Fidelity Raises Lenskart Valuation by 12% to $5.6 Billion
Fidelity’s US-based fund has raised Lenskart’s valuation by 12%, setting its worth at $5.6 billion in updated records. Fidelity’s monthly update on its portfolio indicates...
Category : TECHNOLOGY
Cred Enters Insurance with Garage Platform
Fintech unicorn Cred has expanded into insurance distribution, starting with motor insurance. Cred uses its vehicle management platform, Cred Garage, to offer insurance products. Based...
Siemens Acquires Altair Engineering Software in $10.6 Billion Deal
Siemens plans to acquire Altair Engineering for $10.6 billion, aiming to boost its position in the rapidly expanding industrial software market. Siemens is offering $113...
TCS Signs 10-Year Partnership with Brazil’s Insper; Invests $8.6 Million
Tata Consultancy Services (TCS) has entered a 10-year partnership with Brazil’s Insper, committing Rs 50 million ($8.6 million) to boost innovation across South America. TCS...
JSW Group and Tata Looking to Invest $30 Billion in EV Industry
The Indian government is driving higher EV production and localizing supply chains to achieve a 30% EV penetration target by 2030, according to an S&P...
Apple Inc Exports $6 Billion Worth Iphones from India
In the six months ending in September, Apple Inc.’s iPhone exports from India increased by a third, highlighting the company’s efforts to increase domestic production...
Google Working on Training Gemini AI to Assist Computer Work
Automation is becoming an increasingly important aspect of modern life as we move toward a more digitalised world. Google intends to release an artificial intelligence...
YouTube Teams Up with Flipkart and Myntra to Launch Shopping Affiliate Program
YouTube announced the expansion of its shopping feature in India with the launch of the YouTube Shopping affiliate program, partnering with Flipkart and Myntra. The...
Nvidia CEO Aims for Growth in India Through New Partnerships
Nvidia CEO Jensen Huang is forming partnerships with major Indian companies, including Reliance Industries Ltd. and Infosys Ltd., highlighting the significance of India to the...
Qualcomm and Alphabet Partner for Automotive AI; Mercedes Signs Chip Deal
Qualcomm announced on Tuesday that it is partnering with Alphabet’s Google to provide a combination of chips and software, enabling automakers to develop their own...