A naukri.com initiative
Funding News
Pymnts
1d
283
Image Credit: Pymnts
Deck Raises $12 Million for Infrastructure That Accesses User-Permissioned Data
- Deck raised $12 million in a Series A funding round to support its developer infrastructure for accessing user-permissioned data.
- The company aims to provide businesses with access to various types of user-permissioned data, such as utilities, ERP systems, storefronts, and telcos.
- Deck enables users to access data from over 100,000 providers in more than 40 countries.
- The funding round was led by Infinity Ventures, with participation from Golden Ventures.
Read Full Article
17 Likes
The Robot Report
1d
253
Physical AI startup RLWRLD brings in $15M
- Physical AI startup RLWRLD has raised $15 million in its seed round.
- RLWRLD's foundation models learn from real-world sensor data, robotic systems, and industrial workflows.
- The startup's platform focuses on embodied model architecture, industrial-scale data pipelines, and plug-and-play infrastructure.
- Investors in RLWRLD's seed round include LG Electronics, SK Telecom, KDDI, and leading AI-focused VCs from Japan and Korea.
Read Full Article
15 Likes
Pymnts
1d
66
Image Credit: Pymnts
Onfly Raises $40 Million for Travel and Expense Management Platform
- Onfly, a corporate travel and expense management platform, has raised $40 million in a Series B funding round.
- The funding will support the company's expansion into Mexico and other Latin American markets.
- Onfly plans to use the funds to accelerate technology development, integrate artificial intelligence, and expand marketing and sales efforts.
- The platform offers fully digitized travel options, real-time auditable data, enterprise resource planning integrations, and a corporate card.
Read Full Article
3 Likes
Massivelyop
1d
280
Family-focused MMORPG Puzkin Magnetic Odyssey begins its $40K Kickstarter drive
- Puzkin: Magnetic Odyssey, a family-friendly MMORPG, has begun its Kickstarter drive seeking $39,698 to bring the game to life.
- The game focuses on safety and security, with features like gestures and emotes, hidden usernames, and careful moderation systems.
- Players take on the role of Guardians and can harness the power of magnetic Z Energy for building, exploration, and combat.
- The game will be free-to-play with optional subscriptions and purchasable in-game currency for cosmetics only.
Read Full Article
16 Likes
Bloomberg Quint
1d
227
Image Credit: Bloomberg Quint
Federal Reserve Chair Jerome Powell Says Strong US Labour Market Depends On Price Stability
- Federal Reserve Chair Jerome Powell emphasizes the central bank's focus on preventing tariff-driven price hikes from triggering persistent inflation.
- Powell reiterates the importance of maintaining price stability to achieve long periods of strong labor market conditions.
- Fed officials are in no rush to change the central bank's benchmark policy rate and are waiting for greater clarity on the effects of Trump's economic policies, especially on trade.
- Powell acknowledges the potential conflict between a weakening economy and elevated inflation and states that the Fed would assess the situation based on the proximity of each goal and their respective time horizons.
Read Full Article
13 Likes
Bloomberg Quint
1d
161
Image Credit: Bloomberg Quint
OpenAI Releases New Reasoning Models For Coding And Visual Tasks
- OpenAI has released new reasoning models for coding and visual tasks.
- The first model, o3, aims to solve complex multistep problems related to science, math, and coding.
- The second model, o4-mini, is more compact and nimble, catering to similar categories.
- These models integrate visual information and can use ChatGPT's tools for browsing the web, generating and analyzing images.
Read Full Article
9 Likes
Bloomberg Quint
1d
71
Image Credit: Bloomberg Quint
Piyush Goyal Meets Starlink Delegation, Discusses Future Investment Plans In India
- Commerce and Industry Minister Piyush Goyal met a delegation from satellite internet services provider Starlink to discuss their existing partnerships and future investment plans in India.
- Billionaire Mukesh Ambani's Reliance Jio and telecom tycoon Sunil Bharti Mittal's Bharti Airtel have already announced partnership deals with SpaceX's Starlink.
- The meeting took place amidst the delay in security clearance for Starlink operations in India and ongoing negotiations for a trade agreement between India and the United States.
- Starlink's operations can begin only after obtaining a license, security clearance, and spectrum allocation from the Indian government.
Read Full Article
3 Likes
Bloomberg Quint
1d
283
Image Credit: Bloomberg Quint
JSW Infrastructure Allots Commercial Paper Worth Rs 1,000 Crore
- JSW Infrastructure has allotted commercial paper worth Rs 1,000 crore.
- The commercial paper matures on Sept. 30, 2025 and is listed on BSE Limited.
- Each commercial paper has a face value of Rs 5 lakh and is offered at an issue price of Rs 4,84,177.50.
- The commercial paper has a yield rate of 6.88% per annum and a discount rate of 7.10% per annum.
Read Full Article
16 Likes
Bloomberg Quint
1d
131
Image Credit: Bloomberg Quint
OPEC+ Efforts At Oil Quota Compensation Look Flimsy As Ever
- OPEC+ efforts to compensate for oil quota violations are as flimsy as ever
- The latest data shows little success in meeting compensation targets
- Kazakhstan's overproduction has increased the backlog of compensation cuts by more than 40%
- Low oil prices may not be enough to change the behavior of countries violating quotas
Read Full Article
7 Likes
Bloomberg Quint
1d
335
Image Credit: Bloomberg Quint
India To Surpass China In Air Passenger Traffic Growth Rate In 2026, Says ACI
- India is projected to surpass neighbouring China in air passenger traffic growth rate in 2026, growing at 10.5%.
- India's air passenger traffic growth rate is estimated at 10.1% this year, lower than the 12% pegged for China.
- From 2023-27, the Compound Annual Growth Rate (CAGR) for air passenger traffic in India is estimated at 9.5%, higher than 8.8% for China.
- India will also be the fastest-growing aviation market globally for the 2023-2053 period with a CAGR of 5.5%.
Read Full Article
20 Likes
Bloomberg Quint
1d
378
Image Credit: Bloomberg Quint
Exports From Indore SEZ Decline By Over 9% To Rs 12,948 Crore In FY25
- Exports from Indore Special Economic Zone (SEZ) in Madhya Pradesh declined by 9.25% to Rs 12,948 crore in the last financial year.
- Medicines account for about 70% of the exports from Indore SEZ, with the US being one of the top importers.
- The decline in exports was attributed to obstacles in getting approval from the USFDA for some products of a major drug manufacturing unit in Indore SEZ.
- Indore SEZ, spread over 572 hectares, hosts 59 plants across sectors, including drugs, packaging, engineering, textiles, and food processing.
Read Full Article
22 Likes
Medium
1d
185
Image Credit: Medium
Remedy Invests in Goose, the Next-Generation Operating System for Pet Care Providers
- Remedy has invested in Goose, the next-generation operating system for pet care providers.
- The investment is part of a $13.4 million seed round backed by various investors.
- The pet services market is growing, but lacks unified technology and falls short of modern expectations.
- Goose's platform streamlines bookings, scheduling, and customer engagement to increase efficiency and boost revenue.
Read Full Article
11 Likes
Bloomberg Quint
1d
154
Image Credit: Bloomberg Quint
DLF Sells Kolkata IT-ITeS SEZ For Rs 693 Crore
- DLF Ltd. has agreed to sell its IT-ITeS SEZ project in Kolkata for approximately Rs 693 crore.
- The deal includes a freehold land parcel of 25.90 acres and DLF Tech Park with a gross leasable area of about 10,54,357 square feet.
- DLF aims to monetize its commercial assets through this strategic move.
- The transaction is subject to required adjustments, regulatory approvals, and specified conditions precedent.
Read Full Article
9 Likes
Bloomberg Quint
1d
320
Image Credit: Bloomberg Quint
Chipmakers Lead Tech Stock Rout As Trump Curbs Exports To China
- Technology stocks led losses on Wednesday after Nvidia Corp. and Advanced Micro Devices Inc. said President Donald Trump’s administration has curbed the export of its chips to China, while ASML Holding NV offered a disappointing earnings report.
- Nvidia sank as much as 7% after warning it will report around $5.5 billion in related charges during the fiscal first quarter, with AMD down 6.33% as it expects to take a charge of as much as $800 million. ASML plummeted 5.37%.
- The Trump administration put new restrictions on semiconductor exports to China, impacting Nvidia’s H20 chip and AMD’s MI308 products unless the companies secure a license — the latest escalation of Washington’s tech battle with Beijing.
- The developments in the tech sector overshadowed signs that China is willing to negotiate on trade after the nation said it was open to discussions with the White House if its officials rein in disparaging remarks.
Read Full Article
19 Likes
Bloomberg Quint
1d
47
Image Credit: Bloomberg Quint
Panasonic India Targets Double-Digit Growth After Rs 1,100 Crore Profit In Fiscal 2025
- Panasonic India is targeting double-digit growth in the current fiscal year after achieving a nearly Rs 1,100 crore profit in fiscal 2025.
- In fiscal 2025, Panasonic's consumer goods contributed 30% of the revenue while the B2B segment accounted for 50%.
- Panasonic Life Solutions India's net profit crossed Rs 1,100 crore, registering a growth of nearly 41% in the financial year ended March 31, 2025.
- Some categories such as devices, room air conditioners, and smart factory solutions drove the growth for Panasonic.
Read Full Article
2 Likes
For uninterrupted reading, download the app