• ELECTRONICS
    Samsung Electronics to invest $9.6 billion annually in logic chips until 2030

    Samsung Electronics said on Wednesday that it would invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business. The investment until 2030, worth 133 trillion won in total, comes as the world’s top memory chip maker strengthens non-memory semiconductor businesses such as contract chip manufacturing, known as foundry, […]

  • NEWS
    LG Says to Invest in Robot Technology

    LG Says to Invest in Robot Technology South Korea’s LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalise on advancing artificial intelligence that may eventually lead to sophisticated machines performing everyday human tasks. LG, in a statement, said its appliances division is preparing the firm’s entry into the robotics […]

  • ELECTRONICS
    LG Says to Invest in Robot Technology

    South Korea’s LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalise on advancing artificial intelligence that may eventually lead to sophisticated machines performing everyday human tasks. LG, in a statement, said its appliances division is preparing the firm’s entry into the robotics industry with the aim to develop products […]

  • NEWS
    Apoorva Patni plans to invest Rs100 crore in healthcare sector

    Apoorva Patni, son of Patni Computers co-founder Ashok Patni, plans to deploy nearly Rs.100 crore in the healthcare sector through his fund Currae Healthtech Fund. Patni, who has invested about Rs.10 crore in seven healthcare technology start-ups since 2015, plans to expand the fund’s portfolios to 20 companies with an expected investment of about Rs.100 […]

  • NEWS
    Uber partners Invest India to mentor entrepreneurs

    Uber Technologies Inc., valued at $50 billion, is the world’s most highly valued start-up. Photo: Reuters Bengaluru: Uber, a ride-hailing service provider, Wednesday said it has partnered with Invest India, India’s official agency dedicated to investment promotion and facilitation, to mentor entrepreneurs over the next 12 months. Uber said it would host a series of […]

  • ALL DEALS
    Baidu says in talks to invest in Indian e-commerce start-ups

    Photo: Bloomberg Beijing: Baidu Inc. is in talks to invest in Indian e-commerce start-ups, including Zomato, BookMyShow and BigBasket, a spokesperson for China’s top online search provider said on Wednesday. “The Indian market represents an enormous opportunity for us to connect more people with services, and we plan to put more resources there in the […]

  • NEWS
    Amrita University’s incubation centre to invest $120,000 in four start-ups

    According to the Amrita University’s incubation centre, it has so far mentored 181 start-up ideas, built 31 products, filed for five patents and trained 6,700 students, and incurred zero loss from its investments. Chennai: Four start-ups have won seed funding worth a total of $120,000 (Rs.80 lakh) from Amrita Technology Business Incubator (TBI), supported by […]

  • ALL DEALS
    Unilazer Ventures, Peyush Bansal & Phanindra Sama invest in DailyObjects

    While three exclusive outlets will be set at the airports of Mumbai, Delhi and Bangalore, the rest would include shop-in- shop kiosks that will be launched across Delhi and NCR. Ronnie Screwvala’s venture capital firm Unilazer Ventures, Lenskart founder Peyush Bansal and redBus founder Phanindra Sama have invested Rs.9 crore in online gadget accessory store […]

  • NEWS
    InMobi, TaxiforSure founders invest in Wooplr

    The new funds will be utilized for geographical expansion. Currently, Wooplr has one office in Bengaluru and plans to set up offices in Delhi and Mumbai shortly. New Delhi: Wooplr Technologies Pvt. Ltd, which owns and operates fashion discovery app Wooplr, on Monday said it has raised an undisclosed amount from Naveen Tewari, Abhay Singhal […]