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About 40 startup founders and business representatives met here on Saturday to discuss problem-focused solutions to tackle Delhi's air pollution, a statement said. The meeting, held at Central Park here, was attended by representatives from venture capital and private equity firms. Startups working in areas such as mobility, agriculture and air purification shared their approaches and discussed challenges in expanding these interventions, the statement added. Vishal Lavti, co-founder of carpooling and bike-pooling platform Quick Ride, said private vehicles contribute significantly to the city's pollution levels. "While long-term solutions like electric vehicles will help, there are simple actions that can be taken immediately. Carpooling is one of the easiest and most effective options as it requires no additional infrastructure, only awareness and participation," he said. Another entrepreneur, Roshan Shankar of Saroja Earth, said incomplete burning of crop residue remains a major
Predictive AI start-up Intangles has raised USD 30 million (about Rs 266 crore) in a funding round led by Avataar Venture Partners, the company said on Tuesday. The Pune-based firm received follow-on investments from Baring India Private Equity and Cactus Partners in the funding round. "Intangles, a global leader in physics-enabled Predictive AI...announced the close of its Series B round, securing USD 30 million in growth funding led by Avataar Venture Partners, along with follow-on investments from Baring India Private Equity and Cactus Partners, reaffirming long-term conviction in Intangles' technology platform," the company said in a statement. Intangles claims to have developed the world's first AI platform for vehicles called Inroute. The company said that its digital twin technology makes Intangles the only player globally with the capability to warn fleet owners of impending vehicle failures with the exact causes, up to a month in advance, with around 95 per cent ...
The UAE companies are looking at multiple sectors, such as infrastructure, data centres, banking, startups and logistics, in India to increase their investments, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the two countries have reset their targets and are actively working to increase investments rapidly in different sectors, and enhance collaborations in areas such as renewable energy, shipbuilding, retail, and pharmaceuticals. Infrastructure is one of the major sectors where they (UAE) can see huge potential. There was a lot of interest in the banking sector and startups. The interest of potential investors is also in the logistics ecosystem in India and green energy. The UAE is keen to look at investments, Goyal told reporters here. The minister was here for the 13th India-UAE High-Level Joint Task Force on Investments. The two-day visit concluded on September 19. He was leading a 75-member business delegation. There are many ways through which India