Author: Angel City Editorial Team

Reliance Jio has launched a new tracking device called the JioTag Air. It is the successor to last year’s JioTag and comes with a host of new features. Unlike the JioTag which only worked with the JioThings app, the JioTag Air is also compatible with Apple’s Find My feature. Here are the details:Features of JioTag AirJioTag Air is a sophisticated asset tracking tool that helps you locate and track valuable items that are easily misplaced or lost, such as keys, ID cards, wallets, handbags, luggage, pets, etc. It works on both iOS and Android devices. It is compatible with iPhones…

Nikunj Ohri and Sarita Chaganty SinghNEW DELHI (Reuters) – India’s struggling Paytm has received approval from a government committee that monitors China-related investments to invest 500 crore rupees ($6 million) in a key subsidiary, according to three sources with direct knowledge of the matter.The approval, which has yet to be reviewed by the Ministry of Finance, removes the biggest obstacle to Paytm’s Payment Services unit resuming normal operations.Paytm payments services is one of the largest remaining divisions of the fintech company’s business, accounting for a quarter of its consolidated revenue for the fiscal year ending March 2023.Another unit, Paytm Payments…

The Futures and Options Working Committee has proposed several measures to curb the surge in derivatives trading volumes. According to a Moneycontrol report, the key suggestions include increasing the minimum lot size for derivatives contracts from Rs 500,000 to a range of Rs 2-3 million, restricting weekly options to one expiry date per week per stock exchange, and reducing the number of strike prices for option contracts. These changes are aimed at addressing excessive speculation in the derivatives market, sources told Moneycontrol.The Securities and Exchange Board of India (SEBI) had announced last month that it had set up the committee…

Solo founder Cat Jones decided to launch a travel business around the time the pandemic hit Europe in March 2020. Fast forward to the summer of 2024, and her curated package tour business, Byway, is announcing the closing of an oversubscribed Series A round of funding of £5.04 million (about $6.4 million at current exchange rates). Jones is a firm believer that slower, more sustainable travel — skipping planes and travelling by land (and sea) by train, bus and ferry, with the selling point being that vacationers can avoid crowds and enjoy the scenery in secluded places — is thriving.…

According to the Lviv Regional Government report, the team “Feel Touch” from Novoyavolovsk Vocational School won a bronze medal at the Gen E European Youth Entrepreneurship Festival in Italy. Competing against 40 other projects from across Europe, the team developed an innovative device that helps people with disabilities operate equipment. Designed for people with hand injuries, paralysis or upper limb amputations, the device allows them to use phones, TVs, tablets and laptops without having a hard surface underneath. Control is enabled by spatial navigation. The development marks a major advancement in assistive technology. The students, Roman Khomyuk (CEO), Oleksandr Tarasiuk…

Jyoti, a successful entrepreneur in her mid-30s, built a thriving business from the ground up. As her company grew rapidly, Jyoti’s assets increased significantly, but she faced new challenges in managing them effectively. Jyoti, a successful entrepreneur in her mid-30s, built a thriving business from the ground up. As her company grew rapidly, Jyoti’s assets increased significantly, but she faced new challenges in managing them effectively. Despite her strong business acumen, Jyoti struggled to make informed investment decisions and was often swayed by emotion and prejudice. Hello! You’re reading a premium article! Subscribe now to continue reading. Subscribe now Already…

You were recently selected for Tech Nation’s Future Fifty program – what are your hopes for the future and how does it feel to be recognised as a future unicorn? We are thrilled to receive this recognition and to follow the lead of others like Starling Bank, Deliveroo and Revolut. Being part of Tech Nation’s Future Fifty programme gives us a unique opportunity to work with some of the UK’s most promising businesses and we are excited to gain insight and support and share the challenges we share as businesses at a similar stage of growth on topics such as…

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Eindhoven-based LUMO Labs, a Dutch fund manager that runs an impact-focused investment fund in emerging technologies, announced on Tuesday the launch of a new €100 million fund, the LUMO Rise Fund. Through the fund, the Dutch VC aims to invest in 30-35 European impact-driven start-ups focused on the development and application of emerging digital technologies for a greener and more resilient society. The LUMO Rise Fund expands LUMO Labs’ investment strategy to focus on the integration of physical and digital reality in society. It provides additional capital for geographic diversification and additional lending, enhancing financial, social and environmental returns on…

Take the example of Shapermint, a direct-to-consumer fashion brand that used generative AI to scale its influencer program: The company’s in-house team developed an agent (named “Altair” after its stars) that can generate scripts and storyboards for TikToks and Instagram Reels and distribute them to influencers. Massimiliano Tirocchi, chief marketing officer at Shapermint’s Uruguayan parent company Trafilea, which has lofty ambitions to use AI to “power the entire creative process,” is using Altair for routine tasks previously handled by its in-house marketing team. Nine months after the tool’s release, he said, his team has reduced production time for influencer creative…