Norway's Orkla to acquire another Indian Consumer Company

When I lived in Bangalore, one of the hottest restaurants in town was the Mavalli Tiffin Room, known to everyone at MTR. The owners of the restaurant diversified into the into the instant food business, selling spices and ready-to-eat south Indian snacks and condiments such as "chutneys" and "rasams.  MTR products rapidly...

India's Opto Circuits Supplies Oximeters, Digital Thermometers

Bangalore-based Opto Circuits, a medical device company that also owns subsidiaries in the Unites States says it has received orders for supply of  pulse oximeters and thermometers from global customers, as the demand for these products have increased substantially due to Covid19. The company manufactures Pulse Oximeters, Multi Para Monitor...

Cloud data manager Rubrik opens R&D center Bangalore

Cloud data management company, Rubrik  opened a new R&D center in Bangalore to accommodate its global engineering team. The company said the demand for its data management solution had grown significantly. “With the new R&D center, Rubrik is proving it’s unique dual development center strategy and strengthening strategic business and...

India, a Potential Bright Spot for Uber

Uber Technologies Inc's chief executive Dara Khosrowshahi aims to deliver a profit by pursuing growth from emerging markets such as India. Uber's stock plummeted 27 percent after a lukewarm initial public offering in May this year, but now the venture-funded private company is aggressively pushing into new markets, and will...

India’s First Crafted Gin Hits the U.K. Market

Bangalore-based Nao Spirits & Beverages introduced their Greater Than brand of London Dry Gin to the U.K. market in July. Greater Than is the first craft gin produced in India by entrepreneurs Anand Virmani and Vaibhav Singh. Nao Spirits produces two crafted gin products: London Dry Gin and Hapusa Himalayan...

Walmart Labs Acquires Two Tech Startups in India

Walmart Labs, the technology arm of Bentonville, Arkansas-headquartered Walmart, acquired two startups based in India to strengthen its customer service systems. Bangalore-based FloCare, a health tech firm, is one of them. It builds products and technologies that enables seniors to access affordable and scalable healthcare services. The company, co-founded by a...

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