The investment centers on a new 140-acre research park iwhere the company will expand research and development, introduce new technologies and grow its India-based supply chain tenfold, Data Center Dynamics reported. Applied Materials already runs chip equipment design, testing, validation and research operations in Bengaluru, and has quadrupled its India...
Uber Invests $10 Million in India Fleet Partner Carrum Mobility
Uber, headquartered in San Francisco, California, has invested $10 million in Carrum Mobility, a fleet management startup based in Gurgaon, Haryana in the Delhi National Capital Region. The Series B round values Carrum at $168 million, nearly tripling the roughly $63 million valuation the company carried after Uber's first $7...
Indian Startup Combines Dogs, AI to Develop a Cancer Prescreening Test
Artificial intelligence may be replacing some jobs, but at a startup in Bangalore, dogs are still very much part of the workforce. Dognosis, an Indian healthcare startup, is combining the extraordinary sense of smell of trained dogs with sensors and artificial intelligence in an effort to develop a simple, noninvasive...
Alcon Adds Second Global Capability Center in Bangalore
Alcon, one of the world's largest eye-care medical device companies, has expanded its Global Capability Center operations in India with the opening of a second Alcon Global Services facility in Bengaluru. The expansion is notable not simply because Alcon is adding office capacity in India, but because of the range...
Sweden’s Elekta Introduces AI-Enabled Adaptive Radiotherapy System in India
Swedish medical technology company Elekta has placed its first Evo adaptive radiotherapy system in India, expanding the company’s presence in the country’s growing radiation oncology market. The system has been installed at Manipal Hospital in Yelahanka, Bangalore, and is being used to treat patients with rectal, cervical and prostate cancers....
From Goods to Experiences: Imagicaaworld Maps Its Next Big Expansion
Imagicaaworld’s nationwide expansion is beginning to look less like a business plan and more like a statement about India’s changing leisure culture. As incomes rise and cities build out modern infrastructure, the country’s appetite for experiences—not just goods — is reshaping how entertainment companies think about growth. Over the next...