TCGLS is a global CRO and CDMO company with operations in Kolkata, Hyderabad, Richmond, VA, and Princeton, NJ; offering seamless and integrated R&D services to pharma, biotech, agriscience, animal health, specialty chemicals, and related industries. It employs more than 1,200 scientists and other technical personnel from the best talent pool around its strategic locations. Pune,…
Gurgaon and Bengaluru-based insurtech firm, Ensuredit has raised 4.2 million USD in Pre-Series Round A led by Cover Genius, the global insurtech for embedded insurance, with participation from other leading investors including 9Unicorns, NexStep Discovery Pte, CP Ventures, Venture Catalysts & IPV. Apart from the new investors, existing investors also participated in the current round. The company aims…
Stock trading platform MarketWolf has raised $10 million in its latest funding round led by Jungle Ventures and Dream Capital. Existing investors and others, including 9Unicorns, Iseed, Crescent and Riverwalk, also participated in the round, according to ETtech report. The startup plans to use the capital to build out its product suite and to hire…
Marico Limited announced it has acquired an additional stake of 4.14% in Apcos Naturals. Post acquisition, Marico will hold 56.52 per cent stake in the company. According to the company’s exchange filing, “We refer to our letter dated July 14, 2021 informing that Marico Limited (“Company”) has entered into definitive agreements to make a strategic…
Tata Steel Limited (Tata Steel) has announced that Tata Steel Long Products Limited (TSLP), a subsidiary of Tata Steel, has completed the acquisition of 93.71% in 1 million tons per annum Neelachal Ispat Nigam Limited (NINL) from MMTC Ltd., NMDC Ltd., MECON Ltd., Bharat Heavy Electricals Ltd., Industrial Promotion and Investment Corporation of Odisha Ltd.,…
Tata Power announced it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest approx. INR 3,000 crores for setting up a greenfield 4GW Solar Cell and 4GW Solar Module manufacturing plant in Tirunelveli District of Tamil Nadu. The MoU outlines the commitment made by both parties to stimulate clean energy…
EaseMyTrip, India’s online travel platform, has expanded its international footprint by incorporating a wholly-owned foreign subsidiary in New Zealand as part of its global expansion strategy. The company has forayed into New Zealand anticipating a huge pent-up global demand for the travel and tourism sector in the coming months. As a part of this new…
Fintech company Lendingkart announced it has raised debt funding of Rs 75 crore from GMO LLC and Triodos Investment, according to PTI report. The company will use the funds to originate MSME (micro, small and medium enterprises) loans across all states with credit decisions in a live environment using in-house built origination engine ‘xlr8’ and…
GoCardless, the leading fintech in account-to-account payments, has announced its intention to acquire the freemium open banking platform Nordigen, in line with its ambition to build the most major global banking payment network. GoCardless will integrate Nordigen’s next-generation open banking connectivity API – to date the largest in Europe with connection to more than 2,300…
WNS (Holdings) Limited (WNS), a provider of global Business Process Management (BPM) services, announced it has acquired Vuram, a global leader in enterprise automation services. Vuram helps companies accelerate digital transformation by aligning, automating, and optimizing processes using a combination of low-code software applications and intelligent automation platforms, the statement said. “WNS expects that the acquisition of Vuram…
BetterInvest, has raised a pre-seed round of USD 350K from Chennai-based angel investors, including Suresh Krishn, MD of Isha Homes and President of CREDAI, Tamil Nadu, as the lead investor. Few other notable names include Manoj Poosappan – JMD of Renaatus Projects Private Limited, and renowned Tamil actor, Kathir. With this, BetterInvest will be formally opening up…
Bharat Forge Limited, along with its subsidiary, BF Industrial Solutions Limited (together referred to as “Bharat Forge”) announced that it has successfully completed the previously announced acquisition of JS Autocast Foundry India Private Limited (JS Auto). The Enterprise Value of the transaction is Rs 489.63 Crores. This acquisition significantly enhances our capabilities and addressable market…
Manufacturing unicorn Zetwerk has acquired three companies for Rs 100 crore to strengthen its industrial vertical business in the oil and gas, aerospace, defense, and infrastructure component segments, the company said on Thursday, according to PTI report. The company acquired Pinaka Aerospace Solutions for aerospace and defense manufacturing capabilities, bagged a majority stake in SharpTanks…
NWORX – a B2B SaaS platform that provides embedded professional development for leadership announces its expansion to the US market. Under the expansion, the company targets to onboard 100 users from US enterprises on the platform in 100 days, accelerating the platform’s sales momentum, a statement said. The US is one of the largest markets…
Maveric Systems, a domain-led BankTech solution specialist inaugurated its new delivery center in Pune, Maharashtra. The firm intends to expand its Pune team to 500 by the next financial year. The launch of Pune delivery center adds to its global presence spanning 15 countries across 3 continents and propels the organization a step further in achieving its…