Twitter, the San Francisco-based social network company, plans to set up a research and design center in Bangalore, its first such facility outside the U.S. Financial Times reports that this decision was taken to enable Twitter to accelerate its growth in emerging markets, and to tailor its service for countries...
San Jose Based Brocade Expands India Development Center
At the opening of its new Development Center in Bangalore, networking solutions firm Brocade announced it will invest $ 300 million in India over the next five years for supporting its new IP innovations. MarketWatch reports that this investment reinforces Brocade's commitment to accelerating growth in one of the world's...
Burger King to Expand in India
Burger King made an entry into the Indian market last November in a joint venture with Everstone Capital, and it opened 12 outlets in the National Capital Region and Mumbai. During the course of this year, more outlets will be opened in Bangalore and Punjab, said Rajeev Varman, CEO of...
Lowe’s Inaugurates Global Innovation Center in India
On February 11, Lowe’s Services India Private Limited, a subsidiary of U.S.-based home improvement retailer Lowe’s Companies, opened its Global Innovation Center (GIC) in Bangalore, India. The GIC will work on technology and analytics that will focus on the next-generation customer requirements and provide customers with a more personalized shopping...
Go East, Young Entrepreneur!
Here are three stories of entrepreneurs that went east to India, survived, and succeeded: Valerie Wagoner started her company ZipDial, which was acquired last month by Twitter, based on her insight of the potential of missed calls in the bandwidth deprived Indian mobile market. In 2013, Greg Moran and David...
India in Top 15 for Sealed Air, Growing Fastest
Fortune 500 company New Jersey headquartered Sealed Air Corporation says India is its fastest growing geography. "India for us I would call within Sealed Air, a mid-sized country, it's in the top 15 countries but with the highest growth rate," Jerome Peribere, president and CEO told the television network NDTV....