Amplicore Inc., an early-stage biopharmaceutical company currently developing locally delivered and minimally invasive therapeutic solutions for musculoskeletal diseases, has closed its Series Seed round of funding at $4 million. Investments were led by Photon Fund, with participation from Industrial Technology Investment Corporation, Berkeley Catalyst Fund, and SVE Capital. “We are very pleased to have accomplished…
TVS Motor Company has announced the appointment of Prof Sir Ralf Speth to its Board of Directors. He continues to serve on its board as vice chairman as also on the board of Tata Sons. Welcoming him, Mr. Venu Srinivasan, Chairman, TVS Motor Company, said, “It is a momentous occasion for TVS Motor Company to…
Infosys has named Chitra Nayak as independent director, with effect from March 25, 2021. “Chitra Nayak brings Silicon Valley experience and expertise, that will provide valuable insights as Infosys pivots its service offerings in consulting and digital solutions to help businesses in their strategic intent of digital transformation,” said Lead Independent Director and chairperson, Nomination and Remuneration…
Colliers has announced the appointment of Nilanjan Chakraborty and Deval Valia in its Capital Markets & Investment Services (CMIS) team in Bengaluru and Mumbai, respectively, with immediate effect. “We are delighted to have Deval Valia and Nilanjan Chakraborty join the CMIS team. Their appointments significantly enhance our capabilities and I am confident that their extensive market expertise will allow us to deliver capital,…
Körber and Libiao Robotics, global specialist for autonomous mobile robots specializing in sortation, have teamed up to deliver the newest robotics technologies to Europe, Asia-Pacific and Latin America. The core business of Libiao Robotics is focused on parcel sorting after order picking. It has developed a range of sorting robots, especially for tabletop sortation, and designed a variety of intelligent sorting…
The Popeyes® brand and Jubilant Foodworks Limited (“JFL”) has announced exciting new plans to develop and open hundreds of Popeyes® restaurants across India, Bangladesh, Nepal and Bhutan in the coming years. “We’re excited to introduce our iconic Louisiana-style chicken to a new population in the world that already celebrates and loves bold and delicious flavours,” said David Shear, President RBI International, parent company of Popeyes®. “At Popeyes®,…
Eleventh Dimension Solutions (EDS), is a boutique Salesforce & MuleSoft Consulting Company. Launched in May 2018 with headquarters in Houston, Texas, Eleventh Dimension Solutions is a B2B company having its presence in the US and Australia and now expanding in the Indian market. Their target is to reach 50 headcounts by the end of this…
Phinergy which develops metal-air technology that allows electricity to be generated from metals (aluminium and zinc) using oxygen from ambient air, has reported that the joint company under the ownership of Israeli company Phinergy and Indian energy major Indian Oil Corporation (IOC) have signed two Letters of Intent with Ashok Leyland and Maruti Suzuki India Limited, two Indian…
Neighbor, the self-storage marketplace, has announced it has closed a $53M Series B funding round led by the fund focused on global real estate and proptech, Fifth Wall with support from returning investor Andreessen Horowitz and additional funding from DoorDash CEO Tony Xu and StockX CEO Scott Cutler, who will join former Uber CEO Ryan…
OLX People has elevated Olive Sen as the head of product and marketing, with immediate effect. Prior to this, he was OLX People’s director for strategy & growth. In the current role, he will oversee the product, marketing & analytics teams of OLX People and the marketplace for blue-collar jobs – Waah Jobs. CEO of…
TikTok parent – ByteDance informed that Nuverse, its video games unit has agreed to acquire Mooton Technology, which is based in Shanghai. “Through cross-team collaboration and drawing on lessons and insights from its own rapid growth, Moonton provides the strategic support needed to accelerate Nuverse’s global gaming offerings,” a statement made by ByteDance said. ByteDance was…
Lattice, the leading people management platform for businesses with people-first cultures, has announced a new valuation of $1 billion after having raised a $60 million round, led by Tiger Global. Jack Altman, Lattice’s CEO and co-founder stated that Lattice decided to take on additional capital to continue the company’s rapid growth, advance its product offerings,…
Tylko, the Polish digital-first furniture company, has announced the close of a €22 million Series C round of funding led by Israel-based Pitango Ventures and Finnish Evli Growth Partners. Since its creation in 2015, Tylko claims to have served almost 60,000 satisfied customers. The €22m investment follows a strong year for Tylko, with its approach…
Logiq, Inc., a global provider of eCommerce and fintech solutions, has joined forces with Comviva, a global provider of digital financial solutions, to offer digital wallet and payment services across Indonesia. The services based on Logiq’s PayLogiq digital wallet will be powered by Comviva’s mobiquity® Pay platform. Logiq also recently partnered with Yabx, a fintech…
MyCarrier, an Arizona-based tech-enabled transportation management platform designed to revolutionize the shipment workflow process and provide shipping data transparency, has announced that it has closed an $8 million Series A round co-led by Greycroft and Lerer Hippeau, with participation from Andrew Leto, Founder and CEO of Emerge. MyCarrier’s platform streamlines the freight shipping process to offer customers direct access…