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Startup News
Inc42
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Swiggy Launches ‘Seal’ Programme To Boost Food Hygiene Standards
- Foodtech major Swiggy has launched the 'Seal' programme to enhance hygiene and food quality standards among its restaurant partners.
- The programme is currently live in Pune and will expand to cover over 650 cities across India.
- Swiggy aims to provide restaurant partners with insights, support, and verified customer feedback to improve hygiene practices.
- The company has partnered with FSSAI-accredited agencies to offer professional hygiene audits at exclusive rates.
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Yourstory
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Mankind Pharma acquires Bharat Serums and Vaccines for Rs 13,768 Cr
- Mankind Pharma has completed the acquisition of Bharat Serums and Vaccines for Rs 13,768 crore.
- This acquisition positions Mankind Pharma as a market leader in the women's health and fertility drug market in India.
- BSV is known for its strong R&D capabilities and a robust portfolio of branded products in women's health, fertility, critical care, and immunoglobulins.
- The acquisition aims to ensure wider access to specialized treatments and unlock new possibilities for both companies.
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Siliconangle
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Cyber Guru raises $25M to expand AI-driven cybersecurity training platform
- Cybersecurity awareness training platform startup Cyber Guru Srl has raised $25 million in new funding.
- The funding will be used to accelerate its AI-driven training roadmap, increase sales and marketing resources, and expand go-to-market operations across Europe.
- Cyber Guru offers a security awareness training platform with products such as Cyber Guru Awareness, Cyber Guru Phishing, and Cyber Guru Channel.
- The platform incorporates gamification, micro-learning, and AI-powered adaptive machine learning to train employees and improve an organization's resistance to cyberattacks.
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Yourstory
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Green crackers, restricted timings: States across India announce measures to curb pollution during Diwali
- Several states in India have announced measures to curb pollution during Diwali.
- Gurugram, Haryana, Punjab, and Kerala have specified a two-hour window (8 pm to 10 pm) for bursting crackers during Diwali night.
- Delhi has reinforced a complete ban on the sale of all types of firecrackers until January 1, 2025.
- Tamil Nadu, Karnataka, Maharashtra, and West Bengal have limited the sale and use of crackers in accordance with environmental guidelines.
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Inc42
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NPCI Puts Brakes On Misuse Of Virtual IDs
- The National Payments Corporation of India (NPCI) is taking steps to prevent misuse of virtual IDs generated for UPI transactions in fintech platforms.
- Certain fintech companies are offering their services through unauthorized third-party authentication of users using UPI IDs.
- NPCI has mandated the shutdown of such services beyond payments and settlements, as these methods are unauthorized.
- NPCI has also been helping other countries such as Peru, Namibia, and Trinidad and Tobago adopt UPI-like payment systems.
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VIE Stories
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OpenAI Appoints Indian-origin Aaron Ronnie Chatterji as Its Inaugural Chief Economist
- Aaron Ronnie Chatterji has been appointed as OpenAI's first Chief Economist.
- He will lead research on the economic impact of AI, including analyzing labor market trends and assisting workers.
- OpenAI aims to understand and harness the economic potential of AI for global prosperity.
- Chatterji will focus on studying the effects of developing AI infrastructure on economic growth and employment.
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Yourstory
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Uber to launch bus service in Hyderabad, Mumbai; Bengaluru launch soon
- Uber is set to pilot its bus (shuttle) service in Hyderabad and Mumbai.
- Uber is in active dialogue with stakeholders to launch the bus service in Bengaluru.
- Regulatory approval is needed to launch the bus service in Bengaluru.
- Uber urges policymakers to be open to innovative transportation options.
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Inc42
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Infosys Partners Meta For Enterprise AI Integration
- Infosys has expanded its partnership with Meta to unveil Meta centre of excellence (COE).
- The COE is aimed at enterprise AI integration and will also aid in internal adoption and contribution to open-source groups.
- This partnership aims to accelerate the adoption of Meta's Llama stack and enable tech professionals to develop industry-specific use cases.
- Infosys has also launched a dedicated AI Experience Zone for Meta at its Bengaluru workstation, showcasing the enterprise AI advancements.
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Hitconsultant
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mPATH Health Secures $3M to Enhance Cancer Screening and Equity
- mPATH Health has secured $3 million in funding to enhance cancer screening and equity.
- The funding includes a $2 million Small Business Technology Grant from the National Cancer Institute and a $1 million equity investment led by Oncology Ventures.
- mPATH Health aims to improve early cancer detection by utilizing advanced technology and personalized outreach.
- The funding will support the commercialization of mPATH's innovative cancer screening program and facilitate the development of new screening and preventive health modules.
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VIE Stories
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Student Information Management Systems and Parental Involvement in Education
- Parental involvement in education is critical to the success of students in school.
- Student Information Management Systems (SIMS) enable parental involvement in education by providing access to real-time academic information.
- SIMS allow parents to monitor their child's progress, communicate with teachers, and stay informed about school events.
- Challenges such as technology access and understanding can be addressed through providing resources and implementing security measures.
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VIE Stories
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Discovering the Rich Heritage of the Acropolis of Athens: A Journey Through History and Art
- The Acropolis of Athens is a symbol of ancient Greek civilization and a UNESCO World Heritage Site.
- The most famous structure on the Acropolis is the Parthenon, known for its stunning ancient Greek architecture.
- The Benaki Museum and the Old Acropolis Museum house a vast collection of Greek art and artifacts.
- Other cultural attractions in the Acropolis include the Theater of Dionysus and the Areopagus.
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VIE Stories
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Visit Kennedy Space Center And Enjoy Your Visit
- The Kennedy Space Center, located in Florida, is one of the most iconic and renowned space launch facilities in the world.
- The Kennedy Space Center Visitor Complex Tour offers a behind-the-scenes look at the Kennedy Space Center, including exhibits, historic spacecraft, and a bus tour of launch pads and the Vehicle Assembly Building.
- The Shuttle Launch Experience is a simulation ride that gives visitors a sense of a real space shuttle launch.
- Visitors can reach the Kennedy Space Center by car, shuttle service, or private tour.
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Gritdaily
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FirmTech: Dr. Elliot Justin Innovating Sexual Health with Precision Technology
- Dr. Elliot Justin, founder and CEO of FirmTech is revolutionizing sexual health by merging wellness with health monitoring.
- FirmTech has introduced TechRing, a wearable erection ring equipped with sensors that gathers vital data on duration, frequency, and firmness, thereby offering insights into cardiovascular health.
- The data provided is not just for better sexual performance but the device can act as an early warning system for issues like heart disease or medication side effects.
- FirmTech operates in a rapidly expanding sexual wellness market that is valued at $30 billion.
- Dr. Justin has created partnerships with institutions such as Memorial Sloan Kettering, Baylor University, and the University of Utah to conduct clinical trials.
- FirmTech is expanding its reach into women’s sexual health by developing two devices- the world’s first clitoral health monitor and The Duet, a vibrator that is designed to pair with the TechRing.
- With a clear path to expansion and a commitment to health-focused innovation, FirmTech stands out as a venture worth watching.
- Dr. Justin’s FirmTech is setting a new standard for what sexual wellness products can achieve and how our overall health can be measured.
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Inc42
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Info Edge Gets Nod To Invest INR 30 Cr In Its Subsidiary Redstart Labs
- Info Edge's committee of executive directors has approved an investment of INR 30 Cr in its subsidiary Redstart Labs.
- Info Edge will acquire 30 Lakh compulsorily convertible debentures (CCDs) in Redstart Labs.
- The investment will be completed within 30 days and will be used for capital requirements and general purposes.
- Redstart Labs recorded a net profit of INR 33.18 Cr for the financial year ending March 2024.
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Startup Pedia
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Zomato Founder Thanks Shareholders For ‘Continued Support’
- Zomato founder Deepinder Goyal shared the company's Q2FY25 Report on social media.
- Goyal thanked shareholders for their continued support and encouraged them to email with any queries or suggestions.
- He highlighted the company's consolidated Adjusted EBITDA, sustained topline growth, addition of new stores and warehouses, and the upcoming launch of a new app for the going-out vertical.
- Goyal expressed excitement about the company's progress and gratitude for the support received.
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