CRON Systems, the Delhi-based defence tech startup, today announced that it has signed a memorandum of understanding (MoU) for a strategic collaboration with Silicon Valley-based Quanergy Systems Inc., a global leader in the design and development of light detection and ranging (LiDAR) sensors and smart sensing...
Not having the right team (or having a wrong one) is the third main reason to why startups fail, states an analysis from CB Insights. It’s preceded only by the lack of market for their product and cash for keeping the business afloat. What this means is that...
Intel Corporation has announced the acquisition of NetSpeed Systems, a San Jose, California-based provider of system-on-chip design tools and interconnect fabric intellectual property. The startup was founded by Indian entrepreneurs - Sundari Mitra and Sailesh Kumar, who are both Indian graduates having vast experience with companies...
Over the last two decades, the Internet transformed the way our society functions in unexpected ways. Nowadays, even as we write this, the world is starting to move into a new era where blockchain technology is beginning to tell a similar story. India is already a hotbed for blockchain...
Indian car drivers will soon be sitting with Artificial Inteligence- (AI-) enabled digital co-drivers without occupying any seat in their vehicle as Germany-based startup German Autolabs is bringing world's first digital assistant for drivers in India next year, that is - in just four months of wait. Developed by Berlin-based...
In a recently held Digital Success Summit 2018 in Kolkata, West Bengal, the state IT secretary Debasish Sen disclosed that the state government is working on an app-based technology, which will have voice-activated and artificial intelligence (AI) related commands, for unorganised sectors including rickshaw pullers, Puchka sellers, or Toto...
Two global communications services giants, Sprint and Ericsson, have announced a global relationship to build a distributed and virtualized core network dedicated specifically to IoT (Internet of Things), in addition to a world-class IoT operating system. This new environment, which is purpose-built for the future of IoT, is designed...
CHennai-based startup AirOK Technologies has launched India’s first indigenously developed smart air purifier ‘Vistar’ at Chennai on Saturday. Equipped with Wi-Fi and touch interface, the purifier has filter that is not only relatively more efficient but also last longer than other air purifiers. Founded in 2014 by IIT-Madras alumni Deekshith...
Bangalore-based milk and grocery delivery startup DailyNinja has secured an undisclosed amount of funding from Matrix Partners India, with participation from existing investors Sequoia India and Saama Capital. The funding came within four months after the e-grocery startup had raised $3 million in a funding round...
