Page 6 - Data Science For News Today

On a standalone basis, Lenskart has been profitable, and reported a net profit of Rs 138 crore in FY23, a 25-fold jump from the previous fiscal. Standalone operating revenue stood at Rs 2,375 crore.

For the full year as well, Noida-headquartered HCLTech added 1,537 employees from overall headcount of 225,944 in March end 2023. Similarly in FY23, HCLTechs headcount had shown an increase by 3,674 employees.

Ashutosh Sharma appointed by Prosus to lead investments in India and Southeast Asia. He will report to interim CEO Ervin Tu and focus on new investments and collaborations with portfolio firms like Swiggy.

Beijing Xinzhida Neurotechnology unveiled Neucyber, a BCI implant similar to Neuralinks tech. It enables a monkey to control a robotic arm with thoughts, marking Chinas entry into high-performance invasive BCI technology.

Founded by Manoj Gupta and Gunjali Kothari, Flashaid is working on exclusive tie-ups with insurance companies to tailor-make products and partner with e-commerce platforms and brands to distribute insurance to their users.

The regulator has cautioned users that it has not ordered them to return the cashbacks they earned from the company, but has asked the latter to return customer funds held in its wallets.

The act is a centrepiece of the EUs push to ensure it is not only a global leader in cutting greenhouse gas emissions, but also in manufacturing the clean tech required.

The report said the current AI user base of India stands at 724 million and is set to grow at 6% on year. These are users who have used any of the AI features, like image filters, personalised recommendations, and smart devices, till now.

Peak XV-backed startup Cred has been pushing its UPI payments feature aggressively. The fintech wants its customers to use the app to scan QR codes at premium retail outlets.

The Swedish company submitted a new version of its app to Apple with basic pricing and website information, which is a minimum requirement under the European Commissions ruling in its music streaming case, it said in a post on X on Wednesday.