Delaware registered Coinbase Global, Inc., branded Coinbase, that operates a remote-first cryptocurrency exchange platform, acquired Bangalore-headquartered Agara, an artificial intelligence-enabled support platform for over $40 million. This is Coinbase's first India acquisition as it aims to expand in the country. Founded in 2017, Agara creates virtual voice assistants that integrate...
AstraZeneca Launches a Clinical Data and Insights Division in India
British-Swedish multinational pharmaceutical and biotechnology company AstraZeneca set up a clinical data and insights (CDI) division in Bangalore for data-related management of its clinical trials. The CDI is a critical advancement that will support a growing global portfolio and build on internal data expertise. It will function across therapy areas...
Bangalore-based Company Wins Wiring Contract with Boeing Saab
Fokker Elmo SASMOS Interconnection Systems Limited (FE-SIL), the joint venture between GKN Aerospace, a British company and India's SASMOS HET Technologies Limited, was awarded a contract from Saab to manufacture Electrical Interconnection Systems (EWIS) for the Boeing-Saab T-7A trainer aircraft aft section. Under the multi-year contract, FE-SIL, located in Bangalore...
Spireon Expands Operations to India
Irvine, CA-based vehicle intelligence company, Spireon, announced the launch of its subsidiary, Spireon Telematics India Pvt. Ltd., at Bangalore. The new facility will support the parent company with product innovation and engineering. The launch of Spireon Telematics India follows the company's five-year partnership with a managed service provider in the...
Rakuten to Double India Engineer Head Count
Japanese electronic commerce and online retailing company Rakuten, based in Tokyo, plans to double its workforce in India to 2,000 within two years at its Bangalore-based unit, Rakuten India Enterprise. Despite the company's online shopping platform not being available in India, the algorithms that power the $37 billion business in...
Dialpad Expands India Tech Team
San Francisco headquartered Dialpad Inc., announced its India team expansion to support its research and development. Provider of AI-powered communication and collaboration, Dialpad has seen an increasing demand for its cloud-based unified communications solutions due to the increase in flexible working environments during the COVID-19 pandemic. The India team will...