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Reliance Launches IoT Platform Which Connects Any Device Over Any Network

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India’s Reliance Group’s Internet Of Things business unit ‘Unlimit’ and Global IoT software provider Cumulocity, joined hands together and launched a new platform ‘Enablement’ to showcase their new products and services.

Enablement, as the name suggests, will allow businesses to connect any device to any network. It manages and stores asset data, also monitors device availability and administers and rectifies any device faults that occur.

Enablement’s new product will be displaying various applications for a number of key aspects such as healthcare services, financial services, asset tracking, as well as industrial automation. These applications can be used all across the world.

Jurgen Hase, CEO of Unlimit said in an interview: “Businesses will be able to configure their own IoT solutions to meet their needs and maximize their output and can develop their own IoT app in a few minutes.”

He also said that the services provided by Unlimited will increase productivity, reduce downtime and also improve predictive inventory control thereby increasing operational efficiency by 40%.

Hase also added that they are delighted to partner with Cumulocity to launch their new platform ‘Enablement’ and make the benefits of IoT virtually unlimited for their customers.

CEO of Cumulocity, Bernd Gross said: “Enablement will provide everyone in our country with a mobile phone the capability of rapidly building, securing and deploying their own state of the art IoT solution in a cost-efficient way.”

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CARS24 Acquires Team-BHP to Enhance Automotive Community and Technology

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Cars24

CARS24, a leading online used-car marketplace, has acquired Team-BHP, India’s most trusted and active automotive forum, to deepen its connection with car enthusiasts and improve its technological capabilities. The acquisition will focus on strengthening Team-BHP’s product, technology, and AI features to deliver a better experience for its large community of automotive buyers and enthusiasts.

Team-BHP is renowned for detailed reviews and passionate discussions, making it a valuable platform for car buyers and sellers. By integrating Team-BHP’s expertise with CARS24’s marketplace, the combined platform aims to offer richer insights, improved market intelligence, and more personalized services to users exploring the used-car market.

This move follows earlier collaborations between the two companies, including a comprehensive report on India’s used car market trends in 2025, highlighting growing SUV demand and the dominance of pre-owned cars over new sales.

Overall, this acquisition positions CARS24 not just as a transaction platform but as a knowledge hub, combining community-driven insights with advanced technology to better serve India’s expanding used car market

 

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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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OneStack Secures $2 Million to Digitize Cooperative Banking in India

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OneStack, a Gurugram-based fintech startup, has raised $2 million in a pre-Series A funding round led by GrowX, Stride Ventures, 9Unicorns, and Venture Catalyst. The funding aims to accelerate the digitization of cooperative banks and credit societies across India, with the company setting an ambitious target of modernizing over 1,000 institutions by the end of 2025.

Driving Digital Transformation

Founded in 2019 by Amit Kapoor and Vishal Gupta, OneStack offers innovative solutions such as OneCBS (Core Banking Solution), a cloud-based platform designed to streamline operations, enhance customer experiences, and enable data-driven decision-making for cooperative banks. Additionally, it is introducing SoundBox, a merchant ecosystem solution that facilitates seamless digital payment services.

Currently serving over 200 cooperative banks, OneStack plans to expand its reach into South and East India while establishing nationwide offices and growing its team. This funding will also support the deployment of advanced technologies like UPI Switch and Bharat BillPay systems to empower banks with branded digital payment services.

Impact on Financial Inclusion

OneStack’s efforts align with India’s Digital Bharat initiative, aiming to bridge the technology gap for underserved financial institutions. By digitizing cooperative banks, which serve nearly 50% of India’s bankable population, the startup is driving financial inclusion for millions. “This funding propels our growth journey at an accelerated pace,” said Amit Kapoor, Founder and CEO. “We are empowering cooperative banks to compete in this digital epoch.”

With this milestone funding, OneStack is poised to transform India’s cooperative banking landscape while fostering innovation and financial accessibility nationwide.

 

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