🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

'If you're married and a Hindu...': Billionaire Nithin Kamath highlights a way to save taxes

Money ControlMoney Control · 1y ago
'If you're married and a Hindu...': Billionaire Nithin Kamath highlights a way to save taxes
Medial

Zerodha CEO Nithin Kamath highlights the benefits of Hindu Undivided Family (HUF) for tax planning purposes. HUF is a unique legal and tax entity specific to Hindu families in India, allowing for separate tax filings and deductions similar to those for individuals. Kamath emphasized that married Hindus can utilize HUF to save taxes through various means such as transferring rental income properties, opening demat accounts, and accepting gifts. Zerodha further explained the advantages of HUF in a blog, suggesting it as a useful tool for tax planning, especially for those with ancestral property or multiple income streams. Other X users and professionals also praised HUF's effectiveness in tax savings.

Swiggy launches Pyng to connect users with verified professionals

EntrackrEntrackr · 3m ago
Swiggy launches Pyng to connect users with verified professionals
Medial

Swiggy has launched a new app called Pyng, marking its official entry into the professional services market. Pyng is an AI-powered platform that connects users with verified professionals across over 100 specializations. The app is now available for users in Bengaluru on both iOS and Android. Swiggy aims to onboard more than 10,000 professionals through Pyng. The app helps users find experts in areas like health, wellness, finance, education, travel, and events. Some of the professionals include yoga instructors, tax planners, career advisors, DJs, makeup artists, and more. According to the company, Pyng uses AI to match users with the right professionals based on their needs. It has a smart AI assistant that understands queries and gives real-time suggestions. Each professional also has a personal AI assistant that shares details about their services and answers questions before any booking is made. Users can also get a refund if they are not satisfied with the service. According to Swiggy co-founder Nandan Reddy, the app is built to meet the growing demand for trusted professional help in personal and work life. Swiggy launched a seller version of Pyng earlier this year and has already listed more than 1,000 professionals. The app is part of Swiggy’s larger effort to make daily life easier for urban users.

Gen AI startup KonProz raises $700K

EntrackrEntrackr · 1y ago
Gen AI startup KonProz raises $700K
Medial

KonProz, a generative artificial intelligence (GenAI) startup, has raised $700,000 in a new round led by Dr. Ruchi Parekh, RDB Group and angel investors. The proceeds will be used for building a Generative AI intellectual property for the legal domain, team expansion and scaling operations to broaden KonProz’s platform capabilities. Founded by Piyush Chopra and Shiladitya Dash, KonProz leverages emerging technologies such as GenAI to build SaaS solutions for the legal, tax and regulatory space. Since its inception, KonProz claims to have received significant attention for its flagship product, KonProz GPT, the first GenAI tool trained specifically on India’s tax, legal and regulatory laws. Since the release of its phase 1 product in November 2023, KonProz has over 2,000 active users including senior professionals from the Big4s and Tier 1 law firms, and aims to now build a comprehensive suite of products. In the past six months, generative AI platforms have managed to score decent funding in their early stages. In December 2023, Sarvam AI raised $41 million in a Series A round led by Lightspeed while Ema scooped up $25 million which is the second largest funding in this space. Neysa bagged $20 million in Series A while Vodex raised $2 million in its seed round.

Download the medial app to read full posts, comements and news.