Irvine, CA-based vehicle intelligence company, Spireon, announced the launch of its subsidiary, Spireon Telematics India Pvt. Ltd., at Bangalore. The new facility will support the parent company with product innovation and engineering. The launch of Spireon Telematics India follows the company's five-year partnership with a managed service provider in the...
Zymr Opens Third Tech Center in India
San Jose, CA-based cloud technology services provider Zymr Systems inaugurated its third development center in India's southern city of Bangalore the fourth largest technology cluster in the world after Silicon Valley, Boston, and London. Ashok Desai, chief business officer and co-founder said, " Zymr can establish even closer ties with the...
Y Combinator's Ralston Bullish on India Startups
Every year, the Mountain View, CA-based seed stage accelerator Y Combinator accelerates two startup batches and invests $150,000 each in them. In this year's summer 2019 batch of startups the company inducted 12 Indian startups out of the 140 that they interviewed. Company president Geoff Ralston said that India is...
Flex Expands Operations in India
San Jose, CA-based Flex, electronics and original design manufacturer launched a new manufacturing facility, Flex Chennai Industrial Park 3, at Walajabad, in India's southern state of Tamil Nadu. In addition to this new plant, Flex has ten other facilities in India totaling more than one million square feet. Richard Hopkins,...
Aridis Pharma Enters Option Agreement with Serum Institute of India
San Jose, CA headquartered Aridis Pharmaceuticals entered into an option agreement with Serum International BV (SIBV), -- an affiliate of Pune-based Serum Institute of India, Ltd., -- the world’s largest vaccine manufacturer by dose units. The deal grants SIBV the option to license multiple programs from Aridis and access its...
Europe Sources iPhones Made in India
Cupertino, CA-based Apple has started to export iPhones to some European markets from India; the total number of iPhone 6 and iPhone 7 models exported so far to Europe are about 100,000 units a month. Initially, Apple's vendor set up iPhone manufacturing in India to avoid import taxes and allow...