Contiinex raised $2 Mn in Pre-Series A round from YourNest and Refex Capital The startup plans to use the funds to strengthen its tech team and expand its presence in the US market Its generative AI based offerings can analyse voice files to assist agents and provide post-call quality audit automation to identify key insights Speech AI startup Contiinex on Thursday said it has secured $2 Mn in Pre-Series A round from YourNest and Refex Capital.  The startup plans to utilise the fresh capital to strengthen its tech team and expand its presence in the US market, it said in a statement. Founded in 2020 by Prateek Mehta and Vijay Krishna BS, Contiinex operates in the speech AI segment. It analyses voice files and helps businesses understand their customers better and make strategic business decisions. Currently, the startup works in insurance and healthcare sectors, and plans to foray into the retail and banking segment soon. The startup aims to capture the English-speaking global speech market with its proprietary speech-to-text engine and large-language model driven Contiinex Open Framework for Insights (COFI).  Contiinex is also looking to expand its generative AI product offerings to address the space of unstructured data across all mediums like voice, chat, email, videos and visuals. Commenting on the funding round, Prateek Mehta, CEO of Contiinex, said, “This investment will go a long way in setting a strong base for Contiinex in the global market across business verticals of healthcare and insurance with two of its flagship gen AI offerings.”  The startup offers two products currently – AgentNex and AuditNex. AgentNex enables live agent assistance, prompting them with the next set of questions to be asked or supporting them in answering the questions posed by the customers. On the other hand, AuditNex does post-call quality audit automation, identifying the key insights for process improvement or supporting the agents with key training needs. With increasing dependence on process automation across industries, a number of AI-based startups have caught investors’ attention recently. Kapture CX, a competitor of Contiinex, raised $4 Mn in July to expand its presence in international markets, enhance its product offerings and strengthen its team.  Recently, AI powered skill development platform Disprz bagged $30 Mn for global market expansion and product development, including integrating generative AI across the learning and skilling cycle.

Smartphone maker iQoo has announced the appointment of its first chief gaming offer. iQoo has appointed Shwetank Pandey as the chief gaming offer after a nationwide search of 3 months. Shwetank was appointed after a rigorous selection process that spanned across criterions of gameplay, gaming knowledge, and personality and communication skills. Nipun Marya, CEO, iQOO said, “This is an iconic moment in the Indian Smartphone industry and we are over the moon to have found the person who embodies our vision for this role. The DNA of iQOO is to bring in ‘I Quest On and On’ and Shwetank was never short of his peak performance across all rounds of the hunt. With him joining us, we intend to drive a more dynamic and fresher perspective to our products and initiatives for the younger gaming enthusiasts in the country. All of us at iQOO are excited to have him on board, and we are confident that he will excel in fulfilling the duties aligned for him.”The smartphone maker revealed that Shwetank will now be working closely with the leadership team at iQOO and will be assisting in sharing gaming insights to build a complete smartphone package for gamers. Not only that, he will also get an opportunity to collaborate with top gamers across India, all this while earning a remuneration of Rs 10 Lakhs. In addition to the Chief Gaming Officer role, iQOO has also appointed 2 zonal CGOs to the dynamic team. Aojesh Shrivastava from Delhi and Battu Nikhil Reddy (Shoutout YT), Hyderabad. They will be working directly with Shwetank. They will earn a compensation of Rs 2.5 lakh each for their pivotal roles.

TikTok, the popular short-video app has once again come under international scrutiny. Worries have emerged regarding its Chinese ownership and the potential for Beijing to misuse it for collecting data on users from Western countries or spreading pro-China narratives and misleading content. A new online report revealed that New York City has decided to ban TikTok from the city-owned devices used by BYC employees. As reported by The Verge, New York City is banning TikTok from the city-owned devices and it has also asked various agencies to remove the app within the next 30 days. The report reveals that the New York City Cyber Command mentioned that TikTok is a security threat to the technical networks of the city. The city employees are now not allowed to download or use the TikTok app on the city-owned devices. Along with this, the employees are also not allowed to access the TikTok website of the devices. TikTok was previously prohibited on devices issued by the state of New York, yet certain employees managed to continue its use for marketing objectives.“While social media is great at connecting New Yorkers with one another and the city, we have to ensure we are always using these platforms in a secure manner. NYC Cyber Command regularly explores and advances proactive measures to keep New Yorkers’ data safe,” a NYC City Hall spokesperson told The Verge. Legislators within the US government have been supporting a proposed law that could lead to a TikTok ban across the entire nation. Apprehensions have arisen regarding the storage of US TikTok data in China. FCC chairman wants the world to ban TikTokRecently, the United States (US) Federal Communications Commission (FCC) Commissioner Brendan Carr praised India’s approach of dealing with Chinese apps through a complete ban. In an interview with the Economic Times, Carr said that India’s early and thoughtful approach to insecure Chinese apps set a standard that the rest of the world should adopt. “Apps that are ultimately beholden to the Communist Party of China have a proven track record of surreptitious data collections and accessing more data than necessary for the app to function. None of that can be separated from the broader security threats posed by those apps,” said Carr. In June 2020, India implemented a ban on TikTok and more than 50 other Chinese applications. Subsequently, additional bans on several other Chinese apps were enforced in the subsequent months. In total, the nation has prohibited the usage of over 100 Chinese apps.

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Of the total estimated cost, the centre will infuse INR 20,000 Cr into the project The initiative will support bus operations in select cities for a period of 10 years The project is expected to generate 45,000 to 55,000 direct jobs The Union Cabinet on Wednesday (August 11) approved a new scheme under which 10,000 electric buses (ebuses) would be deployed in 169 cities on a public-private partnership (PPP) model.  Called PM-eBus Sewa, the scheme will have a total estimated cost of INR 57,613 Cr. Of this, the Centre will offer INR 20,000 Cr. The initiative will support bus operations in select cities for a period of 10 years. The initiative will cover cities with a population of more than 3 Lakh people, encompassing all capital cities, the North-Eastern region and hill states. The scheme will prioritise cities with no organised bus service. As per an official statement, the government said that the project will generate anywhere between 45,000 to 55,000 direct jobs via the deployment of ebuses.  The project will be divided into two segments. While Segment A would see the deployment of ebuses in 169 cities, Segment B will entail the upgradation of related infrastructure in 181 cities.  Segment A has been envisaged with augmenting bus operations in the city. In addition, the government believes that associated infrastructure connected with the deployment of buses will provide support for the development of depot infrastructure and the creation of behind-the-meter power infrastructure (such as substations) for ebuses. Meanwhile, Segment B, which has been termed ‘Green Urban Mobility Initiatives’ (GUMI), will cover 181 cities. These initiatives aim to create allied green infrastructure such as charging infrastructure, multimodal interchange facilities, and NCMC (National Common Mobility Card)-based automated fare collection systems, among others initiatives.  Under GUMI, state (or city) authorities would be the nodal agencies for operating the ebuses and making payments to bus operators. Meanwhile, the Centre’s role will only be restricted to offering subsidies for bus operators under the scheme. As per the government, the project will give a major boost to the promotion of electric mobility and will accelerate the proliferation of energy-efficient electric buses in the country. The scheme also aims to foster innovation in the e-mobility sector and to fuel the development of a resilient supply chain for electric vehicles. “This scheme shall also bring in economies of scale for procurement of electric buses through aggregation for ebuses… Adoption of electric mobility will reduce noise and air pollution and curb carbon emission…. Modal shift due to increased share of bus-based public transportation will lead to GHG (greenhouse gas) reduction,” an official statement read.  The development comes amid reports that the government has prepared the first draft of the FAME-III scheme, with a proposed outlay of INR 40,000-50,000 Cr. The scheme is expected to provide substantial allocation to support the adoption of electric buses. Not just this, state-backed agencies have pumped thousands of crores into local ebus manufacturers to spur the adoption of electric mobility in the country.  

iOS 17 is bringing some nifty new features to iPhones; among them are some changes to the Phone app, including Contact Posters, live voicemail transcriptions, and a position for the ‘end call’ button, which had been moved from the centre of the screen to the right. Now, the ‘end call’ button has been moved back to the centre, after it caught some flak from users over the last week. The ‘end call’ button is back to its usual centre position in the iOS 17 sixth developer beta and fourth public beta.In the latest betas, the end call button has been repositioned to a more central location, similar to iOS 16, but it is still surrounded by other call actions, which were previously separate. So, there might not be much muscle memory training needed once the iOS 17 update drops in the fall. However, those using the iOS 17 beta for a few weeks now, who would have adjusted to the new layout, would have to train their muscle memory again.Apple often releases beta versions of their software to test for bugs and gather feedback. It is not necessary that these changes will show up in the final version and may undergo changes based on user feedback. In iOS 17, Messages is receiving numerous new features such as Live Stickers, audio message transcription, and Swipe to Reply. However, Apple has redesigned the way users interact with iMessage apps by hiding the app list under a “+” button that expands when tapped. The Camera and Photos buttons are also hidden under this menu, making it more difficult to access these features that previously had their own shortcuts.Sending a photo now requires extra taps. Despite this, Apple has added a discreet shortcut to alleviate this issue. By tapping and holding the “+” button, iMessage will automatically show the Photo Picker.iOS 17 is set to release in September alongside the iPhone 15.

Samsung shipped its latest foldables – Galaxy Z Flip5 and Galaxy Z Fold5 with One UI 5.1.1 custom user interface. SamMobile has reported that the company has announced the rollout of the update for older-generation foldable smartphones. Along with this, the older-generation Galaxy Watches will also receive the One UI 5 update. Devices that will receive the updateAccording to the report, Samsung will roll out the update to older generation foldable smartphones. This includes Galaxy Z Fold4, Galaxy Z Flip4, Galaxy Z Fold3, Galaxy Z Flip3, Galaxy Z Fold2 and Galaxy Z Flip2. The update will start rolling out in August for Galaxy Z Fold4 and Galaxy Z Flip4. The other models will receive the update down the line. The One UI 5 will roll out for Galaxy Watch 5 series and Galaxy Watch 4 series. Select Samsung tablets are also set to receive the update. Here’s a list of all the tablets:Galaxy Tab S8, Tab S8+, and Tab S8 UltraGalaxy Tab S7, Galaxy Tab S7+, and Galaxy Tab S7 FEGalaxy Tab S6 LiteGalaxy Tab A8Galaxy Tab A7 LiteGalaxy Tab Active 3 and Galaxy Tab Active 4New features older foldables are set to getWith the rollout, the older foldable smartphones are set to receive a couple of features that are available on the Galaxy Z Fold5 and Galaxy Z Flip5 devices. Customizable toolbar for Flex Mode panel.Multi Window mode allows using two apps simultaneously without interrupting media playback.Hidden pop-up feature for Z Fold4, Z Flip5, and Tab S8 devices.Pop-up view to multi-window lets users switch from pop-up apps to two apps on the screen.Two-handed drag and drop for selecting and moving multiple files.Feature extends to Galaxy foldables and tablets.

Long-term disability claims can be a nightmare for businesses to navigate. If not handled properly, these cases could result in costly settlements, long-drawn legal battles, and an inevitable blow to your business’ reputation. Knowing your rights as an employer is essential for long-term disability, and having the correct knowledge about the procedures involved makes all the difference in managing a successful claim. This blog post will provide key insights about legal matters related to long-term disability claims. We’ll cover topics such as understanding employee benefits coverage, dealing with fraudulent claims, protecting yourself from litigation risk, and more! What is Long-Term Disability and Who is Covered Under It Long-term disability (LTD) is insurance meant to protect individuals who cannot work due to illness or injury for an extended period. While short-term disability typically covers the first few weeks or months, LTD provides coverage for longer periods, sometimes up to retirement age. LTD coverage may be offered through an employer as part of a benefits package, or individuals can purchase it independently. While the specifics of LTD policies vary, individuals who cannot perform their occupation duties due to medical reasons are typically covered. This can include physical disabilities, mental health conditions, and chronic illnesses. Preparing for long-term disability coverage can help provide financial security during difficult times. The Employer’s Role in Handling Long-Term Disability Claims Companies are responsible for supporting their employees through life’s challenges, including long-term disability. The employer’s role in handling long-term disability claims is crucial in ensuring that the process is handled efficiently and effectively. Employers must know about policies, procedures, and legal obligations to ensure their employees receive fair and just compensation. Additionally, companies can proactively prevent disability claims by supporting a workplace culture of health and wellness. By prioritizing employee health, employers can minimize the risk of long-term disability and ensure their workers are equipped to navigate any challenging health situations. The Laws and Regulations Governing Long-Term Disability Claims Long-term disability claims can be a complex and overwhelming process for anyone. However, understanding the laws and regulations behind these claims is crucial for claimants and insurers. The regulations governing long-term disability claims constantly evolve, sometimes making it difficult to keep up. But by seeking the advice of professionals who specialize in this area, claimants can put themselves in a better position to get the benefits they need to stay financially stable during a difficult time. As for insurance companies, they must ensure they are adhering to the proper regulations to avoid any legal issues down the road. Knowing the laws and regulations surrounding long-term disability claims can provide peace of mind for all parties involved. Understanding the Requirements to Qualify for Long-Term Disability Benefits Long-term disability benefits can be a financial lifeline for those who can no longer work. However, only some are eligible to receive this assistance. Understanding the requirements to qualify for long-term disability benefits can be complex and overwhelming. Typically, you must have a disability that prevents you from performing your job duties and will last for a substantial period. In addition, your medical condition must be well-documented and supported by medical evidence. A thorough understanding of the eligibility criteria and seeking professional guidance can increase your chances of securing long-term financial support when needed. What Documents are Required When Making a Claim for Long-Term Disability When claiming long-term disability, having all the necessary documents is crucial. The first thing you’ll need is a copy of your disability insurance policy, which outlines the terms and conditions of your coverage. You’ll also need a completed claim form, which typically includes information on your medical history, your current condition, and how your disability has affected your ability to work. Other documents that may be required include medical records, financial statements, and proof of income. It’s essential to keep in mind that every insurance company has its requirements for documenting a disability claim, so it’s a good idea to check with your provider to make sure you have all the necessary information. By staying organized and prepared, you can make filing a long-term disability claim go as smoothly as possible. Common Challenges When Filing a Claim for Long-Term Disability Benefits Filing a claim for long-term disability benefits can be a daunting task for anyone. It can be challenging to navigate the complex process, and there are many challenges that claimants may face along the way. One of the most common challenges is proving your disability and showing how it impacts your ability to work. Insurance companies often require extensive documentation and medical records to support your claim. Another common challenge is the insurance company’s denial or delay tactics. Despite paying premiums for years, many claimants find their insurers unwilling to pay out on their policy. As frustrating as it may be, staying persistent and fighting for the benefits you are entitled to is important. Overall, filing a claim for long-term disability benefits is not an easy process. Still, with the right help and support, overcoming the challenges and securing the benefits you need is possible. Overall, long-term disability can offer a critical financial lifeline to many. However, the process to successfully making a claim can take time and effort. This is why individuals must be informed of their rights and understand all the requirements to qualify for long-term disability benefits. Some particular laws and regulations govern long-term claims, making it necessary for employers to play an active role by providing important documentation and guiding employees through developing their claims. It also benefits individuals filing the claim if they have a clear understanding of what documents are required when making a claim, as well as potential challenges that could arise along the way. The vast majority will encounter no issues in this process, but building an understanding of these nuances associated with filing for long-term disability may save you from experiencing any unnecessary surprises or delays in claiming your benefits.

The startup cells have been set up in Ahmedabad, Bengaluru, Coimbatore, Chennai, New Delhi, Gurgaon, Guwahati, Hyderabad, Kanpur and Mumbai These cells will offer a gamut of services to startups including payment gateways, corporate credit cards, credit facilities as well as the existing products of the bank Indian Bank’s startup cells will also have dedicated relationship managers to ‘build lifecycle engagement’ with local startups Public sector bank Indian Bank has reportedly established 10 startup cells across the country to cater to the specialised requirements of the ecosystem.  As per news agency PTI, these cells have been set up in Ahmedabad, Bengaluru, Coimbatore, Chennai, New Delhi, Gurgaon, Guwahati, Hyderabad, Kanpur and Mumbai. Earlier this week, Indian Bank managing director and chief executive officer (CEO) Shanti Lal Jain inaugurated the Chennai cell in-person and the other nine cells virtually.  “The launch of the startup cells is a major milestone in Indian Bank’s journey to support the growth of the startup ecosystem in India,” said Jain.  Indian Bank’s startup cells will offer a suite of tailor-made banking products and solutions to homegrown startups. As per the report, these centres will offer a gamut of services including payment gateways, corporate credit cards, credit facilities as well as already existing products of the bank as per specialised banking requirements of startups.  In addition, these cells will also have dedicated relationship managers for startups to ‘build lifecycle engagement’ with local entrepreneurs. The bank reportedly also said that it has launched a customised credit offering for startups. With this, Indian Bank joins a growing league of financial institutions offering dedicated products for startups. While the country’s biggest bank State Bank of India (SBI) already operates a dedicated branch for startups in Bengaluru, other institutions such as Bank of Baroda, IDFC First Bank and RBL Bank also offer such niche products.  Experts opine that such dedicated branches are better equipped to study the technology risk of new-age startups and have better resources to evaluate the product-market fit of an upcoming business. These centres also enable startups to access formalised credit, which is generally scarce as banks shy away from untested business models.  However, with the launch of the Centre’s Credit Guarantee Scheme for Startups (CGSS), many banks have come forward to offer loans to startups. Meanwhile, dedicated branches also enable banks to tap into potential big ticket startups which could later bring big business to a financial institution.  As the world’s third-biggest startup ecosystem grows in size, banks appear eager to cash-in on the burgeoning space and add parallel revenues streams. On the other hand, startups get access to specialised offerings catering specifically to them.

The extended scheme will boost the homegrown digital economy, drive digital access to services and support the local IT and electronics ecosystem, IT Minister Ashwini Vaishnaw said The government will also roll out AI-enabled multi-language translation tool, BHASHINI, in all 22 scheduled languages The government will establish three CoEs in the area of AI, catering to health, agriculture and sustainable cities The Union Cabinet on Wednesday (August 16) approved the expansion of the Digital India initiative and earmarked a total outlay of INR 14,903 Cr for the scheme.  The announcement was made by Union IT Minister Ashwini Vaishnaw during a press briefing in New Delhi. Speaking to reporters, said that the expansion of the scheme will boost the homegrown digital economy, drive digital access to services and support the country’s IT and electronics ecosystem. The government has also announced a slew of sops for startups under the expanded Digital India scheme. The higher outlay will go towards backing 1,200 startups in the Tier-II and Tier-III cities. Besides, the centre will also establish three Centres of Excellence (CoEs) in the area of artificial intelligence (AI) catering specifically to health, agriculture and sustainable cities.  The revamped scheme will also deploy the outlay towards Bhashini, the AI-enabled multi-language translation tool. The AI service will be rolled out in all 22 scheduled languages from 10 currently. The Cabinet also approved the deployment of nine additional supercomputers to the National SuperComputing Mission’s current kitty of 18 supercomputers. Digital document verification facility via DigiLocker will also be rolled out to micro, small and medium enterprises (MSMEs) and other ‘organisations’ to streamline the process of validation. This will likely enable small businesses to access credit and government services without being physically present.  Under the Future Skills Prime Programmere, the government will upskill and reskill nearly 6.26 Lakh IT professionals. In addition, another 2.65 Lakh persons will be trained in information security under the Information Security & Education Awareness Phase (ISEA) programme. The development comes barely a day after Prime Minister Narendra Modi, in his Independen He further added that the world is tech driven today and the coming era is going to be influenced by technology. “This gives a platform to showcase the prowess of India’s talent in technology who is going to play a new key role,” the PM said in his speech.  Also, talking about the Digital India initiative, he said that many developed countries had shown interest in it during his visit to Bali in 2022.