| | JULY 20248Dezerv, a leading wealth management platform, has secured $32 million in its latest funding round, prominently led by Premji Invest. Existing investors including Matrix Partners India, Accel, and Elevation Capital also participated in the round. The funding will bolster Dezerv's capability to cater to India's burgeoning wealth market, projected to expand by $1.2 trillion over the next five years at a 14 percent compound annual growth rate (CAGR).Sandeep Jethwani, Co-Founder of Dezerv, emphasized the importance of capital infusion for enhancing client asset security, regulatory compliance, and governance standards. The company plans to deploy the fresh capital towards developing new investment strategies, enhancing its technology infrastructure for superior client experiences, and expanding its team of investment specialists.Premji Invest's Partner, Saravanan Nattanmai, lauded Dezerv's ambition to redefine wealth management for India's emerging wealth creators, aligning with their investment philosophy. He highlighted Dezerv's robust product roadmap and tech-driven, open-architecture platform as key strengths.Vikram Vaidyanathan, Managing Director at Matrix Partners India, commended Dezerv's digital-first strategy and its effective portfolio management approach, which have swiftly positioned the firm as a market leader.Dezerv's strategic focus on innovation and client-centric services underscores its commitment to setting new standards in India's dynamic wealth management landscape. Semiconductor design firm UNISOC has unveiled its latest offering, the UNISOC T760 chipset, targeting widespread adoption of 5G technology in India. Partnering with key OEM players, UNISOC aims to introduce the chipset to the Indian market, promising enhanced performance across various applications.The UNISOC T760 chipset is built on advanced 6nm EUV process technology, supporting Hard Decode/4K@30fps encoding and decoding capabilities, and is compatible with FHD+ resolution displays featuring 120Hz refresh rates. This technological foundation enhances gaming experiences, ensuring immersive entertainment and seamless multitasking.With benchmark scores exceeding 510,000 points on Antutu V10, the chipset excels in high-definition gaming, photography, and video recording tasks, offering users extensive functionality and satisfaction.UNISOC emphasizes the chipset's AI development platform, enabling rapid enhancement of diverse applications for a more intelligent user experience. The chipset also integrates AI intelligent adjustment technology and a multi-mode innovative architecture, resulting in a 37 percent reduction in power consumption in 5G data scenarios and an 18 percent reduction in 5G standby scenarios.The launch of the UNISOC T760 underscores UNISOC's commitment to democratizing 5G technology, making it accessible to a broader audience in India through strategic collaborations with leading OEM partners. WEALTH MANAGEMENT PLATFORM DEZERV RAISES $32M LED BY PREMJI INVESTUNISOC LAUNCHES NEW CHIPSET UNISOC T760, AIMING TO DEMOCRATIZE 5G IN INDIAIN FOCUSIN FOCUS
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