BusinessNews

“Cisco Opens First Manufacturing Facility in India, Targets $1.3 Billion Revenue”

Cisco has inaugurated its first manufacturing facility in India, situated in Sriperumbudur near Chennai, Tamil Nadu. The facility, launched on September 27, 2024, will focus on producing routing and switching products, beginning with the Network Convergence System (NCS) 540 series of routers. The event featured remarks from Union Minister Jyotiraditya Scindia, Tamil Nadu Minister for Industries…
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BusinessNews

Zoomcar Launches First Fulfillment Center in Chennai, Plans Extensive Expansion for 2024

Zoomcar, a prominent player in the self-drive car-sharing industry, has taken a significant step in its expansion strategy by launching its first fulfillment center in Chennai. This development is part of a broader plan to set up over 100 similar centers across India by the end of 2024. Additionally, the company intends to increase its fleet by adding 1,000 new cars to its platform within the…
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BusinessNews

Due To Cites Performance Issues Ninjacart Lays Off 200 Employees

As per two individuals in the senior administration, Ninjacart has been in ‘cost-saving’ mode for as long as couple of months and has chosen to diminish its staff across ground activities, center and senior administration since November 2020. The organization, be that as it may, credited the cutbacks to execution and honesty issues. “I used to deal with a group of more than 100…
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BusinessStartup

Medical care startup Medfin raises Series A round drove by HealthXCapital, Blume Ventures

Medical care startup Medfin said on Thursday it had raised an undisclosed Series A subsidizing round drove by Singapore-based HealthXCapital and Blume Ventures. Japan’s Dream Incubator and existing speculator Axilor — which had seed-supported the organization in March 2019 — additionally took an interest in the round. Medfin, which gives childcare surgeries top specialists in India at…
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