As consumers increasingly turn to digital methods for managing their finances, the fintech industry has been registering significant growth in recent years. The growth of e-commerce, rising smartphone penetration, and the emergence of digital payment options are contributing to the rising fintech market value. In 2020, the global fintech market was valued at USD7301.78 billion, owing
As industries are undergoing a digital revolution, digital twin technologies are introducing new and innovative ways for product designing, operations, and post-sale services. Digital twins combine IoT, artificial intelligence, machine learning, and deep learning to provide a rich and real-time view of an organization’s processes and assets. Digital twin deployments are mainly driven by safety,
The Indian startup ecosystem has witnessed many changes with evolving technological innovations, the influx of large amounts of domestic and foreign funds, consolidation activities, and strong domestic economic growth. After more than a decade of bull-run that saw India mint 100 unicorns, the exuberance seems to have paused in 2022. Startups are facing a huge
Nearly 10 million individuals above the age of 50 suffer from hip, spine, or wrist fractures at some point in life. An additional 33.6 million individuals develop low bone mass and are at risk of osteoporosis. The growing number of complications related to bone-associated disorders such as fractures, traumas, bone infections, and bone tumors has
Once considered conceptual, cell and gene therapy has become a therapeutic reality for patients. Advances in cell and gene therapy led by innovative research and product development are enabling physicians to potentially reverse the debilitating trajectory of diseases, including rare and autoimmune diseases. The launch of (CAR) T-cell therapies such as Kymriah and Yescarta in
The beverage industry is undergoing a non-alcoholic revolution as more and more Americans are cutting down their alcohol consumption. According to the International Wines and Spirits Record (IWSR) analysis, global alcohol consumption drastically declined in 2020 while the low- and the non-alcohol market continues to grow, with consumption anticipated to increase 31% in volume 2024.
On May 10th, 2022, the food delivery major, Swiggy, announced to suspend its grocery and daily essentials delivery service operations, Supr Daily, in five cities, Delhi-NCR, Pune, Hyderabad, Mumbai, and Chennai. The subscription-based grocery delivery service acquired by Swiggy in 2018 enabled customers to place their orders for milk, daily essentials, and groceries by 11
The mining sector has moved beyond the use of explosives and mechanized equipment introduced during the Industrial Revolution. Over time, mining techniques and technologies have evolved and improved, contributing to better practices and strong industrial growth. Currently, the mining industry is under pressure due to declining demand, price volatility, increased costs, undervalued product estimates, growing
With the increasing demand for electronic devices, the world is witnessing a huge demand for semiconductors and microprocessors, adding to their market growth. However, a grave chip shortage has been witnessed over the past year that has caused delayed delivery and price hike of multiple products across the globe. This has led many market players
While through 2020 to 2021, the COVID-19 pandemic plagued the healthcare sector with various challenges. Social distancing in the lockdown scenario, lack of skilled technologies, management of large volumes of data, and keeping up with extensively hectic research and development led to tremendous pressures as the country struggled to come to terms with the global
