Honeywell said its funds have been deployed to support six startups including Azooka Labs, Siamaf Healthcare, Protein Design, Mimyk Medical Simulations, HealthSeq Precision Medicine and PathShodh Healthcare.
Rebel Foods will partner with Sierra Nevada Restaurants, which holds India master franchisee for Wendy's, to develop and operate the US-based fast-food chain's cloud kitchens in the country.
Zoom said it had 433,700 customers with more than 10 employees, a 485% increase from a year-ago period but only a 17% increase from the previous quarter.
Small businesses are employing a strategy similar to the “fail fast” approach well known in startup culture.
Officials from leading campuses told ET that the San Jose-based company will offer salaries of $200,000 (Rs 1.48 crore) per annum on a cost-to-company basis to the selected students for US roles, which is the highest package for the Class of 2021 so far.
Social distancing rules have forced consumers to rethink how they spend, with digital payments becoming an increasingly attractive. This shift in mindset is reflected in the growth in outstanding balances. Credit card outstanding balances increased by 32% y-o-y in July 2020. This compares to a 33% y-o-y increase in balances at the same time last year.
Times Bridge said it will be Stack Overflow's sales partner in India and will introduce the product to enterprises across a wide range of sectors
Growth driven by lower staff costs, abundance of talent, round-the-clock customer service and a wide acceptance of products built by Indian entrepreneurs, the report said.
