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Indian companies filed 9,500 patents in the US in last six years: NASSCOM report

The report is an analysis of the patents filed in the US by India-domiciled companies as the country remains a major export market for the Indian technology industry. US accounts for close to 62% of tech exports in FY2022, and would continue to drive share of tech patents as it reflects a start-up promotive and IP-right friendly environment, the report said.

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Indian companies filed 9,500 patents in the US in last six years: NASSCOM report

The report is an analysis of the patents filed in the US by India-domiciled companies as the country remains a major export market for the Indian technology industry. US accounts for close to 62% of tech exports in FY2022, and would continue to drive share of tech patents as it reflects a start-up promotive and IP-right friendly environment, the report said.

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Consumer sector-focused fund Venturi Partners raises $175 million

Founded by Cator, the investment platform will look to back high-growth Asian consumer companies with an online or offline presence in sectors ranging from FMCG to education and healthcare services.

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Veranda Learning to acquire test-preparation institute chain TIME for Rs 287 crore

The acquisition will be in phases, with Veranda taking over 80% of the outstanding capital along with management control in the first phase, it said in a statement.

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Paytm brings in new group head for regulatory affairs

Yanamandra joins the Noida-based financial services company from the New Development Bank in Shanghai, where he served as chief of the compliance division.

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Going Public on our horizon: Chargebee's Krish Subramanian

Subramanian is one of the four cofounders of the San-Francisco headquartered company which belongs in the crop of VC-backed decade-old Indian-origin SaaS companies hitting key revenue and market milestones globally.

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Amazon to absorb all Cloudtail, Prione employees, JV CEO tells employees

Cloudtail, set up in 2014 as a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, is one of the largest sellers on Amazon India.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...