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...
India’s TCS Plans Massive AI Data Center Campus in Hyderabad
Tata Consultancy Services is planning a major new AI data center campus in Hyderabad that could eventually provide as much as one gigawatt of computing capacity, positioning the Indian city to host large-scale artificial intelligence infrastructure for global technology companies. HyperVault, a TCS subsidiary established to develop AI-focused data centers,...
Alcon Adds Second Global Capability Center in Bangalore
Alcon, one of the world's largest eye-care medical device companies, has expanded its Global Capability Center operations in India with the opening of a second Alcon Global Services facility in Bengaluru. The expansion is notable not simply because Alcon is adding office capacity in India, but because of the range...
Medtronic Allies with Apollo Hospitals to Innovate in Critical Care Technology
Medtronic is deepening its engagement with India through a new critical-care collaboration with Apollo Hospitals in Hyderabad that will serve not only as an advanced intensive care unit but also as a real-world environment for developing and evaluating medical technology. For readers not familiar with Apollo Hospitals, it is the...
From Goods to Experiences: Imagicaaworld Maps Its Next Big Expansion
Imagicaaworld’s nationwide expansion is beginning to look less like a business plan and more like a statement about India’s changing leisure culture. As incomes rise and cities build out modern infrastructure, the country’s appetite for experiences—not just goods — is reshaping how entertainment companies think about growth. Over the next...
Marvell Expands India Investment to $250 Million
Santa Clara California-based Marvell Technology, Inc. is deepening its long-term commitment to India with a $250 million investment over the next three years, aimed at expanding its technology development, engineering talent, and infrastructure footprint. The announcement comes as the company celebrates 20 years of innovation in India, a milestone underscoring...