However, she feels that the need for experimentation is going to continue to exist. But there is also going to be a need for open AI, transparency and explainability. Regulation needs to go at the same pace as product innovation, she added. The dentsue4m Digital Advertising Report 2024 was jointly unveiled by dentsu and the exchange4media Group in Mumbai on Thursday in the presence of industry leaders.

According to sources, Paytm is in the final stages of finalising a deal to acquire Bitsila, an interoperable ecommerce startup. Bitsila is the third largest seller side platform by transactions on the Open Network for Digital Commerce (ONDC). Money control could not confirm the deal size and whether it is for cash or stock.

Paytm ONDC Startup Deal: Paytm, which is struggling with difficulties, is going to buy ecommerce startup Bitsila. According to media reports, the deal between Paytm and Bitsila is in the final stages and may be completed soon. Bengaluru based Bitsila is an open network for digital commerce startup.

However, it can also be argued that the GDPR s strict data protection requirements could hinder certain types of data driven innovation, such as in the field of online marketplaces or artificial intelligence, or other digital sectors who are actively leveraging similar emerging technologies.

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The Fund of Funds for Startups (FFS) scheme under the Startup India programme launched by Prime Minister Narendra Modi in January 2016 has enabled investments to the tune of around 4x of the amount drawn with Rs 17,534 crore invested in 938 startups, according to a Crisil assessment called Prabhaav launched by SIDBI on Friday.

During the review, Advisor Bhatnagar underlined the significance of Animal/Sheep Husbandry and Fisheries sectors in contributing to the socioeconomic landscape of Jammu and Kashmir. He underscored the need for leveraging modern technologies, implementing the ongoing projects religiously and fostering innovation to enhance productivity and uplift the livelihoods of those dependent on these sectors.

Times Health Excellence event in Chennai 2024: Celebrating medical innovation and expertise The Times Health Excellence event will showcase the latest advancements in medical technology through interactive workshops and demonstrations. Participants will explore innovative solutions like virtual reality simulations and robotic assisted surgeries, inspiring them to drive positive change in their respective fields.

Fintech startup Paymart on Friday said that it has partnered with five Indian banks to offer its innovative virtual, cardless, and hardwareless cash withdrawal service. Paymart has partnered with five prominent banks, including IDBI Bank, Indian Bank, Jammu & Kashmir Bank, and Karur Vyasa Bank, to roll out this service nationwide.

As India positions itself globally, workplace transformations reverberate beyond borders. Upcoming GCC setups amplify anticipation, providing platforms for India to showcase economic prowess, technological transformation, inclusive development, innovation focus, and impactful workplace cultures.

Producer of clean energy transition materials through battery recycling and repurposing, Lohum Cleantech has raised $23 million in its Series B round led by Baring Private Equity Partners. This round materialized in August last year and seems to be an ongoing one as the firm is likely to raise more capital.

Startup funding in the first week of February 2024 was down about 17% from the same period a year ago, totalling $154.5 million across 27 deals. Companies, across seed, early and late-stages, had raised about $185 million from 31 rounds in the period from February 3 to February 9, 2023, as per data from Tracxn.

Shares of Paytm parent, One97 Communications, tumbled nearly 9% in early trade on Friday amid a report that the payment solutions company is in talks to acquire e-commerce startup Bitsila. The Bengaluru-based startup, established in 2020 by Dasharatham Bitla and Sooryah Pokkali, is the third-largest seller-side platform on the Open Network for Digital Commerce (ONDC).

Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computerchip technology, according to a joint court filing on Friday in California federal court. Apple sued stealth startup Rivos in 2022. It said Mountain View, Californiabased Rivos had hired away dozens of its engineers and used its confidential information to develop competing systemonchip (SoC) technology.

In a move highlighting its aggressive push into artificial intelligence , Apple reportedly acquired over 30 AI startups in 2023, exceeding the acquisitions of any other tech giant This aggressive strategy puts Apple at the forefront of the AI race, potentially shaping the future of its products and services

Small startups can apply for limited projects in the US Now, it is expensive This model could be better than setting up an MRO or company to company tieups, he said Christopher also stressed on the need to promote research and to find an alternative solution instead of finding super or expensive solutions

Union minister Dharmendra Pradhan on Sunday launched an initiative of IIT Bhubaneswar’s Research and Entrepreneurship Park, which aims at creating 100 startups with a valuation of Rs 100 crore each by 2036. The 100Cube startup initiative was unveiled by Pradhan here, who said innovation is in the DNA of Odia society.

Union Minister for Education, Skill Development and Entrepreneurship Dharmendra Pradhan on Saturday said Odisha will have 100 startups with a minimum turnover of Rs 100 crore each when it turns 100 in 2036. In a fireside chat with startups, institutions, investors and ecosystem enablers on the eve of 100Cube startup conclave, he said the country has developed a new culture and pace of research, innovation and entrepreneurship with no dearth of talent and ideas.

Aimed at leveraging engineering as a powerful tool to address global challenges and improve the quality of life, a group of Indians in Silicon Valley has announced the formation of a global network of Indian professionals dedicated to fostering innovations

Union Minister Dharmendra Pradhan emphasized on Sunday that it is Prime Minister Narendra Modi s vision to make India a developed nation by 2047. He said that India s startup ecosystem is reaching new heights.