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Wallah Physics online training platform joins Unicorn Club with an investment of $ 100 million

Physics Wallah, a selffunded online education startup led by WestBridge Capital and GSV Ventures, raised $ 100 million in the first round of funding,

Physics Wallah, a selffunded online education startup led by WestBridge Capital and GSV Ventures, raised $ 100 million in the first round of funding, becoming the last edtech firm to join the One Horn Club of India. The company is valued at $ 1.1 billion, according to a statement issued on Tuesday. Edtetch currently has 1,900 employees, including 500 teachers and 90100 technical professionals. Funding comes at a time when Indias leading singlecore edtech is facing a slowdown in funding and is looking for ways to cut costs and expand its track. Major technology companies, such as Unacademy and Vedantu, have laid off workers in recent months to expand their tracks. Read More..

B2B Tech News | 1 years ago          

NCT in Japan sets a new record for data throughput

Japanese researchers set a new record for data transfer rates by transmitting 1.02 petabits per second over fiber over a distance of 51.7 km. 32 miles

Japanese researchers set a new record for data transfer rates by transmitting 1.02 petabits per second over fiber over a distance of 51.7 km. 32 miles. A year ago, the same researchers used wavelength division multiplexing technology to transmit 319 terabits per second via fiber optic communications, breaking the most recent record. NICT said this equates to 127,500 GB of data per second. Stateoftheart highspeed GB connectivity to your home. Read More..

B2B Tech News | 1 years ago          

Threequarters of Asias richest investors will have digital assets by 2022

According to Accenture, 52% of wealthy investors in Asia already own digital assets. The process of deploying or connecting tokens to prove the legiti

According to Accenture, 52% of wealthy investors in Asia already own digital assets. The process of deploying or connecting tokens to prove the legitimacy of blockchain transactions may be too technical for the average investor, so services like RockX in Singapore have emerged to serve as a stack for the rich and business. Read More..

B2B Tech News | 1 years ago          

The race for new information technology is getting hotter and Asia is following the trend

Quantum computing gained momentum in Japan and Asia last year, when the University of Tokyo and IBM launched new quantum computers. The computer is th

Quantum computing gained momentum in Japan and Asia last year, when the University of Tokyo and IBM launched new quantum computers. The computer is the second system developed by IBM outside the United States and is the latest in a series of important steps in quantum research. Resistance to American hegemony. India announced earlier this year that it plans to invest $ 1 billion in a fiveyear quantum computer development plan. In March, sand syndidists showed that governments promised $ 2.2 billion to support quantum research. Security problems can lead to quantum security. Read More..

B2B Tech News | 1 years ago          

Global stocks fluctuate as the Reserve Bank of Australia raises concerns

World shares fell on Tuesday, while bond yields held steady, as Australias surprise 50basispoint rate hike raised concerns about policy tightening ahe

World shares fell on Tuesday, while bond yields held steady, as Australias surprise 50basispoint rate hike raised concerns about policy tightening ahead of US inflation data and a European Central Bank meeting this week. The Reserve Bank of Australia RBA raised interest rates for the first time in 22 years and hinted at more tightening to come as it battles rising inflation, having caused a brief spike in the Australian dollar and a purchase in local stocks. Meanwhile, 10year gilt yields hit a new sevenyear high of 2.265 percent and were almost flat on the day as Johnson was weakened by the vote of confidence. The dollar rose to its highest level against the yen since 2002 after Bank of Japan Governor Haruhiko Kuroda remained dovish, promising support for the economy. Read More..

B2B Tech News | 1 years ago          

Asian markets mixed after Wall St bond selloff

The market is trading regularly as traders anticipate further changes in Fed rates. The yen, traded at its lowest level in 20 years, fell more than th

The market is trading regularly as traders anticipate further changes in Fed rates. The yen, traded at its lowest level in 20 years, fell more than the 132 dollar level. Shares in Shanghai rose after China eased antivirus restrictions that forced it to close. The yen fell $ 132.63 against the dollar on Monday. The solar company was one of the biggest winners on Wall Street. US crude oil rose 91 cents from $ 118.50 a barrel to $ 119.41 a barrel. Read More..

B2B Tech News | 1 years ago          

Desty, Baneses new digital bank, was developed by Technisys to support financial content

The Banese Group, one of Brazils fivestate public banks, has launched a new digital bank, Desty, to the Brazilian market. Desty is designed to help Br

The Banese Group, one of Brazils fivestate public banks, has launched a new digital bank, Desty, to the Brazilian market. Desty is designed to help Brazilian consumers within classes C and D and smallmedium business entrepreneurs. It offers financial products and services to a targeted market segment that does not have ready access to mainstream financial services. The company expects to reach 5 million users within the next five years. Read More..

B2B Tech News | 1 years ago          

Avolon is working with world leaders in aviation and airports to accelerate eVTOL operations in Brazil.

The partnership includes Avolon, the worlds secondlargest craft leasing company, Corporación América Airports, Brazils largest airline and Grupo Com

The partnership includes Avolon, the worlds secondlargest craft leasing company, Corporación América Airports, Brazils largest airline and Grupo Comporte, a number one Brazilian transport operator. The partnership can explore and outline vertiport style and locations, in addition as more infrastructure necessities for eVTOL operations in Brazil. This partnership builds on GOLs commitment to get or lease up to 250 of Verticals VX4 craft from Avolon. Vertical part, the part and technology company developing and producing eVTOL craft Read More..

B2B Tech News | 1 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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