AppViewX has raised a Series B funding of $ 20 million from existing investor Brighton Park Capital. The company plans to use the fresh funds to scale its market operations, product development and overall revenue growth strategies.

In a big boost to the already growing electric vehicle (EV) industry in the State, RapidEVChargeE, one of the fastest EV charging solution companies is all set to expand its footprint pan-India and aims to install more than 1000 EV charging units across Telangana and Andhra Pradesh in the next 18 months. Out of this, at least 60 per cent of EV charging units will be established in and around Hyderabad. This means, a minimum of 600 EV charging stations will dot different parts of Hyderabad and the remaining will come up in cities like Visakhapatnam, Vijayawada and Tirupati. In addition to manufacturing a wide range of EV chargers, the RapidEVChargeE’s software is the only indigenously developed solution that allows compatibility and an optimised user experience. It is in an advanced stage of talks with channel partners who would help the brand spread its wings in Telugu States. According to the company, the Indian automotive industry is the fifth largest in the world and is slated to be the third largest by 2030.

Tech Mahindra is collaborating with Cisco to drive the infrastructure modernization of optical transport networks with the introduction of Cisco routed optical networking.

American multinational Honeywell has bagged a Rs. 496 crore contract from the Bengaluru City Police to implement a project that aims to make Indias tech capital a safer place for women. The Bangalore Safe City project will involve installation and operation of cameras across the city, and building a command centre for the citys Police.

Robotics and automation firm Addverb plans to expand its robot manufacturing unit in India to boost its output by around 10 times in the next financial year.

The Cellular Operators Association of India (COAI) has signed a memorandum of understanding with global forum 5G Alliance for Connected Industries and Automation, or 5G-ACIA, to give shape to India’s 5G mobile communications in different industries.

The company has received a LOA for the supply of telecommunication systems for Maha Metro’s Pune Metro project.

Is planning to set up a unit for manufacturing tools turrets, automatic tool changers and chucking cylinders at Vasanthanarasapura in Tumkuru district of Karnataka. The project will be spread over 10 acre of land. The company is awaiting machinery from China, and work is expected to commence by July 2020.

We are very optimistic about local and International Market. We expect India to rank 5th as the Global Manufacturers by 2020.