Indian AI Firm Fractal Analytics Raises US$ 200 Million from Apax

Fractal will use the freshly raised funds to accelerate growth - organically as well as through merger and acquisitions (M&A) Indian artificial intelligence (AI) company Fractal Analytics announced that it...

Zinier Raises US$ 22 Mn to Bring AI-Powered Automation to Field Service Industry

Zinier will utilise the investment to continue developing and augmenting its technology platform to create out-of-the-box solutions for industry-specific clients use cases Zinier, a start-up providing intelligent field service automation,...

IIoT Propels Growth of Belt Scale Systems Market: Study

IIoT technologies are helping companies across various industries in gathering valuable data that can be ustilised in predicting maintenance needs Industrial Internet of Things (IIoT) is supporting the growth of...

Microsoft has Maximum Patents in Artificial Intelligence: Report

According to the report, out of the top 10 companies, five were based in the US, two in Japan, one in the Netherlands, one in South Korea and one...

Smart Energy IoT Startup 75F Raises $18M in Series A Funding

The company plans to use the fresh funds to scale operations, invest in R&D and upgrade office locations 75F claims its smart building solution reduces energy costs by...

Mphasis, NASSCOM Join Hands to Recognize Best in Class AI Startups

Majority of artificial intelligence (AI) startups in India lack adequate mentoring and support to scale their operations from incubation to real-world sustainable application. The IT services company Mphasis has recently announced its...

IoT, Connected Car Ecosystems to Bolster Automotive Remote Diagnostics Market

The automotive remote diagnostics market is estimated to grow at a CAGR of around 18 per cent through 2028 Bolstered by growing integration of Internet of Things (IoT), emergence of connected car...

Delta Electronics Closes Acquisition of Lighting Brand Amerlux

Under the deal, Amerlux's existing facilities in New Jersey will continue to manufacture interior and exterior lighting products. Delta Electronics, Inc., a global provider of power and thermal management...