In India since 1951, IBM India has expanded its operations with regional headquarters in Bangalore and offices across 20 cities. "The biggest growth for us is going to come from the financial services. We are going to consolidate telco and look at new revenue streams because telco is an industry...
Britain's Apax Partners to Acquire India's Healthium Medtech
British private equity firm Apax Partners LLP., headquartered in London, England, is set to acquire India’s largest surgical and wound care products maker Healthium Medtech (formerly Sutures India) in a deal estimated at $400 million. San Francisco- and Fort Worth-headquartered private investment firm TPG that held a 73% share in Healthium,...
AngelList Launches Syndicate Services for India
San Francisco-based AngelList, a crowdfunding platform and start-up community, launched ‘Syndicates for India’— a way for investors in India to invest alongside experienced angels and venture investor funds that invest in India’s vibrant tech ecosystem. For investors, syndicates are a private single-deal investment vehicles that let an investor invest in...
Levi's Consolidates S. Asia, N. Africa and Middle East Businesses
San Francisco-based denim corporation Levi's merged its South Asia market operations with those of the Middle East and North Africa citing common consumer preferences and synergies across these markets. These three geographies account for $200 million in wholesale revenue, and form the fastest growing business unit within Levi's globally. The...
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...
Twitter Goes Lite in India
San Francisco-based Twitter launched a lighter version of its platform -- Twitter Lite -- in India. The browser-based product which uses 70 percent less data and loads 30 percent faster than the app, will also be available in Indonesia and Philippines soon. "India is a critical market for us....