The Netherlands and the government of India's southern state of Karnataka will co-develop technology solutions in healthcare, said the Netherlands Ambassador to India Marten Van Den Berg. The Living Lab, a technology partnership that was set up in May 2018 during the visit of Dutch Minister for Foreign Trade Sigrid...
Funding for Healthcare Startups Surges in India
Data from Bangalore, India-based Tracxn Technologies shows venture capital investment in home-grown health-tech startups in 2018 is at an all-time high. With continuing investor interest, so far $510 million has been invested across eighty health-tech startups. These investments were led by medicine ordering website PharmEasy, which raised $115 million across...
Small Grocery Stores in India Digitize
With the grocery business in India being dominated by big names such as Flipkart, Walmart, Amazon and Grofers, as well as supermarket chains, smaller family-owned kirana stores are finding ways to stay relevant in this sector. The biggest advantage the kirana's have is proximity to the customer as well as...
Quanticate Inaugurates Third Office in India for Clinical Research
U.K.-based and global data-focused clinical research organization Quanticate opened a new office in Mumbai. The site will complement Quanticate’s existing offices in Bangalore and Hyderabad and will deliver statistical consultancy and statistical programming services to pharmaceutical, biotechnology, and medical device companies across the globe. Alan Morgan, chief operating officer at Quanticate said, "By expanding...
Blackstone-Owned Mphasis Acquires Stelligent Systems LLC
Bangalore, India-based Mphasis Limited, an IT company that is majority-owned by private equity firm Blackstone, has acquired Reston VA-based automation company Stelligent Systems LLC in an all-cash deal worth $25 million. "Our engineers will greatly benefit from being part of a larger, complementary tech-centric community; as well as serve enterprises...
Boeing Receives 1000th Super Hornet Assembly Part from India
Bangalore, India-based SASMOS HET Technologies Limited, a manufacturer of wiring harnesses, electro-mechanical assemblies, and unit integration products, delivered the 1000th F/A-18 Super Hornet electrical panel assembly, to Renton, Washington-based Boeing Company on schedule. Karl Jeppesen, vice president, Boeing Defense, Space & Security Supply Chain, said, "This delivery is not just...