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Unicorn R&D

Deals/Contracts/Partnerships

  • 1

    City Transformer, EV tech disruptor from Israel, has selected SEGULA Technologies as its engineering development partner. The move will see the two companies use their expertise, know-how and innovation in further developing the pioneering all-electric foldable CT-1 microcar.

    Q3(Jul-Aug-Sep), 2022

  • 2

    A US based new-age EV OEM has awarded LTTS a multi-year engineering program encompassing energy storage systems, battery structures & BMS integration and design support to help the customer launch its new line-up of electric vehicles.

    Q3(Jul-Aug-Sep), 2022

  • 3

    Monument Bank, UK?s first neo bank, has partnered with Persistent Systems to build a bespoke, cloud-native digital banking platform for lending and deposit services to support Monument?s ongoing operations.

    Q3(Jul-Aug-Sep), 2022

  • 4

    FEV has entered a long-term agreement with electrified powertrain systems start-up, Hyliion, to support design, development, integration, and validation of their innovative Electric Range Extender (ERX) for Class 8 tractor-trailer applications. Also, FEV

    Q3(Jul-Aug-Sep), 2021

  • 5

    Saxo Bank partners with Thoughtworks to leverage business data for enhanced customer experience

    Q3(Jul-Aug-Sep), 2021

  • 6

    Thoughtworks is Collaborating with Spotify to Deliver Better Developer Effectiveness with Backstage. It is offering Backstage consulting services to TELUS.

    Q3(Jul-Aug-Sep), 2021

  • 7

    Tandem Bank, an innovative, UK-based challenger, has launched its new banking platform along with introducing frictionless banking services for its consumers. Intive has been supporting this endeavor to guarantee the most effective and secure development of the bank’s platform and its flagship digital products.

    Q1(Jan-feb-Mar), 2021

EIIR Provider Solutions/Capabalities

  • 1

    Aptiv, Audi invest $285 million in software company TTTech Auto giving the Austrian firm a valuation of $1 billion

    Q1(Jan-Feb-Mar), 2022

  • 2

    Wipro wins five-year software engineering services engagement from ThoughtSpot.

    Q4(Oct-Nov-Dec), 2020

EIIR Buyer GIC/R&D Best Practices/Solutions

  • 1

    ReliaQuest, the Cybersecurity Unicorn opens of a new office location in Pune, India. The team in India will be a part of the ReliaQuest product development group, with roles in backend development, quality assurance, user interface, and DevOps. Employees will contribute to enhancing the company?s Open XDR-as-a-Service platform, GreyMatter.

    Q3(Jul-Aug-Sep), 2022

  • 2

    Zoho plans to hire 2,000 employees this year in India and other locations.

    Q3(Jul-Aug-Sep), 2022

  • 3

    HiBob, a HR Management Platform and an Unicorn, acquires Portuguese company Bugle, sets up R&D center in Lisbon.

    Q3(Jul-Aug-Sep), 2022

  • 4

    Ola to lay off at least 500 employees across software teams. Many of these employees are believed to have been working on different aspects of the Ola app.

    Q3(Jul-Aug-Sep), 2022

  • 5

    Shopee will cut about 3 percent of its employees in Indonesia as part of the restructuring, which involves marketing, operations and technology teams.

    Q3(Jul-Aug-Sep), 2022

  • 6

    Cybersecurity unicorn Cybereason opening new R&D center in Beesheba, Israel.

    Q2(Apr-May-Jun), 2022

  • 7

    Foodpanda plans to open a new global R&D centre in Taiwan and hire 100 new employees. The company will hire for a range of roles including software and cloud technology engineers, app developers for innovative applications.

    Q1(Jan-Feb-Mar), 2022

  • 8

    Bukalapak, Indonesia?s e-commerce company, has established an R&D Center in Melbourne, Australia.

    Q1(Jan-Feb-Mar), 2022

  • 9

    New Bengaluru tech hub to be part of Airbnb?s ongoing investment in India

    Q1(Jan-Feb-Mar), 2022

  • 10

    UK food delivery co Deliveroo to open engineering office in Hyderabad, India. One more unicorn sets up R&D center in India.

    Q1(Jan-Feb-Mar), 2022

  • 11

    Coinbase to set up Israel R&D center, buys Unbound Security

    Q4(Oct-Nov-Dec), 2021

  • 12

    Lightricks, an unicorn, to build an 8,600 square feet R&D center in Haifa, Israel.

    Q4(Oct-Nov-Dec), 2021

  • 13

    UK bank Oak North said it has made over 120 offers this year and are looking to fill 100 more roles in Bengaluru, Gurugram and Hyderabad

    Q3(Jul-Aug-Sep), 2021

  • 14

    UK-based fintech Revolut plans to make a 25-million-pound invesntment in India and create 300 jobs.

    Q3(Jul-Aug-Sep), 2021

  • 15

    French digital behavior analytics company Contentsquare is to double the size of its Israel R&D center

    Q2(Apr-May-Jun), 2021

  • 16

    US taxi service Lyft to open R&D center in Kyiv.Lyft’s R&D center in Kyiv will focus on improving online maps that the company’s users need to navigate in nearly 700 cities across the U.S. and Canada.

    Q2(Apr-May-Jun), 2021

  • 17

    Grablaunches Grab Tech Center, the company’s R&D hub in Indonesia. The tech center would focus on researching, designing and testing tools and technology for small and medium enterprises (SMEs) in Indonesiaand beyond as well as developing solutions for Grab’s own businesses, namely Grab Kiosks, Grab Food and Grab Merchants.

    Q4(Oct-Nov-Dec), 2020

  • 18

    Japanese unicorn Raksul sets up tech center in Bengaluru.

    Q4(Oct-Nov-Dec), 2020

Other News

  • 1

    New Swedish unicorn! Sustainable energy storage solution company Polarium raises ?91.84M. The company provides energy storage solutions to the telecom, commercial, and industrial segments. Its headquarters and R&D centre is situated in Sweden, with manufacturing in Mexico, Vietnam and South Africa.

    Q2(Apr-May-Jun), 2022

  • 2

    Search giant Elastic which has a $14 billion market cap, recently acquired Israeli company build.security which will serve as the base for the new R&D center.

    Q3(Jul-Aug-Sep), 2021

  • 3

    Gojek and Tokopedia have agreed to merge to create the largest tech group in the country called GoTo Group with estimated valuation of $18 Billion.

    Q2(Apr-May-Jun), 2021

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Pareekh Jain

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