PhonePe targets to cover 25 million small merchants

India’s leading digital payment platform, PhonePe, has set the target of covering over 25 million small merchants across India in the next one year. The company will mainly onboard kiranas on its PhonePe for Business app, offering them end-to-end control of the payment process including instant payment confirmations, receipts and reconciliations.    “Despite the rapid penetration of digital payments, kiranas across India still rely on cash. Kirana owners have smartphones, data and the aspiration to adopt newer technology, but there are no services that match their aspirations. Kiranas are looking to acquire…

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Spoton to align with AI-based video analytics

Spoton Logistics, India’s technology & engineering driven express logistics company, is deploying AI-based Video Analytics solutions in one of its largest hubs in a bid to significantly improve performance and give a boost to operational excellence. The AI-based system adds intelligence to the CCTV camera by analyzing video feed, identifying abnormal events, and sending automated alerts in real-time. “Over the years, the installation of cameras at logistics hubs and the use of digital technology has helped Spoton Logistics collect data at every checkpoint and provide end-to-end real-time visibility to all…

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Tech Startup launches anti-Covid garment

Indian Tech Startup Muse Nanobots has launched a nanotech coating for textiles that can inactivate the Coronavirus within five minutes of contact. As the economy begins to open up after months of lockdown, Muse nano-coated textiles can offer enhanced protection for common people to travel and will provide great safety to frontline healthcare, hospital, hotels and restaurant workers. Muse Nanobots conducted a study with the U.S.-based Situ Biosciences, an ISO 170205-accredited, independent product test laboratory in Chicago, which specializes in providing microbial product testing. The Study, conducted to understand the effectiveness of Muse…

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MediaTek unveils new chip for premium 4G gaming

MediaTek has introduced its most powerful smartphone gaming-focused chip, the MediaTek Helio G95. The latest addition to the MediaTek Helio G Series family features enhanced MediaTek HyperEngine game technology, multi-camera support, unrivalled connectivity, and AI Super Resolution for video streams. Aimed at the premium 4G gaming smartphone segment, the new chip will power major smartphone brands that will hit global markets in September. MediaTek Helio G95 offers gaming enthusiasts faster performance and high-end features like advanced multi-camera photography – up to 4 cameras, with an inbuilt AI processing unit (APU). It provides dual wake-up…

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Locus listed as a Sample Vendor in Gartner Hype Cycle

Locus, a global B2B SaaS company that automates human decisions in logistics, has been recognised in Gartner’s “Hype Cycle for Transportation Industry, 2020” as a Sample Vendor within the Last-Mile Delivery Solutions category. Gartner is a leading research and advisory company. “These solutions are adaptations of traditional routing and scheduling, wherein a route could be replanned and a dispatcher would control the process. Many of these solutions use AI and machine learning to speed up the optimization process and predict occurrences and impacts based on real-time information,” said Gartner in…

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Blue Dart uses predictive logistics platform for Rakhi deliveries

With many people unable to travel to their homes due to lockdowns and many missing out on the celebrations while adhering to social distancing, Raksha Bandhan in the times of COVID-19 was way different this year. But express logistics major Blue Dart has claimed leveraging FarEye’s leading predictive logistics platform which resulted in timely, seamless, and contactless deliveries across the nation on the occasion of the popular festival. Rakhi packages constituted 11-12% of Blue Dart’s total retail store shipments. Using FarEye’s technology platform, Blue Dart made Rakhi deliveries all across…

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Singularity launches SecurePass for contactless entry

Bangalore based Singularity Automation has launched SecurePass which offers app based access control system for any facility. It is a state of the art technology to help companies achieve operational efficiency through effective usage of IoT. The company is credited with launching Smartphone based BLE technology driven IoT products such as Smart Locks in the past. “SecurePass is the security brand owned by Singularity Automation and provides a full stack access control system wherein the employees can use their smartphone to access any facility thus making it contactless compared to…

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MediaTek-Intel to bring 5G enabled next gen PCs

MediaTek has announced advances in its collaboration with Intel to bring 5G experiences to next-generation PCs with the successful development and certification of its 5G modem data card. MediaTek’s T700 5G modem, which will be used to bring 5G connectivity to Intel-powered PCs, completed 5G standalone (SA) calls in real world test scenarios. Additionally, Intel has progressed on system integration, validation and developing platform optimizations for a superior user experience and is readying co-engineering support for its OEM partners. MediaTek and Intel are both committed to delivering a superior user experience.…

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Craft Silicon- PayU announce strategic association to advance digital loan repayment

Craft Silicon, world’s prominent financial software solution provider has announced a strategic association with PayU, India’s leading online payment solutions provider – to innovate and accelerate digital loan repayment solutions for Small Finance Banks, Micro-Lending institutions and NBFCs. As a result of this association, NBFCs, MFIs and Small Finance Institutions can now offer their customers easy loan repayment solutions on their own mobile applications or through consumer apps of their choice.   Through Bharat Bill Payment System (BBPS) and payment gateway integration with PayU, Craft Silicon has enabled loan repayment in…

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Muse Wearables raises $3 million, to help in detecting Covid-19

Next Generation Indian Technology Startup Muse Wearables has raised funds to the tune of US$ 3 Million (Rs. 22 crore Approx) which will enable it to launch a new wearable tracker by August 2020, which has the potential to detect Covid-19 a few days before the symptoms appear. This round of funding has come from their existing investors and new investors led by Dr. Bhaskar Rao Bollineni, Managing Director of Kims hospitals. Previously, Muse Wearables had raised Rs. 6.85 crore from Keiretsu Forum, Lead Angels and other HNIs including noted Film Director Mr.…

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