Tech

Zomato and ICICI Bank Join Forces to Introduce UPI Payments for Seamless Food Ordering

Zomato, the leading foodtech company, has recently announced a strategic partnership with ICICI Bank, one of India’s largest private sector banks. The collaboration aims to enhance the convenience and efficiency of food ordering by integrating Unified Payments Interface (UPI) as a payment option within the Zomato app. With UPI gaining significant traction as a preferred …

Google Announces $1 Million Investment in IIT Madras for Responsible AI Research

Google, the global technology giant, has pledged a significant investment of $1 million in the Indian Institute of Technology Madras (IIT Madras) to support research and development in the field of responsible artificial intelligence (AI). The collaboration aims to advance the understanding and implementation of ethical AI practices. The investment from Google underscores the company’s …

Agraga, Unified Digital Logistics Platform, Raises INR 70 Crore in Series A Funding Round

Agraga, a leading unified digital logistics platform, has successfully raised INR 70 crore in a recent Series A funding round. The substantial investment comes as a testament to Agraga’s innovative approach to logistics management and its potential to transform the industry. The Series A funding round was led by prominent investors, including venture capital firms …

Digital Manufacturing Solutions Provider Leumas Secures INR 7 Crores in Funding

Leumas, a leading provider of digital manufacturing solutions for brands, has successfully raised INR 7 crores in a recent funding round. The investment comes as a testament to Leumas’ innovative approach and the growing demand for digital manufacturing solutions in the industry. The funding round was led by prominent investors, including venture capital firms and …

Foxconn’s $500 Million Investment Signals Expansion in Indian Plants Amid Apple’s Production Shift

Foxconn, the world’s largest contract electronics manufacturer, has announced plans to invest a staggering $500 million in its Indian plants. The move comes as Apple, one of Foxconn’s key clients, shifts a significant portion of its production to India, aiming to diversify its supply chain and reduce its dependence on China. This substantial investment by …