Leading B2B payment infrastructure provider TransferMate has reportedly secured funding of USD 70 million valuing the company at USD 1 billion. Railpen, one of the largest pension funds in the United Kingdom, took part in the funding round. The Ir...
Read MoreBerlin-based Zolar GmbH has reportedly secured a Series C funding of USD 105 million to increase its supplier network for small-scale solar systems to cater to the surging demand for clean energy. The funding round is initiated by Singapore-based ...
Read MoreMiraval Resorts & Spa, an affiliate of Hyatt Hotels Corporation, has reportedly entered a management deal with The Red Sea Development Company for Miraval The Red Sea. The 180-room luxury resort will bring the signature wellness practices of t...
Read MoreEdtech giant Byju’s has reportedly planned to acquire Chegg, a California-based online tutoring firm. Byju Raveendran, Founder and Chief Executive of Byju’s indicated that the upcoming year is the right time for making acquisitions. He...
Read MoreNeso Brands, a subsidiary of eyewear unicorn retailer Lenskart, has reportedly secured a seed funding of USD 100 million. SoftBank?, KKR, Temasek, and ?Alpha Wave Global? were the investors involved in the seed round. Neso Brands stated that it wi...
Read MoreAMG Media Networks, a media unit of Adani Enterprises, has reportedly planned to purchase a 49% stake in Quintillion Business Media Pvt Ltd (QBML), a digital business news platform. As per a regulatory filing, Adani Enterprises inked a Shareholder...
Read MorePasqal SAS, a leading manufacturer of quantum processing units, and automotive giant BMW Group have reportedly extended their collaboration to apply quantum computing to enhance car design. This collaboration comes following the win registered by ...
Read MoreSwiggy, the food and grocery delivery platform, has reportedly ceased operations of Supr Daily, its subscription-based delivery service, in five cities due to low profits. The announcement came following the suspension of operations of subscriptio...
Read MoreMicrosoft Corporation has reportedly beefed up its security service offerings with three new services, developed to help organizations identify and respond to cybersecurity instances like ransomware. The tech giant is the leading provider of cloud...
Read MoreElectric truck maker Lordstown Motors Corp has reportedly registered a loss of USD 90 million and is yet to close a USD 230 million deal with Taiwanese tech supplier Foxconn ahead of a May 14th deadline. As per the agreement, Foxconn will purchase...
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