BusinessNews

Cognizant to allocate $5 million to fund research

US-based IT major Cognizant, which is in news recently for its proposed layoff of 5,000 to 7,000 employees, plans to allocate $5 million to fund research aimed at increasing the level and sophistication of algorithms and automation in order to reduce users’ exposure to…
NewsStartups

ElasticRun Raises $40 Million, Led By Prosus Ventures

Bengaluru, NFAPost : ElasticRun Raises $40 million led by Prosus Ventures (Naspers Ventures), to ‘Deliver the Goods’ to Indian consumers and businesses. ElasticRun is an aggregated variable capacity transportation network built using idle transportation and logistics…