Software – Scoopearth: Leading platform for startups & business news https://www.scoopearth.com Embrace the World of Start-ups, Technology, Business, Finance and Economy Thu, 30 Jan 2025 13:32:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.scoopearth.com/wp-content/uploads/2023/11/cropped-favicon-sc-96x96.png Software – Scoopearth: Leading platform for startups & business news https://www.scoopearth.com 32 32 Parking management platform Park+ reported a revenue of Rs 131 crore with an increase in its loss in FY24 https://www.scoopearth.com/parking-management-platform-park-reported-a-revenue-of-rs-131-crore/ Mon, 18 Nov 2024 13:27:11 +0000 https://www.scoopearth.com/?p=346512 Park+ is a management solution offering platform for parking operators that announced a 36.5 percent YoY increase in operational revenue to Rs 131 crore in FY24. The startup provides a digital platform to enable users to search and reserve parking. The application allows users to manage, purchase, and recharge FASTags. The advertisement services, commissions of FASTags, Valter service, and parking are the primary sources of revenue for the company. The startup also offers insurance management and car services.

Entrackr mentioned in its report that the firm also earns its income through the sale of radio frequency tags and access control. The sale of services like commissions of FASTags accounted for 80 percent of the total operating income. This cost increased by 44 percent to Rs 104 crore in FY24. The cost of materials also increased by 65.7 percent to Rs 58 crore in the same duration. 

The company has secured over 54 million USD across multiple funding rounds, including $18.1 million raised during its series C funding round led by Epiq Capital Advisors and others in 2022. The data intelligence platform, tracxn mentioned that Sequoia Capital is the firm’s largest institutional investor. The startup data intelligence platform, thekredible mentioned that the existing investor Peak XV Partners is the largest external stakeholder of the firm.

Park+ also offers services like car cleaning, insurance management, and parking solutions for malls, offices, and homes. The online platform uses advanced technologies to provide a seamless customer experience. This startup expanded its offerings to EV charging networks and FASTag insurance. The legal, advertising, marketing, conveyance, technology, and other expenses increased the total costs by 21.3 percent to Rs 245 crore in FY24. The startup reported a 4 percent increase in its loss to Rs 103 crore in the same duration.

The parking management platform focuses on improving its business model while offering more innovative solutions. The startup intends to control its losses by reducing operating expenses and employee benefits. Employee benefits accounted for 41 percent of the total expenditure and increased by 29.5 percent to Rs 101 crore in this financial year.

This includes the ESOP cost which stood at Rs 27 crore in this fiscal year. The EBITDA margin stood at -68.79 percent while the ROCE was around -72.54 percent in the same duration. The company faces competition from other mobility and parking managing platforms such as Cars24, DriveU, and PickMyCar.

Conclusion :

Park+ announced a 36.5 percent increase in operational revenue to Rs 131 crore in this financial year. The parking management platform offers management solutions for parking operators. The sales of services, advertisements, Valet service, and parking are the firm’s major source of revenue. The company has investors including Peak XV Partners and Epiq Capital Advisors. 

The startup reported a loss of Rs 103 crore in FY24. The company plans to minimize its losses through cost-cutting measures. The technology, marketing, advertisement, and other costs increased the total expenses by 21.3 percent to Rs 245 crore in the same duration.

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SaaS firm Amagi reported a revenue of Rs 879.1 crore with a 23.7 percent slip in its losses in FY24 https://www.scoopearth.com/saas-firm-amagi-reported-a-revenue-of-rs-879-1-crore/ Sat, 09 Nov 2024 13:13:07 +0000 https://www.scoopearth.com/?p=346351 Amagi is an online cloud media SaaS technology platform that announced a 29.2 percent increase in operational revenue to Rs 879.1 crore in FY24. The startup provides cloud-based CTV ad insertion software. The application includes an analytic feature that offers insights into metrics like total viewership, unique views, and more. 

Entrackr reported that the server-side ad insertion platform for OTT content publishers Thunderstorm and Cloudport are the company’s primary sources of revenue. The startup also provides content owners with solutions to distribute, launch, and monetize live linear channels on TV for free. The firm also earns income through gains from sales of other investments. 

The United States was the largest contributor, accounting for 67.3 percent of the total revenue, and stood at Rs 591.5 crore in the last financial year. The total sales formed 13.1 percent and increased by 31.10 percent to Rs 115.5 crore in FY24. Meanwhile, India contributed less than 1 percent of the total collection and saw a 54.29 percent drop to Rs 8 crore. 

The company has secured over $359 million across multiple funding rounds since its inception, including $100 million raised during its series F funding round led by General Atlantic, Accel, Norwest Venture Partners, and other investors.

The data intelligence platform, tracxn mentioned that the company’s post-money valuation is around 1.44 billion USD. The platform offers VOD, live orchestration, ad scheduler, and more. The startup also provides ad-supported television and video service platforms. The depreciation and amortization cost increased by 84 percent to Rs 16.3 crore while the financial cost saw a 58 percent increase and stood at 5.2 crore in FY24. 

The total expenditure of the firm increased by 13.4 percent to Rs 1179.1 crore in FY24. The startup reported a 23.7 percent decrease in its losses of Rs 245 crore in the same duration. Meanwhile, the employee benefits increased by 10.8 percent in this financial year. The legal, professional, and IT expenses stood at Rs 49.33 crore in the same period. The company intends to control its losses by reducing operating expenses and employee benefits.

The startup recently achieved its unicorn status after securing $95 million from Investor. The company aims to raise $250 million in upcoming funding rounds. The EBITDA margin stood at -22.86 percent while the ROCE was around -24.43 percent. Amagi faces competition from other platforms in the same market segment such as Avid Technology and Vimeo. 

Conclusion :

The cloud media platform Amagi announced a 29.2 percent increase in operational revenue to 879.1 crore in FY24. This startup offers CTV ad insertion software and analytics features like viewer counts. Thunderstorm and Cloudport are the firm’s primary sources of revenue. The loss also decreased by 23.7 percent to Rs 245 crore in FY24.

The total expenditure of the firm increased by 13.4 percent and crossed Rs 1179.1 crore in the same duration. The company plans to minimize its operating and employee expenses. The company has secured over 359 million USD across multiple funding rounds to date.

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Community management platform MyGate reported an 82 percent decrease in profit with total revenue crossing Rs 109 crore in FY24 https://www.scoopearth.com/community-management-platform-mygate-reported-an-82-percent-decrease-in-profit-with-total-revenue-crossing-rs-109-crore-in-fy24/ Sat, 02 Nov 2024 12:14:43 +0000 https://www.scoopearth.com/?p=346146 MyGate is a web-based software for community management that announced a 35.3 percent YoY increase in revenue from operations to Rs 96.2 crore in FY24. The startup provides software for visitors and community management. The application provides features like staff management, child security, visitor management, payment and account management, communication, and delivery management. The brand advertisement and subscription to its SaaS products are the company’s primary source of revenue. The startup also enables residents to manage daily interactions and security.

Entrackr mentioned in its report that the firm also earns income through other services that pushed the total revenue to Rs 109.1 crore in FY24. The company has secured over 80 million USD across multiple funding rounds since its inception, including $12.2 million raised during its series B funding round led by ACKO, Urban Company, and other investors. The startup data intelligence platform, tracxn mentioned that Prime Venture Partners is the largest institutional investor of the firm.

The company recently expanded into creating an integrated platform of select consumer devices with a smart locks launch. The company has not held any fundraising round since the series B funding round in 2022. The Bengaluru-based startup provides various management services via its online application. The application uses advanced technologies to provide a seamless user experience. This company posted an increase in its operating income to Rs 96.2 crore in this financial year. MyGate posted an 82.4 percent decrease in its net loss to Rs 39.8 crore in FY24.

The employee benefits decreased by 16.5 percent and stood at Rs 66.4 crore in the same duration. The cost of material consumed also decreased by 27.3 percent and stood at Rs 1.6 crore in this fiscal year. The total expenditure of the firm saw a 12.8 percent decline to Rs 129.5 crore in the same duration. The SaaS firm posted a 7.8 percent decrease in its other expenses to Rs 61.5 crore bringing the total expenditure to Rs 129.5 crore in FY24.

The company controlled its losses and saw an 82 percent decrease in FY24. The firm aims to minimize and control its loss by cost-cutting measures. MyGate crossed Rs 100 crore in total revenue without any external funding rounds since 2022. The company also announced its employee stock buyback program to benefit over 50 employees. MyGate faces competition from other management solutions offering SaaS platforms such as Allthings and ApnaComplex.

Conclusion:

The Community management application offering startup MyGate announced a 35.3 percent increase in its operational revenue to Rs 96.2 crore in FY24. This SaaS platform provides various management solutions to its users including community, payment, delivery, and communication management. Subscriptions to these SaaS services and advertisements are the firm’s primary sources of revenue. The loss also saw an 82.4 percent decrease and stood at Rs 39.8 crore in FY24. The total expenditure of the firm saw a decrease of 12.8 percent and crossed Rs 129.5 crore in the same duration. The company has secured over 80 million USD across multiple funding rounds to date.

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SaaS marketplace Now Purchase secured $6 million from Info Edge Ventures in its equity and debt round https://www.scoopearth.com/saas-marketplace-now-purchase-secured-6-million-from-info-edge-ventures-in-its-equity-and-debt-round/ Thu, 19 Sep 2024 09:30:52 +0000 https://www.scoopearth.com/?p=344784 Now Purchase is a SaaS-based procurement platform for metal infrastructure. The startup has raised 6 million USD during its equity and debt funding round from Info Edge Ventures. The funding round saw participation from several investors including Orios Ventures partners, VC Grid, 100 unicorns, and angel investors such as Ankur Warikoo, Real Ispat Group, and Kedar Lele. Entrackr reported. UC Inclusive and Capsave Finance also participated in this funding round. 

The company plans to use these fresh proceeds to scale its operations, launch new solutions for the metal manufacturing sector, expand its services, and develop its market presence. The software startup provides multiple products including electrical, power tools, and industrial bearings. Now Purchase procures raw materials through its metal cloud platform and recycling services to benefit metal manufacturers.

The company intends to use some of the new funds for a network of scrap processing centers and to launch private labels. The SaaS firm aims to help the metal manufacturing industry using artificial intelligence and metacloud as foundational operating systems. The startup has raised around 2.69 million USD across multiple funding rounds since its inception, including $2.4 million raised during its seed funding round from Orios Venture Partners.

The company uses advanced technologies to provide users with a WhatsApp bot to provide detailed prices and stock in real-time. The Now purchase team also offers on-ground services and quality assurance. The SaaS platform optimizes the metal manufacturing process.

This investment will enable the startup to improve its platform capability and introduce new solutions. The cutting-edge technology enhances the personalized feed and elevates the unique strengths of the manufacturing process. The Metacloud platform acts as an operating system to improve efficiency and transparency in metal production and melting process.

The startup claims to have served over 250 factories across the metal supply chain including major corporations such as Brakes India, and Titagarh Rail Systems. Before, this round the company was valued at $10 million. The startup will use some of this investment to enhance its resources, advance its technologies, innovate its services, and improve its platform to offer the best procurement solutions.

This funding will enable the startup to provide software solutions globally. The development came just after the metal procurement ecosystem saw increased investor interest. The company faces competition from companies like OfBusiness and MetalBook.

Conclusion :

The SaaS startup Now Purchase secured 6 million USD in its ongoing equity and debt funding round from Info Edge Ventures with the participation of VC Grid, 100 unicorns, and other angel investors. The startup intends to use fresh capital to scale its operations, expand its offerings, development of private labels, launch new services, and develop a market presence.

The company procures raw materials through scrap recycling services. The Metacloud SaaS platform acts as a foundational operating system for metal manufacturing. The platform allows metal manufacturers to enhance the transparency and efficiency of metal melting and production processes. The startup competes with other platforms in the same market segment including OfBusiness. 

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Certus Core, a Tampa-based startup awarded a $1.25 million U.S. Air Force contract for data software https://www.scoopearth.com/certus-core-a-tampa-based-startup-awarded-a-1-25-million-u-s-air-force-contract-for-data-software/ Thu, 05 Sep 2024 12:51:12 +0000 https://www.scoopearth.com/?p=344430 Certus Core, a Tampa-based startup, has been selected for a $1.25 million deal with the US Air Force on its new Semantic Knowledge Graph (sKG) software. This great achievement highlights how the company has been with solutions to data-related issues within the national security industry. The acquisition was conducted under the Small Business Innovation Research (SBIR) Phase II Program supported by AFWERX a technology directorate of the Air Force Research Laboratory.

Aim of Certus Core

Certus Core was established by Jake Dyal and Casey Johnson, and the company has decided to focus on the issues of data structures and the creation of generative AI in the context of national security. The Semantic Knowledge Graph software formulated by the company aims at combining and interpreting massive information to improve business decisions.

The U.S. Air Force struggles with managing and leveraging the large quantity of data that is collected throughout organizations. Most conventional data management systems have problems including isolated data sets, poor integration, and high costs in data analysis. Certus Core’s sKG software solves these problems by establishing a single, coherent data architecture that supports integration and analysis.

Usage of Funds

The $1.25 million contract will be used more systematically to enhance and implement Certus Core’s sKG software in the Air Force. This includes improving the functions of the software, procuring additional manpower to work on the project, and intensive tests to meet higher standards of national security projects. The software shall be of immense help in solving the Vendor Threat Mitigation issue, a key issue in Air Force and national security domains.

Data Challenges with AI and Machine Learning

Certus Core’s solution, the sKG software incorporates AI and machine learning to develop a competitive data management system. The software also allows the Air Force to ask prompt-based questions within the data consumer platform while maintaining their current analyses. This integration is a great advantage for the Air Force as it increases the ability to perform analyses in a faster and more efficient way.

Casey Johnson, the VP of Business Development at Certus Core, pointed out the problem of data silos and the need to use machine learning and AI in both private and government organizations. In turn, Certus Core’s sKG software was developed to improve these traditional approaches to deliver clearer and richer insights to enhance organizational decisions and plans.

Innovative Approach and Potential 

The successful implementation of the sKG software from Certus Core in the U.S. Air Force may well translate to broader application to other departments in the military or governmental institutions. Data protection and the application of artificial intelligence technologies will be a game-changer for national security organizations with the company’s help.

Certus Core’s accomplishment also underscores the need to encourage small businesses and startups to produce advanced technologies for the nation’s security. The SBIR program through which this contract was awarded, is important in promoting innovation and allowing small businesses to participate in important national security initiatives. 

Conclusion

Certus Core’s $1.25 million contract with the U.S. Air Force is a major achievement for a Tampa-based startup. Through the SKG, the company affirms that it will transform how data is managed in the context of the national security domain, solving key problems and improving decision-making. Due to partnering with the SBIR program and AFWERX, Certus Core is prepared for significant contributions toward national security and beyond.

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Notion’s $10B journey: Innovation meets determination https://www.scoopearth.com/notions-10b-journey-innovation-meets-determination/ Sat, 31 Aug 2024 09:46:09 +0000 https://www.scoopearth.com/?p=344340 The software as a Service (SaaS) market has been growing steadily and the success story of Notion Labs Inc. can be an epitome of success in this realm where they went from a start-up to being valued at $10 billion. The Notion is in the right place to maintain its growth rate. The company anticipates the need for investment to enhance customer experience and success which will increase its installed base. The company has been laid on solid ground and the vision mapped out for Notion putting it strategically to be the kind of SaaS company that is yet to be witnessed in the market. 

Image Source: Notion 

 

Early Days of Working at Notion

The Notion was initially launched in 2013 by Ivan Zhao and Simon Last with the idea of transforming the work teams organize their teamwork. However, the first trip was a little tiring due to several hitches. With the first version of their application, they chose an improper tech stack and struggled with constant application failures, which even threatened the shutdown of the company. When their angel investment touched the cor, Zhao and Last had to lay off their employees and shift base to Japan to start from scratch and redesign their platform and code it.

Winning First Place in Product Hunt

Zhao and Last did not give up their plans immediately after the downturn in the early stage of the project. They strived to develop an easily navigable, personalizable interface that would best suit each of its users. This approach proved fruitful when Notion 1.0 was an app created in 2016 that received top rankings with Product Hunt and #1 Product of the Day. This was due to features and versatility made the platform an instant hit among people.

Notion increased its features and added new options when the client base and its needs were gradually increasing. By 2018, Notion 2.0 had also been awarded Product Hunt’s #1 Product of the Day and the road to its success again went viral through word of mouth. Notion celebrated a major achievement in 2019 where it boasted of having at least one million users from across the globe.

Notion’s Growth of Becoming a Unicorn

Notion’s growth path was further advanced by effective financing methods and targeted advertisement plans. It expanded into new territories and attracted more viewers, bringing its value to $10 billion during the previous funding round. It culminated in this voracious masterpiece through innovative product development strategic management decisions and strict adherence to the principles of user-centered design.

Innovation and Strategic Decisions

The self-developed technology has been central to Notion’s growth. Covey has become an essential tool for various teams in different industries due to its purpose of uniting many productivity tools in a flexible workspace. Organizing business information according to Notion’s interface has been well-received, and as many as ten thousand organizations worldwide use Notion, including IBM and Samsung.

The story of Notion is also the story of the struggle. The decision of the founders to start building the platform from scratch in Japan, which had some financial and operating costs, also points to their eagerness and dedication to their mission. Keeping up with it has been pivotal to Notion and other strategic movements such as providing user experience and venturing to new markets.

Conclusion

Notion’s $10 billion story is one of innovation, focus, and grit, and the company is a testament to the power of strategic decision-making. The journey of Notion from when it started and how it reached its position in the current market should be told and emulated by all business and aspiring entrepreneurs. Therefore, as the company progresses and continues to diversify its business, it will continue to be a major participant in the productivity software market. 

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Salesforce Strengthens Ecosystem with PoS Startup PredictSpring Acquisition https://www.scoopearth.com/salesforce-strengthens-ecosystem-with-pos-startup-predictspring-acquisition/ Sat, 03 Aug 2024 09:15:27 +0000 https://www.scoopearth.com/?p=343720 Salesforce, an innovational customer relationship management (CRM) software company, has made a major move to boost its solutions for the retail market. This new partnership involves the signing of a definitive agreement to acquire PredictSpring, a modern retail Point-of-Sale (PoS) software company

Empowering Retail Operations

PredictSpring was established in 2013. It is a cloud-based PoS software solutions provider company. It has already positioned itself as the existing Salesforce ecosystem partner incorporated as Commerce Cloud and Service Cloud. At the same time, PredictSpring’s PoS systems allow store associates to connect with the customer and perform the actual checkout using mobile devices from anywhere within the store. It also improves the quality of service delivery to the customer and reduces bureaucracy.

The described technology from PredictSpring helps to manage ordinary operations in stores, including order taking. It retains comprehensive records of clients for accurate and tailor-made communication. Customers can probably use electronic means to place an order for items that are not stocked for sale in the store. 

Image Source: PredictSpring  

Investment and Talent

By purchasing PredictSpring, Salesforce seeks to strengthen and expand its Customer 360 offering. This process will further enhance the speaker’s presence in the retail market. Salesforce dyna, coupled with PredictSpring, will enable brands and retailers to deliver seamless and relevant experiences at every stage. PredictSpring, which has a team of about 31 employees, will be absorbed under Salesforce. These new resources will support its retail-oriented strategies. 

PredictSpring’s technology integrates with Salesforce’s existing offerings

Using Salesforce’s current products, PredictSpring’s technology will complement and strengthen the company’s offerings in the retail industry. It is understood that PredictSpring’s mobile Point-of-Sale (PoS) systems are to be connected to Salesforce’s Customer 360. They have ensured that there is visibility of the customer interactions across all channels, thus personalizing customer engagements. The PWA approach of PredictSpring resonates with Salesforce’s mobile commerce perspective. This means that through the introduction of PoS solutions from PredictSpring, Salesforce can effectively assist retailers with mobile checkouts.

Store fulfillment and client profile are some of the features that are present in PredictSpring which will enhance the features present in Salesforce. Data and insights can enhance inventory management and provide tracking of order fulfillment and personalized services. The acquisition will see Salesforce continuing to work with the whole PredictSpring team due to their wealth of experience in retail technology. These new talents shall foster this innovation and enhance quicker product delivery.

Impact on Existing PredictSpring Customers

Salesforce will complement the features that are offered by PredictSpring to deliver an even better experience. Predict progress in mobile PoS, store replenishment, as well as client interfaces. The change should be seamless since PredictSpring works with Salesforce’s Commerce Cloud and Service Cloud. Customers can continue using tools with which they are comfortable. The integration will give a one-stop overview of customers’ engagement across touchpoints. Businesses can provide customers with unique solutions relying on extensive information. Salesforce also aims to keep all members of the PredictSpring team intact. This continuity also ensures customer support and service for the existing customers are not compromised.

Conclusion

The acquisition of PredictSpring makes a lot of sense in this context, as it enhances Salesforce’s focus on innovation and solutions that benefit customers. In this changing retail environment, monitor how this particular strategy contributes to the development of retail technology. This acquisition makes sense for Salesforce because it has enabled it to expand its offering in the retail segment while also adding value to its customers through PredictSpring’s capabilities. 

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Bloq Quantum, A Quantam Software Startup Secured Rs 1.3 Crore In Its Pre-Seed Funding Round From Inflection Point Ventures  https://www.scoopearth.com/bloq-quantum-a-quantam-software-startup-secured-rs-1-3-crore-in-its-pre-seed-funding-round/ Thu, 01 Aug 2024 10:19:05 +0000 https://www.scoopearth.com/?p=343655 Thursday, 1 August 2024, Bengaluru, India

Bloq Quantum is an artificial intelligence-powered quantum software startup that secured Rs 1.3 crore  from Inflection Point Ventures in its pre-seed funding round. The funding round saw the participation of several new and existing investors. The startup plans to use this fresh capital to scale its operations,  product development, increase its workforce, and business growth. The company will use some of this investment to improve its AI capabilities, quantum algorithms, and overall platform functionality.  

The software startup provides a platform to simplify enterprise adoption of quantum computing with low-code requiring and user-friendly interface. The company currently works with various technical companies while offering its services to clients worldwide. The Kerala startup provides its services globally and offers quantum computing solutions.

Bloq Quantum previously secured 95.8k USD in a funding round from its existing investors. The platform claims to make development 10 times faster and easier by providing algorithms for any use case with simple inputs. The application uses quantum insights to gain valuable business insights such as technical feasibility, potential use cases, and risk assessments. The startup allows users to run algorithms in any quantum hardware platform ensuring maximum flexibility and efficiency.  

The company offers a platform that collects quantum insights and provides users with interactive,  adaptive, and robust personalized quantum code. The platform uses advanced technologies and artificial intelligence to accelerate enterprise adoption and make quantum computing easier to use.  The company provides solutions to enhance accessibility and improve user outcomes. The startup’s key offerings include BloqEnterprise, which is a bitcoin router platform with associated llibraries. BloqSuite, blockchain infrastructure software, and BloqThink which is a consulting service and architecting service prototype platform for enterprises. 

The quantum software startup was founded by Sreekuttan L S & Jay Patel to make the adoption of quantum computing easier for enterprises. According to market research, the quantum computing sector is expected to grow at a CAGR of 36.89 percent and increase in market size. The global quantum computing market was valued at around $10.12 billion in 2022 and it is predicted to grow and reach  125 billion in the next six years. The development came just after the quantum software startup ecosystem saw increased interest from investors. The company faces competition from other startups in the same segment such as R3 and Solana. 

Conclusion: 

The AI-driven quantum computing startup Bloq Quantum secured Rs 1.3 crore in its pre-seed funding  round led by Inflection Point Ventures with the participation of various new and existing investors. The startup intends to use these fresh proceeds to scale its operations, enhance its platform, and improve its platform and AI capability.

The platform aims to make quantum computing easier with a low-code interface for enterprises. The company previously secured $95.8k in funding from its existing investors.  The company provides three key offerings including BloqEnterprise, BloqThink, and BloqSuite. The quantum computing sector is predicted to increase and reach $125 billion by 2030.

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Vardhan Group invests ₹1 crore in AI Tech platform BoostMyChild https://www.scoopearth.com/vardhan-group-invests-1-crore-in-ai-tech-platform-boostmychild/ Sat, 06 Jul 2024 09:32:50 +0000 https://www.scoopearth.com/?p=342582 BoostMyChild, an AI tech platform, has recently received a new investment of ₹1 crore from Vardhan Group, an investment firm that seeks innovation. It shows their desire to develop a culture of innovation and to endorse advanced solutions in the learning domain.

Vardhan Group

Image Source: The Bridge Chronicle 

Vision and Mission of BoostMyChild

BoostMyChild is an AI software for the improvement of the learning process for children aged up to 6 years. Thus, BoostMyChild has a noble goal of protecting children, respecting them, and providing growth opportunities. They seek to help parents enrich their child’s success through tools and information to guide them.

Being an advocacy organization aimed at combating child abuse and violence, BoostMyChild offers awareness and education to achieve its goals. Thus, using technology and with the help of specialists, they develop a comprehensive program for the children’s early stages. Their focus on child welfare and learning informs their unique system.

Use of AI on BoostMyChild Platform

Parents who use BoostMyChild can achieve better outcomes in children’s education and development due to the help of artificial intelligence (AI). Instead, BoostMyChild applies AI algorithms that help personalize the results according to the student’s performance in different developmental domains. This can be done over several years and monitors progress in 21 specific skill areas that give an overall picture of the child’s development.

AI determines areas in which a child excels or has difficulties, which parents can use to build upon those strengths. Overall, BoostMyChild seeks to enhance these aspects by designing learning paths that will be suitable for every child. There are some points on the platform that identify that a child could require extra attention or help. Students receive advice and parenting advice to raise their low-performing abilities.

Through our AI-based approach, parents can be guaranteed that their child has a sound development. It covers six focus areas: Gross Motor Skills, Fine Motor Skills, Understanding, Speaking and Listening, Emotional well-being, Reasoning Skills, Factual Knowledge, and Self-Expression. Using their algorithms, BoostMyChild has enlisted the services of educators, pediatricians, and child psychologists.

It integrates the theoretical knowledge derived from the studies with real-life experience that can help parents efficiently. With the core goal of helping parents raise successful children, BoostMyChild uses artificial intelligence to assist in guiding and monitoring general progress in important areas of development.

Tailored Learning and Scalability

Every student’s performance is evaluated, and the strengths and weaknesses are determined and used to adapt to the program. The system appears to be designed to address students’ learning styles, which can enhance learning achievements considerably. The CEO of BoostMyChild stated that the company will use the fund to grow its business, acquire more clients, and enhance its algorithms. Relying on the support of Vardhan Group, the platform’s goal is to expand coverage and reach as many students, parents, and educators as possible across India.

Mission of Vardhan Group

The investment made by Vardhan Group embodies its passion to serve the future generation through the use of technology. They understand that the use of AI in education is a possibility for the future and that they should contribute to BoostMyChild’s development.

Conclusion

The partnership between Vardhan Group and BoostMyChild demonstrates the synergy between investment management and educational ventures. This strategic partnership is timely matured as AI progresses a new form of learning and education.

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Six Ways to Keep Your Low Google Drive/Cloud Storage Issues in Check  https://www.scoopearth.com/ways-to-keep-your-low-google-drive-cloud-storage-issues-in-check/ Mon, 12 Jun 2023 10:18:26 +0000 https://www.scoopearth.com/?p=281596 Monday, 12 June 2023, Bengaluru, India

From kids to adults, people using Google for storage solutions are many. Google provides 15GB of cloud storage with each Google account and an option to increase the storage capacity. This storage solution provided by Google applies to every service, including Gmail, Photos, Docs, Sheets, Drive, and more. With so many things stored in the Google account, it becomes hard to keep track of the cloud storage available readily. With the 15GB storage capacity available, it soon runs out, and there is a need for other storage solutions. 

With Google Cloud storage running out faster than ever before, it is important to have another option for a storage solution, or one can always get extra storage options from Google by spending some money. But who wants to spend money on storage? Literally, no one. Hence, it is always to keep track of what’s being stored in Google’s Cloud storage facility. Here are eight simple steps to track your Google Drive/Cloud storage facility to manage your Cloud storage. 

Knowing your Drive storage facility-

Understanding Google’s storage facility is the first step in managing your Drive/Cloud storage options. One can do this by guiding themselves to the “Storage” option on the Google Drive website. Here, people can view a simplified breakdown of their storage usage. With a detailed breakdown of the storage usage, one can take necessary actions and make good use of Google Drive’s Cloud storage solutions. 

Deleting files from the Trash folder- 

Google Drive’s Cloud storage solutions are very creative and offer great features. One such feature is the Trash folder. When a user deletes any files from Google Drive, it automatically stores them in the Trash folder in the Drive. These files are stored there for a good 30 days after deletion. Users may not have any idea of this, but it also counts for the storage space being used in Drive. After careful steps, one can delete the files in the Trash folder to get more storage. 

Though the files in the Trash folder get automatically deleted after 30 days, it is advised to delete them manually. 

Getting rid of Gmail attachments and G-Meet recordings-

Gmail is Google’s email service platform that helps us send and receive mail. Sometimes the emails we receive have attachments. Though typical emails take up less than a megabyte of storage, it is the emails with attachments that take up most of the storage. It is advisable to delete these emails once the user has downloaded the attachments. 

Google Meet recordings are also a part of your Google Drive storage space. So, delete them if not needed, or download them and delete the recordings. 

Google Photos backup and compressing files-

If a user has signed in to their smartphone using a Google account, they are bound to use the Photos app, if not the phone’s gallery app. The Photos app continuously backs up all the photos and videos in the gallery in the Cloud storage. There are settings in the Photos app that lets the user choose which folder to back up, which is a great customization. There are different options to choose from on how to back up the photos and which folders to back up.

It is also advised to compress large files before uploading to Google Drive. Be it a video or a document, compressing it into ZIP or RAR files saves a lot of storage and doesn’t alter any content. 

Using Google’s tool to clean storage-

Google has a tool to clean storage that it thinks is not of any use to the user. Just copy this link – ‘https://one.google.com/u/1/storage’ in your browser and use the tool to delete unwanted files. 

Make sure how many people use your Google Drive storage solution-

It is possible family members share a single Google Drive storage solution, and that can create a lot of storage problems. It is always good to check if the family members use too much storage. It is only respectable to ask the member to delete some unused data which can release some storage in the account. 

Source – Gadgetsnow

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