Binance Group, a global decentralised cryptocurrency exchange, announced setting up of a $50 million blockchain technology fund for India. This comes after a recent Supreme Court ruling that had overturned Reserve Bank of India notification that had restricted banking access for virtual currency trading in the country. The fund will be utilised to invest upwards…
ESIC relaxes norms in consideration of the impact of pandemic – Corona virus, and resultant impact on working of most businesses. The ESI contribution for the month of February, 2020 & March 2020 can be filed & paid up to 15th April, 2020 & 15th May 2020 instead of 15th March, 2020 & 15th April,…
Pitstop, an online platform delivering one stop solution for all car care needs, announced it has raised $2.5 million Series A funding led by TPG backed-Group Landmark. In 2019, the company had raised $2.9 million from Blume Ventures & Goldbell Group of Singapore. The funds will be utilised to fuel its expansion plans. The company…
ZunRoof, a Gurugram-based smart energy solutions startup, announced it has raised $3 million Series A funding from Godrej Investment Office. Earlier also, Godrej had invested $1.2 million in the company in its Pre-Series A funding round that took place in 2019. As per the Company’s statement, ZunRoof aims to resolve the affordability issue of solar…
Paytm, India’s largest payments company, announced the appointment of former Coverfox CEO Premanshu Singh as Senior Vice President and the Head of Insurance business. Singh will report to Amit Nayyar, who is heading the Paytm’s Financial Services unit. In Coverfox, Premanshu Singh spent three years as CEO of Coverfox. Prior to that, Singh was the…
API major, Lasa Supergenerics Ltd in collaboration with Institute of Chemical Technology (ICT) recently announced commencement for Development of antiviral Compound Favipiravir as Covid-19 Treatment. Commenting on the development, Dr Omkar Herlekar, Chairman– Lasa Supergenerics Limited, said Health and safety of our countrymen is of pristine importance and to safeguard them from deadly corona we…
Domino’s Pizza, the market leader in chained pizza segment in India, has introduced “Zero Contact Delivery” across all its 1,325 restaurants in the country. This service will allow customers to receive their order without coming in contact with the delivery staff. This feature has been introduced as an additional precautionary measure to ensure the safety…
As India readies to face the current health crisis, Westlife Development, the company that owns and operates McDonald’s restaurants in West and South India through its wholly owned subsidiary, is leading the way for the industry, and has launched a Contactless Delivery service to deliver happiness to the customers’ doorstep. Reinforcing its safety and hygiene…
OAG, the world’s leading provider of travel data and insight, released its latest analysis on the global impact of the coronavirus on the air travel market. The Europe to United States travel ban will have far-reaching implications for the global aviation industry. The ban will affect 10.9% of all international flights and 16.9% of all…
CLIA ocean-going cruise lines will be voluntarily and temporarily suspending cruise ship operations from U.S. ports of call for 30 days as public health officials and the U.S. Government continue to address COVID-19. “CLIA cruise line members are voluntarily and temporarily suspending operations from the U.S. as we work to address this public health crisis,”…
OpenSesame, the global elearning innovator, announced unlimited free access to coronavirus preparedness and remote work training for any organization through 15 May 2020. The offer includes elearning courses in multiple languages on preventing coronavirus and other illnesses as well as working and managing employees remotely. “At OpenSesame, we strive to fully support our customers, and…
Coursmy, an AI enabled Learning experience platform, announced the launch of a holistic Enterprise SaaS platform for upskilling and career development opportunities. Coursmy provides white labelled learning experience platform, which helps in promoting a strong learning culture, an environment of seamless learning, improved employee engagement and increased functional capabilities. This is achieved through democratization of…
Innoplexus AG has made its proprietary Ontosight AI search platform available to medical researchers around the globe to help fight the COVID-19 pandemic with immediate effect. The platform is already being used by researchers from Germany, USA, and India. ‘Flattening the curve’ necessitates health organizations to take on early measures focused on containment. Various countries,…
Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the IDC MarketScape for Life Science Drug Safety Services, Worldwide. According to the report, “Within the life science drug safety services space, TCS’ strength lies in its well established foundation of drug safety BPO offerings…
Prutor.ai, developed by Dr. Amey at IIT Kanpur, offers many online courses. It is making the online content and access to Prutor free to any university and college in the world which cannot take physical classes anymore due to the coronavirus pandemic. Most colleges have to cancel taking the physical classes in the classrooms, to…