Headquartered in San Francisco financial services company Vaultbank, opened an office and partnered with leading payment processors in India. Austin Trombley, founder of Vaultbank and vice president of Financial Innovation for Franklin Templeton, said, "With over 120 fiat currencies, we can truly support a global customer base. Our payment and...
Temasek and Ascendas-Singbridge Group to Invest in India Logistics
Singapore-based Ascendas-Singbridge Pte Ltd., that offers urban development solutions, will invest $320 million in logistics and industrial real estate in India. The company launched the Ascendas India Logistics Program which targets developing a portfolio of thirteen to fifteen million square feet of space in key warehousing and manufacturing hubs in...
India Ranks in Top 10 Commonwealth Innovation Index
Commonwealth Secretary-General Patricia Scotland launched the Commonwealth Innovation Hub on April 16 the opening day of the 2018 Commonwealth Heads of Government Meeting in London. On the sidelines of the Meeting, a Commonwealth Innovation Index was launched where India was ranked at 10th position topped by the United Kingdom, Singapore,...
Dell: Indian Companies Ahead in Technology Preparedness
A Dell Technologies survey revealed that Indian companies are ahead in terms of technology preparedness: 38 percent of firms in India have already achieved human-machine integration while countries such as Australia and Singapore expect to attain this sort of integration in the next two years. China believes it is likely...
Siemens Launches Mobile Diagnostic Device in India
Siemens Healthineers, part of the Siemens Group, launched a device that embeds mobile technology with diagnostics in India. "We have signed an exclusive agreement with Jana Care for Aina, a blood monitoring system. It will be the world's first smart phone-based diagnostic system, which will enable detection and management of chronic...
Sequoia to Raise $1 Billion India-Focused Fund
Menlo Park, California-based Sequoia Capital plans to raise up to $1 billion for its sixth India-focused fund, making it the largest corpus raised for India markets. The corpus will be raised across multiple vehicles, such as as venture capital focused on technology companies, and growth-stage capital focused on consumer and...