Growatt, one of the TOP 3 rooftop solar inverter brands in China, has become the NO.1 solar rooftop inverter supplier in India according to a report by BRIDGE TO INDIA. In the twelve-month period ending Sept. 2019, India added a record 1,853 MW rooftop solar capacity, which is 17% higher than the same period last…
The two-day conference on Agile Technology was organized by Xebia, a next-generation digital transformation and global IT company, along with Agile enthusiasts of the NCR region. The theme for this year’s conference was ‘Agility in Agile’. The conference brought together over 250 delegates from more than 75 technology companies including key International speakers, Industry practitioners,…
For the fourth consecutive year, Armstrong earned CII’s prestigious National Award for “Best Warehouse Automation Solution Provider”. This national award was bestowed upon Armstrong for surging ahead with its two decades of innovation leadership in intralogistics automation. Armstrong also was recognized by Economic Times as “The Promising Brand of 2019-20”. “We dedicate these awards to…
Shamit Bhartia, a Non-Executive Director of HT Media has tendered resignation from the Board of Directors of the Company with effect from December 30, 2019. Shamit Bhartia currently holds the position of Managing Director of Hindustan Media Ventures Ltd. He also holds Board Memberships of other companies. Shamit Bhartia holds a Bachelor’s degree from Dartmouth…
FarmERP, a leading Smart Agriculture Management ERP Software Platform, has raised an undisclosed amount in its Series A round from Singapore-based strategic investor Technogen. The company was founded by Sanjay Borkar and Santosh Shinde in 2006. The company will utilize these funds to build artificial intelligence (AI)-based climate resilience intelligence to help customers to mitigate…
LeverageEdu, an AI-enabled marketplace designed to help students with their higher education and career growth plans, has raised over $1.5 million funding led by its existing investors DSG Consumer Partners and Blume Ventures. Saama Capital founder Ash Lilani and PayU CEO Amrish Rau also participated in this funding round. The startup was founded by Akshay…
GoMechanic, a car care solution provider has raised ₹105 crores in Series-B funding led by Chiratae Ventures and Sequoia Capital with Orios Venture Partners also participating in the fundraiser. The company was founded by Amit Bhasin, Kushal Karwa, Nitin Rana and Rishabh Karwa in 2016. Earlier in January 2019, it had raised ₹35 crores in…
JMC Projects (India) Limited, one of the leading EPC Construction and Infrastructure companies, has announced the resignation of its Whole-time Director & Chief Financial Officer Manoj Tulsian with effect from January 14, 2020. In a BSE filing, the company said, “We write to inform you that Mr. Manoj Tulsian, Whole-time Director & Chief Financial Officer…
Lodha Group, which is known to be one of India’s largest property developers, is looking to raise about $210 million by selling bonds to meet its debt repayment obligations due early next year, as per media reports. The group, which has renamed itself as Macrotech Developers Ltd, has been reaching out to overseas investors, including…
The Egyptian Competition Authority (ECA) said on Sunday it had approved ride-hailing group Uber’s acquisition of former regional rival Careem after the regulator agreed to a set of commitments proposed by the U.S.-based service. Uber bought Careem for $3.1 billion in March in a deal expected to close in January 2020. Careem will become a…
ASA International India Microfinance Ltd (ASAI-India) raises €10 million in debt capital from Invest In Visions, a Germany-based impact investor, as per Vccircle report. The overseas borrowing deal marks the first foreign currency transaction for the Kolkata-based microlender, according to a press statement. Vivriti Capital, a customised debt marketplace for institutional clients, was the external…
Tadashi Yanai, founder and chief executive officer (CEO) of Uniqlo’s parent Fast Retailing will resign as independent board member in December end after 18 years to focus on his fashion business. Yanai is one of only three external members of a board filled with SoftBank executives and heads of its portfolio companies. The resignation comes…
Dalmia Bharat Sugar and Industries Limited, one of the fastest growing success stories in India’s sugar industry and one of India’s leading sugar manufacturers completes 25 years of business operations in the country. Since inception, the company’s growth is driven by passion to excel and contribute to societal development. As a part of their growth…
Spark Minda with their special program “Saksham – Empowerment of Persons with Disability Camp” under the CSR arm of the Group – Spark Minda Foundation, has organized a 7 day Empowerment of Persons with Disability Camp at Chimbali Phata, Pune from 20th – 26th December, 2019. The Group is striving to bring change, however big…
Hitachi, Ltd. and JR Automation Technologies, LLC (CEO: Bryan Jones, “JR Automation”) announced that Hitachi has completed the acquisition of the robotic SI business mainly operated by JR Automation from funds managed by Crestview Partners (“Crestview”). The agreement to acquire JR Automation was announced on April 23, 2019 (EST) and the companies are pleased to…