The Tech Panda takes a look at recent tech launches.
CoinSwitch, Indian crypto trading platform, announced crypto futures trading on its PRO platform. This new feature offers a versatile trading experience for selected users, allowing them to maximize their trading potential with leverage up to 25x. With CoinSwitch futures, users can trade in over 350 contracts including BTC, ETH, SOL, MATIC, XRP, and more.
“The launch of CoinSwitch Futures aligns with our mission to provide a comprehensive suite of crypto investment and trading options to our users. By offering leveraged futures contracts, we aim to cater to the needs of sophisticated traders seeking to capitalize on price movements in the dynamic crypto market,” said Balaji Srihari, Business Head, CoinSwitch.
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WadzChain Network, a blockchain technology platform, launched a hybrid blockchain intending to transform global payments for businesses.
Anish Jain, Founder, WadzChain Network, said, “At WadzChain Network, we are leveraging our experience in the global payment industry to create a secure and user-friendly payments platform for global enterprises. Our vision is to become the central switch for all payments globally, providing interoperability across all digital currencies, including CBDCs. As the payment ecosystem evolves, WadzChain will serve as the backbone, offering unparalleled scalability, security, and flexibility. We are committed to building a global, future-proof solution that addresses the complexities of modern payment systems.”
The Why
The blockchain is perfect for diverse businesses and use cases, from small startups to large enterprises. In response to the evolving needs of its business, WadzChain Network has strategically shifted its focus to solidify its long-term growth. This renewed emphasis is on building the core of the business with purpose-built technology, ensuring its foundation is robust and aligned with future opportunities. As part of this strategy, the company is making key investments across several critical areas, including the Testnet and Mainnet developments, as well as increasing marketing and community engagement, plus expanding its listings on prominent platforms. While these advancements may involve internal restructuring to optimise operations, the approach is being managed carefully to ensure the organisation remains agile and fully committed to serving its community and all critical stakeholders.
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Atlassian, a provider of team collaboration and productivity software, announced the general availability of Rovo, an AI-powered tool that enables teams to unlock organizational knowledge at scale, less than six months after its introduction.
Mike Cannon-Brookes, CEO and co-founder, Atlassian said, “Rovo is one of the most ambitious and important products we’ve ever built. I’m thrilled we can get it into our customers’ hands just five months after we first announced it in Las Vegas. Whether you’re a dev team building the next big thing, a marketing team creating your next big campaign, or a service agent helping your customers solve a really big problem, AI is going to transform the way your work gets done. It’s a huge opportunity for us, and most importantly, for our customers.”
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Cloudera, a hybrid platform for data, analytics, and AI, launched Cloudera AI Inference powered by NVIDIA NIM microservices, part of the NVIDIA AI Enterprise platform. As one of the industry’s first AI inference services to provide embedded NIM microservice capability, Cloudera AI Inference uniquely streamlines the deployment and management of large-scale AI models, allowing enterprises to harness their data’s true potential to advance GenAI from pilot phases to full production.
“As enterprises rapidly scale their AI capabilities, the need for trusted data and seamless integration becomes more critical than ever. With GenAI advancing rapidly in India, businesses are increasingly focused on balancing innovation with strong governance and compliance to fully harness its potential. Our partnerships with NVIDIA and integration with Snowflake exemplify Cloudera’s commitment to empowering organizations to innovate at scale in a secure manner,” says Mayank Baid, Regional Vice President, India & South Asia, Cloudera.
The Why
Recent data from Deloitte reveals the biggest barriers to GenAI adoption for enterprises are compliance risks and governance concerns, yet adoption of GenAI is progressing at a rapid pace, with over two-thirds of organizations increasing their GenAI budgets in Q3 this year. To mitigate these concerns, businesses must turn to running AI models and applications privately – whether on premises or in public clouds. This shift requires secure and scalable solutions that avoid complex, do-it-yourself approaches.
Cloudera AI Inference protects sensitive data from leaking to non-private, vendor-hosted AI model services by providing secure development and deployment within enterprise control. Powered by NVIDIA technology, the service helps to build trusted data for trusted AI with high-performance speeds, enabling the efficient development of AI-driven chatbots, virtual assistants, and agentic applications impacting both productivity and new business growth.
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Droom, India automobile marketplace, marked its 10-year anniversary by launching MyDroom, an AI-powered platform promising to transform the future of vehicle ownership.
Naveen Jindal, Chairman, Jindal Steel & Power Ltd. affirmed, “Our country’s growing pool of educated and skilled men and women driving the social and economic change. The majority of our population comprises youth who are aspiring for opportunities. And for us to provide these opportunities, we need to grow and for growth, we need to cooperate, collaborate and co-exist with our neighbours. He praised every Entrepreneur for their hard work and contribution to make India what it is. In continuation he said with the right efforts Haryana will be a developed state in next 10 years and Gurugram will be the developed city of the state in next 5 years.
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From predictive maintenance and real-time tracking to personalized recommendations, MyDroom is a game-changer for vehicle owners. It not only helps users stay ahead of maintenance schedules but also integrates various services like repairs, roadside assistance, and even car washes into a single platform—making vehicle ownership smarter and more efficient than ever before.
In a revolutionary move set to transform the INR24,000 crore Indian skincare market, Mumbai-based health-tech platform Skin Beyond Borders (SkinBB) launched its pioneering Skincare Metaverse skinbb.com. This innovative digital ecosystem seamlessly integrates cutting-edge AI technology with clinical knowledge, creating a unique synergy between consumers, clinicians, and industry partners.
Ajit Marathe, Founder & Chief Innovation Officer of Skin Beyond Borders, says, “By offering science-based education free of charge, we hope to contribute to the democratization of skincare knowledge using technology. Our aim is to enhance how skincare information is shared and utilized across the entire ecosystem; the Skincare Metaverse that uniquely bridges the information gap between consumers, clinicians, and industry professionals worldwide.”
The Why
At the heart of SkinBB’s Skincare Metaverse lies a commitment to transparency, education, and inclusivity.
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Hoonartek, a data, digital, and AI solutions company, launched RealizeAISM, an advanced suite of predictive, generative, and conversational AI solutions for the Indian market, particularly the BFSI, telecom, media, retail, healthcare, and life sciences industries. This innovative portfolio is designed to help these businesses, and many more, to quickly Realize the value of their AI investments in mission-critical functions and help them compete more effectively, both locally and globally.
“We are delighted to launch RealizeAI, a new portfolio that showcases our dedication to driving AI-powered innovation in the Indian market,” said Peeyoosh Pandey, CEO of Hoonartek. “As India’s economy continues to grow, AI offers immense potential to enhance productivity, improve customer experiences, and create new business models. RealizeAI provides tailored solutions that address the unique challenges and opportunities facing Indian industries, from manufacturing and agriculture to healthcare and finance.”
The Why
Many organizations see the potential of AI but struggle to turn experiments into real business results. Hoonartek’s RealizeAI addresses these challenges by providing tailored AI solutions that seamlessly fit into existing systems.
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CirclePe, a renting platform with a unique fintech approach, founded by IIT and IIM graduates, is set to transform the rental housing market with its innovative approach, eliminating the need for traditional security deposits.
Co-founder Navan Jaiswal commented, “At CirclePe, we aim to remove the financial stress for reliable tenants, giving them the freedom to move into their desired homes without hefty security deposits. Landlords also benefit by receiving the entire rental amount upfront and a guarantee for potential damages. Our platform creates trust between landlords and tenants while offering property management support through our partners if needed.”
The Why
Many online listing marketplaces help tenants find properties, but CirclePe is different from them because it specifically helps tenants move in at zero security deposit into a property of their choice for the first time. CirclePe achieves this by paying the entire lease amount upfront to the landlord and providing a company-backed guarantee for any potential damages. This removes the need for landlords to request a deposit, allowing tenants to move in with ease while continuing to pay rent monthly.
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Rage Effect: Mobile, the first AAA shooter game of India, developed by Goldon Studios, has officially been launched on both Android and iOS platforms. The adrenaline-pumping shooter, which crossed 120,000 pre-registrations in open beta, promises to bring a unique blend of high-octane gameplay, Indian-inspired content, and cutting-edge technology.
Developed by a world-class team of gaming veterans with experience from Assassin’s Creed, Sims, Anno, Google Play, and Activision, and known for publishing top 100 iOS games globally, Rage Effect: Mobile stands out with its innovative features.
Karn Saxena, Founder and CEO of Goldon Studios said, “We are delighted to unveil India’s very first AAA shooter game. At Goldon Studios, our passion lies in delivering unforgettable experiences. In the next two years, we envision that Rage Effect will become a household name and the go-to game for all platforms in India, whether it’s mobile, PC, or console. With over 600 million gamers and more than a billion internet users, the market is primed for culturally relevant content. As India’s only studio developing premium games for both PC and mobile, we are committed to reinvesting our revenue into development and marketing to keep raising the bar.”
The Why
According to the ‘India Games Market Report 2023’ by Niko Partners, India is predominantly a mobile-first market, with 96.8% of gamers using smartphones or tablets. The total number of gamers across all platforms is projected to reach 641.2 million by 2027.
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ESET, a cybersecurity solution, launched its upgraded consumer offering ESET HOME Security, introducing new features such as Identity protection and ESET Folder Guard, together with an overall improvement of its capabilities.
“With the launch of our upgraded ESET HOME Security, we are reaffirming our commitment to protecting consumers in an increasingly complex digital landscape. Our new features, including Dark Web Monitoring, empower individuals to safeguard their personal information and enjoy a peace of mind while navigating online. ESET remains dedicated to staying one step ahead of cyber threats, ensuring that our users are well-protected against identity theft, ransomware, and more,” said Parvinder Walia, ESET President for Asia Pacific and Japan.
The Why
These enhancements to ESET HOME Security, as an all-in-one solution for consumers, correspond to the increasing number of advanced, automated, and AI-driven threats targeting individuals and address growing concerns about data privacy, ransomware attacks, phishing, and scams.
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