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Indian origin entrepreneur's firm Skylo raises $103 million led by Softbank

New Delhi, Jan. 21 -- Internet of Things (IoT) solutions firm Skylo Technologies has raised $103 million in a new Series B round led by SoftBank Group, joined by its existing investors. Skylo said on... Read More


Amazon India to add 10,000 electric vehicles to its delivery fleet by 2025

New Delhi, Jan. 20 -- Amazon India on Monday said its fleet of delivery vehicles in the country will include 10,000 electric vehicles (EVs) by 2025. The move follows successful pilots across differen... Read More


Flourish Ventures may fund Indian firms in embedded finance, neo-banks this year

Bengaluru, Jan. 20 -- Flourish Ventures, a venture firm focused on financial services and fintech, may back companies in neo-banking, gig economy, embedded finance and insure-tech, in India this year,... Read More


Former Infy, Wipro execs launch venture to promote growth among women in tech

Bengaluru, Jan. 17 -- When Bengaluru-based IT professionals Geetha Kannan, Divya Ravindranath and Abhinaya S Rao were researching their new venture, they found two major gaps in the technology industr... Read More


Wipro Q3 profit falls 3.2% on slowdown in financial services

Bengaluru, Jan. 15 -- Wipro Ltd's profit fell 3.8% on a sequential basis to 2,463 crore in the quarter ended December. It had reported a net profit of 2,561 crore in the preceding three months. On a ... Read More


Our digital activities have been gaining momentum with retailers: Wipro COO

Bengaluru, Jan. 14 -- Bengaluru-based IT services firm Wipro Ltd, on Tuesday, announced its financial results for the quarter ended December. Top executives of the firm said that they are confident of... Read More


Wipro Q3 net profit falls 3.8% sequentially on slowdown in BFSI, consumer spend

Bengaluru, Jan. 14 -- Wipro Ltd's consolidated profit fell 3.8% on a sequential basis to Rs.2,463 crore in the quarter ended December 2019. For the September quarter, the company reported net profit o... Read More


AI not limited to pilot projects, now helps companies improve efficiency

BENGALURU, Jan. 13 -- The use of Artificial Intelligence (AI) is not just confined to pilot projects, with AI and related technologies now actively being leveraged to enhance various key processes in ... Read More


Unitus plans investments across jobtech, fintech, healthcare sectors

BENGALURU, Jan. 12 -- Unitus Ventures, a Bengaluru- and Seattle-based venture fund that supports early-stage tech startups, will invest in six or seven companies in jobtech, fintech, and healthcare th... Read More


Unitus Ventures to invest in 7 firms in jobtech, fintech, healthcare in 2020

New Delhi, Jan. 12 -- Unitus Ventures, a Bengaluru- and Seattle-based venture fund that supports early-stage tech startups, will invest in six or seven companies this year, in jobtech, fintech and hea... Read More