Welcome to the world of facts and news

Lumos Labs raises $1.1 million in funding; launches developer-centric metaverse platform

The round also saw participation from venture capitalists such as Superblock, Next Web Capital, Arcanum Capital, AG Build, Paradigm Shift Capital, and multiple angel investors from the Web3.0 ecosystem.

from Tech-Economic Times https://ift.tt/jtBDQFy

Chipmaker Broadcom to buy VMware in $61 billion deal to diversify into enterprise software



from Tech-Economic Times https://ift.tt/w8yZXES

Invact CEO Manish Maheshwari reneged on agreement to leave startup: angel investor alleges

ETtech had reported on May 23 about an email that Pratap had sent to investors detailing the rift between him and Maheshwari and saying that the company was on the verge of a shutdown as it fires employees.

from Tech-Economic Times https://ift.tt/vgEpNXS

Edtech startup Infinity Learn picks up 75% stake in WizKlub

With the acquisition, Infinity Learn – backed by the Sri Chaitanya Group - has forayed into a new vertical, Infinity Futurz, which offers skills for success beyond the school curriculum.

from Tech-Economic Times https://ift.tt/vpWLmSh

India could play a role in shaping Metaverse: Ajit Mohan

Meta announced that it partnered with venture capital fund Kalaari Capital to upskill and scale young, invested businesses in India by providing them with timely business skilling support.

from Tech-Economic Times https://ift.tt/h2XjF7m

Google pursuing licensing deals with publishers: CEO Sundar Pichai

In recent years, Google has signed several deals with news and content generators as well as publishers worldwide to pay for content. This includes local and national publications in the UK, Germany, Australia, Brazil, France, Hungary, the Netherlands and Ireland.

from Tech-Economic Times https://ift.tt/nh8DTNi

Swiggy eyes commerce play with Minis marketplace

Swiggy is working on a marketplace model to onboard local stores and direct-to-consumer (D2C) brands, multiple people aware of the matter said, adding that and a pilot project is already under way.

from Tech-Economic Times https://ift.tt/GPKol5T

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...