Venkat Srinivasan Launches Venture Capital Firm for AI Startups With $100 Million

BOSTON—Serial entrepreneur Venkat Srinivasan has launched a new venture capital firm, Innospark Ventures, with $100 million for AI-driven startups and ventures primarily in early-stage...

Glympse Bio, a Spin-Out From the Lab of Dr. Sangeeta Bhatia at MIT, Raises...

CAMBRIDGE, MA--Glympse Bio, Inc., a spin-out from the laboratory of Sangeeta Bhatia, M.D.,. at the Massachusetts Institute of Technology, announced that it has raised...

All in the Family, the Kapoor Family: Pioneers of Indian Food in Boston

NEEDHAM, MA—Owners of 65 Indian restaurants in New England worked at some point in their life time at restaurants owned and managed by the...

Four Indian-American Billionaires Among the Richest 400 people in the U.S.

NEW YORK– Four Indian-American billionaires are ranked among the wealthiest 400 people in the United States, according to Forbes’ 2018 ranking of the 400 richest...

With $2.2 Billion, Massachusetts Native Niraj Shah is Among the Wealthiest 400 People in...

BOSTON--Wayfair Inc. co-founders Niraj Shah and Steven Conine can now count themselves among the wealthiest 400 people in the U.S., reported Boston Business Journal. Citing...

Harvard Professor Gita Gopinath Appointed as IMF Chief Economist

WASHINGTON, DC--International Monetary Fund (IMF) Managing Director Christine Lagarde appointed Gita Gopinath as Economic Counsellor and Director of the IMF’s Research Department. Ms. Gopinath will...

Nilanjana Bhowmik, Head of Boston’s Latest Woman-Led VC Firm and the Second Largest TiE...

BOSTON—By her own admission, she says she belongs to India’s “brain drain” generation. She was born in India and came to the United States...

After Donating $1 Million to Promote Cricket for the Blind, Subu Kota Says Selfless...

SOUTHBOROUGH, MA—After making a surprise announcement to donate $1 million to promote cricket for the blind worldwide on Saturday, Boston entrepreneur Subu Kota, founder...

The Jeweler of All Indians: Kay Pee Jewelers

BURLINGTON, MA—As the population of Indian-Americans in New England has diversified, representing almost every region of India and its varied cultural and traditional needs,...

Boston Scientific To Acquire Amar Sawhney-Founded Augmenix for $600 Million

MARLBOROUGH, MA -- Boston Scientific announced that it has entered into a definitive agreement to acquire Augmenix, Inc., a privately-held company founded by a...

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Infosys building $35 million education center in Indianapolis

Bengaluru--Infosys began constructing its US Education Centre at Indianapolis in mid-west Indiana state for its employees at a cost of $35 million (Rs 252...

Indian-American Thomas Kurian to lead Google Cloud

San Francisco-- Indian-American Thomas Kurian, former Oracle President of product development and a respected technologist, is going to head Google Cloud from early next year,...

India revokes 25 NRI men’s passports over marital discord

New Delhi--The Indian government has revoked the passports of 25 men living abroad for abandoning their spouses in India, a Ministry of Women and...
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