Mitra Biotech, a Bengaluru-based oncology solutions firm has reportedly secured funds amounting to $40 million (about Rs 270 crore) in a Series-C funding round. The following round was led by Northpond Ventures based in Maryland. The existing investors that participated in the funding round were Accel Partners, Sequoia Capital, Sands Capital Ventures, RA Capital Management […]
India’s largest private sector bank HDFC becomes the first Indian bank which offer mutual fund transactions through Facebook Messenger. HDFC securities, a subsidiary of HDFC Bank launch a theme called “The Pace of Innovation” which is structured to innovate and provide intuitive and relevant digital solutions to customers and this effort, is in line with the […]
This week we witnessed a good number of funding activities. A few companies raised a considerable amount of funding from various investors and thus, we have come up with a summary of all the fundings that took place this week i.e. from 25th June 2018 to 30th June 2018. 1) PolicyBazaar.com ETechAces and […]
While the automotive industry is gearing up for next Electric Vehicle boom in the world, luxury vehicle brand of Indian Tata Motors, Jaguar has finally unveiled its first production electric vehicle-the I-Pace. It is interesting to note that Jaguar had first showcased the iPace concept in 2016 and now in 2018, the production-spec version of […]
Wow Express, a Mumbai based E-commerce platform has raised $4.5 Mn in a Series A round of funding from existing investor Tamarind Family Private Trust of the Mansukhani family, the owner of the consumer durable brand Onida. The latest Series A round also included previously issued compulsorily convertible debentures, which converted along with this round. […]
The Indian multinational IT company Tata Consultancy Services (TCS) announced on Monday that it has set up a new delivery centre in Suresnes, France that can accommodate up to 230 employees. Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to the global business. It is a subsidiary […]
India’s technology industry is bracing itself for the next era of e-commerce warfare, especially after the mega Walmart-Flipkart deal has come into play. While the acquisition has returned a lot of liquidity in the ecosystem, it has also sparked off a maiden opportunity for new entrepreneurs and investors, adding to the wait for the $100 […]
The FIFA World Cup 2018 that started June 14 and we have already witnessed some exciting football matches. The FIFA World Cup is one of the biggest sports events for the football fans all over the world and this time the tournament is taking place In Russia which involves many matches taking place over a […]
China’s biggest online payment platform Ant Financial Services Group which operates the Alipay mobile payment service, in its recent funding, has raised a huge amount of around $14 billion, with the aim to expand its platform across the globe and bring in latest technologies. Ant Financial which is controlled by Jack Ma is an Alibaba […]
The social media giant Facebook is up for finalizing its new head for the operations in India, and it is basically looking for Top media and FMCG executives. The interviews regarding the same are being taken up by the company’s vice-president for global marketing solutions David Fischer who is in the country for this purpose. A […]
Travellers should get ready as now robots may soon greet them at airports. The very first Artificial Intelligence-based Indian robot called “RADA” stationed at Tata Sons-Singapore Airlines JV airline Vistara will be deployed to address customer queries while entertaining them at the Delhi airport terminal 3 lounge from July 5. Touted as the maiden AI based first […]
Zodius capital, a tech-oriented investment firm has elevated its stake in Zivame, which is a lingerie retailer by purchasing shares of the early backers of the lingerie startup named Kalaari Capital and IDG Ventures that invested in Zivame in early 2012. According to the reports, the funding agency now controls almost 45% in Zivame. It […]