Author Archive

September 27th, 2014

Yahoo Announces Acquisition of Bookpad—a One-Year-Old Bangalore-Based Startup

Yahoo has announced its acquisition of ‘Bookpad’—a one-year-old Bangalore-based startup—for a whopping $15 million!

DocsPad, the company’s enterprise software product, had gained widespread attention because of its ability to allow users to view, edit, and annotate documents in any format (PDF, MS Word, MS PowerPoint, etc.) within a website or app. The product works across devices and does not require downloading of plug-ins or desktop software.

Bookpad was founded by IIT-Guwahati  graduates Aditya Bandi, Niketh Sabbineni, and Ashwik Battu.

Source: Technopark Today

September 25th, 2014

Microsoft India Launches Initiative to Bring More Women into IT

Microsoft India has announced the launch of an innovative programme aimed at attracting more women into the IT industry in the country. The initiative, named ‘Women in Tech’, will also aim to retain the existing female talent in the industry. In order to achieve this, Microsoft India and its partners will train and mentor one million girls and women in the next one year.

Bhaskar Pramanik, Chairman, Microsoft India, said: “Today, the IT industry in India has about one million women. Our Women in Tech initiative aims to double that number in the next few years. In the first year, our partners and we will train and mentor the next one million women and help them join, grow and succeed in the IT industry.”

As part of the initiative, Microsoft has also launched a unique online platform, which can be accessed at

Source: Technopark Today

September 4th, 2014

Kerala Nurtures High Hopes on Japanese Investments

The visit of Prime Minister Narendra Modi to Japan is expected to bring in investments worth $35.5 billion to India, and Kerala has more reasons to have higher hopes than any other state in the country, thanks to more than 40 years of bilateral relations with the ‘land of the rising sun.’

At the moment, there are about 260 Japanese companies and associates operating from the states in areas ranging from automobile manufacturing to gelatin production.

To further the hopes is the fact that five Japanese city mayors, along with 20 businessmen, will visit Kerala in November.

The Indo-Japan Chamber of Commerce – Kerala (Injack), which acts as a bridge to facilitate trade and business between Japan and Kerala, has already identified 50 small and medium enterprises (SMEs) in and around Yokohama, Japan, for business matching with SMEs in Kerala.

The sectors in which Japanese companies are interested to invest in are IT, tourism, food processing, and healthcare including Ayurveda and care of the elderly.

Source: The New Indian Express

July 28th, 2014

‘Prathidhwani’ to Conduct Creative Writing Competition for Technopark Employees

Trivandrum Technopark-based sociocultural organization ‘Prathidhwani’ will organize a creative writing contest in English and Malayalam for professionals working in the park.

There will be poetry, short story, and essay writing competitions.  First and second best entries in each category in both languages will win attractive prizes.

All entries must be submitted online to, before August 10. A contestant can submit only one entry per category.

Source: The New Indian Express

July 1st, 2014

UST Global Acquires Renaissance Solutions


IT major UST Global has announced that it has acquired Singapore-based Renaissance Solutions Pte. Limited, a leading staffing and technology services company serving over 100 multinational, corporate and government customers.

Saurabh Ranjan, Managing Director (Global Operations), UST Global, said, “In the technology industry, the war for talent is escalating and clients rely on us to deploy the right talent at the right time. Singapore is a global business hub and has attracted the best and the brightest in tech from around the world.”

Vivek Ravindran, President, Renaissance Solutions, said, “Renaissance Solutions cut its teeth providing talent to the construction, oil and gas industries. Together with UST Global, we expect to take our expertise to other industries and deliver exceptional value to our customers.”

Source: Technopark Today