TWTW Weekly Wrap Up: 12-18 Feb

Last Week’s Latest

1. Korea’s Portlogics makes international shipping easier for merchants with its software tool.

2. Bibak is building the software stack to manage reusable food containers at scale.

3. Capsule snags USD 4.75M for its AI-powered video editor that summarizes text, generates images and more.

4. Caldera, a no-code web3 infrastructure platform, raised USD 9 million across two rounds.

5. Brigad raises USD 30 million for its freelancer marketplace for hospitality and care workers.

6. The Indian insurance platform InsuranceDekho has raised USD 150 million in a Series A funding round as the firm eyes merger and acquisition opportunities.

7. Mylab partners with Qure.ai for speedy TB diagnosis through AI-aided X-Ray.

8. JANUS-1 satellite that reached its orbit successfully on Friday is the world's first satellite fully conceived, designed and manufactured using an Indian company's end-to-end cloud platform.

9. India now has nearly 27,000 active tech startups, adds 1,300 last year.

10. MapmyIndia has announced that it has made a strategic investment in Indrones Solutions Private Limited (Indrones), a leading end-to-end drone solutions startup.

Focused story of the Week #1: AI-Powered Video Editor: How It's Transforming Businesses

Who said editing video had to be a labour-intensive task? Not anymore. AI-powered video editor is revolutionizing the way businesses create and edit video content, making the process more efficient, less time consuming, and far more cost effective. Capsule has received a USD 4.75M funding for its AI-powered video editor that summarizes text, generates images and more, suggesting how investors perceive this to be the way ahead.

With the help of AI-powered video editing, businesses now have the power to create compelling content in a fraction of the time and cost. Be it content that resonates with viewers, engages with them and leaves a lasting impression can easily be created by leveraging AI-driven video editing. Whether it's summarising text, selecting images from a database or adding sound effects - AI can do it all.

An AI-powered video editing software is able to automate many mundane tasks, such as choosing fonts and colors, selecting images and transitions, and adding music allowing businesses to quickly and efficiently create high-quality content without having to manually select every element. Moreover, AI-enabled video editors take away much of the heavy lifting allowing teams to focus on creative tasks that require advanced skillsets - such as constructing storyboards and creative ideas for videos.

AI-powered video editors are transforming how businesses create and distribute content. By using AI-driven technology, businesses can quickly create visually stunning videos with minimal effort. AI-powered video editors are a great way for businesses to maximise the potential of their video content. With the AI editor, businesses can create videos faster, better, cheaper and more easily than ever before.

"AI is changing the way businesses create and distribute content and it's only going to get bigger and better."

Focused Story of the Week #2: Strategic Investments in Drone Technology – The way forward for India

For years, drone technology has been seen as something of a pipe dream; a concept that was too expensive and too unreliable to be viable outside of military applications. But now, thanks to advances in technology, drones have become more accessible than ever before - and MapmyIndia's recent investment in Indrones Solutions Private Limited is testament to that.

As a technology enthusiast, I can’t help but be excited about the potential of investing in drone technology. Not only does it bring about a vast array of opportunities for businesses and consumers alike, but it has the potential to revolutionise multiple industries. In recent years, drones have been gaining attention and have become one of the most innovative and disruptive technologies out there. They provide a wealth of opportunities for entrepreneurs, companies, and even governments to leverage and capitalise in new markets. From large enterprises and governments to small businesses and individual consumers, drones are increasingly being utilised to improve efficiency and save time & money. In India, drone technology is rapidly gaining visibility and investment opportunities are suddenly popping up.

I firmly believe that investing in drone technology is the way forward for India. As the industry grows and matures, it will have a tremendous impact on the country’s economy. Not only will this technology create employment opportunities, but it could also bring down costs and open up previously unexplored markets.

The time is now to invest in drone technology and ensure that India has a bright future. With increased investments in the sector, we can lay the foundation for growth and development, paving the way to a global leader in the sector. Let's take flight and pursue this avant-garde technology today!

"With the right investments in place, drone technology can be a game-changer in how we approach any number of industries from agriculture to transportation to security monitoring."