GARI becomes 3rd largest project on Solana with 8 lakh active wallet users in 5 months

GARI becomes 3rd largest project on Solana with 8 lakh active wallet users in 5 months

Social token GARI’s active wallet users have crossed more than 800,000 in just 5 months of its integration into the Chingari app. Despite the recent market events, Chingari’s active wallet holders have jumped to an average of 10,000 per day, making GARI token the third-largest project on the Solana Blockchain in terms of the number of holders, the company said in a statement shared with FE Online.

Chennai: Agnikul Cosmos opens rocket factory

CHENNAI: Space tech startup Agnikul on on Wednesday opened its new rocket making facility – Rocket Factory 1, which is set to be India’s first-ever facility dedicated to 3D-printed rocket engines. Located at IIT Madras Research Park, it was unveiled in a launch event by Tata Sons chairman

Agnikul Cosmos inaugurates factory for 3D printing rocket engines

Chennai-based space-tech start-up Agnikul Cosmos opened its Rocket Factory-1 — India’s first-ever rocket facility dedicated to 3D printed rocket engines at scale. According to a press release, the facility at IIT Madras Research Park was unveiled by N Chandrasekaran, Chairman, TATA Sons with ISRO Chairman S Somanath being the Guest of Honour.

Space tech startup Agnikul opens India’s first rocket engine factory in Chennai

Named Rocket Factory 1, it was unveiled by Tata Sons chairman N Chandrasekaran and Isro chairman S Somanath in the presence of Pawan Goenka, the chairman of IN-SPACe (Indian National Space Promotion and Authorization Centre). The 10,000-square-foot facility is located at IIT-Madras Research Park. It will have a 400mm x 400mm x 400mm metal 3D-printer from EOS that will enable end-to-end manufacturing of a rocket engine under one roof

Agnikul launches India’s first rocket factory to make 3D-printed engines end-to-end

Based out of the Indian Institute of Technology (IIT) Madras, Agnikul is arguably the only company to have designed a semi-cryo rocket that could be built as a single of 3D-printed hardware. Agnikul had test-fired the fully 3D-printed rocket

Exclusive: Agnikul In Talks To Raise $40 Mn In The Largest Spacetech Funding Round

Spacetech firm Agnikul, incubated at IIT Madras, is in talks to raise $40 Mn in a Series B round at a valuation of $250 million, sources privy to the development told the Inc42.

Oye! Rickshaw projects to be profitable by March 2023

New Delhi, 12 July 2022: Oye Rickshaw!, India’s largest and fastest-growing EV mobility player has recorded financial gains after a significant hold over the market in the 3-wheeler mobility segment in the past 10-12 months. With a gross revenue of INR 30 Cr. in FY 22, Oye! Rickshaw is all set to target INR 112 Cr. by the end of FY 23. The company is expecting 3.6X growth of gross revenue by March 2023. The growth has been a result of building internal efficiencies as well as macro dynamics.

Astrome, DoT team up to trial fibre-like backhaul in 15 villages

Bengaluru-based Astrome has been working to expedite the implementation of 5G and rural telecommunications infrastructure through its millimeter-wave E-band (71-76GHz and 81-86GHz) radios and satellite communication solutions, as per a Ministry of Science & Technology statement

Imarticus to acquire Skillenza after common investor push

Digital learning platform Imarticus Learning Pvt Ltd is in advanced talks to acquire data driven skill acceleration platform Skillenza

India will soon be among the top three in space business

AGNIKUL COSMOS is perhaps the best-known Atmanirbhar success story in the Indian space sector. Based in IIT Madras, it made headlines when it became the first in the world to make and successfully test a 3D-printed rocket engine. The startup aims to develop and launch its own small-lift launch vehicle, says Srinath Ravichandran, cofounder & CEO. Excerpts from an interview