Digital India's Boost🚀, iPhone 15 Sparks✨
Digital India's Boost🚀, iPhone 15 Sparks✨
Digital India's 14.9k Cr Boost, iPhone 15 Buzz, EVs Spark 'Charge' Refund—Catch the Buzz in today's R&S Edition! 🚀📱⚡
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Tech Updates
Cabinet approves outlay of Rs 14,903 crore to expand Digital India
The Union Cabinet approved the extension of the Digital India scheme for a period of five years till 2025-26 with an outlay of Rs 14,903 crore, electronics, and information technology Ashwini Vaishnaw announced on Wednesday.
Foxconn's Tamil Nadu plant begins production of iPhone 15
The move aligns with Foxconn’s multiyear project to diversify its manufacturing away from China and simultaneously increase the volume of new iPhones coming from India.
Smartwatch firms in a give-no-quarter price war for growth, market share
As the competition for supremacy in India's smartwatch market intensifies, homegrown startups like Noise, Boat, Fire-Boltt, and Boult Audio are engaging in a fierce price battle to gain a stronger foothold. This is reminiscent of online smartphone sales from a few years ago, where a similar dynamic played out.
EV two-wheeler companies refund charger costs to buyers
Electric two-wheeler companies Ola Electric, Ather Energy, TVS Motor and Hero MotoCorp have coughed up around Rs 10 crore out of the over Rs 300 crore they owe to consumers for charging them for off-board costs.
InMobi acquires Quantcast Choice to manage consent for publishers
Marketing technologies provider InMobi announced the acquisition of Quantcast Choice, a consent management platform designed to help publishers align with global privacy regulations. This comes on the heels of India enacting its first privacy legislation, the Digital Personal Data Protection (DPDP) Act.
New York City bans TikTok on govt devices over security concerns
New York City on Wednesday joined a wave of states and federal agencies in banning TikTok from government-owned devices based on security concerns, snuffing out some popular city-run TikTok accounts in the process.
Funding Deals
Privacy solutions provider for generative AI space, DynamoFL, has raised $15.1 million as a part of a fresh funding round, co-led by existing investors Nexus Venture Partners and Canapi Ventures.
Fintech startup Vegapay, a digital lending and card management platform, has raised $1.1 million in a pre-seed funding round led by Eximius Ventures.
Nazara Technologies announced that it will invest up to $500,000 (about Rs 4.15 crore) in Israel-based gaming startup Snax Games.
Tweet of the day🐥
“Don't fear failure. Not failure, but low aim, is the crime. In great attempts it is glorious even to fail.”
- Bruce Lee
🚀 That's a wrap for today's tech rollercoaster! Hope your day's charged up!
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Until then, stay geeky, stay curious, and remember, the future's just a click away! 🌟🔌
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