As per the report, over the past year, 79% of higher educational organizations surveyed reported being hit by ransomware, while 80% of lower educational organizations surveyed were targeted—an increase from 64% and 56% in 2021, respectively
As per an official release, PEP Technologies will invest INR 30 crore in Hyphen, as the first round of investment, being the majority shareholder, fueling the partnership's growth and success
The newly raised funds will be directed towards areas including assembling a robust team, global expansion, enhancing product capabilities, and forging strategic partnerships
According to an official statement, the partnership aims to transform India's asset management industry through a digital-first offering and democratise access to investment solutions
The fresh capital serves as a solid foundation for Vinculum's ambitious expansion strategy and fortifies its growth objectives on a global scale, as per the company
The collaboration will allow Genpact's global talent to access Microsoft's Azure OpenAI Service to enable them to unlock new opportunities to implement generative AI capabilities for clients
Currently, the company focuses on expanding its footprint to cities throughout India while investing in high-quality talent and distributed delivery architecture
According to an official statement, the company plans to use 25% of the funds towards technology enhancement, 35% to supply enhancement, and the remaining 45% will be utilized for demand generation
With a vision to capture life's stories by bottling them in scents, SOL positions itself as an aspirational yet affordable fragrance brand targeted towards the Gen-Z and millennial audience, added the company, said the company
The fund infusion will fuel Newtral.io's growth and accelerate the development of its cutting-edge product portfolio focused on carbon accounting and sustainability reporting needs
Reportedly, the ministry conducted the investigation after receiving anonymous emails alleging that several EV makers were claiming subsidies without complying with the Phased Manufacturing Plan (PMP) rules
The funding round will play a pivotal role in fuelling the company's expansion plans, enhancing its technological capabilities, and solidifying its global market presence
The report stated that the funding decline in H1 2023 is largely due to the downward trend in early-stage investments, which plunged 81% and 68% from H1 2022 and H2 2022, respectively
Minifeel plans to utilize the funds to develop the technology to personalize the consumer's experience by recommending the best products that suit them
The program offers students an opportunity to upskill themselves through a hybrid learning program that focuses on Metaverse Marketing, Blockchain, NFT and Crypto, Brand Management, and Social Media Marketing among other core skills
The fund raised will be strategically allocated towards product development, business expansion, supporting the community, and building a creator economy
The allocated INR 3,000 crore will be dedicated to fund the acquisition of 3,000 e-buses and supporting alternative fuel technology buses projects, battery energy storage initiatives, and establishing a robust charging infrastructure network
The Centre of Excellence will serve as a research, training, and collaboration hub, empowering organizations to tailor solutions to complex business challenges