Givaudan, Switzerland-based manufacturer of flavors, fragrances, and active cosmetic ingredients, inaugurated a 430,000 square feet facility near Pune in the state of Maharashtra to meet the growing demand in the food and beverage and healthcare segments. The opening ceremony was attended by Givaudan top management including chief executive officer Gilles...
Parallel Wireless Partners with India's Telcos
Nashua, NH-based Parallel Wireless, a provider of end-to-end software-based network solutions ranging from 2G to 5G, is working with Reliance Jio Infocomm, Airtel, and Vodafone-Idea in India. These companies plan to enhance indoor coverage by deploying solutions such as small cells. Small cells are low-powered cellular radio access nodes that...
Blade Will Commence Helicopter-Ride Business in India
New York City headquartered Blade Inc., a ride-sharing app for helicopters, will launch in India's financial capital Mumbai, its first city outside the United States. Working with local partners Hunch Ventures based in New Delhi, Blade India will start the service in March 2019, and claims passengers will be able...
Blackstone to Invest in Second Auto Components Maker in India
Having acquired Chennai-based auto parts maker Comstar Automotive Technologies Private Limited for $150 million in April this year, New York-based Blackstone Group L.P. is set to invest in Gurugram-headquartered auto components maker Sona BLW Precision Forgings Limited. Blackstone will initially invest a minority stake, and will later increase its shareholding in...
PolyOne Expands Operations, Launches Tech Center in India
Avon Lake, Ohio-based PolyOne, provider of specialized polymer materials and services, launched a new thermoplastic elastomer production line at its Pune facility in India, as well as a technology center for new and existing R&D activities. This facility will enable some customers to source all their specialty polymer requirements from a...
India Company Acquires Boston Health Startup
Pune, Maharastra-based Persistent Systems acquired Boston, MA-based hospital data management company, Herald Health, a two-person health tech startup with successful pilots at Brigham and Women's and Boston Children's Hospitals in Boston. The deal was closed for $5.2 million. Herald Health has created a software platform that allows various hospital stakeholders...