Co-Diagnostics, Inc., a Utah corporation, announced two developments aimed at improving global readiness for Ebola and other emerging viral threats. The company’s India joint venture, CoSara Diagnostics, has shipped SARAGENE Bundibugyo Virus Test kits to an independent laboratory after a request from C‑CAMP, a Department of Biotechnology-supported innovation platform. The...
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...
Nu Skin Plans to Enter India Market
Provo, Utah-based Nu Skin Enterprises, Inc., a multilevel marketing company, is currently facing significant challenges in customer and affiliate acquisition due to a tough macroeconomic landscape. Volatile foreign currency movements have also negatively impacted the company’s performance. The global macroeconomic situation is expected to remain difficult in the near term,...
India’s Godrej Acquires Tyson’s Stake in Poultry JV
Mumbai-based Godrej Agrovet Ltd. (GAVL), a diversified food and agri-business company, has announced a significant move in the Indian processed poultry market. The company has signed a definitive agreement to acquire the remaining 49% stake in Godrej Tyson Foods Limited (GTFL) from Tyson India Holdings Ltd., an affiliate of Springdale,...
Coinbase Acquires India’s AI Startup Agara
Delaware registered Coinbase Global, Inc., branded Coinbase, that operates a remote-first cryptocurrency exchange platform, acquired Bangalore-headquartered Agara, an artificial intelligence-enabled support platform for over $40 million. This is Coinbase's first India acquisition as it aims to expand in the country. Founded in 2017, Agara creates virtual voice assistants that integrate...
WWE Conducts First Tryout in Mumbai, India
Stamford, CT-headquartered World Wrestling Entertainment, Inc., (WWE) held its first tryout in Mumbai, India to scout for its next Superstar. Featuring more than 70 prospects from throughout the country, the camp was the biggest tryout in WWE history. During the four-day tryout, WWE selected Indian athletes to train at the WWE...