Developer of digital products, Oakland, California based Softvision expands its base in India by launching a digital studio in Bangalore. The company plans to hire 500 software engineers in niche skill areas such as mobility, iOS, Java Scala and Android over the next 12 months. Andres Angelani, CEO, Softvision, said,...
New Jersey based ATCS Sets Up Innovation Lab in India
New Jersey-based IT solutions company Advanced Technology Consulting Service (ATCS) expanded its operations in India by recruiting new staff and setting up its first Innovation Lab (I-Lab) in Jaipur, in the western state of Rajasthan. The company also opened a new office in Bangalore. "The I-Lab not only serves as...
Google Acquires India-Based Halli Labs
Halli Labs, where Halli (pronounced Hull - Lee) means 'village' in Kannada, the language of the southern state of Karnataka in India, is the latest AI startup acquired by Google. Based in Bangalore, the four-month-old startup's focus is building deep learning and machine learning systems to address what it describes as...
Rolls-Royce to Increase R&D Headcount in India
Rolls-Royce plans to increase its workforce to three times its current number at its research and development center in Bangalore, India, by end of this year. Rolls-Royce Director Benjamin Robert Story and Rolls-Royce India President Kishore Jayaraman met Federal Minister for IT Ravi Shankar Prasad to express their interest in...
Amazon Considers Inorganic Growth in India
After buying Whole Foods in the United States, Amazon is targeting groceres in India. Bangalore, India-based BigBasket, a five-year-old e-grocer, has signed a 60 day exclusivity agreement with Amazon India during which time Amazon will conduct a due diligence on the company's assets with a view to acquisition Valued at...
Intel Invests $178 Million for R&D in India
Santa Clara, CA-based Intel Corporation will invest $178 million in India to set up a new research and development center in Bangalore said Intel India's general manager Nivruti Rai at a news conference. This fresh investment is in addition to the $4.3 billion Intel invested in the country over the...