While much of the American conversation about electric vehicles has centered on slowing domestic demand and shifting federal incentives, a Richmond, California company just demonstrated where the growth is going. Octillion Power Systems, a Tier 1 supplier of EV battery systems, has opened its third manufacturing plant in India —...
Reliance and Meta to Develop AI-Enabled Data Center in India
Menlo Park, CA- headquartered Meta signed an agreement with India's Reliance Industries to lease its first AI‑enabled data center in India. This facility will be located in the city of Jamnagar, in the state of Gujarat. Key features: The facility will provide 168 MW of capacity, with options to expand....
ColourPop Cosmetics Debuts in India
Californian makeup brand, ColourPop Cosmetics, has made its debut in the Indian market through a partnership with Nykaa, a leading India leading beauty retailers. The Seed Beauty-owned brand will be available on Nykaa's online platforms and in its physical stores across the country. The collaboration brings around 100 ColourPop products...
India Ships First Consignment of Plant-Based Meat to U.S.
India's Agricultural and Processed Food Products Export Development Authority (APEDA) announced that GREENEST, a plant protein food brand, shipped India’s first plant-based meat consignment to California from Nadiad, a city in the western state of Gujarat. India's Ministry of Commerce & Industry said that the 11,000 pounds consignment consisted of...
Cleareye.ai acquires India software company
Los Angeles, CA-based Cleareye.ai acquired Aiware.ai an artificial intelligence-based fintech solutions provider based in the southern state of Kerala in India. AIWare.ai offered its enterprise-based clientele quantum computing, distributed trust with blockchain and AI solutions. Cleareye.ai, on the other hand, provides AI-enabled services such as consumer experience sensing, insight generation...
Canada's Brookfield to Acquire Two Wind Farms in India
Canada's Brookfield Asset Management will acquire two wind farms from Hyderabad, India-based Axis Energy Ventures for $75 million The deal will be Brookfield’s first direct acquisition in the renewable energy space in India. In 2017, Brookfield acquired Missouri- and California-based SunEdison’s TerraForm Global Inc, a 300-megawatt portfolio in India as...