The Intel Capital India Technology Fund, with a corpus of 250,000, was established in 2005-06 in India through which tech VC has invested a lot in data centre technology, telecom and infrastructure, apart from e-commerce.
It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.
Intel Capital, the investment arm of Intel Corp, is seeking further investment opportunities to support its WiMax (Worldwide Interoperability for Microwave Access) strategy, since it believes the technology could shake up the wireless data market.
Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.
The investment arm of US-headquartered chip-maker Intel Corporation expects India to add around 300 million internet users over the next five years.
Reliance Jio, together with partners, has tested its 5G solutions in India, successfully demonstrating speeds of over 1 GBPS, and its 'Made in India' solution is "globally competitive", RIL chairman Mukesh Ambani said on Thursday. Ambani also exuded confidence that the company will be the first to launch full-fledged 5G services in the country. Jio is not just working to make India '2G-mukt' (free from 2G) but also '5G-yukt' (5G empowered), he added. Jio's engineers have developed a 100 per cent home-grown and comprehensive 5G solution that is fully cloud native, software defined, and digitally managed.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
1mg has made buying medicines easy and it aims to do more in online health care.
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
Investors seem to be very keen on investing in startups.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Vani Kola left behind a stellar career as an entrepreneur in the US.
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
The Powerwall 'will be great for India where there is a scarcity of electricity. The sun is there pretty much all day and there is no real good way to store its energy,' Tesla CIO Jay Vijayan tells Ritu Jha/Rediff.com.
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SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
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