Wendy’s to offer free Honey Butter Chicken Biscuit to online customers
Date: 2020-03-03   Author: Saipriya Iyer

Wendy’s, an international fast-food chain, has recently introduced a new promotion, offering the Honey Butter Chicken Biscuit for free to customers who order online from its app. This promotion has been offered a...

Read More
New York brings new law into effect to ban single use plastic bags
Date: 2020-03-02   Author: Pankaj Singh

The New York law banning the single-use plastic bags took effect recently, moving the city closer to being eco-friendly. Despite the positive change, few customers complained about the new rules. However, the office of...

Read More
Superior Essex unveils revamped website to enhance customer experience
Date: 2020-02-28   Author: Saipriya Iyer

Superior Essex Communications, a manufacturer and supplier of communications cable, has recently announced the launch of its new, totally revamped website. According to Superior E...

Read More
UPS set to invest $216M for facility expansion at Memphis airport
Date: 2020-02-27   Author: Saipriya Iyer

United Parcel Service, a package delivery and supply chain management company, is reportedly set to make a $216 million investment for the expansion of its facilities at the Memphis International Airport. The expansion...

Read More
SMFPT to invest ₹ 55 Cr in new PU foams manufacturing plant at Khurdha
Date: 2020-02-26   Author: Saipriya Iyer

Shree Malani Foams Pvt. Ltd., a leading sleep solutions manufacturer in India, has recently announced plans to start the construction of a PU foam manufacturing facility in Odisha. The company has incorporated the best...

Read More
Expedia plans to lay off 12% workforce to simplify bloated business
Date: 2020-02-25   Author: Saipriya Iyer

Expedia Group, an online travel shopping company, has recently announced its plan to lay off 3,000 employees, i.e. 12% of its workforce, following the disappointing performance in 2019. Through the strategic lay off, t...

Read More
Etihad Credit Insurance partners with SFD to support non-oil exports
Date: 2020-02-24   Author: Saipriya Iyer

UAE’s federal export credit firm, Etihad Credit Insurance (ECI) has recently announced that it has inked a partnership deal with Saudi Fund for Development (SFD) for financing and offering credit insurance to saf...

Read More
Sprint & T-Mobile revise merger deal with an aim to close it by April
Date: 2020-02-22   Author: Saipriya Iyer

T-Mobile, a renowned wireless network operator, and Sprint Corporation, an American telecommunication company, together announced that they have reached a new conclusion for their megamerger deal. This should open ways for both companies...

Read More
Lyft returns with its shared e-bike rental program in New York City
Date: 2020-02-21   Author: Pankaj Singh

Lyft, Inc. has reportedly announced the launch of several electric bikes across New York City for rent. This move comes 10 months after Lyft pulled its electric bikes from the market after receiving numerous injury rep...

Read More
New York gives nod for the $26 billion T-Mobile and Sprint merger
Date: 2020-02-19   Author: Saipriya Iyer

Manhattan’s federal judge has given a green signal to both the firms, allowing them to move forward with this merger. After a yearlong battle against the T-...

Read More
Mota Ventures announced new JV with BevCanna Enterprises
Date: 2020-02-18   Author: Pankaj Singh

Mota Ventures Corp., a renowned Vancouver based cannabis and CBD products company, has reportedly announced that it has entered into a definitive JV agreement with BevCanna Enterprises Inc., an emerging leader in infused cannabis beverages, to dis...

Read More
Flipkart, Amazon voice concerns over India’s proposed e-commerce tax
Date: 2020-02-17   Author: Pankaj Singh

Flipkart, Amazon and other online retailers have demanded that India must roll back a proposed tax on all the third-party sellers on their respective platforms. The retailers stated that the burden of the agreement can...

Read More
TLC completes enrollment for Phase 2 TLC590 study before schedule
Date: 2020-02-14   Author: Saipriya Iyer

TLC recently announced that the patient enrollment in TLC590’s Part 2 of Phase II clinical trial has been completed earlier than it was originally scheduled, which is being performed at four sites across the Unit...

Read More
Deutsche Bank invites top U.S. companies to overhaul its outdated tech
Date: 2020-02-13   Author: Pankaj Singh

Investment banking firm, Deutsche Bank AG has recently announced that it will overhaul its fragmented and outdated technology networks by inviting companies like Google, Amazon, and Microsoft to place bids. Reportedly,...

Read More
nVent makes its second acquisition, buys small Illinois-based firm WBT
Date: 2020-02-12   Author: Pankaj Singh

The acquisition was made with an aim to expand the electrical fastening business nVent had previously acquired Spanish electrical enclosures firm...

Read More
DARPA nominates Aerojet Rocketdyne for developing propulsion systems
Date: 2020-02-11   Author: Pankaj Singh

Aerojet Rocketdyne, an American rocket and missile propulsion manufacturer, has recently bagged a contract worth $19.6 million from the Defense Advanced Research Projects Agency (DARPA). The contract demands Aerojet to...

Read More
Top Hat secures US$55 million from its Series D funding round
Date: 2020-02-05   Author: Saipriya Iyer

The company is planning to expand its higher ed learning platform by improving course materials and digital textbooks. Canadian software company, Top Hat has man...

Read More
Lam Research to expand footprint with new production plant in Malaysia
Date: 2020-02-04   Author: Pankaj Singh

American semiconductor company, Lam Research Corporation has reportedly chosen Penang-based Batu Kawan Industrial Park as its new location to set up a cutting-edge production facility. The company has selected this loc...

Read More
Jetex announces North Africa’s first VIP terminal launch at Marrakech
Date: 2020-02-04   Author: Saipriya Iyer

Jetex, a Dubai-based general aviation trip support company, has recently announced the inauguration of a new VIP terminal at Morocco’s Marrakech Menara Airport. This flagship Jetex VIP Terminal, the first of its ki...

Read More
KFC to sell Beyond Meat’s plant-based fried chicken in the U.S.
Date: 2020-01-31   Author: Saipriya Iyer

After years of experimentations, plant-based food products have finally managed to make a place in consumer’s diets. After the success of Burger King’s Impossible Whoppers, various food chains have now deci...

Read More
Sea Limited announces Garena’s acquisition of Phoenix Labs
Date: 2020-01-30   Author: Saipriya Iyer

Sea Ltd. announced that its digital entertainment divisions, Garena has acquired Phoenix Labs, developer of co-op action role-playing game (RPG) Dauntless video game. This is a major acquisition for Gare...

Read More
India renews attempt to invite bids for 100% Air India stake
Date: 2020-01-28   Author: Pankaj Singh

The Government of India has recently announced a plan to sell its entire stake of Air India Limited, renewing its attempt to put the state-owned airline on the block. This is the second attempt by the Indian Government...

Read More
Brazil and India ink 15 new deals to expand trade and defense ties
Date: 2020-01-27   Author: Saipriya Iyer

Brazil and India have reportedly inked 15 new agreements on 25th Jan 2020, when India’s Prime Minister, Narendra Modi met with Jair Bolsonaro, the President of Brazil. Through the new contracts, India ...

Read More
Helen of Troy announces the completion of its acquisition of Drybar
Date: 2020-01-25   Author: Saipriya Iyer

Helen of Troy Ltd., a renowned US-based developer, and marketer of beauty, health and home products, reportedly announced the completion of acquisition of California based haircare product retailer, Drybar. The company...

Read More
Airtel & Western Union launch real-time payments in India & Africa
Date: 2020-01-23   Author: Pankaj Singh

Bharti Airtel, a renowned telecommunications company operating across 18 countries in Africa and Asia, and Western Union, an American communications and financial services firm, reportedly announced a new milestone in ...

Read More
Gojek and TTD announce a new partnership for O2O measurement solution
Date: 2020-01-21   Author: Pankaj Singh

Gojek, a renowned Indonesian technology company, and The Trade Desk (TTD), a US-based software technology company, together announced an exclusive collaboration to offer unprecedented insight to advertisers in the impa...

Read More
Medical imaging firm Nanox raises $26M in a round led by Foxconn
Date: 2020-01-18   Author: Saipriya Iyer

Nanox Imaging, an Israeli medical imaging startup, reportedly announced that it raised $26 million in an investment round, which was led by its strategic investor Foxconn. The total valuation of the company has reached...

Read More
Fitbit adds blood oxygen level monitoring feature in some devices
Date: 2020-01-17   Author: Saipriya Iyer

Fitbit- a California based fitness wearables company has reportedly rolled out SpO2 sensors in its devices, enabling users to track their blood oxygen levels. In terms of percentage, between 95% to 100% of blood oxygen...

Read More
Modern Health closes $31 Mn funding led by John Doerr & Founders Fund
Date: 2020-01-16   Author: Pankaj Singh

Modern Health, a startup company based in San Francisco, offering a comprehensive mental health platform for corporate employees, has recently closed a $31 Mn Series B funding round. It was led by Founders Fund and Joh...

Read More
Focal Systems and Connors Group team-up to enhance retail operations
Date: 2020-01-13   Author: Saipriya Iyer

Focal Systems, a leading California based retail automation solutions provider, and Connors Group, a renowned management consultancy that specializes in workforce performance and productivity improvement, have reported...

Read More
Bardot to bring down the shutters on 58 shopping outlets in Australia
Date: 2020-01-10   Author: Saipriya Iyer

Bardot, a fashion retail brand, is planning to downsize some of its outlets in Australia. According to credible reports, the brand aims to shut down its 58 outlets over the next two months. Specifically, about 56 of th...

Read More
Krispy Kreme launches new mini doughnuts to its permanent menu
Date: 2020-01-08   Author: Saipriya Iyer

Krispy Kreme, a renowned American Doughnut company, has reportedly introduced mini doughnuts to its permanent menu. These are simply a miniature versions of the company’s four most popular doughnuts. The doughnut...

Read More
Netgear bets big on tech transition, rolls out new products at the CES
Date: 2020-01-07   Author: Pankaj Singh

Netgear, a US-based multinational networking hardware company, renowned for making products that capitalize on technology transitions, has brought forth a mesh networking technology seamlessly blended with Wi-Fi 6, at ...

Read More
Aiqudo signs a voice platform supply agreement with BYTON
Date: 2020-01-06   Author: Saipriya Iyer

Aiqudo, a US-based voice technology company, reportedly announced a new collaboration with BYTON, a renowned Chinese electric vehicle brand. Under this agreement, Aiqudo’s Voice AI platform would be used in BYTON...

Read More
Scandinavian Tobacco Group officially closes Royal Agio Cigars buyout
Date: 2020-01-04   Author: Pankaj Singh

Scandinavian Tobacco Group, a Denmark based manufacturer of cigars and traditional pipe tobacco, has reportedly announced that it has completed the acquisition of the Royal Agio Cigars group. Effective from January 2, ...

Read More
FY20 divestments of CONCOR, BPCL, and Air India remain doubtful
Date: 2020-01-03   Author: Pankaj Singh

The government of India may reportedly be unable to finalize the strategic divestment of Air India, Container Corporation of India (CONCOR) and Bharat Petroleum Corporation (BPCL) by the end of March. A government offi...

Read More
Allied Wallet China to unveil new technology for frictionless payments
Date: 2020-01-02   Author: Saipriya Iyer

Allied Wallet China, the Chinese division of payment processing giant Allied Wallet, and Andy Khawaja, Founder of Allied Wallet, reportedly announced that the company would introduce a new technology this year that wou...

Read More
American toymaker Hasbro acquires Entertainment One for $3.8 Billion
Date: 2019-12-31   Author: Pankaj Singh

Renowned toy company, Hasbro Inc. has recently made a huge splash in the entertainment industry by acquiring Entertainment One (eOne), a Canadian multinational entertainment company, for US$3.8 Billion. As per the deal...

Read More
ONGC pushes forward bidding deadline for its 64 fields till January 3
Date: 2019-12-30   Author: Saipriya Iyer

ONGC (Oil & Natural Gas corporation), an Indian multinational crude and gas corporation, has reportedly extended the deadline date until January 3 to accept bids from private players who are keen in operating its 6...

Read More
Aptito launches a self-order kiosk solution for online food delivery
Date: 2019-12-28   Author: Shikha Sinha

Net Element, Inc. announced that Aptito, its subsidiary has forayed in...

Read More
Zcoin Crowdfunding System unveiled to decentralize project funding
Date: 2019-12-27   Author: Pankaj Singh

Zcoin has reportedly introduced the Zcoin Crowdfunding System (ZCS) in a more to decentralize the project’s funding and decision making. The Zcoin crowdfunding system permits members from any community to propose...

Read More
Cox Communications found liable for $1 billion for piracy infringement
Date: 2019-12-26   Author: Saipriya Iyer

A U.S. District Court Jury rewarded some of the biggest names in the music industry a massive amount of $1 billion for the damages caused by Cox Communications, a renowned broadband communications and entertainment com...

Read More
Caltex reverts to Ampol after a contract termination with Chevron
Date: 2019-12-24   Author: Saipriya Iyer

Caltex, a renowned Australian petrol station brand working under Chevron, would now disappear from the region. The brand would be reverting back to its old retail name Ampol as its license agreement with Chevron was te...

Read More
NYC-based Weav Music secures $5 million in a Series A funding round
Date: 2019-12-23   Author: Pankaj Singh

Music plays an integral role in everyone’s life, be it for enhancing leisure times or to soothe someone’s mood or to just get through a long drive or flight. It often acts as a great entertainer and, in sev...

Read More
Chinese government targets tech firms in the app privacy crackdown
Date: 2019-12-21   Author: Saipriya Iyer

The Chinese government on Thursday ordered Chinese tech companies to clean up how they handle user data or be ready to face possible penalties. Chinese tech giant Tencent was also included in the list of companies bein...

Read More
VNDLY closes $35 Mn Series B funding round led by Insight Partners
Date: 2019-12-20   Author: Pankaj Singh

VNDLY, Inc. announced that it has raised $35 million in a Series B funding round, which was led by Insight Partners. Hyde Park Venture Partners, Battery Ventures, EPIC Ventures, the Cintrifuse Syndicate Fund,...

Read More
Sofregen Medical raises US$8 million in Series B funding round
Date: 2019-12-18   Author: Pankaj Singh

The funding will be used to support the commercialization and accessibility of Silk Voice™ Sofregen Medical, Inc., a biotech firm focused on developing adva...

Read More
Ikänik Farms finalizes an initial pesticide & microbiological trial
Date: 2019-12-17   Author: Pankaj Singh

In recent years, regulatory bodies have started to recognize the medicinal values of hemp. Numerous countries have legalized hemp production and commercialization for clinical applications. With growing demand, manufac...

Read More
VetPartners to acquire National Veterinary Care Ltd. for $168 million
Date: 2019-12-16   Author: Shikha Sinha

Australia-based National Veterinary Care Ltd. reportedly announced that it has signed an initial agreement with VetPartners for its acquisition. The deal has been valued at around A$248.4 million (closely $168.56 milli...

Read More
Nomura Holdings to acquire U.S. M&A firm Greentech in US$92m deal
Date: 2019-12-14   Author: Pankaj Singh

Nomura Holdings, a financial holding company in Japan, has recently announced that it will buy Greentech Capital Advisors, a mergers and acquisitions advisory company from the U.S. that specializes in renewable energy. This will be the company&rsq...

Read More
Perfect Day raises $140 Mn in a Series C funding round led by Temasek
Date: 2019-12-13   Author: Saipriya Iyer

Perfect Day, a US-based food technology startup that has innovated new processes of creating dairy products by using casein, reportedly announced that it raised $140 million in a Series C funding round. This investment...

Read More
Current Health raises $11.5 million in Series A funding round
Date: 2019-12-12   Author: Pankaj Singh

Current Health, a renowned New York based universal patient management platform, reportedly announced that it has closed a $11.5 million Series A funding round which was co-led by UK based MMC Ventures. ...

Read More
York Tactical Energy Fund and Bayswater team-up to form a new JV
Date: 2019-12-11   Author: Saipriya Iyer

Bayswater Resources, a renowned Colorado based oil and natural gas firm, and York Tactical Energy Fund, a private investment fund run by York Capital Management investment professionals, have reportedly signed a new ag...

Read More
FoodMaven raises $15.3 million from Series B funding round
Date: 2019-12-10   Author: Saipriya Iyer

U.S.-based food startup, FoodMaven Corp. has a unique business model that offers imperfect and oversupplied food to foodservice providers and restaurants. Recently, the company announced securing $15.3 million from its...

Read More
Bilfinger secures 3-year blanket agreement contract from TRANSCO
Date: 2019-12-10   Author: Saipriya Iyer

Bilfinger, a global provider of engineering and industrial services, announced that it has secured a multimillion-dollar maintenance contract from Abu Dhabi Transmission & Despatch Company, (TRANSCO). ...

Read More
Vertosa closes $6 million round of seed funding to scale strategically
Date: 2019-12-06   Author: Saipriya Iyer

Vertosa, a renowned California based cannabis as well as hemp infusion technology company, reportedly announced that it has closed a $6 million Series Seed Funding Round which was co-led by the New York based Welcan Ca...

Read More
Halliburton to cut 800 jobs in Oklahoma citing the U.S. shale slowdown
Date: 2019-12-05   Author: Saipriya Iyer

Halliburton, a renowned U.S. based oil field service company, has reportedly sent a notice to the Oklahoma Office of Workforce Development stating that it would be dismissing 800 employees due to slowdown in U.S shale ...

Read More
IFF declares expansion of Tastepoint Blueprint to serve mid-tier users
Date: 2019-12-04   Author: Pankaj Singh

International Flavors & Fragrances, a New York based global leader across the scent, taste and nutrition sectors, has reportedly announced to expand its ‘Tastepoint by IFF’ in various geographical locat...

Read More
Stratasys appoints TCL Hunt and TCL Hofmann as channel partners
Date: 2019-12-03   Author: Pankaj Singh

Stratasys AP, a subsidiary of Stratasys Ltd., recently announced that it has appointed TCL Hunt and TCL Hofmann as official channel partner to expand its footprint in New Zealand and Australia. Professional additi...

Read More
Telecom company Optus fined USD 6.4 million over misleading emails
Date: 2019-12-02   Author: Pankaj Singh

Apparently, the telecommunication giant had sent around 140,000 customers emails falsely warning that their broadband services would be discontinued very soon As ...

Read More
Codemasters buys Project CARS developer Slightly Mad Studios for $30M
Date: 2019-11-30   Author: Pankaj Singh

Codemasters, a leading video game developer based in the United Kingdom, has recently announced the acquisition of Project CARS developer Slightly Mad Studios for $30 million. Sources close to the matter claimed that f...

Read More
Bitstop join forces with Simon Malls to install Bitcoin ATMs
Date: 2019-11-29   Author: Saipriya Iyer

Cryptocurrency is increasingly spreading its reach to business verticals worldwide. With Bitcoin ATMs, users can now buy cryptocurrency directly using cash. In a bid to strengthen its position in the cryptocurrency mar...

Read More
HSBC to shift assets worth $20Bn to Digital Vault blockchain platform
Date: 2019-11-28   Author: Saipriya Iyer

HSBC, the renowned British multinational investment bank, is reportedly planning to migrate its assets worth approximately $20 billion to a new blockchain-based custody platform. the company aims to complete the shift ...

Read More
Decibel gathers $17 million from a Series B investment round
Date: 2019-11-27   Author: Saipriya Iyer

Decibel, a renowned UK based digital experience intelligence company, reportedly announced that it raised $17 million in a Series B investment round. Draper Esprit, one of the leading VC firms in Europe led the funding...

Read More
Mengniu Dairy acquires Lion Dairy & Drinks portfolio for $600Mn
Date: 2019-11-26   Author: Saipriya Iyer

In a move to expand its product offering, China Mengniu Dairy Company Ltd. has recently inked a deal with Australia’s renowned dairy firm Lion Dairy & Drinks to acquire brands like Dare iced coffee and Big M....

Read More
L’Oréal announces plans to acquire Indian beauty brands and startups
Date: 2019-11-25   Author: Pankaj Singh

L'Oréal S.A., a French cosmetic company, is reportedly planning to acquire startups and brands that are operating in the India’s beauty-tech space. According to L’Oréal’s Chairman, J...

Read More
Investment firm KKR confirms the sale of LGC to major consortium
Date: 2019-11-23   Author: Pankaj Singh

The leading global investment firm KKR reportedly announced having sold off a pioneer in the Life Science Tools sector, LGC to Cinven and Astorg. However, the financial terms of the deal have not yet been disclosed by ...

Read More
TPG Pace closes business combination deal with Accel Entertainment
Date: 2019-11-22   Author: Pankaj Singh

U.S. headquartered equity company, TPG Pace Holdings Corp. recently announced the completion of its earlier stated business arrangement with a leading gaming-as-a-service provider, Accel Entertainment, Inc.   ...

Read More
Fingerprint Cards launches new capacitive touch sensor for smartphones
Date: 2019-11-21   Author: Saipriya Iyer

Fingerprint Cards, a renowned Swedish biometrics manufacturer, reportedly announced the launch of its side-mounted capacitive touch sensor to be used for biometric authentication in mobile devices. The new FPC1540 sens...

Read More
Tata Steel to remove 3,000 employees from its Europe business
Date: 2019-11-20   Author: Pankaj Singh

Tata Steel, a renowned Indian steel manufacturing company reportedly announced that it plans to cut 3,000 jobs from its European business. The move comes as a part of the company’s plan to put an end to the reduc...

Read More
Radpay’s valuation reaches $10.2 million after seed funding round
Date: 2019-11-19   Author: Shikha Sinha

In a first, the company has secured funding from outside source   The two prominent investors included BlockLaunch and Resiliency Ventures  ...

Read More
WeWork to lay off at least 4000 employees to reach financial stability
Date: 2019-11-18   Author: Saipriya Iyer

WeWork, a renowned US-based commercial real estate firm, is reportedly planning to lay off more than 4,000 employees this month. Through this step, the company is looking to gain financial stability as it continues to ...

Read More
AeroGrow unveils the launch of its all new ‘Grow Anything’ Appliance
Date: 2019-11-16   Author: Pankaj Singh

The invention is said to augment the yields for distinguished plant species.   Grow Anything emerges out as world’s first on-b...

Read More
Freshworks raises $150Mn, to offer cloud & automation tools to customers
Date: 2019-11-15   Author: Pankaj Singh

Increasing adoption of technology has enabled businesses to generate tremendous growth in the past few years. Speculating its importance, investors across the world are pouring in funds to develop efficient software so...

Read More
Superior Graphite inaugurates new plant in Hopkinsville, Kentucky
Date: 2019-11-14   Author: Saipriya Iyer

In today’s globalized economic world, companies are increasingly looking at establishing new operations to strengthen business growth. This expansion helps offer lucrative market opportunities, new consumers and ...

Read More
SaaS startup Loop Returns raises $10 million in Series A investment
Date: 2019-11-13   Author: Pankaj Singh

With growing online shopping traffic, the number of brands selling their products has also increased over the past few years. With more people shopping online, more brands are expanding themselves economically. However...

Read More
Adidas plans to pull the plug on two major robotic factories
Date: 2019-11-12   Author: Pankaj Singh

In this era of automation and digitalization, keeping pace with the humongous deals and requirements has been stated to give the manufacturing companies a tough time. This leads to either the dissolution of the company...

Read More
ABC Technology declares having set up headquarters in Singapore
Date: 2019-11-11   Author: Pankaj Singh

Of late, various companies are trying to sustain their foothold in the market by extending their reach to several regions worldwide. Following a similar pattern, ABC Technology has decided to mark an international entr...

Read More
Banco Inter unveils a one-stop shop application for its clients
Date: 2019-11-08   Author: Saipriya Iyer

The Brazil-based firm has plans to lure more clients with the launch of a new application Banco Inter, a leading digital banking services provider in Brazil recen...

Read More
Fintech startup Digits closes $10.5 Mn Series A investment round
Date: 2019-11-07   Author: Saipriya Iyer

Digits, a US-based digital fintech startup, reportedly announced that it raised $10.5 million in a Series A investment round. The new investment round was led by Benchmark and it has also been backed by 72 angel invest...

Read More
Yas Holding acquires 2.5 percent stake in Iceland based Alvotech
Date: 2019-11-06   Author: Pankaj Singh

Alvotech, a renowned Icelandic biopharmaceutical firm involved in the development and manufacturing of biosimilars, reportedly announced that Yas Holding, an Abu Dhabi based investment firm, has purchased a 2.5 percent...

Read More
Capco and Candela to fuel digitalization of financial services in APAC
Date: 2019-11-05   Author: Pankaj Singh

Belgium-based multinational business and technology giant Capco recently announced to have signed a joint venture agreement with Bengaluru-based Candela Labs. Sources aware of the...

Read More
IFM buys US-based Buckeye Partners in a $15 billion acquisition deal
Date: 2019-11-04   Author: Saipriya Iyer

With the infrastructure pipeline in its home-base facing the threat of being stymied, primarily due to an increasing skills shortage and strong competition, many of Australia’s investors are looking overseas for ...

Read More
B8ta secures US$50m in Series C funding led by Evolution Ventures
Date: 2019-11-02   Author: Pankaj Singh

The California-based retail-as-a-service company B8ta has recently raised $50 million in Series C equity funding round. Evidently the round was led by Evolution Ventures along wit...

Read More
ScanSTAT buys DocFile Systems for expansion of its service offerings
Date: 2019-11-01   Author: Saipriya Iyer

ScanSTAT Technologies, a renowned US-based outsourced ROI (release of information) services provider, reportedly announced the acquisition of DocFile Systems, a US-based medical document filing, and order management co...

Read More
Facebook pays £500,000 fine to UK over its Cambridge Analytica scandal
Date: 2019-10-31   Author: Pankaj Singh

Facebook, the renowned US based tech giant, has reportedly agreed to pay over £500,000 (approx. $643,000) to the UK’s Information Commissioner’s Office over its part in the Cambridge Analytica scandal...

Read More
Duffel raises $30M in Series B round to unveil its new travel platform
Date: 2019-10-30   Author: Saipriya Iyer

The travel and tourism industry accounted for over 10 percent of total global economic activity in 2018. However, no improvements have been witnessed in the booking experience for customers in a while. Various travel b...

Read More
Juul plans layoff of over 500 jobs amid increasing regulatory scrutiny
Date: 2019-10-29   Author: Pankaj Singh

San Francisco-based e-cigarette manufacturer has reportedly planned to cut over 500 jobs by the end of 2019, according to a report, citing authentic sources with knowledge about the matter. ...

Read More
Uber collaborates with Delhi metro to allow ticket booking on its app
Date: 2019-10-25   Author: Pankaj Singh

Government transportation agencies have been witnessed to partner with private ride-sharing firms across the world, lately. These relationships have developed as government agencies look to grow ridership, polish their...

Read More
Bitcoin Suisse invest US $3Mn in trade intelligence firm CoinRouts
Date: 2019-10-24   Author: Pankaj Singh

Bitcoin is an open-source digital currency that operates by using peer-to-peer technology and does not require any approval from central authority or banks. Moreover, it offers some unique solutions that coul...

Read More
Voxel8 raises funds to boost adoption of its 3D printing technology
Date: 2019-10-23   Author: Saipriya Iyer

The 3D printing market, also known as additive manufacturing, is one of the fastest growing and revenue collecting markets across the globe. Global 3D printing firms are increasingly raising investments to further expa...

Read More
Abu Dhabi tech startup Bayzat raises US $16Mn in Series B funding
Date: 2019-10-22   Author: Pankaj Singh

The business world has been experiencing rapid changes driven by one major factor-Technology. As new-age technologies are all set to advance businesses, the need to upskill human resource is of paramount importance. Nu...

Read More
CTS presents Intelligent Transport Management Technologies at ITS 2019
Date: 2019-10-21   Author: Saipriya Iyer

The rapidly expanding global population is further leading to rapid urbanization, which has raised many critical issues, including road safety problems and increasing congestion on the road. The growing need for sustai...

Read More
Freshworks looks for a fresh funding round to aim at $3 Bn valuation
Date: 2019-10-19   Author: Saipriya Iyer

As per NASSCOM, India’s software as a service (SaaS) industry is slated to grow 36 percent annually and reach $3.3-$3.4 billion by 2022. Cheaper workforce, mature sales ecosystem, abundant talent and adoption of ...

Read More
CARFIT finishes seed funding round with PlugandPlay and CIC Capital
Date: 2019-10-18   Author: Pankaj Singh

Global predictive maintenance sector is predicted to witness an exponential growth over the coming years. Seeing the immense growth opportunity, several global venture capital firms are increasingly investing in predic...

Read More
Diamond uses Zuora® Central platform to launch digital media services
Date: 2019-10-17   Author: Pankaj Singh

Digital media has tremendously grown its presence in recent years. Looking at its potential, several media companies have decided to come out with their own digital media subscription services. One such initiative...

Read More
South Korean startup True Balance raises $23 Mn in Series C funding
Date: 2019-10-16   Author: Saipriya Iyer

While a growing number of firms are contesting for a place in digital payments market of India, away from the country’s metros and tier 2 cities, some payment startups are gradually progressing in the market by a...

Read More
UPS unveils new on-demand, mobile friendly self-storage service
Date: 2019-10-15   Author: Pankaj Singh

Self-storage service industry is witnessing an exponential growth lately and is expected to progress higher over the coming years due to the benefits it offers consumers. a number of transportation and courier service ...

Read More
CureDuchenne unveils biobank to enhance research in Duchenne therapy
Date: 2019-10-14   Author: Pankaj Singh

Duchenne muscular dystrophy (DMD) is a progressive disorder that involves loss of strength due to the alterations of dystrophin that helps keep muscle cells intact. It commonly affects young boys and has not ...

Read More
Energy startup RigUp raises $300 million in Series D investment round
Date: 2019-10-12   Author: Saipriya Iyer

Austin has been witnessing substantial investments in its technology market landscape since 2018. The city has witnessed a surged in its venture capital activities, in technology startups, since the start of 2019. Tech...

Read More