Investment
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Telangana Invites Queensland to Invest in AI City and Universities Telangana IT and Industries Minister D. Sridhar Babu has formally invited the Queensland government to invest in the state’s proposed AI City near Hyderabad. A high-level delegation from Queensland led by Finance, Trade, Employment and Training Minister Rosslyn Mary Bates visited to explore opportunities for strategic collaboration. The visit marks an important step… |
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Arm Company Considers Expanding Bengaluru Office Amid Semiconductor Innovation Focus British semiconductor technology company Arm is reportedly considering an expansion in Bengaluru, according to a hint provided by a company executive during the CII International Conference on Artificial Intelligence in New Delhi. Peter Stephens, director of government relations at Arm indicated that the Bengaluru presence may grow further, though details remain… |
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Syniverse Partners with Onomondo to Simplify Global IoT Connectivity with Real-Time Control Syniverse, a global provider of communication connectivity solutions and Onomondo, an innovative IoT connectivity provider has announced a partnership aimed at streamlining global IoT deployments. The collaboration leverages Onomondo’s suite of connectivity tools to offer businesses enhanced control and visibility over their IoT devices in more than 180 countries. By… |
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India to Launch First Made-in-India Chip by September-October 2025, Says Ashwini Vaishnaw India is set to introduce its first made-in-India chip from a commercial semiconductor fab as announced by IT Minister Ashwini Vaishnaw. The chip is expected to be launched in September or October, marking a significant step in the country’s semiconductor industry. Tata Electronics in partnership with Powerchip Semiconductor Manufacturing Corporation is building the… |
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Ather Energy Partners with ChargeMOD to Expand Kerala EV Charging Network with 121 New Stations Ather Energy, a leading Indian electric two-wheeler manufacturer has joined forces with ChargeMOD, a prominent charge point operator to enhance the electric vehicle charging infrastructure in Kerala. The partnership will add 121 new charging stations across the state, expanding Ather’s network of 291 fast chargers as of December 31, 2024. This collaboration is… |
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Lam Research Commits Rs 10,000 Crore Investment in India’s Semiconductor Sector US-based semiconductor equipment supplier Lam Research has announced a Rs 10,000 crore investment in India. This major investment was confirmed by Union Minister Ashwini Vaishnaw and is seen as a significant step in strengthening the country’s semiconductor sector. The move supports the government’s plans to build a robust manufacturing and design hub for… |
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Braemac Partners with MediaTek to Expand IoT and Genio SoC Distribution Braemac, a global semiconductor distributor has announced a partnership with MediaTek to expand the distribution of MediaTek’s Genio and IoT development platforms in Australia and New Zealand. This move is planned to meet the growing demand for smart and IoT-enabled devices in the region. The collaboration brings together Braemac’s strong market presence and MediaTek… |
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MAVOCO Secures €11 Million in Series-A+ Funding to Boost Global Telecom Expansion MAVOCO, a Vienna-based IoT Connectivity Management Software company has successfully closed its Series-A+ funding round by raising €11 million in equity from both existing shareholders and new investors. The funding round was led by 3TS Capital Partners, red-stars.com and other strategic investors. This new investment marks an important step for the company as it… |
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MediBuddy Partners with ELECOM to Launch IoT-Enabled Smart Health Devices for Preventive Healthcare in India MediBuddy, India’s largest digital healthcare company has partnered with Japan’s ELECOM to introduce IoT-enabled smart health devices for preventive healthcare. This collaboration aims to simplify daily health management by integrating digital technology with essential healthcare products. In the first phase, the partnership will focus on delivering integrated… |
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Altium Acquires Part Analytics to Strengthen Electronics Supply Chain Management Altium, a global company specializing in electronic design systems announced the acquisition of Milwaukee-based Part Analytics on January 21, 2025 in San Diego, California. The acquisition integrates Part Analytics advanced AI-powered platform into Altium’s ecosystem, offering effective solutions for managing large-scale component planning and purchasing, especially… |
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Sereact Secures €25 Million to Advance AI-Powered Robotics Innovation Sereact, an AI-driven robotics company founded in 2021 has secured €25 million in Series A funding. The round was led by Creandum with participation from Point Nine, Air Street Capital and several prominent business angels including former Formula 1 champion Nico Rosberg and Mehdi Ghissassi, an ex-Google DeepMind leader. This investment highlights the growing… |
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CG Power Sign Fiscal Support Agreement for ₹7600 Cr Project under India Semiconductor Mission CG Power and Industrial Solutions Ltd. and CG Semi Pvt. Ltd. signed a Fiscal Support Agreement (FSA) under India Semiconductor Mission (ISM) on January 17, 2025. This agreement is a major step for the ₹7600 crore semiconductor OSAT (Outsourced Semiconductor Assembly and Test) project approved under the Modified Programme for Development of Semiconductor and Display… |
