Friday, April 19, 2024
Outlook.com
Outlook India
Outlook Business

Automation

The funds will be used to support SwitchOn's growth in India, international expansion, key hires and research and development efforts as it continues to provide cutting-edge AI solutions for quality control in manufacturing

The new branding builds on the company’s ability to deliver innovative automation solutions using human-robot collaboration

The firm believes Indian founders will build large technology companies for global markets and Iron Pillar aims to support these founders in their growth stage with this fund

The study analysed 50 countries based on criteria such as business tax rates, GDP growth, and cost of start-up procedures, with India ranking third from the bottom due to low scores in quality of life and happiness index and high business tax rates

This move could be a significant development in India's AI industry and could help the country become a leader in the field of AI

Acquisition to accelerate Rockwell’s delivery of Industrial AI solutions to manufacturers globally

The Healthcare Fund I will invest in start-ups working in the healthcare sector, including digital health and biotech