Jabil to Build New Silicon Photonics Unit in Gujarat with $125 Million Investment
In a groundbreaking move for India’s tech sector, Jabil, a major supplier to Apple, has announced a $125 million investment to establish a silicon photonics unit in Gujarat. This new facility will not only boost India’s semiconductor capabilities but will also strengthen the country’s position in the global…
Tata Consultancy Services (TCS), one of India’s largest technology companies, has taken a big step towards advancing digital health, robotics, and AI with its latest partnership with IIT Kharagpur. Together, they have set up an advanced research center in Kolkata that promises to push the boundaries of innovation in technology. This new center is a major milestone in TCS’s strategy to…
Stellaris Venture Partners Launches $300 Million Fund to Support India’s Startup Ecosystem
Stellaris Venture Partners, an early-stage venture capital firm based in Bengaluru, has raised $300 million for its third fund. This brings the firm’s total assets under management (AUM) to more than $600 million, reflecting its growing influence in India’s thriving startup ecosystem. The new fund will…
India’s AI landscape is heating up, and Neysa is ready to make its mark. The Mumbai-based startup has just bagged $30 million in funding, setting its sights on competing with global hyperscalers like AWS, Google Cloud, and Microsoft Azure. Led by tech entrepreneur Sharad Sanghi, Neysa aims to cater to the surging demand for AI solutions in India, projected to hit a staggering $17 billion by…
Earlier this month, tech executives from Google DeepMind, Microsoft, and Meta Platforms converged in Bangalore to witness a major development from one of India’s leading AI startups. Sarvam AI, often compared to India’s version of OpenAI, unveiled a groundbreaking product that could revolutionize the use of AI in the country. Their new software enables businesses to interact with customers…
