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Microsoft Collaborates with CarveNiche to Launch Math Learning Programme

Under the partnership, CarveNiche will also access Microsoft Azure cloud's AI services to enhance the solution, as well as make it suitable for Math curriculum in other parts of the world

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FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

CarveNiche Technologies on Friday announced a collaboration with tech major Microsoft for a new Artificial Intelligence (AI)-based Math learning programme to supplement classroom learning for school students.

Called beGalileo, the programme uses AI to collect and analyse performance information and customise learning to serve each student.

Meant for students from class 1 to 10, the programme supports beginners and offers them challenging questions as they advance.

beGalileo covers over 300 concepts on topics ranging from numbers and operations to algebraic thinking, geometry, data handling, measurements and many more.

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A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

“Our product ‘beGalileo’ is a highly personalised Math learning programme for K12 education, and our motto has been to help every child fall in love with Math,” Avneet Makkar, CEO, CarveNiche Technologies Pvt Ltd said in a statement.

“This association would help us reach a wider network and would be an ideal combination of Microsoft’s advanced cloud infrastructure and CarveNiche’s rich academic content and technology,” Makkar added.

Also Read- Students Worldwide Skip Class to Protest Governments’ Failure Against Global Warming

Under the partnership, CarveNiche will also access Microsoft Azure cloud’s AI services to enhance the solution, as well as make it suitable for Math curriculum in other parts of the world.

“Microsoft’s partnership with CarveNiche is in line with our commitment to promote STEM education. The simple to integrate AI services on the Microsoft cloud will allow CarveNiche’s solution to make learning accessible and personalised for each child,” said Alok Lall, Partner Technology Lead, Microsoft India. (IANS)

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Microsoft’s Corporate Venture Fund to Empower Women-led Enterprise Startups in India

In a recent study by MassChallenge and Boston Consulting Group (BCG), women-founded businesses delivered more than two times as much revenue per dollar invested than their male counterparts

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FILE - A sign for Microsoft is seen on a building in Cambridge, Massachusetts, March 18, 2017. VOA

In a bid to empower women entrepreneurs, Microsoft corporate venture fund M12 on Thursday partnered with Mayfield and Pivotal Ventures to announce $6 million competition for women-led enterprise startups in India, the US, Europe, Canada and Israel.

In its second year, the “Female Founders Competition” will help accelerate funding for women entrepreneurs developing software-as-a-service (SaaS) and deep tech solutions.

Four winning companies will receive a total of $6 million in venture funding, along with access to technology, resources, mentoring and other benefits, the company said in a statement.

“The tech industry can’t afford to keep leaving women’s good ideas on the table. We need to level the playing field for female entrepreneurs, and together with Mayfield and Pivotal Ventures, we aim to do just that with our second Female Founders Competition,” Peggy Johnson, Executive Vice President, Business Development, Microsoft.

Submissions for the competition are open from October 17 to December.

Companies will be eligible to apply if they have at least one female founder, have raised no more than $5 million in combined equity funding and/or debt loans upon date of application, and offer or intend to release a product, service or platform addressing a critical business problem for a global market.

A live finals pitch competition will take place March 18-19 2020, with the announcement of winners to follow shortly thereafter.

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FILE – Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Two enterprise software startups will earn investment awards of $2 million each, and two deep tech startups innovating through substantial scientific and research advances will earn investment awards of $1 million each, said Microsoft.

Early this year, Microsoft announced that its corporate venture fund M12 will invest in Indian startups with a funding size of $2 million to $10 million.

M12 announced its first India investment in the healthcare SaaS (software-as-a-service) startup called “Innovaccer”.

Also Read: Scientists Discover Mash-Up of Two Feared Disasters – Hurricanes and Earthquakes

As the corporate venture arm for Microsoft, M12 (formerly Microsoft Ventures) invests in enterprise software companies in the Series A through C funding stage.

In a recent study by MassChallenge and Boston Consulting Group (BCG), women-founded businesses delivered more than two times as much revenue per dollar invested than their male counterparts.

“We are thrilled to partner with M12 and Pivotal Ventures on this innovative Female Founders Competition, through which we will find and invest in women creating built-to-last enterprise companies,” said Navin Chaddha, Managing Director, Mayfield. (IANS)