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Arogyaswami Paulraj Gets Inducted Into American National Inventors Hall of Fame

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Indian American innovations pioneer, Arogyaswami Paulraj, got inducted into the American National Inventors Hall Of Fame for inventing the Multiple Input Multiple Out (MIMO) Wireless Technology! Dr. Paulraj’s MIMO Wireless Technology has been so forward, it has revolutionalized broadband and its ease of usability for billions of people all over the country. For India, to have an inventor recognised on a global scale is a monumental achievement as it propels India into the forefront of modern wireless technology!

MIMO, or to put it in simple words, Multiple Input Multiple Output, improves not just the transmission data rates but also helps in expanding the network coverage. MIMO has been crucial for setting the foundation for all current and future WIFI and 4G networks for broadband wireless communication.

Born in Pollachi, Tamil Nadu, in 1944, Dr. Paulraj joined the Indian Navy at the age of 15. Impressed by his academic records and his zeal for achievement, the Indian Navy sent him to study at the Indian Institute of Technology (Delhi) where he earned a Ph.D for advances to signal filtering theory.

From then on, the esteemed doctor has gone above and beyond in ensuring that his work with wireless technology extends in creating a technology friendly today and a technology forward tomorrow.  He holds 79 patents and has won several global distinctions. These include both the two top global honors for telecom pioneers – the 2011 IEEE Alexander Graham Bell Medal and 2014 Marconi Prize and Fellowship. Paulraj’s recognition in India includes the highly coveted Padma Bhushan in 2010.

The US Patent and Trademark Office (USPTO) was founded in the year 1791 and since then, it has issued around 8.8 million patents! However, as of today, only 561 inventors have been inducted into the American National Inventors Hall Of Fame, including people like Alexander Graham Bell, Thomas Edison, The Wright Brothers and Apple Co Founder, Steve Jobs.

Dr. Paulraj joins 8 other inventors in the field of wireless technology. This list includes noteworthy inventors like Guglielmo Marconi (radio technology,) Oliver Lodge (Wireless Telegraph,) Reginald Fessenden (AM radio,) Edwin Armstrong (FM Radio,) Amos Joel (Cellular tech.,) Andrew Viterbi and Irwin Jacobs (CDMA – 3G), Jan Haartsen (Bluetooth). US patent holding wireless pioneers include another Indian inventor, Dr. Jagdish Chandra Bose, known for his brilliant breakthrough work in radio and microwave optics in 1904.

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PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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