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Govt Approves 18 R&D Projects Worth Rs 46.74 Cr For Technical Textiles

Ministry of Textiles approved a total of 18 Research and Development projects worth Rs 46.74 crore across different areas of technical textiles, an official statement said on Thursday. Addressing the 7th Meeting of the Mission Steering Group (MSG) of the National Technical Textiles Mission in New Delhi, Union Textiles Minister Piyush Goyal said, “Industry and […]

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Brands Companies E-commerce & Marketplaces News Retail Tech

Myntra Launches AI-powered Shopping Assistant Maya

Myntra, the fashion, beauty and lifestyle ecommerce platform has introduced a conversational AI-powered chatbot, Maya, to make customers’ shopping experience more seamless and customised, while helping them expedite their decision-making. With its elevated capability, Myntra’s virtual fashion influencer, Maya, transcends serving fashion inspiration on social media, to now also extending AI-backed shopping assistance on the […]

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Beauty Brands Companies Finance News

Beauty & Personal Care Brand Pilgrim Raises $20 Mn In Series B Funding

Pilgrim, a beauty and personal care brand has raised USD 20 million in Series B funding led by Vertex Ventures Southeast Asia and India along with existing investors Fireside Ventures & Narotam Sekhsaria Family Office. Currently, at Rs 300 crore ARR, the brand is committed to scaling to Rs 1000CR ARR by 2025. Commenting on […]

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Brands Companies E-commerce & Marketplaces Fashion & Lifestyle News

French Crown Introduces Exclusive Men’s Festive Collection With Over 500 Exquisite Designs

French Crown, a home-grown global premium fast fashion D2C fashion brand synonymous with premium men’s clothing, has unveiled a Festive Collection encompassing a staggering 500 designs. The collection covers a diverse range of styles, including Kurta Pyjamas, Indo-Western outfits, Jodhpuris, and Nehru jackets, setting the stage for a stylish celebration. French Crown is aiming to […]

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Brands Companies Electronics News

boAt, Reliance Digital Launch First-of-its-Kind Smart Ring Hologram In India

boAt, an audio and wearable brand, has partnered with Reliance Digital, the technology retail chains, to offer consumers a unique retail experience using 3D Hologram Projections to introduce the boAt Smart Ring. This marketing initiative between boAt and Reliance Digital aims to revolutionize the Indian retail industry by introducing an immersive experience for customers that […]

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Companies News

Jio Platforms, NVIDIA Partners To Build AI Cloud Infrastructure For Retail

Jio Platforms, a subsidiary of Reliance Industries, has joined forces with NVIDIA, a global leader in AI computing, to unveil an Artificial Intelligence cloud infrastructure to revolutionise India’s AI landscape. According to a media release by Jio Platforms, this collaboration is set to accelerate India’s progress in artificial intelligence, supporting the nation’s competitiveness and addressing […]

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Companies News

Exide Industries Invests Rs 100 Cr In Advanced Battery Cell Arm EESL

Exide Industries has announced a significant investment of over Rs 100 crore in its wholly-owned subsidiary, Exide Energy Solutions Ltd (EESL). The subsidiary specialises in the manufacturing of advanced chemistry battery cells. This announcement was made via a regulatory filing on Thursday. Exide Industries disclosed that the investment was made through a subscription to the […]

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National News

UPI Crosses 10 Bn Transactions In August 2023, Becomes Backbone of Digital Payments In India

The Unified Payments Interface (UPI) has revolutionised India’s digital payment ecosystem and played a pivotal role in driving financial inclusion by bringing millions of unbanked individuals into the formal financial system, said RBI Governor Shaktikanta Das here on Monday. The RBI Governor was delivering the keynote address at the Grand Finale of the G20 TechSprint […]

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News

AI Is Not The Problem, It’s The Enabler: Peyush Bansal

In the fast-paced world of business and technology, the term  “AI” (artificial intelligence) often takes center stage, promising revolutionary changes and groundbreaking innovations and how investors’ pitches are now saturated with the term “AI,” said Peyush Bansal, Co-founder and Chief Executive Officer, Lenskart at TiE Delhi-NCR India Internet Day 2023. “Technology is not the problem. […]

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Companies News

Jio AirFiber To Be Launched This Ganesh Chaturthi

Reliance Industries Chairman and Managing Director Mukesh Ambani on Monday announced that the company will launch Jio AirFiber this Ganesh Chaturthi (19 September). He was addressing its 46th Annual General Meeting of Reliance Industries. Reliance aims to tap the untapped segment with an addressable market of over 200 million Indian homes. What is Jio AirFiber: […]

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