Author: AU News Bureau

Paris-based startup Presti which specializes in AI-generated product photos, raised $3.5M in Seed funding recently. The round was led by Partech, alongside angel investors including Thibaud Elzière, Maxime Brousse, Abou Laraki, Rémi Lemonnier and Julien Hirth. The company intends to use the funds to further expand its reach and continuously improve its technology and product offerings. Led by CEO Nabil Toumi, Presti is a startup empowering product photography through generative AI and diffusion models. By focusing on the furniture industry, it provides imagery solutions that reduce production time and costs. Presti allows customers to: • create visuals in minutes instead…

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Signify has officially launched its Global Digital Centre in Bhartiya City, Thanisandra, Bengaluru recenlty. This new office, spanning over 300 people, is designed to be a hub for creativity and innovation, and is part of Signify’s Innovation Labs (SIL) in the city. This centre will be the home to some of the best and brightest minds in the digital space. Signify’s aim is to use this facility to continue pushing ahead on its digital transformation journey, which includes digitalizing customer interfaces, processes, and offers. The Global Digital Centre is equipped with state-of-the-art infrastructure and amenities to enable its 300+ employees…

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Asian Paints, a paint and decor company, has launched a unique consumer activity to showcase Apcolite Rust Shield’s durable rust protection, which keeps metal surfaces looking as good as new for years. Consumers can view the life-size installation at Mantri Square Mall in Bengaluru. The exhibit, open to the public, will remain on display until August 9, 2024, serving as a testament to the enduring qualities of Apcolite Rust Shield. The installation features a large water tank housing two metal benches submerged inside. One bench is coated with a regular anti-rust enamel from other brand, while the other is painted…

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Asia’s tallest Tirupati Balaji idol, standing at 81 feet, is set to be installed in Khandwa depicting architectural marvel in India. Necessary arrangements are being made for boosting tourism and employment in the state. To be located in Divya Balaji Nagar Colony, the statue will be a marvel of art and architecture, with intricate makeup and clothes made of glass, diamonds, pearls and silk. The statue is fireproof and electricity-proof, ensuring safety and durability. The complex will feature a beautiful garden, a high-tech fountain and an auditorium showcasing the pilgrimage area, statue-making process and local art and culture. The entire…

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Geetanjali Homestate, a prominent name in the Indian real estate sector, is proud to announce its global expansion with the launch of its new venture, Geetanjali Global. The company is set to establish a significant international footprint, with new offices opening in Singapore, Dubai, Canada, Italy, New York, and across the USA according to a press release. This expansion underscores Geetanjali Homestate’s commitment to bringing luxury real estate services to a broader audience. Geetanjali Homestate will primarily focus on fresh bookings in the luxury real estate segment, offering clients a diverse portfolio of high-end properties in some of the world’s…

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ITC Royal Bengal has been awarded the prestigious ‘Best Energy Efficient Commercial Building/Hotel’ during the CII National Energy Efficiency Circle Competition 2024. This accolade acknowledges ITC Royal Bengal’s dedication to sustainability, state-of-the-art energy efficiency practices, and unwavering commitment to ITC Hotels ethos of Responsible Luxury ITC Hotels have always prioritized environmental stewardship without compromising on luxury and guest comfort. ITC Royal Bengal’s recognition in this national competition accentuates its status as a paragon of sustainability. As a LEED Platinum-certified building, ITC Royal Bengal underscores its steadfast adherence to global standards in eco-friendly design and operations. ITC Royal Bengal has made…

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The Adelaide Festival Centre is set to have its theatre interiors updated, the latest in a series of works carried out at the 50-year-old venue and its surrounds. The South Australian government has committed $35 million to interior theatre works, which will include the installation of new seating in all three threatres, new lighting in foyers and auditoriums and the refurbishment of stage flooring in the Dunstan Playhouse and the Space Theatre. The plans follow the state government’s announcement in January 2024 that the centre’s Western Plaza would undergo a $35 million transformation designed by Cox Architecture. Other venue upgrades…

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Mumbai-based consumer lighting startup Corvi LED has raised $8 Mn (INR 65.6 Cr) as a part of its Series B funding round from Enam Investments. The company will use the fresh funds to expand into newer markets, strengthen its distribution network and diversify its product portfolio. Further the proceeds will be used to scale up operations and invest in marketing and distribution to strengthen the company’s market presence in B2C and B2B segments. Corvi LED also plans to introduce new LED products that meet the demand for design and aesthetics. Founded in 2012, Corvi LED claims to have disrupted the…

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