Times of India — When Tanuj Mendiratta hit the road in December to raise money for his mobile marketing firm Appiterate, he found not many venture capital funds were keen on investing in business-to-business startups such as his. He needn’t have worried. The company’s product, already being used by online marketplaces such as Snapdeal, drew a lot of interest from Indian internet companies looking to beef up their mobile applications.
NASDAQ — Infosys Limited has joined forces with U.S.-based conglomerate General Electric Company and other members of the Industrial Internet Consortium (“IIC”) to develop innovative Internet of Things (“IoT”) offerings. Through this alliance with its peers, Infosys intends to consolidate its position in the global cloud market.
IUSB Preface —Nadella said: “We believe that low-priced broadband connectivity coupled with the scale of cloud computing intelligence that can be harnessed from data can help drive creativity, efficiency and productivity across governments and businesses of all sizes”. Google is also taking a similar step by providing free Wi-Fi at about 500 railway stations in India.
Datacenter Knowledge — Microsoft has brought online three cloud data centers in India to improve performance of Azure services for customers in the country. The Redmond, Washington, company becomes first of the top US public cloud providers to offer services in India from local data centers. Amazon Web Services does not have an availability zone in India – although it is currently building a cloud data center there, which it plans to bring online next year – and neither does Google Cloud Platform.
Times of India — MUMBAI: As a debate rages on about the net neutrality and the role of Facebook’s Internet.org platform, the social networking giant’s Indian partner for this programme Reliance Communications (RCom) said it has brought on board one million Indians to experience internet. “We piloted this for six months in seven circles. And in six months, I am happy to share with you, we brought nearly one million people to come on the internet and experience the internet,” Reliance Communications’ consumer business CEO Gurdeep Singh told the company shareholders here.
Times of India — WASHINGTON: India may soon displace China as Silicon Valley’s next frontier, a leading American daily has said, days after Prime Minister Narendra Modi visited the headquarters of technology giants Tesla, Facebook and Google. “China may be a Silicon Valley obsession, but India increasingly is in the conversation and may soon displace its Asian neighbour as tech’s next big frontier,” the popular USA Today said yesterday in a news dispatch from San Francisco.
The trend of Indian startups hiring high profile executives to help them scale up and compete with global rivals continues. The latest recruit is a Harvard MBA who was vice-president of global sales at Facebook for over six years and sales director for Google for nearly four years before that. Grady Burnett, who was also COO of app analytics company Flurry, began his professional life as a tennis player on the ATP circuit, but is now among the top players in tech.
India Times — BENGALURU: Infosys is building new solutions in the Internet of Things (IoT) space for its clients and has formed a partnership with long-time customer General Electric, at a time when the US-based industrial conglomerate is doubling down on industrial internet. Industrial Internet refers to the integration of appliances and machinery with sensors and software that are networked.
Prime Minister Narendra Modi has been praised for his salesmanship in Silicon Valley, for extracting large commitments towards Digital India from Facebook, Google, Microsoft, Cisco and Qualcomm. They pledged to partner with the government, and do their bit for rural communities in India.
Times of India — KOLKATA: Panasonic is targeting almost $2 billion (Rs 13,200 crore) in revenue from smartphones by 2018 as it makes a comeback in the business globally, with India as the key sales driver. The Japanese electronics maker’s optimism stems from the initial success it tasted in the country and the recent decision to make India its base for expanding business in south Asia and India, Middle East and Africa, Panasonic India MD Manish Sharma said.
Times of India — WASHINGTON: Impressed by Google’s flagship Project Loon — that takes internet to the remote and inaccessible areas — Prime Minister Narendra Modi believes this has multiple uses like long distance education, rural schools and telemedicine, officials said. He was given a briefing about Loon during his tour to the Google headquarters in the Silicon Valley over the weekend.
Tech In Asia — India’s mobile internet boom has brought in a new fund for startups. Giant chipmaker Qualcomm today announced an India-specific US$150 million venture capital fund for startups in the mobile and internet-of-everything (IoE) ecosystem. This fund will be established through its venture arm, Qualcomm Ventures.
Deal Street Asia — Infosys Ltd has partnered with Palo Alto-based venture capital firm Vertex Ventures US Fund I Lp to boost its access to start-ups focused on disruptive technologies. The move by Infosys Innovation Fund, which has an outlay of $500 million, puts India’s second-largest software services exporter in the league of technology titans such as Google Inc. that (through their corporate venture arms) have partnered with VC firms across the globe to find the next big thing.
Jewo City — Following the announcement, Kumar Sundaram wrote on Asia Progressive that Modi and Zuckerberg have come together to “end net neutrality in India“. While Mr Modi said India-US partnership was driven by economic ties, Mr. Obama said: “We also had a chance to talk about trade and investment”, adding that Mr. Modi is hoping that Indian Americans can contribute to India’s growth. The Internet entrepreneur and computer programmer also chose to include the Indian tricolour in his own Facebook profile picture.
Times of India — SAN JOSE: Prime Minister Narendra Modi on Saturday attended a townhall meeting with Mark Zuckerberg at the Facebook headquarters. Before the townhall meeting, both PM Modi and Zuckerberg changed their profile pictures on the Facebook. Here are important quotes from PM Modi and Zuckerberg’s townhall event:
Times of India — SILICON VALLEY: Endorsing PM Narendra Modi’s ambitious ‘Digital India’ programme, Microsoft CEO said it will bring about solutions for the challenge of digital divide. “Digital India will bring about solutions for the challenge of digital divide,” said Satya Nadella, who took over as Microsoft CEO last year, at a dinner interaction with Prime Minister Narendra Modi.
Times of India — PM Narendra Modi in his address at the Digital India event spoke at length on technological advancements and its impact on people and nation as a whole. Here’s are key takeaways from PM’s speech at Digital India event in Silicon Valley:
Times of India — SAN JOSE: India will play a big part in driving technology forward in the future, Google CEO Sundar Pichai said on Sunday as he praised Prime Minister Narendra Modi for accelerating India’s effort to become the next global hot bed of innovation and entrepreneurship. Driving technology forward would really improve people’s lives in India and all around the world, Pichai said.
India — Prime Minister Narendra Modi addressed the Digital India and Digital Technology Dinner in Silicon Valley, California on September 26. He met with global technology chief executive officers (CEOs) at the summit, some of whom were India. Modi began his speech by thanking the CEOs present, including Google CEO Sunder Pichai and Microsoft CEO Satya Nadella. Some tech leaders also announced India-specific projects like free Wi-Fi at 500 railway stations by Google, and Microsoft’s cloud platform plans.
India Times — NEW DELHI: Canada-based cloud computing startup PerfectCloud is planning to set up support office in India within three months to cater clients in Asia Pacific, Middle East and Africa market region. “PerfectCloud already has development office in Noida. We are in process of setting up support office here within three months. It will cater to our clients in Asia Pacific, Middle East and Africa market,” PerfectCloud CEO and founder Mayukh Gon told PTI.