“According to Credit Suisse, the digital payments market in India will be worth $1 trillion in the next four years, up from about $200 billion currently. According to industry estimates, more than 100 million people in India today use mobile payments services. Amazon, Google, and Samsung entered the payments market in India, leveraging an open…
Tag: India
Google launches AI lab in Bangalore, India
“Google today launched Google Research India, its first AI lab in India. In related news, Google also pledged to expand its AI-powered flood prediction system in India to warn nearby residents through smartphones or human volunteers.” https://www.google.com/amp/s/venturebeat.com/2019/09/19/google-launches-ai-lab-in-bangalore-india/amp/
Former Cisco CEO Says AI Will Have Bigger Impact Than The Internet
“Are you overhyping digital transformation and AI? Chambers: No. It’s the biggest trend in the last 30 years, since the commercialization of the Internet. Bigger even. It will produce an impact two or three times what the Internet did and in a much faster pace. It is accelerating. Why are you so bullish on India? Chambers: If…
Two startups to create 1 lakh AI, deep-learning experts by 2020
“Two startups incubated at the Indian Institute of Technology, Madras, have joined hands with a mission to create 1,00,000 experts in artificial intelligence (AI) and deep learning by 2020. The mission of GUVI is to take technology skills to all deserving students. Demography should never be a barricade to acquire skills.” https://www.google.com/amp/s/m.economictimes.com/small-biz/startups/newsbuzz/two-iit-madras-incubated-startups-join-hands-to-create-1-lakh-ai-deep-learning-experts/amp_articleshow/70875002.cms
How An AI Driven Logistics Startup Is Helping Small Ecommerce Players
“He points out that shiprocket clocked one million monthly shipments in June with annual GMV of over US$ 250 million. Currently, Shiprocket ships to 220 countries and across 26,000 PIN codes in India with 15 courier partners onboard. ‘We aim to triple our active sellers to reach 50,000 by the end of this fiscal and…