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Indian Companies to Double Tech Hiring this New Year
The Indian companies are stepping up and hiring technology talent this New Year. This is basically because digital will play an important role for many of the businesses as they gear up for disruption. According to the reports, the hiring of digital and technology talent will double in the year ahead as businesses transform, customer […]
London based OweMe Raises $1 Million in Seed Funding
London based OweMe which is a startup that helps companies move money efficiently through their supply chain has reportedly raised an amount of $1 million in Seed funding.This round was led by pi Ventures. The company basically increases profitability by removing supply chain costs using provenance and disintermediation for banks, large corporate buyers and suppliers. The company is […]
HTC is not Quitting the Smartphone Market
It was recently reported that smartphone maker HTC will be quitting the market soon, however, the company has now refuted all these claims stating that it will continue to strengthen its smartphone business. With this, the company will even launch new devices in the year-end and in early 2019 as well. Along with this, HTC also […]
US-based Ness Digital Eyeing to Acquire two Firms in Cloud Space
US-based Ness Digital Engineering which is a digital engineering services firm is in advanced talks to acquire two companies in the cloud space. Also, the firm is planning to hire 1000 people to its workforce over the next year. “We completed one acquisition in April… we are in discussion with two other potential partners in […]
China’s Digital Economy to Become World’s Largest
China is the largest economy of the world and now, the digital economy of the country is also expected to become the world’s largest amid rapid development as stated by the Hong Kong E-Commerce Association Chairman Joseph Yuen at the second Beijing CED Internet Summit. The overall revenue of China’s e-commerce, online travel, and digital […]
Infosys Ties Up with Cornell University to Train Employees
The IT giant Infosys has announced a three-year partnership with Cornell University for the purpose of training employees in emerging technologies such as blockchain, machine learning and human-computer interaction. Following the collaboration, at least 3000 Infosys employees globally are expected to participate in the joint certification programme. The other employees will participate course-by-course. “The Cornell University brand […]
Crypto Currency Exchange Zebpay is Closing Down
One of India’s largest crypto-currency exchanges Zebpay is reportedly shutting down the company and closing its business. The Indian crypto market faced difficulties after the Reserve Bank of India barred banks and financial institutions from dealing with virtual currencies, including Bitcoins. “Despite regulatory and banking problems along our journey, we continued to look for solutions as we […]
IoT Market in China is Witnessing Rapid Growth
The internet of things (IoT) market in China reached more than 1 trillion yuan ($146 billion) last year, and is expected to maintain rapid growth in the next few years. In China, IoT has enjoyed a compound annual growth of more than 25 percent from 2009 to 2017, and the IoT cloud platform has become […]
US-Based Y Combinator Backs Indian Rental Startup ZiffyHomes
Home rental service startup ZiffyHomes which is based in Gurugram has secured an amount of $120,000 from a US-based startup incubator Y Combinator. This investment by Y Combinator has been made for its summer cohort 2018. It had earlier made an investment in one more Indian startup for the same. It was last month that the […]
EdTech Company Edureka Raises $2 Million To Accelerate Growth
The Bengaluru based online education startup Edureka has reportedly secured an amount of $2 million in its first round of funding from privately funded venture investor known as Leo Capital. With the help of the amount raised through this funding, the company intends to reach the aggressive growth targets and bring in more senior expertise […]
Reliance Jio on a Hiring Spree of Experts Under Akash Ambani
The Mukesh Ambani-led Reliance Jio Infocomm has started its hunt for a team of experts to work under Akash Ambani regarding the Artificial Intelligence (AI) of the firm. Apart from AI, the company is also seeking for young people to work on machine learning and blockchain technology (a digital ledger in which transactions are recorded). […]