But the real opportunity is in the startup space. Tanushree shared these stats in her editorial Currently, there are over 100 space startups in both the upstream and downstream segment of the space value chain in India.
The Investing Opportunity in Indias Chandrayaan Success – Live Mint Read More »
In 2017, Swiggy bought Asian food startup 48East from Bangalore. Later, Mumbai based food and apparel delivery firm Scootsy Logistics was purchased by Swiggy, which ultimately shut it down. In September 2018, it acquired Mumbai based milk delivery startup SuprDaily.
Digital native venture that specialises in food delivery besides quick commerce, Zomato, had a reason for joy as it turned profitable for the first time clocking 2 crore in the first quarter of this financial year.
SpendIT: Zomatos tech budget nears 50 mn mark – Tech Circle Read More »
Merative, a leading global data, analytics, and technology company, officially welcomes its India Global Capability & Innovation Centres across Bangalore, Hyderabad and Chennai. This team will enable Merative to achieve its purpose of combining trusted technology and deep industry expertise to serve more than 4,500 clients in healthcare and government social services around the world.
India on Wednesday created history by becoming the first nation to land a spacecraft, Chandrayaan3, near the south pole of the moon The success of India s third lunar mission makes it only the fourth country to achieve the milestone after the US, Russia and China.
The Karnataka government has launched a deep tech cluster seed fund of INR 25 Cr to nurture startups specialising in deep tech and AI Having recently approved the cybersecurity policy, the state is also preparing a white paper outlining an ethical framework for governing.
Bengaluru Is A Global AI Hub: Karnataka IT Minister Priyank Kharge – INC 42 Read More »
In a regulatory filing, the firm stated, “The company entered into MoU with Government of Karnataka (Electronics, IT and BT Department) for an investment of Rs 3,750 crore to setup semiconductor assembly & testing (OSAT) facility and printed circuit board (PCB) manufacturing plant through its step down subsidiaries.”
Kaynes Technology hits record high on inking MoU with Karnataka Govt – Capital Market Read More »
Shares of Kaynes Technology India Ltd. hit an all-time high on Friday after it signed a Memorandum of Understanding with the Karnataka government for Rs 3,750 crore. The project involves setting up a semiconductor assembly and testing facility and a printed circuit board manufacturing plant, through the company’s step-down subsidiaries.
Kaynes Technology Shares Surge 15% After Bagging Rs 3,750-Crore Project – BQ Prime Read More »
Kaynes Technology on Thursday, August 24, 2023, announced that it has signed a Memorandum of Understanding (MoU) with Karnataka government to drive innovation. The MoU with Kaynes will put Karnataka in the forefront of OSAT and PCB with an investment of Rs 3,750 crores. It will also help in creating 3,200 jobs by harnessing collective expertise.
Kaynes Technology and the Karnataka IT-BT department has entered into a contract to set up a semiconductor assembly and testing facility (OSAT) in Mysuru. According to a statement from Kaynes Technology, the agreement entails an investment of Rs 3,750 crore to create 3,200 employment opportunities.
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