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Raj Ganguly of B Capital claims that India is developing into an innovative nation.

On January 19, the international multistage investment company B Capital announced the completion of its third, $2.1 billion expansion fund. Over the

On January 19, the international multistage investment company B Capital announced the completion of its third, $2.1 billion expansion fund. Over the course of the following 2.5–3 years, it will deploy this throughout the US, Asia, Southeast Asia, and India. With a concentration on series B through preIPO rounds, average check sizes will be in the $40–$50 million range. It has invested more than half of its capital in the US. Eduardo Saverin, a cofounder of Facebook, and Raj Ganguly, a former employee of Bain Capital and the Boston Consulting Group BCG, a buddy from their Harvard days, established B Capital in 2015. Read More..

B2B Tech News | 2 years ago          

Meet the Australian mining EV company that customers are screaming for..

This week, the 8,500 electrified Toyota Hiluxes and Landcruisers that the Mining Electric Vehicle Business, or MEVCO, ordered from the Australian comp

This week, the 8,500 electrified Toyota Hiluxes and Landcruisers that the Mining Electric Vehicle Business, or MEVCO, ordered from the Australian company SEA Electric, grabbed headlines. And one of the businesses delivering the autos to the mining locations is MEVCO. The CEO of MEVCO, Matt Cahill, told me that the company has already sold half of its allotment of 2023 vehicles 500 units, with 1,000 for the entire year 8,500 over the next five years and is optimistic that the other half will be gone by next week. Customers in Perth are screaming for it, he said, according to me. Read More..

B2B Tech News | 2 years ago          

According to Ashwini Vaishnaw of the WEF, Indias digital payments will surpass the economies of the US, UK, Germany, and France combined in 2023.

India has become a global leader in the production of digital assets, whereas other wealthy nations are having issues. At the World Economic Forum WEF

India has become a global leader in the production of digital assets, whereas other wealthy nations are having issues. At the World Economic Forum WEF in Davos today, Union Minister Ashwini Vaishnaw stated that by December 2022, digital payment transactions in India will total $1.5 trillion on an annualised basis, surpassing the combined economies of the US, UK, Germany, and France. According to Ashwini Vaishnaw of the WEF, Indias digital payments transactions are higher than the combined digital payments of four big economies—the US, UK, Germany, and France. According to Union Minister Ashwini Vaishnaw at the World Economic Forum in Davos, Indias digital payment transactions last year exceeded those of the US, UK, Germany, and France combined. Read More..

B2B Tech News | 2 years ago          

ABB opens its Mexico Technology and Engineering Center MXTEC in order to accelerate project delivery across North America.

ABB has opened a new regional operations centre in North America to expand its worldwide network of resources and bring technology knowledge closer to

ABB has opened a new regional operations centre in North America to expand its worldwide network of resources and bring technology knowledge closer to clients. The new Mexico Technology and Engineering Center MXTEC in Merida, Yucatan, has received an initial $1 million investment to help the technology leader reach higher project delivery capacity and boost competitiveness. The newest workers are now undergoing onboarding using a tailored development programme after receiving training at ABBs Czech Operations Center in Ostrava. In the beginning, the new centre will cater to ABBs pipeline of orders from process industries like mining, pulp and paper, battery manufacture, and metals. Read More..

B2B Tech News | 2 years ago          

HotelRunner raises $6.15 million for its lowcost hospitality software solutions.

HotelRunner has raised $6.5 million in a Series A round of funding from 212, Wix Capital, Founders Factory, Ascension Ventures, and DHM, among others.

HotelRunner has raised $6.5 million in a Series A round of funding from 212, Wix Capital, Founders Factory, Ascension Ventures, and DHM, among others. HotelRunner provides a lowcost software suite to help hospitality clients streamline sales, operations, distribution management, and other functions. Akia, an online hotel checkin platform, has raised $6.5 million in funding from Tripadvisor cofounder Steve Kaufer and Concur CEO Steve Singh, among others. Choose, a travel sustainability software platform, has raised $15 million in funding from Sound Ventures and Gen Zero. Read More..

B2B Tech News | 2 years ago          

Race to convert diesel engines to hydrogenpowered engines

Engineers at the University of New South Wales have created a hybrid hydrogendiesel engine. They claim that their technology has reduced CO2 emissions

Engineers at the University of New South Wales have created a hybrid hydrogendiesel engine. They claim that their technology has reduced CO2 emissions by more than 85%. Prof. Shawn Kook claims that there is extremely high interest in making diesel engines run on hydrogen. Researchers at Australias University of New South Wales UNSW have created a hydrogenpowered diesel engine. Because, unlike fossil fuels, hydrogen does not emit CO2 when burned, it is regarded as a greener fuel source. The UNSW team believes that any diesel truck or power equipment can be retrofitted with the new hybrid system in a matter of months. Read More..

B2B Tech News | 2 years ago          

Rajeev Chandrasekhar contends that India ought to start producing technology.

According to Union Minister of State Rajeev Chandrasekhar, the Central government wants India to be a producer of technology rather than just a provid

According to Union Minister of State Rajeev Chandrasekhar, the Central government wants India to be a producer of technology rather than just a provider of talent. When Prime Minister Narendra Modi launched the Digital India campaign in 2015, he laid out a compelling vision and mission that technology will not only create more opportunities for startups, but will also create an ecosystem to transform the lives of Indian citizens, the Union Minister said during an interactive programme on Evolution and growth of Global Capability Centres in India 2023 and beyond on Thursday. Read More..

B2B Tech News | 2 years ago          

TMobile claims that 37 million customers data was stolen.

TMobile claims a malicious intruder breached its network in late November. It stole information on 37 million customers, including addresses, phone nu

TMobile claims a malicious intruder breached its network in late November. It stole information on 37 million customers, including addresses, phone numbers, and birth dates. TMobile has informed law enforcement and federal agencies. The incident was not expected to have a material impact on the companys operations. TMobile has previously been hacked. After the company disclosed in August 2021 that personal data including Social Security numbers and drivers licence information had been stolen, it agreed in July to pay USD 350 million to customers who filed a class action lawsuit. It also stated at the time that it would invest USD 150 million in data security through 2023. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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