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Tech Mahindra partners with Belgium-based Proximus to launch 'Tech Hub'; Key things to know

IndianStartupNewsIndianStartupNews · 1y ago
Tech Mahindra partners with Belgium-based Proximus to launch 'Tech Hub'; Key things to know
Medial

Indian technology firm Tech Mahindra has collaborated with Belgian digital services provider Proximus to create a technology platform called 'Tech Hub'. The platform aims to offer next-generation connectivity solutions across various segments, such as business-to-consumer (B2C), business-to-business (B2B), and business-to-business-to-any (B2B2X). It aims to provide a digital-first approach for exploring, purchasing, and activating services, similar to leading cloud platforms. The partnership will leverage Tech Mahindra's telecom expertise, 5G capabilities, AI proficiency, and IT services, along with Proximus's superior fiber/5G network and software assets, to enhance customer experience and drive business growth. The 'Tech Hub' platform, powered by Comviva BlueMarble, will offer a secure and scalable solution for onboarding and activating a wide range of digital offerings.

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Route Mobile parent and Microsoft partner for global digital service enhancement

YourStoryYourStory · 1y ago
Route Mobile parent and Microsoft partner for global digital service enhancement
Medial

Proximus Group and Microsoft have entered into a five-year strategic partnership to enhance digital offerings for customers in Belgium and globally. The collaboration will focus on communication-platform-as-a-service (CPaaS) and digital identity (DI) collaboration, strategic cloud transformation, and improved go-to-market strategies for Proximus. Microsoft will leverage Proximus' CPaaS and DI products, while Proximus will benefit from Microsoft's Azure Cloud. The partnership aims to optimize Proximus' reseller role for Microsoft products and strengthen its position in the Belgian market. Proximus acquired a majority stake in Route Mobile in July 2023 and aims to leverage its expertise in digital communication and identity solutions.

'Singapore among key stakeholders in Bengaluru's development as tech hub'

Economic TimesEconomic Times · 10m ago
'Singapore among key stakeholders in Bengaluru's development as tech hub'
Medial

- Singapore has played a significant role in the development of Bengaluru as a global tech hub over the past 30 years. - Singapore's Capitaland is among the key partners in Karnataka's tech infrastructure development. - Singapore and India have a strong partnership, with potential for accelerating business growth in Bengaluru. - Indian talent from around the world, including Indian-origin startups, are returning to Bengaluru to scale up their businesses. - Bengaluru is rated as one of the most advanced technology hubs and best tech cities globally. - Singapore is a global innovation alliance partner for Bengaluru, and Singapore-based companies actively participate in the Bengaluru Tech Summit.

Early investors set to gain from new-age IPO windfall

Economic TimesEconomic Times · 1y ago
Early investors set to gain from new-age IPO windfall
Medial

Investors who got in early on the upcoming IPOs of FirstCry and Ola Electric could see significant returns. Companies like SoftBank, Tiger Global, Mahindra & Mahindra, and Matrix Partners India are expected to see their stock value surge by three to ten times. This means SoftBank's gains in FirstCry could exceed 3X based on its acquisition cost, while Mahindra & Mahindra could see a nearly 6X gain. Similarly, early backers of Ola Electric like Tiger Global and Matrix Partners India could achieve gains of more than 6X and nearly 10X, respectively. Latecomers may face notional losses due to moderated valuations. Founders of FirstCry and Ola Electric, Supam Maheshwari and Bhavish Aggarwal, are expected to accumulate significant wealth through the IPOs.

‘Focus on Metaverse, Gen AI result of rising demand’

LivemintLivemint · 1y ago
‘Focus on Metaverse, Gen AI result of rising demand’
Medial

Tech Mahindra is focusing on emerging technologies like generative artificial intelligence, quantum computing, and metaverse to explore new growth opportunities across industries. Their goal is to improve customer service, sales, and outreach through cognitive digital models that incorporate data and AI. The recent leadership realignment has provided momentum for Tech Mahindra to sharpen their focus in strategic areas and drive success. They are investing in talent development and upskilling to create a future-proof talent pool. Tech Mahindra is also experiencing increased demand for metaverse and other futuristic projects and is helping clients create immersive digital experiences. Their key focus areas for the next 12 to 18 months include developing AI technologies, establishing secure industry clouds, and enabling customers to monetize their offerings.

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