Bengaluru | Pixr8 News

14Aug By AdityaNo Comments

INDIA

Amazon India launches Online Pharmacy in Bengaluru

Bengaluru, 14th July 2020: Amazon India has launched Amazon Pharmacy, marking its entry into the online medicine segment that has significant traction amid the COVID-19 pandemic. The service is being launched in Bengaluru initially and may be scaled up to other cities in the future. "As part of our commitment to fulfil the needs of customers, we are launching Amazon Pharmacy in Bengaluru allowing customers to order prescription-based medication, in addition to over-the-counter medicines, basic health devices and Ayurveda medication from certified sellers," an Amazon spokesperson said. This is particularly relevant in present times as it will help customers meet their essential needs while staying safe at home, the spokesperson said. E-pharmacies need to register with the Centr...

SAP to Set up Another R&D Campus in Bengaluru

1Dec By Gauri SinghNo Comments

INDIA

SAP to Set up Another R&D Campus in Bengaluru

Software and technology firm SAP is reportedly establishing a large new campus in Bengaluru near the international airport. This will significantly increase its R&D (research & development) presence in the city. The company’s executive board member Bernd Leukert, who is in charge of products & innovation, and who was in Bengaluru on Friday to mark the company’s 20th anniversary in India, said it would be a 40-acre campus, double the size of the existing one in Whitefield. “It’s a testimonial to the great talent and abilities here, and the extent to which people here have contributed to the overall success of SAP,” Leukert said. SAP has 11,000 employees in India, of which 7,500 are in core R&D, making it the German enterprise software company’s second largest R&D c...

Cisco & Tech Mahindra to Jointly Launch Digital Tech Experience Centre

29Nov By Gauri SinghNo Comments

News

Cisco & Tech Mahindra to Jointly Launch Digital Tech Experience Centre

Tech Mahindra and Cisco have together launched a state-of-the-art digital experience centre in one of the leading cities of India, Bengaluru. The facility, located at Tech Mahindra’s campus here, will showcase use cases for digitization in manufacturing, retail and smart cities such as asset visibility and yard tracking, city surveillance and incident management, smart lighting, waste management, environmental monitoring, city Wi-fi, machine connectivity and other areas. Tech Mahindra said the centre, which was inaugurated by C P Gurnani, chief executive officer and managing director, Tech Mahindra and Sameer Garde, President, Cisco India, and SAARC, would create a simulated environment of digital technology solutions to showcase joint capabilities in implementation and operations. I...

Cure.fit Acquires a Bengaluru-based Mental Health Platform

20Nov By Gauri SinghNo Comments

ACQUISITION

Cure.fit Acquires a Bengaluru-based Mental Health Platform

The popular healthcare startup Cure.fit has reportedly acquired a Bengaluru-based mental health platform Seraniti. Following the acquisition, the company will have over 70 centres for this vertical. Also, with this, it is trying to boost its mental wellness business Mind.fit. As a part of the deal, Cure.fit will onboard Seraniti's team of 15 therapists and its 8,000 customers. Seraniti is Cure.fit's second acquisition for the mental wellness vertical after the integration of a1000 yoga in 2017. The financial details of the deal have not been disclosed, however, Ankit Nagori, cofounder of Cure.fit stated that the company paid off the angel investors who had invested in Seraniti. "We believe the acquisition is a win-win for all our clients, as it will improve convenience (eight addit...

Bengaluru-based Daily Tasks Management App Dunzo Raises Rs 7 crore

10Nov By Gauri SinghNo Comments

FUNDING

Bengaluru-based Daily Tasks Management App Dunzo Raises Rs 7 crore

Dunzo, a daily tasks management app based in Bengaluru has reportedly secured funds amounting to Rs 7 crore ($962,500) in a funding round. This funding round was led by venture debt firm Alteria Capital. The company plans to utilize these funds for general corporate purposes and to expand its services, the filings stated. The company is run by Dunzo Digital and according to the filings with the Registrar of Companies, it raised this sum early this month by issuing secured non-convertible debentures. Prior to this, Dunzo raised $12. 3 million (Rs 80.8 crore) in a Series B funding round in December 2017 led by ed by global technology giant Google. The deal also marked Google’s first direct investment into an Indian company. The company was founded by Biswas, Ankur Aggarwal, Dalvi...

Zydus Hospitals Acquires One of the Hospitals of Columbia Asia

31Oct By Gauri SinghNo Comments

ACQUISITION

Zydus Hospitals Acquires One of the Hospitals of Columbia Asia

Zydus Hospitals has reportedly acquired one of the dozen hospitals of Columbia Asia Hospitals for an undisclosed amount. Columbia Asia stated that it sold its only hospital in Ahmedabad (Gujarat), of 90 beds, set up in 2014. Zydus already has two hospitals in Gujarat which is a 650-bed unit in Ahmedabad and the other one in Anand. With this, Columbia Asia has plans to relocate its employees at the Ahmedabad unit to its other hospitals in the country. Zydus Hospitals is the family-funded business of the promoters of listed pharmaceuticals company Cadila Healthcare Ltd. On the other hand, Columbia Asia is a hospital chain that was founded in 1994. All the hospitals of Columbia Asia have been set up by the firm itself, which will be open to acquiring hospitals as well. The remaini...

Unacademy Acquires Wifistudy to Tap into the Test Prep Market

27Oct By Gauri SinghNo Comments

ACQUISITION

Unacademy Acquires Wifistudy to Tap into the Test Prep Market

Bengaluru-based online education company Unacademy has acquired Jaipur-based online exam preparation platform and career portal Wifistudy in a bid to tap into the test prep market. The amount of the deal was around $10 million, mostly consisting of stock. The following acquisition will assist Unacademy to establish its existence in smaller Indian towns and cities where WiFiStudy has a stronghold. While it is a complete acquisition, Wifistudy will continue to operate independently under the leadership of Dinesh Godara, its co-founder and chief executive. “In the last few years, we have steadily grown with over 5,000 active educators who are imparting education to millions of learners. Getting WiFiStudy on board just seemed like the logical next step,” Gaurav Munjal said. "With over 4.5 ...

Facebook to Have its Largest India Office in Bengaluru

22Oct By Gauri SinghNo Comments

Tech

Facebook to Have its Largest India Office in Bengaluru

The social media giant Facebook is eyeing to take up about 220,000 sq ft office space in Bengaluru which would be their largest office in India. The company has acquired the space in Embassy Golf Links, an office park that houses marquee clients such as IBM, Microsoft, Goldman Sachs and reinsurer Swiss Re among others. With this, The city’s booming commercial market will now house all the Big Five tech firms that include Facebook, Amazon, Apple, Microsoft and Google. The company is expected to move into the new facility next year which would supposedly have a headcount of 2,200. The exact nature of operations is not clear immediately, however, the rent stands at Rs 130 per sq ft, or Rs 34 crore a year. The Menlo Park-based company opened its first India office in Hyderabad, in 201...

WeWork India Expands its Footprints in Mumbai & Bengaluru

22Oct By Gauri SinghNo Comments

BUSINESS

WeWork India Expands its Footprints in Mumbai & Bengaluru

The Indian arm of the popular co-working company WeWork that is based in New York has picked up 0.5 million sq ft office space in one of the largest deals by a co-working company. The space has been leased across four locations in two major property markets of Mumbai Metropolitan Region and Bangalore. This would push the company’s total portfolio to nearly 2 million sq ft. Bengaluru, drop by our newest workspace on Old Madras Road. To know more: https://t.co/T2MR7hQtTS#weworkindia pic.twitter.com/cad53LYhpE — WeWork India (@WeWorkIndia) October 15, 2018 Out of this, the largest lease is for nearly 2 lakh sq ft in Navi Mumbai, followed by nearly 1.5 lakh sq ft in Bangalore. Talking about the details, the leases have tenure of total 20 years including initial term...

Alten Calsoft Labs acquired Bengaluru-based Chip Design Company

16Oct By Gauri SinghNo Comments

ACQUISITION

Alten Calsoft Labs acquired Bengaluru-based Chip Design Company

The subsidiary of the $2.2-billion French IT firm Alten Group known as Alten Calsoft Labs acquired Bengaluru-based chip design company Si2Chip. The basic purpose of this acquisition is to expand its footprint in the VLSI (very large-scale integration) practice and bolster its semiconductor portfolio. Following this acquisition, the company will add 200 engineers to Alten Calsoft's VLSI division. According to the sources, the size of the acquisition is expected to be under $10 million. Talking about Si2Chip, the company has delivered over 200 projects and counts the top ten semiconductor companies as its customers. It was founded in 2013 and has a a deep understanding of IPs, and optimisation of system-on-chip (SOC) designs. “We are poised to deliver excellence in next-generation tec...

GO-JEK to Bring in 200 Engineers on Board in Bengaluru

5Oct By Gauri SinghNo Comments

News

GO-JEK to Bring in 200 Engineers on Board in Bengaluru

Indonesia-based ride-hailing player called GO-JEK has been planning to appoint 200 engineers in Bengaluru. This is being done to expand the portfolio of products in food delivery, taxi-sharing, logistics and digital payments among others. This step is being taken by the company with an aim to expand its presence across SouthEast Asia. In May, GO-JEK had said it would invest $500 million to enter markets like Philippines, Singapore, Thailand and Vietnam. It was last month that the company forayed into Vietnam's capital of Hanoi under the brand Go-Viet. With this, GO-JEK stated that it would be bringing in key officials across various product segments such as Data Scientists, Full-stack engineers, Data Engineers, Product Managers, UI/UX designers and Backend Engineers. The basic purpos...

SaaS Unicorn Freshworks Launches its Second India Office at Bengaluru

21Sep By Gauri SinghNo Comments

News

SaaS Unicorn Freshworks Launches its Second India Office at Bengaluru

Customer engagement software company Freshworks launched its second India office at Bengaluru. This unit will act as a second engineering center and will be focussed on building new platforms and to dedicate more resources to its data science requirements. The SaaS unicorn is preparing for scale - and handling a larger customer base will require the extra hands onboard. This will also help the company to go upmarket and win over bigger deals. “Speeding up product development and enhancing our AI/ML capabilities will be the prime focus as we continue to invest in nurturing niche engineering proficiencies. Bangalore will strengthen our Platform Services, Data Science, Data Platforms and Site Reliability Engineering teams,” said STS Prasad, Senior Vice-President of Engineering at Freshwor...