In earlier rounds Planday had landed investment of $ 14 million in Series B in March 2016, led by Indivest with participation from Creandum. The Series A funding of $ 3.75 Million was lead by Creandum.Planday, a workforce collaboration platform founded in 2013 by Anders Frederiksen, and Mikkel Lomholthas has closed its Round C fundraising…
Category: Investment
Warren Buffett to invest in One97 Communications Ltd.
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•Warren Buffett’s Berkshire Hathaway is set to invest in One97, the parent company of Paytm. It is reported that Berkshire Hathway may pick up 3-4 % of One97 Communications Ltd for Rs 2000 – 2500 cr. This is the first direct investment by the ‘Oracle of Omaha’ in India. Todd Combs, the investment manager from Berkshire…
Cognizant opens new US regional tech and service delivery center in Texas
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•Cognizant (Nasdaq: CTSH) has opened its newest U.S. regional technology and service delivery center in Irving, Texas. The opening follows a November 2017 announcement by Texas Governor Greg Abbott on the company’s plan to invest more than $8 million to expand in Irving and create 1,100 new jobs by 2023. With its U.S. operations headquarters in College Station, Texas, Cognizant is a global leader in business, digital and technology…
Investments by brewery firms in Bihar ..
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•Bihar is going to see increasing opportunities in brewery sector with Indian and foreign firms adding new production facility in the state over next few years. The state is possibly emerging as an attractive destination due to availability of cheap labour and raw materials and investment friendly government policies. Over the last few years the…