CURRENT AFFAIRS

Detailed explanation-1: -Niki.ai, an artificial intelligence (AI) based chatbot, announced on Thursday that Ratan Tata, Chairman Emeritus of Tata Sons, had invested in the startup along with Ronnie Screwvala’s Unilazer, which did a follow up round to their first seed investment.

Detailed explanation-2: -Goodfellows works based on a freemium subscription model. The first month is free. From the second month, the company charges a base subscription fee of Rs 5, 000 per month which can be negotiated based on the limited affordability of pensioners.

Detailed explanation-3: -Ratan Tata, chairman emeritus of Tata Sons, announced to invest into startup firm Goodfellows, which provides companionship to elderly people. Ratan Tata, chairman emeritus of Tata Sons, announced to invest into startup firm Goodfellows, which provides companionship to elderly people.

Detailed explanation-4: -Niki.ai shut down in Oct 2021 as per media reports.

Detailed explanation-5: -Goodfellows offers a freemium subscription model for the users. First month is free for the senior citizens with the goal to understand the concept and how to go about it.