Oracle has launched a global-first accelerator program in Bangalore to incubate startups. The announcement closely follows CEO Safra Catz’s of a $400 million investment to expand the Bangalore technology center. Called the Oracle Startup Cloud Accelerator, the program will incubate 5-6 early-stage technology startups building innovative solutions through a six-month...
Make in India Exhibition Gets Response
The Make in India week, organized by the Department of Industrial Policies and Promotion and the western state of Maharashtra created avenues for showcasing, connecting and collaborating for manufacturing in India. The response from corporate investors from domestic and international markets was significant , and 2,094 memorandums of understanding were...
Oracle Inaugurates Product Development Center in Gujarat, India
Ramping up its engineering and product development team, Oracle India has inaugurated its 10th product development center in Gujarat International Finance Tec-City, Gandhinagar, reports Business Line. The company invests $1.6 billion of its annual $5 billion R&D budget in its India product development centers. In FY2015, Oracle hired more than...
Oracle Plans to Set Up Data Centers in India
With the government of India’s initiatives such as Digital India, e-governance and m-governance, Oracle expects an increase in demand of data services in the country, and plans to set up its own data centers to host applications and other cloud-based solutions. “Today we have around 600 products in the cloud;...
Stanford Grad Makes and Sells Wine in India
Rajeev Samant studied engineering at Stanford University and then worked at Oracle. But, he says, "I really wanted to do something that I was really passionate about when I wake up every day, and that was something that I wasn't feeling in my corporate job. I strapped on a backpack...