Unacademy Signs An MoU With Indo -Tibetan Police Force To Strengthen Accessibility For High Quality Education

* Top Rankers to receive Unacademy scholarships and free career guidance counseling

* All Children of ITBP Force will be eligible for a 50% discounted Unacademy Subscription

Unacademy, India’s largest learning platform*, today announced the signing of a Memorandum of Understanding (MoU) with the Indo-Tibetan Border Police Force (ITBPF) to empower their children for various competitive exams. Unacademy will offer its courses at a 50% discount to the children of ITBPF personnel, enabling an enriched learning ecosystem for every Learner.

As per the MoU, Unacademy every year will identify 1000 children of ITBPF personnel through a series of aptitude tests for an Unacademy scholarship to help them prepare for competitive exams. Students from class 9th till Graduation can apply for the test.

Besides, Top rankers currently studying in Class XII will also receive an Unacademy scholarship for IIT-JEE/NEET UG/NDA preparation courses based on their Class XI grades.

As an extension of Unacademy’s mega national program ‘Shikshodaya’ - Unacademy shall also extend free of cost study scholarships to up to 500 top ranking girl students.

Unacademy will also organize structured career guidance sessions for scholarship students on upskilling and emerging career opportunities.

Courses for which scholarships and discounted prices are offered are: UPSC, SSC (Non- Technical), NDA, CDS, NEET (UG), NEET (PG) and IIT- JEE.

Tech-Enabled Construction Company Design & Construct Acquires The Better Co. Company’s Total Valuation At Rs 125 Cr

One of India’s leading tech-enabled construction companies, Design and Construct, has acquired a mid-sized construction firm, The Better Co making the group’s valuation Rs 125 cr plus. After the acquisition, the company will be operating under the flagship name of Design and Construct.

Headquartered in Bangalore, Design and Construct which has presence in Hyderabad, Pune and Mysore, has been in the business of construction since 2020 and had raised funding earlier to grow the company further.  The Better Co also founded in 2020 has been specialists in civil construction. With the acquisition, Design and Construct hopes to expand their pan India footprint as well as add to their existing service portfolio. 

Announcing this at a press conference, Mr. Priyadarshi Mishra, Founder-CEO, Design and Construct, said, “We are very excited with this acquisition. By acquiring The Better Co, we will be acquiring the employee talent and skill-sets also, and are very confident that The Better Co, will help smoothen and fasten our global growth plans that we have on the anvil.  We can’t wait to get started with such fusion.”

Commenting about the acquisition, Mr. Fahim Alam, CEO of The Better Co, said, “This is a  memorable moment, and we are happy to be coming together and working under the umbrella of Design and Construct. We hope to strengthen the group by sharing our expertise and adding value to the existing basket of services”.

Acquisition adds to the numbers

This acquisition will result in growth for the group, in ways more than one.  Talking about the numbers , Mr. Gaurav Nanda , CFO – Design and Construct, said “We are happy that the group’s combined valuation will now be Rs 125 crore. We are also hoping to clock twice the turnover in the current financial year as compared to FY 21-22. We have also acquired talent in different verticals, which now makes the employee strength over 300.”

Talking about the synergies between The Better Co and Design and Construct ,Mr Priyadarshi Mishra further stated “ Design and Construct is ready for the expansion plans in tier 2 and tier 3 cities , with our  rich experience  in building end-to-end independent houses, from conceptualizing, designing, constructing, and providing remodelling services to villas, bungalows, duplexes, penthouses, farmhouses, and homes. Our next step is to create a global presence in Dubai, Malaysia, and Singapore. We are developing our SOP’s for expansion in the coming months. Apart from offering tech enabled platforms for individual home construction clients, we are also planning to build a team for on demand services”.

The company intends to set up a high level VR based experience centre across all metros by this year end.  By the end of 2023 Design and Construct intends to build around 1,000 homes.

The company currently has a B2B app for its existing customers which is an advanced e-tracking system providing with real time project tracking without visiting the site. The company is in the process of launching a B2C app which will help customers choose and share from the palates of colours, designs, layouts.

About Design and Construct

Design and Construct is a leading individual construction company that deals with the aspect of end-to-end needs of home and commercial construction such as Interiors, renovation, floor addition and even painting with an option of customizing requirements, creating a synergy between the teams to ensure there is proper coordination. Hence, giving the clients peace of mind as the top talents are working on building the dream home. Whether architects, civil engineers, quality control managers, project coordinators, sales, or marketing, the team members have expertise in all the required areas. The dedicated team is enthusiastic about providing the client with the most exemplary accommodation possible. The company is very conscious of the environment and believes in using sustainable options, highlighting affordability, thereby preventing accidents and reducing the costs of reworks and repairs. Their approach to using reused and recycled products during construction is commendable. Design and Construct have partnerships with famous brands such as Asian Paints, Kajaria, Havells, ACC, etc. Their few ongoing projects are spread around Hyderabad and have completed and handed over turnkey projects in Bangalore.

The Better Co.

The Better Co is a home construction company which helps you build your dream home and do your home interiors on one platform. With an experienced team consisting of Designers, Architects, Engineers, Experience management, Quality assurance, etc., to provide the client with the best home construction possible within the budget.  Quality and experience is the priority over everything else. Serving all client needs of building their dream home within their budget is the speciality. 

For more details log in to : www.designandconstruct.in

Expect IT Spending To Be Resilient In Near To Medium Term Outlook For IT Sector Is One Of Cautious Optimism: CareEdge

*  Digital Transformation, Cloud computing, Cybersecurity to be key focus areas

*  A surge in employee costs due to high attrition has impacted operating margins

*  A slowdown in US & EU, global eco uncertainties, currency volatility key risk

CareEdge has released a report on the sector outlook for the Indian IT industry. The research house is cautiously optimistic on the outlook of the sector on the back of a resilient IT spending in the near to medium term.

CareEdge expects that the broad trends in demand outlook in the Indian IT industry along with technology-driven spending will continue during FY23. The digital transformation initiatives grew manifold during the pandemic, with a much greater realization of the need for digitization and data-driven solutions and this trend is expected to continue going forward. This augurs well for the IT services industry.  According to CareEdge, cloud computing, artificial intelligence, cybersecurity, data analytics and IoT, among others are expected to be the key focus areas going forward.

However, a slowdown in the key markets of the US and EU, uncertainties arising from the global macro-economic slowdown, and currency volatility can potentially play a spoilsport with respect to corporations spending on technology and may lead to postponing some of these spends. Also, with significantly increased employee attrition levels across most players, there has been a surge in employee costs. This is the single largest expense item for the sector, and will potentially impact the operating margins of the players.

The Indian IT industry witnessed a strong client addition during FY22 supported by vendor consolidation and various initiatives like cloud adoption and digital transformation agendas by clientele across various verticals. The industry has been re-aligning its offerings to cater to the evolving requirements of its clients with respect to emerging technologies in order to become more effective in the dynamic business environment.

The IT companies expanded their products and service offerings to cater to the new demands of an expanding set of clients with a focus on delivering customer-centric solutions. During FY22, IT majors have seen a strong progression of client addition in existing as well as new geographies and verticals. The client wins in the higher deal-size buckets have significantly increased.

During Q1FY23, on a year-on-year basis, there has been a slowdown in client addition (in greater than USD 1 Million segment)– an implied higher base effect on account of a sudden post-pandemic ramp-up in Q1FY22. However, on a sequential basis (q-o-q), client additions gathered pace vs. Q4FY22 where in 42 clients were added. This is despite Q4 being a generally weak quarter from a seasonality perspective. The growth has mostly been broad-based across verticals and the BFSI vertical continues to have the largest share and is the fastest growing segment.

About us: CareEdge (CARE Group) is a knowledge-based analytical group that aims to provide superior insights based on technology, data analytics capability, and detailed research methods. CareEdge Ratings is one of the leading credit rating agencies in India. It has an impressive track record of rating companies for almost three decades and has played a pivotal role in developing the corporate debt market in India. CareEdge provides near real-time research on all domestic and global economic developments. The wholly owned subsidiaries include CareEdge Advisory & Research arm focused on providing advisory and consultancy services and CareEdge Risk solutions a platform that provides risk management solutions.

Nokia 8210 4G Launched In India - A Classic Icon, Reborn With 4G And Modern Essentials

Two new features phones arrive in India with the classic icon, the Nokia 8210, returning after two decades and new Nokia 110 offering trusted build quality you expect while looking sleek and modern at the same time

·         The new 8210 4G comes with a big battery life with 27 days standby time, and Dual SIM VoLTE for crystal clear calls with elegant colour choices.

·         New Nokia 110 (2022) offers a built-in rear camera, wireless FM Radio, Auto Call Recording feature and a bigger storage

HMD Global, the home of Nokia phones, announced the launch of the newest member of the Originals family, the Nokia 8210 4G, that combines memorable design, durability and long lasting battery life with modern details like a large display, an MP3 player (MicroSD card sold separately), camera, and intuitive user interface, making it simpler and easier to use.  Also announced today is the launch of Nokia 110 (2022), which has exciting features like the auto call recording, and built in rear camera with the trusted build quality of Nokia phones blended in their signature style. Both the Nokia 8210 4G and Nokia 110 (2022) offer new sleek design and long-lasting battery, with a focus on seamless entertainment. Both the phones come with 1 year replacement guarantee.

Nokia Mobiles is further strengthening its feature phones portfolio with these exciting new additions. Nokia mobiles continues to be number 1 in value in the feature phone segment as per IDC Q1’22 report.

Speaking on the launch, Sanmeet Singh Kochhar, Vice President, HMD Global-India & MENA said; “Nokia 8210 4G – a new addition to the ‘Originals’ family – celebrates the iconic Nokia 8210 4G launched in 1999 at Paris Fashion Week, which was quite the sensation in India at the time. We have also added new Nokia 110 (2022) to our robust feature phone line-up. The latest portfolio additions reaffirm HMD Global’s commitment to ensuring everyone has access to affordable and long-lasting technology. Moreover, we are the strongest player in the premium feature phone segment in India. With today’s young generation embracing minimalism and seeking a more sustainable fashion, feature phones are becoming highly sought after and we do see a lot of people using these feature phones as their secondary phone. Nokia 8210 4G brings the classic Nokia heritage combined with innovation in feature phone space. For those that seek a break from social media and hustle culture, Nokia 8210 4G is a digital detox retreat”

A timeless classic for today’s retro lovers

Nokia 8210 4G continues our Originals–line with outstanding design and renowned Nokia phones build quality. Designed just like its predecessor, has a big 2.8” display and zoomed user interface, making communication easier than ever. The updated display frame adds a fresh twist to the instantly recognizable Nokia 8210 look courtesy of function keys adapted for today, and elegant island keymat with separated keys and an intuitive interface.

Meanwhile, the Nokia 8210 4G is rich in features, including the in-build MP3 player, wireless and wired FM radio, and a camera to capture life’s best bits – alongside a slice of retro courtesy of fan-favorite games like ‘Snake’.

Never go out of style

Fast fashion is out, timeless items are in, and the Nokia 8210 4G is the fashion accessory that will stand the test of time. It’s light and compact design seamlessly carries a massive battery which allows for longer conversations and weeks of standby so users can call, text, and go offline with confidence. Improved radio frequency, 4G connectivity, and dual SIM VoLTE voice call capability keep your calls connected and crystal clear so you can do more of what you love.

Super chic, yet super tough

The new Nokia 8210 4G brings together style and strength in the palm of your hand. Like every Nokia phone, it has been rigorously tested to ensure it meets high durability standards – giving its users peace of mind that they won’t have to replace this celebration of design excellence any time soon.

It is minimalist, yet its super tough. lets you stand out from the crowd for longer thanks to its durable and sleek design, modern features, and update on a classic look – delivering a bit of ‘90s nostalgia and a lot of the quality and performance you’d expect from a Nokia phone.

Pricing and availability – Nokia 8210 4G

The Nokia 8210 4G launched in India on 2nd August, exclusively on Amazon.in for the first month and Nokia.com/phones, in blue and red colour options.

The Nokia 8210 4G goes on sale on Amazon.in starting 6th August for Rs. 3999.

Other new offerings in the range

The New Nokia 110 (2022) offers a new sleek design with the trusted build quality of Nokia phones blended in their signature style. It has a compact form factor for ease-of-use, an all-new modern finish, and it is packed with standout features like a built in rear camera, music player and an auto call recording with bigger storage. Beauty inside and out.

The Nokia 110 (2022) comes with superior build quality, incorporating a sturdy 1000 mAh battery and expandable 32GB storage capacity. With this feature phone you will be able to do much more without worrying about running out of power. Whether you want news, music or sports, you can now listen to your favourite FM stations with a radio in your pocket on the go without a headset. The feature phone also includes everyday essentials like built-in torch, storage capacity and pre-loaded games including everyone's favorite, Snake.

Pricing and availability- Nokia 110 (2022)

The Nokia 110 is available in three stylish colours Charcoal, Cyan and Rose Gold in India, at a recommended best buy price of Rs. 1699 for Cyan & Charcoal and Rs. 1799 for Rose Gold color along with a free earphone worth Rs. 299/- across all leading retail outlets, e-commerce sites and Nokia.com/phones.

Web3 Token-Powered Social Platform Taki Opens Access; Over Half A Million People Are Now Off Waitlist

~ Taki offers freedom from the waitlist and is now open to the masses, those interested can now go and sign-up on the platform.

~ New users can join as early as possible to claim their unique desired name for their own $USERCOIN before anyone else chooses the same coin.

~ Taki invests in technologies to increase transparency by protecting user data, providing security tools, and adding features to support content creators for wealth generation

Taki, a global crypto-token-powered social network has announced its Beta release, including the opening of its platform to the public including content creators and users. With the removal of the waitlist, interested people can now freely go and sign-up on the website which was an invite-only platform until now. Taki is granting phased access to more than half a million new enthusiastic users who have been on the waitlist. The Beta launch delivers the Taki community a new range of exciting features which will enhance the user experience, safety, and transparency.

Taki is offering the opportunity for people to own their unique desired $UCOIN (Usercoin). They can now access Taki with no waiting and register before anyone else takes their desired name. A $USERCOIN will be created once a particular individual verifies them on the platform. Over 56,779 unique user coins have been generated so far.

With the launch of the Beta phase, Taki is aiming to engage its users better through social gamified methods where they can earn more rewards in the form of $TAKI by completing some daily basic tasks. In addition, users will be able to keep track of their coin performance and the real-time status of the other $USERCOINS they have invested in. Taki facilitates more ownership and engagement with creators compared to other social networking platforms as there is an economic value attached to even basic actions on the platform such as liking a post, making a comment, or publishing content in general.

Commenting on this new development, Sakina Arsiwala, Co-Founder of Taki said, "The incredible response which we have received from our users has led to this phenomenal growth. We have decided to now open up this platform to the public at large so more people can gain benefit from our platform for wealth generation. We are now moving a significant step ahead in our journey embracing the Web3 ethos to make Taki more user-friendly with crypto-native innovations.

Our focus is on establishing a value-generated creators’ platform to help elevate their experience of creating their own personalized token economies. We want to build a source of daily income for our users. India has great potential and an appetite for creative content consumption, as well as content production. We are already amazed by the response we are receiving, especially from the Asian markets, where India has played a major role.”

India takes precedence and priority among the other markets into which Taki plans to expand this year. Taki puts forward a unique engagement platform for creators, users, and crypto enthusiasts, who can earn a daily income by simply posting content and engaging topics of interest with others.

Taki provides an opportunity for users to build their own user coins ($UCOIN). A user coin is a monetary representation of a user's social network, which can be purchased and sold with the $TAKI token. For creators who have typically relied on sponsored content arrangements, user coins provide a new source of income. These $UCOINS can be further exchanged for $TAKI tokens, which can be transferred to crypto exchanges where users can earn value out of it.

Taki has raised $3.45M in a seed round through 11 marquee global investors in their seed funding series. The round saw participation from key crypto exchanges and investors such as Alameda Research, CoinDCX, Coinbase Ventures,, Formless Capital, Gemini Frontier Fund, Huobi Ventures, Kraken Ventures, Luno Expeditions, OKX Blockdream Ventures, Roka Works, and Solana Ventures,

"It is exciting to see such a positive community response, which encourages us to keep working to best serve the community. We believe Taki will be the first-of-its-kind in bridging the gap between everyday internet users and the booming Web3 experience, especially as the Indian market has the potential to support and grow the global crypto ecosystem,” said Saad Rizvi, Venture Partner at SuperLayer.

About Taki

Taki is a global token-powered social network where everyone can earn a daily income by simply posting content and chatting with others about things that interest them. Users earn $TAKI, a crypto token, by creating content that others enjoy, and by commenting on and liking posts. Taki also allows users to create their own user coins to build their individual token economies on the Taki platform. 

About SuperLayer

SuperLayer is a web3 venture studio that builds and supports new multi-chain, tokenized consumer products and applications powered by the RLY protocol. Founded by Kevin Chou and Mahesh Vellanki — the founders of Rally and Forte who have more than $1 billion+ in exits between their combined venture and entrepreneurial experience — SuperLayer works with brand partners and founding teams to facilitate the launch, staffing, go-to-market, compliance, and fundraising for web3 projects. The web3 venture studio’s mission is to onboard the next 100 million people to web3. For more information, visit www.superlayer.io 

LTI Partners With Saviynt To Deliver Intelligent Identity Solutions To Enterprises Worldwide

* Alliance will enable improved security for customers with integrated identity and XDR solutions for cloud and hybrid IT environments

Larsen & Toubro Infotech (BSE: 540005, NSE: LTI), a global technology consulting and digital solutions company, has partnered with Saviynt, a leading provider of enterprise cloud identity solutions. The partnership combines Saviynt Enterprise Identity Cloud with LTI’s Active XDR (extended Detection & Response) capabilities to provide organizations with improved identity management and security threat protection during digital transformation.

Accelerated cloud adoption and the proliferation of critical applications have transformed today’s business environment. As companies attempt to innovate at the speed of business and gain a competitive edge, digital advancements through cloud-first initiatives have created significant IT and security risk challenges.

Nachiket Deshpande, Chief Operating Officer, LTI, said, “LTI has partnered with Saviynt to assist our clients to manage evolving cyber risks where identity plays a crucial role. Saviynt brings proven leadership delivering next-generation identity governance and privileged access management solutions to enterprises. This partnership will augment our Active XDR offering and deliver unmatched agility, compliance, and control to our customers as they transform identity operations.”

Identity plays a vital role in improving overall security posture and enabling better cyber controls for modern enterprises. LTI and Saviynt will deliver integrated solutions seamlessly across cloud and hybrid environments. The integrated solution will address new identity security challenges emerging from remote and hybrid workforces, cloud adoption, and changing regulatory compliance requirements around the globe.

Amit Saha, CEO, Saviynt, said, “At Saviynt, we're helping the world's largest companies transform their cloud security posture and deliver better cyber controls through identity access and governance. We are thrilled to be working with LTI to help customers better manage security risks at a time when the threat landscape is changing daily. Saviynt’s cloud-native approach to identity, coupled with LTI’s experience and XDR services, will provide organizations with an unparalleled solution to improve security posture in the cloud era”.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 495 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 46,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Find more at http://www.Lntinfotech.com or follow us at @LTI_Global.

About Saviynt

Saviynt’s Enterprise Identity Cloud helps modern enterprises scale cloud initiatives and solve the toughest security and compliance challenges in record time. The company brings together identity governance (IGA), granular application access, cloud security, and privileged access to secure the entire business ecosystem and provide a frictionless user experience. The world’s largest brands trust Saviynt to accelerate digital transformation, empower distributed workforces, and meet continuous compliance, including BP, Western Digital, Mass Mutual, and Koch Industries. For more information, visit saviynt.com.

Cyient Recognized As “Rising Star” For Managed Services In U.S. Region In ISG Internet of Things Report

Cyient, a leading consulting-led, industry-centric global technology solutions company announced that it has been recognized as the ‘Rising Star’ For Managed Services in the US region in ISG Provider Lens™ 2022 report on  the Internet of Things – services and solutions.

According to ISG, a leading Global Technology Research & Advisory Firm’s quadrant report, managed IoT service models focus on optimizing performance and driving continuous improvement. Intelligent tools and analytics identify root causes of problems, define new sources of value, and reveal continually evolving security threats. Remote monitoring and OTA capabilities optimize efficiency and scale resources across multiple geographies – a critical capability in a tight labor market.

The report highlighted Cyient's flexible deployments through usage-based modular services. The suite of managed services offerings enables remote monitoring, predictive analytics, lifecycle cost modeling of IoT devices, and the range of offerings through strategic acquisitions as the basis for Cyient’s recognition as a "Rising Star."

On the ISG recognition, Pierre Carpentier, Global Head of Digital Technologies, Solutions, and Partnerships, Cyient said, “We are thrilled to be recognized by ISG as Rising Stars in IoT. This is proof that integrating our digital technology capabilities under our IntelliCyient suite of I4.0 solutions is accelerating our customers’ digital transformations in the asset-intensive industries we serve.”

Speaking about the recognition, Alex Kozlov, lead analyst at ISG Research, said, “Cyient combines industry expertise and a robust partner ecosystem to address key IoT challenges. These included enabling integration and interoperability between disparate systems and platforms, as well as leveraging data analytics to solve business problems and identify new opportunities.”

Managed services also play a key role in sustainability by leveraging analytics from day-to-day operations to minimize carbon impact, reduce energy consumption and increase user device efficiency.

The complete ISG Provider Lens™ Internet of Things – services and solutions June 2022