Wipro will own a minority stake in the company in exchange of a $30 million investment.
Tag - big data
Times Internet Limited owned ecommerce website Hutk, which was positioned as a site for the Indian diaspora has shut down its operation.
The platform can be used to setup special offers for customers free of cost. Users can claim discounts created by businesses by sharing it with friends on social media.
Here goes our weekly magazine of stories curated from around the world. In this edition: Who is Santiago Swallow? The Surest Way to Build a Billion Dollar Business & More.
Big Data company DataWeave has raised an undisclosed amount of seed funding from Blume Ventures, TLabs (Times Internet), 5ideas Startup Superfuel, Meta Studio Advisors and a group of angels.
Qubole, co-founded by Ashish Thusoo and Joydeep Sen Sarma, built and ran Facebook's data service and scaled it to over 25 Petabytes of data with hundreds of users and tens of thousands of queries every day.
But does Big Data make sense when it comes to the small startup? First of all, you may not have that much data to analyze. Cost of ownership of a Big Data application may be another major deterrent.
Indian public sector companies have spent over $8.5 bn on Information Technology to cut costs and automate functions, according to a new report.
Under its new chief executive officer Satyan Gajwani, Times Internet Limited has been making a few bold moves. In an interview with NextBigWhat, Gajwani talks about the new Times Internet Limited.