Tata Consultancy Services, a leading global IT services, consulting, and business solutions organization, launched Jile 4.0, a major release of its on-the-cloud enterprise Agile DevOps platform that enables software teams to manage, automate and measure the end-to-end software delivery value stream from ideation to deployment. With Jile 4.0, teams can choose an Agile Way of…
Brooks Automation, Inc.,announced that it has acquired RURO, Inc., an informatics software company based in Maryland. The total cash purchase price of the acquisition was $15 million, subject to customary working capital and other adjustments. RURO provides cloud-based software solutions to manage laboratory workflow and bio-sample data for a broad range of customers in the…
PTW, the industry-leading video games and tech services outsourcer, announced the opening of their new India flagship studio in Bangalore. PTW is a long-time industry leader with an established and diverse dossier of top-tier clients across multiple verticals. “We launched our first site in India eight years ago. Since then, our needs have changed significantly,…
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has introduced ‘Hero Connect’, a cloud-based solution bringing smart riding experience for customers. Hero Connect, the new-age app for the new era of connected mobility, will be offered across segments with initial readiness in four models, including XPulse 200, Pleasure+, Passion XPRO and HF Deluxe.…
MakeMyTrip has recently announced that its current Group Chief Executive Deep Kalra will be stepping down from his position giving the helm of the company to Rajesh Magow. “(Kalra) will devote his full time to pursuing strategic initiatives, including product innovation and expansion, geographic growth, business model innovation, and corporate development, in his new role…
Tata Elxsi, a global design company that blends technology, creativity, and engineering, has won this year’s iF Design Award, a world-renowned award for design excellence. Tata Elxsi won this award for its innovative and exceptional design concept for Mixed Reality (MR) Based Smart Assistive Wearable Devices. These devices have been designed by the company to…
Dr. Reddy’s Laboratories Ltd. announced that it has entered into a definitive agreement with Wockhardt Limited to acquire select divisions of its branded generics business in India and a few other international territories of Nepal, Sri Lanka, Bhutan and Maldives for a consideration of Rs.1850 Crores. The business comprises of a portfolio of 62 brands…
Armis, the leading enterprise IoT security company, announced that Insight has completed its venture acquisition of the company, which was announced on January 6, 2020, at a valuation of $1.1 billion, with participation from CapitalG for $100 million and rollover from certain existing stockholders. Armis will continue to operate independently and will be fully managed…
MoEngage, an intelligent customer analytics and cross-channel engagement platform, announced that it has raised $25 mn in Series C funding. Eight Roads Ventures led the round with participation from its US-based sister fund, F-Prime Capital, along with Matrix Partners India and Ventureast. The new round of funding will be utilised to deepen relationships in Asia,…
SpeeDx. Pty Ltd, the developer of innovative clinical diagnostics to support improved patient outcomes, announced it has raised $15 million in additional series B equity investment from U.S.-based Northpond Ventures. “SpeeDx’s molecular diagnostic solutions are having a profound global impact in the areas of STIs, antibiotic resistance markers, and respiratory diseases,” said Michael P. Rubin,…
Numerator, a US-based, data and tech company reinventing market research, announced that the company is opening its Engineering center in Pune, Maharashtra. Over the next 2 years, Numerator plans to ramp up staff significantly and will aim to deliver leading-edge and mission-critical technologies to its large, multinational customers. Currently, Numerator is headquartered in Chicago, IL,…
ABB India, a technology leader that is driving the digital transformation of industries, announced that it has won two significant orders to supply traction equipment for Chittaranjan Locomotive Works (CLW) – the manufacturing unit of the Indian Railways, and industrial drives to Megha Engineering & Infrastructures Limited (MEIL) in their oil drilling segment. Both these…
PA Media Group, the UK-based news and information business, announced that it has acquired Alamy, a leading supplier of stock imagery. The acquisition sees the PA Media Group enter the stock imagery market for the first time. It also supports the Group’s long-term strategy to diversify its business and consolidate its position as the UK’s…
WorkIndia, a Blue-collar recruitment platform, announced that it has raised Rs42 cr from Chinese tech major Xiaomi. Previous investors of WorkIndia who have done multiple investment rounds in the company include Beenext Pte ltd and a Japanese hedge fund Asuka Investments among others, the company said. In the company’s journey of less than five years,…
As robotics and advanced automation continue to spread throughout the American workplace, workers express conflicting and sometimes flatly contradictory attitudes about the impact these new technologies will have on their lives. According to the third annual national study from edtech firm MindEdge/Skye Learning, nearly one-third (32 percent) of American employees report that advanced technology –…