Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology partners to its Engage network, providing access to expert engineers and specialists that can help customers deploy new services quickly and efficiently. Mastercard helps emerging brands build and scale their businesses,…
Tata Consultancy Services, a global IT services, consulting, and business solutions organization, announced that its customer Aviva Plc has won the 2020 Celent Model Insurer Award for Legacy and Ecosystem Transformation. As Aviva’s strategic partner, TCS leveraged its Machine First Delivery Model to automate and transform the insurer’s pensions operations. The program’s agile-led methodology entailed…
IBM and the city of Seoul, South Korea, have launched an AI-based virtual assistant for Seoul citizens using IBM Watson Assistant. The virtual assistant is part of the city’s “I Care You” project, which is designed to survey the changes to daily life and difficulties that citizens are experiencing due to the COVID-19 pandemic to…
Wipro, a global information technology, consulting, and business process services company, announced the successful implementation of a blockchain-based small-scale liquefied natural gas (ssLNG) trading/fulfillment platform for Uniper Global Commodities SE and its 100% LNG-for-trucks subsidiary Liqvis GmbH. Uniper SE is a leading international energy company headquartered in Germany. The platform built in collaboration with Uniper…
Mastercard and TransferWise, announced an expanded partnership to enable the issuance of cards in any market around the world where Mastercard is accepted and TransferWise is licensed. Mastercard has built a strong partnership with TransferWise, working with the global technology company since its issuance of its first debit card in Europe in 2018. Since then…
Geek+, a global AMR leader, and Körber, the global supply chain technology leader from software to materials handling automation, announced the beginning of a global strategic partnership. Together, the two companies declare a joint commitment to provide businesses worldwide with Autonomous Mobile Robots (AMRs) that can enable efficient, flexible, and smart logistics solutions, the Company…
Maruti Suzuki India Limited announced its partnership with Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub and incubation centre at the Indian Institute of Management, Bangalore (IIMB). This partnership will help startups working in technology-based innovations that can be applied in the mobility sector. The collaboration marks first-of-its kind initiative by an…
The Executive Chairperson of Biocon, Kiran Mazumdar Shaw recently through social media platform Twitter announced that she has tested positive for the novel coronavirus. In her tweet informing the people of her health, the 67-year old biotech industry veteran said, “I have added to the COVID count by testing positive. Mild symptoms n I hope…
Billionaire Mukesh Ambani-led Reliance Industries is reportedly in talks to acquire online furniture marketplace Urban Ladder and daily milk delivery service Milkbasket in an attempt to get a hold of the e-commerce business. According to a report by the Times Of India, the Indian conglomerate is in an advanced stage of talking with Urban Ladder…
AirAsia Group announced that it is accelerating its ongoing digital transformation journey further by implementing robotic process automation (RPA) in collaboration with Silicon Valley and India-based enterprise automation platform JIFFY.ai. Chief Transformation Officer Azli Mohamed said the implementation of RPA followed a review of AirAsia’s internal processes and workflows, which showed that business process automation…
HashedIn Technologies, an IT services and consulting company that builds intelligent SaaS solutions, announced that it has entered into a global strategic partnership with Snowflake, the Cloud Data Platform. This partnership combines HashedIn’s technical expertise with Snowflake’s exceptional solutions for Data and Analytics. Snowflake’s exponential growth, global presence, and willingness to invest in the Indian…
CureVac, a leading clinical stage biotechnology company in the field of messenger RNA and one of Germany’s leading contenders to develop a COVID-19 vaccine, said it aims to raise up to $245 million in an initial public offering (IPO) on the US Nasdaq, according to Reuters. The biotech firm said it plans to offer a…
Infosys, a next generation digital services and consulting compnay, announced expansion of its support for GovHack 2020 which is set to kick off on August 14th. A two-day hack event held simultaneously across Australia and New Zealand, GovHack gives competitors 46 hours to create concepts, mashups, and models with open government data. In doing so…
Eicher Motors Ltd subsidiary Volvo Eicher Commercial Vehicles Ltd (VECV), recently announced that it has acquired Volvo Bus India, a division of Volvo Group India Pvt. Ltd, for about ₹100 crore. Volvo Bus India is engaged in the business of production and sale of buses and coaches in India. “The transaction comprises of the proposed…
Visa, a global payments technology company, announced that it has successfully priced its inaugural green bond offering, totaling $500 million, paying a semi-annual coupon of 0.75% and maturing August 15, 2027. The green bond, believed to be the first issued by a digital payments network, will be used to help advance the company’s commitment to…