Amazon India has started hyperlocal grocery deliveries, including fresh vegetables and fruits from its own stores, in the cities of Bangalore, Delhi-NCR region, Mumbai, and Hyderabad. Two years ago Amazon used to deliver groceries including fresh produce from third party stores such as Hypercity and BigBazaar in under two hours,...
Startups in India's Defense Sector Forge Ahead
With the Government of India permitting 100 percent foreign direct investment in India's defense industry, many startups in India's private sector have started to design technologies that can be used in manufacturing defense equipment. Bangalore-based Aadyah Aerospace builds electro-mechanical actuators, control actuation systems and electro-optics systems for missiles and launch...
Levi's Consolidates S. Asia, N. Africa and Middle East Businesses
San Francisco-based denim corporation Levi's merged its South Asia market operations with those of the Middle East and North Africa citing common consumer preferences and synergies across these markets. These three geographies account for $200 million in wholesale revenue, and form the fastest growing business unit within Levi's globally. The...
Indian Startup Uses Artificial Intelligence to Detect Breast Cancer
NIRAMAI, an acronym for Non-Invasive Risk Assessment with Machine Intelligence, uses thermography and machine learning to detect early signs of breast cancer. Founders of Bangalore-based startup Niramai Health Analytix, Dr. Geetha Manjunath, a PhD in computer science and Nidhi Mathur an MBA from the Indian Institute of Management, Bangalore, developed...
Boeing to Set Up Engineering and Technology Facility in India
Seattle-based commercial aircraft maker Boeing will invest $170 million to set up a new facility for engineering and technology which will manufacture and assemble electronics /avionics in Bangalore, India. The Karnataka state government gave permission for the project which will be set up on about 36 acres of state-owned land...
Google Invests $12 million in Indian Startup
Having picked up a significant minority stake in Bangalore, India-based Dunzo, a hyper-local concierge and delivery player, Google made its first direct investment of $12 million in an Indian startup. With a chat-based interface, the Dunzo app facilitates daily tasks management -- individuals can create ‘to-do lists’ and collaborate with...