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Sarah J
@sarah
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2 days
NatWest Group is intensifying its focus on India by investing $250,000 to $2 million in early-stage startups, particularly in AI, payments, and digital solutions, as part of its strategy to build strong tech partnerships and scale innovation. The bank is expanding its India engineering footprint, planning to hire 3,000 additional engineers across its three existing Global Capability Centres (GCCs) in Bengaluru, Gurugram, and Chennai, where it already employs around 17,000 people. Over 50% of Nat...
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Sarah J
@sarah
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2 days
Revolut is fully prepared to locally launch in India within the coming months as a cornerstone of its global strategy to reach 100 million customers by mid-2027. India stands as Revolut’s largest talent hub, with over 35,000 employees and an upfront investment of $45 million. CEO Paroma Chatterjee explained that Revolut has invested heavily to localize its entire technology stack specifically for Indian consumers’ unique banking needs. Collaborating closely with the Reserve Bank of India, the co...
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Sarah J
@sarah
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2 days
A high-level Indian delegation led by Neelam Shami Rao, Secretary of the Ministry of Textiles, showcased India’s fast-growing technical textiles sector during a Technical Textiles Roadshow in Manchester, UK. The delegation included senior officials and representatives from key textile segments such as man-made fibres and TEXPROCIL. Emphasizing sustainability, green manufacturing, and circular economy practices under India’s National Technical Textiles Mission (NTTM), Rao highlighted India’s com...
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Sarah J
@sarah
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2 days
Tide, a UK-based business management platform for small and medium-sized businesses (SMBs), has achieved unicorn status following a $120 million funding round led by new investor TPG and existing investor Apax Digital Funds. The latest funding values Tide at $1.5 billion, up from $650 million in 2021. This round includes new equity and share sales from employees, early investors, and minority shareholders.
Founded in 2017, Tide offers business accounts, accounting, and admini...
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Sarah J
@sarah
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2 days
The India-EU Ideathon on “Combating Marine Plastic Litter” was launched on September 25, 2025, as a collaborative platform inviting startups, researchers, businesses, and stakeholders from India and the EU to co-develop innovative solutions to address marine plastic pollution. Organized under the India-EU Trade and Technology Council's Working Group 2 on Green and Clean Energy Technologies, the Ideathon focuses on three challenges: detecting and monitoring marine plastics, developing scalable re...
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Sarah J
@sarah
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2 days
The EU-India Trade and Technology Council (TTC), established in 2022, aims to strengthen the bilateral relationship by coordinating strategies across trade, technology, and security in response to rising geopolitical competition. It creates a structured forum with three working groups focusing on strategic technologies and digital governance, green and clean energy solutions, and trade, investment, and resilient value chains. For India, the TTC offers access to EU capital, technology expertise,...
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Sarah J
@sarah
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2 days
The European Union has launched a new strategy to deepen prosperity and security ties with India, structuring the agenda around five focus areas: prosperity and sustainability, technology and innovation, security and defense, connectivity and global issues, and enablers across pillars. The approach embraces collaboration rather than competition, aligning EU’s regulatory expertise and single market access with India’s “Atmanirbhar Bharat” self-reliance push to foster inclusive and sustainable gro...
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Sarah J
@sarah
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2 days
Taiwan is planning to double its chip and gadget sales to India over the next five to seven years, leveraging India’s booming phone export business to America—mainly Apple iPhones—which saw shipments jump 40% compared to last year. In just five months, India exported $8.43 billion worth of phones to the U.S., a trade that benefits from lower entry taxes than other goods. James C. F. Huang, former Taiwan foreign minister and current trade group leader, highlighted strong business ties at the Tai...
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Sarah J
@sarah
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2 days
Citi has moved about 1000 technology jobs to support centres in India after slashing its workforce in China, according to Bloomberg. The positions were mostly in the information technology services unit, providing software technology development, testing and maintenance and operational services for Citi’s global business. https://www.finextra.com/newsarticle/46663/citi-shifts-1000-tech-jobs-to-india
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Sarah J
@sarah
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4 days
Tejas, a 17-year-old from Texas, has been named Time Magazine's "Kid of the Year" for her work in using computer science to combat online scams targeting senior citizens. Her mission began after her grandfather received a scam message from someone pretending to be a family member asking for $2,000. Seniors are particularly vulnerable to these scams; according to the FBI's Internet Crime Complaint Center, individuals aged 60 and over lost a total of $4.8 billion to reported scams last year, a fi...
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Sarah J
@sarah
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5 days
India’s union minister for electronics and IT, Ashwini Vaishnaw, has publicly switched to using Zoho’s productivity tools and encouraged India’s 1.4 billion citizens to adopt indigenous “Swadeshi” platforms to promote self-reliance. Praising Zoho’s software capabilities as “phenomenal,” Vaishnaw’s move aligns with Prime Minister Narendra Modi’s call to reduce dependency on foreign products and services. Zoho, founded in 1996 and headquartered in Chennai, offers a comprehensive suite of over 40 a...
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Sarah J
@sarah
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5 days
Equinix has made a significant $69 million investment to open its first AI-ready data centre in Chennai, expanding its presence in India’s fast-growing digital economy. The CN1 facility, interconnected with Equinix’s Mumbai campus, offers advanced features like liquid cooling to support heavy AI workloads and hybrid multicloud connectivity through Equinix Fabric. Designed for 99.999% uptime, this centre will provide low-latency, secure infrastructure crucial for businesses scaling AI and cloud s...
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1
Sarah J
@sarah
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6 days
TenneT Germany, the German division of Dutch state-owned grid operator TenneT, is raising up to €9.5 billion in a private placement to support expansion of the German electricity grid. This move values the business at roughly €40 billion including debt. After the transaction, the Dutch state will retain around 54% ownership, while new investors—including Norway’s sovereign wealth fund (Norges Bank), Dutch pension fund ABP (via APG), and Singapore’s GIC—will hold significant stakes: Norges at abo...
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Sarah J
@sarah
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6 days
Light, a Danish AI finance startup, raised $30 million in Series A funding led by Balderton Capital, with other major investors participating. The company builds AI-powered software to automate accounting and finance tasks for businesses, aiming to compete with established firms like Microsoft and Oracle. With the new funding, Light plans to expand its commercial operations, opening offices in London and New York to address growing demand
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Sarah J
@sarah
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9 days
The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring at least a bachelor's degree or equivalent. It has an annual cap of 65,000 regular visas plus 20,000 for those with U.S. master's degrees or higher. Below are key factual updates from 2025, focusing on administrative and policy changes. FY 2026 Cap Reached U.S. Citizenship and Immigration Services (USCIS) announced on July 18, 2025, that it received sufficient petitions to meet the...
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Team S
@team
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25 days
Kerala, in collaboration with the European Union, will host the "Blue Tides – Two Shores, One Vision" conclave at The Leela Kovalam, Thiruvananthapuram. Organized by the State Fisheries Department, the two-day event aims to establish Kerala as a global blue economy hub by promoting sustainable ocean-based industries. Discussions will cover fisheries, aquaculture, marine logistics, coastal tourism, renewable marine energy, and green technologies, le...
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Team S
@team
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25 days
European Commissioner for Trade Maros Sefcovic is set to visit New Delhi from September 11, 2025, to advance negotiations for the India-EU Free Trade Agreement (FTA), which Indian Commerce Minister Piyush Goyal described as making "rapid progress." The announcement follows a joint call on September 4, 2025, between Prime Minister Narendra Modi, European Council President Antonio Costa, and European Commission President Ursula von der Leyen, who dis...
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Team S
@team
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25 days
OpenAI announced the acquisition of Statsig, a Seattle-based product testing startup, in an all-stock deal valued at $1.1 billion. Statsig, founded by Vijaye Raji, specializes in A/B testing, feature flagging, and real-time decision-making tools, already used by OpenAI and other tech firms like Eventbrite and SoundCloud. The acquisition aims to enhance OpenAI’s product development and experimentation capabilities for its AI applications, including ...
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Team S
@team
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25 days
Prime Minister Narendra Modi held a joint telephone call with European Council President Antonio Costa and European Commission President Ursula von der Leyen to strengthen India-EU ties. The leaders discussed organizing the next India-EU Summit in India in early 2026, with PM Modi extending invitations to both leaders.
Building on the EU College of Commissioners’ visit to India in February 2025, they reviewed progress in trade, technology, investment, innovation, sustainabil...
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Team S
@team
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25 days
Naspers and Prosus announced the Tech FoundHER Africa Challenge, an initiative to support women-led tech and tech-enabled startups across Africa. The program offers $100,000 in equity-free grants to three outstanding women founders to fuel business growth. Additionally, participants gain access to senior mentors from the Naspers-Prosus ecosystem, curated networking opportunities, and expert feedback from a panel of executives, investors, and entrepreneurs. Six finalists will be selected to pi...
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Team S
@team
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a month
Looking for game-changers from India and Europe tackling marine plastic pollution 🌊
The #IndiaEUIdeathon brings together startups, researchers, businesses, and sustainability enthusiasts from both regions to co-create solutions that can track, remove, and prevent marine plastic pollution.
How it works?
1⃣Submit your idea
2⃣Join a team
3⃣Develop your solution
4⃣Pitch your project
5⃣Win & scale your impact
🏆 ...
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Sarah J
@sarah
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a month
Apple is expanding its iPhone manufacturing in India, with all four models of the upcoming iPhone 17 series being assembled there ahead of the device’s anticipated September launch. This marks the first time the full lineup, including the Pro models, will be produced in India from day one.
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Sarah J
@sarah
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a month
Monzo, the UK’s online-only digital bank, is planning its debut in the telecoms space by launching a mobile virtual network operator (MVNO) service. The initiative is currently in its early stages and would offer customers digital SIM cards and mobile contracts.
By stepping into the mobile sector, Monzo aims to boost its revenue streams and enhance customer experience—offering a more user-friendly alternative to traditional providers such as Vodafone–Three and EE. The move mirrors simil...
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Sarah J
@sarah
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a month
India’s Ministry of Commerce and Industry announced the signing of the India–UK Comprehensive Economic and Trade Agreement (CETA), a landmark deal set to deepen bilateral trade and investment relations. https://www.startupeuropeindia.net/news/uk-india/india-and-the-uk-strengthen-economic-ties-with-co...
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Sarah J
@sarah
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2 months
Rolls-Royce's plan to power artificial intelligence (AI) with its nuclear reactors could make it the UK's most valuable company, its boss has said.
https://www.bbc.co.uk/news/articles/ce8772d4jzgo?at_format=image&at_bbc_team=editorial
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Sarah J
@sarah
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2 months
A recent Pew Research Center survey conducted from January to April 2025 across 24 countries found that global views of India are slightly more positive than negative. The median favorability is 47%, with 38% holding an unfavorable view and 13% offering no opinion.
Key findings:
- Most favorable views: Kenya, the United Kingdom, and Israel, where six-in-ten or more have a positive opinion of India.
- Least favorable views:
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Team S
@team
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2 months
In a recent piece for the Institute of South Asian Studies at the National University of Singapore, Anirudh Suri explores how the India–France technology partnership is evolving into a strategic force in the global technology order.
Suri highlights how shifting geopolitical realities—Europe’s push for strategic autonomy, recalibrated ties with the US, and growing caution toward China—have positioned India as a natural partner for France. France brings advanced manufacturing a...
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Team S
@team
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2 months
Chennai-based space startup Agnikul Cosmos has developed the world’s largest single-piece 3D-printed rocket engine, made from Inconel, a high-performance superalloy known for its strength and heat resistance. This meter-long engine, printed as a single component without welds, joints, or fasteners, marks a significant advancement in additive manufacturing for aerospace. The innovative design reduces production time and complexity, enhancing efficie...
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Sarah J
@sarah
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2 months
#India
Apple to Announce Another $100 Billion Investment in American Manufacturing https://www.bloomberg.com/news/articles/2025-08-06/trump-apple-to-announce-fresh-100-billion-in-us-manufacturing
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Team S
@team
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2 months
NISAR operates on two radar frequencies: L-band and S-band. The L-band is suited for monitoring taller vegetation like trees, while the S-band provides precise readings of shorter plants, such as bushes. This dual-frequency system allows the satellite to track changes in forests, glaciers, sea ice, and critical infrastructure, including dams and bridges. It can also identify areas prone to seismic activity, offering insights into fault lines and volcanic regions Show more
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