ProcMart, a Noida-based B2B procurement marketplace, raised $30M in a Series B funding round led by Fundamentum Partnership and Edelweiss Discovery Fund. The company plans to explore strategic acquisitions, enter new industries, expand distribution network in India and strengthen international operations. ProcMart aims to optimize supply chain, expand contract manufacturing

Navata Supply Chain Solutions in Hyderabad secures Pre-series A funding from Equanimity Ventures to transform India's supply chain industry. Co-founded by Hima and Vineel Parvataneni, Navata aims to lower supply chain costs and enhance operations through tech-driven solutions. The partnership will help Navata expand its network nationwide and

India is moving towards organic farming solutions with a focus on personal finance, markets, companies, economy, and real estate. The budget for 2024 and income tax are key topics of discussion. Microsoft veteran sacked after 33 years, while two constables found dead in UP. In Bengaluru, Section 144 will be

The TOI Tech Desk is a team of journalists providing the latest technology news for readers of The Times of India. Coverage includes gadget launches, reviews, trends, analysis, exclusive reports, and breaking stories on AI, cybersecurity, personal gadgets, and platforms like WhatsApp and Facebook. With accurate and authentic reporting, TOI

Murugappa Group and Tata may produce iPhone camera modules in India. Indian pharma exports to the US are rising. Ather aims to challenge TVS and Ola in e-scooter market. Equities are volatile, five factors causing concern. Download The Economic Times News App for updates. Source: Link HPE's Made-in-India

India's iPhone exports showed a massive increase, nearly doubling to $12.1 billion in 2023-24 from $6.27 billion the year before. Total smartphone exports from India also rose to $16.5 billion. Apple's shift in manufacturing to India is evident with India-made iPhones gaining momentum

Veefin, a global Digital Lending & Supply Chain Finance provider, has partnered with Computech Limited in East Africa to offer digital lending and supply chain financing solutions for financial institutions. This collaboration aims to streamline supply chain finance in the region. Veefin's CEO highlighted the importance of this

Tesla has signed a deal with Tata Electronics to acquire semiconductor chips for its operations worldwide, indicating interest in building a supply chain in India. CEO Elon Musk is expected to visit India and announce potential investments. Tesla is exploring sites in India for a manufacturing plant with an investment

India's demographic dividend is seen as a key factor for economic growth, with a young population and a focus on developing manufacturing capabilities. However, India faces challenges in providing skill sets to its workforce, leading to a high rate of unemployable graduates. The Production Linked Incentive (PLI) scheme

US electric vehicle manufacturer Tesla has partnered with Tata Electronics for semiconductor chip procurement. The deal positions Tata Electronics in India's semiconductor value chain. Tesla plans to expand its supply chain in India and CEO Elon Musk is expected to visit soon to announce the company's

FLASH OFFER: Subscribe for Just ₹699. Tesla partners with Tata Electronics for semiconductor chips supply. Tata Electronics is expanding its semiconductor business with investments of $14 billion. Elon Musk to visit India and meet with PM Modi, expected to make significant announcements including the launch of Starlink service and $2-3