Entreprenuernewsnetwork

Persistent and Google Cloud Partner to Launch Generative AI Solutions

Persistent Systems, a renowned global Digital Engineering leader (BSE and NSE: PERSISTENT), has taken its partnership with Google Cloud to new heights by introducing a suite of cutting-edge Generative AI solutions powered by Google Cloud. These innovative offerings are designed to support clients throughout their AI journeys, from AI explorers to Generative AI disruptors, enabling … Read more

Reliance Retail Introduces JioBook: The Revolutionary Learning Book

Reliance Retail, a leading player in the Indian market, is proud to unveil the highly anticipated JioBook, a groundbreaking learning book designed to cater to individuals of all age groups. With its advanced JioOS operating system, sleek design, and always-connected features, JioBook is set to redefine the learning experience for every individual, empowering them on … Read more

MG Motor and IONAGE Join Forces to Accelerate India’s EV Transition

MG Motor India, a renowned British automobile brand with a rich 99-year legacy, has joined hands with IONAGE, a prominent eMobility Service Provider, to enhance destination charging infrastructure throughout India, promoting intercity travel via electric vehicles (EVs). The partnership was officially launched with the inauguration of 10 destination charging stations across Lucknow, Trivandrum, and Cochin, … Read more

Glendower Capital Raises US$5.8 Billion

Glendower Capital, CVC’s secondaries platform, is pleased to announce the final close of its fifth global secondary private equity fund, Glendower Capital Secondary Opportunities Fund V (“SOF V”). Glendower has raised aggregate capital commitments of US$5.8 billion for the SOF V program to deploy in the secondary market. SOF V is the first fund closed … Read more

Terra Food Co. Raises $800K in Pre-Series A Funding

Terra Food Co. (TFC), a trailblazing gourmet cloud kitchen company, has achieved a remarkable milestone by raising $800,000 in its Pre-Series A funding round. This funding was secured from an esteemed group of investors, including Zero to One Fund, Twin & Bull Fund, ah! Ventures, and various international angel investors. Notably, existing investors like Lets … Read more

Dil Foods Secures $2M Pre-Series A Funding to Help Small Restaurants Thrive

Dil Foods, a Bengaluru-based virtual restaurant operator, has successfully raised $2Mn in a Pre-Series A funding round. The brand’s mission is to collaborate with small to medium independent food businesses and restaurants to create a profitable brand that disrupts the meal market using an innovative asset-light model for food delivery, driving efficiency and maximizing profitability. … Read more

CoinSwitch Publishes 2nd Edition of Proof of Reserves, Showing Higher Crypto Assets and INR Balances Than Users

CoinSwitch, India’s largest crypto-investing platform, has published the second edition of its Proof of Reserves (POR), demonstrating the transparency and verifiability of the platform’s claimed assets. The independent review and on-chain validation showcase that CoinSwitch’s overall holdings of crypto and INR balances are higher than those of its customers. The INR equivalent value of the … Read more

CitiusTech named Steve Van Kuiken, Senior Partner Emeritus of McKinsey & Company, to its Board of Directors

CitiusTech Healthcare Technology Pvt. Ltd., a prominent healthcare technology services and solutions provider, has announced the appointment of Steve Van Kuiken to its distinguished Board of Directors, effective from July 27th, 2023. Steve Van Kuiken brings extensive expertise in healthcare technology and digital transformation to CitiusTech, having served as Senior Partner Emeritus at McKinsey & … Read more

Fulcrum Digital Joins Forces with MIT-ADT Pune to Drive Technology-driven Growth through Industry-Academia Collaboration

Fulcrum Digital, a renowned global boutique AI organization, has officially announced the signing of a Memorandum of Understanding (MoU) with MIT-ADT University, solidifying their commitment to drive technological innovation and foster a strong industry-academia collaboration. This partnership represents a significant step towards achieving groundbreaking innovation, as both organizations join forces to pool their resources, knowledge, … Read more

Capgemini Unveils Exciting Array of New Generative AI Offerings

As a prominent player in the Data & AI market, Capgemini is at the forefront of supporting clients in their digital transformation journey. Leveraging its deep industry expertise, industrialized delivery assets, and extensive generative AI services, Capgemini is poised to lead clients into the next era of digital innovation. Having already delivered successful generative AI … Read more

LeRemitt™ Raises $1.25 Mn in Seed Funding

LeRemitt™, an innovative cross-border platform streamlining financial transactions, has successfully secured $1.25 million in seed funding, led by Axilor Ventures, with co-investment from Capital A. The funding round also saw participation from notable angel investors, including Ram Govindarajan (Founder of Wizfreight) and Sumit Agarwal (Founder of Vyapar). LeRemittTM is dedicated to empowering businesses, especially MSMEs … Read more

HONOR Launched HONOR Pad X9 in India Market

HONOR, the globally renowned technology brand, has officially unveiled the much-awaited HONOR Pad X9 in the Indian market, showcasing its impressive features and cutting-edge technologies. This tablet is specifically designed to elevate the entertainment experience, boasting an expansive 11.5-inch HONOR FullView Display, a powerful six-speaker audio system with Hi-Res Audio technology, and a generous storage … Read more

iGowise Mobility’s Holistic M-PaaS Platform Empowers Emerging EV Startups to Accelerate Growth

iGowise Mobility (iGo), a prominent deep-tech smart-mobility startup headquartered in Bengaluru, has unveiled a groundbreaking initiative aimed at revolutionizing the electric vehicle (EV) industry by offering a comprehensive and holistic solution for OEM enablement. With a steadfast commitment to smart mobility research and development over the past decade, iGo has consolidated its innovative technologies into … Read more

Motherson Sumi Wiring India Reports 11% Revenue Growth, 2% PAT Decline in Q1FY24

Motherson Sumi Wiring India Limited (MSWIL) recently released its financial results for the first quarter of the fiscal year 2023-24, which concluded on 30th June 2023. Vivek Chaand Sehgal, Chairman of Motherson Sumi Wiring India Ltd., expressed his satisfaction with the company’s performance, highlighting the positive impact of additional capacities created in previous quarters on … Read more

Hexaware collaborates with Microsoft to propel innovation with generative AI

Hexaware, a prominent global leader in IT services and digital solutions, has joined forces with Microsoft in an exciting collaboration aimed at advancing technology for businesses that are eager to embrace the future by harnessing the potential of generative artificial intelligence (AI). At the heart of this partnership lies Hexaware’s knowledge ecosystem solution, Tenjin for … Read more

Affordable Internet Services Startup Wiom Raises Rs 140 Cr in Funding

Delhi-based Wiom, a pioneering initiative aiming to provide affordable and unlimited home internet access to the next 100 million lower and middle-income households in India, has successfully raised Rs 140 crores in its Series A funding round led by RTP Global. A group of prominent investors participated in this funding round, including YourNest, Omidyar Network … Read more