Adani’s Data Collection for Mumbai Slum Revamp
The Dharavi slum in Mumbai, spanning 640 acres and housing up to 1 million residents, is one of the most densely populated areas in the world. For decades, the slum has been a challenge for urban planners and authorities, who have struggled to provide adequate infrastructure, sanitation, and housing for its inhabitants. Now, the Adani […]
Ola Founder’s Krutrim Becomes India’s First AI Unicorn
Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, has achieved a remarkable feat by becoming India’s first AI unicorn. The startup, which aims to build the country’s complete AI computing stack, has raised $50 million in a funding round led by Matrix Partners India, valuing it at $1 billion. Krutrim, which means “artificial” […]
ACME and IHI Ink Green Ammonia Supply Deal
ACME Group, a leader in renewable energy in India, and Japan’s IHI Corporation, have signed a term sheet to supply 0.4 million metric tonnes per annum (MMTPA) of green ammonia from Odisha, India, to Japan. This agreement, a significant step towards reducing global greenhouse gas emissions, is expected to offset 54 million tons of CO2 […]
RBI Approves Zomato Payments as Online Aggregator
Zomato, the leading online food delivery platform in India, has received the Reserve Bank of India’s (RBI) approval to operate as an online payment aggregator through its subsidiary Zomato Payments Private Limited (ZPPL). This will enable Zomato to offer integrated payment solutions to its customers and merchants, and compete with other payment aggregators like Tata […]