EZOPS, a data control and automation software firm, announces the opening of its new office location in Chennai, Tamil Nadu, India. Chennai is EZOPS’ second India location. With the addition of this new office, the global Fintech’s presence, with its headquarters in New York, now spans the globe with presence in San Francisco, California; New…
TVS Motor Company, one of the leading manufacturers of two-wheelers and three-wheelers globally, announced investment in Narain Karthikeyan’s start-up “DriveX” (NKars Mobility Millennial Solutions Private Limited), a pre-owned two-wheeler platform. TVS Motor sees a strong potential in the pre-owned two-wheeler market, which is witnessing a structural shift from the unorganized to the organized sector. The…
Device management startup Servify has raised $65 million in funding as a part of its pre-initial public offering (IPO) round, led by Singularity Growth Opportunity Fund, according to ET report. Servify provides white-label warranty and after-sales support products to smartphone original equipment manufacturers (OEMs). It entered the appliance after-sales servicing space with the acquisition of…
AI-powered SEO and content marketing platform Scalenut is prevailing through its AI-generated organic content for SMBs and mid-market businesses with 100,000 users signed up in just a few months since going live this year. As it scales the platform and expands into new geographies, Scalenut is today announcing a $3.1M seed plus funding round led by Saama…
eBay Inc., a global commerce leader that connects millions of sellers and buyers around the world, and the myFitment group of companies (myFitment), a leader in delivering the tools and support to help online automotive and powersports parts and accessories sellers thrive, announced that eBay has acquired myFitment. myFitment’s technology and platform provides powerful, easy-to-use,…
AMG Media Networks Limited, a wholly owned subsidiary of Adani Enterprises Limited, announced the acquisition of 100 per cent equity stake in Vishvapradhan Commercial Private Limited (VCPL). According to the company’s exchange filing, “We hereby inform you that AMNL, a wholly owned subsidiary of the Company, has acquired 100% equity stake in VCPL, in accordance…
Winuall, a social commerce platform that now allows educators to share a wide range of curated courses to their students has raised INR 17 crore from Dream Incubator, Inflection Point Ventures, existing investors – Prime Venture Partners, BEENEXT and other strategic investors. The startup will use the fresh capital to enhance product and tech capabilities, hire across leadership roles…
Fictiv, the operating system for custom manufacturing, recently announced the opening of its new office in Pune, India, which will serve to complement its U.S. headquarters as an additional engineering center and provide an anchor for further investment in Fictiv’s India manufacturing partner network. These investments will propel accelerated advancements for its digital manufacturing platform…
SiteMinder, an open hotel commerce platform, has announced it will acquire industry acclaimed hotel guest engagement suite GuestJoy, a cloud-based app that allows hoteliers to automate personalised, direct, contactless guest communications before, during and after their stay. The acquisition, to be completed this year, follows the launch of SiteMinder’s next generation platform in April –…
CBAK Energy Technology, Inc. (CBAK Energy), a leading lithium-ion battery manufacturer and electric energy solution provider in China, announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. (“Nanjing CBAK”), has entered into a strategic partnership agreement with Welson Power, a China-based new energy company with a global network in over 20 countries. According to the agreement,…
Samsung Electronics broke ground for a new semiconductor research and development complex in Giheung, Korea, aiming to extend its leadership in state-of-the-art semiconductor technology. Samsung Electronics plans to invest about KRW 20 trillion by 2028 for the complex in an area covering about 109,000 square meters within its Giheung campus. The new facility will lead…
Edtech startup Sunstone, which focuses on higher education, announced it has raised USD 35 million, about Rs 280 crore, in a funding round led by WestBridge Capital, according to PTI report. The funding round also saw participation from Alteria Capital. Founded by Ashish Munjal and Piyush Nangru in 2019, Sunstone had raised USD 28 million in…
Adani Power Limited announced the acquisition of DB Power Limited. According to the company’s exchange filing, “This is to inform that Adani Power Limited (the “Company”) has agreed to acquire DB Power Limited (DB Power), which owns and operates a running 2×600 MW thermal power plant at District Janjgir Champa in Chhattisgarh.” “The acquisition will…
Fintech startup Jar announced it has raised $22.6 million in Series B funding round led by existing investor Tiger Global. Post funding, the startup is valued at $300 million. Existing investors Arkam Ventures, Eximius Ventures, Force Ventures, LetsVenture, Rocketship Venture Capital and WEH Ventures also participated in the funding round. A new set of funds…
Copperpod Digital Inc., the parent company of Metamaxx.io, announced that it raised USD 10 million in funding. The investment comes in cash and with business support from KFC Ventures, Nityo Group’s corporate venture arm, which invests in global early-stage and growth-stage B2B start-ups. KFC Ventures has invested in Copperpod Digital to help grow its operations…