Nvidia, the leading chipmaker, achieved a historic milestone on Friday, February 23, as its market valuation soared to $2 trillion for the first time. This remarkable feat comes amid a relentless surge in demand for Nvidia’s chips, fueled by the ongoing tech rally on Wall Street and the widespread adoption of artificial intelligence (AI) technologies. The ascent to the $2 trillion mark followed Nvidia’s blockbuster quarterly report and robust revenue forecast, which…
Uber CEO Dara Khosrowshahi’s recent visit to India has sparked anticipation and excitement as the tech giant explores potential collaborations with Indian business magnate Gautam Adani and his conglomerate, the Adani Group. The meeting between Khosrowshahi and Adani signals a shared vision for the future of mobility and sustainable development in India. During their interaction, both Khosrowshahi and Adani expressed admiration for India’s dynamic growth narrative and underscored their commitment to contributing…
Yulu, the six-year-old electric two-wheeler company, has secured a significant boost with a $19.25 million equity funding round from existing investors Magna and Bajaj Auto Ltd. This infusion of capital underscores Yulu’s commitment to enhancing last-mile connectivity and advancing electric vehicle (EV) technology in urban areas. The additional funding will empower Yulu to sustain its growth trajectory and bolster its market leadership position by expanding its fleet of vehicles, operational footprint, and…
Just a few years ago, renewables were basking in the limelight. The combination of rock-bottom interest rates and advancing technologies had ushered in a golden era for clean power. Harnessing the sun and wind, which come free of charge, became increasingly cost-effective as the price of solar panels and wind turbines plummeted. The trajectory of renewables was marked by a remarkable decline in the levelised cost of electricity (LCoE) between 2010 and…
In the latest episode of Shark Tank India, viewers witnessed a compelling pitch by an entrepreneur specializing in face yoga. Vibhuti Arora, the founder of House of Beauty India, took the spotlight as she presented her innovative approach to skincare and beauty enhancement. With judges Aman Gupta, Namita Thapar, Anupam Mittal, Vineeta Singh, and Amit Jain in attendance, the episode promised insightful deliberations and thought-provoking discussions. The Pitch:Vibhuti Arora’s pitch revolved around…
In a tale that underscores the transformative power of passion and innovation, Aabesh De, former Microsoft employee turned entrepreneur, took a leap of faith to pursue his dream of revolutionizing plant care. His journey, from corporate corridors to the lush green world of flora, culminated in a triumphant appearance on Shark Tank US, where he secured a deal worth $300,000 for his venture, Flora. A Blossoming Idea: The seeds of Flora were…
In the ever-evolving landscape of digital marketing, mobile apps have emerged as a pivotal channel for brands to connect with consumers worldwide. With over 257 billion mobile app downloads globally in 2023 and users spending an average of 3.5 hours daily on mobile apps, it’s evident that the mobile platform commands significant attention and engagement. Moreover, mobile app sales contributed up to 60% of eCommerce sales worldwide, highlighting the immense potential for…
In a pivotal move reflecting the current state of the electric vehicle (EV) market, Rivian, the U.S.-based EV manufacturer, has announced its decision to streamline operations by reducing its workforce by 10%. This strategic shift comes amid mounting concerns over sluggish EV sales and intensified competition within the industry. Rivian’s fourth-quarter earnings report delivered sobering news, revealing that the company does not anticipate producing more vehicles in the current year than it…
In the latest episode of Shark Tank India Season 3, viewers were introduced to Roni Mondal and Rohan Roy, two young entrepreneurs on a mission to alleviate period pain with their innovative wearable device. The episode unfolded with excitement as the panel, consisting of Anupam Mittal, Vineeta Singh, Ritesh Agarwal, Aman Gupta, and Namita Thapar, eagerly listened to their pitch. Roni and Rohan showcased their portable wearable rechargeable electronic device designed specifically…
In a game-changing move, Mukesh Ambani, the visionary behind Reliance Industries, has spearheaded the creation of Hanooman, an AI revolutionizing language accessibility in India. In collaboration with esteemed institutions like IIT Bombay and eight other Indian Institutes of Technology, Ambani’s Seetha Mahalaxmi Healthcare (SML) has unveiled Hanooman as part of the ambitious “BharatGPT” project. The goal is clear: democratize AI by breaking down language barriers and making it accessible to India’s diverse…
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