Headlines

InMobi follows Paytm in AI-led restructuring and may cut 100+ jobs.

In a strategic move, InMobi, a prominent ad tech unicorn, is undergoing a comprehensive realignment of its business operations. This initiative spans technology, organizational structure, personnel, and skills, primarily focusing on deploying artificial intelligence (AI). Adopting an AI-first approach is anticipated to result in job cuts, affecting approximately 125 employees, equivalent to around 5% of…

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Automation Soars: Accio Secures Funding Boost

In its recent Pre-Series A funding round, Bengaluru-based warehouse robotics startup Accio Robotics secured $1.8 million (approximately INR 15 Crore). The round was co-led by BIG Capital, Unisync Angels, and Daniel Fitzgerald, with participation from existing investors Roots Ventures and Impact Robotics’ founder, Anuj Bihani. Accio Robotics, founded by Pranav Srinivasan and Tuhin Sharma, specializes…

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iPhone Mania? Apple Crosses ₹1 Lakh Cr in India

Apple’s notable increase in iPhone production in India during 2023 underscores the company’s commitment to leveraging the country as a significant manufacturing hub. The reported INR 1 Lakh Cr worth of iPhones, a substantial leap from the previous year, reflects Apple’s strategic move to diversify its production capabilities beyond its traditional manufacturing centers. The distinction…

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Japan’s Flying Car Startup Takes Flight at Vibrant Gujarat

Soaring into the spotlight at the bustling Vibrant Gujarat event in Ahmedabad, Japan’s SkyDrive, a pioneering flying car startup, has set its sights on Indian skies. This innovative company, established in 2018, is revolutionizing transportation with its sleek, electric vertical take-off and landing (eVTOL) vehicles, designed to make urban commutes a breeze. SkyDrive’s flagship creation,…

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AI “MindReader” Gives Voice to Autistic Kids

MindReader, a pioneering startup, has harnessed the power of AI to create a transformative platform. This innovative technology translates the unique brainwaves of children with autism into comprehensible expressions and verbal communications. The platform stands as a beacon of hope, promising to enhance social interaction and engagement for autistic individuals, empowering them to express themselves…

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Glass Act 2.0: Google’s Wearable Tech Vision 

Google’s unveiling of Google Glass 2.0 marks a significant evolution in wearable technology, presenting a sleeker design, enhanced functionality, and a strategic shift towards enterprise applications. This new iteration introduces advanced augmented reality capabilities, voice control, and seamless integration with productivity tools, positioning itself as a potential game-changer in the wearable tech landscape. The sleeker…

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