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Funding News
Startupreporter
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Renowned Futurist Akhilesh Srivastava Unveils Groundbreaking Book on Harnessing Artificial Intelligence in the Construction Industry
- Akhilesh Srivastava has released a book on harnessing Artificial Intelligence (AI) in the construction industry.
- The book explores the integration of AI and technology in the construction sector, providing practical insights and strategies.
- It focuses on the potential of AI to revolutionize infrastructure development, improving efficiency, safety, and profitability.
- Akhilesh Srivastava, a renowned futurist and strategic business advisor, brings his expertise in AI and construction to guide industry professionals.
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Startupreporter
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Kingston Returns to COMPUTEX 2023 with New Non-Binary DDR5 Memory and XS1000 External SSD
- Kingston Technology announces its return to COMPUTEX Taipei after three years.
- At COMPUTEX 2023, Kingston showcases its latest products, including non-binary DDR5 memory and XS1000 External SSD.
- The company presents the world’s first “Kingston Future Hub” showroom, featuring various zones showcasing their memory and storage solutions for creators, enterprises, gamers, vloggers, and smart living.
- The Kingston Starship No.35, an experiential truck, will also be part of COMPUTEX 2023, giving attendees a chance to win prizes.
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Startupreporter
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XtraTrust CA makes strong inroads in Digital Signature market; poised for success
- XtraTrust DigiSign Pvt Ltd, a Certifying Authority, is making strong inroads in the Digital Signature market.
- The company issues legally valid Digital Signature Certificates to individuals, private, and government organisations pan-India, ensuring privacy, integrity, and authenticity for online transactions.
- XtraTrust DigiSign also provides eSign service to facilitate electronic signing of documents by Aadhaar holders, offering end-to-end e-governance services and solutions.
- The company plans to expand its domestic facilities, enter new industries, and enhance brand awareness, with a focus on empowering individuals and organisations through the availability of advanced technology.
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Startupreporter
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Yokogawa India Joins Tech Industry Body NASSCOM
- Yokogawa India Ltd. has joined the National Association of Software and Services Companies (NASSCOM).
- NASSCOM is the premier trade body and chamber of commerce for the tech industry in India.
- Yokogawa can benefit from access to knowledge resources, networking opportunities, and best practices through NASSCOM membership.
- The membership allows Yokogawa to contribute to policy advocacy programs and industry-specific goals.
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Bloomberg Quint
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357
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Assam CM Holds Talks With Vedanta For Investment Of Rs 50,000 Crore In State
- Assam CM Himanta Biswa Sarma held talks with Vedanta Group for an investment of Rs 50,000 crore in the state.
- In February, Vedanta Group Chairman Anil Agarwal announced the investment in Assam and Tripura's oil and gas sector.
- The Assam government is giving high priority to ensure the success of major investment proposals this fiscal.
- The investment will create employment opportunities for the youth and make the region a dominant hydrocarbon hub.
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Npengage
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How to Craft an Award-Worthy Nomination for the Blackbaud Impact Awards
- Crafting an award-worthy nomination for the Blackbaud Impact Awards requires highlighting achievements that make a difference and tell a compelling story.
- Tips include uncovering a unique narrative that aligns with core values, reflecting on celebrated achievements, considering new projects, identifying surprises, and showcasing Blackbaud technology impacts.
- Before writing, planning is essential, focusing on addressing key points and providing a clear before-and-after narrative of transformation.
- Emphasize outcomes over technical details, include anecdotes, and share personal stories to showcase human accomplishments.
- Quantifiable results are crucial for a strong nomination, so incorporating data throughout the application is recommended.
- Collaboration is key for a successful nomination, utilizing resources and expertise within the organization to create a comprehensive submission.
- Nail the basics by reviewing nomination instructions, adhering to formatting and word limits, and starting early to allow time for refinement.
- Crafting a standout nomination can increase your chances of recognition and position your organization as a strong candidate for the award.
- Nominations for the Blackbaud Impact Awards are due on Friday, June 13.
- Best of luck to all nominees in inspiring and receiving the recognition they deserve!
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Mechanicalbusiness
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MCAC issues statement on skilled trades and party commitments
- The Mechanical Contractors Association of Canada (MCAC) has issued a statement following Canadian political party commitments to grow the skilled trades.
- Mechanical contractors across Canada are glad to see all federal parties stepping up to show their support for workers in the skilled trades.
- The association calls on all the parties to commit to working with associations in the construction sector to ensure investments are going to the trades that are most in-demand in Canada’s labour force.
- Building a new Canadian economy will require strategic investments in the ten Red Seal trades employed by our sector, as well as capacity-building for those sectors that are critical to our country’s economic growth and productivity.
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Eu-Startups
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London-based AI creative studio Wonder raises €2.6 million for GenAI visual content
- London-based AI creative studio, Wonder, has raised €2.6 million in pre-Seed funding.
- The funding will be used to enable the next generation of filmmakers and storytellers to craft visual content.
- Wonder aims to improve the efficiency of the content creation process and democratize storytelling through technology.
- Backed by investors including LocalGlobe and Blackbird, Wonder plans to build an AI-first studio for faster production and fairer ownership.
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Bloomberg Quint
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SEBI Reports Disposal Of 4,371 Complaints Via Redressal System Platform
- Capital markets regulator Securities And Exchange Board Of India has disposed of 4,371 complaints in March through its grievance redressal facilitation SEBI Complaint Redressal System platform.
- According to the SEBI data, complaints pending as on Feb. 28 stood at 4,376.
- In March, the market regulator received 4,156 fresh complaints, and a total of 4,161 complaints remained unresolved as of March 31, SEBI said in a public notice on April 11.
- The average resolution time taken by the entities to submit action taken reports in March was nine days.
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Medium
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AI Agent Platform — Mindset — secures £4.3m funding round
- AI Agent Platform — Mindset — secures £4.3m funding round
- Mindset's B2B AI agent SaaS platform increases revenues for companies and reduces churn.
- Their white-label platform enables companies to create, deploy, and sell AI agents providing instant answers.
- Mindset has a £1.5bn market opportunity in the education, media, and communications sectors in the UK & USA.
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Eu-Startups
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British FinTech startup BKN301 Group raises €21 million BaaS platform
- London-based BKN301 Group, a global FinTech specializing in Banking-as-a-Service (BaaS), has raised €21.5 million in a Series B funding round.
- The funds will be used to support international growth, organic development, strategic acquisitions, and enhance the firm's proprietary BaaS Orchestrator platform.
- Investors in the funding round include CDP Venture Capital SGR, Azimut Libera Impresa SGR, SIMEST, and other investors.
- BKN301 Group aims to bring an efficient and innovative BaaS model to global markets, and has shown significant growth and expansion in markets such as Africa and the Middle East.
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Guardian
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Neil Woodford to launch subscription-based investment service
- Former fund manager Neil Woodford announced the launch of a subscription-based investment service called W4.0.
- Investors will be able to download and enact Woodford's strategies via their own accounts on the community platform.
- Woodford's flagship fund, Woodford Equity Income Fund (WEIF), collapsed in 2019, leaving investors out of pocket.
- The W4.0 service offers multiple strategies, subscription prices undisclosed, aiming to give investors more control and personal choice in their investment decisions.
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Bloomberg Quint
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405
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Dr Reddy's Denies Plans To Implement 25% Workforce Cost Reduction
- Dr Reddy's Laboratories denies plans to implement a 25% workforce cost reduction.
- The pharmaceutical manufacturer deems the news of the plans to reduce workforce costs by 25% to be factually incorrect.
- The company clarifies that there is currently no event or information which requires a disclosure.
- The potential cost reduction initiative may have been due to underperformance in new ventures, such as the therapeutics division and nutraceuticals sector.
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Medium
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From Research to Real-World Impact: Solving the Bottleneck in Scientific Commercialization with AAK…
- AAK Tele-Science offers a platform to help researchers and scientific entrepreneurs transition from theory to impact.
- By centralizing capabilities into a unified platform, AAK enables better project execution and increases research visibility.
- AAK provides IP tracking and attribution tools to streamline tech transfer processes and reduce legal friction in collaborations.
- The platform offers access to a real-time database of global funding sources, encouraging alignment with industry trends and commercial pathways.
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Economic Times
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Wipro Consumer Care Ventures leads early funding in Singaporean women’s health startup
- Wipro Consumer Care Ventures leads early funding in Singaporean women’s health startup
- Wipro Consumer Care Ventures has led a pre-series A funding round of $3.5 million in Singapore-based Moom Health.
- Moom Health is a women’s health supplement brand for Asian women, offering targeted solutions to health issues.
- With the funding, Moom Health aims to scale its personalized wellness approach and expand across new markets.
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