Air India today unveiled its comprehensive transformation plan, to establish itself, once again, as a world-class global airline with an Indian heart – the absolute best in class in customer service, in technology, in product, in reliability and in hospitality. The plan is fittingly titled “Vihaan.AI”, which in Sanskrit signifies the dawn of a new … Read more
MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & Information Technology, GoI, and Meta, on 14 Sept 2022, announced the launch of XR Startup Program to support and accelerate XR technology startups across India. This initiative, focuses on skilling and building technological capabilities for the metaverse and will help shape the ecosystem … Read more
S Chand and Company Ltd. has signed an agreement with Mahatma Gandhi University, a state-owned public university headquartered in Kottayam in the state of Kerela, for upskilling students in technology-driven programs such as data science, coding, AWS, analytics, Java, etc. According to the MoU, these programs will be conducted in collaboration with iNeuron Intelligence Private … Read more
iMerit, a leading AI data solutions company, today announced the appointment of Rajsekhar Aikat as its new Chief Technology & Product Officer. Rajsekhar joins iMerit from Qualcomm, where he was Senior Director of Product Management. “We’re excited to welcome Raj as we continue to develop proprietary technologies and solutions to meet the AI development and deployment needs … Read more
In Huawei Cloud Global Startup Founders Summit held in Shenzhen, Huawei Cloud announced their commitment to building a global startup ecosystem and three key initiatives to accelerate startup growth: an innovative cloud platform, startup acceleration programs, and business resources. Joined by several veteran venture capitalists, they also announced the Huawei Cloud Accelerator, a program aiming at … Read more
In a move that aims to put India on the global silicon map and make the country self-sufficient in the critical area of semiconductors and displays, Vedanta, the world’s sixth largest diversified natural resources group, signed two Memorandum of Understanding (MoUs) with the Government of Gujarat to set up a semiconductor fab unit, a display fab unit … Read more
Gurugram-based Awiros, a deep-tech startup that creates a computer vision platform based on AI mostly for video processing, has raised $7 million in investment. Vikram Gupta and Yatin Kavishwar co-founded Awiros in 2015. Vikram holds a PhD in computer engineering from Carnegie Mellon University. His main topic of study during his PhD was the design … Read more
Driven by a new era of industrial progress in Mumbai, the city emerges as the third most promising location with higher intent to hire in Q2, as per the TeamLease Employment Outlook Report for the time period. The intent to hire in the city saw a 7% increase from 76% in the last quarter to 83% … Read more
Startup XR in the metaverse has raised $250,000 in a seed round driven by angel investors, including Tarun Tahiliani, the founder of Netprophets Cyberworks, and Nitin Sethi, senior vice president and chief digital officer of the Adani Group’s consumer business. The money will be used by XR Central to grow into new regions and boost … Read more
Atlassian Corporation Plc, a leading provider of team collaboration and productivity software and the maker of Jira, Confluence, Bitbucket and Trello products, announced its plans to grow its India team to over 3,000 by the end of FY24 as part of a major recruitment drive as the organisation reinforces its commitment to the India market. … Read more
Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electronic vehicles) charging solutions, it has set up EV charging stations in various parts of the world, including Asia, the USA, … Read more
CABT Logistics, India’s leading intracity logistics brand gears up to meet the demand of big billion days and the upcoming festive season by investing $ 8 million to build about 120 micro-fulfilment centres across India. This investment in micro-warehouses comes in the wake of the E-commerce and Q-commerce boom, especially in a post-covid world. Logistics … Read more
MooVita, a market leader in vehicle-agnostic driverless software solutions for urban environment, has today signed a strategic partnership with China’s leading automotive tier-1 parts supplier, Desay SV (DSV), to further drive a safer, more efficient, and carbon-neutral mode of transportation. MooVita and DSV will collaborate in the development of AV Level-3 to Level 4+ full-stack software application … Read more
PhonePe, one of India’s leading digital payments platforms, announced the acquisition of OSLabs, a mobile platform that enables content and app discovery for users and app developers. PhonePe, AGPL and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL’s entire stake at a premium. The closure of this deal gives PhonePe … Read more
It’s no secret that we’re living in an increasingly digital world. ‘Screen time’ has all but consumed our workplaces, educational settings and simply put, our free time. According to new research by Builder.ai®, over 27% of Americans claim to have over 30 apps on their phone, but more than half of those admit to using only 10 … Read more
Normalyze, a data-first cloud security platform, today announced it is coming out of stealth with $22.2M in Series A funding, co-led by Battery Ventures and Lightspeed Venture Partners. This round brings the company’s total funding to $26.6M to date. Normalyze is an agentless platform that helps organizations better manage sensitive data—and attack paths to it —in today’s complex, multi-cloud environments, protecting customers from large and … Read more
