TheMathCompany, an Illinois-headquartered leading global data analytics and engineering firm has expanded its operations in Chennai. The company’s new office in the city is designed to meet the requirements of a futuristic and modern workplace, and was inaugurated today by Sayandeb Banerjee, Chief Executive Officer & Cofounder, and Hon’ble T. R. Paarivendhar, Member of Parliament, and Founder and Chancellor…
ASM Technologies Ltd, a global Technology Engineering and Product Development services provider has opened a new development center in Pune, Maharashtra. The Company will strengthen its presence and customer reach in Western India. The development center was inaugurated by Rabindra Srikantan, Managing Director and Ravishankar Reddy, Vice President. Commenting on the recent expansion in Western…
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…
L&T Realty, the real-estate development arm of Larsen & Toubro, announced its expansion plans in Mumbai market to drive growth. The company has entered into a binding agreement to jointly develop projects in South Mumbai, Western Suburbs and Thane worth Rs 8,000 Cr, with development potential of 4.4 million square feet. This is a part…
The Board of Minda Industries Limited (MIL) (Flagship company of UNO Minda Group) approved the below mentioned expansion plans in its alloy wheel businesses considering increased demand for its alloy wheels from leading OEMs. Minda Industries Ltd will be expanding its 2W Alloy wheel capacity by 2.0 Mn wheels per annum at its existing Supa…
Asian Paints Ltd announced it will invest Rs 960 crore to expand the manufacturing capacity of its facility situated at Ankleshwar in Gujarat, according to a PTI report. The company has signed a memorandum of understanding with the Government of Gujarat commencing the proposed expansion of manufacturing capacity of paint from 1.3 lakh KL to 2.5…
Utkarsh Small Finance Bank Limited, a solitary Small Finance Bank from Varanasi, announced the inauguration of its first branch in the city of Kochi and in the state of Kerala. The Bank today has 600 branches in 201 districts spread across 18 states and 2 Union Territories in the country. “It gives us immense pleasure…
Mechanik TV, a skill tech platform for automotive mechanics, is in the process of raising funds to the tune of around USD 1-million for expansion of its offering and technology enhancement, its co-founder Rajeev Radhakrishnan has said, according to PTI report. Launched in April 2020 by T7E Aftermarket Connect Pvt Ltd, the startup provides video-based technical training…
Online travel platform EaseMyTrip has expanded its international footprint by incorporating wholly-owned subsidiaries in the Philippines, Thailand, and the United States of America as part of its second phase of the global expansion strategy. The company has forayed into these new countries anticipating a huge pent-up global demand for the travel and tourism sector in…
Salud Beverages, an Urban Lifestyle brand that was launched in Karnataka earlier this year, raised USD 1.1 million as of March 2021. The VC fund, comprising actors and HNIs includes serial entrepreneur and Indian actor Rana Daggubati, and former Managing Director of Microsoft India, Srinivas Koppolu, among others backed by Prasad Vanga’s Anthill Ventures. The…
PureSoftware, a software company focused on fintech, 5G and digital transformation, announced the opening of its first office in Kenya. This new office will further expand the reach of PureSoftware’s digital solutions and its software products – Arttha Fintech and Arttha5G in the continent, the statement said. The opening of Nairobi office will enable PureSoftware to…
Sintercom India Limited, a Pune based company, has announced that it has completed the raising of funds on a preferential private placement basis in the form of equity shares and compulsory convertible debentures (CCDs) from one of its promoters Miba Sinter Holding GmbH & CO KG (Miba), for an aggregate amount of approximately INR 222…
Atradius Collections, a financial services company that provides trade invoice collection services in 96% of the countries across the world, announced it has acquired the Portuguese collections agency Gestifatura. The company has expanded its presence to 34 countries around the globe. After opening new offices in Dubai, Morocco, and Indonesia in the past two years,…
Sai Life Sciences, one of India’s fastest growing Contract Research, Development & Manufacturing Organizations (CRDMOs), announced plans to double its headcount and expand its suite of technical capabilities at its Manchester site, a centre of excellence for API process and analytical development serving an expanding list of global clients. Making the announcement, Krishna Kanumuri, CEO…
Piramal Pharma Limited’s Pharma Solutions business, a leading Contract Development and Manufacturing Organization (CDMO), has announced its plans to expand Michigan facility with additional capacity and new capabilities for the development and manufacturing of Active Pharmaceutical Ingredients (APIs). The company is investing ~US$32 million in the facility to keep up with expected demand based on…