Options to support Top-Tier Investment Bank’s FX expansion in Singapore

Options, a leading provider of Ultra-Low Latency (ULL) connectivity to the financial services (FS) markets has been chosen by a global top-tier bank. This bank has expanded its foreign exchange (FX) footprint into Singapore. Abry Partners backed Options will provide FX solutions through Equinix’s SG1 International Business Exchange (IBX) data centre, the company said. Options, […]

Mantra Data Centres to invest $1 billion in DCs in India

Mantra Data Centres (MDC), a wholesale colocation provider and an independent data centre platform will invest $1 billion to develop data centres in India. MDC will design, build and operate state-of-the-art data centre facilities with an initial IT load of 20MW in each of the key data hubs, which include Mumbai, NCR (Delhi), Chennai, Bangalore, […]

AI has the potential to create many opportunities in India, across sectors

At a digital event organised by the National Council for Science & Technology Communication of India, experts highlighted that  AI can transcend traditional technology and can be used for healthcare as well as many other present and future challenges in various sectors. “AI would not replace people but create new opportunities in various fields. It […]

India based AI edutainment startup raises $3 million in series A funding

SP Robotic Works, an India-based AI edutainment startup has raised $3 million in Series A round led by Mount Judi India Growth Fund. The funding round witnessed additional participation from BCCL and its existing investors Indian Angel Network and multiple renowned Angel Investors like Ajai Chowdhry (Founder, HCL), Raman Roy (Chairman and Managing Director – Quatrro), and […]

IIT Roorkee launches new programmes to meet the rising demand for new-age technologies

Indian Institute of Technology (IIT), Roorkee has launched seven new academic programmes in select areas of engineering, architecture, economics, and management along with specialisation in Data Science and Artificial Intelligence to cater to the rising demand for new-age technologies. “New Initiatives of this kind separate the leaders from followers, and I am delighted to hear […]

India PM Narendra Modi launches a voucher-based digital payment system

India’s Prime Minister Narendra Modi has launched e-RUPI, a voucher-based digital payment system, which could kickstart the government’s efforts to implement a central bank digital currency (CBDC) across the country. e-RUPI, a one-time payment mechanism, is a cashless and contactless medium for digital payment, which can be in the form of QR code-based or SMS […]

Singapore and Sustainability: Two to Tango

The year 2021 can be defined as a year when businesses are putting in place strategies that can help them thrive in the ‘New Normal’. Every business, from across sectors, is now embracing ‘digital’ as the accepted norm. Corporations around the world are rethinking how to reach and serve customers, build reliable supply chains, ensure […]