Telstra India launches two Innovation and Capability Centres

The facilities, with a combined size of over 1 lakh sq. ft. will become hubs of innovation and will further strengthen Telstra’s efforts to diversify talent acquisition in India.

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Peppermint gets Rs-5 crore funding from Venture Catalysts, others

Peppermint, an industrial robotics startup, will use the funding from Venture Catalysts and others to fuel its manufacturing, and research and development (R&D) as well as expansion in India and the Middle East.

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Skeps raises $9.5 million in funding led by Bertelsmann India Investments

The company intends to use the funds to expand the sales, marketing, engineering, and product teams, grow their merchant and lender client base, and broaden services offered to their customers.

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Amazon tries to crack India’s produce market by wooing farmers

The Seattle-headquartered giant has begun offering real-time advice and information through a dedicated mobile app to help farmers make decisions on crops and even deploy machine learning technology. The program -- which Amazon dubs Reactive and Proactive Crop plans -- promises to provide growers with cutting-edge technology and insights.

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Savings startup Jar raises $4.5 million from Arkam Ventures, Tribe Capital and others

The Bengaluru-based startup, which launched its product three months ago, has garnered 500,000 users and is growing at around 350% month-on-month, its cofounder and CEO Nischay AG said.

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Accenture, the silent partner cleaning up Facebook for $500 million a year

Facebook and Accenture have rarely talked about their arrangement. But their secretive relationship lies at the heart of an effort by the world’s largest social network to distance itself from the most toxic part of its business.

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Hero Electric ties up with Wheels EMI for electric two-wheeler loans

The collaboration with Wheels EMI offers extra benefits to Hero Electric customers such as attractive interest rates and flexible tenure options, as well as fast disbursals with minimum documentation.

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