Bosch Ventures introduces €250 mn fund to fuel startup innovation
Bosch, a global technology and service provider, announced the launch of a new €250 million fund through its
venture capital
arm,
Bosch Ventures
. The fund will invest in startups focused on energy efficiency and artificial intelligence, aiming to foster technological progress and drive economic growth.
Stefan Hartung, chairman of the board of management of Robert Bosch GmbH, said: 'For one thing, our investments in startups promote technological progress in business and society, and for another, this collaboration also benefits our divisions," Hartung said. "With disruptive technologies, startups can boost innovation in a way that delivers important growth impetus for a country's economy. That is why we want to remain a reliable partner for the startup sector worldwide, even in an adverse business environment.'
A step to drive innovation
Since 2007, Bosch Ventures has been strategically located in technology hotspots across China, Germany, Israel, and the U.S., screening over 2,000 startups annually and investing in six to ten carefully selected companies, while also running the
Open Bosch program
to facilitate early-stage collaborations between startups and Bosch's operating units. With a portfolio of over 60 active investments, Bosch Ventures supports successful exits like IPOs, and has invested in companies such as Xometry, IonQ, Quantum Motion, Arduino, and Aleph Alpha, demonstrating its global reach and diverse investment areas.
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Hindustan Times
3 days ago
- Hindustan Times
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If you're looking for the best Bosch built-in oven for easy cooking, this one covers the basics and gets the job done right. 3D hot air cooks multiple dishes evenly Simple controls, no learning curve Eco Clean coating helps reduce oven build-up No touch control or digital menu Basic design without extra presets Bosch Serie | 2 60 cm 66 L built-in oven with 3D hotair: achieve perfect baking and roasting results on up to 3 levels simultaneously What are buyers saying on Amazon? Easy to use, cooks evenly, and fits neatly into the kitchen space. Why choose this product? It handles baking and roasting across three trays with steady heat using 3D hot air. For those looking for the best Bosch built-in oven with smart cooking support, this Series 8 model brings thoughtful tools into one place. The 3D hot air distributes heat across trays evenly, while Bosch Assist selects the right settings for common dishes. The air fry mode cuts out the need for extra appliances. A dirt-repellent coating and pyrolytic cleaning mean less time spent scrubbing. The touchscreen and operating ring feel natural to use and responsive. Cooks evenly on multiple trays with 3D hot air Bosch Assist picks settings automatically Air Fry mode built in No built-in camera or recipe tracking Interface might feel too digital for some users Bosch HBG7341B1, Series 8 Smart Built-in Oven, 60 x 60 cm,Black, Dirt-Repellent & Self-Cleaning, Air Fry, Bosch Assist Automatic, 3D Hot Air, Colour Touch Screen & Operating Ring What are buyers saying on amazon? Looks clean, cooks well, and the air fry feature is a bonus. Why choose this product? It helps you cook consistently with less effort using built-in smart heat modes. If you're looking for the best Bosch built-in oven for quick meals and reheat tasks, this one fits the bill without adding bulk to your kitchen. The Bosch Serie 4 microwave oven blends heat and grill modes with simple push-button controls and 8 auto programs. 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The pyrolytic cleaning is the kind of thing you don't appreciate until you're not scrubbing burnt cheese off the bottom. It's steady, simple, and built for people who actually use their ovens, not just stare at them. Even cooking across trays with 3D hot air Pyrolytic cleaning saves manual scrubbing 10 cooking modes cover basic needs No touchscreen or digital cooking assist Lacks advanced features from higher-end models Bosch 60cm Pyrolitic Built-in Single Oven Stainless Steel HBN574BR0Z What are buyers saying on amazon? Heats up fast, cooks evenly, and cleaning is really simple. This was mentioned by many buyers. Why choose this product? The pyrolytic cleaning helps keep it clean with minimal input. If you cook often and want an oven that keeps things simple, this Bosch Serie 2 model does exactly that. It heats evenly, fits big meals, and works well for baking or grilling. Called one of the best Bosch built-in ovens for everyday use, it offers convection heat, easy rotary controls, and a clean steel and black finish that fits into most kitchen setups without making things complicated. Simple convection cooking for daily meals Easy-to-use manual controls Large 66L capacity for batch cooking No digital display or smart features Basic presets only Bosch Serie | 2 60 cm 66 L Stainless Steel Built In Convection OvenHBF010BR0Z (Steel/Black) What are buyers saying on amazon? Good for regular baking and runs smoothly with no issues. Why choose this product? It offers steady heat and enough space for daily and batch cooking. This Bosch Series 6 microwave oven handles everyday reheating and light grilling without overcomplicating the process. It pairs simple push-button controls with pre-set programs that actually make sense. If you are after the best Bosch built-in oven for quick meals and daily tasks, this one stays reliable without demanding extra attention. The 25 litre capacity is well-suited for reheating, defrosting, and grilling smaller dishes. It fits neatly into standard kitchen units and offers a clean stainless look with black glass. Quick microwave heating and grilling in one unit Pre-set programs for common tasks Clean finish and space-saving design Not for baking or high-capacity cooking Lacks advanced touch controls Bosch 25 Litre Series 6 Built-In Microwave Oven Stainless Steel Microwave Oven (BEL554MB0I,Black) (Series 6) What are buyers saying on amazon? Does its job well and fits cleanly into the kitchen said by many buyers. Why choose this product? It handles small daily cooking tasks without making you adjust everything manually. This Bosch oven gets the basics right without adding too much. If you're looking for the best Bosch built-in oven that handles everyday baking and roasting without making you scroll through endless options, this one keeps it straight. You get 3D hot air, multiple heating modes, and a large 71 litre space. Heat is steady, cleaning is manageable, and the stainless steel body holds up well over time. Large capacity oven with even heat Simple controls with no guesswork No pyrolytic or self-cleaning No digital smart features Bosch 60cm Built-in Single Oven Stainless Steel HBN534BS0Z What are buyers saying on amazon? Heats quickly, cooks evenly, and is easy to use. Why choose this product? It handles everyday cooking with steady heat and clear controls. Yes, Bosch built-in ovens are built for consistent, everyday cooking. They heat evenly, maintain temperature well, and most models include useful features like convection, grill, and preset cooking modes that make them suitable for regular baking, roasting, and reheating. 3D hot air is Bosch's technology that distributes heat evenly across all rack levels. It lets you bake or roast on multiple trays at once without mixing flavours or overcooking one area. This is especially helpful for batch cooking or when you're using more than one shelf. Serie 2 offers basic functions with manual controls. Serie 4 adds more heating modes and slightly better build quality. Serie 6 includes features like pyrolytic cleaning and touch panels. Serie 8 is Bosch's premium range with full touchscreen controls, Bosch Assist, and smart connectivity (Home Connect). Yes, if you cook often. Pyrolytic cleaning heats the oven to a high temperature that burns off grease and spills, turning them into ash. It saves time and effort on scrubbing, especially after grilling or baking oily foods. Best ovens for modular kitchen: 10 smart convection ovens with auto menus and health-focused tech for flawless cooking Best microwave ovens in India in April 2025 with top 10 picks for quick cooking, easy reheating and everyday convenience Top accessories for perfect baking: Your guide to convection microwave oven essentials with top suggestions Microwave oven buying guide: Tips to buy the right one for your kitchen and the best options to choose from Best convection microwave oven options: Why LG isn't your only top choice for the best kitchen appliance Bosch Serie 4 or Serie 6 models offer the right balance of features for daily use. Most mid to high-range models include it — check the specs to be sure. Yes, pyrolytic cleans more thoroughly with less effort over time. 60 cm wide and around 66 to 71 litres in capacity. Only select Serie 6 and Serie 8 models have Air Fry. Disclaimer: At Hindustan Times, we help you stay up-to-date with the latest trends and products. Hindustan Times has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act, 2019, with respect to the products. The products listed in this article are in no particular order of priority.
Time of India
4 days ago
- Time of India
'It's no longer a cost thing': GCCs shift from support units to strategic value creators
Once viewed as peripheral back offices or outsourcing outposts, India's Global Capability Centres (GCCs) are undergoing an identity shift. Today, they are emerging as strategic nerve centres—driving product innovation, global go-to-market capabilities, and Artificial Intelligence (AI) breakthroughs across industries. Take the instance of Bosch Global Software Technologies, a global digital engineering company, where the journey of GCCs spans a 30-year transformation into a global AI-led business unit. Meanwhile, Rakuten, a global financial group based in Tokyo, suggests renaming GCCs as Global Value Centres (GVCs), a shift that indicates the growing strategic and innovation-led value these centres contribute beyond cost efficiency. In their increasing role as R&D powerhouses, GCCs are not just applying AI but leading innovations across healthcare, real estate, mobility, and hardware. At Bosch, GCCs are steering the company's generative (Gen) AI roadmap, with GenAI frameworks helping enhance code libraries. In a similar vein, at Jones Lang LaSalle Incorporated (JLL), the global real estate conglomerate is focusing its internal hackathons on agentic AI. Meanwhile, Qualcomm, a global chip manufacturing giant, designs AI-enabled chipsets for next-gen vehicles, even as Philips Innovation Campus leverages AI to reduce MRI scan time by 50%. These signals of transformation were discussed at the final round of Bosch Conversations roundtable titled 'GCCs as Engines of Strategic Innovation: Creating Global Centers of Excellence'. Held on May 22 at the Hilton Embassy Bengaluru, industry leaders came together to chart the evolution of India's GCCs from cost centres to engines of strategic value. Live Events Against the backdrop of a sector poised to reach USD 105 billion and employ over 2.8 million people by 2030 , as projected by Union Labour Secretary Sumita Dawra earlier this year, the discussion delved into how GCCs are now pivotal to global product innovation, AI-led transformation, and go-to-market acceleration. The speakers included Ramaprasad Subramaniam, Vice President & GCC Lead, Qualcomm; Arvind Vaishnav, Head of Philips Innovation Campus, Philips; Pawan Sachdeva, Managing Director - Digital and Health Services Platform, Carelon Global Solutions; Manish Mittal, Director, GBS Corporate Shared Services, Novozymes (a Novonesis company); Pratik Nath, Managing Director, Epsilon India; Ashokkumar Jayakumar, CIO, JLL; Subbu Swaminathan, Senior Vice President – Product & Engineering, Rakuten; Soumitra Saha, MD and Country Head, Lumen India; and, Ramesh Ramaswamy, Head - Transformation, Bosch Software and Digital Solutions. Driving the AI-led shift One of the clearest illustrations of this multi-decade journey came from Ramesh Ramaswamy, Head of Transformation at Bosch Software and Digital Solutions. Reflecting on Bosch's early entry into the GCC space, he said, ' 'We began our GCC journey long before the term even existed—over 25-27 years back,' he recalled. 'For us, a GCC is not only about delivering for the headquarters, it is also about being close to the end markets enabling us to deliver high-value, relevant outcomes to the parent organization.' Ramaswamy traced the evolution of Bosch's GCC footprint across India, Vietnam, Mexico, and Poland—driven not just by access to talent, but by proximity to customer ecosystems. He emphasized how Bosch GCCs have matured from delivery units into true innovation hubs—creating new products and even monetizing them independently. Moving up the value chain: From innovation to execution This theme of end-to-end innovation was echoed by Arvind Vaishnav, Head of Philips Innovation Campus, who reinforced that India is no longer just executing ideas but generating them, particularly in healthtech. He pointed to Philips' SmartSpeed solution as a breakthrough in AI-led clinical outcomes. Speaking about the interventions that could make Indian healthcare robust, from predictive diagnostics to faster scans, the speaker highlighted the need for a broader mindset shift: 'Everyone is identifying these real-world pain points and striving to move up the value chain. True value is created only when you're solving meaningful problems—not just building for the sake of it.' He added that it's no longer enough to just deliver hardware or standalone products. 'The real differentiation comes from combining robust software with innovative thinking to create solutions that truly improve patient experience and clinical outcomes. That's how India can lead—not just in innovation, but in execution that has a global impact.' Solving real-world problems at scale Throughout the conversation, a common refrain was the deep customer orientation and problem-solving mindset. Philips stressed co-creation with clinicians; JLL builds tools that help brokers make decisions 'in front of the client'; Rakuten developed India-born products now used across Asia. For Ashokkumar Jayakumar, CIO at JLL, India's GCCs have become indispensable to the firm's digital-first real estate strategy. The Bengaluru centre, now 1,000-strong, leads key products such as Azara and enables real-time decision tools for brokers and clients. 'We want to give the best tech tools to [our brokers]—so building CRM systems or any apps that they can use to show in front of the clients... we enable tools so our clients can make informed decisions.' Jayakumar underscored how sustainability imperatives are shaping product development from India. 'Each and all your companies have sustainability goals, so we help our clients with that... we come up with tools and tech to see how we can reduce and help our clients get their goals.' He also pointed to India's growing influence in ideation: 'We run hackathons... (the) majority of the participation comes from our GCC... This year, actually, we are running a hackathon on agentic AI… exciting times.' Pawan Sachdeva, Managing Director - Digital and Health Services Platform, Carelon Global Solutions, highlighted how GCCs are evolving beyond cost arbitrage to become strategic platforms delivering tangible value in healthcare innovation. That said, Sachdeva cautioned against technology obsession over consumer experience. He shared a real-life example from within Carelon Global Solutions to demonstrate this. 'It wasn't some rocket science or major tech breakthrough. It was something very simple—my team began systematically reviewing user feedback on the app stores. If a single, small issue was responsible for multiple negative reviews, we fixed it. Then we proactively responded to the users to let them know their feedback had been addressed. This led to overwhelmingly positive responses,' Sachdeva illustrated. India as the nerve centre: From innovation hubs to global deployment Pratik Nath, Managing Director of Epsilon India, seconded Sachdeva's opinion, reinforcing the view that India's GCCs have evolved far beyond cost centres to become core engines of AI and martech innovation. Nearly half of Epsilon's engineering talent is based in India, Nath noted, leading global initiatives in predictive modelling, personalised marketing at scale, and campaign automation using generative AI. He urged a shift from legacy maturity models to outcome-led global leadership from day one. 'What's fascinating is the sheer scale and continuity of model evolution. Just in the time we've been speaking, over two billion model updates have happened globally. And many aren't shiny GenAI models—they're older, embedded systems like risk and recommendation engines, some dating back to the '90s. Innovation isn't about replacing them, but layering new capabilities like GenAI on top of what already works.' 'GCCs are often seen primarily as tech hubs, but they're just as capable of delivering high-quality customer experiences—even from thousands of miles away from the headquarters,' stressed Soumitra Saha, MD and Country Head, Lumen India. From being a traditional telco, Lumen is transitioning into a digital-first, AI-powered company—with India at the forefront of this shift, proactively piloting GenAI initiatives. 'A key success factor for GCCs over the next decade will be their ability to drive innovation in products, services, and experiences directly from India. But to do this effectively, they must combine deep domain expertise with strong business understanding.' From Rakuten's observability tech launched in India and scaled to Southeast Asia, to Qualcomm's India-led chipset design for global devices, to Philips' India-developed FDA filings—the narrative is clear: India is not just a talent pool, it's a launchpad. Subbu Swaminathan of Rakuten India offered a compelling reframe: from Global Capability Centres to Global Value Centres (GVCs). Over the past decade, Rakuten's Bengaluru-based hub has evolved from a conventional outsourcing unit to a launchpad for in-house product innovation. 'Started as… (an) outsourcing centre, but now, leading the innovation from India to Japan and other markets.' Swaminathan cited an in-house observability solution built in India and now scaled to multiple clients across Southeast Asia. 'We saw a need... So we entered and built our own observability solution and piloted at scale… launched the business from India.' For Rakuten, the GCC model is now about strategic alignment and business contribution. 'It's no longer a cost thing. It's about: how can you strategically look at the parent organization, and how can you increase the business contribution from India?' Closing the loop, Ramaprasad Subramaniam, Vice President & GCC Lead at Qualcomm, reflected on how India has moved from the periphery to the core of Qualcomm's global chip design strategy. Over two decades, the India GCC has grown from a cost arbitrage base to a full-stack innovation engine powering next-gen chipsets across smartphones, IoT, computing, and automotive use cases. He highlighted Qualcomm India's role in designing solutions for leading domestic brands such as Mahindra and Tata, and underlined that India now contributes to ARM-based laptop alternatives and future-forward chip architectures. As GCCs scale their ambitions, they are also expanding geographically to tap into India's broader talent base. Vaishnav noted that at Philips, there is a growing importance of building Tier-II/III ecosystems to avoid 'concentration risks' and tap into untapped talent. Similarly, Subramaniam affirmed Qualcomm's commitment to capability building across India, reinforcing the idea that GCCs are investing in geographic resilience. Responding to a discussion on how organisations perceive and position their GCCs, Manish Mittal, Director of GBS Corporate Shared Services at Novozymes (now part of Novonesis), explained that at this global bio-solutions leader, the India centre is not treated as a separate, siloed support unit, but as a fully embedded strategic extension of the global organisation. He emphasised that location is irrelevant when capabilities are core and integrated into enterprise decision-making. 'We are very integrated. We don't call ourselves a GCC… The core is strategic. It's not like 'this is India'—it's just, this is it. We are another function.' For more such critical insights on the future of GCCs and how GCCs are generating new revenue streams, not just supporting existing ones, watch the conversation here. 'It's no longer a cost thing': GCCs shift from support units to strategic value creators | Discussion Watch the full conversation here Bosch Conversations is a global, by-invite flagship series that brings together thought leaders. Hosted by Bosch Software and Digital Solutions , it focuses on digital disruptions and leadership in the context of market needs and industry challenges. Economic Times WhatsApp channel )
