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NextBillion.ai raises $21Mn in Series B funding round

NextBillion.ai, a spatial data and mapping platform for enterprises, has raised a $21 million led by Mirae Asset Venture Investments in its Series B funding round, including participation from existing investors Lightspeed, Microsoft’s venture arm M12 and Alphawave....

Data Centres receive investment worth USD 2.2 Bn in 2021: Knight Frank India

Leading global consultant in India, Knight Frank, in their latest report Investments in Real Estate- trends in private equity investments in India (Q1 2022)...

Delhivery stock plunges below IPO price in grey market ahead of listing

The shares of Delhivery have slipped below the IPO price in the grey market ahead of listing on May 24. Delhivery is a logistics and supply chain startup. ...

Intel announces new plans to invest in sustainable data center solutions

Intel has announced two new investments in its continuing efforts to create more sustainable data center technology solutions. Intel unveiled plans to invest more than $700 million for a 200,000-square-foot, state-of-the art research and development mega lab focused on innovative data center technologies and addressing areas such as heating, cooling and water usage....

LIC IPO: shares slid 6% on debut day, raises concern

In a fresh setback to their market debut on Tuesday, Life Insurance Corp of India’s (LIC) shares slid six percent, raising far less for the government than initially envisioned. ...

Since 2014 presale, $1.6 billion worth Ethereum crypto wallets missing

Since its "presale" in 2014, the owners of Ethereum have lost their crypto wallets containing 532,426 Ethereum with a current market value of $1.6 billion. ...

Nelco and Telesat conduct LEO satellite demonstrations in India

Nelco and Telesat have successfully conducted their first in-orbit demonstration of high-speed broadband connectivity in India with Telesat's Phase 1 Low Earth Orbit (LEO) satellite, marking yet another milestone for bringing next-generation satellite communication technologies to the country....

Cloud based digital solutions will enhance agility, empower hybrid workspaces, and facilitate IP led innovation

Microsoft’s Future Ready Industry week, ITES edition brought together industry luminaries from across India’s dynamic ITES sector to share perspectives driving India’s digital transformation in the sector. Industry leaders from leading organizations like Tech Mahindra,...

Royce Thomas joins as President and Chief Business Officer of CtrlS

Royce Thomas, an industry veteran and a senior leader from the global data center, cloud technology and telecommunications industries has joined CtrlS as President and Chief Business Officer...

Syniverse joins hand with Twilio to unlock the power of communications technology

Syniverse and Twilio announced that the companies have closed on their previously announced strategic partnership. Twilio has invested $750 million for common equity in Syniverse, and the two companies have expanded their strategic and commercial partnership. Twilio is now a significant minority owner of Syniverse with Carlyle maintaining its majority stake....