wordpress blog stats
Connect with us

Hi, what are you looking for?

Amazon infuses Rs 130 crore more in its logistics arm ATS

Amazon India's logistics arm Amazon Transportation Services (ATS) has further received funding of Rs 130 crore as per the Registrar of Companies documents, reports Financial Express. The capital came in from the US-based parent Amazon Inc. Amazon has been strengthening its logistics arm in India in a big way, ATS received Rs 207 crore worth of funding from Singapore-based Amazon Corporate Holdings and Amazon Malaysia, in June, and before that, it had received Rs 67 crore in September 2016. Drone Delivery? Note that the development comes when the Directorate General of Civil Aviation (DGCA) released draft rules on its website last week and seek comments from the public. Under the proposed rules, drones can be used for commercial purposes but it’s not clear how this will be implemented. Note that in October, Amazon Inc. had filed a patent application in India for multi-scale fiducials, which is essentially a mark or set of marks placed on an object to help an imaging system identifies the said object, which allows Amazon’s delivery drones or automated aerial vehicles (AAVs) to identify objects from varying distances to both avoid collisions and navigate better. It will also allow the AAVs to identify other moving objects in the sky such as other AAVs and airplanes. In June this year, Amazon had also filed a patent application in India for propeller technology to improve the safety of drones. The technology facilitates automatic detection of any contact or any imminent contact between the drone’s propeller and an object, including humans and animals such as pets. Once such a contact…

Please subscribe/login to read the full story.
Written By

Writes about e-commerce, social media, tech and Internet ecosystem.

Free Reads

News

According to RazorPay, UPI Switch is able to solve a lot of the currently faced by currently existing UPI infrastructure, as well as added...

News

The declaration pointed out that end-to-end encryption will jeopardise the ability of tech companies to provide “lawful access” to data of suspected criminals on...

News

TCA's order stated that Meta combines the data of users who create Threads profiles based on their Instagram accounts without providing users with a...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ