Firefly Networks, A Wi-Fi JV of Airtel & Vodafone Idea (Vi) Sold to iBus Network and Infrastructure

Firefly Networks, A Wi-Fi JV of Airtel & Vodafone Idea (Vi) Sold to iBus Network and Infrastructure

Bharti Airtel and Vodafone Idea (Vi) have sold their entire stakes in their joint venture, Firefly Networks, to iBus Network and Infrastructure for ₹9 crore.

Key Points:

Stake Sale: Both Airtel and Vodafone Idea sold their 50% stakes in Firefly Networks for ₹4.5 crore each.

Firefly Networks: Firefly Networks was a joint venture between Bharti Airtel and Vodafone Idea (Vi), established in 2014 to provide high-speed Wi-Fi infrastructure across India. The JV was setup to counter Reliance Jio. It aimed provide high-speed Wi-Fi infrastructure in urban centers, targeting locations like malls, hospitals, and educational institutions.

Projects: Firefly Networks worked on high-profile projects, including deploying Wi-Fi services in New Delhi Municipal Council (NDMC) areas.

iBus Network: The buyer, iBus Network and Infrastructure, specializes in delivering in-building solutions and last-mile connectivity. They act as a neutral infrastructure provider for telecom operators.

Deal Closure: The deal is expected to close within 30 business days from the date of execution of the agreement.

Financial Impact:

Airtel's Disclosure: Firefly contributed 0.0065% to Airtel’s turnover and 0.0007% to its net worth in FY24.

Vodafone Idea's Disclosure: Firefly added ₹5.5 crore to Vodafone Idea’s losses during the same period.

This transaction marks the end of a joint venture that began with ambitions to challenge other major players like Reliance Jio in the domestic Wi-Fi market.

Top Skills Needed to Succeed in Artificial Intelligence Careers

Top Skills Needed to Succeed in Artificial Intelligence Careers

As artificial intelligence (AI) continues to revolutionise various industries, the demand for skilled professionals in this field is growing rapidly. To succeed in an AI career, individuals must develop a combination of technical and soft skills. This article explores the essential skills needed for a career in AI and how educational programs can help aspiring professionals acquire these competencies.

Technical Skills

1. Programming Languages

Proficiency in programming languages is fundamental for AI professionals. Python is particularly popular due to its simplicity and extensive libraries like TensorFlow, PyTorch, and scikit-learn. Other important languages include R, Java, and C++. Mastery of these languages enables professionals to develop algorithms, manipulate data, and implement machine learning models.

2. Mathematics and Statistics

A strong understanding of mathematics and statistics is crucial for developing AI algorithms. Key areas include linear algebra, calculus, probability, and statistical methods. These concepts form the foundation of machine learning, enabling professionals to create accurate models and interpret data. Many educational programs, such as an MIT AI course, cover these topics comprehensively, helping students build a solid mathematical foundation.

3. Machine Learning and Deep Learning

Machine learning (ML) and deep learning are at the core of AI. Understanding various ML algorithms, such as decision trees, support vector machines, and neural networks, is essential. Deep learning, a subset of ML, involves working with neural networks to solve complex problems. Professionals must be familiar with frameworks like Keras and PyTorch to implement these models effectively.

4. Data Science and Data Engineering

Data science skills, including data cleaning, preprocessing, and analysis, are vital for AI professionals. Data engineering involves building and maintaining data pipelines, ensuring that data is accessible and reliable. These skills are crucial for handling large datasets and extracting meaningful insights. Artificial intelligence course offers comprehensive training in data science and engineering.

5. Natural Language Processing (NLP)

NLP is a specialised area within AI that focuses on the interaction between computers and human language. It involves tasks such as speech recognition, language translation, and sentiment analysis. Proficiency in NLP tools and techniques is essential for developing applications like chatbots and virtual assistants.

Soft Skills

1. Problem-Solving and Analytical Thinking

AI professionals must possess strong problem-solving skills to tackle complex challenges. Analytical thinking enables them to break down problems, analyse data, and develop innovative solutions. These skills are critical in designing algorithms and models that address specific business needs.

2. Communication Skills

Effective communication is vital for AI professionals, especially when working in cross-functional teams. They must be able to explain complex technical concepts to non-technical stakeholders. Good communication skills also help in presenting findings and making data-driven recommendations.
Continuous Learning and Adaptability

The field of AI is constantly evolving, with new technologies and methodologies emerging regularly. AI professionals must be committed to continuous learning and staying updated with the latest advancements. Adaptability is crucial for navigating the dynamic nature of the industry and embracing new tools and techniques.

Conclusion

A successful career in artificial intelligence requires a diverse set of technical and soft skills. Educational programs, including various artificial intelligence courses, provide comprehensive training, equipping students with the knowledge and experience needed to excel in the field. By developing these essential skills, aspiring AI professionals can position themselves for success in a rapidly growing and exciting industry.

IG Drones’ ‘AgriDrone’ Solution Leveraging 5G Connectivity Wins Prestigious Hackathon by Govt of India

IG Drones’ ‘AgriDrone’ Solution Leveraging 5G Connectivity Wins Prestigious Hackathon by Govt of India

IG Drones Wins Prestigious 5G & Beyond Hackathon by Govt of India
  • IG Drones, India’s First 5G drone maker is revolutionizing agriculture with its cutting-edge 5G technology. The company’s innovative product- AgriDrone delivers unparalleled capabilities, including rapid and reliable data transfer using 5G technology, real-time monitoring, analysis, and operational control from virtually anywhere.
IG Drones, India’s leading drone technology company, which has been using 5G technology through its innovative drone solutions, has achieved yet another milestone by winning the 5G & Beyond Hackathon 2024, organized by Department of Telecommunications (DoT), Government of India. The hackathon, which is an esteemed initiative by the Government, is aimed at identifying and promoting innovative applications of 5G technology tailored for India. It witnessed participation from the country’s brightest minds and most forward-thinking companies. IG Drones’ ‘AgriDrone’ solution, leveraging 5G connectivity to address critical challenges in the agricultural sector, has set a new benchmark of using the 5G technology in this sector.

As India’s first 5G drone manufacturer, IG Drones showcased its AgriDrone solution at the hackathon, the results of which were announced in December 2024. The advanced drone delivers unparalleled capabilities using 5G technology, including rapid and reliable data transfer, real-time monitoring, analysis, and operational control from virtually anywhere.

At the heart of IG Drones’ achievement lies its commitment to leveraging 5G technology for groundbreaking advancements. 5G’s unparalleled speed, ultra-low latency, and high connectivity enable seamless data transmission, real-time decision-making, and remote operational control, redefining the way drones interact with cloud-based platforms. These capabilities have immense potential for industries such as agriculture, infrastructure, and disaster management, enabling precise monitoring, rapid data analysis, and actionable insights from virtually anywhere.

Ashish Jena, Co-Founder & Chief of Products at IG Drones, expressed his pride in the team’s achievement: “Winning the 5G & Beyond Hackathon is a testament to IG Drones’ relentless pursuit of innovation. By integrating 5G technology into our AgriDrone solution, we are not only advancing agriculture but also setting new benchmarks for the drone industry. This accomplishment underscores our vision of leveraging cutting-edge technology to create scalable, impactful solutions that address real-world challenges.”

Bodhisattwa Sanghapriya, Founder & CEO of IG Drones, emphasized the broader implications of this success, adding, “As India’s first 5G drone maker, we are proud to pioneer technological advancements that drive progress in critical sectors like agriculture. This achievement highlights the potential of 5G to transform industries, and we are committed to leading this transformation. We extend our gratitude to the DoT for this platform and to our partners and team for their unwavering support and dedication.

The AgriDrone’s enhanced communication capabilities ensure seamless data transmission, utilizing 5G’s high-speed connectivity to facilitate rapid and reliable data transfer between the drone and cloud-based platforms, enabling faster decision-making.

The integration of 5G technology allows for real-time monitoring of agricultural fields, offering precise insights and facilitating timely interventions. Additionally, farmers and operators can now control the drone’s functions remotely, ensuring operations are efficient and accessible from anywhere. This innovative approach addresses key issues such as crop health monitoring, pest control, and yield optimization, transforming the agricultural landscape in India.

The 5G & Beyond Hackathon aligns with the Government of India’s vision of fostering innovation and self-reliance in technology under the Atmanirbhar Bharat initiative. IG Drones’ accomplishment not only underscores the transformative power of 5G but also positions the company as a leader in driving India’s technological advancements.

The India Drone Market is projected to grow from USD 654 Million in 2024 to USD 1,437 Million by 2029, growing at a CAGR of 17.0% during the forecast period. When it comes to agriculture, drones are transforming the sector in India through innovations in crop monitoring, precision farming, and resource management. They enable early issue detection, efficient pesticide and fertilizer application, precise water usage, and livestock monitoring, while reducing farmers' exposure to harmful chemicals. Additionally, drones help minimize environmental impacts and lower input costs. Government initiatives, including subsidies, rental schemes, and training programs, further promote the adoption of agriculture, and empower farmers with advanced technology to boost productivity and sustainability. Notably, IG Drones has also established Centers of Excellence (COEs) across educational institutes like IIMs to provide drone related training and upskilling across sectors.

About IG Drones

Founded with a vision to revolutionize industries through drone technology, IG Drones is India’s leading drone manufacturing and solutions company. Known for its innovative approach and commitment to excellence, IG Drones specializes in developing drones that address critical challenges across sectors such as agriculture, infrastructure, and disaster management.

Adani and US-based Panattoni to Setup Logistics Parks in Kochi

Adani and US-based Panattoni to Setup Logistics Parks in Kochi

Major companies including Adani Group and US-based industrial real estate company, Panattoni, are planning to set up logistics parks in Kochi, Kerala, reported the New India Express, citing Industries Minister P Rajeeve.

California-based Panattoni has chosen a 100-acre plot at Edayar Industrial Estate for its logistics park. The project is in the final stages of discussion, and work is expected to begin soon.

Adani Group plans to invest ₹500 crore to develop a logistics park on a 70-acre space near HMT in Kalamassery. The park will feature state-of-the-art warehouses and is expected to create hundreds of new jobs.

E-commerce giant Flipkart is nearing completion of its facility at Kalamassery Park, which will become operational by the end of the year.

A Bengaluru-based company is setting up a third logistics park at Parakadavu, Angamaly, covering an area of 2.5 lakh sqft. The logistics parks will enhance Kochi's infrastructure and connectivity, making it an attractive location for businesses

Kochi's warehousing market has seen significant growth, with transaction volumes increasing by 239% to 0.9 million sqft in 2022-23 from 0.3 million sqft the previous year.

Industries Minister P Rajeeve highlighted that Kochi's proximity to Cochin Port and Vizhinjam Port makes it an attractive location for logistics parks. He highlighted Kochi's strategic location, proximity to Cochin Port, and easy access to Vizhinjam Port as key attractions for setting up logistics parks. He also mentioned that the projects will help create hundreds of new jobs.
The Flipkart facility at Kalamassery Park is nearing completion and is expected to become operational by the end of the year, generating around 1,000 direct and 3,000 indirect jobs.

This development is a significant step towards boosting Kochi's logistics sector and creating new job opportunities.

Kerala State Industrial Development Corporation (KSIDC) has developed multiple logistics parks across the state to support industrial growth and enhance connectivity. Kalamassery Logistics Park is located near Kochi and is a key hub for warehousing and distribution activities. Edayar Industrial Estate is an another important logistics park in the Kochi region, providing essential infrastructure for various businesses.

Situated in Angamaly, Parakadavu Logistics Park is part of the ongoing development projects in the region.

These parks are strategically located near major transportation hubs, including Cochin Port and Vizhinjam Port, enhancing their accessibility and efficiency.

Accenture Acquires Digital Twin Platform Developed by Singapore-based Percipient

Accenture Acquires Digital Twin Platform Developed by Singapore-based Percipient

Accenture has acquired a digital twin technology platform from Percipient, a Singapore-based fintech company.

The platform acts as a virtual duplicate of banks' legacy and modern systems, integrating and unifying data into a single real-time hub.

Percipient’s platform serves as a digital twin—or virtual duplicate—of banks’ legacy and modern systems, integrating and unifying the data from each one into a single-real time hub. This can reduce the challenges that many banks face around core modernizations by simplifying the application of data and enabling faster development of new products and services, all without overhauling existing systems or disrupting operations.

This technology helps financial services clients in the Asia Pacific region accelerate the reinvention of their core systems, fostering innovation and driving growth.

The acquisition complements Accenture's existing banking modernization capabilities, enabling banks to move away from legacy systems and adopt cloud and AI-led services.

Banks transitioning to a modern, cloud-enabled digital core could see up to a 60% increase in revenue growth rates and a 40% rise in profits, according to Accenture's research.

Navin Suri, the founder and CEO of Percipient, along with the company’s core technology leadership team, will join Accenture.

Masashi Nakano, Accenture’s Financial Services lead for Asia Pacific, emphasized the urgent need for transformation in banks' core systems, which are often decades old and costly to maintain.

Navin Suri highlighted the shared vision to reinvent digital transformation at financial institutions, enabling banks to seamlessly transform their legacy systems with greater agility and speed.

This acquisition is expected to significantly enhance Accenture's capabilities in helping banks modernize their core systems and unlock new opportunities for growth.

Apple Fires Several Indian-origin Employees for 'Misusing' Donation Scheme

Apple Fires Several Indian-origin Employees for 'Misusing' Donation Scheme

Apple has terminated several Indian-origin employees in the US for allegedly misusing the company's matching grants scheme. Under this program, Apple matches employees' donations to qualified charities. However, some employees reportedly created false donation records and arranged for the funds to be returned to themselves.

According to Mashable, Apple reportedly terminated 185 employees at its Cupertino headquarters for allegedly misusing the company's matching grants scheme.

The employees allegedly created false donation records and arranged for the funds to be returned to themselves, exploiting Apple's Matching Grants program.

While six individuals have been named by authorities, none of them are Indian. However, other reports indicate that many of the dismissed employees were of Indian origin.

The investigation involves charities connected to the Indian community, including the Telugu Association of North America (TANA).

The fraud scheme allegedly defrauded Apple of approximately $152,000 over three years.

The Santa Clara County district attorney’s office has charged six former employees, and warrants have been issued for their arrest.

Apple has not yet provided an official statement regarding the incident. The FBI, IRS, and DOJ are investigating the potential misuse of matching grants. The Telugu Association of North America (TANA) is among the organizations under scrutiny by the FBI, IRS, and DOJ for potential misappropriation of matching grants.

This situation highlights serious concerns about nonprofit ethics and corporate integrity.

Adani Entering Petrochemical Business Through New JV with Thailand's Indorama Resources

Adani Entering Petrochemical Business Through New JV with Thailand's Indorama Resources

The Adani Group has partnered with Thailand's Indorama Resources Ltd to enter the petrochemical sector. This collaboration has led to the formation of a joint venture called Valor Petrochemicals Ltd (VPL), with both companies holding equal stakes of 50%.

The new JV is aimed at establishing a refinery and petrochemical complex in India.

The JV company, Valor Petrochemicals Ltd, is formed by Adani Petrochemicals Ltd (a subsidiary of Adani Enterprises Ltd) and Indorama Resources Ltd. With this, Adani Group aims to become a major player in India's petrochemical sector.

Key Details:

Project Location: The 000 project is a 2 million tonnes PVC plant in Mundra, Gujarat.
  • Phases:
    • Phase I: Development of a 1 million tonnes PVC plant by 2026.
    • Phase II: Development of an additional 1 million tonnes PVC plant by early 2027.
The plant will incorporate wind and solar power plants to meet its electricity needs.

Additionally, the JV also plans to develop a 3.2 million tonne Purified Terephthalic Acid (PTA) plant in Maharashtra.

Investment: The total cost of the project is estimated to be around Rs 35,000 crore (approximately USD 4 billion).

Future Expansion: Potential for additional projects in the Mundra region.

Sustainability: The plant will incorporate renewable energy solutions, including wind and solar power, to meet its electricity needs.

This partnership marks a significant step for Adani Group as it expands into the petrochemical industry, aiming to become a major player in India's petrochemical sector.

Indorama Resources' expertise and global reach make it a valuable partner in the petrochemical industry.

Indorama Resources Ltd is a global leader in the production of essential materials, including polymers, fibers, and yarns. It produce a wide range of products, including polyolefins, PET resins, fibers, yarns, polyester, cotton fiber, spandex, spun yarn, and medical gloves.

Indorama Ventures has several production facilities in Thailand, producing integrated polyester products, fibers, and other petrochemicals. The company operates in multiple countries, including the United States, Europe, and Africa, with facilities producing various petrochemical products.

Vodafone Idea & Lionsgate Play Sign Strategic Partnership to Offer Premium Content on Vi Movies & TV

Vodafone Idea & Lionsgate Play Sign Strategic Partnership to Offer Premium Content on Vi Movies & TV

Lionsgate Play will be available with all the Vi Movies & TV subscription plans, for both, existing as well as new customers

Vi, India’s leading telecom operator, announced a strategic partnership with premium streaming service, Lionsgate Play, unlocking an exclusive library of top-tier content. Featuring action blockbusters, iconic franchises, acclaimed films and series, global awards, exclusive premieres, and a range of dubbed content, Lionsgate Play promises an unmatched entertainment experience. This collaboration further expands Vi’s OTT portfolio, providing a premium, diverse library of Hollywood movies, original series, international titles and more at an affordable price.

Vi Movies & TV is designed to cater to the diverse entertainment needs of consumers, via aggregation of the top OTTs through a single app and single subscription offering consumers the convenience to enjoy content from a wide range of OTTs. Users can explore a rich selection of content, ranging from Disney+ Hotstar, SonyLIV, ZEE5 to Fancode for Sports as well as regional content from Sun NXT, ManoramaMax, Nammaflix, Klikk and Chaupal and now the best of Hollywood with its latest addition - Lionsgate Play. It also offers 300+ Live TV Channels including 30+ Live News Channels. All this is available through Vi Movies & TV app available for viewing on Smartphones, Smart TVs as well as Laptops & Tablets.

With Lionsgate Play, Vi Movies & TV users can now enjoy its extensive library of global hits, featuring blockbuster franchises like John Wick, The Hunger Games, and Saw, alongside standout titles such as Past Lives, Tokyo Vice, Paris Has Fallen, Normal People, Operation Fortune, Plane, Hitman’s Wife’s Bodyguard, The Iron Claw, The Beekeeper, Arcadian, and more. Additionally, users will have access to prestigious award shows like the Primetime Emmy Awards, Golden Globes, Critics’ Choice, and BAFTA Awards, bringing the best of premium, world class entertainment for Vi Movies & TV subscribers.

The partnership with Lionsgate Play is a testament to Vi’s continuing pursuit of innovation and commitment to delivering best-in-class entertainment. By continuously adding renowned platforms like Lionsgate Play to its offerings, Vi reaffirms its dedication to curating a rich and diverse content ecosystem tailored to the evolving tastes and preferences of Indian viewers.

Accenture Launches 'AI Refinery for Industry', A platform for organizations to Rapidly Build and Deploy AI Agents

Accenture Launches 'AI Refinery for Industry', A platform for organizations to Rapidly Build and Deploy AI Agents

Accenture has just launched AI Refinery for Industry, a platform designed to help organizations rapidly build and deploy AI agents to enhance their workforce, address industry-specific challenges, and drive business value faster.

“The launch of AI Refinery for Industry represents an expansion of the platform and our collaboration with NVIDIA—which helps clients convert raw AI technologies and tools into scaled enterprise AI systems—providing a foundation to accelerate agentic functionality and reimagine functions and industry processes,” said Lan Guan, chief AI officer, Accenture. “Our new industry agent solutions will empower organizations to conceptualize agents and quickly prove their value, hitting the ground running on day one as a network of digital teammates.”

Key Features:

Industry Agent Solutions: The platform includes 12 industry agent solutions, with plans to expand to over 100 solutions by the end of the year.

Built on NVIDIA AI: Powered by NVIDIA AI Enterprise software, including NVIDIA NeMo, NVIDIA NIM microservices, and NVIDIA AI Blueprints.

Reduced Development Time: These solutions can reduce the time to build and derive value from agents from months or weeks to days.

Customization: Organizations can customize these multi-agent networks with their data.

Use Cases:

Revenue Growth Management: Automate key decision processes related to promotional activities to maximize revenue.

Clinical Trial Companion: Personalize trial plans and provide guidance throughout a patient’s clinical trial journey.

Asset Troubleshooting: Swiftly troubleshoot or resolve industrial equipment issues using advanced multi-agent systems.

Availability:

Cloud Platforms: Available on all public and private cloud platforms.

Integration: Seamlessly integrates with other Accenture Business Groups to accelerate AI adoption.

This initiative represents a significant step towards democratizing advanced AI capabilities and fostering innovation across various industries.

Powered by Accenture AI Refinery—which is built with NVIDIA AI Enterprise software, including NVIDIA NeMo, NVIDIA NIM microservices and NVIDIA AI Blueprints, including Video Search and Summarization and Digital Human—these industry solutions can reduce the time to build and derive value from agents from months or weeks to days.

Nvidia Unveils Desktop Sized Personal AI Supercomputer Called Digits

Nvidia Unveils Desktop Sized Personal AI Supercomputer Called Digits

Nvidia recently unveiled Project DIGITS, a personal AI supercomputer designed to bring cutting-edge AI computing to researchers, data scientists, and students.

Project DIGITS features the new NVIDIA GB10 Grace Blackwell Superchip, offering a petaflop of AI computing performance for prototyping, fine-tuning and running large AI models.

With Project DIGITS, users can develop and run inference on models using their own desktop system, then seamlessly deploy the models on accelerated cloud or data center infrastructure.

Here are some key details:

Key Features:
  • GB10 Grace Blackwell Superchip: At the heart of Project DIGITS is the GB10 Superchip, delivering up to 1 petaflop of AI performance.
  • Unified Memory: 128GB of unified memory and up to 4TB of NVMe storage for handling large datasets.
  • Power Efficiency: Developed in collaboration with MediaTek, the superchip offers industry-leading efficiency.
  • Scalability: Two DIGITS systems can be connected to handle models up to 405 billion parameters.
  • Software Stack: Preloaded with NVIDIA's AI software stack, including tools like NVIDIA NeMo for fine-tuning models and NVIDIA RAPIDS for accelerating data science tasks.

Availability:

Price: Starting at $3,000, Project DIGITS will be available from Nvidia and its partners starting in May 2025.

Usage: Designed for prototyping, fine-tuning, and running AI models locally, with seamless deployment to cloud or data center environments.

This innovation aims to make powerful AI computing accessible to a broader audience, empowering developers to engage and shape the age of AI.

Nvidia Project DIGITS

Nvidia Project DIGITS

Tata Elxsi and CSIR-National Aerospace Laboratories to Accelerate Innovation in UAVs, UAM, and eVTOLs for Global Markets

Tata Elxsi and CSIR-National Aerospace Laboratories to Accelerate Innovation in UAVs, UAM, and eVTOLs for Global Markets
  • Tata Elxsi and National Aerospace Laboratories Sign Strategic Partnership for Advanced Air Mobility
Tata Elxsi and the CSIR-National Aerospace Laboratories (CSIR-NAL) have signed a strategic partnership to drive innovation in Advanced Air Mobility (AAM).

National Aerospace Laboratories, a constituent of the Council of Scientific and Industrial Research (CSIR), India, established in the year 1959 is the only government aerospace R&D laboratory in the country’s civilian sector.

CSIR-NAL is a high-technology oriented institution focusing on advanced disciplines in aerospace.

This collaboration is focused on driving innovation in emerging areas such as Unmanned Aerial Vehicles (UAVs), Urban Air Mobility (UAM), and electric vertical take-off and landing (eVTOL) aircraft.

Tata Elxsi and CSIR-National Aerospace Laboratories to Accelerate Innovation in UAVs, UAM, and eVTOLs for Global Markets

Here are some key details about this collaboration:

Focus Areas:

  • Unmanned Aerial Vehicles (UAVs): Developing advanced UAV technologies for various applications.
  • Urban Air Mobility (UAM): Enhancing air mobility solutions for urban transportation.
  • Electric Vertical Take-Off and Landing (eVTOL) Aircraft: Innovating in the field of eVTOL aircraft for efficient and sustainable air travel.

Partnership Goals:

  • Accelerate Product Development: Leveraging CSIR-NAL's aeronautical expertise and Tata Elxsi's technological capabilities in electrification, AI/ML, sensor fusion, and certification processes.
  • Build a Robust Ecosystem: Creating an ecosystem that integrates precision manufacturing, component suppliers, and tool vendors.
  • Shape Industry Standards: Contributing to the development of industry regulations and standards for AAM.
Manoj Raghavan, MD & CEO at Tata Elxsi, emphasized the importance of this partnership in pushing the boundaries of innovation and accelerating the development of next-generation air mobility solutions.

Dr. Abhay A Pashilkar, Director at CSIR-NAL, highlighted the collaboration's potential to develop innovative, scalable, and sustainable solutions that will shape the future of urban transportation.

This partnership is a significant step towards advancing AAM technologies and fostering innovation in the aerospace sector.

S.Africa-based Jendamark Automation's India Unit Inks MoU with Tech Mahindra

S.Africa-based Jendamark Automation's India Unit Inks MoU with Tech Mahindra

Indian unit of South Africa-headquartered Industry 4.0-enabled manufacturing solutions provider, Jendamark Automation, has signed a Memorandum of Understanding (MoU) with Tech Mahindra, to drive digital transformation in manufacturing. This partnership aims to explore mutually beneficial commercial opportunities and develop, implement, and support enterprise-class solutions for targeted customers.

The MoU was signed during the India-South Africa Business Conclave, organized by the India-South Africa Chamber of Commerce (ISAAC). The signing ceremony was attended by prominent figures, including Prof Anil Sooklal, South African High Commissioner to India, and Dammu Ravi, Secretary of Economic Relations, MEA.

The collaboration will focus on Jendamark's Odin Manufacturing suite of digital solutions, which are designed to enhance productivity and operational efficiencies across industries. Tech Mahindra will act as a global partner, helping to expand these innovative solutions to a broader market.

Odin Manufacturing is a suite of digital technologies designed to improve production efficiencies for the global manufacturing sector.

The MoU aims to explore mutually beneficial commercial opportunities and develop, implement, and support enterprise-class solutions for targeted customers.

Jendamark Automation is a global leader in industrial automation, specializing in the design and manufacture of assembly systems for various industries. Jendamark designs and builds systems for assembling automotive powertrains, from manual to fully automated setups.

Jendamark has a significant presence in Pune, with multiple assembly halls to handle growing projects.

Himanshu Jadhav, CEO and Director of Jendamark India, expressed excitement about reshaping the future of manufacturing and empowering industries worldwide with the tools they need to thrive in the digital era.

Teenu Tyagi, Head of Tech Mahindra’s Business Growth and Strategy Program, emphasized the potential for collaborative growth and innovation between the two companies.

This partnership marks a critical moment in advancing innovative manufacturing initiatives, blending Jendamark’s expertise in Industry 4.0 solutions with Tech Mahindra’s capabilities in digital transformation.

Ecom Express Launches ‘E-Pathshaala’, An LMS for Its Workforce Training

Ecom Express Launches ‘E-Pathshaala’, An LMS for Its Workforce Training
Ecom Express Limited (“Ecom Express”), India’s only pure-play B2C e-commerce logistics solutions provider as of the Financial Year 2024 (Source: RedSeer)*, unveils ‘E-Pathshaala,’ a transformative Learning Management System (LMS) that embodies the company’s commitment to redefining workforce development.

As part of Ecom Express’s continuous evolution, E-Pathshaala serves as a platform not only to upskill its workforce but also to open doors for fresh talent aspiring to build a career in supply chain and logistics. This initiative is part of the company’s continued efforts to drive operational excellence and foster a culture of learning and growth among its workforces, aligned with the company’s focus on strengthening its operational framework.

E-Pathshaala addresses the unique learning needs of delivery personnel, providing access to a rich repository of regional language motion graphic video courses. These courses are interactive, engaging, and tailored to equip Delivery Partners with the knowledge and tools needed to navigate the challenges of last-mile delivery effectively.

The platform also extends its offerings to Delivery Centre Managers, helping them lead teams with greater efficiency and accountability. Key features include regional language content for maximum inclusivity, certification for learning achievements to enhance professional credentials, comprehensive tracking to monitor progress and identify areas for improvement, and mobile-friendly access for learning anytime, anywhere. E-Pathshaala stands out with its user-friendly features, allowing delivery teams to seamlessly track their learning journeys.

Highlighting the significance of the initiative, Swati Mor, Chief Human Resources Officer, Ecom Express said, “E-Pathshaala is not just a testament to our unwavering commitment to the personal and professional growth of our workforce but also a gateway for aspiring individuals to build meaningful careers in logistics. By equipping them with the right knowledge and skills, we enhance individual performance and reinforce our mission to deliver operational excellence and customer satisfaction. The content of the modules has been strategically designed by our internal team operational and product excellence in conjunction with external partners

Since its inception, the platform has seen almost 65,000 unique users accessing the learning courses. So far, the total learning time spent is approximately 80,000 hours on the platform completing 7044 courses. The certifications act as tangible recognition of their skills, fostering motivation and accountability. This highlights the company’s commitment to structured investments in workforce development and empowering delivery teams. To mark this milestone, Ecom Express has unveiled an engaging promo video that showcases the transformative potential of E-Pathshaala. Viewers can explore the platform’s capabilities on the company’s LinkedIn and Facebook pages.

E-Motorcycle Manufacturer Oben Electric Secures ₹ 50 Crore in Series A Funding

E-Motorcycle Manufacturer Oben Electric Secures ₹ 50 Crore in Series A Funding
  • Funding round saw participation from Ambis Holding US, Kuberan Ventures, Karimjee Group from Africa, Mission Vertical-US Based VC, Sanjeev Saraf (Polyplex) Family Office, Pravek Kalp Family Office, and other existing investors.
  • Oben Electric plans to use the funds to expand its existing product offerings & distribution network to 100+ showrooms across 50 cities in India by FY26.
  • With this round, Oben Electric has raised a total of INR 150 Crores in equity funding to date utilizing which company has established itself as a market leader in e-motorcycle space with 4 e-motorcycle variants, 100,000 Vehicles/Year manufacturing facility & presence across 10 cities with 20+ showrooms.
Oben Electric, one of India’s most innovative & fastest-growing homegrown electric motorcycle manufacturers, has successfully closed its Series A funding round, raising INR 50 Crores. The funding round saw participation from Ambis Holding US, Kuberan Ventures, Karimjee Group from Africa, Mission Vertical-US Based VC, Sanjeev Saraf (Polyplex) Family Office, Pravek Kalp Family Office and other existing investors marking a significant milestone in the company’s growth journey, bringing total equity capital raised by the company to INR 150 Cr till date. Although India is the world's largest motorcycle market, only 1% of them are electric. This round validates investor confidence & thesis that EV transition of motorcycles is inevitable & players like Oben Electric are front runners of it.

With this funding, the company aims to expand its existing distribution network to 100+ showrooms along with Oben Care service centers across 50 cities in India by FY26, solidifying its leadership in the Indian Electric motorcycle market. Company also plans to utilize these funds to expand its current product offerings.

Oben Electric, is already making strides with its superior, vertically integrated & well researched e-motorcycle, selling under the brand name of “Rorr”, with 20+ stores across 10 cities in India such as Bengaluru, Delhi, Jaipur, Lucknow, Pune, Kochi, and Thiruvananthapuram, positioning it among the Top 10 players in the represented markets.

Commenting on the fundraise, Madhumita Agrawal, Founder & CEO, Oben Electric, commented, “We are thrilled to close this Series A funding round, marking a pivotal moment in our journey to build a global EV powerhouse. What differentiates Oben Electric is our unwavering commitment to innovation and independence. We’ve built this company from the ground up, without reliance on strategic investors or corporate backing, empowering us to remain agile and focus on what truly matters - delivering high-quality, high-performance EVs that address the unique needs of Indian consumers. We are deeply grateful to our new investors for their confidence in our vision, and to our existing investors for their ongoing support. This funding will fuel our next phase of growth as we expand across India and set our sights on entering strategic international markets, ultimately positioning Oben Electric among the top global players in the electric mobility space.”

Vinod Rustagi, Group CEO & Managing Director, Karimjee Group, Africa commented “India being world’s largest motorcycle market with ~12Mn units sold last year, giving them 66% market share of all 2-wheeler sales & only 1% of them being electric, we think it’s inevitable of ICE motorcycles to transition into electric. Premium & mass commuter electric-motorcycle segment is a blind spot of EV transition with limited to players, primed for disruption. Being present at the right time & place with right capabilities is essential for disruption & growth. Among a handful of EV companies working on motorcycle EV transition, we found Oben Electric best suited to disrupt & lead this transition. We believe Oben is ready for growth & will disrupt ICE to EV transition in the E-Motorcycle segment.”

Jeff Mamera, Founder & General Partner, Mission Vertical Capital said "We are very excited about the large and quickly growing total addressable market for Oben's e-motorcycles. Our deep dive into the industry convinced us that this management team has built an excellent intellectual property portfolio, efficient manufacturing and brought in strong talent to execute their go-to-market strategy."

Oben Electric has garnered attention in the Indian E-Motorcycle market with its groundbreaking Rorr product line. Company recently launched Oben Rorr EZ (Easy), priced from INR 89,999, which is transforming city commute with an impressive acceleration (0-40 km/h in 3.3 seconds), a top speed of 95 km/h and a range of up to 175 km (IDC) across three battery variants. Company continues to offer its flagship Oben Rorr, a high-performance electric motorcycle known for its exceptional specifications. All Oben products feature high performance LFP (Lithium Iron Phosphate) battery technology, the first of its kind in India's electric two-wheeler market, delivering superior resilience and longevity, even in extreme weather conditions.

Oben Electric stands out in the evolving EV market as an R&D-driven, vertically integrated company who designs & manufactures its own electric motorcycles and key components like batteries, motors, vehicle control units and home fast chargers unlike its competitors. Oben, with a team 300+ experts, manufactures its motorcycles & components at its fully compliant & operational 100K+ unit capacity manufacturing plant based in Jigani, Bangalore, with a strong domestic supply chain support of 150+ vendors. Oben Electric e-motorcycles have been tested on 200+ parameters (including components) for road worthiness, supported by 75000+ third party charging stations across 1600+ cities in India, 10+ ecosystem partners for insurance, financing & RSA services.

Oben Electric with its vision of ‘Designed in India for the World’ is primed to disrupt electric mobility space worldwide with its cutting-edge technology, superior product offerings, a growing distribution network, stable domestic supply chain, de-risked from regulatory & compliances perspective enabling them to scale production. Company aims to expand both its offerings & distribution network including exports for which it plans to raise USD 50 Million in Series B by Mid of 2025.

LG Introduces 2025 OLED EVO Lineup with AI-powered Personalization and Vibrant Brightness

LG Introduces 2025 OLED EVO Lineup with AI-powered Personalization and Vibrant Brightness

LG’s New OLED evo Exemplifies Visual Perfection With Striking Brilliance and Unrivaled Blacks, Along With AI Personalization for a Tailored User Experience.

LG Electronics (LG) today unveiled its 2025 OLED evo lineup, highlighting a range of advanced TV offerings, including the world’s first true wireless OLED evo M5, and OLED evo G5 models. With LG’s latest α (Alpha) 11 AI processor Gen2¹ at its core.

The latest OLED evo models present unparalleled OLED picture quality with impeccable blacks, exceptional brightness and advanced processing capabilities. Powered by AI-driven personalization, the LG OLED evo offers a customized experience tailored to each user and showcases the pinnacle of OLED innovation for an elevated home entertainment experience.

The latest OLED evo TVs feature LG’s upgraded Brightness Booster Ultimate technology, which enhances light control architecture and light-boosting algorithms to achieve brightness three times higher² than conventional OLED models. This significant boost in brightness brings fine details into focus across different brightness levels, resulting in a more vibrant and lifelike viewing experience.

LG OLED evo refines every detail to perfection with flawless blacks, accurate color reproduction and stable performance. The latest models achieve top-notch black levels in both bright and dark settings, producing vibrant and accurate colors. These advanced OLED displays have received UL Solutions’ “Perfect Black”, “Perfect Color” verification and are certified by Intertek for 100 percent color fidelity. The 2025 OLED evo TVs also boast rapid brightness and color temperature stabilization, earning TÜV Rheinland’s “Quick Stability with Image Quality” certification.³ This ensures users experience exceptional picture quality immediately upon powering on the TV.

LG Introduces 2025 OLED EVO Lineup with AI-powered Personalization and Vibrant Brightness

New for 2025, LG’s latest OLED evo 4K TVs support Filmmaker Mode® with Ambient Light Compensation⁴ – an advanced version of Filmmaker Mode developed in collaboration with the creative community. This feature accurately detects the lighting conditions of the viewing environment and automatically adjusts the picture settings to maintain the filmmaker’s original intent, delivering a truly cinematic experience in various lighting conditions.

Elevating its reputation as the ultimate choice for gamers, the latest LG OLED evo TVs boast several features tailored to gaming, including the industry’s first 4K 165Hz5 Variable Refresh Rate (VRR), certified by NVIDIA® G-SYNC® and AMD FreeSync Premium. The OLED evo models enhance gaming with tear-free, stutter-free gameplay, minimal input lag and up to 165 frames per second. The OLED evo TVs are the first to receive ClearMR 10000 certification by VESA, ensuring flawless motion and seamless experiences even during fast-paced action sequences.

Powered by the advanced Alpha 11 AI Processor Gen2, the 2025 OLED evo models provide enhanced picture and sound quality. Deep learning algorithms meticulously analyze and refine low-resolution and low-quality images, enhancing them to a higher definition with pixel-level precision for natural and sharper visuals. Additionally, Dynamic Tone Mapping Professional offers expert-level control over HDR10 content for professional creators, allowing precise customization and fine-tuning of images for accurate color and detail representation in all viewing environments.

Complementing the impressive visuals, AI Sound Pro delivers rich, immersive audio with virtual 11.1.2 channels of surround sound, adjusting the tonal balance and clarity for an immersive, tailored listening experience. Designed with personalization in mind, LG’s newest OLED TVs boast AI-powered features that understand and adapt to individual audio and visual preferences. By analyzing over 1.6 billion image settings and 40 million sound profiles, the AI Picture/Sound Wizard tailors audio and visual modes for each user, ensuring a truly customized entertainment experience. These AI-driven features represent a new level of smart TV innovation, making the 2025 OLED evo models the most intuitive and user-centric TVs on the market.

The user experience is further elevated with a personalized journey that begins the moment the TV is powered on, courtesy of the AI Remote. AI Welcome greets users by name and provides tailored recommendations based on their preferences and viewing habits, while AI Voice ID adds convenience by recognizing individual voices, automatically switching profiles, and delivering content suggestions that match personal tastes. Finding content on LG’s newest OLED evo TVs has never been easier, with AI Search[7] leveraging a Large Language Model (LLM) to understand conversational context and uncover subtle user intentions. Access to Microsoft Copilot further streamlines the process, allowing users to efficiently find and organize complex information using contextual cues. For an even smoother and more engaging experience, the AI Chatbot proactively identifies potential user challenges and offers timely, effective solutions. What’s more, the Generative Image Gallery8 allows users to create custom backgrounds using voice commands, adding a personal and creative touch to the viewing experience.

OLED evo’s user-friendly webOS interface provides a personalized and streamlined experience to access content and settings more easily. The new home screen is faster, more convenient and increasingly personalized with enhanced UI and categories. Additionally, webOS now supports multi-platform integration with the Home Hub, seamlessly connecting with multi ecosystems, ThinQ and Google Home, for control of various IoT devices. By bringing together these versatile ecosystems and broadening cross-platform capabilities, users can effortlessly manage and control their smart home ecosystem through a single, intuitive interface on their LG’s latest smart TVs. Extending benefits beyond the initial purchase, the webOS Re:New program allows LG Smart TV owners enjoy the most up-to-date TV experience for the next five years.

LG has presented the first-ever OLED TV capable of transferring audio an°d video wirelessly, transforming the home entertainment experience with unmatched audiovisual performance. As the world’s first true wireless OLED TV, the latest M5 series delivers wireless audio and video transmission at up to 144Hz6 without latency or loss in picture and sound quality. Certified by NVIDIA G-SYNC®, this wireless OLED TV ensures a tear-free, stutter-free gaming experience, even during fast-paced action at 4K 144Hz. Building on this innovation, LG has extended its advanced wireless audiovisual technology to QNED TVs, bringing its core value of technological excellence and cutting-edge innovation to more customers.

LG’s OLED evo models have been recognized for their customer value and performance improvement, earning multiple awards including the CES 2025 Best of Innovation Award (for 83G5 models) and the Honoree title (83M5 model) in the Video Display category.

Visitors to CES 2025 will have the opportunity to explore how LG is elevating the home entertainment experience with its latest innovations from January 7-10 at the company’s booth (#15004, Las Vegas Convention Center). To stay up to date with all of LG’s announcements at CES, visit website and LG Global YouTube channel.

1 Equipped on G5 and M5 series

2 Applies to 65/55/77/83-inch G5/M5 models, compared to the same sizes of conventional OLED models (B5 series) with a 10% window

3 65-inch M5/G5/C5 series model has received this certification

4 This feature works on models equipped with a light sensor

5 4K 165Hz VRR is available on 55/65/77/83-inch G-series models.

6 Available in US and Korean market at the initial launch.

7 Available in US,,UK and Korean  markets at the initial launch.

8 Wireless transmission refers to the transferring of video and audio signals between a TV screen and the Zero Connect Box. Visually lossless, based on internal test results with ISO/IEC 29170-2 and measurement results may vary depending on connection status.

WinZO and Tata Memorial Hospital Partner to Set-Up India’s 1st Gene Counseling Facility

WinZO and Tata Memorial Hospital Partner to Set-Up India’s 1st Gene Counseling Facility

Through WinZO’s ‘Play to Prevent Cancer’ initiative, the platform and its users contribute to India’s first genetic counseling and testing lab.

WinZO launched the initiative ‘Play to Prevent Cancer’ to raise funds for early cancer detection through gene counselling and also to create awareness for its 200 million user bases on the critical role of early cancer detection. Through its ‘Play to Prevent Cancer’ hour on its platform, WinZO raised funds from its users and its 200 team members matched the amount raised through its user base to expand the total donation. This amount was donated to Advanced Centre for Treatment, Research, and Education in Cancer (ACTREC) at Tata Memorial Hospital and will be used to train the gene counselling team at the Tata Memorial Hospital.

WinZO opted to scale India’s early cancer detection capabilities since cancer has now become one of leading causes of death and imposes heavy burden on the patients, their caregivers, and families at large. During 2000-2019, ~13 mn Indians lost their lives to 23 forms of cancer; this is twice the size of Singapore. In 2022, globally there were 20 million new cancer cases and 9.7 million deaths. The number of new annual cases is expected to rise to new 35 million cases by 2050. However, during the last 20 years, there have been significant breakthroughs in cancer prevention, treatment, and palliative care. The most impactful intervention comes at the stage of Genetic Counselling, rapidly emerging as the pivotal tool to preempt and mitigate the risk of cancer.

The partnership between WinZO, India’s largest interactive social gaming platform, and Tata Memorial Hospital aims to address the burgeoning risk of cancer through genetic counselling to improve knowledge of genetics prone to cancer and support early detection and treatment among prospective cancer patients in India.

The focus of the initiative is skill development for genetic counselling, supporting critical interventions on gene reporting & screening, and family counselling. Such investment in skilling and training on gene counselling is likely to have a network effect on how we address the concerns around cancer prevention, awareness, and early detection. This intervention will expand India's capacity to provide genetic counselling through the country's low-cost genetic testing lab at Tata Memorial Hospital, allowing more Indians from different socioeconomic backgrounds to access this critical intervention.

Dr. Rajiv Sarin, Head of the Cancer Genetics Clinic and Cancer Genetics/Genomics Lab at Tata Memorial Hospital, emphasized the importance of capacity building and skilling: “I thank WinZO and its users for their invaluable contributions. Their support for Genetic Counselling Professionals will be crucial in assisting millions of Indians diagnosed with cancer. These Cancer Genetic Professionals would provide timely, culturally sensitive, individualised, and evidence-based genetic counselling to cancer patients To maximize the impact of donated resources, such as equipment or infrastructure, we need an army of well-trained, motivated professionals.”

The journey of a cancer patient and their caregivers is also riddled with mental health challenges. Data shows that up to 20% of cancer patients experience depression, and 10% experience anxiety, regardless of the treatment phase or point in the disease trajectory. The same data also mentions that over 35–40% of cancer patients have a diagnosable psychiatric disorder, including neuropsychiatric manifestations and stress-related, neurocognitive, adjustment, and somatic symptom disorders. Together, these challenges increase the suicide risk of patients and loneliness, particularly in the early stages after diagnosis.

Games on WinZO’s platform also often serve as a therapeutic tool to reduce stress, anxiety, and social isolation related to illness, providing distraction through entertainment, and enhancing mental agility among cancer patients. Casual social games like on WinZO’s platform offers cancer patients an avenue to explore alternative coping methods by playing games that improve cognitive benefits such as attention control, cognitive flexibility, and information processing, thereby addressing symptoms of depression and anxiety. WinZO’s users highlighted how its games have struck a chord with patients undergoing cancer treatment and facing the associated mental health challenges. They have mentioned how it made them part of the larger community and provided a sense of belonging through physical isolation. This drastically reduced their anxiety, depression, and loneliness.

Nachiket Mor, Scientist at The Banyan Academy of Leadership in Mental Health, further highlighted the potential of gaming in healthcare, "Cancer patients often face significant mental health challenges, with up to 90% experiencing anxiety and many older adults battling loneliness post-diagnosis. The fight against cancer can leave you with long-term mental health issues, not only for the patient but also for their families. Online gaming offers a promising yet underutilized tool to support mental well-being, improve treatment adherence, and educate patients in an engaging and non-intimidating way. By integrating gaming into cancer care, we can foster resilience, enhance patient support, and create a more compassionate healthcare system, providing a significant avenue to support patients during times of crisis and for addressing long-term challenges such as depression, anxiety, and more."

A cancer survivor and user of WinZO, shared their experience, "Gaming on WinZO’s platform was a huge relief for me. Whenever I felt anxious or overwhelmed, I would take a few minutes to play, focusing on my strategy and the game rather than my worries. The fast-paced games, often lasting just 2-3 minutes, redirected my energy toward something positive and mentally engaging. Whether solving word puzzles or working with numbers, these games distracted me and built my mental skills, keeping me motivated and optimistic during challenging times.”

About WinZO

WinZO is the largest social gaming and interactive entertainment platform in India. Launched in early 2018, the Company partners with third-party developers to host games on their platform, where users can enjoy personalized multiplayer gameplay experiences. The platform is available in 15 languages such as English, Hindi, Gujarati, Marathi, Bengali, and Bhojpuri, with over 200 million registered users. The WinZO platform facilitates over 5 billion game plays across a portfolio of 100+ games. WinZO is focused on building an enthusiastic community of gamers and gaming influencers in Tier 2 – 5 cities in India. The company envisions a future where the WinZO platform can deliver a culturally relevant and enjoyable experience in the Indian gaming ecosystem, monetized through a unique micro-transaction model.​​

WinZO, a series-C funded venture, has raised $100 million from Marquee gaming and entertainment investors such as Griffin Gaming Partners, Courtside Ventures, Makers Fund, all of whom made their first investment in the Indian start-up ecosystem through WinZO.



India Develops Indigenous Technology to Produce Paracetamol Domestically and Reduce Import

India Develops Indigenous Technology to Produce Paracetamol Domestically and Reduce Import

The Council of Scientific and Industrial Research (CSIR) has developed indigenous technology to produce paracetamol, a widely used pain reliever and fever reducer. This innovation aims to reduce India's dependence on imported raw materials for paracetamol production, aligning with Prime Minister Narendra Modi's vision of Atmanirbhar Bharat (self-reliant India).

Karnataka-based Satya Deeptha Pharmaceuticals Ltd will utilize this breakthrough to produce affordable paracetamol domestically. This move is expected to make India self-reliant in paracetamol manufacturing and contribute to the country's pharmaceutical self-sufficiency.

Notably, India imports the key raw materials for paracetamol production from several countries. The primary sources include China, Germany, and France. This reliance on imports has been a significant factor in the development of indigenous technology by CSIR to produce paracetamol domestically.

India has made significant strides in developing indigenous drugs namely India’s 1st Indigenously developed Antibiotic- Nafithromycin to treat both atypical and typical drug-resistant bacteria.

Earlier, India has also conducted first successful trial of gene therapy for treating haemophilia, a blood disorder. The Modi government in India also led successful cultivation of lavender and other aromatic plants under the Aroma Mission initiative.

These advancements highlight India's growing capabilities in pharmaceuticals and other sectors. It's an exciting time for innovation in the country.

GenAI-powered HealthTech Startup Consint.AI Raises Rs 5 Cr in Seed Round Led by Equanimity Ventures & Seafund

  • Consint.AI is a pioneering Generative AI-driven healthcare technology company dedicated to transforming healthcare transactions and drive personalized care.
  • The Company has developed cutting-edge platforms like Risk.ai, engineered to optimize insurance transactions and mitigate fraud, waste & Abuse and CIPHR.ai, designed to enhance critical patient management and streamline claims generation for hospitals. These solutions are deployed across India, Middle East and Africa
  • Funds raised will be deployed to scale operations through expanded sales outreach and accelerate the development of Generative AI Feature Suite for Health AI Platform
  • The company has recently launched CIPHR.ai, an AI-driven platform tailored for hospitals, built upon custom Generative AI models to revolutionize care personalization in critical patient management. CIPHR.ai provides point-of-care intelligence to doctors and streamlines claims transactions, enhancing efficiency for healthcare providers.Consint.AI is focused on transforming the $600 billion healthcare transaction market by making claims transactions seamless and enabling value-based care. With a projected 4x YoY business growth, the company is strategically expanding its Risk.ai product across private and public insurance markets in the APAC and MEA regions.
GenAI-powered HealthTech Startup Consint.AI Raises Rs 5 Cr in Seed Round Led by Equanimity Ventures & Seafund
GenAI driven healthcare Insurance fraud and risk management company Consint.AI has raised Rs 5 Cr in a seed round led by Equanimity Ventures and Seafund. The capital raised will be deployed to scale operations through expanded sales outreach and accelerate the development of Generative AI Feature Suite for Health AI Platform. This includes enhancing fraud detection, optimizing claims processing, and delivering personalized clinical care to drive innovation in healthcare. Funding raised in the current round will also support team expansion, infrastructure upgrades, and R&D efforts to strengthen its position as a leader in the health tech solutions market.

Commenting on the investment, Manoj Agarwal, Managing Partner, Seafund, says, “Our focus on emerging tech like GenAI, deep tech, IoT and sustainability has been the guiding force when it comes to backing unique and innovative startups. Consent.AI’s laser sharp focus on solving the problem of healthcare Insurance claims processing and fraud detection improving performance of Insurance and Healthcare institutions is a multi-billion dollar problem to solve and we believe that we have the necessary expertise and network to help the company grow and reach its ambitions.”

Founded in 2020 by Ashish Chaturvedi and later joined by Swadeep Singh as Co-Founder, Consint.AI is a pioneering Generative AI-driven healthcare fraud and risk management company dedicated to transforming healthcare transactions and personalized care. Consint cutting-edge platforms like Risk.ai, engineered to optimize insurance transactions and mitigate fraud, and CIPHR.ai which is designed to enhance critical patient management and streamline claims generation. By harnessing advanced Generative AI solutions, the company empowers businesses across emerging markets and the U.S. to drive value-based care, operational efficiency, and sustainable growth.

In the last 12 months, Consint.AI has achieved remarkable traction, expanding into India, the Middle East, and Africa. The company has recently launched CIPHR.ai, an AI-driven platform tailored for hospitals, built upon custom Generative AI models to revolutionize care personalization in critical patient management. CIPHR.ai provides intelligence at point of care and generates claims transactions enhancing efficiency for healthcare providers. Targeted at emerging health markets and the U.S. Accountable Care Organization (ACO) sector, this platform leverages Generative AI to address the evolving needs of modern healthcare systems.

In the last two quarters, the company has achieved significant growth, securing INR 10+ crore in signed contracts. This includes multiple multi-year agreements with leading insurance providers and hospital systems, highlighting strong market validation and growing demand for its innovative solutions, particularly in the areas of Generative AI and Document Forensics. These strategic partnerships underscore the company's commitment to delivering innovative solutions and solidifying its presence in emerging markets.

Ashish Chaturvedi, Founder and CEO, Consint, says, "This current market traction and milestones highlight the transformative potential of Generative AI in reshaping healthcare as we know it. At Consint, we are pioneering GenAI-driven platforms like CIPHR.ai and Risk.ai to solve complex challenges in healthcare transactions and personalized care. Our focus remains on advancing our Generative AI capabilities to drive innovation, deliver impactful solutions, and empower businesses globally to achieve seamless operations and value-based care. This funding accelerates our mission to lead the charge in AI-powered healthcare transformation."

Consint plans to continue expanding Risk.ai to drive seamless transactions in the emerging InsurTech markets, with a focus on product enhancements and accelerated sales efforts. Additionally, it aims to strategically penetrate the U.S. market by establishing a strong product-market fit for its CIPHR.ai Provider Platform, leveraging its Generative AI solutions to meet the specific needs of healthcare providers and Accountable Care Organizations (ACOs). These initiatives are geared towards solidifying the company’s presence in key markets and driving sustainable growth.

About Seafund

Seafund is a Category 2 Alternate Investment Fund (AIF) registered with the Securities and Exchange Board of India (SEBI) and is an early stage focused technology fund with Deeptech as one of its underlying themes. The fund provides Capital to mission-driven teams building Technologies of Tomorrow and brings its Commitment, Network and Experience to each of their investments. Their mission is to help the next set of founders, with early Venture Capital, to build highly scalable and efficient Global Businesses. Along with Fintech, Enterprise SaaS and Healthcare, the fund also focuses on AI, Semiconductors, Space, Robotics, Energy, Climate and Materials.

Seafund is run by a stellar founding team comprising of Manoj Kumar Agarwal, Mayuresh Raut and Narendra Bhandari as Partners. They bring rich experience in investing, building and selling technological products, Global GTM and a rich network of domain experts and business leaders. This core team has lived and breathed building businesses across multiple B2B environments. Seafund’s ecosystem of best-of-breed legal, accounting, IP consulting enables them to do faster due diligence, decision-making, and deal closure.

About Consint.AI

Consint.AI is a pioneering Generative AI-driven healthcare fraud and risk management technology company dedicated to transforming healthcare transactions and personalized care. With cutting-edge platforms like Risk.ai, engineered to optimize insurance transactions and mitigate fraud, and CIPHR.ai, designed to enhance critical patient management and streamline claims processing, Consint is leading the charge in tackling complex challenges within the $600 billion healthcare market. By harnessing advanced Generative AI solutions, the company empowers businesses across emerging markets and the U.S. to drive value-based care, operational efficiency, and sustainable growth.

False Science: When Harvard Scientists Took Bribe To Hide Truth About Sugar

False Science: When Harvard Scientists Took Bribe To Hide Truth About Sugar

There was a significant controversy involving Harvard scientists and the sugar industry back in the 1960s. Researchers at Harvard were paid/bribed by the Sugar Research Foundation (now known as the Sugar Association) to produce studies that downplayed the role of sugar in coronary heart disease and instead pointed to fat and cholesterol as the main culprits.

This was revealed through newly uncovered documents that showed the sugar industry's involvement in shaping public understanding of nutrition.

By the time the truth came out in 2016, their deception had fueled one of America's deadliest health crises.

False Science: When Harvard Scientists Took Bribe To Hide Truth About Sugar
Dr. Cristin Kearns discovered papers showing that the sugar industry funded seminal research downplaying the role of sugar in heart disease. [Image - Statnews.com]

The revelation about the sugar industry's influence on scientific research had significant implications for public health. The manipulation of research in the 1960s contributed to decades of misguided dietary guidelines that prioritized reducing fat intake over sugar consumption. This shift in focus played a role in the rise of sugar-laden processed foods and beverages, which have been linked to the increasing prevalence of obesity, diabetes, and heart disease.

The long-term impact of these skewed dietary recommendations has been substantial, highlighting the importance of transparency and integrity in scientific research. It's a stark reminder of the potential consequences when industry interests interfere with public health information.

US dietary guidelines pushed sugar- loaded "low-fat" foods for decades based on false science.

False Science: When Harvard Scientists Took Bribe To Hide Truth About Sugar

The misguided dietary guidelines, influenced by the sugar industry's funding, led to the promotion of low-fat, high-sugar foods for decades. This focus on reducing fat intake while ignoring the dangers of excessive sugar consumption had far-reaching consequences on public health.

Many "low-fat" products were marketed as healthy options, even though they were often loaded with added sugars to improve taste. This contributed to a significant increase in sugar consumption, which has been linked to various health issues such as obesity, type 2 diabetes, and cardiovascular diseases.

The controversy surrounding these guidelines highlights the importance of independent and unbiased scientific research in shaping public health policies. It also underscores the need for continuous evaluation and updating of dietary recommendations based on the latest, most accurate evidence.

This whole episode serves as a cautionary tale about the potential dangers of allowing industry interests to influence public health information. How do you think we can ensure the integrity of scientific research and dietary guidelines moving forward?, Comment below. 

It's somewhat troubling example of how industry funding can influence scientific research and public health recommendations.

China Approves World's Biggest Hydropower Dam Close To India Border

China Approves World's Biggest Hydropower Dam Close To India Border

China has recently approved the construction of the world's largest Hydropower dam on the Brahmaputra River, also known as the Yarlung Zangbo River in Tibet.

This project is part of China's 14th Five-Year Plan and is expected to cost around $137 billion. The dam aims to generate 300 billion kWh of electricity annually, which could power over 300 million people.

The Brahmaputra River a.k.a Yarlung Zangbo River has a steep descent of approximately 25,152 feet (7,667 meters) from its source to India, making it one of the most "hydropower-rich" rivers in the world. The project will take advantage of this steep gradient to maximize energy production.

However, this project has raised concerns in India and Bangladesh, as it could give China control over the flow of the river, potentially impacting water availability downstream. Both the countries have expressed concerns about the potential impact on water flow and local ecology. Any alteration in water flow could disrupt agriculture and water availability in both India and Bangladesh.

Large dams often block the flow of silt, which is essential for maintaining fertile agricultural land downstream. Changes in river flow can also affect local biodiversity and ecosystems, potentially disrupting the livelihoods of communities that depend on the river.

There are also concerns about the dam's location in a seismically active region, which could pose significant engineering challenges. The project will require drilling multiple long tunnels to divert the river, which flows at a rate of 70,600 cubic feet per second (2,000 cubic meters).

The dam is expected to generate 300 billion kilowatt-hours (kWh) of electricity annually, which is nearly three times the capacity of the current record-holder, the Three Gorges Dam.

This ambitious project is part of China's efforts to boost renewable energy and achieve its carbon neutrality goals. However, it has raised concerns in India and Bangladesh about potential impacts on water flow and local ecology downstream.

Indian officials have expressed their concerns regarding the Yarlung Tsangpo Hydroelectric Project. Randhir Jaiswal, spokesperson for India's Ministry of External Affairs (MEA), stated that India has consistently raised its concerns through expert-level and diplomatic channels. India has urged China to ensure that the interests of downstream states are not harmed by activities in upstream areas. The Indian government has emphasized the need for transparency and consultation with downstream countries to protect their interests.

India will continue to monitor the situation and take necessary measures to safeguard its interests. The MEA has also highlighted the importance of maintaining dialogue with China on trans-border rivers to address any potential issues.

It's a delicate situation that requires ongoing communication and cooperation between the two countries.

This project is a significant step towards China's renewable energy goals, but it also brings a host of environmental and geopolitical challenges.

SoftBank to Build Next-Gen Industrial Park with AI-based Data Center

SoftBank to Build Next-Gen Industrial Park with AI-based Data Center

SoftBank Corp. is planning to build a next-generation industrial park with an AI-based data center at Sharp Corp.'s former LCD panel plant in Sakai, Osaka Prefecture.

The data center will feature state-of-the-art graphics processing units (GPUs) from Nvidia for AI data processing. This will support SoftBank's own generative AI development and other AI-related businesses.

SoftBank plans to use clean energy sources to minimize the environmental impact of the data center. This will support SoftBank's own generative AI development and other AI-related businesses. 

Here are some key details:

Acquisition: SoftBank acquired the plant and surrounding facilities for ¥100 billion ($635 million) in December 2024.

Data Center: The data center will utilize over 20% of the plant's 600,000-square-meter total floor area. SoftBank plans to procure state-of-the-art graphics processing units from U.S. semiconductor giant Nvidia Corp. for AI data processing at the data center. The system will be available for use by companies in the industrial park.

Operations: Full-scale operations are expected to begin in 2025, with plans to increase the power capacity to over 400 megawatts in the future.

Purpose: The industrial park aims to foster innovation across various sectors, including manufacturing and pharmaceuticals, by providing companies access to advanced AI capabilities.

Environmental Impact: SoftBank plans to use clean energy sources to minimize the environmental impact of the data center.

SoftBank's President, Junichi Miyakawa, emphasized that this initiative is part of a broader strategy to revitalize industries using AI, especially in response to Japan's declining labor force.

It's an ambitious project with the potential to significantly impact regional economies and technological innovation. What do you think about this development? Comment below.

Hindustan Unilever Reportedly in Talks to Acquire Minimalist for ~$350 Mn

Hindustan Unilever Reportedly in Talks to Acquire Minimalist for $350 Mn

FMCG giant Hindustan Unilever (HUL) is reportedly in talks to acquire the direct-to-consumer (D2C) beauty brand Minimalist for around Rs 3,000 crore (approximately $350 million). This move is part of HUL's strategy to diversify into high-margin segments, especially in the digital space.

Minimalist, known for its skincare, body care, and hair care products, has seen significant revenue growth and profitability recently.

HUL is considering acquiring a majority stake, but it could potentially lead to a 100% acquisition. Minimalist has raised funding from institutional investors such as Peak XV Partners, Unilever Ventures, and Twenty Nine Capital Partners. Peak XV Partners is the brand's largest investor.

The founders, Rahul Yadav and Mohit Yadav, collectively own nearly 84% of the company, while Peak XV Partners holds a 6% stake.

HUL has previously invested in other digital-first brands like Oziva and Wellbeing Nutrition.

Minimalist has seen impressive growth, with its revenue jumping 86% to Rs 350 crore in FY24, and its profit doubling to Rs 10.8 crore. In FY22, it reported a profit of Rs 16 crore on a revenue of Rs 112 crore.

This development reflects the ongoing consolidation trend in the consumer goods industry.

This acquisition could mark another instance of a fast-growing online D2C brand being acquired by a large enterprise, reflecting the ongoing consolidation trend in the consumer goods industry.

Of late, there were few D2C brands that have been acquired by FMCG giants. Marico has been quite aggressive in its D2C acquisition strategy. The company acquired men's grooming startup Beardo, health foods company True Elements, beauty brand Just Herbs, and plant-based products brand Plix. These acquisitions have helped Marico diversify its portfolio and tap into the growing D2C market.

Emami has also entered the D2C segment by acquiring The Man Company and acquired 19% equity stake in D2C nutrition firm TruNative F&B Pvt Ltd. These acquisitions are part of Emami's strategy to compete with emerging D2C brands and expand its presence in the personal care market.

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