The USIndia Business Council (USIBC) and the Karnataka Innovation and Technology Society (KITS) have joined forces to expand their collaboration in key industry sectors. The partnership was formalized through a Memorandum of Understanding (MoU) signed on Wednesday, November 29, during the Bengaluru Tech Summit (BTS) in Bangalore, India.

The U.S.India Business Council and the Karnataka Innovation and Technology Society (KITS), Government of Karnataka, have formalized a Memorandum of Understanding (MOU) to expand collaboration in key industry sectors with a particular emphasis on information technology, biotechnology and electronics on Wednesday.

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This is the third time the tech investor, which owns 9.67% of Byju s, has marked down the company s valuation, after slashing it to $5.9 billion last November and further to $5 billion this June. At its peak in July 2022, Byju s was India s most valued startup worth $22.5 billion.

As the global startup investment slowdown begins to show signs of turning around, Southeast Asia s startup ecosystem should prepare for a new fundraising landscape. A new report released this month by Google, Bain & Co, and Temasek, an investment firm owned by the government of Singapore, revealed that investment into digital companies in Southeast Asia had reached its lowest level in six years.

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The information technology industry is expected to grow to $350 billion by 2030, from $200 billion at present, Infosys co-founder Senapathy “Kris” Gopalakrishnan said on Wednesday. Gopalakrishnan, who is also the chairman of the vision group for IT in Karnataka, was speaking at the inauguration of the three-day Bengaluru Tech Summit 2023.

The information technology industry is expected to grow to $350 billion by 2030, from $200 billion at present, Infosys co-founder Senapathy “Kris” Gopalakrishnan said on Wednesday. Gopalakrishnan, who is also the chairman of the vision group for IT in Karnataka, was speaking at the inauguration of the three-day Bengaluru Tech Summit 2023.

The information technology industry is expected to grow to $350 billion by 2030, from $200 billion at present, Infosys co-founder Senapathy “Kris” Gopalakrishnan said on Wednesday. Gopalakrishnan, who is also the chairman of the vision group for IT in Karnataka, was speaking at the inauguration of the three-day Bengaluru Tech Summit 2023.

The information technology industry is expected to grow to $350 billion by 2030, from $200 billion at present, Infosys co-founder Senapathy “Kris” Gopalakrishnan said on Wednesday. Gopalakrishnan, who is also the chairman of the vision group for IT in Karnataka, was speaking at the inauguration of the three-day Bengaluru Tech Summit 2023.