Schneider partners Brinc to launch accelerator for IoT, energy solutions

Team TC

French energy management solutions provider Schneider Electric announced a partnership to bring Hong Kong-based Brinc’s ....

31 July, 2019

Warburg-backed Capillary appoints Vikram Bhat as CPO

Payal Ganguly

Capillary Technologies has announced the appointment of former Lendingkart and Abof executive Vikram Bhat as chief product officer ....

31 July, 2019
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Siddhartha leaves behind enviable legacy of humility, foresight

Anand J

After nearly 36 hours of being reported missing, the deceased remains of Cafe Coffee Day founder VG Siddhartha were recovered ....

31 July, 2019

Govt finalising norms to tax big tech firms: Report

Payal Ganguly

The central government reportedly wants to directly tax technology companies like Google and Facebook on profits they earn locally. ....

31 July, 2019

Bike-sharing startup Bounce clocks 5mn rides

Team TC

Bengaluru-based bike-renting platform Bounce recently completed five million rides. The platform also clocked 60,000 rides ....

31 July, 2019

CapitalG-backed Aye Finance raises $7.9 mn from DCB Bank

Shweta Sharma

Non-banking finance company Aye Finance has raised Rs 55 crore ($7.9 million at the current exchange rate ) from DCB Bank through ....

31 July, 2019
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Sequoia leads $5 mn Series A round in fintech startup Progcap

Vijayakumar Pitchiah

New Delhi-based Progcap, which offers financing and supply chain-based solutions for micro and small enterprises,  has raised ....

31 July, 2019

eBay buys 5.6% of Paytm E-Commerce for $160 mn

Vijayakumar Pitchiah

The US-headquartered ecommerce firm eBay will invest $160 million (Rs 1,102.53 crore at the current exchange rate) for a 5.59% ....

31 July, 2019

Bengaluru student wins award at Microsoft’s 2019 AI Challenge; Indian IT companies contributed nearly $60 bn to US GDP in 2017

Team TC

An engineering student from Bengaluru wins award at Microsoft’s 2019 AI for Good Idea Challenge. India’s top diplomat ....

31 July, 2019

Madhusudan Shekar on how Amazon is democratizing AI

Vignesh Ananthraj

As head of digital innovation at Amazon Internet Services, the local arm of Amazon Web Services, Madhusudan Shekar is tasked with ....

31 July, 2019
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Truecaller bug automatically registers Indians for UPI; company updates app version

Shweta Sharma

Caller identification app Truecaller automatically started creating unified payments interface (UPI) accounts for Indian users ....

31 July, 2019

Sequoia India raising $200 mn more for existing fund; Pine Labs gets $102 mn funding from parent

Team TC

Payments solutions company Pine Labs has received fresh funding from its Singapore-based parent. Sequoia India is adding $200 ....

31 July, 2019

IoT adoption becoming critical for business success, says Microsoft report

Vignesh Ananthraj

Almost 88% Internet of Things (IoT) decision makers surveyed by Microsoft felt the adoption of IoT-based technologies is becoming ....

31 July, 2019

Trucking platform Rivigo granted US patent for relay service model

Payal Ganguly

Tech-enabled logistics firm Rivigo has been granted patent rights by the United States Patent and Trademark Office (USPTO) for ....

31 July, 2019

Amazon continues to dominate cloud storage biz: Gartner

Team TC

Seattle-headquartered Amazon Web Services (AWS) continued to dominate the infrastructure-as-a-service (IaaS) space in 2018 with ....

30 July, 2019

Tech Mahindra acquires US-based design consultancy firm Mad*Pow

Anirban Ghoshal

Indian IT services firm Tech Mahindra will acquire US-based design consultancy firm Mad*Pow.  The acquisition, which is ....

30 July, 2019

AI could reshape work environment by 2030, finds Dell study

Team TC

Emerging technologies will disrupt traditional business models to ensure a more inclusive work environment by 2030, according ....

30 July, 2019

Tech Mahindra Q1 revenue up 4%, profit up 7%

Anirban Ghoshal

Indian IT services firm Tech Mahindra, a subsidiary of automobile major Mahindra Group, reported a 4% rise in revenue and a 7% ....

30 July, 2019