Category: Investment

Innov8 co-working raises $4 million in pre-series A funding to double its seats to 8,000.

Innov8 Coworking, the Y-Combinator backed workspaces and community startup, on Thursday announced that the firm had raised USD 4 million funds to expand its business and double its seating capacity to 8,000 by March next year. Innov8 was started in 2015 by Ritesh Mallik. It currently has 13 coworking spaces in the National Capital Region…

TCL Corporation plans to invest Rs 2,000 crores at Tirupati unit.

TCL Corporation, a Chinese multinational electronics company headquartered in Huizhou, Guangdong Province, is planning to invest Rs 2,000 crore in its newly proposed manufacturing facility at Tirupati, Andhra Pradesh in the first phase, according to an ET post. TCL expects to start manufacturing from the first unit in India by October 2019. The unit will…

Qualcomm plans to set up largest campus outside the US in Hyderabad

Qualcomm Incorporated, the American multinational semiconductor and telecommunications equipment company has announced on Saturday that the company is planning to open its largest campus outside the US in Hyderabad. The Company’s officials Shashi Reddy, Vice President (Engineering) and Chandra Shekar Kumili, Director (Operations) met IT and Industries Minister KT Rama Rao on Saturday to discuss…

Reliance Industries invests $8 Million in California-based AI startup Netradyne.

Reliance Industries Ltd (RIL) has invested $8 million in California-based NetraDyne, an artificial intelligence startup that focuses on fleet management, automotive, security, and surveillance.This is the second time Reliance is investing in NetraDyne, Earlier this June RIL invested $16 million in the AI startup.Both of these investments were made via Reliance Industrial Investments and Holdings Ltd (RIIHL) a…

Ace Investor Ramesh Damani backs Kredent InfoEdge Pvt. Ltd., a Leading FinTech Startup based on Kolkata.

Ace Investor Mr. Ramesh Damani (third from right) Makes a Pre-Series A Investment in Kredent InfoEdge Pvt. Ltd., a Leading FinTech Startup From Kolkata Kredent InfoEdge Pvt. Ltd., a leading FinTech (Financial Technology) company from Kolkata, has announced that it has received Pre-Series A funding from renowned stock market investor Mr. Ramesh Damani and others.Ramesh Damani has been a member…