Google opens access to Bard🤖, BharatPe acquires Trillion loans💸, Smartphone exports 📱
Google opens access to Bard🤖, BharatPe acquires Trillion loans💸, Smartphone exports 📱
Google begins opening access to Bard, BharatPe acquires Trillion loans, Smartphone exports top, Funding Deals and more.
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Google begins opening access to ChatGPT competitor Bard🤖
Alphabet Inc's Google has already started open access to its chatbot Bard to catch up to Microsoft Corp which has had the edge over the search giant in the artificial intelligence race so far.
Users can sign up to try Bard at bard.google.com and the company said it will begin rolling out access in the U.S. and U.K from Tuesday onwards and will expand over time to more countries and languages.
Google said Bard is a direct interface to a large language model (LLM), and it views it as a complementary experience to Google Search.
BharatPe acquires NBFC Trillion loans💸
BharatPe has acquired a majority stake in Trillionloans Fintech, a Mumbai-based non-banking financial company.
The Delhi-based fintech company, which currently has former SBI chairman Rajnish Kumar at its helm, has secured approval from the RBI to buy out 51% of Trillionloans.
Trillionloans Fintech is owned by Achal Mittal and Gautam Adukia. Both Mittal and Adukia also own a popular P2P (peer-to-peer) NBFC Liquiloans.
Hot Shorts⚡
Self-drive car rentals platform, IndusGo bagged funding of Rs 100 crore from the parent company, Indus Motors.
Noida-based SaaS platform for hostels, Fretbox has raised a Pre-Seed of Rs 10 million funding round led by JSS STEP and India Accelerator, with participation from a group of angel investors.
Contract execution SaaS platform Doqfy has raised Rs 7.5 crore in a Pre Series A round led by Turbostart and Pentathlon VC.
Content-to-commerce platform The Good Glamm Group has acquired video commerce company Bulbul in a bid to deepen the understanding of the creator ecosystem.
Smartphone exports top $2 billion in first two months of 2023📱
India’s mobile phone exports crossed $2 billion (over Rs 16,500 crore) in the first two months of 2023, driven mainly by Apple and Samsung.
The total export value has surged to over $9 billion since April 2022, as manufacturers stepped up production and outward shipments.
Smartphone exports in the April 2022-February 2023 period doubled from the corresponding period a year ago when exports hovered around $4.5 billion.
India is expected to manufacture around Rs 3.3 lakh crore ($40 billion) worth of smartphones in the current fiscal, up 20% on-year.
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