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Motor vehicle manufacturing company Maruti Suzuki India invested over ₹1.99 Crore ($238.4 million) in Amlgo Labs on Saturday, with the aim of working in the fields of artificial intelligence (AI), machine learning (ML), cloud engineering, and data analytics to support businesses in making data-driven decisions. The carmaker said this is the second investment in a […]
Audience data and analytics firm Nielsen said it signed a deal with Lyft, ride-booking platform on Thursday, to measure Lyft’s in-app advertisements through Lyft Media. The data analytic firm said Lyft will utilize three measurement solutions, which are Nielsen ONE Ads, Brand Impact and Buyer Lift to enhance the effectiveness of the advertisement campaigns by […]
Semiconductor chips manufacturer Polymatech Electronics is set to launch its initial public offering (IPO) and is looking to raise around ₹750 to ₹1000 Crore ($89.9 million to $119.9 million),based on a report of Moneycontrol on Thursday. The report also said the price range is expected between ₹680 and ₹750 per share, while Polymatech also intends to […]
The Justice Department along with 16 other state and district attorneys general, on Thursday, filed a civil antitrust lawsuit in the U.S. District Court for the District of New Jersey against iPhone maker Apple, in Section 2 of the Sherman Act for monopolizing or attempting to monopolize smartphone making in the country. Apple, founded by […]
IT services and consulting GlobalSpace Technologies signed a memorandum of understanding (MoU) to acquire a 51% ownership stake in InnoPharm Healthcare, tech service provider in pharmaceutical sector, on Thursday. GlobalSpace Technologies said this strategic move intends to establish a powerhouse of integrated solutions and a unique value proposition for the combined client base, cross-selling opportunities […]
Bharti Airtel’s unit Bharti Hexacom is gearing up for its initial public offering (IPO), which is expected to launch in April. The company aims for a valuation of over ₹28,000 crore ($337.8 million), reported CNBC-TV18 on Thursday. The IPO is projected to raise about ₹4,300 crore, according to the report of CNBC-TV18 and this comes […]
IT services and consulting company Netradyne collaborated with TaSki Technologies, transportation solution provider on Wednesday, with an aim to gain access to real-time insights into driver’s behavior and interaction with customers. Netradyne said this agreement will allow TaSki to use Netradyne’sDriver•I which examines 100% driving time, TaSki will be able to detect possible risks, such […]
Car rental company Zoomcar partnered with online travel booking agency EaseMyTrip on Tuesday, to provide customers with more flexibility and ease to plan their vacations in summer. The company said this partnership will provide users an option to reserve their preferred Zoomcar straight from the EaseMyTrip app. Zoomcar’s vast fleet of over 25,000 vehicles, which […]
Online groceries and essentials delivery application Blinkit collaborated with home service platform Urban Company on Sunday, to supply Urban Company’s recently launched water purifiers, Native M1 and M2, at doorsteps in 30 minutes. In late October, Urban Company launched a new brand called Native, which is a new range of smart RO water purifiers. The […]
Civil engineering consultancy DKM Consult, on Tuesday, bought the combined expertise of three Singapore companies RaSpect AI, WaveScan and SquareDog Robotics to advance robotic inspection technology for the existing infrastructure in India. In order to introduce its AI drone inspection technology to the Indian market, DKM most recently, partnered with RaSpect AI. DKM said with […]
Modernization engineering company Sonata Software signed a joint go-to-market agreement with Zones, a global provider of end-to-end IT solutions on Monday. The company said as part of a five-year cooperation, Zones and Sonata Software will provide combined services and industry-specific solutions to enhance cost reduction and data optimization. This agreement will let clients take advantage […]
Robot maker Apptronik’s Apollo, commercial humanoid robot was recently employed by luxury car maker Mercedes-Benz, in its manufacturing facilities to empower the staff with customized technology. In late August, Apptronik launched Apollo, to operate in a warehouse and manufacturing unit and transform industrial workforce. Apollo being modular, has the flexibility to be mounted in any […]
