Business briefs


PTI | New Delhi | Updated: 28-03-2019 21:31 IST | Created: 28-03-2019 21:31 IST
Business briefs

IT services major Tech Mahindra Thursday said it has signed a Memorandum of Understanding (MOU) with the University of Nebraska at Omaha (UNO) College of Information Science and Technology (IS&T). The MoU has been signed for partnering in knowledge enrichment, hiring, industry-faculty collaboration and to share mutual information technology expertise, Tech Mahindra said in a statement.

Through this partnership, Tech Mahindra will help arm UNO students and faculty with the latest digital capabilities and in-demand skills needed to join the workforce, it added. Also, the students and the faculty will gain access to Tech Mahindra's expertise in new digital technologies through regular speaker events, webinars, and hackathons.

Tech Mahindra will also work closely with the students and faculty on proof-of-concepts, whitepapers and research projects. In addition, the company will offer workshops and industry visits to allow students to experience the practical side of working in the IT and digital industry.

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Scanta ropes in Tyler Lindell as Chief Product Officer * Augmented Reality (AR) company Scanta Thursday said it has hired Tyler Lindell, who had helped set up AR/VR programme for Tesla, as its chief product officer.

Lindell will oversee the entire project development and integration of AR/VR on the client end, Scanta said in a statement. He will also assist the company in closing business leads to develop a stronger brand portfolio, it added.

"Tyler shares the same vision that we have at Scanta and his experience and expertise will be an asset to our company... We are currently working towards animating AR avatars through voice commands and Tyler’s expertise will allow us to keep our focus intact while we continue to expand," Scanta founder and CEO Chaitanya Hiremath said.

********** Bonito Designs raises USD 6.3 mn from Tomorrow Capital

* Interior designing firm Bonito Designs Thursday said it has raised USD 6.3 million from early stage strategic investment fund Tomorrow Capital. "Bonito Designs, India's most promising interior designing brand, has raised a sum of USD 6.3 million in its pre-Series A round of funding led by Tomorrow Capital," the company said in a statement.

The Bengaluru-based company will use the fresh capital to extend its operations, ramp up the production and fund its research and development "Thanks to Tomorrow Capital, we have more firepower to improve our digital infrastructure and expand our product base. Bangalore will be our initial focus, but we are also eyeing the markets in other metro cities," Sameer A M, CEO of Bonito Designs said.

The company plans expanding into Mumbai, Pune and Hyderabad.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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