Hedonova expands its Carbon-Credit Ecosystem, focusing on projects in emerging Asian markets to pioneer carbon negativity and eco-conscious developments. Hedonova, a renowned Paris-based hedge fund specializing in alternative assets and a global leader in carbon credit trading, is marking a significant stride in its sustainable investment initiative. With over $4 billion transacted in carbon credits…
Onsurity, the subscription-led employee healthcare provider focused on small and medium enterprises (SMEs) and startups, said it has raised $24 million in Series B funds from International Finance Corporation (IFC) and existing investors Nexus Venture Partners, Quona Capital and White Board, according to ETtech report. The company will use the money to work with insurance…
Lottie, the free online marketplace that connects care seekers and retirees to UK care homes, home care services, and retirement living communities, announced that it has raised a $21M (£16.35M) Series A funding round led by Accel, with participation from previous investor General Catalyst. This brings the total amount raised by the company to $31M (£25M). Lottie will use…
Organica Water, a global leader in innovative and sustainable wastewater treatment solutions, has combined engineering, nature, and architecture to create botanical garden-like treatment facilities known as Water Resource Gardens. These facilities not only treat wastewater but also produce fresh water. India’s rapid urbanization has brought forth significant development challenges, and treating wastewater in a sustainable,…
Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, has acquired the India-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr that through a SaaS platform helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals. TrustCheckrs current offering has attracted interest from companies in…
Artificial intelligence (AI)-based messaging and user engagement platform Aampe said it has raised $7.5 million as part of fresh funding led by Matrix Partners India and Peak XV Partners (formerly Sequoia Capital India), according to ETtech report. The company said it will use the funds for product development and growth as it sets sight on…
Lineage, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers worldwide, announced the opening of its newest facility in Lancaster, Texas. The addition of the Lancaster location in Dallas County highlights Lineage’s footprint in Texas, which now totals nearly 20 facilities spanning approximately 192 million cubic feet of capacity. The 343,250-square-foot site…
Bolt.Earth, India’s leading EV infrastructure and software company, announced the successful completion of its funding round, securing a substantial $20 million in investment. The funding round was spearheaded by a consortium of both longstanding and new investors, featuring notable names including Union Square Ventures, Prime Venture Partners, ITIGO Funds, and several others who share Bolt.Earth’s…
Linksys, an iconic Home and Small Office connectivity company, announces plans to expand globally with a development location in Taipei, Taiwan, and a new Sales and Marketing location in Amstelveen, Netherlands. Linksys is reasserting itself in both the Residential Retail and Residential Service Provider markets, which has driven the need to expand beyond its Irvine,…
Leading global investment firm KKR announced it is expanding its operations in India with the opening of a new office in Gurugram. Ryan Stork, Chief Operating Officer of KKR, said, “Having a team in Gurugram will strengthen our operating model across the globe by expanding our reach and enabling us to tap into a fantastic talent pool.…
Epsilon Group, India’s premier battery materials manufacturer, announced it has signed an agreement to acquire Johnson Matthey’s lithium-ion phosphate (LFP) cathode active material technology centre in Moosburg, Germany. Financial details of the acquisition remain undisclosed. The state-of-the-art facility boasts best-in-class technical capabilities and a workforce with expertise in LFP chemistry, comprehensive product and process development…
DPDzero announced it has raised $3.25 million in a seed funding round led by Blume Ventures and IndiaQuotient, according to ETtech report. The round also saw participation from banking and fintech leaders such as Sunil Gulati and Nikhil Kumar, the company said in a statement. DPDzero plans to use the funds primarily to “enhance product…
Lineage Logistics, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, announced the acquisition of eight facilities from Burris Logistics (Burris), a leading temperature-controlled food distribution company. The addition of these eight cold storage facilities to Lineage’s warehousing network will provide nearly 1.3 million square feet of capacity and approximately 115,000 pallet…
PA Media Group extends global racing position with acquisition of Asian racing data specialist, iRace Media. Based in Singapore, iRace Media is a leader in the Asian market, working with B2B customers such as The Hong Kong Jockey Club, Singapore Pools, 4Racing and Tabcorp to promote their racing coverage in the region via a range of…
Eli Lilly and Company and POINT Biopharma Global, Inc. announced a definitive agreement for Lilly to acquire POINT, a radiopharmaceutical company with a pipeline of clinical and preclinical-stage radioligand therapies in development for the treatment of cancer. Radioligand therapy can enable the precise targeting of cancer by linking a radioisotope to a targeting molecule that delivers radiation directly…