Cashfree secures $53 million from Krafton, Apis Partners

The funds will be used to scale up its products, invest in new payment infrastructure projects and push its D2C brands. The online merchant payment startup last raised a major funding of $2.7 million from SBI in 2021. To date, it has raised $44 million.

from Tech-Economic Times
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Banks to take on fintechs with feature-packed merchant apps

Fintech firms like BharatPe and Paytm face increasing competition from banks such as HDFC, ICICI, Axis, and SBI, which are launching merchant-focused platforms. Banks aim to regain market share by offering payments, loans, and banking services with higher compliance.

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Experts flag APAAR risks as institutes push enrollment

Experts raise privacy concerns about the centralised APAAR student ID database, questioning its efficacy in obtaining verifiable parental consent under the DPDPA. While some see APAAR as a solution for streamlining consent, others highlight the lack of clear data protection guidelines and potential vulnerabilities of such a large repository.

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Sops, DeepSeek drive local firms to work on foundation AI models

The government’s subsidised common compute facility and opening for grants and funding under the IndiaAI Mission have also spurred energy among startups seeking capital.

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Centre’s tax clarity on VC asset sales to reduce litigation

Previously, the reading of the Income Tax Act led to proceeds from exits to be considered business income for domestic alternative investment funds (AIFs), leading to these firms paying income tax.

from Tech-Economic Times
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Generative AI's environmental impact in figures

The surge in generative artificial intelligence (AI) is being met with growing fears about the technology's ecological footprint, one of the top questions up for discussion at a global summit in Paris on February 10-11. GPT-3 requires around half a litre (one pint) of water to generate between 10 and 50 responses, according to a conservative estimate from researchers at the University of California Riverside and University of Texas at Arlington.

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NATA 2025 registrations to start from this date: Check important details here

The Council of Architecture will begin NATA 2025 registration on February 3 at nata.in. The exams will be held from March 1 to June 2025. On Fridays, there will be a single shift (1:30 PM–4:30 PM), while on Saturdays, exams will be conducted in two shifts (10:00 AM–1:00 PM & 1:30 PM–4:30 PM).

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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