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...
July 11th, 2018The pocket-friendly hospitality chain OYO has announced a new acquisition. The company has taken over an Internet of Things (IoT) technology company known as AblePlus Solutions Pvt. Ltd for an undisclosed amount.
After this acquisition, the hospitality startup will be bringing in IoT into the basic zones of their hotel management...
April 23rd, 2018Tata Consultancy Services Ltd, India's largest IT firm is betting big on 'Business 4.0' to propel its revenues from new age-technologies like automation, cloud, and the Internet of Things to over $5 billion this year.
Rajesh Gopinathan, MD, and CEO at TCS reported,
There are numerous components of digital technologies, there is...
April 12th, 2018Chariot, an Internet of Things (IoT) startup received Rs 2 crore in a Pre-Series A funding round led by international venture capitalist firm, GEMs Partners. The capital raised will serve to service existing and future clients, to improve their technology and expand to newer markets.
This investment by GEMs partners will help us in...
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...
October 10th, 2017IIT-Kharagpur has signed a Memorandum of Understanding (MoU) with Samsung India for the setting up of a digital academy on the institute's campus.
The Department of Computer Science and Engineering in the institute would host the Samsung Innovation Lab and train students on the Internet of Things (IoT) through Tizen-based operating...
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...
August 5th, 2017The Govt of Odisha has recognized 80 startups in diverse areas, during the Second meeting of the Task Force held under the Chairmanship of Shri L.N. Gupta, IAS, Additional Chief Secretary, MSME.
During the meeting the Task Force was also informed about the 32 more startups applications which are under the process, by Dr Samarendra...
