Advanced technologies such as Artificial Intelligence, Machine Learning, Robotics, etc. have been prolific in catering to the high demand for automation across various industry sectors. Particularly the adaption of AI has been increasing across sectors due to its advantages such as reduced human error, zero risk, round-the-clock availability, digital assistance, faster decision making, etc. The healthcare sector is also no stranger to AI adaption due to the increasing healthcare issues. Incepted in 2016, AdviNOW Medical is transforming the healthcare sector by –leveraging Artificial Intelligence (AI) and Augmented Reality (AR) to…
Read MoreDay: December 5, 2020
Deloitte Agrees to Acquire HashedIn Technologies
Deloitte Consulting has agreed to acquire HashedIn Technologies Private Limited, a high-end product development and software engineering firm. This acquisition continues Deloitte’s longstanding and strategic investment in scaling core engineering capabilities to augment its deep business domain knowledge. Working with some of the most transformative companies of the digital age, HashedIn engineers market-leading solutions leveraging cloud native technologies and modern pod-based delivery. The combination of HashedIn’s services and Deloitte’s scaled digital, cloud, AI and cyber capabilities will deepen the capacity to design software products and intelligent solutions that drive innovation…
Read MoreKrikey launches augmented reality based game YAATRA with Jio
Krikey, an Augmented Reality mobile gaming company has launched YAATRA, a new augmented reality game in India, with Jio. Jio also led the Series A funding round, taking the total funding raised by Krikey to $22 Mn. Speaking on this occasion, Jhanvi and Ketaki Shriram, Krikey Founders commented, “Our vision with Krikey is to bring together inspiration and reality in an immersive way. With augmented reality, we are able to bring fantasy worlds into your home, straight through the window of your mobile phone.” With just their mobile phone camera,…
Read MoreRolls-Royce and Infosys form strategic partnership for civil aerospace business
Infosys, a global leader in next-generation digital services and consulting, today announced that it has been selected by Rolls-Royce Plc UK, a world leader in engines and propulsion systems, as one of the strategic long-term partners to deliver digital and engineering services. As part of this engagement, Infosys will leverage its industry-leading turbo machinery and propulsion practice to offer Rolls-Royce best-in-class, end-to-end complex engineering and digital solutions to meet its customers’ increasing needs for sustainable energy. Infosys has extensive experience delivering complex programs in aero and land based gas turbines…
Read MoreTVS Motor acquired IoT solution provider Intellicar Telematics
TVS Motor Company Ltd. on Tuesday said it has acquired Intellicar Telematics Private Limited and integrated Internet of Things (IoT) solution provider for Rs 15 crore cash. In a regulatory filing, TVS Motor said the acquisition of Rs 16.10 crore turnovers Bengaluru based Intellicar will help accelerate its ongoing digital initiatives targeted at delivering enhanced customer experience. Intellicar provides advanced fleet management solutions through an integrated platform powered by IoT technologies coupled with strong analytics and data management capabilities. Intellicar Telematics was incorporated in February 2015, in 2019-20: Rs.16.10 crore,…
Read MoreMG Motor India, Tata Power launch 60 kW EV fast-charging station at MG showroom in Agra
MG Motor India has launched Agra’s first 60 kW Superfast EV charging station in partnership with Tata Power. The public charging station was inaugurated at MG Agra Showroom as a part of #NHforEV2020 tech trial run flagged off in Delhi. The public charger will be available 24×7 for customers and comes with CCS/CHAdeMO fast-charging standards. The inauguration came as an extension of the Tech Trial Run conducted from Delhi to Agra, with the ZS EV covering the Delhi-Agra journey in a single charge. Speaking on the occasion, Mr. Gaurav Gupta,…
Read MoreGoogle in discussions to acquire social media startup ShareChat
Google is reportedly holding preliminary talks with Bengaluru-headquartered social media startup ShareChat for a likely acquisition at an estimated valuation of around $1.03 billion. According to a report in The Economic Times, both ShareChat and Google have signed a non-binding proposal and appointed investment bankers to take the talks forward. Google has already begun conducting the due diligence of the startup. The startup had last raised $40 million in a pre-series E round at a valuation of $650 million. For the $264 million it has raised so far, Sharechat has…
Read MoreSTChealth Partners With 1Health.io to Provide COVID-19 Saliva Tests
STChealth, the leading data exchange network for health systems used across the U.S. and internationally, announced it has partnered with 1Health.io, the leading technology company that provides precision testing as a service, to provide saliva-based COVID-19 tests as part of its strategic alliance providing a national comprehensive return-to-work program for employers. STChealth, Bridge Purchasing Solutions, Newmark Knight Frank and CuraLinc Healthcare recently formed The Strategic Actions for Employers (SAFE) Program to empower organizations to create a culture that protects employees and enables them to do their best work in the…
Read MoreHCL Technologies to acquire Australian DWS
HCL Technologies on Monday said it will acquire Australian IT solutions firm DWS Ltd, a move that will help the Indian company strengthen its position in the Australia and New Zealand market. In a regulatory filing, HCL Technologies said the total equity value pay-out will be 158.2 million Australian dollars after considering a total number of shares at 131.83 million on a fully diluted basis. The shareholders of DWS will also get a dividend of 0.03 Australian dollars per share which was declared by the company in its recent announcement…
Read MoreInfosys to acquire European consultancy firm GuideVision
IT major Infosys has signed a definitive agreement to acquire European consultancy firm GuideVision for up to 30 million euros including earn-out and bonuses. GuideVision’s training academy and near shore capabilities in Czech Republic, Hungary, Poland, and presence in Germany and Finland will strengthen Infosys’ ServiceNow capabilities for its clients in Europe. Ravi Kumar, President, and Infosys said, “This acquisition is an important milestone in our journey to build capabilities relevant to the digital priorities of our clients. This move reaffirms our commitment to the growing ServiceNow ecosystem.” ServiceNow is…
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