September 15th, 2018The 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 the key to ignite competition in the...
March 21st, 2018Green Tech Startup Facilio raised a funding round of around $1.5 million from Accel Partners.
Founded in March 2017 by former Zoho Executives Prabhu Ramachandra, Rajavel Subramanian and Yogendra Babu, the firm runs facilities on autopilot from maintenance to sustainability; meaning that it manages to build operations in real time...
November 25th, 2017IoT (Internet of Things) and SaaS (Software as a Service) startup TempoGo has recently raised a funding of $250K from Javelin Startup-O Victory Fund.
TempoGo also raised an additional funding from Dubai based NB Ventures, a $50 million fund whose Indian investments include logistics startup LetsTransport and fitness app...
October 31st, 2017South Korean technology major Samsung plans to mass-produce IoT-enabled products in the consumer durable space over the next two to three years.
It is expected that this high-end, cloud-based networked technology will become more affordable for developing markets and emerging economies.
IoT stands for Internet of...
September 1st, 2017Rane Holdings Ltd, the parent of auto component manufacturer Rane Group, has acquired a majority stake in Internet of Things (IoT) startup Telematics4U Services Pvt. Ltd, it said in a stock-exchange filing.
Chennai-based Rane Holdings acquired 70% stakes for Rs 1.17 crore via subscription of fresh stock and share purchase from...
