KKR, a global investment firm, announced that investment funds managed by KKR have acquired Potter Global Technologies (Potter), a leading manufacturer of fire and life safety equipment, from Gryphon Investors. KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed. Headquartered in St. Louis, Missouri, Potter is […]
Category: Investment
Regional-dialect OTT platform Stage said that Neeraj Chopra, the Olympic and world champion in men’s javelin throw, has become one of its investors, according to ETtech report. “My investment in Stage represents more than just a desire to rekindle the flames of our diverse regional dialects. We will embark on a journey together to reawaken […]
FirstUp, which is Chhattisgarh’s largest coworking space with 250+ operational seats and an occupancy of 70% plus, has just raised its seed round of Rs. 2 crores at a valuation of Rs. 20 Crores from a bunch of angel investors from India Angel Fund. Karan was attending the CHESS Startup event at Rungta College Bhilai and took the initiative to approach Rahul […]
MobileDrive, a joint venture between Stellantis, one of the world’s leading automakers mobility providers, and Foxconn, the world’s largest electronics manufacturer and leading technological solutions provider, has opened a new research and development centre in Bengaluru, India. The new Bengaluru research and development centre is the third R&D centre MobileDrive has opened and is in a key location for […]
Former Indian cricket team captain Mahendra Singh Dhoni has invested in Bengaluru-based fitness startup Tagda Raho, according to ETtech report. The startup, however, did not disclose the size of the investment or the company’s valuation. Tagda Raho has training centres in Bangalore and is set to launch another in Maharashtra next month, it said in […]
Munch, a leading AI-powered automation platform for social media, announced their $7.2 million seed funding round. The round was led by A* Capital, supported by Liquid2 and Pre-Seed investors Cardumen Capital and Remagine Ventures. The investment will be focused toward company growth, increasing its reach into new global markets and expanding its offering to enterprises. Additionally, the funds will be allocated to further develop […]
Boehringer Ingelheim announced the acquisition of privately-held T3 Pharmaceuticals AG (“T3 Pharma”), a clinical stage Swiss biotech company, for an amount of up to 450 million CHF. T3 Pharma has developed a proprietary therapy platform that uses live bacteria to deliver immune-modulating proteins to cancer cells and tumor micro-environments, a statement said. Despite the significant […]
Indian-owned Hexaware Technologies, a global provider of IT and digital solutions, has marked the next phase of its UK expansion by opening a new Birmingham-based facility, with plans to create 250 jobs. The facility at 3, Brindleyplace was officially opened by West Midlands Mayor, Andy Street, who took part in a ribbon cutting and traditional […]
Beauty brand Conscious Chemist has raised an undisclosed amount from Inflection Point Ventures. Funds will primarily be directed towards expanding product categories, strengthening brand presence through marketing, and establishing offline retail locations/stores, as per the statement. Founded in 2019 by Robin Gupta and Prakher Mathur, Conscious Chemist is a science-backed beauty brand with a mission to […]
FGS Global announced that it has acquired Longview Communications and Public Affairs, bringing together two of the world’s leading communications and public affairs advisory firms. FGS will now be able to serve clients more extensively throughout North America, with a deeply experienced team across eight offices in the United States and three offices in Canada. […]
Baaz Bikes, a full-stack electric vehicle ecosystem for gig workers, said it has raised $8 million in a round of funding, led by Singapore-based Big Capital, according to ETtech report. The Series A round of funding saw participation from Rakuten Capital, Japan-based Rakuten Group’s venture capital arm, along with continued support from existing investors like […]
HCKK Ventures Limited, a multi-faceted software and services provider, has officially announced merger of Softlink Global Private Limited, a global leader in logistics technology solutions with HCKK subject to market regulators approval. This strategic move, with HCKK Ventures acquiring Softlink at an approximate valuation of Rs 430 crore, marks a significant step forward in the […]
Epigral Ltd, one of India’s leading integrated chemical manufacturers, launched its first research and development centre at Ahmedabad, Gujarat. This is a significant step for the company in enhancing its research capabilities and accelerating its journey towards building Specialty products, a statement said. Located at Changodar in Ahmedabad, the R&D centre is built over 14,374 […]
DreamFolks, India’s leading airport and travel services aggregator, has announced its entry into Malaysia. The company will provide its cutting-edge technology as a service to partners at three airports: Kuala Lumpur International Airport, Kota Kinabalu International Airport, and Kuching International Airport. Passengers can avail lounge access at these locations by simply tapping or swiping their […]
AIT Worldwide Logistics, a leading provider of global supply chain solutions, has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specializing in high-value, complex, and time-sensitive transport services. The purchase will serve as a significant milestone for AIT as the company continues to expand its global reach and […]