Set to open in December 2022, the API Lab at BITS Pilani will cultivate interest in APIs and provide a space for students to build new skills through ideating, innovating, and tinkering with new projects, the company said in a statement.
The funds will be used for business expansion as well as technology for acquisitions, product delivery and portfolio management. Part of the funds will go to its subsidiary, Vivriti Asset Management, which will use it to enhance the asset management platform focused on performing credits.
On Friday, Chennai’s traffic administrators summoned company executives, seeking clarification about the infrastructure required for safe operations of quick delivery services, people aware of the discussions told ET.
While Ola Electric is investigating the issue and is yet to find the root cause of the problem, other EV companies plan to work closely with component and battery manufacturers to get to the bottom of this safety issue as this could flatten the spiralling sales chart of EVs in the country.
Last week, Zoom introduced the avatars feature, which will replace a user's appearance with a virtual animal that mirrors his or her head movements and facial expressions.
Vendors who supply to Cloudtail across categories like electronics, health and personal care, and smartphones are being sent new contracts for transfer of the business to new and existing seller entities on Amazon India.