🚀DeFi, Web 3, Tech enthusiasts, gather 'round! Meta's AI training plans have hit a snag! 🛑 They've paused their scheme to use European users' data due to pressure from the Irish DPC and other EU data protection authorities. 🇪🇺
🤔The GDPR compliance challenge is real, folks! Meta's grand idea to enhance their AI with user-generated content has been met with complaints of GDPR violations. The debate rages on - should users opt-in or be forced to opt-out of data processing? 🔄
😅Meta's "subtle" approach to informing users about policy changes has been criticized. Over 2 billion notifications sent, yet easily overlooked among standard notifications. No clear indication of choice to object or opt-out. 📬
🔭Meta's global engagement director expresses disappointment, fearing this could stifle European innovation and AI development. The company insists they're committed to transparency in AI training practices. 🌐
💭What's your take? Will this set a precedent for tech giants navigating user data for AI development within GDPR framework? Comment below! 🗣️ #DeFi #Web3 #TechNews
🎉Bengaluru's fintech unicorn slice just bagged $20M in debt funding from Neo Asset Management!💰 Part of a $30M round, the rest is expected soon.
🚀The funds will boost working capital and help slice maintain its growth and efficiency. But wait, there's more!
🤝Earlier this year, slice got the green light for a merger with North East Small Finance Bank. Pending final approval, this could grant slice a banking license, a major leap from its "buy now pay later" roots.
🔁Founded in 2016, slice has evolved from a BNPL service to offering UPI payments, consumer credit, and prepaid banking accounts. Valued at $1.5B, it's backed by big names like Tiger Global and Moore Strategic Ventures.
🎯The funding aligns with Neo Asset Management's focus on credit opportunities. As slice awaits final approval for its merger, it's set to leverage its new banking license to expand its financial services.
🤔What do you think this means for the fintech landscape? Share your thoughts below! #DeFi #Web3 #Technology
🚀💰 Musk's mega-compensation package gets the green light at Tesla's annual shareholder meeting! Musk, over the moon, shouts, "Hot damn, I love you guys!" 🥳
🔍 Musk's leadership has been under the microscope, with some shareholders worrying about his divided attention across multiple ventures. But hey, who said juggling was easy? 🤹♂️
🚩 Glass Lewis, a proxy advising firm, waved a red flag, fearing Musk's compensation would grant him too much power. But fans argue it's essential to keep Musk's eyes on the prize. 🏆
⚖️ Legal battles? Pfft! Despite initial hiccups, shareholders' renewed approval gives Musk even more control over the electric car titan. 🚗⚡
👀 All eyes on Musk now! How he'll use his newfound power is a million-dollar question. What do you think? Drop your thoughts below! 💭👇 #DeFi #Web3 #Technology
🚀🇮🇳 India's gov is sprinkling some funding magic on tech textile startups! Under the NTTM, 7 lucky startups are getting INR 50 Lakh each. Talk about a cash injection! 💉💰
This isn't just about money, it's about fostering innovation & sustainability in areas like smart textiles & meditech. 🧪🧵
The EPC of the NTTM is also giving INR 6.4 Cr to IIT Guwahati for a tech textiles upgrade. 🏛️💡
And the criteria to get in on this? Startups must be private limited companies, partnership firms, or LLPs with a turnover below INR 100 Cr. They should focus on innovating and enhancing existing products, with an emphasis on job creation. 🏢👩💼
The Ministry of Textiles will allocate 10% of the grant-in-aid to incubators, further supporting innovation in the sector. 🐣🔬
This move is all about boosting local manufacturing, positioning India as a hub for cutting-edge technical textiles, and empowering the next generation of textile innovators. 🇮🇳🚀
What do you think about this initiative? Will it weave a new future for Indian textiles? Comment below! 👇😉 #DeFi #Web3 #TechNews
🚀🌌 "ADB, the big daddy of Asian finance, is eyeing India's booming space sector like a kid in a candy store! VP Dasgupta spilled the beans, saying they're all in for projects that align with their SDGs.
🛰️🌏 ADB has dabbled in satellite projects before, but India's space sector? That's a new frontier! And why not? India's been a top borrower since 2010, so it's like lending money to your rich friend who always pays back.
📜🔓 Two months ago, India threw open the doors to foreign investment in spacetech. Now, with over 150 startups securing $285M in funding, it's like a gold rush in space!
👩🚀🚀 So, what's your take? Is this the final frontier for DeFi, Web 3, and Tech? Or just another bubble? Share your thoughts below! #SpaceTech #India #ADB"
🚀Ventureast, a venture capital firm, just sold a whopping 22.27 lakh shares of fintech SaaS company Zaggle. The deal, worth INR 67.26 crore, attracted big buyers like ICICI Prudential and ACM Global Fund.
👀Before the sale, Ventureast owned 3.64% of Zaggle. The timing is interesting, coming right after Equirus Securities gave Zaggle a 'LONG' rating with a price target of INR 400.
📈Zaggle is a big fish in the spends management market, projected to grow to INR 13,900 crore by FY27. After the transaction, Zaggle's shares rose 1.32% to INR 306.15.
🎉So, who's ready to ride the Zaggle wave? Share your thoughts below! #DeFi #Web3 #Technology
🚀BHIM app is stepping up its game! In a bold move to boost its market presence, BHIM is joining the Open Network for Digital Commerce (ONDC). 🛍️ Now, you can buy your groceries, fashion, and more directly through the ONDC platform. Take that Google Pay and PhonePe! 😎
📈This integration is expected to skyrocket BHIM's adoption. BHIM has been the underdog in UPI transactions, but not for long! 🐕
🔥The concentration of UPI transactions among a few players has raised eyebrows. But, the government is backing indigenous fintech solutions to level the playing field. 🏏
🌐Meanwhile, ONDC is on a roll, integrating big corporations and startups into its network. Even major ecommerce platforms like Flipkart and Amazon are considering ONDC storefronts. 🎉
💬What do you think about this move? Will BHIM give Google Pay and PhonePe a run for their money? Let's chat in the comments! 🎈#DeFi #Web3 #Technology
🎉Krutrim AI, India's first AI unicorn, is making waves!🌊 Launched its Android app, expanding the reach of its AI chatbot. Free access, multilingual support, and customization for Indian users - talk about convenience!📱
💡In a genius move, Krutrim also rolled out a public stack and AI cloud infrastructure for startups. Plus, a new maps API for hyperlocal businesses. Google Maps, watch out!🗺️
🚀Ola Electric, another venture by founder Bhavish Aggarwal, is set to integrate Ola Maps into its vehicles. Future is looking bright, folks!🌞
🤖Krutrim is not just about chatbots. They're planning to develop data centers, delve into server computing, edge computing, and manufacture AI-optimized silicon chips. Talk about ambition!💪
🦄Earlier this year, Krutrim hit unicorn status after securing $50M in funding. The Indian generative AI market is expected to grow from $1.1B in 2023 to over $17B by 2030. That's a whopping 48% CAGR!📈
Got thoughts on Krutrim's big moves? Drop them in the comments!👇 #DeFi #Web3 #TechNews
🚀Ventureast just cashed in big time, selling 22.27 lakh shares of fintech SaaS company Zaggle for a whopping INR 67.26 crore. ICICI Prudential, ACM Global Fund, Astorne Capital, and Tara Emerging Asia Liquid Fund were among the eager investors snapping up the shares.💰
😎Zaggle's stock is on a bull run, up 37% YTD. The company's net profit soared over 10x YoY to INR 15.2 crore in Q3 FY24. Operating revenue? Up 35.1% to INR 199.5 crore.💪
👀Keep an eye on this fintech powerhouse. With no significant competitors across its product segments, diverse revenue streams, and robust growth pipeline, Zaggle is set to dominate the rapidly expanding spend management solutions market.🔥
🎉Shares of Zaggle closed 1.32% higher at INR 306.15 on May 3, reflecting the market's optimism. Let's hear your thoughts in the comments! #DeFi #Web3 #Technology 🚀🌐💻
P.S. If this post isn't about DeFi, Web 3, or Technology, reply with "This post is irrelevant."
🚀🌟Breaking news: Astrologer Sahil Kohli crowned top astrologer in India for 2024! 🌟🚀 This cosmic guru is bridging the gap between ancient wisdom and modern life, empowering individuals on their journey of self-discovery. 🧘♂️💫
His secret sauce? A fusion of age-old astrological traditions with cutting-edge methodologies, making his guidance accessible to a broad audience. 🌐🔮
So, what do you think about astrology? Is it a bunch of hocus pocus or a valuable tool for personal growth? 🤔💭 Let's discuss in the comments! And don't forget to check out the full list of top 10 astrologers in India for 2024! 🌠🔝
🚀💃 Ladies, it's time to celebrate! 🎉 India's Finance Minister, Nirmala Sitharaman, says more women are not only running startups but also filling positions on company boards. In 2018, only 13.8% of women reached company boards, but now it's 18.3%! 😲
👩💼🦄 Among 111 Indian unicorns, 20 are women-led startups! Talk about #GirlPower! 💪 The government is supporting women entrepreneurs with policies like Stand Up India Scheme & PM Mudra Scheme, where 80% & 70% of funds are directed towards women, respectively. 🙌
🛍️ The Public Procurement Policy mandates the government to procure at least 3% of its annual purchases from women-owned businesses. Swiggy's 'She The Change' initiative also celebrates women's entrepreneurship, hosting 50,000 women-run restaurants on its platform! 🍽️
📈 Despite a net loss, Swiggy's operating revenue jumped over 40% thanks to scaling up services like Swiggy Instamart, Swiggy Genie, and Minis store. 🛒
👇 Share your thoughts on this amazing progress for women in the comments! Let's keep the conversation going! 💬🎊
🚀🇮🇳 India's IRDAI says "Insurance for all by 2047" with Bima Sugam, the new online insurance marketplace! 💻🛡️
🌐 Bima Sugam aims to be a one-stop solution for all insurance stakeholders, promoting transparency and efficiency. Say goodbye to confusing policies and hello to a more accessible insurance world! 🤝🌟
😢 Insurance penetration in India dropped to 4% in FY23, but Bima Sugam plans to change that. Get ready for more affordable and accessible insurance products coming your way! 💸📈
🏛️ Bima Sugam will be a not-for-profit company, ensuring no single entity has control. The IRDAI will appoint two board members to keep things in check. Talk about good governance! 👏👩💼
🚀 Insurtech industry, buckle up! Bima Sugam is expected to boost the sector and encourage new-age insurance players. 🤖🌐
Thoughts on Bima Sugam? Share your opinions in the comments! Let's chat! 💬🎉
🚀Infibeam Avenues' UAE-based baby, Avenues World FZ-LLC, is gearing up for a pre-IPO round, aiming to raise a cool $25 million! 💰Get ready for some action on the UAE capital market, folks! 🌐
🔍Vavian International Limited, a sibling of Infibeam Avenues, will still hold a 75% stake in Avenues World FZ-LLC after the fundraise. 📊No funny business here, as this deal doesn't fall under related party transactions. 🚫
🤖Avenues World FZ-LLC is a fintech champ, offering multi-currency payment gateways, B2Biz payments, and more. 🌍Infibeam Avenues, the proud parent, is a digital payment solutions provider with over 10 million merchants on its platform. 🛍️
💹Infibeam Avenues' shares are in the spotlight, so keep an eye on them! 👀What do you think about this pre-IPO round? Share your thoughts in the comments! 💬👇
🚀Adtech startup AdOnMo raises a whopping $6.99M in Series B1 funding!💰Ravindranath Kancherla & son, Qatar Insurance Company, and ZNL Growth join the party.🥳
💼AdOnMo's outdoor advertising solutions are on fire, with revenue surging 4X to INR 75 crore in FY23!🔥
🌐The company plans to use the fresh capital to expand its business operations and meet working capital requirements.📈
🍽️Fun fact: Foodtech giant Zomato invested $15M in AdOnMo in 2022, acquiring a 19.8% stake.🍔
🇮🇳India's Out-of-Home (OOH) advertising market is booming, with ad spending expected to reach $589.7M in 2024.🌟
What do you think about AdOnMo's growth? Share your thoughts in the comments!👇 #DeFi #Web3 #Technology
🚀Trust Fintech's IPO goes 3.02X oversubscribed on Day 1! 🤯 Retail investors are all over it, oversubscribing their portion by 5.33X! 💰 Non-institutional investors join the party too, subscribing 2.72X of their quota. 🎉 But wait, no takers for qualified institutional buyers? 🤔
💡Trust Fintech plans to use the funds for a new development facility, upgrading IT infrastructure, enhancing products, and expanding globally. 🌐
🎯IPO closes on March 28, so don't miss out! 📅
What are your thoughts on this IPO frenzy? Share your opinions in the comments! 👇 #TrustFintech #IPO #Investing
🍔🚀BurgerGPT: India's burger revolution led by culinary maestro Pavas Ahuja! This chef-turned-visionary is flipping the script on traditional cuisine, creating a burger experience that's taking Chandigarh by storm! 🌩️
🎨🍴Crafting perfect burgers with innovative recipes, top-notch ingredients, and meticulous attention to detail, BurgerGPT is not just a meal, it's a mouthwatering experience! 😋
📈💡From one outlet to a growing empire, BurgerGPT is on a mission to redefine India's burger scene and become a national sensation! 🇮🇳🍔
🤔💬 What's your fave burger joint? Share your thoughts in the comments! #BurgerGPT #CulinaryRevolution
🏏🎉 Dream11, the fantasy gaming unicorn, hit it out of the park on IPL's opening day, adding 1.1M new users & 15.01M concurrent users! 🚀 Talk about a smashing debut! 😂
Cricket enthusiasts, rejoice! 🥳 Dream11's TATA IPL fantasy cricket league lets you flex your cricket knowledge & strategic thinking for rewards. 🧠💰 No wonder it's so popular!
But wait, there's more! Dream11 has partnered with 8 IPL teams, boosting its visibility & appeal. 🤝🌟 Last year, they added 55M users, including more women & folks from Tier I & II cities. 📈
However, Dream11 faces regulatory challenges, like a show cause notice from DGGI on its taxation practices. 📑🧐 But they're still going strong, with a 32% net profit increase & 66% rise in operating revenue in FY 2022-2023. 💪💼
So, what do you think of Dream11's IPL debut & future prospects? 🤔 Share your thoughts in the comments! 🗨️ Let's get the conversation going! 🎤 #Dream11 #IPL2024 #FantasyCricket
🚗💨 Spinny, the pre-owned car marketplace, is revving up its Employee Stock Ownership Plan (ESOP) by adding a whopping 23.7M options! 📈 That's a total of 178M options, pending shareholder approval. 🎉
Why? To attract, retain, and motivate employees, of course! 🌟 Spinny wants its peeps to share in the company's future success and feel a sense of ownership. 🤝
Based on their valuation in July 2023, the total ESOP pool is worth around INR 936.9 crore. 🤑 Not too shabby, eh?
Spinny's been on a roll since 2015, operating 36 car hubs across 22 Indian cities, and raising over $500M to date. 🌆🚀
But the competition is fierce! 🥊 Spinny's up against Cars24, Droom, CarDekho, and CarTrade. The ESOP expansion shows they're serious about using employee motivation to stay ahead. 🏆
What do you think about Spinny's move? 🤔 Share your thoughts in the comments! 💬 #DeFi #Web3 #Technology
🚀💸 Alphatron Capital, formerly SMK Ventures, just closed its maiden fund at a whopping $30M, 20% oversubscribed! 🎉
🌉 Acting as a gateway for US investors, Alphatron aims to provide access to Indian tech companies while minimizing entry barriers. 🇮🇳🇺🇸
🎯 Focusing on sectors like SaaS, fintech, healthtech, AI/ML, digital content, and D2C businesses, Alphatron sees huge growth opportunities in the Indian economy. 📈
🔍 With thorough due diligence, they've already invested in 11 funds and made five SPV/co-investments. 💼
🌱 This comes as VC and PE firms continue to raise capital despite funding challenges. 💪
What do you think about Alphatron's investment strategy? 🤔 Share your thoughts in the comments! 👇 #DeFi #Web3 #Technology
🦄🎧 Hold onto your headphones, folks! Pocket FM is about to join the unicorn club, thanks to a fresh $103M cash injection from Abu Dhabi Investment Authority. 🚀💰
This audio entertainment platform is expanding its empire, eyeing the US, Europe, and Latin America. 🌎🎯 More funds = more content & a solid IP playbook for writers. 📚✍️
Since 2018, Pocket FM has grown like crazy, boasting 1 lakh hours of content & $150M ARR. 📈🤯 In the US alone, they've raked in over $100M ARR. 💸🇺🇸
Investors are lining up to join the party, impressed by Pocket FM's sustainable growth & strong financials. 🥳💼
Their secret sauce? Blockbuster content like "Insta Millionaire" & "Saving Nora." 🎬🍿 15 of their audio series have even crossed the $1M revenue mark! 💥💰
With a 56% YoY loss decrease & a 663% YoY operating revenue surge, Pocket FM is on a roll. 📊🔥
What do you think about Pocket FM's unicorn dreams? 🦄💭 Let's chat in the comments! 👇 #DeFi #Web3 #Technology
Εξερευνήστε τα τελευταία νέα για τα κρύπτο
⚡️ Συμμετέχετε στις πιο πρόσφατες συζητήσεις για τα κρύπτο
💬 Αλληλεπιδράστε με τους αγαπημένους σας δημιουργούς