Atlanta, GA based Ebix Inc., will acquire a 60% stake for $8 million in New Delhi-based e-learning company Smartclass Educational Services Private Limited. This is Ebix’s ninth acquisition in India in a little over two years. Smartclass will be integrated into Ebix’s education and e-learning initiatives in India. The company’s...
Global, Indian Companies to Boost Smartphone Adoption in India
Google and India's telecom company Bharti Airtel have partnered to launch low-cost 4G smartphones powered by Android Go, a trimmed down version of Android 8.1 Oreo, in India. Noida-based Lava International Limited and New Delhi-based Micromax, will make the first set of 4G handsets powered by Android Go. Vani Venkatesh, chief...
Google Shortlists Four Indian Startups for Accelerator
Google shortlisted four startups from India for its fifth mentorship program Launchpad Accelerator that will begin on January 29, 2018, at the Google Developers Launchpad Space in San Francisco. Launchpad Accelerator is a six-month program from Google that includes an intensive two-week bootcamp in San Francisco and mentoring from more...
Google Invests $12 million in Indian Startup
Having picked up a significant minority stake in Bangalore, India-based Dunzo, a hyper-local concierge and delivery player, Google made its first direct investment of $12 million in an Indian startup. With a chat-based interface, the Dunzo app facilitates daily tasks management -- individuals can create ‘to-do lists’ and collaborate with...
Google Cloud Platform Launched in India
Google announced that its first Google Cloud Platform region in Mumbai, India, is now live. It offers several services including computing, big data, storage, and networking. Customers will be able to pay in Indian currency for the services. The launch marks Google's entry into this domain in India where it trails...
U.S., India, China, Lead in Artificial Intelligence
Malcolm Frank, head of strategy at IT firm Cognizant, headquartered in Teaneck, New Jersey, told CNNMoney that the United States, India, and China are far ahead of anyone else in artificial intelligence. In America, Amazon, Facebook, Google, and Tesla are investing billions of dollars to substitute for people in sectors such...