Investment

HCL Technologies has launched a dedicated HCL Microsoft Business Unit with offerings of Business Applications, Microsoft Dynamics 365, Microsoft Azure, IoT, and AI/Machine Learning.

The National Startup Advisory Council, constituted recently, is to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities.

Wings India 2020 will focus on rapidly changing dynamics of the sector, focusing on new business acquisition, investments, policy formation and regional connectivity, according to a senior aviation official.

The Federation of Indian Export Organizations (FIEO) has presented its wishlist for 2020-21 Budget, calling for double tax deduction scheme for internationalization of MSMEs and more shipping capacity in the country.

The Defence Acquisition Council (DAC) has approved procurement of equipment worth over Rs.5,100 crore from indigenous sources, including the sophisticated Electronic Warfare Systems for the Army designed by Defence Research and Development Organisation (DRDO) and manufactured locally by the Indian...

Department for Promotion of Industry & Internal Trade (DPIIT) will showcase a tableau on Startup India with a theme “Reach for the Sky” in this year’s Republic Day Parade on 26 Jan 2020 in New Delhi. 

Redis Labs, the home of Redis and provider of Redis Enterprise, has doubled headcount within India, expanded its presence across the country (Delhi, Mumbai, and Pune), and opened its first dedicated regional office in Bangalore in 2019.

Zomato, one of the largest food apps in India, has acquired Uber’s food delivery business in the country in an all-stock transaction. This gives Uber 9.99% ownership in Zomato.

Catalyst Fund, managed by BFA Global and Rockefeller Philanthropy Advisors (RPA), has announced a new GBP12 million (US$15 million) support for 30 startups across five key emerging markets for fintech innovation.

Startups from India will be presenting their innovations and technologies to chief executives of aerospace, civil aviation and air services heavy weights at the Singapore Air Show 2020 being held 11-16 Feb 2020.