India's startups have begun to focus on technology and product innovation, and are now filing more patents than ever. This trend has created specialist early stage funds which are focused on grooming product innovation startups and headed by venture capitalists with domain expertise as well as entrepreneurial and operational experience....
Vaultbank Opens Office in India
Headquartered in San Francisco financial services company Vaultbank, opened an office and partnered with leading payment processors in India. Austin Trombley, founder of Vaultbank and vice president of Financial Innovation for Franklin Templeton, said, "With over 120 fiat currencies, we can truly support a global customer base. Our payment and...
Vision Impact Institute Spreads Awareness on Driver Safety in India
Dallas, TX-based Vision Impact Institute is finalizing a study on commercial driver safety in India, global executive director, Kristan Gross said. "There will be 25 million commercial drivers by 2020 in India," Gross added, "and half have vision issues." According to preliminary results from a study conducted in 2017, in...
NetApp Launches Data Visionary Engineering Center in India
Sunnyvale, CA-based hybrid cloud data services company NetApp inaugurated a new Data Visionary Engineering Center in Bangalore, India, to help customers and partners collaborate, innovate, educate, and drive digital transformation in the Asia-Pacific region. This center joins three other similar facilities in Sunnyvale, California; Triangle Park, North Carolina; and at...
India's Technology Startup Ecosystem Boosted by Siemens
Mentor, a Siemens business, announced a strategic collaboration program with THE GAIN (The Global Accelerator for Innovation Network) – a Bangalore, India-based technology accelerator company focused on product engineering IP startups. Both organizations will work with innovative Indian startups to accelerate, develop, and customize IP to address both domestic and...
Microsoft Announces First Solar Energy Deal in India
Microsoft announced the completion of its first renewable energy deal in India. Under the agreement, the company will purchase 3 MW of solar-power from Bangalore, India-based Atria Power for its new office building. The new deal will meet 80 percent of the projected electricity needs at Microsoft's Bangalore facility. Once completed,...