India is growing in importance as a hub for biopharmaceutical manufacturing, particularly in the context of the proposed Biosecure Act in the United States. The Act aims to restrict U.S. biotech companies from working with Chinese firms, potentially driving more business towards Indian contract development and manufacturing organizations (CDMOs). A...
Air India to Launch Nonstop Flights to Los Angeles, Seattle, Dallas
Air India is the only Indian airline currently operating flights to the United States, with services to Washington, New York, Newark, San Francisco, and Chicago. As part of its consolidation efforts, including a proposed merger with Vistara, Air India is looking to expand its U.S. operations by launching direct flights...
Compass Announces Plans for Tech Hub in India
New York City headquartered Compass, the real estate technology company, announced plans for a new technology hub in India's HITEC City at Hyderabad. The new tech hub plans to hire 200 product and engineering professionals in what will become the fourth Compass Tech Hub globally. The facility will help accelerate...
Singapore, Canada Sovereign & Pension Funds Favor India
Attracted by political stability, a growing middle class, and a reforms push making it more appealing for foreigners to invest, sovereign wealth funds are buying stakes in India businesses from airports to renewable energy. Wealth and state pension funds are investing in private markets, to complement an existing focus on...
Seattle's IntellaSphere Acquires Digital Agency in India
Based in Seattle, Washington, digital marketing platform IntellaSphere acquired Mumbai-based digital marketing agency Edgytal. IntellaSphere works with businesses to market more effectively using a socially collaborative approach. Edgytal will bring expertise in effective digital marketing for worldwide brands, developing presence, campaigns, and demand through all online channels. Aditya Mehta, managing...
ThoughtSpot Invests Additional $25 Million in India Facility
ThoughtSpot, a Search- and AI-driven Analytics platform headquartered in Sunnyvale, CA, announced plans to invest an additional $25 million in its engineering center in Bangalore, India. The funds will be used to expand its platform as also begin business operations in India to bring augmented analytics to enterprises throughout the...