Tech company specializing in payments for rising markets EBANX announced the expansion of its operations to India, adding a new region to its portfolio that already reaches 18 countries in Latin America and Africa. With its technological and financial solutions, EBANX will enable global merchants to offer their Indian customers the most used local payment methods, starting with the local real-time…
Mojave Energy Systems announces its $12.5 million seed round of funding that will be used to launch its third-generation liquid desiccant air conditioning platform. The novel Mojave product line cuts in half the energy required to provide buildings with fresh, cool, and dry outdoor air, while using 20% less refrigerant than existing systems on the market. The round is…
Aramco, one of the world’s leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax) from Southern Cross Group, a Latin America-focused private equity company. The transaction is subject to certain customary conditions, including regulatory approvals. Esmax is a leading diversified downstream fuels and lubricants retailer in Chile.…
Ontario Teachers’ Pension Plan (Ontario Teachers’) and KKR, a global investment firm announced the signing of a definitive agreement under which Ontario Teachers’ will acquire KKR and other shareholders’ stakes in GreenCollar, a leading Australian environmental markets platform. Financial terms of the transaction were not disclosed. Ontario Teachers’ first became an investor in GreenCollar in March…
Stem, a global leader in artificial intelligence (AI)-driven clean energy software and services, announced a new state-of-the-art office in Cyber Hub, Gurgaon, India. As the company’s global Center of Excellence, Stem is investing in the region to help it support customers around the world, while driving operational excellence in critical areas such as software development,…
Singtel, Asia’s leading communications technology group, and leading global investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data centre business. This investment puts the enterprise value of Singtel’s overall regional data centre business at S$5.5 billion. KKR will…
Founded by Samir N. Kapadia, The India Index LLC (India Index) successfully raised $500K in their seed funding round, led by a group of private investors from the United States and India. Key investors including Parth Jindal (JSW Group), Vaaman Sehgal (Motherson Group), Robert Lansing (Westminster Capital) and other private investors participated in the pre-seed round. India Index is a cloud-based B2B…
CRISIL, an S&P Global company, has entered into a definitive agreement to acquire Bridge To India Energy Private Limited (Bridge To India), a leading renewable energy consulting and knowledge services provider to financial and corporate clients globally. Bridge To India provides its clients 360-degree insights into the renewable energy market founded on deep domain expertise and…
Pixis, a leading codeless AI infrastructure company focused on enabling brands to enhance performance marketing, has raised $85 million in its series C1 funding round. The round was led by Touring Capital and brings the company’s capital raised to $209 million. The new and existing investors who participated in the funding round include Grupo Carso, General Atlantic, Celesta Capital…
Inspire Brands executives, including Co-Founder and CEO Paul Brown, attended the official grand opening of Inspire’s Hyderabad Innovation Center (HIC). The Hyderabad Innovation Center is the sixth in a network of global support centers that power Inspire’s 32,000 global restaurants. Brown said, “I am thrilled to be in Hyderabad to celebrate the official grand opening of Inspire’s Hyderabad Innovation Center.…
TaskUs, Inc, a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, announced the launch of two new sites in India: Mystiqa in Gurugram, and Dreamland in Navi Mumbai. The new sites add significant capacity for TaskUs in India. The company launched its first site in the region…
Sagard, a global multi-strategy alternative asset management firm with more than US$14.5B under management, announced the opening of its first Middle East office in Abu Dhabi, to be led by Firas Mallah, Managing Director and Head of the Middle East. The new office will be located in the heart of Abu Dhabi Global Market and is the latest step in the company’s…
Sempra Infrastructure, a subsidiary of Sempra, announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR. The transaction, which closed in accordance with the terms previously disclosed, results in Sempra Infrastructure retaining a controlling 28% indirect interest in Phase 1 at the project level, and…
As part of the company’s continued global expansion, PF Chang’s announced a new location in Bangalore, with plans to open more locations in Mumbai and other cities in India, bringing the world-renowned Asian-inspired dining experience for the first time. “We are excited to have India as the next country in our network of international locations,” said…
BMW Group, Ford Motor Company and American Honda Motor Co., Inc. announced that they have entered into an agreement to create ChargeScape, LLC, a new equally-owned company that will create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers. Benefiting both EV customers and the electric utility industry in the U.S.…