Mumbai: SAP, Europe’s largest technology company, will on board 16 startups for its accelerator programme in India this year against seven last year, as it increasingly banks on artificial intelligence, machine learning and internet of things to push ahead with its global transformation in …
Tag: Russia
Global investors looking East to fund growing start-up ecosystem
Asia appears to be the new hotbed of activity for the start-up sector with successful investors, executives and entrepreneurs right from Russia to Israel eager to identify and support seed and early-stage businesses in the region. The immediate aim of these firms is the multi-billion dollar oppor…
Indian smartphone sales to double by 2020: Report
Smartphone sales in India will double to 200 million a year by 2020 but they will be less than half the number sold in China, according to Euromonitor International. The US smartphone market will shrink in the coming years, letting India overtake it in 2018. India will become the world’s second l…
BRICS meet in Agra to discuss pacts on MSME, services
BRICS countries – Brazil, Russia, India, China and South Africa – will try to thrash out an agreement on cooperation amongst Micro, Small, and Medium Enterprises (MSMEs) and a pact on services, including facilitation of business visas, in a meeting of senior officials in Agra this week. “Official…
Three Taiwanese companies heed ‘Make in India’ call
Taipei World Trade Center (TWTC), a Taiwanese government body to promote bilateral trade among countries, has announced that three Taiwanese Machine Tool companies are investing in India, Tongtai Machine Tool Company, Fair Friend Group and Chain Headway Machine Tool Company. Post the Taiwanese Ma…