Amsterdam headquartered automaker Stellantis inaugurated its second software center in Bangalore, India. Its first global digital hub in India is in Hyderabad. Spread across 50,000 sq.ft, the facility will serve as the main development center for the SmartCockpit Technology Platform that will focus on digitally integrating vehicles and drivers. The hub,...
Boeing expands India Outsourcing
With the aim of hiring employees for roles in engineering, manufacturing, and product development, plane maker Boeing said that it will cut 150 finance jobs in the U.S., with more to come next year, to simplify its corporate structure. The company informed the nonunion corporate staff in an all-hands virtual...
6 Cities of India in Top Tech Hubs List across APAC
According to a report by Chicago, IL headquartered real estate services Cushman and Wakefield, globally, 46 top tech markets were identified from more than 115 tech cities in total. While Beijing leads the list, six of the 14 cities in the Asia Pacific region, based on the key evaluation metrics...
India May Produce 250 Unicorns by 2025
According to a latest report from Bangalore-based investment fund Iron Pillar, a growth capital investor specializing in mid-stage technology companies that are "Built from India for the World," by 2025, India is expected to have more than 250 unicorns or privately held startups with a $1 billion valuation or above....
Coinbase Acquires India’s AI Startup Agara
Delaware registered Coinbase Global, Inc., branded Coinbase, that operates a remote-first cryptocurrency exchange platform, acquired Bangalore-headquartered Agara, an artificial intelligence-enabled support platform for over $40 million. This is Coinbase's first India acquisition as it aims to expand in the country. Founded in 2017, Agara creates virtual voice assistants that integrate...
AstraZeneca Launches a Clinical Data and Insights Division in India
British-Swedish multinational pharmaceutical and biotechnology company AstraZeneca set up a clinical data and insights (CDI) division in Bangalore for data-related management of its clinical trials. The CDI is a critical advancement that will support a growing global portfolio and build on internal data expertise. It will function across therapy areas...