Starbucks Corporation will open its first Global Capability Center in India, in Chennai, in southern India. The coffeehouse chain expects the center to create more than 800 technology jobs. The two sides signed a memorandum of understanding on September 21, 2026. The center will be located at DLF Downtown in...
Uber Invests $10 Million in India Fleet Partner Carrum Mobility
Uber, headquartered in San Francisco, California, has invested $10 million in Carrum Mobility, a fleet management startup based in Gurgaon, Haryana in the Delhi National Capital Region. The Series B round values Carrum at $168 million, nearly tripling the roughly $63 million valuation the company carried after Uber's first $7...
Houston’s Lexitas Opens India GCC and AI Hub in Chennai
Lexitas, a litigation support company headquartered in Houston has opened a Global Capability Center, AI Innovation Hub and Strategic Operations Center in Chennai in southern India. The new facility expands on the company's India operations, first established in July 2024. Portrait from Lexitas corporate website The Chennai center currently supports...
India Powers Mercedes and MINI’s Global Ambitions
Mercedes-Benz in India Mercedes-Benz is elevating its Indian footprint beyond assembly lines. The company’s Bangalore R&D hub — its second largest worldwide — now employs over 8,000 engineers working on software, infotainment, and autonomous driving. CTO Jörg Burzer says India will play “a more important role” not only in tech...
IKEA Targets 30 Stores and Export Dominance in India
IKEA, the world’s largest furniture retailer, is significantly accelerating its investment in India, designating it a "priority market" for long-term growth. Despite global sales dropping to $51.7 billion in FY2025 from $52 billion the previous year, the company's Indian operations saw a 6% revenue increase and a 10% improvement in...
Qualcomm India Designs a 2 nanometer Chip
Qualcomm Technologies announced the successful tape-out of its 2-nanometer chip design, developed through its engineering centers in Bangalore, Chennai, and Hyderabad. Qualcomm Incorporated is an American multinational corporation headquartered in San Diego, California. It creates semiconductors, software and services related to wireless technology. The company said the milestone highlights the...