Despite the government’s efforts to attract investment under its Make-in-India campaign, sales of manufactured goods fell 3.7% during 2015-16–the first decline in seven years–sparking fears of layoffs and debt default in the months to come. Spurred by a global slowdown and lack of demand, sales o…
Tag: IBM
India gives “wonderful opportunity” to help scale tech start-ups & SMBs: IBM CEO
Mumbai: India is witnessing one of the most pervasive adoptions of digital technologies in the world, IBM CEO Virginia ‘Ginny’ Rometty said here on February 16. She said digital adoption could be seen across enterprises in areas like telecommunications, financial services and industri…
Cloud push: From start-ups, SMEs to large companies, IBM serves them all
The role of the cloud is changing—it is maturing. It is now the platform for innovation and business value. This is where the US computing giant IBM is setting its sights, indicated by its shift to higher value cloud capabilities. Globally, the Armonk, New York-based firm has built a $12.7 billio…
20 start-ups register every day in Karnataka
The last four months of 2016 saw nearly 20 firms register with Karnataka’s Startup Cell every day .From just 27 startups registered at the time the Siddaramaiah government took over in 2013, the number has risen to 2,397 as of December end. In 2013, there was only one nodal officer for star…
IBM, Nasscom set up tech hub for start-ups
Global IT major IBM and Nasscom have teamed up to build a digital platform for start-ups to network with the ecosystem. To be hosted on IBM Cloud, the platform Techstartup.in helps start-ups, investors and venture capitalists and mentors to keep in touch with each other in Hyderabad. “We have lau…
Digital India: AppSpace launches app to help SMBs become digitally visible
Hyderabad: City-based startup, AppSpace Innovation Pvt Ltd, that has been incubated at the T-Hub, on November 26 launched a mobile platform `FindMe@ SmartSites’ that empowers small businesses to go digital. The startup has been set up by former IBM and Oracle techies. Commenting on the laun…
Digital economy on the rise, funds flow for cybersecurity start-ups
Bengaluru: When Vishal Gupta started Seclore, an enterprise security company in 2010, investors and customers were apprehensive. There was till then no established model of an Indian software provider in the cybersecurity space. “We had trouble establishing trust,” Gupta recalls. Gupt…
Postman raises $7 mn in funding from Nexus Venture Partners
Postman, a start-up that provides developers with a toolkit to build apps faster, has raised $7 million in fresh funding from Nexus Venture Partners. Focusing on helping developers build, run, test and share APIs (Application Programming Interface), Postman claims its toolkit is used by over thre…
Indian start-up story is becoming stronger, says IBM’s Chetan Naik
From PC to web to mobile era, IBM has been driving the technology revolution and replicating its success story across markets, including India. Big Blue’s flagship programme called Global Entrepreneurship Programme (GEP) is its biggest initiative currently, enriching the start-up ecosystem. As pa…
Google zeroes in on cloud offerings
With the Indian cloud computing market becoming increasingly competitive, Google is sharpening its focus on India for its Google for Work, a set of cloud-based offerings for enterprises, to raise productivity and internal collaboration. According to the company, India has become one of the fastes…