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Bengaluru-based Parseable announced a seed funding round of US$2.75 million led by Surge and NP-Hard Ventures, earmarking its entry into the expanding log analytics market. This investment is set to fuel Parseable’s mission to innovate in handling the surging volumes of log data generated by modern digital businesses.   The vast amount of data being generated and captured worldwide is forecasted to continue expanding, with global data creation to surpass 180 zettabytes by 2025. As the digital footprint of businesses expands, the concept of log analytics has become increasingly critical. Such data, if analysed and utilised properly, can offer invaluable ... Read more

Happiest Minds Technologies Limited (NSE:HAPPSTMNDS), a ‘Born Digital. Born Agile’, digital transformation and IT solutions company, today announced its consolidated results for the fourth quarter and year ended March 31, 2024, as approved by its Board of Directors.   Ashok Soota, Executive Chairman, said “Happiest Minds has demonstrated resilience in achieving our financial objectives for the long term. The newly created Gen AI business unit, creation of six new Industry Groups and successful closure of two acquisitions has put us back on course towards accomplishing our long-term vision of US $ 1Bn in revenues by FY31.”   Financial highlights Quarter ... Read more

In recognition of World Asthma Day 2024, Alkem Laboratories (Alkem) today announced 600 to 700 camps across India, collaborating with nearly 100 hospitals in tier-1 and tier-2 cities under its “Reliever Free India” initiative. This nationwide initiative was launched in 2023 with an aim to revolutionize asthma management by advocating for a shift in focus from reliance on reliever medications to the importance of controller medications. Reliever medications provide quick relief during asthma symptoms by opening up the airways. Controller medications are taken regularly to prevent asthma symptoms and reduce inflammation in the airways. After a successful first year, Alkem ... Read more

Riding into the FY 2024-25 on a positive note, Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, today announced its sales numbers for the month of April 2024.   The company’s total sales for April’24 closed at 99,377 units, up by 12% from 88,731 units sold in April’23. The month also saw the company registering its highest ever sales of 88,067 units in the domestic market and achieving a remarkable 31% growth against 67,259 units sold in April’23. However, exports were lower at 11,310 units in April’24 compared to 21,472 units in April’23.   ... Read more

In its portfolio of multiple offerings, ACKO, the tech-first insurer, has added a unique feature of booking an ambulance on its mobile app. This aligns with ACKO’s vision of becoming a one-stop destination for all protection needs by extending its services beyond insurance solutions. The feature is currently available in Bangalore, and will go live in Delhi, Mumbai, Chennai, Hyderabad, and Kolkata in subsequent weeks. In partnership with Red.Health, one of the leading emergency response service providers in the country, the feature aims at providing critical assistance to individuals during medical emergencies. ACKO’s cutting-edge technology used to build the feature ... Read more

Bridgestone India today announced the launch of its new marketing campaign, “Trailblazing with Dueler A/T,” for the latest addition to its tyre lineup, the Bridgestone Dueler Tyre. This robust campaign is engineered to showcase the Dueler Tyre’s exceptional ability to perform in any terrain, emphasizing its aggressive tread pattern, enhanced traction, and excellent grip in both wet and dry conditions without compromising safety and driving comfort.   The 360 degree campaign is designed to target SUV and 4×4 owners, who demand durability and performance. Engineered with a 5 Rib-technology featuring hexagonal blocks and a staggered pattern architecture, this tyre ensures ... Read more