India’s data centre industry is poised for a sustained period of growth and much of this will centre around Mumbai and Chennai due to their business and infrastructure advantages, strategic location, and cable landing stations that are well-positioned to support this growth, said a Nxtra by Airtel and JLL India’s joint study.
Kenya-based fintech company 4G Capital, which provides unsecured credit to micro enterprises, has raised $18.5 million in Series C funding from global private equity firm Lightrock. The equity funding comes as the fintech plans to roll-out a series of new products and services including new loans that will increase the credit limit from $1,000 and allow longer repayment periods from the current maximum of one month. All this is in its plan to expand its clientele base and grow its profits.
Tech titan IBM on Thursday announced it is helping Marks & Spencer Reliance India (M&S India) modernise its supply chain to drive seamless integration between online and in-store business for improved customer experience.
Salesforce has agreed to buy Troops.ai, which helps sales teams use CRM data without actually opening their CRM system. Modules include tools to update CRM records, send Slack notifications of changes in CRM data, and collaborate on deals using a hub within Slack. Troops.ai will be part of Salesforce’s Slack division when the deal closes some time this summer.