Fisker Inc has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in funding available, according to Reuters report. The EV company expects to use the proceeds to ramp up deliveries. Fisker earlier this month reiterated its plan to increase deliveries of its flagship Ocean sports…
Gradiant, a global solutions provider for advanced water and wastewater treatment, announced its acquisition of H+E Group (Hager+Elsässer), an established European water solutions provider with over 100 years of experience in providing end-to-end solutions to advanced manufacturing. This acquisition underscores Gradiant’s commitment to delivering leading-edge solutions for the semiconductor sector and represents the company’s first…
Accenture has acquired SIGNAL, an integrated marketing firm based in Tokyo, Japan. The acquisition further strengthens Accenture’s ability to support clients’ marketing transformation across owned, paid and earned media. SIGNAL, previously owned by VECTOR, the largest PR group in Japan, offers integrated marketing services combining capabilities across public relations, social media management, influencer marketing, advertising operations,…
KKR, a global investment firm, announced that KKR has completed the sale of over 5 million square-feet (SF) of industrial warehouse and distribution properties for a total aggregate value of over $560 million. The dispositions were completed through five discrete transactions with five separate buyers. The fifth and final sale closed on September 29th. The…
The Halifax Group (Halifax), a middle market private equity firm that partners with management to invest in market-leading companies, announced that it has agreed to acquire the Worldwide Home Care division of Sodexo, including their home care subsidiaries in the U.S., U.K., Ireland, France, Denmark, Norway, Sweden and Brazil. “We are thrilled to partner with…
Pahal Financial Services Pvt. Ltd. (Pahal), a leading Microfinance Institution dedicated to promoting financial inclusion, announced its collaboration with the U.S. International Development Finance Corporation (DFC), resulting in a substantial US$12 million investment aimed at advancing financial inclusion efforts in rural and semi-urban regions of India. Under the terms of the agreement, Pahal will access a…
Kaleyra, Inc. (Kaleyra), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited. The final results will be available on a Current…
Blattner Technologies, a global leader in Artificial Intelligence, has announced its acquisition of The Indoor Lab — a cutting-edge lidar analytics company with AI-powered, advanced perception software and end to end data analytics. Earlier this month The Indoor Lab announced a partnership with Tampa International Airport to create the “world’s first Living Lidar Lab partnership.” Now, the…
Luxury streetwear jewellery brand Drip Project on Friday said it has raised an undisclosed amount in a funding round led by Blume Ventures’ Blume Founders Fund, according to ETtech report. The round also saw participation by other investors, including StrongerHer Venture partner Ankita Vasista and Joules 2 Watt founder and CEO Priti Sawant. The startup…
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors. MidOcean Energy is currently…
CareerTech platform MentorKart, announced that it has raised $250K from Realtime (RTAF) and Tie Angel India. MentoKart solves a major challenge of corporate clients to source, screen, and skill/develop candidates for roles across functions. “MentorKart plans to utilize these funds to expand its customer base and extend its outreach to aspiring professionals in Tier 2/3 cities looking…
Azurity Pharmaceuticals, Inc. (Azurity) announced the closing of its acquisition of Slayback Pharma LLC (Slayback) from existing investors including KKR, a leading global investment firm, and Everstone Capital. Slayback is now a wholly-owned subsidiary of Azurity. The acquisition brings together companies with complementary strengths, enhancing Azurity’s ability to realize its purpose of Serving Overlooked Patients. The…
Consumer fintech startup Bright Money secured $62 million in funding in a mix of debt and equity. The equity portion, amounting to $12 million, was led by prominent investors such as Alpha Wave, Hummingbird, and PeakXV, according to moneycontrol report. Additionally, the fintech startup raised $50 million in debt, with Encina Lender Finance leading this…
Xsolla, a global video game commerce company, announces its strategic acquisition of AcceleratXR, a provider of in-game server backend technology designed for live service games and software. The AcceleratXR platform and network engine offer robust scalability, supporting experiences across multiple platforms and devices. It functions similarly to an operating system optimized for modern interactive digital…
Leading supply chain visibility provider FourKites announced that it has opened a new Asia-Pacific headquarters in Chennai’s DLF Cybercity. The move to a more modern, compact space signals the company’s continued commitment to the hybrid work model, providing a comfortable, flexible workspace for local employees to collaborate, and empowering them to transition easily between in-person and remote…