Google’s Gemini Assistant May Soon Rock Out to Music From Any App!
Business Outreach Magazine
by Business Outreach
1d ago
In exciting news for Android users, it looks like Google’s voice AI Gemini is preparing to jam out to tunes from all your favorite music apps. According to a new report, the tech giant is working on expanding Gemini’s capabilities to play audio with just a voice command.  Gemini, available exclusively on Android devices, acts as a helpful on-device assistant that users can chat with through voice. While it can currently answer questions and perform tasks through natural conversations, music playback was limited to only YouTube Music.  However, eagle-eyed developers recently uncovere ..read more
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Hero Electric and Okinawa Autotech get clean chits from government committee in FAME violation case.
Business Outreach Magazine
by Business Outreach
1d ago
These companies are going to be regarded as the winners of a long process adhering to the strictest standards analysis. In previous, the Treasury officials would try to recover around INR 155 crore from Hero Electric, INR 125 crore from Okinawa, and INR 50 crore from Benling. Seeing the possible instances of breaking the law among the manufacturers, officials of the Indian government tried to look into the issue in 2022. The Ministry of heavy industries by its subcommittee also pronounced that Hero electric and Okinawa Autotech violated nothing of the FAME II Scheme’s phased manufacturing pro ..read more
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Weekly funding roundup April 20–26: Indian startups raised $172 million last week, ranging from Northern Arc to Dhruva Aerospace
Business Outreach Magazine
by Business Outreach
1d ago
Between April 22 and April 27, Indian startups raised a total of $172.6 million in 21 agreements. Fintech took the lead this week, with entrepreneurs in the area raising $88.5 million through three acquisitions. Seed funding increased by 29% this week to $33.9 million, up from $26.2 million last week. After two weeks of strong investment activity in the Indian startup ecosystem, financing stayed flat between April 22 and April 27. During the week, startups raised a total of $172.6 million across 21 agreements, a 33% decrease from the previous week’s $260.1 million secured over 31 deals. Inves ..read more
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Yes Bank’s Profits Soar Over 120%! Asset Quality Improves As Loan Growth Accelerates
Business Outreach Magazine
by Business Outreach
1d ago
Private banks including Yes Bank have been consistent performers in the fourth quarter as seen in the account data for the financial year 2023-24. In the Q4FY2014, the bank’s net profit surged 123% to INR. As we compare the 2019-2020, it is evident that the attention that has been given to education infrastructure was significantly lower than the previous year. So, the allocation of Rs. On the other hand, the budget is quite fragmented: 820 crore INR for the first half of the year, whereas last year’s budget amounted to 302 crores in the same period. It was this rock-solid growth in net incom ..read more
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Zomato Boss Deepinder Goyal Seals Massive Land Deal in Delhi Worth Rs. 79 Crores!
Business Outreach Magazine
by Business Outreach
1d ago
Deepinder Goyal, the founder and CEO of popular food delivery platform Zomato, has made one of the biggest land purchases in Delhi. According to a new report, Goyal bought a whopping 5 acres of land in the national capital for a staggering Rs. 79 crores.  The land is located in Delhi’s Dera Mandi area. The deal, closed in the financial year 2024, makes it the largest individual land transaction in Delhi. Data from real estate consulting firm Anarock revealed that while 29 land deals were closed in Delhi-NCR overall in FY2024, spanning 314 acres, Goyal’s 5-acre purchase was a standout. So ..read more
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Apple’s Sneaky Move to Dominate On-Device AI
Business Outreach Magazine
by User
2d ago
Have you ever wondered why your iPhone gets slower over time? Well, it’s not just because of software updates. The real culprit is AI. As phones get “smarter”, processing powerful AI takes a big toll on performance.  Until now, iPhones had to rely on distant cloud servers to handle complex AI tasks. This meant sending your sensitive data who-knows-where and waiting for responses. Not very private or speedy!  But Apple just pulled a sneaky move to change all that. They launched a new AI system called OpenELM that runs entirely on your device, without clouds. Sounds boring technical ..read more
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Capria Ventures closes its India Opportunity Fund after the Awign exit at INR 153 Cr.
Business Outreach Magazine
by User
2d ago
Japan-based Mynavi has bought the majority stake in Awign, offering exit to Capria Ventures and other investors.”The multiple on invested capital for Awign for our India Fund II is >7x,” said Surya Mantha, Managing Partner of Capria Ventures. Capria Ventures’ portfolio includes Betterplace Solutions, Masai School, and Cuemath, among others. Capria Ventures, a Betteplace Solutions sponsor, has announced the successful conclusion of financing for its India Opportunity Fund, which raised INR 153 crore. This comes after Capria Ventures announced a full-cash exit from one of its portfolio firms ..read more
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How Outdated Tech Is Holding back Modi’s Digital Dreams
Business Outreach Magazine
by User
2d ago
The Indian Prime Minister Narendra Modi wants to push the opposing variant of taking the domestic digital payments systems global. Despite ambitious objectives of major banks in India, their inefficient technology utilization may be referred to as their greatest obstacle to these goals. Modi, India’s PM wants to see digital finance become “a unique brand” of India. India has been luxuriously investing in digital services for the past few years so to say that only a few of Indians are now digital users would be wrong. Indians today use UPI for virtually all daily needs; starting from shopping ..read more
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Lyskraft, the Omnichannel Fashion Firm Founded by Mohit Gupta and Mukesh Bansal, Has Raised $26 Million in Initial Capital
Business Outreach Magazine
by User
2d ago
Former Zomato executive Gupta will lead the business as CEO, while Bansal will remain away from operations. The fashion firm will initially focus on offline play in the luxury women’s wear fashion market, before expanding into other lifestyle areas later. Mohit Gupta, a former Zomato executive, and Mukesh Bansal, the creator of Myntra, raised $26 million in initial funding for their omnichannel fashion business Lyskraft, making it one of the largest early-stage deals for an Indian startup amid the continuing funding constraint. Peak XV Partners, formerly Sequoia Capital India, led the round ..read more
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Online Kids Marketplace Wee Secures $2.7 Million to Expand in the Middle East
Business Outreach Magazine
by User
3d ago
A Dubai-based on-line today got a 2.7 million (AED10 million) funding for its company which intends to help grow its products through the middle east region. Wee, which is a company providing toys, clothes and other children’s products, has raised a capital. The investment came from Dubai’s venture capital firm Global Ventures. Would you like to delve into more information on this financing deal and the impact that it can have on Wee’s operations? In 2020, authorities set up a business to concentrate on the creation of the number one in the Middle East online shopping web-site preoccupied wit ..read more
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