Planday, a workforce collaboration platform founded in 2013 by Anders Frederiksen, and Mikkel Lomholthas has closed its Round C fundraising of $40 million. The lead investor for this round is Nordic financial services group, SEB Private Equity, with additional investment from some earlier investors. Planday already has seen investments from Nordic VC Creandum, Idinvest and […]
Category: Investment
Warren Buffett’s Berkshire Hathaway is set to invest in One97, the parent company of Paytm. It is reported that Berkshire Hathway may pick up 3-4 % of One97 Communications Ltd for Rs 2000 – 2500 cr. This is the first direct investment by the ‘Oracle of Omaha’ in India. Todd Combs, the investment manager from Berkshire […]
Cognizant (Nasdaq: CTSH) has opened its newest U.S. regional technology and service delivery center in Irving, Texas. The opening follows a November 2017 announcement by Texas Governor Greg Abbott on the company’s plan to invest more than $8 million to expand in Irving and create 1,100 new jobs by 2023. With its U.S. operations headquarters in College Station, Texas, Cognizant is a global leader in business, digital and technology […]
Bihar is going to see increasing opportunities in brewery sector with Indian and foreign firms adding new production facility in the state over next few years. The state is possibly emerging as an attractive destination due to availability of cheap labour and raw materials and investment friendly government policies. Over the last few years the […]