12 Jun, 2020
The latest episode of the TechThisWeek podcast brings you news and insights, wrapped up in a weekly roundup of the following hand-picked developments in the startup and enterprise technology ecosystems in India.
- Oracle India has drawn up plans to double down on cloud platforms and expand local investments. Vice president of Oracle Cloud (India) told TechCircle that many of their India customers have expressed a desire to move to the cloud.
- Information technology (IT) services firm Wipro has bet on Sunnyvale, California based cloud security firm CloudKnox Security to provide multi-cloud and hybrid cloud infrastructure solutions for enterprises.
- Covid-19 related job losses have impacted close to 13,000 employees in India’s consumer internet ecosystem across 27 companies. The list includes unicorns such as OYO, Ola, Udaan, Swigy, Zomato, InMobi among others.
- Earlier this week, Mumbai Angels Network announced its latest deal this year with an undisclosed investment in digital content platform Knocksense. The deal marked the angel-to-seed investment platform’s tenth deal this year and its ninth since the country shut down due to the Covid-19 pandemic.