Siemens, Zscaler offer all-in-one solution to boost OT digital security
Date: 2022-05-30   Author: Pankaj Singh

Zscaler and Siemens have reportedly offered a proven solution that consolidates Siemens' devices and the Zscaler Zero Trust Exchange cloud security platform to help expedite digital security initiatives of customer...

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UK-based Kendamil to send 2 million infant formula cans to the U.S.
Date: 2022-05-27   Author: Pankaj Singh

Kendamil, the Cumbria-based baby milk brand, has reportedly planned to fly two million infant formula cans to the United States over the next six months to facilitate a nationwide shortage. ...

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FTC commences investigation into infant formula manufacturers
Date: 2022-05-26   Author: Saipriya Iyer

The FTC (Federal Trade Commission) has reportedly started an investigation into the makers of infant formula to find out whether corporate mergers caused a nationwide shortage. FT...

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Conkrite Capital announces merger with Grupos Originarios De México
Date: 2022-05-25   Author: Pankaj Singh

Conkrite Capital Corp. has reportedly announced its plans to enter a definitive agreement with Grupos Originarios de México (POM) to merge in Performance Management and Resource Management. ...

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NextBillion.ai secures Series B funding of $21 Mn led by Mirae Asset
Date: 2022-05-24   Author: Saipriya Iyer

Spatial data and mapping platform NextBillion.ai has reportedly secured a Series B funding of USD 21 million initiated by Mirae Asset Venture Investments. Current investors Alphawave, Lightspeed, and Microsoft’s ...

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TransferMate raises funding of USD 70 Mn to expedite B2B innovation
Date: 2022-05-23   Author: Pankaj Singh

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...

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Zolar bags Series C funding of USD 105 Mn to expand supplier network
Date: 2022-05-20   Author: Pankaj Singh

Berlin-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. ...

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Hyatt affiliate inks agreement with The Red Sea Development Company
Date: 2022-05-19   Author: Pankaj Singh

Miraval 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...

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Byju’s planning to acquire CA-based online tutoring firm Chegg
Date: 2022-05-18   Author: Pankaj Singh

Edtech 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 ...

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Lenskart subsidiary Neso Brands secures seed funding of USD 100 Mn
Date: 2022-05-17   Author: Saipriya Iyer

Neso 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....

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Adani Group to buy 49 percent stake in Quintillion Business Media
Date: 2022-05-16   Author: Pankaj Singh

AMG 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. ...

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Pasqal & BMW extend collaboration to enhance car design & production
Date: 2022-05-13   Author: Saipriya Iyer

Pasqal 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. ...

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Swiggy suspends operations of Supr Daily in five cities citing losses
Date: 2022-05-12   Author: Pankaj Singh

Swiggy, 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 ann...

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Microsoft ramps up security service offerings to tackle ransomware
Date: 2022-05-11   Author: Saipriya Iyer

Microsoft 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. ...

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Lordstown registers USD 90 Million loss; yet to close Foxconn deal
Date: 2022-05-10   Author: Pankaj Singh

Electric 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....

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Govt to accept financial bids for Shipping Corp of India by September
Date: 2022-05-09   Author: Saipriya Iyer

The Government of India will possibly accept financial bids for selling the Shipping Corporation of India (SCI) by September 2022 after demerging non-core assets. Under the proces...

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Fintech startup MoneyMatch targeting Series B funding of USD 10 Mn
Date: 2022-05-06   Author: Pankaj Singh

MoneyMatch, a Malaysia-based fintech startup, has reportedly announced its plans to raise a Series B funding round between USD 8 million to USD 10 million. The fintech startup is ...

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Golden Energy and Resources acquires BHP Mitsui Coal for $1.2 Bn
Date: 2022-05-05   Author: Pankaj Singh

Widjaja family’s Golden Energy and Resources has reportedly acquired an 80% stake in BHP Mitsui Coal, an Australia-based coal miner, for USD 1.2 billion. Japan’s Mitsui owns the remaining stake. ...

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NTPC ramps up fuel imports and expansion of coal-fired capacities
Date: 2022-05-04   Author: Saipriya Iyer

State-run power producer NTPC (National Thermal Power Corporation) Ltd is planning to import 20 MT (million tonne) of fuel and expedite the expansion of coal-fired capacities. Acc...

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Karnataka inks MoU with ISMC for a $3Bn semiconductor fab plant
Date: 2022-05-02   Author: Pankaj Singh

Karnataka has reportedly inked an MoU (Memorandum of Understanding) with ISMC Analog Fab Pvt. Ltd for establishing a semiconductor fab facility for USD 3 billion over the next seven years. ...

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Sembcorp merges with Keppel Corp’s offshore unit for USD 6.29 Bn
Date: 2022-04-29   Author: Saipriya Iyer

Sembcorp Marine has reportedly merged with the larger marine and offshore unit of Keppel Corp for USD 6.29 billion (S$8.7 billion). This move comes one year after the Temasek-back...

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Labour Ministry notifies Infosys to jointly discuss non-compete clause
Date: 2022-04-28   Author: Pankaj Singh

The Labour Ministry has reportedly issued a notice to Infosys Ltd to conduct a joint discussion on April 28th regarding the imposition of the non-compete clause. This m...

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Abu Dhabi’s Masdar signs MoUs to develop green hydrogen project in Egypt
Date: 2022-04-27   Author: Saipriya Iyer

Masdar, a UAE-government-owned renewable energy company, and Egypt’s Hassan Allam Utilities have signed a deal with state-backed organizations in Egypt that will see both parties working together for the developm...

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Crypto exchange Kraken forays into the competitive landscape of the UAE
Date: 2022-04-26   Author: Pankaj Singh

Kraken will be recognized as the 1st cryptocurrency player to facilitate UAE Dirham-based funding and trading equivalent to ether, bitcoin, and other virtual assets ...

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Liqid introduces world’s fastest storage for M&E at 2022 NAB Show
Date: 2022-04-25   Author: Saipriya Iyer

Liqid, a leading software firm offering composability of data centers, has reportedly introduced the world’s fastest NVMe storage to M&E (Media & Entertainment) professionals at the 2022 NAB Show. ...

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Nykaa partners with ELCA Cosmetics to unveil premium salons in India
Date: 2022-04-22   Author: Pankaj Singh

Nykaa, a leading beauty retailer, has reportedly collaborated with ELCA Cosmetics Pvt Ltd, Estee Lauder’s subsidiary, to unveil premium salons in India. This move commences ...

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Basis Investment Group enters origination partnership with Genesis Bank
Date: 2022-04-21   Author: Saipriya Iyer

Basis Investment Group, a national CRE (commercial real estate) equity, and debt investment platform, has reportedly entered an origination partnership with commercial bank Genesis Bank. ...

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PetMeds® announces partnership with Vetster for pet telemedicine
Date: 2022-04-20   Author: Pankaj Singh

PetMed Express, Inc. has reportedly entered an exclusive partnership with Vetster Inc, a leading pet-care and veterinary telemedicine marketplace. The deal gets access to around-t...

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Singapore-UK joint venture to introduce LVL for housing in India
Date: 2022-04-19   Author: Pankaj Singh

The UK and Singapore have reportedly established a joint venture to bring Laminated Veneer Lumber (LVL), or engineered timber, for housing projects across India and other South Asian nations. ...

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Sequoia Capital India addresses fraud allegations at some startups
Date: 2022-04-18   Author: Pankaj Singh

Sequoia Capital India has reportedly acknowledged the fraud allegations charged against some of its portfolio startups and committed to taking bold steps to perform more to steer increased compliance. ...

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TotalEnergies & ENEOS ink JV agreement to develop B2B solar generation
Date: 2022-04-14   Author: Saipriya Iyer

ENEOS Corporation and TotalEnergies SE have reportedly inked a joint venture (JV) agreement to develop B2B onsite solar distributed generation throughout Asia. The agreement is a ...

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FIDCAR-Stellantis &You form after-sales predictive marketing alliance
Date: 2022-04-13   Author: Pankaj Singh

FIDCAR, a startup from the MotorK group, and Stellantis &You, Sales and Services have reportedly formed an after-sales predictive marketing collaboration. For the unversed, af...

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Godrej Industries unveils financial services division Godrej Capital
Date: 2022-04-12   Author: Saipriya Iyer

Godrej Industries Ltd has reportedly launched Godrej Capital, its financial services arm, which will also be the holding organization for Godrej Finance and Godrej Housing Finance. ...

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Cornerstone Building Brands to sell coil coating business to BlueScope
Date: 2022-04-11   Author: Pankaj Singh

Cornerstone Building Brands Inc. has reportedly announced its plans to sell its business of coil coatings to BlueScope Steel Limited in an all-cash deal for USD 500 million. This ...

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UNNC launches V-ROOM lab to deliver interactive learning space
Date: 2022-04-08   Author: Saipriya Iyer

The UNNC (University of Nottingham Ningbo China) has officially launched its first interactive learning laboratory, ‘V-ROOM’. This lab has been designed to create a more engaging and interactive teaching en...

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Boeing-Microsoft partner to boost aerospace digital transformation
Date: 2022-04-07   Author: Saipriya Iyer

American aerospace manufacturer Boeing Company has recently announced the deepening of its strategic partnership with a technology corporation, Microsoft Corp. This expanded collaboration is geared towards accelerating...

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ReadySet secures $29 Mn to improve access to enterprise-level app data
Date: 2022-04-06   Author: Pankaj Singh

ReadySet, a provider of database infrastructure, has reportedly raised a Series A funding of USD 24 million initiated by Index Ventures and supported by Amplify Partners. With con...

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Inox-PVR plan to double combined pipeline of 2,000 screens in 7 years
Date: 2022-04-05   Author: Pankaj Singh

PVR and Inox Leisure, the leading multiplex operators who merged a month ago, have a consolidated pipeline of 2,000 screens and plans to double over the next seven years with a USD 530 million budget. ...

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Thousands of workers in the UK to participate in four-day week trial
Date: 2022-04-04   Author: Saipriya Iyer

Over 3,000 workers at about 60 companies across the United Kingdom will reportedly participate in a four-week working week trial. This pilot scheme is the biggest initiative to ta...

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Bain Capital acquires 25% stake in IIFL Wealth for USD 485.6 Mn
Date: 2022-04-01   Author: Pankaj Singh

Global private equity firm Bain Capital has reportedly announced the acquisition of a 24.98% stake in IIFL Wealth Management Limited for USD 485.6 million. Current investors Fairf...

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Axis Bank to acquire Citibank India’s consumer business for $2Bn
Date: 2022-03-31   Author: Pankaj Singh

Citibank, the consumer division of financial services firm Citigroup, is reportedly set to announce the sale of its consumer business in India to Axis Bank, a banking and financial services company. ...

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UK government plans to transform special educational needs system
Date: 2022-03-30   Author: Pankaj Singh

UK government has reportedly planned to remodel the Send (special educational needs and disabilities) system in a recently issued green paper. Mainstream schools in the country will now need to change their practice an...

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Sea announces to shut its Shopee business operations in India
Date: 2022-03-29   Author: Saipriya Iyer

Sea Limited, a Singapore-based global consumer internet company, has reportedly announced its intention to cease its e-commerce unit Shopee in India. This announcement comes along...

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PropertyGuru appoints new managing director for DSS business
Date: 2022-03-28   Author: Saipriya Iyer

PropertyGuru Group Ltd, a leading property tech firm in Southeast Asia, has reportedly appointed Shyn Yee Ho-Strangas as the Managing Director for the DSS (Data and Software Solutions) business. ...

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Yuga Labs raises USD 450 Mn, plans to unveil Bored Ape metaverse
Date: 2022-03-25   Author: Pankaj Singh

Yuga Labs, the creator of Bored Ape Yacht Club (BAYC), has reportedly secured USD 450 million. The company now plans to develop its metaverse dubbed Otherside. This funding was in...

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NatWest to be first UK high-street bank to unveil BNPL credit scheme
Date: 2022-03-24   Author: Pankaj Singh

NatWest has reportedly announced its intention to launch a new buy now pay later (BNPL) credit scheme this summer, becoming the first UK high-street bank to enter this sector. The...

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Sony Interactive announces acquisition of Haven Entertainment Studios
Date: 2022-03-23   Author: Pankaj Singh

Sony Interactive Entertainment LLC has reportedly announced its intention to acquire Montreal-based development studio Haven Entertainment Studios Inc. With a growing team of 60 e...

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Bridgestone acquires minority stake in Michigan-based May Mobility
Date: 2022-03-22   Author: Pankaj Singh

Leading tire manufacturer Bridgestone Corporation has reportedly acquired a minority stake in May Mobility, a Michigan-based autonomous shuttle firm. This marks Bridgestone’...

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Groww holding talks to secure $150 Mn at a $4-$5 Bn valuation
Date: 2022-03-21   Author: Pankaj Singh

Online investment platform Groww is reportedly holding talks to secure USD 150 million at a USD 4 billion-USD 5 billion valuation. According to credible sources, the company is di...

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PIMCO Foundation partners with two firms to create economic assent
Date: 2022-03-17   Author: Pankaj Singh

PIMCO has reportedly announced that the PIMCO Foundation is collaborating with two organizations to create economic empowerment at the juncture of gender and racial equality. The ...

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Reliance buys assets of Lithium Werks to boost clean energy innovation
Date: 2022-03-16   Author: Pankaj Singh

Reliance Industries, an India-based conglomerate company engaged in the exploration and production of natural gas and crude oil, has reportedly acquired assets of Lithium Werks, a battery maker. This latest acquisition...

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HEP & HollyFrontier announce new parent company, HF Sinclair
Date: 2022-03-15   Author: Pankaj Singh

Holly Energy Partners L.P. (HEP) and HollyFrontier Corporation have reportedly established a new parent holding company HF Sinclair Corporation. In addition, the companies have ex...

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Bosta launches business in Riyadh, eyes expansion in the Mideast
Date: 2022-03-14   Author: Pankaj Singh

Egypt-based logistics firm Bosta has reportedly launched its business in Saudi Arabia by opening its first office in Riyadh. The new office comes under Bosta’s plan of expanding its network across the Middle East...

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Makers Fund raises USD 500 Mn to boost interactive entertainment
Date: 2022-03-11   Author: Pankaj Singh

Makers Fund, the global interactive entertainment venture capital company, has reportedly raised a funding of USD 500 million to invest in founders who are innovating and evolving the ecosystem. ...

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Schlumberger expands INNOVATION FACTORI network with Houston center
Date: 2022-03-10   Author: Pankaj Singh

Schlumberger Limited has reportedly expanded its INNOVATION FACTORI network by unveiling a new center in Houston, Texas. INNOVATION FACTORI allows consumers to expedite the develo...

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Farmers in UK face crisis as Ukraine invasion disrupts supplies
Date: 2022-03-09   Author: Pankaj Singh

Farmers in the United Kingdom are reportedly facing a crisis in grain supply as Russia’s invasion of Ukraine will increase food prices and cause fertilizers and energy costs to hit all-time high levels. ...

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UK launches USD 26.2 Mn private sector partnership to educate girls
Date: 2022-03-08   Author: Pankaj Singh

UK Prime Minister Boris Johnson has reportedly unveiled a new business collaboration with private sector businesses worth USD 26.2 million (£20 million) to provide education to girls in developing countries. ...

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HCmed partners with Formosa Pharmaceuticals & Formosa Laboratories
Date: 2022-03-07   Author: Pankaj Singh

HCmed Innovations Co. Ltd has reportedly partnered with Formosa Pharmaceuticals Inc. and Formosa Laboratories Inc to form global contract development and manufacturing organization (CDMO). ...

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U.K.’s biggest grocers enter refillable grocery collaboration
Date: 2022-03-04   Author: Pankaj Singh

Ocado, Waitrose, Marks & Spencer, and Morrisons along with supply chain firm CHEP have reportedly joined a refillable grocery collaboration. Under the partnership, the grocers...

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Trainual unites with EO to address training and onboarding challenges
Date: 2022-03-03   Author: Pankaj Singh

Trainual, a knowledge transfer and training platform, and Entrepreneurs' Organization (EO), a nonprofit organization offering a high-quality support network, have entered a Global Strategic Partnership. As per the ...

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Exxon Mobil decides to exit Russia and suspends further investments
Date: 2022-03-02   Author: Pankaj Singh

Exxon Mobil Corporation has reportedly decided to exit operations in Russia, including oil production fields, becoming the latest energy company to end ties with Moscow following its invasion of Ukraine. ...

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Novavax’s Nuvaxovid approved for people aged 18 & above in New Zealand
Date: 2022-03-01   Author: Pankaj Singh

Nuvaxovid, Novavax’s COVID-19 vaccine, has reportedly been approved by New Zealand for vaccinating people aged 18 and over. The vaccine received provisional approval from Me...

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Biocon Biologics to acquire Viatris’ biosimilars business for $3.335 Bn
Date: 2022-02-28   Author: Pankaj Singh

Biocon Biologics has reportedly planned to acquire the biosimilars business of Viatris Inc for nearly USD 3.335 billion, which includes cash worth USD 2.335 billion along with preference shares. ...

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IBM plans to reinforce cyber resiliency using Security Command Center
Date: 2022-02-25   Author: Pankaj Singh

IBM Corporation has reportedly planned to make a multi-million-dollar investment to aid businesses to manage the rising cyber-attack threat to organizations across the Asia Pacific. ...

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Nissha & Immersion partner to integrate haptics into auto interfaces
Date: 2022-02-24   Author: Pankaj Singh

Nissha Co. Ltd, a worldwide supplier of decorative films, molded parts, and touch sensors, has reportedly announced a partnership with Immersion Corp., a leading licensor of haptic technology. ...

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Marks & Spencer forms in-store & online partnership with Clinique
Date: 2022-02-23   Author: Pankaj Singh

Marks & Spencer Beauty has reportedly announced a new in-store and online collaboration with Clinique, one of the biggest make-up and skincare brands in the world. The M&S...

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Addison Group opens new office in Cleveland to expand business
Date: 2022-02-22   Author: Pankaj Singh

Addison Group, a leading provider of talent and consulting solutions, has reportedly opened a new office in Cleveland, Ohio to expand its business in the region. The new office ex...

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Ashok Leyland plans EV facility & lines up $67.1 Mn for alt-fuel tech
Date: 2022-02-21   Author: Pankaj Singh

Ashok Leyland, the Hinduja Group flagship, has reportedly planned to establish a manufacturing plant in India to exclusively make electric vehicles. The company has also prepared ...

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OTA Insight expands business in LATAM with a new office in Brazil
Date: 2022-02-18   Author: Pankaj Singh

OTA Insight Ltd., a leading provider of cloud-based hospitality business intelligence, has reportedly expanded its business in Latin America with the inauguration of its office in Sao Paulo, Brazil. ...

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Check secures Series C round of USD 75 Million led by Stripe
Date: 2022-02-17   Author: Pankaj Singh

Check, a payroll infrastructure startup has reportedly announced a Series C funding round of USD 75 million initiated by payments platform Stripe and repeat investors Bedrock, Index, and Thrive. ...

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Aurora & U.S. Xpress team up to commercialize robotic trucking
Date: 2022-02-16   Author: Pankaj Singh

Aurora, a developer of autonomous technology, has reportedly partnered with U.S. Xpress, a freight carrier firm, to study the best methods to commercialize robotic trucking. This ...

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Taxfyle secures oversubscribed Series B round of USD 20 Million
Date: 2022-02-15   Author: Pankaj Singh

Taxfyle, the accounting workforce of the internet, has reportedly closed an oversubscribed Series B round of USD 20 million led by IDC Ventures and Fuel Venture Capital. As the Mi...

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Reliance Industries to repurpose facility for making blue hydrogen
Date: 2022-02-14   Author: Pankaj Singh

Reliance Industries Ltd. (RIL) has reportedly planned to remodel a USD 3.97 billion (Rs 30,000 crore) convertor plant of petroleum coke to synthetic gas for producing blue hydrogen for USD 1.2-1.5 per kg. ...

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BACARDÍ® Rum to curb greenhouse gas emissions by 50% starting 2023
Date: 2022-02-11   Author: Pankaj Singh

Bacardi, the world’s largest privately-owned spirits company, has reportedly announced that its premium rum brand will curb its GHG (greenhouse gas) emission by half from next year. ...

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Upflex & WeWork team up to set up global network of 5,500 locations
Date: 2022-02-10   Author: Pankaj Singh

Leading flexible space provider WeWork Inc. has reportedly announced an exclusive and strategic collaboration with Upflex, a global flexible workplace startup. The exclusive colla...

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WHO & Commonwealth ink MoU to reinforce partnership on public health
Date: 2022-02-09   Author: Pankaj Singh

The WHO (World Health Organization) and the Commonwealth Secretariat have reportedly signed an MoU (Memorandum of Understanding) to reinforce partnership on various public health issues. ...

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Merz expands collaboration with Vensica and invests USD 3 Million
Date: 2022-02-08   Author: Pankaj Singh

Merz Therapeutics, a leading company in neurotoxins and a part of the Merz Group, has reportedly reinforced its planned collaboration with Vensica Therapeutics, As part of the deal, the group is investing USD 3 million...

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Joby Aviation & SKT partner to launch air taxi service in South Korea
Date: 2022-02-07   Author: Pankaj Singh

Joby Aviation, a California-based electric vertical landing and takeoff startup, has reportedly partnered with SK Telecom (SKT) to launch an air taxi service in South Korea. The two companies signed the collaboration a...

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White House and EPA urge USPS to reconsider gas vehicle purchase plan
Date: 2022-02-04   Author: Pankaj Singh

The EPA (Environmental Protection Agency) and White House have recently urged the USPS (U.S. Postal Service) to reconsider the purchase plan of a new fleet of primarily gas-powered delivery vehicles. ...

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JetBlue-Salesforce unite to bring air travel into Net Zero future
Date: 2022-02-03   Author: Pankaj Singh

American low-cost airline JetBlue has recently entered a new partnership deal with Salesforce, a cloud-based software company. This agreement is geared towards leveraging travel technology and data to boost air travel&...

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Netflix expands gaming lineup with addition of two new titles
Date: 2022-02-02   Author: Pankaj Singh

Streaming giant Netflix Inc. has expanded its lineup of games with the launch of two new titles which are set to be released worldwide on February 2nd, 2022. The new ad...

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New York Times acquires popular game Wordle for seven-figure sum
Date: 2022-02-01   Author: Pankaj Singh

The New York Times has reportedly purchased the popular game Wordle for an unrevealed seven-figure sum. Created by Josh Wardle, a Reddit engineer, and unveiled in October, the game provides players with six guesses to ...

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PGGM & Charter Hall bid USD 901.45 million for Irongate Group
Date: 2022-01-31   Author: Pankaj Singh

Australia-based Irongate Group has reportedly received a takeover bid of USD 901.45 million (A$1.29 billion) by a collaboration managed by Charter Hall Group, a property investor. ...

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Paytm Money unveils Pops messenger to offer user-specific insights
Date: 2022-01-28   Author: Pankaj Singh

Paytm Money Limited, a fully-owned subsidiary of One97 Communications Ltd, has reportedly launched AI-based Pops messenger to offer user-specific insights on stocks, portfolios, and market analysis. ...

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Generali to raise stake & control both insurance JVs with Future Group
Date: 2022-01-27   Author: Pankaj Singh

Italian insurance giant Generali has reportedly struck a double deal with debt-ridden Future Group and has agreed to obtain a significant stake in both the insurance joint ventures between the two firms. ...

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Tube Investments to acquire Cellestial E-Mobility for USD 21.58 Mn
Date: 2022-01-25   Author: Pankaj Singh

Tube Investments of India Ltd (TII), a Muruguppa group firm, has reportedly planned to acquire a 70 percent stake in Cellestial E-Mobility Pvt Ltd in an all-cash deal for USD 21.58 million (Rs 161 crore). ...

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BioTalent launches new program for IEPs and newcomers in Canada
Date: 2022-01-24   Author: Pankaj Singh

BioTalent Canada, the go-to source for labor market intelligence, has recently launched the Skilled Newcomer Internships for the Bio-economy program. The new program was introduce...

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Terra Quantum secures Series A round of USD 60 Mn for QaaS platform
Date: 2022-01-21   Author: Pankaj Singh

Terra Quantum, a Zurich-based startup, has reportedly raised a Series A round of USD 60 million for building a Quantum-as-a-Service platform. This round was initiated by Lakestar,...

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Honda signs joint development agreement with Boston-based SES Holdings
Date: 2022-01-20   Author: Pankaj Singh

Honda Motor Company has reportedly inked a joint development agreement with SES Holdings, a Boston-based EV battery company, to develop batteries. This agreement with SES is part ...

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Ford inks five-year agreement with Stripe to scale E-comm capabilities
Date: 2022-01-19   Author: Pankaj Singh

Ford Motor Company has reportedly inked a five-year agreement with online payment processor Stripe to upscale the e-commerce abilities of the automaker. The collaboration with Stripe is part of the automaker’s la...

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DeHaat completes the acquisition of Maharashtra-based Helicrofter
Date: 2022-01-18   Author: Pankaj Singh

DeHaat, a tech-based platform providing end-to-end agricultural services to Indian farmers, has reportedly announced the acquisition of Helicrofter, a B2B agri-input marketplace startup. ...

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Megaport partners with KIO Networks to expand services in Mexico
Date: 2022-01-17   Author: Pankaj Singh

Megaport Limited, a leading NaaS (Network as a Service) provider, has reportedly announced plans to expand in Mexico through a partnership with KIO Networks, the largest data center provider in the country. ...

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Recykal raises funding of USD 22 Million from Morgan Stanley
Date: 2022-01-13   Author: Pankaj Singh

Recykal, a Hyderabad-based business-to-business platform for waste recycling and management marketplace, has reportedly secured funding of USD 22 million from Morgan Stanley India. ...

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LG Chem to develop world’s largest plant for cathode materials in Gumi
Date: 2022-01-12   Author: Pankaj Singh

LG Chem Ltd. plans to construct the largest plant in the world exclusively for cathode materials by collaborating with Gumi City as the company aims for the rapidly surging battery market. ...

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Beam & Pfizer enter 4-year agreement focused on in vivo base editing
Date: 2022-01-11   Author: Pankaj Singh

Pfizer Inc and Beam Therapeutics Inc. have reportedly announced an exclusive four-year research collaboration to advance new in vivo base editing programs for rare genetic disorders of the muscle, liver, and central ne...

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Medically Home announces strategic investment of USD 110 Million
Date: 2022-01-10   Author: Pankaj Singh

Medically Home Group Inc. has reportedly announced a strategic funding of USD 110 million from investors such as Baxter International Inc., Cardinal Health, and Global Medical Response (GMR). ...

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Shiprocket plans to acquire 75% stake in Delhi-based Wigzo Tech
Date: 2022-01-07   Author: Pankaj Singh

Shiprocket, a Zomato-backed logistics aggregator company, has reportedly planned to acquire a 75% stake in Wigzo Tech, an AI-driven marketing tech firm for USD 20-USD 25 million in an all-cash deal. ...

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Delhivery invests in Falcon Autotech to design automation solutions
Date: 2022-01-06   Author: Pankaj Singh

Indian logistics and e-Commerce supply chain company Delhivery has reportedly announced its investment in a logistics automation solutions provider, Falcon Autotech. This initiati...

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Volaris Group acquires Adapt IT to expand growth across Africa
Date: 2022-01-05   Author: Pankaj Singh

Vertical software powerhouse Volaris Group Inc. has reportedly acquired Adapt IT Holdings, a leading technology firm in South Africa. With this acquisition, Adapt IT offers a talented global team, an excellent track re...

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AT&T, Verizon to delay 5G deployment to avoid aviation standoff
Date: 2022-01-04   Author: Pankaj Singh

AT&T Inc and Verizon Communications have reportedly agreed to delay the deployment of the C-Band wireless spectrum by two weeks, avoiding an aviation safety standoff that threatened to disrupt flights. ...

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