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Satya Nadella-led Microsoft to invest $3 billion for cloud, AI expansion in India
- Microsoft plans to invest $3 billion in India over the next two years for cloud and AI expansion.
- The investment aims to enhance skill development, drive innovation, and make AI more accessible in the country.
- Microsoft will set up new data centres, train 10 million Indians in AI skills, and promote responsible AI practices.
- The company is also partnering with startups and focusing on reducing environmental impact.
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TechUniverses
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Choosing the Best Online Reputation Management Company in 2025
- Online reputation management (ORM) companies help monitor, protect, and enhance your digital image.
- Key features to look for in an ORM company include industry-specific expertise, advanced technology and reporting, a proven track record, scalability, and crisis management capabilities.
- Ethical ORM practices should be prioritized, avoiding tactics such as fake reviews or spamming.
- Top online reputation management companies in 2025 include Erase.com, Guaranteed Removals, Reputation Riot, Go Fish Digital, Thrive, and Cloutrep.
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Inc42
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RAS Luxury Skincare Nets $5 Mn Led By Unilever Ventures
- D2C skincare startup RAS Luxury Skincare has raised $5 Mn in a Series A funding round led by Unilever Ventures and Amazon Smbhav Venture Fund.
- The funding will be used to expand brand outlets and shop-in-shop retail footprints, hire new talent, invest in research and development, and strengthen technology.
- RAS Luxury Skincare, founded in 2017, uses natural ingredients to make skincare and body care products.
- The company aims to become India's top luxury skincare brand and expand globally.
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Yourstory
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Maximising IoT Data value in the digital age: Top tech experts share strategies at exclusive roundtable
- Businesses are under immense pressure to innovate and adapt, and the ability to build applications that are scalable, responsive and handle real-time data is essential for survival today.
- Experts shared strategies at an exclusive roundtable on 'Internet of Things (IoT) for the Digitally Connected World: Understanding How to Maximize Value Out of IoT', hosted by Volt Active Data in partnership with YourStory Media.
- IoT technology enables systems, devices, and applications to connect and share data in real-time but challenges of speed, reliability, and scalability exist.
- The pivotal role of edge computing in IoT ecosystems and how edge devices are transforming industries with imaging tech was highlighted.
- Discussions spanned various sectors, including Retail Operational Efficiency, Better customer experience, Sustainability, Energy Management Smart Cities and other digitally connected use cases.
- The importance of edge computing in IoT adoption was highlighted to reduce latency and enhance security. The retail industry is leveraging IoT tech to provide hyper-personalised offers and real-time ads.
- Experts discussed IoT vulnerabilities regarding interconnected devices and the constant threat of cyberattacks and underscored the need for proactive solutions to safeguard data.
- The roundtable discussed the evolution of data platforms and their role in IoT ecosystems. Modern, low-latency platforms are essential for scalability and efficiency in IoT applications in areas like smart cities, traffic management, and the energy sector.
- Information flow and consumer awareness were highlighted as significant drivers of IoT adoption, and collaboration between technology providers, industry leaders, and regulators will be crucial to unlock the full value of IoT.
- The transformative potential of IoT in driving innovation and solving real-world challenges was reinforced by the roundtable discussion.
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Inc42
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Tata Electronics Gets CCI Nod To Acquire Majority Stake In Pegatron India
- Tata Electronics has received approval from the Competition Commission of India (CCI) to acquire a majority stake in Pegatron India.
- The acquisition will take place in two tranches, and Tata Electronics will transfer the business undertaking of TEL Components to Pegatron India.
- Pegatron India, a subsidiary of Taiwan's Pegatron Corporation, operates a factory in Chennai and manufactures smartphones for domestic and export markets.
- This acquisition expands Tata's presence in Apple's manufacturing ecosystem in India and is expected to create more jobs and contribute to India's economic growth.
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Yourstory
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Snapdeal appoints Achint Setia as CEO
- Snapdeal's parent company Acevector Limited has announced the appointment of Achint Setia as the new CEO.
- Former CEO Himanshu Chakrawarti has transitioned to the role of CEO of Stellaro Brands, a subsidiary of Acevector.
- Achint Setia brings over two decades of experience in ecommerce, media, technology, and brand building.
- The co-founders of AceVector Limited, Kunal Bahl and Rohit Bansal, expressed confidence in Setia's ability to support Snapdeal's growth trajectory.
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Inc42
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Achint Setia Named As Snapdeal CEO
- Achint Setia has been appointed as the CEO of Snapdeal.
- Himanshu Chakrawarti will transition to the role of CEO of Stellaro Brands.
- Setia brings nearly 20 years of diverse experience in e-commerce, media, telecom, and government services.
- Snapdeal, founded by Kunal Bahl and Rohit Bansal, has raised over $1.5 billion from investors.
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Inc42
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EVs In India In 2025: On The Cusp Of An Inflection Point
- India saw several cutting-edge electric vehicle models in 2024 launching in the two and four-wheeler segments, supported by the growing EV charging station network, green energy integration and startup investments. India’s commitment to going green can be seen in schemes such as EMPS (worth INR 770 Cr) and the PM E-DRIVE scheme (INR10,900 Crore) projected to sell 2.88 million vehicles by 2025. EV IPOs, mergers, EV infrastructure, and new launches spell immense possibilities for the Indian EV market in 2025.
- Ather Energy and Ampere Electric are India’s top two electric two-wheeler manufacturers expected to land on the stock exchanges in 2025. While both show promise, Ather holds a competitive edge due to its high-performance vehicles, in-house developed technology, and superior product quality.
- Honda, Nissan, and Mitsubishi are reported to merge under a joint holding company to establish the world’s third-largest automaker by 2026. The merger will optimise shared resources and technologies, with a particular focus on EV development, expected to advance EV launch and hybrid-electric vehicles in India.
- As of November 2024, India witnessed a doubling of public EV charging points across the country to 25,202 stations, and further boost is expected with the INR 2000 Cr allocation, the Hero Electric-BOLT partnership to set up 50,000 charging stations by 2025. Experts predict public-private collaborations driving advancements in EV infrastructure.
- Mahindra unveiled two EV models – BE 6 and XEV 9E, coming up for sale in late January 2025. Maruti Suzuki's eVX (Vitara), Tata Harrier EV and Hyundai’s Creta EV are mass-market vehicles set to debut in 2025
- Tesla plans to introduce a “Redwood”, a mass-market EV, locally manufactured and targeted at Indian consumers. BYD with massive plans including a Rs 20,00,000 electric sub-compact SUV by 2025 and launching electric models like BYD eMAX 7 and Seagull. However, strict Indian investment rules have halted BYD’s $1 Billion investment plans.
- EV launches with advancements in battery technologies and extended driving ranges are expected to push legacy automakers to innovate more aggressively, leading to new customer expectations, and significantly accelerating EV adoption in India.
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Yourstory
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Why in-app payments are a gamechanger for businesses —and how BharatPe makes them simple
- BharatPe, in collaboration with Unity Bank, has introduced an innovative Merchant Plugin that simplifies in-app payment integration.
- Merchants can enhance customer experiences, ensure data security, and drive business growth with in-app UPI payments.
- The UPI Plug-In service eliminates the need for merchants to become a Third-Party Application Provider (TPAP) for in-app payments.
- BharatPe's Merchant Plugin allows merchants to offer seamless in-app payment experiences, maintaining customer engagement and minimizing exposure to competitors.
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VIE Stories
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Swiggy Launches 'Snacc': New App for 15-Minute Food Delivery
- Bengaluru-based food delivery giant Swiggy has launched a standalone app, Snacc, for ultra-fast food delivery in 10-15 minutes.
- The app offers fast food, ready-to-eat meals, and beverages, and is currently available only in Bengaluru.
- Snacc sources its offerings from third-party food providers and premium brands like Blue Tokai and The Whole Truth.
- Swiggy's entry into the quick-commerce space puts it in competition with Blinkit's Bistro and Zepto Cafe.
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Yourstory
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Startup news and updates: Daily roundup (January 8, 2025)
- Amita Madhvani’s upbringing in a close-knit chawl in Mahim instilled in her a love for community and storytelling.
- The Securities and Exchange Board of India (SEBI) has issued a warning notice to electric vehicle maker Ola Electric for violating disclosure norms.
- Swiggy's latest app Snacc seems to have features of its private label Swiggy Cafe and Swiggy Bolt.
- Farm-to-face beauty and personal care brand RAS Luxury Skincare raised $5 million in a funding round led by Unilever Ventures.
- Luxury app Culture Circle, which offers authenticated collection of sneakers, streetwear, and luxury fashion, accepted a strategic deal of Rs 3 crore for 3% equity from Kunal Bahl and Ritesh Agarwal.
- Peer-to-peer (P2P) lending platform LenDenClub launched a new daily earning loan that allows lenders to earn daily interest along with principal repayments.
- Sector-agnostic venture capital fund Inflexor Ventures announced the elevation of Harsha Mundhada and Murali Krishna Gunturu as partners in the fund.
- GrowthJockey, launched Intellsys, an AI-powered growth marketing intelligence platform designed to empower businesses with real-time, data-driven insights.
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Yourstory
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Microsoft fuels $3B AI bet in India via partnerships with IndiaAI, industry leaders
- Microsoft has announced strategic partnerships with the Government of India and industry leaders in a bid to boost India's AI ambitions.
- The partnerships aim to accelerate AI development and adoption, promote an inclusive and ethical AI ecosystem, and support rural AI innovation.
- Microsoft will establish Centres of Excellence and AI Productivity Labs, skill 500,000 people in AI by 2026, and develop AI-enabled solutions across sectors such as healthcare and agriculture.
- The company has also pledged $3 billion to fuel AI and cloud infrastructure in India over the next two years.
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Startupreporter
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Sangeetha Celebrates 50 with the Launch of New Corporate Office and Corporate Store
- Sangeetha, India’s first specialty retailer in the mobile segment, inaugurated its new corporate office, 'Sangeetha Vision,' and flagship store, 'Sangeetha Gadgets,' in Bangalore.
- The inauguration ceremony, part of the golden jubilee celebrations, was attended by prominent dignitaries including Shri Tejaswi Surya, MP, Lok Sabha, and Shri R. Ashoka, Leader of Opposition, Karnataka Legislative Assembly.
- Sangeetha announced plans to add 1,000 stores by FY 2025-26, while expanding into emerging gadget categories and geographies.
- The company aims to become a pioneer in quick commerce within the gadget retail segment, bridging the gap between convenience and technology.
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VIE Stories
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Babynama: Couple Turned A Gap Into Business, Focused On Helping Parents
- Babynama is a Delhi-based company focused on helping newborn parents.
- The company was founded by Dr. Sumitra Meena, a pediatrician with a tragic family experience that led her to become a doctor, and Ashish Meena, a tech expert with a computer science degree.
- Dr. Sumitra's disappointing experience as a resident helped her identify a gap in the market: new parents often have a lot of questions but aren't sure where to get the right answers.
- So, the couple set out to create a digital pediatric care platform that offers 24/7 support to parents through calls and WhatsApp within 15 minutes.
- Babynama provides instant care for children and simplifies the parenting journey by making reliable and instant pediatric care accessible.
- The platform offers help from experts like doctors for babies, nutritionists, breastfeeding experts, gynecologists, and fitness professionals to support parents.
- Over the past two years, they have assisted nearly 200,000 parents in getting quick medical help and spotting early warning signs of serious conditions like breathing problems, epilepsy, and autism.
- Babynama hopes to expand and bring accessible healthcare to more people across the country, and they're using AI to create a chatbot that answers common questions in their app.
- Parents can download the app, ask questions, and get answers. If they need more help, they can book a consultation.
- The service will start at Rs 99 per month, aiming to make the service affordable for everyone.
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Inc42
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Swiggy Rolls Out SNACC App For 15-Minute Food Delivery
- Swiggy has launched a new app called SNACC for 15-minute food delivery.
- Currently, SNACC is available only in select areas of Bengaluru.
- This is Swiggy's second attempt at quick food delivery, following the pilot of Cafe option in 2024.
- SNACC will compete with Zepto Cafe and Zomato's Bistro in the quick commerce segment.
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