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Reuters: Reliance, global tech firms to invest $9.3 bn in industrial area

Reliance Industries (RIL) and more than 20 technology firms including Cisco Systems, Siemens, Corning, HP, Dell, Nokia and Nvidia will invest $9.34 billion over...
US dollar

IoT tech co Losant mobilizes $5.2 mn in funding

Losant, an enterprise Internet of Things (IoT) start-up, has raised $5.2 million in Series A financing from new and existing investors. CincyTech led the round...
Engineering student

Education technology co Varsity Tutors mobilizes $50 mn funding

Education technology company Varsity Tutors has closed a $50 million Series C funding round. The latest funding assisted the technology company to reach its total funding to $107...
Airline crew and technology

Airlines explore technology to avoid crisis related to overbooking

Major airlines such as British Airways, JetBlue and Qantas are exploring a new technology to avoid crisis related to overbooking, Reuters reported. Many airlines overbook...
jio-for-students

Education tech co IMAX Program raises $13.5 mn

Education technology start-up IMAX Program has raised $13.5 million from the Michael & Susan Dell Foundation, LGT Impact Ventures, and existing investor Aspada. Bangalore-based IMAX...
WeTravel team

Travel technology co WeTravel mobilizes $2 mn in funding

WeTravel, a payment technology platform for travel companies, has mobilized $2 million from Berkeley-based The House Fund, Brett Wilson, the former CEO of TubeMogul, and other...
US dollar

Food tech company Foodpanda to invest Rs 400 crore in India

E-commerce company Foodpanda plans to invest Rs 400 crore in India to enhance presence and delivery network through investing in latest technology. Foodpanda plans to...
US dollar

Recruitment tech platform Joveo raises $5 mn

Joveo, a recruitment technology platform, has raised $5 million in Series A funding -- led by Nexus Venture Partners. The technology startup will use the funding to accelerate...
Turkish Airlines

Pratt & Whitney inks deals with Turkish Airlines, Aircalin, Swiss Air Lines

Pratt & Whitney, a division of United Technologies, announced airline technology deals with Aircalin, Swiss International Air Lines and Turkish Airlines. Aircalin, the flag carrier airline of New Caledonia,...
Defence and IT investment

India’s defence sector updates on IT spending

India’s defence minister Subhash Bhamre has shared an update on the IT implementation at the defence sector. The Defence Services in October 2016 drafted ICT...

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