Eight leading venture capital and private equity firms from the U.S. and India have formed the India Deep Tech Investment Alliance, pledging over $1 billion in private capital over the next decade to support Indian deep tech startups and strengthen bilateral tech ties. It is chaired by my friend Arun...
Arun Kumar confirmed by the Senate to lead Commercial Service
The U.S. Senate has confirmed yet another Indian American nominee of President Barack Obama to lead the trade promotion arm of the U.S. Commerce Department charged with helping U.S. companies succeed in markets around the world. Kerala University physics graduate Arun M. Kumarwas confirmed to be assistant secretary of commerce...
Skanray acquires Larsen & Tourbo’s healthcare
Skanray Technologies, a medical equipment manufacturing Company based in Mysore, acquired Larsen & Tourbo’s healthcare business earlier this year. Skanray was founded by a team of 40 medical technologists and engineers and manufactures high-frequency X-ray machines and other medical devices. TThe company has a manufacturing facility at Mysore, India but...