Category: News

AI-based tech startup Active.ai raises $3M from Spanish banking group Artificial intelligence startup Active.ai has raised $3 million from Innocell, the venture capital arm of Spanish banking group Banco Sabadell, in an extension of its Series A funding round. With this, its total funding from the current round has touched over $11 million. The Singapore-headquartered startup raised its Series A back in 2017 when Vertex Ventures led a $8.25 million round, along with CreditEase, Dream Incubator, Kalaari Capital and IDG Vetures. The existing investors have participated in this round as…

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What is Chatbot? A chatbot is a computer program or an artificial intelligence which conducts a conversation via auditory or textual methods to the users. These programs are  designed to simulate how a human would behave as a conversational partner, thereby passing the Turing test (which is a method of inquiry in artificial intelligence (AI) for determining whether a computer is capable of thinking like a human being, developed by Alan Turing in 1950, it is also a test of a machine’s ability to exhibit intelligent behaviour equivalent to, or…

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Hester Bio sciences hits 52-week high; stock surges 71% in 2019 so far   Extending the rally seen during the past seven trading sessions, shares of Hester Biosciences hit a 52-week high of Rs 1,925 apiece, up 3 per cent on the BSE, on Tuesday. This was on the back of the government’s decision to clear an outlay of Rs 13,342 crore for animal husbandry industry. The stock of India’s second largest poultry vaccine manufacturer was trading close to its all-time high of Rs 1,950 per share touched on December…

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One of the industry leader in the health, beauty and wellness industry is CALIPSO, an Indore based startup founded by Gaurav Rana and Subha Srivastav in 2016. The Startup provides beauty service and primarily focuses on saving time for every working professional who values time as money, it’s an enterprise dedicated towards providing customer satisfaction by creating an ecosystem and bridging the gap between customers and the best stylists, professionals in the town at affordable prices. Calipso provides you wide range of beauty services at home including Facial, Clean Up,…

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Odisha government has approved a proposal to set up startup hubs in major cities of the state, aiming to boost the ecosystem for emerging businesses, government officials said. Chief Secretary and Chief Development Commissioner, Odisha and Secretary to Government Shri Aditya Prasad Padhi, while reviewing the progress of the startup policy implementation, directed officials to prepare a detailed business plan of the proposed hubs for its effective management and operation. Meanwhile, LN Gupta, Additional Chief Secretary, MSME, said that Odisha emerged as a ‘Top Performer’ in the States’ Startup Ranking…

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Well, Artificial Intelligence is the buzz word now a days. So what does it mean actually Artificial intelligence is a branch of computer science that aims to create intelligent machines. It has become an essential part of the technology industry. Research associated with artificial intelligence is highly technical and specialized. The core problems of artificial intelligence include programming computers for certain traits such as: Knowledge Reasoning Problem solving Perception Language Processing Visual Processing Learning Planning Ability to manipulate and move objects Self-driving cars and delivery robots make a lot of…

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Startup Weekly: The Indian startup ecosystem in the week ending May 3 raised close to $250 million in equity across 18 deals, a 11 percent drop from last week. Of the total deals, almost half of them were early-stage rounds (comprising Series A and pre-Series A funding) that raked up a total of $112.1 million. There were only three late-stage deals (Series C, Series D, and Series E), which raked up a total of $134 million.    Gurugram-based co-living startup Housr raised an undisclosed amount of funding for expansion.  Fintech…

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                                                                What is Rapido? Rapido (Roppen Transportation Services Private Limited) is a bike taxi app founded by Aravind Sanka in the year 2015 which offers nline commuters to book bike rides from their current location to their desired locations at affordable prices and in the quickest time possible. This is the India’s largest and first bike taxi app which proved to be a great success. Funding So far The total funding amount for this app $19.4M.   Problem Solved: It is a platform where people can book two wheelers…

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