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🇮🇳India

Startups·16h ago

Delhi High Court directs e-Committee to review technology in district courts

The Delhi High Court has directed its e-Committee to undertake a comprehensive review of technology implementation within the district courts. This directive specifically targets issues related to e-inspection, the provision of e-true copies, and other technological advancements aimed at modernizing judicial processes. The court emphasized the need for timely action to address any shortcomings and enhance the efficiency of the legal system. This move reflects a broader push within India's judiciary to leverage digital tools for improved accessibility and transparency in court proceedings. The review is expected to identify areas for improvement and guide future technology adoption strategies.

via The News MillRead →

🇮🇳India

Startups·16h ago

Gujarat Police turns to startups, students for solutions to emerging cyber threats

🇻🇳Vietnam

Startups·19h ago

Bengaluru-Mangaluru Vande Bharat: Sakleshpur Ghat Trials Successful, Service Expected To Begin Soon

🇮🇳India

Startups·1d ago

Razorpay Launches AI Model for Payments Built With NVIDIA and AWS

Razorpay, an Indian fintech major, has launched Vulcan, an AI foundation model designed to enhance payment success rates and bolster fraud detection across its network. The model was trained on nearly three trillion data points from four billion payments, leveraging NVIDIA GPUs for processing and Amazon Web Services (AWS) for development and deployment. Vulcan consolidates various functions like routing, risk assessment, and checkout personalization under a single intelligence layer, moving away from disparate machine learning models. Early implementations have already shown significant improvements, including an 8-10% rise in payment success rates and enhanced fraud detection capabilities for customers such as Blinkit and redBus.

via Fintech News SingaporeRead →

🇸🇬Singapore

Startups·1d ago

India’s top court orders inquiry into student protest crackdown

India's Supreme Court has mandated an independent inquiry into the alleged crackdown on student protests. This decision follows widespread concerns regarding the handling of demonstrations and the use of force against students. A five-member committee, led by a retired Supreme Court judge, has been established to investigate the incidents thoroughly. The committee's formation signals a significant step towards addressing grievances and ensuring accountability in the treatment of student activists. This development is expected to bring greater scrutiny to police conduct and protest management within the country.

via The Business TimesRead →

🇨🇳China

Startups·1d ago

Math Magic Closes Series A+, Raising Nearly $50 Million Across Two Rounds in Six Months

Math Magic, an AI creation company, recently closed its Series A+ funding round, bringing its total capital raised to nearly $50 million across two rounds in six months. Both rounds saw lead investment from BAI Capital and HyT Capital, with additional participation from V Fund and existing investors. The Beijing-based company also launched Hi3D V3.0, an advanced AI 3D model, and is preparing for the global expansion of Builda, its AI-powered creative community for personalized physical products. This new capital will primarily fuel continued investment in Math Magic's core AI 3D technology, product development, and the manufacturing and fulfillment infrastructure necessary to scale its "generation-to-delivery" model worldwide. The company aims to differentiate itself by combining high-precision AI 3D model technology with robust physical production capabilities, moving beyond just model development to actual product delivery.

via Pr Newswire ApacRead →

🇻🇳Vietnam

Startups·1d ago

Quang Ninh pledges to facilitate Mexican investment

Quang Ninh province in Vietnam is actively seeking to strengthen its economic ties with Mexico, particularly by attracting Mexican investment. The province is focusing on key sectors such as tourism, processing and manufacturing, science and technology, education and training, and healthcare. This initiative aims to foster greater cooperation between Quang Ninh and various Mexican localities, organizations, and businesses. The move is part of a broader effort to enhance bilateral relations, which also includes stepping up cooperation between the Vietnam News Agency and the Mexican Labour Party, as well as increasing theoretical exchanges and personnel training. Both nations are also looking to enhance the exchange of legislative experience, signaling a comprehensive approach to deepening their partnership.

via Vietnam+Read →

🇯🇵Japan

Startups·2d ago

‘My heart sank’: Abrupt closure of Korea Artiz Studio leaves engaged couples in limbo

Engaged couples in Singapore have been left in a difficult situation following the abrupt closure of Korea Artiz Studio, a photography business specializing in wedding services. The Consumers Association of Singapore (CASE) has received 66 complaints regarding the company’s sudden cessation of operations. These complaints collectively represent pre-payment losses exceeding S$271,000, impacting numerous individuals who had paid for services that will now not be rendered. The closure highlights the risks associated with pre-payment models in the service industry and the vulnerability of consumers when businesses fail unexpectedly. Affected customers are now seeking recourse and exploring their options for recovering their lost funds.

via Channel NewsasiaRead →

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