Air Conditioning, Arçelik, The Electrolux Group, Haier, GE Appliances, Samsung, Trane Residential, and Vestel. HCA recently welcomed LG Electronics and Resideo as its newest members.

 

About Home Connectivity Alliance

 

The Home Connectivity Alliance is a member-driven organization dedicated to the development and promotion of safe and secure interoperability across long-life appliances, HVAC systems and TVs within the connected home ecosystem. For more information, visit www.homeconnectivityalliance.org.

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220830005019/en/

NIDEK Medical and Exergen Sign an Agreement for Distribution of Temporal Artery Thermometers in India

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Business Wire India
Exergen Corporation, the leader in infrared temperature measurement for medical applications, is pleased to announce that NIDEK Medical, a pan Indian Medical distributor, has signed an agreement to distribute the temporal artery line consisting of the TAT-5000, TAT-2000 and TAT-2000C Temporal Artery Thermometers and accessories in India.

“NIDEK Medical is delighted to be adding a high-quality brand like Exergen to its portfolio of healthcare products,” says Gaurav Sukhija, Country Manager and Vice President of Sales for India at NIDEK Medical. “We specialize in respiratory care and intensive care. We are committed to providing high-quality medical products backed by efficient service. With over a hundred distributors across the country, NIDEK Medical India has wide coverage throughout India in order to ensure an accelerated introduction of this state-of-the-art thermometry line.”

The founder and CEO of Exergen Corporation, Dr. Francesco Pompei, is delighted to be collaborating with NIDEK to bring Exergen’s temporal artery thermometer complete family line to the Indian healthcare market. “Exergen considers India to be a very important market. Not only because over one billion people live and work in India, but also because India has some of the best hospitals in the world. We are honored to be able to help change how doctors, nurses and consumers in India take temperature in an easier, more cost-efficient manner whilst providing an accurate reading in only 2 to 3 seconds.”

Exergen offers various models of Temporal Artery Thermometers of hospital-quality and one set for the end consumer

• The TAT-5000(S) is designed for large hospitals with high patient volumes. The TAT-5000S is already integrated with a number of well-known spot monitors, such as Philips SureSigns VS4, GE Healthcare VC*150, V100, Corometric Midmark IQvitals Zone, Capsule SmartLinx Vitals Plus, Spacelabs Qube, Xprezzon Qube Mini, Schiller Diagnostic Station DS20, and Mindray Accutorr 7 Series and VS-900 Series.
• The TAT-2000 is a highly accurate professional lite thermometer that will allow doctors and nurses to quickly measure a patient’s body temperature. The TAT-2000 is very robust and comes with a 7 years warranty. The TAT-2000 is very easy to use and greatly improves the productivity of doctors and nurses.
• The TAT-2000C is extremely easy to use, very comfortable on patients and of course highly accurate. The nice thing is that it even can be used whilst a patient is asleep.

Among the many benefits of Exergen’s Temporal Artery Thermometers are:

• Highly accurate temperature measurement: 1000 measurements per second guarantees that the Temporal Artery Thermometer measures the highest temperature in the temporal artery.
• Safe and very comfortable for the patient.
• Non-invasive because all it takes to perform a very accurate reading is a gentle swipe with the thermometer across the forehead of a person.
• Very fast: a very accurate measurement takes just 2-3 seconds.
• Very affordable.
• Highly robust and very easy to clean.
• The technology on which the Temporal Artery Thermometer is based is supported by more than 100 peer-reviewed and published clinical studies.
• Some professional models come with a Lifetime Warranty.
• The government of India has granted Metrology Certificates to Exergen for the whole family line, being the TAT-5000, TAT-2000 and the TAT-2000C

Dr. Pushpa Goyal, marketing manager for Exergen in India, says, “Exergen is highly committed to the healthcare market in India. We have not only invested in building our brand among all relevant stakeholders, but also have the support organization in place to fully support NIDEK Medical as our distributor with technical assistance and training.” 

Cold Storage Market Size is expected to reach at USD 323.6 Billion by 2030, registering a CAGR of 12.5%, Owing to Increasing Consumer Demand for Perishable Products

Acumen Research and Consulting recently published report titled “Cold Storage Market Share, Analysis Report and Region Forecast, 2022 - 2030”

TOKYO, Aug. 30, 2022 (GLOBE NEWSWIRE) -- TOKYO, August 31, 2022 (GLOBE NEWSWIRE) – The Global Cold Storage Market Size accounted for USD 115.6 Billion in 2021 and is estimated to achieve a market size of USD 323.6 Billion by 2030 growing at a CAGR of 12.5% from 2022 to 2030.

Cold Storage Market Report Key Highlights

• Global Cold Storage Market value was USD 115.6 billion in 2021, with a 12.5% CAGR from 2022 to 2030
• North America Cold Storage Market dominated with more than 37% market share in 2021
• According to PIB India, the country has 8186 cold storages with a capacity of 374.25 lakh MT for keeping perishable horticultural produce such as fruits and vegetables in 2020
• By application, seafood segment attained more than 35% of total market share in 2020
• Asia-Pacific cold storage market is expected to grow with substantial CAGR during the forecast period from 2022 to 2030
  
  

Request For Free Sample Report @

https://www.acumenresearchandconsulting.com/request-sample/3083

Report Coverage:

Market	Cold Storage Market
Cold Storage Market Size 2021	USD 115.6 Billion
Cold Storage Market Forecast 2030	USD 323.6 Billion
Cold Storage Market CAGR During 2022 - 2030	12.5%
Cold Storage Market Analysis Period	2018 - 2030
Cold Storage Market Base Year	2021
Cold Storage Market Forecast Data	2022 - 2030
Segments Covered	By Warehouse Type, By Construction Type, By Temperature Type, By Application, And By Geography
Cold Storage Market Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled	Americold Logistics, Nichirei Corporation, Agro Merchants Group, United States Cold Storage, VersaCold Logistics Services, Coldman, Lineage Logistics Holdings, Burris Logistics, Kloosterboer, Tippmann Group, Henningsen Cold Storage Co, and Congebec Inc.
Report Coverage	Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

According to forecasts, the global cold storage market share will continue to grow over the following years. The demand for processed or packaged food, perishable food items, and medical equipment is rapidly increasing with time on a global scale. The growing demand for organized retail with perishable food, as well as consumer awareness to eliminate food waste in emerging economies is becoming more structured, and this trend is expected to augment demand for cold storage market growth over the projected timeframe. Government initiatives deregulating foreign company entry have increased Foreign Direct Investment (FDI) in retail companies in certain regions, which increase the demand for cold storage for a longer product lifespan.

Moreover, compared to conventional stores, organized department outlets use improved refrigeration and storage technology. As a result, consumers are increasingly buying frozen vegetables from these retailers. The increased demands for frozen and chilled foods, as well as the rapidly growing organized retail sector, are expected to drive demand for cold storage market trend over the forecast period. Furthermore, with the advancement of recent innovations, the use of cold chains in the food and beverage industry aids in the prevention of food quality degradation. As a result, technology advancement has contributed to the international expansion of the cold storage market. Various outlet formats are supported by organized retail, depending on consumer spending and proximity to important residences and usage clusters.

Global Cold Storage Market Dynamics

Cold storage warehouses are used to preserve perishable products and goods such as vegetables, fruits, meat, fish, and milk products at a specific temperature in order to keep the quality of their products for an extended period of time. Cold storage facilities are essential components of the distribution chain that transports food, medications, as well as other temperature-sensitive goods. A significant initial investment is required to establish a cold storage facility. Cold storage technology provides benefits such as sophisticated refrigeration technology and preserving and tracking systems for numerous items such as fruits and vegetables, reducing the likelihood of temperature-sensitive production waste significantly. Furthermore, the advancement of the cold storage industry is being molded by a wide range of consumer wants that are not limited to additional benefit services. They are also related to the type of items being stored. Different products have various shelf lives, temperature varies in which products must be kept, and the duration of time they can travel without rotting between such a cold storage unit and a transporting vehicle.

Check the detailed table of contents of the report @

https://www.acumenresearchandconsulting.com/table-of-content/cold-storage-market

Rising Consumer Demand for Perishable, Goods Drives Market Share

In recent years, consumers have become more aware of wellness and health as well as the impact that food nutrients, particularly protein, have had on overall mental and physical development and growth. Perishable food products are in high demand in emerging economies in the Asia-Pacific and Latin America. This is due to rapid urbanization, changing tastes and preferences, and rising disposable income in these countries. Perishable foods like dairy food, fruits, and vegetables, as well as high-protein animal-based products like meat, fish, eggs, and seafood, have changed in how often they are consumed as a result. Moreover, Due to their lower rate of adoption, these countries possess a significant market potential for packaged and frozen food products. These countries' consumption of ready-to-eat and prepared meals, such as frozen meals, sweets, and snacks, is steadily increasing.

Market Segmentation

The global cold storage market has been segmented by Acumen Research and Consulting based on warehouse type, construction type, temperature type, and application. By warehouse type, the market is separated into private, and public. By construction type, the market is divided into bulk storage, ports, and production stores. By temperature type, the market is classified into frozen, and chilled. By application, the market is categorized into fruits & vegetables, processed food, dairy, pharmaceuticals, and fish, meat & seafood.

Global Cold Storage Market Regional Outlook

North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are the regional classification of the global cold storage market. According to cold storage industry analysis, the Asia-Pacific region is expected to be the fastest-growing region in the market over the next few years. Over the last decade, there has been a significant shift in industrial growth and capital inflows in Asia Pacific regions, particularly in China and India, contributing to rapid economic development. Furthermore, the region's growing urban population, rising expendable income, rising consumer consciousness of frozen and prepared food, the rapid expansion of the e-commerce industry, and rising demands for packaged food are driving demand for the cold storage market in Asia-Pacific. Furthermore, advancements in warehouse operations and refrigerated mass storage, combined with federal subsidies to advance the cold storage sector, are enabling network operators to enter such emerging economies by utilizing creative technologies that can overcome distribution complexities.

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Cold Storage Market Players        

The market is relatively fragmented, with many international businesses present. These market participants are attempting to increase their customer base through strategies including partnerships, investments, and mergers and acquisitions. Also, to increase their international footprint, various players implemented advanced technologies and connected systems for better outcomes. Different development strategies such as acquisition, collaborations, mergers, and regulatory frameworks promote future growth and provide lucrative opportunities for expansion to the cold storage market participants.

Some of the prominent cold storage market companies are Americold Logistics, Nichirei Corporation, Agro Merchants Group, United States Cold Storage, VersaCold Logistics Services, Coldman, Lineage Logistics Holdings, Burris Logistics, Kloosterboer, Tippmann Group, Henningsen Cold Storage Co, and Congebec Inc.

Questions Answered By This Report

• What was the market size of Cold Storage Market in 2021?
• What will be the CAGR of Cold Storage Market during the forecast period from 2022 to 2030?
• Who are the major players in Global Cold Storage Market?
• Which region held the largest share in Cold Storage Market in 2021?
• What are the key market drivers of Cold Storage Market?
• Who is the largest end user Cold Storage Market?
• What will be the Cold Storage Market value in 2030?
  
  

Browse More Research Topic on Storage Related Sector:

The Global Carbon Capture and Storage Market size accounted for USD 2,784 Million in 2021 and is estimated to reach USD 8,636 by 2030, with a significant CAGR of 13.7% from 2022 to 2030.

The Global Hydrogen Energy Storage Market accounted for USD 14,415 Million in 2020 and is expected to reach USD 23,103 Million by 2028 with a considerable CAGR of 6.3% during the forecast period of 2021 to 2028.

The Energy Storage as a Service Market accounted for USD 1,230 Million in 2020 with a considerable CAGR of 9.8% throughout the forecast period from 2021 to 2028.

About Acumen Research and Consulting:

Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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Ergo Properties Announces the Sale of the Eureka Building and Plans to Expand Eureka Hub Coworking Spaces

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Ergo announced today the sale of the three-acre tech campus located at 1621 Alton Pkwy in Irvine, California, with plans for greater expansion in the region and in Canada

Ergo Properties Logo

Ergo Properties Logo

IRVINE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) -- In August 2022, Ergo Properties announced the sale of the Eureka Building Campus for an undisclosed amount located at 1621 Alton Parkway in Irvine, California. Ergo bought the vacant property in 2013 and transformed it into a multi-tenant creative campus with office space, venues, a cafe and event programming.

When they announced plans for the Eureka Building in 2013, it was to help catalyze the entrepreneurship community in Orange County. They did this by building a three-acre creative office campus that attracted companies from Silicon Valley and across California to relocate to Irvine. Called a haven for the geeky and creative by the OC Register, it housed their new coworking concept Eureka Hub as well as event venues that helped catalyze the community. Eureka hosted over 600 events since their doors opened in 2014, including Startup Grind, Tech in Motion, Cox Get Started, TCVN, OCTHH, OCTANe, Tech the Halls, Techtoberfest and our multi-day Eureka Fest.

After nine years of supporting the tech and creative community of Orange County, Eureka has expanded and evolved, bringing Eureka Hub to Canada with plans for greater expansion in Toronto and new Eureka Hub locations coming soon to California. 

"It has been incredible to see how the startup and tech community has grown and the part Eureka got to play. From day one, we considered ourselves a resource in an area that was underserved and poised for growth," says Peter Polydor, President of Ergo Properties and Founder of Eureka.

In the years since Eureka Building opened, universities in the area like Chapman and UC Irvine have all made investments and created incredible spaces to support students and alumni creating the future in OC. Eureka Hub will continue to be part of the Southern California tech scene with new locations soon to be announced later this year.

About Ergo Properties

Ergo Properties is a privately held commercial real estate investment and development company headquartered in Toronto, Canada, with offices in California. Founded in 2005, they look to acquire, improve and re-position properties morphing them into destinations that add value both to their investments and to the communities they are located in. 

For more information, visit ErgoProperties.com

About Eureka Building

Launched in January 2014, the Eureka Building is a three-acre creative office, coworking and event campus in Irvine designed to offer Orange County's startups a community, accelerate innovation and support local entrepreneurship. Founded by Peter Polydor, it is meant to offer a centrally located, all-inclusive, utilitarian space where creativity can flourish, and business can thrive. For more information, visit EurekaBuilding.com

About Eureka Hub

Eureka Hub offers flexible workspaces for entrepreneurs, freelancers, and startups of all sizes. More than just a workspace, Eureka Hub is a community. They strive to create a culture of ambition and innovation, and their application-based membership ensures a community of like-minded people with relevant events and networking opportunities. Eureka Hub runs hundreds of events through our venues, as well as hosting several major conferences ourselves. The largest of these is Eureka FEST, a multi-day networking festival featuring multiple stages, speakers and has attracted over 1200 attendees from all over the world. For more information, visit EurekaHub.com

Contact: Victoria Lyubinetskaya

victoria@eurekahub.com

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Ergo Properties Logo








Image 2: Eureka Building


Eureka Building located at 1621 Alton Parkway in Irvine, California.

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Accenture Invests in Satellite Tech Startup Pixxel To Offer AI-powered Solutions on Climate Issues

Accenture, through its venture capital firm arm, Accenture Ventures, has announced today that it has made a strategic investment in Bengaluru-based space/satellite technology company, Pixxel, which has emerged as a leader in cutting-edge earth imaging technology since it was founded in 2018.

With Accenture Ventures, Accenture partners and invests in growth stage Deep-tech B2B startups to deliver innovation to its clients.

To date, Pixxel has raised a total of $33 million in funding to date. Based in Bangalore with a presence in Los Angeles, Pixxel is building the world’s highest resolution hyperspectral imaging satellite constellation in order to offer industry AI-powered insights that discover, solve, and predict climate issues at a fraction of the cost of traditional satellites.

Pixxel had earlier signed an MoU with Indian space agency ISRO's commercial arm, NSIL, to launch the its first remote-sensing satellite and India's first private remote-sensing satellite on an ISRO PSLV rocket in early 2021 however the launch with ISRO didn't take off but the startup managed to launch its first satellite, part of its eventual 36-satellite planned satellite-constellation, aboard a SpaceX Falcon 9 rideshare mission, in April this year.

With funding from Accenture, Pixxel will now join Accenture Ventures’ Project Spotlight, an engagement and investment program by Accenture focused on investing in companies that create or apply disruptive enterprise technologies. In addition to funding, Project Spotlight connects emerging technology software startups with the Global 2000 to fill strategic innovation gaps, and offers extensive access to Accenture’s domain expertise and enterprise clients, helping startups harness human creativity and deliver on the promise of their technology.

Pixxel’s satellites can capture images at hundreds of wavelengths in the electromagnetic spectrum and reveal key data about the health of our planet that is invisible to other satellites. 

Pixxel’s planned constellation of hyperspectral satellites will reshape how businesses across agriculture, defense, mining, environmental, and other critical industries make decisions on a global level to reduce their environmental impact. The data from Pixxel’s satellites provides 8X more information and 50X better resolution than existing in-market options.

Pixxel’s first commercial phase satellites are scheduled to be launched in early 2023 along with the commercial sale of its data. With six satellites flown in a sun-synchronous orbit (SSO) around a 550 km altitude, Pixxel’s hyperspectral constellation will be able to cover any point on the globe every 48 hours. With even more satellites scheduled to launch in late 2023, Pixxel will achieve daily global coverage by early 2024. The learnings from the data beamed down by this constellation will provide a global scale perspective of planetary-scale ecosystems and biospheres that will be used to create an AI-informed analysis platform and a digital twin of the earth.

Interestingly, Pixxel was one of the very few finalists in the SpaceX Hyperloop Pod Competition in 2017 and then in 2022 launched its own satellites as part of SpaceX’s fourth dedicated rideshare mission. The team (now Pixxel) was one of the 20 finalists out of the 2500 that had applied globally for the competition, and had presented a working Hyperloop pod prototype to Elon Musk at the SpaceX headquarters in LA.

Started in late 2018, by BITS Pilani graduates Kshitij Khandelwal and Awais Ahmed, Pixxel was Asia's only space startup to qualify for the 2019 Techstars Starburst Space Accelerator in Los Angeles

Paytm Foundation and United Nations Environment Program join hands to establish Air Quality Action Forum

Representational

Set to work together and put forth discussions, challenges and solutions for tackling India’s air pollution crisis

National and International organizations convened to share scale up programs to reduce air pollution

Under the Corporate sector pillar, which is one of the 6 stakeholder pillars under the AQAF, startups working on scalable air pollution related technologies invited to share their technologies

Paytm Foundation in partnership with United Nations Environment Program (UNEP) set up the Air Quality Action Forum. The forum, through stakeholder consultations, will highlight the efforts undertaken to mitigate the impact of air pollution in India.

The launch of the AQAF is a step to facilitate an inclusive approach towards curbing air pollution in India. In a step towards the same, effective implementation along with collaboration between all the stakeholders, including from the government is key to achieving the desired objectives under it.

While addressing one of the consultation meetings, Vijay Shekhar Sharma, Founder and CEO, Paytm, said, “We all must come together to mitigate the impact of air pollution in India. The Forum will work towards creating corporate champions. The air quality meters should become part of the Production Linked Incentive scheme."

"There is a need for the inclusion of a clean air initiative as part of “Swachh Bharat Mission” with ranking of states and cities on the basis of air pollution levels," he added.

In line with the objectives of the AQAF, consultation meetings were organized across all six stakeholders, aimed to identify everyone’s views on various issues concerning air pollution in India, and the possible solutions that could lead to its reduction.

Some of the solutions that came out of the consultation meetings are:

1. Need to create an ecosystem for innovative solutions and products
2. Promoting pilot studies/ projects to understand the efficacy and scalability of local solutions
3. Integration of health aspects in the current framework for air quality management and standardization of air quality measurement parameters

The feedback and suggestions from these discussions have provided critical inputs to draft a report on understanding the challenges, gaps, needs and synergizing solutions. The report will be released at the Forum Convention soon. The Centre of Excellence for Research in Climate Change, (CERCA) at IIT-D is being onboarded as an implementing partner. Many other public and private sector organizations and well-known academic institutions like DTU participated and contributed to the success of the consultation meetings.

During the consultations, Shri. Arvind Nautiyal, Member Secretary, Commission for Air Quality Management in National Capital Region and Adjoining Areas, Mr. Sudheer Chintalapati, Joint Director, MoEFCC, and Dr. Prashant Gargava, Member Secretary, CPCB also provided useful insights on the initiatives that the government is undertaking for air pollution mitigation.

Vijay Shekhar Sharma has been named as UN’s environment patron for clean air. This initiative is part of Paytm’s commitment to advocate UN Environment's global BreatheLife campaign by generating awareness about pressing social and environmental issues, and alleviating them through collaborative partnerships.

AI/ML-based Fintech Start-up Impactsure Raises $1 Mn as Seed Capital to Fund its Growth

Impactsure Founders (L-R)- Ashish Jha, Co-Founder & COO; Dharmarajan, Founder Director & CEO; Subramaniyan N, Founder Director

Impactsure Technologies raises USD 1 mn as seed capital to fund its growth

The AI-powered document analytics firm attracts investors from the US, UK, and India in its first-ever fund-raising activity

Impactsure Technologies (Impactsure), an Artificial Intelligence (AI) and Machine Learning (ML) powered digitisation and analytics company that simplifies complex operations in corporate banking and trade finance has raised USD one million as seed capital during its maiden fund-raising endeavour to fund its growth activities. The participants in this round are individuals who have invested in their personal capacity. The company did not disclose the valuation and stake dilution from this round.

Impactsure offers trade finance solutions that enable banks, financial institutions, and corporations with advanced intelligent data analytics and document processing, using artificial intelligence (AI) and machine learning (ML), for critical processing and compliance-related requirements that improve business outcomes and customer experience, increase operational efficiency and reduce compliance risks. The addressable trade finance solutions market is estimated at $3 billion, and the value of global trade is expected to be $24 trillion by 2026.

Impactsure Founders

Commenting on the funding, Mr. Dharmarajan Sankara Subrahmanian, Founder Director & CEO, Impactsure, said, “The amount raised in this round will be utilised for key talent acquisition and resources retention, customer acquisition, geographical expansion, branding, marketing & business development; and towards IP, digital product assets & technology tools, infrastructure. We foresee double-digit growth opportunities in the BFSI space for our flagship automation product, SureMatch. This incremental capital will enable us to fully leverage the emerging opportunities.”

To support its growth, Impactsure recently expanded its senior management team by onboarding BFSI technology leader, Ramasubramanian S (Sriram) as President, Banking Operations and human resources specialist, Vinu Pillai as head HR.

Impactsure has entered into several strategic alliances and partnerships with established players in the tech market, including Google, Deloitte, Microsoft and Amazon, to expand its reach and impact. The company was recently recognised as the Star Performance (new entrant) of the Transaction Banking (Trade Finance) category in the coveted Annual IBSi Annual Sales League Table 2022. Impactsure also bagged the Best Trade Finance Implementation Award for the Best Adoption of Tools & Governance, at IBS Intelligence Global FinTech Innovation Awards 2021.

About Impactsure Technologies:

Impactsure creates AI products for banks, financial institutions, and corporates to enable digital transformation. The Company uses the latest AI/ML and NLP technologies to build user-centric tools and scalable and secure solutions. These offerings are developed by experts who have vast experience in analytics, multiple domains, and technology; they empower clients to deliver valuable business and operational outcomes. For more info, visit www.impactsure.com

Shiprocket Partners with Invest India to Build D2C 2.0 - The Next Generation of D2C Brands

Rocketfuel D2C Accelerator X Startup India Initiative at Invest India invites new-age D2C startups across the country to apply for a 3-month program

A cohort of 10 breakout startups will receive cash grants, shipping credits and an opportunity to get investments from Shiprocket and its fund partners

Startup India Initiative at Invest India, the guiding vision maker for India’s entrepreneurship ecosystem, has partnered with Shiprocket, India’s latest unicorn and leading eCommerce enabler to build D2C 2.0 together, backing the next generation of consumer products built by founders from across the country. The program will help accelerate D2C and eCommerce startups who have delivered early success and on-ground impact with products built by Bharat, for Bharat.

D2C startups can apply for the Rocketfuel D2C Accelerator hosted exclusively on the Startup India portal. Shiprocket will be offering INR 1 Lakh in cash grants to each of the shortlisted startups, in addition to the INR 50,000 provided in shipping credits on an immediate basis and provide an opportunity to get investments upto INR 50 Lakhs from Shiprocket and its fund partners.

During the 3-month accelerator program, Shiprocket will support the D2C startups with top-tier privileges for logistics and eCommerce services, providing shipping credits that can be used on its platform. Additionally, startups will gain access to D2C Verse, a pan-India D2C community of key startups and investors and receive one-on-one mentorship from the leading minds of the industry. The shortlisted startups will also benefit immensely from Startup India’s guidance and pan-India reach.

Speaking on this, Saahil Goel, Co-Founder and CEO of Shiprocket said “Startup India is one of the largest platforms for startups and entrepreneurs in India. With their support, Shiprocket can further propel the growth of early-stage D2C and eCommerce startups across the length and breadth of all emerging markets in India. Our aim is to create a support system that caters to not just the monetary requirements of companies but one that encompasses all aspects of the business. This collaboration with Startup India is one step towards achieving that goal.”

Mr. Deepak Bagla, MD & CEO, Invest India, said: “The excellence of Indian ingenuity has been at the forefront who are developing impactful frugal solutions as India’s strength. As we move towards an Atmanirbhar Bharat, envisioned by the Hon’ble Prime Minister, it becomes imperative to ensure that India builds on these strengths and this challenge will help D2C founders to distribute their impactful products in more and more households across the country.”

Applications for the program are open till 15th September 2022, and the results will be declared on 28th September 2022.

Apply Here —» https://www.shiprocket.in/rocketfuel/

About Invest India

The most awarded investment promotion agency in the world, Invest India is the advisor, guide, and facilitator to every investor looking to make a home in India. We are the first point of contact for global companies whom we handhold from the day they start exploring India and at every step of the way throughout their journey in the world's most liberal investment destination.

About Shiprocket

Shiprocket is India’s largest eCommerce enablement platform providing digital retailers an end-to-end customer experience platform. The platform creating an operating system for direct commerce enables shipping, fulfilment, customer communication and marketing tools as well as providers for SMEs, D2C retailers, and social commerce retailers in India. With 17+ courier partners on board, the brand permits pan-India as well as international shipping deliveries. Its shipping solutions are available across 24,000+ pin codes within India and 220 countries worldwide.

Launched in 2017, Shiprocket is on a mission to create a seamless logistics data platform that connects retailers, carriers, and consumers across national and international locations. Shiprocket provides a technology stack to help retailers integrate their shopping websites on Shopify, Magento, WooCommerce, Zoho, and others with the platform’s multi-carrier API to manage orders, prints, and shipping labels. It also avails tracking information from multiple providers, including managing Cash on Delivery (COD) orders and payment reconciliation. Shiprocket also offers state-of-the-art fulfilment solutions with more than 45 warehouses located across India. The technology stack provides a robust post-purchase experience to consumers resulting in higher engagement and lower RTO (failed deliveries).

Today, Shiprocket is the platform behind more than 2.5L sellers who generate a GMV of more than $2.5B annually. The platform delivers packets to more than 70M consumers annually and is growing transactions 2.5-3X year on year.

Statiq Plans to Invest Rs. 40 Cr in Building EV Charging Infra Across Residential & Commercial Projects

Statiq has plans to invest Rs. 40 crores in terms of offering EV charging infrastructure and service free of charge across residential and commercial complexes

Statiq, India’s leading electric vehicle (EV) charging network, has plans to invest Rs. 40 crores in building EV charging infrastructure across residential and commercial projects. According to plans, they will offer free hardware installation as also free vehicular charging for the first year to residents of the complexes. Their plans are initially going to focus on the Delhi-NCR region followed by the metro cities and then extend to all Indian urban regions. Statiq’s aim with this plan is to boost EV charging facilities across the country at prime locations and reach the maximum number of EV users.

Each charging hub will be equipped by Statiq with two 7.7-kW type-2 connectors for the new-age 4W passenger vehicles and two 3.3-kW smart sockets to be used by all EVs. With this ambitious plan, the company is closing in on its grand plans to add over 20,000 new EV chargers to its network before the end of this year, and help more EV users to #StayCharged and commute stress-free.

Co-Founder and CEO, of Statiq, Akshit Bansal says, "Majority of charging activity takes place at home. Cities in India are densely populated and a majority of this population lives in residential apartment setups providing charging at these spots becomes a priority. Given the disparity in demand and supply of electricity in these cities providing a charger at every spot isn't feasible. Thus, we are setting up semi-fast chargers and incentivizing them via free charging. Not only does it give them the convenience of charging at their residences and operating their vehicle free of cost but also brings about a sense of confidence amongst residents to buy an Electric Vehicle due to the presence of reliable charging infrastructure”

As a company, Statiq wants to provide an end-to-end ecosystem for EV charging and assure everybody that a Statiq EV charging station will always be at hand. Working towards that aim, just recently Statiq has raised over Rs. 200 crores in Series ‘A’ funding. They have teamed up with Hero Electric and also collaborated with EV maker Ather, to enhance the combined EV charging network in the northern states of India. The latest proposition is the next step on Statiq’s part to expedite this process further.

Over the last year, Statiq has launched numerous charging stations to reinforce its already considerable network. By the end of the year, Statiq aims to have an approximately 20,000-strong charging network. Each location is handpicked for one singular reason – that it is located on busy routes with extremely extensive footfalls. Statiq is looking forward to making many more such announcements.

About Statiq

Founded in 2019 by Akshit Bansal and Raghav Arora, Statiq is an ambitious tech-first start-up that is rising to the challenge of building one of the largest public EV charging stations network in the country today. They aim to provide an end-to-end service for EV charging solutions for landowners, EV users, and vehicle manufacturers. If that’s not enough, they are also building India’s smartest EV charging network and helping each stakeholder grow with the company.

HR Tech Platform InstaHyre Continues to Move on an Exponential Growth Trajectory

Trusted hiring partner for more than 30 million job seekers and 10,000+ companies, the HR Tech platform has enjoyed a solid year of business growth in 2021 and is expecting continued growth in the current year as well.

Instahyre - an advanced AI-based hiring platform, has recently announced strong fiscal, customer and internal growth for FY21 as well as upcoming strategies for expanding business in 2022. The AI-powered hiring platform has grown 4x in the last year, witnessing most of its growth within the last 6-7 months attributable to the launch of its innovative hiring technologies and subsequent boost in sales.

Instahyre has recorded a solid year of business growth in FY21 that included a 4.2X increase in the revenue accompanied by an increase of staff to over 3X. Additionally, the company also witnessed a 380% increase in the number of job seekers on the platform. Instahyre’s SaaS product offering has also contributed to the addition of 30 million candidates and over 7000 companies ranging from enterprises to high-growth startups and unicorns.

In addition to the upgradation to the SaaS product, the company has added new technologies to its portfolio, including Instahyre Drives, which claims to handpick the best candidates for mass hiring using AI instantly. The new product technology has garnered traction from companies like Amazon, Walmart, Google and 800 of the world’s largest companies, unicorns and high-growth startups.

Sarbojit Mallick

“We are extremely happy with our 2021 results from product, revenue and operations perspective. Owing to these successes, we are very well positioned for expansive growth of the team, customers and company. The team size has increased and we are strengthening our departments with senior hires as we look to launch globally. We will be focussing on expanding in the IT services segment, where we have received overwhelming response. For geographical expansion we are looking to foray into US talent markets as many US companies and startups already use Instahyre for their Indian offices,” commented Sarbojit Mallick, Co-founder & CBO of Instahyre.

A major initiative Instahyre has undertaken for the current year is to build a unified platform for recruitment with automation with 10-12x more candidate engagement than any of the available solutions in the market. The AI-powered hiring platform uses technology to understand a candidate’s personality and employer DNA to match them. Additionally, the company processes millions of data points to understand intent and behaviour from both the supply and demand points of view.

The new products from Instahyre will help integrate all the hiring segments, from sending the first email to the offer email. The platform helps with 50-80% of all the hiring needs of its clients with intelligent inputs from Instamatch for building a high-performance talent pipeline. Additionally, it has saved 72% of the hiring costs of its clients by using technology extensively to automate manual tasks, reminders, etc., for faster closure, reducing time-to-hire and lowering the cost-per-hire.

Founded in 2016, Instahyre is an advanced hiring platform that leverages artificial intelligence to enable recruiters to hire top talent effortlessly. The AI-powered hiring platform condenses hours’ worth of manual efforts such as applying filters to search for suitable candidates, checking if they are interested etc., by providing recruiters with a curated list of candidates ready for hire. In addition, the AI-led hiring enables recruiters to spend more time perfecting candidate experience, while Instahyre does the heavy lifting of providing quality profiles.

India Gets 1st CoE for DNA Forensics, Set Up by National Forensic Sciences University in Tech Collab With Thermo Fisher Scientific

A state-of-the-art facility, it will provide research and training opportunities to DNA forensic scientists and law enforcement experts

Thermo Fisher Scientific, the world leader in serving science, in technical collaboration with National Forensic Sciences University (NFSU) has set up the Centre of Excellence (CoE) for DNA Forensics at the NFSU campus in Gujarat, India.

A first-of-its-kind in India, the centre, was inaugurated formally by Shri Amit Shah, Hon’ble Minister of Home Affairs and Minister of Co-operation, Govt. of India in the august presence of Shri Harsh Sanghavi, Hon’ble Minister of State (Home) and Minister of Revenue, Govt. of Gujarat, Shri Jitubhai Vaghani, Hon’ble Education, Science and Technology Minister, Govt. of Gujarat, Shri Rajendra Trivedi, Minister of Law and Justice, Govt. of Gujarat and Shri Ajay Kumar Bhalla, Union Home Secretary, Govt. of India. Also present for the inauguration were Dr. J.M. Vyas, Vice Chancellor, NFSU, Amit Chopra, Managing Director, India and South Asia, Thermo Fisher Scientific, Jagjit Singh Anthak, Director, Genetic Sciences Group and Specialty Diagnostics Group, Thermo Fisher Scientific.

Thermo Fisher Scientific has equipped the facility with its entire DNA workflow which includes sophisticated systems for DNA extraction, real-time PCR instruments, DNA sequencers/ genetic analyzers, next-generation sequencers and rapid DNA technologies along with consumables, software and validation services.

Shri Amit Shah, Hon’ble Minister of Home Affairs and Minister of Co-operation, Govt. of India inaugurated India’s first Centre of Excellence for DNA Forensics set up by National Forensic Sciences University in technical collaboration with Thermo Fisher Scientific.

The centre has been created to facilitate training and education for the students of NFSU and across forensic labs, and for law enforcement experts (police, judiciary).

“We are proud to be a technical partner to set up this centre of excellence for DNA Forensics, the first in the country, in collaboration with NFSU. Our end-to-end workflows underscored by robust technologies and application expertise, streamline human identification analysis. These highly accurate systems aid experts with investigative leads for making evidence-based decisions. Through our association with institutes such as NFSU, we remain committed to our Mission to enable our customers to make the world healthier, cleaner and safer”, said Amit Chopra, Managing Director, India, and South Asia, Thermo Fisher Scientific.

The NFSU-Thermo Fisher Centre of Excellence for DNA Forensics will eventually be hallmarked as a model set up for DNA casework and databasing workflows for nationwide adoption.

About Thermo Fisher Scientific

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. For more information, please visit www.thermofisher.com

About NFSU

The National Forensic Sciences University is the world’s first and only University dedicated to forensic, behavioral, cybersecurity, digital forensics, and allied sciences. It was established by the Government of India with the objective of fulfilling the acute shortage against the increasing demand for forensic experts in the country and around the world. For more information, please visit www.nfsu.ac.in.