Friday, March 29

Search Results for: artificial intelligence

Bengaluru Based Flutura Raises $7.5 Million Series A Funding

Flutura Decision Sciences and Analytics (Flutura), the Industrial Internet-of-Things (IoT) company today announced a fund raise of $7.5 million (approx. 51 crore), one of the largest in the Industrial Intelligence space. This Series A round is led by Vertex Ventures and supported by Lumis Partners and existing investor, The Hive. Founded in 2012, Flutura provides […]

Axilor Ventures Plans to Accelerate Investments in Early Stage Startups

Axilor Ventures today announced that it plans to accelerate its investments in early stage startups. It is looking to double the intake of startups for its 100-day accelerator program, the applications for which are currently open. In the last two years since inception Axilor has supported 30 startups through its accelerator program and invested in […]

YASH Technologies Announces Acquisition of the Data Sciences and Analytics Arm of a Hyderabad Based IT Services Company

YASH Technologies, a leading technology services and outsourcing partner for global companies, today announced the acquisition of the Data Sciences and Analytics Arm of a Hyderabad based IT Services Company. This acquisition, while bolstering YASH’s IP footprint would add to the rich talent of Data scientists in the organization. “The acquisition strengthens YASH’s position in providing […]

Wipro Limited Announce Retirement of Executive Vice Chairman TK Kurien

Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that TK Kurien, Executive Vice Chairman & Member of the Board will retire on January 31, 2017 after completing a distinguished career with the company. Azim Premji, Chairman, Wipro Limited said, “TK has been an integral part of the organization’s […]

Alibaba Led UCWeb to Invest Rs 200 Cr in India

Alibaba Mobile Business Group firm UCWeb plans to invest Rs 200 crore in India and Indonesia over the next two years to push distribution of user generated content through its UC News platform. “We will invest Rs 200 crore over the period of 2 years in India and Indonesia to push user generated content like […]

Mobme Looking to Raise Upto Rs 130 Crore

Telecom and banking technologies start-up Mobme said it is looking to raise up to Rs 130 crore in the latter part of 2017 to invest in research and development and expansion to international geographies. “We are looking to raise Rs 100-130 crore after June, primarily for our digital banking and customer experience analytics businesses,” its […]

As its Boss Moves to Tata HQ, Investors Fret Over TCS Future

Moving the head of Tata Consultancy Services to the top job at Tata Sons’ holding company fills a critical hole for the salt-to-software conglomerate, but it leaves another at its most valuable company ahead of a complex and unpredictable 2017. The promotion of Tata veteran Natarajan Chandrasekaran – the well-regarded, high-performing boss of TCS under […]

Apple’s Entry into Car Industry Will Help iPhone

Apple is secretive about Project Titan, its alleged future mobility program. However, considering the recent hiring spree of automotive experts, patent publications related to connected car technology, and the $10 billion spent on research and development, Apple is expected to offer connected, autonomous and shared mobility solution. Frost & Sullivan’s Scenario Analysis of Apple’s Strategy […]

Boltt, a Delhi NCR Based Startup Developed AI-enabled Smart Shoes

Boltt, a Delhi NCR-based startup has developed a range of fitness wearables, such as smart shoes and bands, integrated with an artificial intelligence (AI) coach which can provide you a personalised dynamic feedback, based on your real-time performance and training. While a variety of fitness trackers and apps are available, most generate data that users […]

Regtech’ Startups See More Business in Trump Era

President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Companies whose technology helps banks and investors cope with the welter of post financial crisis regulations and avoid increasingly hefty fines – a sector known as “regtech” – are sanguine about Trump’s pledge to dismantle some of those […]

Infosys Invests 31.6 crores in Stellaris Venture Partners

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has signed a definitive agreement to a Limited Partner investment of INR 31.6 crores from its Innovation Fund in Stellaris Venture Partners, an India-based early stage venture fund. This investment is towards the first close of Stellaris’ fund. India’s startup […]

Infosys Invest 14.5 Crores in AI Based Startup UNSILO

Infosys a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has made an investment of 14.5 Crores in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis. UNSILO uses a unique combination of machine-learning and natural language processing to analyze large quantities of text and improve the speed […]