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Ashok Leyland, flagship of the Hinduja Group, announced that its subsidiary Optare PLC has been recognised at EVIEs Awards. Optare’s MetroDecker EV has won OEM of the Year (Bus/Commercial Vehicle) at the 2020 EVIEs Awards. The Electric Vehicle Innovation & Excellence (EVIE) Awards are designed to shine a light on innovation and excellence in the…
PAS Global, the OT Integrity company that delivers software solutions that prevent, detect, & remediate cyber threats, announced that it has agreed to be acquired by Hexagon AB (Hexagon), a global leader in sensor, software, and autonomous solutions. With the combination of PAS and Hexagon, customers will benefit from a comprehensive software portfolio to manage…
Adani Gas Ltd has signed a definitive agreement for acquisition of 3 Geographical Areas namely Ludhiana, Jalandhar and Kutch (East). All 3 GAs have high volumes potential in terms of demand of over 6.5 MMSCMD over a period of 10 years. These GA’s are under Phase 1 of Bharat Mala Pariyojana by NHAI which will…
Shashank Joshi, a renowned entrepreneur in India, and BlocPal International have announced their partnership to form a new India based fintech company, mBnk. The company will initially focus on enabling premium retailer locations in rural and semi-urban areas across the country to provide essential financial and banking services to their communities. Of a total population…
Bhilosa Industries, a leading manufacturer of polyester yarn based out of Mumbai has announced the appointment of Chandrashekhar Mukherjee as Senior President – Human Resources, according to ET report. He will report to Sandeep Jain, CEO of Bhilosa Industries. Prior to this role, Mukherjee served as Chief Human Resources Officer at Magic Bus India Foundation.…
Charge+Zone, an electric vehicle (EV) charging startup has raised $3 million in a pre-Series A funding round led by Venture Catalysts, according to VCCircle report. Other investors that participated in the funding round include Mumbai Angels Network, Keiretsu Forum, and the Ramakrishnan Family Office. Founded in 2018 by Kartikey Hariyani and Pavan Bakeri, Charge+Zone claims…
Eggoz, a Bihar-based agritech startup that produces fresh and chemical-free eggs, announced it has raised $1.5 million in a pre-Series A funding round from Avaana Capital and Rebright Partners. The startup will use the current financing to expand into newer markets, launch new products and strengthen its tech platform. Founded in 2017 by Abhishek Negi,…
Logistics solutions startup Bizlog announced it has raised Rs 12 crore in a pre-series-A round led by IAN fund. Founder of Adishwar, Paras Jain, also participated in the funding round. The company plans to use the current funding to develop technology, create a roadmap to onboard new verticals and expand the business pan India over…
TVS Motor Company, a manufacturer of two-wheelers and three wheelers in the world, announced its association with Pilipinas Shell Petroleum Corporation. The association will be through the company’s Philippines distributor, Global Automobile Traders FZCO. As a part of this tie-up, all TVS Motor customers in Philippines will receive Php 700 worth of Shell cards which…
CyGlass, a SaaS AI-driven network threat detection solution, and Redington, India’s pre-eminent technology distributor, announced that they have formed a strategic partnership in response to India’s growing demand for cyber security services. As part of the partnership, CyGlass Network Defense as a Service (NDaaS) will give SMB, mid-market and enterprise customers in India cloud-based protection…
Maire Tecnimont S.p.A. announced that NextChem, the Group’s subsidiary dedicated to green chemistry and technologies for the energy transition, and Indian Oil Corporation Ltd. (IndianOil) have signed a Memorandum of Understanding for the development of industrial projects using NextChem technologies to industrialize circular economy in India. The projects will be focused on plastics recycling, producing…
ACG, a leading supplier of integrated pharmaceutical manufacturing solutions announced acquisition of a significant stake in Mumbai-based start-up IQGEN-X. The funds so infused by ACG will be utilized for setting up a cGMP facility and also the development & filing of new ANDAs. The move sees ACG expanding further into the R&D side of drug…
Bharti Airtel said that its subsidiary Nxtra Data Limited has signed a Memorandum of Understanding with the Maharashtra Industrial Development Corporation for setting up two new data centre campuses in the state. The new facilities will come up at Mumbai and Pune respectively. Nxtra by Airtel offers secure data centre services to leading Indian and…
Infosys, a global leader in next-generation digital services and consulting, announced that its flagship global internship program, InStep, was ranked number one in the ‘Best Overall Internship Program’ category in the 2021 Vault Internship Rankings published by Vault.com—a career intelligence organization. Infosys is the only global organization to have received this ranking three times in…
Fedo, a Bengaluru-based insurtech platform that predicts the health risk profile of individuals from a photo and 5 simple questions, announced that it has raised $1 million in pre-Series A funding round led by Unicorn India Ventures, according to ET report. A clutch of investors including former Max Bupa managing director & CEO Ashish Mehrotra…