COLLABORATIVE PLATFORM
WhatsApp inks deal with Tanla to detect and curb scams
WhatsApp and Tanla Platforms have joined forces to combat scams by identifying fraudulent phone numbers. Through Tanla's AI-based solution, Wisely ATP, real-time signals on potential fraud will be shared with WhatsApp for action.
Meghalaya government launches its own OTT platform Hello Meghalaya
Meghalaya becomes the first State to launch an OTT platform that monetizes youth passion. To cater for the huge youth population base, Government of Meghalaya introduced Hello Meghalaya OTT platform that intends to engage them in productive activities and enable economic growth.
Karnataka aims to ensure proposed gig workers bill is ‘win-win for all’
The Karnataka government is planning to extend social security benefits to platform-based gig workers in Bengaluru. Tech firms have raised concerns, leading to a wider consultation. The proposed bill may include a fee on online transactions to fund welfare expenditure. The initiative follows discussions with various platforms and aims to protect workers' rights.
PM GatiShakti platform may adopt AI to boost India’s economic development
The Indian government, under PM Narendra Modi's leadership, is planning to integrate artificial intelligence (AI) into the PM GatiShakti platform to accelerate infrastructure development. Named PMGS 2.0, this AI-enhanced system aims to predict economic trends and assess infrastructure needs across different scenarios. Already central to over 170 projects worth Rs 13.5 lakh crores, PM GatiShakti uses digital technology to enhance connectivity and efficiency. With logistics as a key focus, the initiative aims to reduce costs and boost economic and social development through integrated planning and technology adoption.
Helium secures pre-seed funding Led by Merak Ventures to help ecommerce with advanced AI technologies
The rapid growth of online commerce requires superior storefront experiences to strengthen brand positioning and enhance top-line performance. Helium addresses this need by integrating advanced product and visitor intelligence into ecommerce platforms, facilitating seamless digital product purchasing experiences.
Sudheer Babu, Kartikeya condemn YouTuber P Hanumantu for 'paedophilia joke', apologise for collaborations
YouTuber Praneeth Hanumantu is in serious trouble, potentially facing jail time after an FIR was filed against him for making pedophilic remarks. During a live session with other YouTubers, Hanumantu and his peers shared an explicit joke about the relationship between a father and daughter. The clip went viral on X, prompting widespread condemnation from Tollywood stars such as Sai Dharam Tej, Manchu Manoj, and Rohith Nara for his inappropriate jokes.
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WEP and Transunion Cibil to collaborate to enhance financial literacy and business skills of women entrepreneurs
NITI Aayog's Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched SEHER, a comprehensive credit education program for women entrepreneurs. SEHER aims to enhance financial literacy and business skills, enabling women to access crucial financial tools for business growth. This initiative supports WEP’s goal of improving financing access for women in India’s 63 million MSMEs.
L&T using generative AI to enhance processes across project lifecycle, says MD Subrahmanyan
To fuel this innovation, L&T has launched a collaborative platform connecting aspiring data scientists with domain experts and technology champions to develop cutting-edge, future-proof solutions, S N Subrahmanyan said during 79th Annual General Meeting.
CAMS, Google Cloud to build cloud-native platform
The next generation platform, envisaged with Google Cloud, is a strategic step of the company to leverage the multiple benefits of cloud-based platforms and emerging technologies for the rapidly growing asset management industry, CAMS said in a statement here on Tuesday.
Now, any Indian citizen can register for a chance to fly to Space
Any Indian citizen can enroll in the programme by paying a fee of $2.50 (Rs 207.5) to cover the costs of verification checks aimed at ensuring safe and fair voting. Joshua Skurla, cofounder, Space Exploration and Research Agency (SERA) told ET they are excited to have India as part of its human spaceflight programme.
RBI, ASEAN countries to create instant cross-border retail payments platform
The Reserve Bank of India and ASEAN nations are collaborating on "Project Nexus," aimed at establishing a platform for instant cross-border retail payments by linking fast payment systems. India joins Malaysia, Philippines, Singapore, and Thailand as founding members, with plans to expand globally by 2026, enhancing efficiency and reducing costs in international transactions.
Zomato launches platform to offer hiring, regulatory services to restaurants
Zomato's move comes a week after rival Swiggy launched a new feature on its partner app to connect restaurants with staffing experts as part of a new recruitment support initiative.
Sattva Group to invest Rs 12,000-14,000 crore in diversification over next three years
“The funding for the initiative will be structured with a combination of equity, debt and sales. Approximately 20% of the funding will be in equity, while the remainder will be sourced from debt and sales proceeds,” he told ET. “Our approach to debt is highly prudent and disciplined. The company's primary focus lies on commercial and residential projects, which form the bulk of our portfolio.”
Indian law firm SNG & Partners collaborates with Singapore-based ESG firm Snowkap
Mumbai-headquartered law firm SNG & Partners has partnered with Snowkap, a Singapore-based ESG firm, to support global organizations in their sustainability journey. Led by chairman Rajesh Gupta, SNG & Partners has analyzed over 4,000 ESG data points from Indian laws, integrating with Snowkap's capabilities. Co-founders Rajesh Patel and Giri Krishnaswamy highlight the transformative impact of this alliance on reshaping ESG commitments.
Nalanda University: Admission process, courses, eligibility, fees, international collaboration, and campus facilities
Prime Minister Narendra Modi inaugurated Nalanda University's new campus in Rajgir, Bihar, revitalizing its global academic heritage with a focus on sustainability. The institution now offers diverse programs across seven schools, including Buddhist Studies and International Relations. With international collaborations and state-of-the-art facilities, Nalanda University aims to uphold excellence in education, welcoming students through a competitive admissions process.
Silicon Valley’s South Park Commons launches Bengaluru outpost in collaboration with Binny Bansal
Silicon Valley-based early-stage venture fund South Park Commons made its India entry with an outpost in Bengaluru. This is its first international location outside of the US. The fund was launched in 2016 as a collective of engineers, founders and researchers by husband-wife duo of Ruchi Sanghvi and Aditya Agarwal.
New study warns of rising invasive alien species threat, urges immediate action
A recent study published in the journal Nature Ecology and Evolution has highlighted the urgent need to address the growing threat posed by invasive alien species (IAS) to global biodiversity. Led by researchers representing 101 organizations from 47 countries, the study emphasizes the increasing number of IAS introductions worldwide and their negative impacts on ecosystems.
Tommy Shelby returns: Cillian Murphy confirmed for 'Peaky Blinders' movie by Netflix
Netflix has officially confirmed that Cillian Murphy will be reprising his role as Tommy Shelby in a "Peaky Blinders" movie. The film, in association with BBC, will be directed by Tom Harper and written by Steven Knight. Murphy expressed his excitement about returning to the iconic character, dedicating the movie to the series' fans.
K-pop boy group NCT loses over a million followers on Instagram after announcing collaboration with Starbucks
The collaboration between NCT and Starbucks has sparked controversy, leading to a notable decrease in followers. While some members, such as Renjun, Winwin, and Taeyong, briefly showed their disapproval online (through since-deleted Instagram stories endorsing the boycott), fan dissatisfaction has persisted since the partnership was announced. The boycott appears to be rooted in Starbucks' past actions concerning the Israel-Palestine conflict.
Online bond platform companies set up industry body
The executive committee of the new body – called the OBPP Association of India – was formalized at a meeting on May 28 at the NSE’s office in Mumbai, with more than 20 of the 27 licensed OBPPs in attendance, the association said in a statement.
US Ambassador Eric Garcetti proposes development of "QUAD satellite" with India-US partnership
US Ambassador Eric Garcetti proposed developing a QUAD satellite in partnership with India during his visit to ISRO. He met with Chairman S Somanath to discuss space cooperation and advanced technologies.
Emcure and its subsidiary Gennova settle legal dispute with HDT Bio over mRNA technology
Emcure Pharmaceuticals and its subsidiary Gennova have resolved all legal disputes with US-based HDT Bio Corp. The parties have entered into a long-term agreement to develop mRNA vaccines against various infectious diseases in India and other countries. As part of their agreement, HDT has granted a license to Gennova to use HDT's patented mRNA vaccine technology in multiple fields
India needs open-source AI models for cultural and linguistic representation: IBM
This comment comes as IBM on Tuesday open-sourced a group of its most advanced and performant language and code Granite large language models.
Responsible Innovation, how a blueprint for collaborative action is advancing global healthcare
On the occasion of the Abu Dhabi Global Healthcare Week (ADGHW), Dr. Asma Ibrahim Al Mannaei, Executive Director of the Research and Innovation Centre, discusses the UAE's prioritisation of healthcare in driving investments and partnerships focusing on advancing technology and attracting top talent and fostering collaboration with India reflecting shared challenges and opportunities in healthcare. Overall, collaboration with global partners and investment in manufacturing capabilities exemplify the UAE's commitment to healthcare excellence and innovation, while initiatives like Malaffi enhance data-driven services. Read on to discover how ADGHW aims to faciliate responsible innovation in healthcare, even as the UAE emphasises patient rights protection in an era of advancing AI and data usage.
Five lakh sellers onboard ONDC so far: DPIIT secy
Asked if big startups would overshadow smaller players, DPIIT secretary Rajesh Kumar Singh said it will increasingly get traction for all types of players that comes to the ecommerce marketplace.
ONDC getting traction; five lakh sellers onboarded so far: DPIIT Secy
The government-backed initiative ONDC in the e-commerce sector onboarded five lakh sellers, primarily small and medium sellers. Secretary Rajesh Kumar Singh from DPIIT mentioned facilitating 7.22 million transactions in April. The initiative aims to address market concentration issues and foster startup collaboration with over 125 ecosystem stakeholders.
Empowering healthcare innovations: Dr. Noura Khamis Al Ghaithi on ADGHW's role in global healthcare collaboration
H.E. Dr. Noura Khamis Al Ghaithi discusses ADGHW as a platform for global healthcare collaboration, focusing on innovations and partnerships with Indian healthcare providers. The event aims to develop precision health initiatives, strengthen life sciences research, attract medical tourism, and support a growing startup ecosystem.
Atlan’s valuation nearly doubles; decoding PB Fintech’s FY24 financials
Data collaboration software startup Atlan has raised $105 million at nearly double the valuation since its last round. Details on this and more in today’s ETtech Top 5.
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