The strategic buyback marks a significant milestone for the cryptocurrency exchange as it seeks to reward long-term contributors and strengthen employee ownership.
As part of the initiative, Addverb is using NVIDIA Omniverse libraries and NVIDIA Cosmos World Foundation Models to create high-fidelity digital twins of warehouses and industrial environments.
Japan’s push to deepen defence cooperation with India reflects a quiet recalibration in Indo-Pacific strategy, writes Srikanth Kondapalli, Professor of Chinese Studies at Jawaharlal Nehru University.
The investment will be deployed through Qualcomm Ventures and will fund startups at various stages, with a strong focus on AI applications in automotive, Internet of Things (IoT), robotics, and mobile technologies.
The round was led by market investor Ashish Kacholia and Unicorn India Ventures, with participation from Roots Ventures, Caperize Fina, and MAIQ Growth Scheme.
The round was led by Sekar PRC (former CEO, Hexaware) and Sudip Nandy (former CEO, Aricent), along with the company's founders Anjan Lahiri and Samit Deb.
The collaboration aims to enable Government of India departments to adopt advanced cloud services while ensuring data residency, security, and compliance requirements are met.