HERE to power global, real-time, location-based innovation for TCS DigiFleet™

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HERE Technologies, the location data and technology platform, today announced its partnership with Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, to bring real-time location-based services and analytics to its IoT-enabled SaaS suite, TCS DigiFleet™. TCS DigiFleet™ leverages IoT, AI, and machine learning to address global logistics challenges.

Tatas aim to raise up to $2.5 billion for its digital business

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With the super app in the making and expansion of digital business, Tata Sons is looking for investors to pump in money. The company reportedly approached global investors to raise an estimated $2-2.5 billion for its digital business as the company prepares for the pilot launch of its super app in Bengaluru in September.

Byju’s raises $50 million from IIFL, other investors

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Edtech firm Byju's has raised $50 million in its Series F funding round from investors. According to regulatory filings, the amount was raised from IIFL and Maitri Edtech. IIFL invested $35 million, while Maitri Edtech invested $15 million.

EdTech Platform Saarthi Pedagogy to empower Indian schools with Rs.7 Crores of Fresh Funding

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Saarthi Pedagogy set to Empower Indian Schools with Rs.7 Crores of Fresh Funding Ahmedabad based EdTech startup, Saarthi Pedagogy, that provides Technology Platform to integrate all segments of K-12 education for enabling stellar learning outcomes, has raised Rs.7 Crores in its first funding round.

Market regulator SEBI reconstitutes Takeover Panel

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Markets regulator SEBI has reconstituted its Takeover Panel, which looks into the applications seeking exemption from the mandatory open offer that an acquirer needs to make to minority shareholders. The regulator has appointed N Venkatram MD and CEO, Deloitte India as the new member of the Takeover Panel, latest update with SEBI showed.

Wipro to roll out salary hikes for 80% employees from Sept 1

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In a piece of good news to employees of IT services giant Wipro, the company on Friday announced it'll give wage hikes to junior employees, who form 80 per cent of its workforce, from September 1, 2021.

Valyu.ai Ropes In Pramod Lamba as Chief Customer Experience Officer to Support Rapid Growth Plans

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Valyu.ai, a homegrown transformative fintech startup, announced the appointment of Pramod Lamba as a Chief Customer Experience Officer. In this newly created role, Pramod will ensure that Valyu.ai's customer experience strategies are in sync with the broader business, including marketing campaigns, new product categories and other business goals.

Startups reimagined: adapting to the post-Covid world

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Startups
image courtesy : Business vector created by freepik - www.freepik.com Rajat Jadhav, Co-founder, Bold Care dissects the forward-thinking strategies that startups need to stay relevant during the dynamic times of a pandemic and beyond The Covid-19 pandemic has cast new challenges on the lives of people around the world, and has even made indelible changes to the landscape of business. However,...

Indian UHNIs expected to invest US$ 30 billion in Indian Tech startups by 2025

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UNHI Investment
Image courtesy : Business vector created by pch.vector - www.freepik.com ·       India to have 150 Unicorns by 2025, growing 3 times by 2025 ·       Venture Capital & Private Equity constitute 20% of Indian Family investments ·       VC/PE investments contribute to 30% of overall returns in Indian Family investments Mumbai, June 18, 2021 – According to a newly launched report titled, “Turning Ideas to Gold,” jointly prepared by 256 Network and Praxis Global Alliance, India expects to add 95 new tech unicorns to its 56-strong unicorn pool by 2025. The report forecasts that Indian UHNIs will have invested up to the US $ 30 billion in tech startups in India by 2025, reiterating the growing investment opportunity for home-grown...

Yotta appoints Dr. Sayed Peerzade as Executive Vice President and Chief Cloud Officer

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Yotta Infrastructure today announced the appointment of Dr. Sayed Peerzade as the Executive Vice President and the Chief Cloud Officer of the company. The former Group CIO of Reliance Entertainment and industry leader will lead Yotta on the path of digital transformation and cloud innovation with his extensive experience across sectors such as Media, Broadcasting, Data center, Telecom, BFSI & Retail industries.