Ai based startups in india

In his book, The Golden Tap, serial entrepreneur Kashyap Deorah had described how Lee Fixel, a former partner with Tiger Global, used to filter potential startups on the basis of the founders' caste and JEE (advanced) ranks. Only candidates with high JEE (joint entrance examination) ranks make it to India’s premier technical institutes -- the central-government owned Indian Institutes of Technology, commonly known as IITs. “Fixel preferred North Indian Marwari banias with single or double-digit JEE ranks who were young and first-time entrepreneurs. An analysis had probably revealed that such entrepreneurs were the best performers in the companies Tiger liked funding,” Deorah had written. Fixel had led negotiations for funding rounds for Tiger Global in unicorns like Flipkart and Ola, which were among the New York-based hedge fund’s largest bets in India. Both the companies best fit Deorah’s description as Sachin and Binny Bansal, founders of Flipkart, come from IIT Delhi, … [Read more...] about 73 of India’s 100 unicorns have at least one founder from IIT

Share to Twitter Share to Linkedin The IPO of Campus Activewear, which sells more shoes than the likes of Nike and Adidas in India, propels its founder into the billionaires club. I n a volatile week for its stock market, India has minted a new billionaire. Hari Krishan Agarwal , 66, founder of Delhi-based Campus Activewear , entered the three-comma club after the stellar IPO of his sports shoes company. Shares of Campus Activewear listed at a handsome 23% premium to the IPO price. Agarwal’s 74% stake is now worth around $1 billion. The $9 billion Indian footwear industry has spawned three billionaires in recent years. Delhi-based brothers Mukand Lal Dua and Ramesh Kumar Dua, who run the $350 million (revenue) Relaxo Footwear, which sells everything from casual sandals to formal shoes; and Rafique Malik , who took his $107 million (revenue), Mumbai-based Metro Brands public only last December. (Though Metro listed at a 13% discount). … [Read more...] about Selling Sports Shoes For Under $10 Turned This Shoemaker Into India’s Newest Billionaire

Representative image A World Health Organisation (WHO) report on excess COVID-19 mortality has estimated 4.74 million deaths for India in 2020 and 2021, nearly 10 times higher than the country’s official coronavirus toll of 4.84 lakh during the two years. India, according to the report, had the highest excess COVID-19 deaths, followed by Russia and Indonesia. Globally, the world health body has estimated that almost three times more people have died of COVID-19 than the official data. As per the UN body, there were 14.9 million excess deaths associated with COVID-19 by the end of 2021. The official count of deaths directly attributable to COVID-19 and reported to WHO in that period, from January 2020 to the end of December 2021, is slightly more than 5.4 million. In other words, the estimated toll is 9.5 million higher than the confirmed fatalities by countries. Close COVID-19 Vaccine Frequently Asked Questions View more How does a vaccine … [Read more...] about WHO estimates 4.74 mn COVID-19 deaths in India in 2020, 2021; nearly 10 times the official toll

SII CEO Adar Poonawalla. | Illustration: MoneyControl Coronavirus vaccine Covovax is now available for children in India, Serum Institute of India's CEO Adar Poonawalla said on May 3. Covovax is the only vaccine manufactured in India that is also sold in Europe and has an efficacy of over 90 percent, Poonawalla said while making the announcement on Twitter. Covovax ( @Novavax ), is now available for children in India. This is the only vaccine manufactured in India that is also sold in Europe and has an efficacy of > 90%. This is in line with Shri @narendramodi Ji's vision of providing yet another vaccine to protect our children. pic.twitter.com/QUm7sZyOfi — Adar Poonawalla (@adarpoonawalla) May 3, 2022 The announcement comes days after the National Technical Advisory Group on Immunisation (NTAGI) on April 29 recommended Covovax for use in 12-17-year-olds in India. This is the Indian version of the COVID-19 vaccine, manufactured by the US-based Novavax. … [Read more...] about COVID-19 Vaccination India | Covovax is now available for children aged 12-17 years: Adar Poonawalla

Representative image (Source: Reuters) The calculation of deaths due to Covid-19 in India is “quite complex” and there are “no definite answers”, former Indian Council of Medical Research (ICMR) scientist Dr Raman Gangakhedkar told News18.com, responding to the latest data released by the World Health Organization (WHO), which claims that Covid could have killed as many as 47.4 lakh people in India in 2020-21. The figure, disputed by the Indian government, is nearly 10 times the country’s official Covid death toll of 4.81 lakh at the end of 2021. The epidemiologist, who was the face of the country’s apex medical research agency during government briefings on Covid-19 last year, said when a modelling exercise is done, certain assumptions have to be used when data is not available. “India is a large country with a population over 134 crore. Here, health infrastructure, quality and timelines of data reporting vary between states. Use of one assumption for all states may not … [Read more...] about Calculation of India’s Covid deaths complex, modelling changes can affect numbers: Ex-ICMR Scientist

Union Health Minister Mansukh Mandaviya India records its deaths due to Covid through a transparent and legal process and does not agree to the WHO's estimate of Covid mortality for the country, Union Health Minister Mansukh Mandaviya said on Saturday. He also said the 14th Conference of Central Council of Health & Family Welfare (CCHFW) passed a resolution in this regard. The resolution was passed on the second day of the three-day CCHFW –'Swasthya Chintab Shivir', which concluded here on Saturday. Mandaviya said the registration of births and deaths in the country is extremely robust and is governed by the decades-old statutory legal framework the Births and Deaths Registration Act, 1969. "On the 2nd day of the conference of the CCHFW yesterday we have passed a resolution that we do not agree to the WHO's estimate of Covid mortality for India," he said, referring to the WHO estimate of 4.7 million Covid-related deaths in India. "India records its deaths through a … [Read more...] about India doesn’t agree to WHO’s estimate of COVID-19 deaths: Mansukh Mandaviya

A patient suffering from COVID-19 (Image: Reuters) India reported 3,805 new coronavirus infections in a day, pushing the number of active cases of the disease in the country to 20,303 and the overall tally to 4,30,98,743, according to Union Health Ministry data updated on Saturday. The data released at 8 am also showed that 22 fatalities — 20 of them from Kerala alone — were reported in a 24-hour period, taking the cumulative death toll to 5,24,024. The active cases now constitute 0.05 per cent of the total infections, the health ministry said, adding that the country's COVID-19 recovery rate is at 98.74 per cent. The daily positivity rate was recorded at 0.78 per cent and the weekly positivity rate at 0.79 per cent, the ministry said. A total of 84.03 crore Covid tests have been conducted so far, including 4,87,544 a day ago. An increase of 615 cases has been recorded in the active COVID-19 caseload, which now stands at 20,303. The number of people who have recuperated … [Read more...] about India reports 3,805 fresh COVID-19 cases, 22 fatalities in last 24 hours

Share to Twitter Share to Linkedin This week’s Current Climate , which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. T hanks to all you loyal readers of the Current Climate newsletter. This week, we’re starting some changes to the format in an effort to bring you some more focused news on the business of sustainability. To that end, we’re introducing some new sections to the newsletter, including one that focuses on venture funding, M&A, contracts and other deals happening in the industry. I’m also pleased to announce that my colleague, Alan Ohnsman , is joining me as a co-writer of the newsletter. Alan will be bringing news to you every week about the world of green transportation, from electric cars to the hydrogen economy. Let us know what you think about the changes, and what other types of news you might be interested in knowing about. But without … [Read more...] about AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China Sales

Representative image (AFP) The National Technical Advisory Group on Immunisation (NTAGI) on April 29 recommended Covovax for use in 12-17-year-olds in India. This is the Indian version of the COVID-19 vaccine, manufactured by the the US based Novavax. According to the details, the Novavax had shown an efficacy of over 90 percent in the phase 3 clinical trials and is being produced in the Serum Institute of India. ALSO READ: Covaxin approved for restricted emergency use in children aged 6-12 years Until now, only Covaxin by Bharat Biotech is being offered for the 15-17 year age group while kids in the 12-14 year age group can avail Corbevax by Biological E. Close COVID-19 Vaccine Frequently Asked Questions View more How does a vaccine work? A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put … [Read more...] about COVID-19 update | NTAGI recommends Covovax for use in 12-17-year-olds in India

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Tata Motors has launched a long-range version of the Nexon EV in the Indian market on May 11 called the Nexon EV Max which is top of the line among subcompact sport utility vehicles ( SUV s). Experience EVs at their MAX with the new Nexon EV MAX. India’s best-selling EV now is even more electrifying with enhanced range, safety, performance and luxury to give a truly MAX experience. Book Now - https://t.co/M6PyRjs3oz #NexonEVMAX #MovesYouToTheMAX pic.twitter.com/kg8qkn4JIn — Tata Passenger Electric Mobility Limited (@Tatamotorsev) May 11, 2022 Close The new upgraded electric vehicle (EV) has a larger battery pack and longer range. The Nexon EV Max will have a 40.5 kWh battery pack, up from 30.3 kWh for the existing model Nexon EV. The real-world range … [Read more...] about Tata Motors unveils subcompact sport utility vehicle Nexon EV Max in India: Here are the key features & highlights