Walmart Labs, the technology arm of Bentonville, Arkansas-headquartered Walmart, acquired two startups based in India to strengthen its customer service systems. Bangalore-based FloCare, a health tech firm, is one of them. It builds products and technologies that enables seniors to access affordable and scalable healthcare services. The company, co-founded by a...
Yahoo Opens "Big Data" Research Lab at IIT Madras
Yahoo! India's R&D unit has set up a grid computing lab at the Indian Institute of Technology, Madras in Chennai, India to facilitate research on “big data” and cloud computing. This cluster of high-end servers at the lab will allow researchers to access web-scale data and conduct research on big...
Yahoo! produces 30% of its intellectual property from India
India's role in global R&D has increased steadily in the last decade. My colleauges and I have directly participated in educating and encouraging North American and European corporation to include India and China as part of their global R&D ecosystem, through the Amritt Global Innovation Practice. Our clients are working...