Archive for the ‘News’ category.
Pune’s Vivek Kulkarni, Architect at Persistent, publishes book on Theory of Computation
The Persistent Systems Blog has just published an article about Vivek Kulkarni, a Principal Architect at Persistent, who has published a book, “Theory of Computation” with Oxford university press. Here is the description of the book: The book begins with basic concepts such as symbols, alphabets, sets, relations, graphs, strings, and languages. It then delves [...]
Pune Becoming an Innovation Hub – Financial Times
Financial Times thinks that Pune is becoming an innovation hub. The city’s economy (and real estate market) is now driven by the presence of two large and growing sectors: automotive manufacturing and information technology. Why is the Pune story so compelling? First is the ecosystem already in place: Willy Praet, a Belgian expat who moved [...]
Pune’s AppSurfer covered by TechCrunch
Pune based startup AppSurfer, which allows Android app publishers to “publish” their apps on the web, so that buyers can try out the app in a browser before having to download it to their mobile phone, has just been covered by TechCrunch. Here is an excerpt from the article: Amazon’s Appstore for Android has long [...]
Global Mining Giant to invest $80 million on mining tech innovation center in Pune
Rio Tinto, one of the biggest mining companies in the world, announced the opening of an innovation center at iGate Patni in Pune, which will work towards developing next-generation technologies for mining. Rio Tinto expects to invest about $80 million on this initiative over the next five years. Just to be clear, we are talking [...]
QuickOffice Launches ‘Connect’ – Frontend Developed in Pune
QuickOffice, the mobile office/documents software company, has recently launched Connect by QuickOffice, which is an ambitious platform which allows users to synchronize their documents across all their devices (multiple mobiles), clouds (Dropbox, Google Docs, Microsoft SkyDrive), and computers (office computer, laptop, home desktop). QuickOffice has an offshore development center in Pune (in Pune-based Synerzip), and [...]
Pune based RainingClouds (AppSurfer) get 1cr Angel Funding
Pune based software startup RainingClouds Technologies has just raised Rs. 1cr in angel funding from Vijay Shekhar Sharma, founder of One97 Communications. RainingClouds makes AppSurfer, which allows people to access any android app from any browser. The funding happened as part of the Finale of the Super Angels show of ET Now. (We’ll update this [...]
Faster-than-light camera invented by MIT’s Ramesh Raskar (ex-Punekar)
Actually, the headline of this article contains a number of inaccuracies. First, the research is just by Ramesh Raskar, but is the work of a group of people, and Ramesh Raskar, Associated Professor at MIT’s Media Lab, and Director of the Camera Culture Group is one of the people in the group. Second, the camera [...]
Fab.com (co-founded & developed in Pune) raises $40 million
Fab.com, an online ‘deals’ website specifically targeting ‘design’ items, and co-founded by True Sparrow Systems, has just closed a $40 million round of funding led by Andreessen Horowitz. Fab.com started off as Fabulis, a social network for the gay community, but pivoted to a daily design deals site. This is the second Pune-startup by Jason [...]
Pune’s 2011-2012 Budget Analysis by Janwani and Parisar
Pune is one of the few cities in the country that regularly and promptly publishes its annual budget on its website. Pune NGOs Janwani and Parisar have analysed the budget and published the analysis so that everybody can get a better idea of where our tax money is being spent. You can download Janwani’s PMC [...]
Will Pubmatic be Pune’s First Software Product Company IPO?
Online ad optimization platform maker, PubMatic, which is developed wholly out of Pune, has just hired Steve Pantelick, a CFO who specializes in preparing companies for an IPO, reports VC Circle. Earlier, Business Insider ran a story claiming that Pubmatic had gotten an offer of $300 million from Amazon, but turned it down in favor [...]