TCS to add airline digital centre in Portugal; Google adds UPI Autopay on Play; ContentStack raises $80 mln
Tata Consultancy Services has won a contract from TAP Air Portugal to modernise the airline’s IT systems and business processes to improve customer experience, as part of which it will establish a digital centre for innovation that will eventually serve other airlines in the region as well. Google has added UPI Autopay as a payments option for subscriptions on its Play app store. And content management system provider ContentStack nearly doubles its funding.
Google has added Unified Payments Interface, or UPI — India’s most popular payments method – in its Google Play app store. Users can now use UPI Autopay to pay for subscriptions on Google Play, Google said in a post on Tuesday.
UPI Autopay helps people make recurring payments using any UPI application that supports the feature. To use this method on Google Play, after selecting a subscription plan for purchase, tap on the payment method in the cart, select “Pay with UPI”, and then approve the purchase in your supported UPI app.
WhatsApp’s India head Abhijit Bose and Meta’s public policy head for the country Rajiv Aggarwal have both quit — just days after Meta’s India head Ajit Mohan left the company to join rival Snap, TechCrunch reports.
Meta confirmed the departure of both executives yesterday, according to TechCrunch. The company also announced the appointment of Shivnath Thukral as its director of public policy in the country — replacing Aggarwal, who joined the company only last year from Uber.
Billionaire investor Warren Buffett’s company Berkshire Hathaway disclosed yesterday that it had purchased a $4.1 billion stake in Taiwan Semiconductor Manufacturing Company, one of the world’s largest chipmakers, CNN reports.
TSMC accounts for an estimated 90 percent of the world’s super-advanced computer chips, supplying tech giants including Apple and Qualcomm.
Tata Consultancy Services has won a contract from TAP Air Portugal to modernise the airline’s IT systems and business processes to improve customer experience.
TCS will establish an Airline Digital Centre (ADC) in Portugal, staffed with consultants with deep domain knowledge of the airline industry, solution architects and technology experts, the Mumbai company said in a press release.
ReNew Power, a subsidiary of ReNew Energy Global, yesterday, signed a Framework Agreement with the Government of Egypt to set up a Green Hydrogen plant in the Suez Canal Economic Zone with an investment of $8 billion and a targeted annual production of 220,000 tons of green hydrogen.
The Framework Agreement follows a Memorandum of Understanding (MoU) signed in July, the company said in a press release.
Contentstack, a Silicon Valley and Mumbai SaaS company, which says it’s India’s biggest content management system provider, yesterday announced $80 million in Series C funding.
Georgian and Insight Partners co-led the round with participation from Illuminate Ventures, according to a press release. All three firms continue to grow their investment with Contentstack, contributing to a $169 million total raised thus far.
Contentstack’s customers include global brands like Chase, Holiday Inn, Levi’s, Mattel, McDonald's, Mitsubishi, and Shell. The Company will use the money to add people in Hyderabad, Bengaluru, Pune and Virar-Mumbai, as it expands its operations, according to its press release.
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