Blockedge Technologies Inc., a leading enterprise blockchain technology platform, and Suvik Technologies FZE, a UAE-based public blockchain technology company, announced the signing of a memorandum of understanding to form a joint venture in Dubai, aimed at creating tools that empower organizations globally migrate to WEB3 technologies. With the right complementary ingredients to facilitate the movement…
UPL Ltd. (‘UPL’), a global provider of sustainable agricultural solutions, announced a joint venture with CleanMax Enviro Energy Solutions (‘CleanMax’), a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of…
Sanmina Corporation (Sanmina), an integrated manufacturing solutions company and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL) announced that they have entered into an agreement to create a joint venture through an investment in Sanmina’s existing Indian entity (Sanmina SCI India Private Ltd, SIPL). This partnership will leverage Sanmina’s 40…
Big Bloc Construction Limited (BCL) announced that it has entered into a joint-venture agreement with SCG International India Private Limited, a wholly owned subsidiary of Siam Cement Public Company Limited (SCG) under Cement-Building Materials Business, to engage in the production and sale of lightweight concrete panels and blocks with the total capacity of approximately 2.6…
Holborn Wells, a UK-based healthcare focused company which recently established an IVD business unit in India has concluded a joint venture with SpeedBio to establish IVD manufacturing unit in India. As per a joint statement by Sudhanshu Srivastava, CEO, Holborn Wells India and Santosh Pandey, CEO, SpeedBio India, “The new venture is in line with…
Moolec, a science-based ingredients company using plants to produce animal proteins, and Grupo Insud, a global conglomerate with presence in the manufacturing of biosimilars and other active ingredients for the pharmaceutical industry, has announced their partnership to research and develop solutions for the alternative protein industry. The statement said, “The Joint Venture will use yeast,…
Givaudan, the global leader in fragrance creation, announced it has signed a joint venture agreement with Privi Speciality Chemicals Limited (PSCL), India, to strengthen production capabilities for its global speciality fragrance ingredients. Through the agreement, a new greenfield production plant will be built in Mahad, a city located south of Mumbai, to manufacture small-volume fragrance…
Pharmaceutical company Brooks Laboratories Limited announced that it has entered into a new agreement with SteriScience Specialities Private Limited (SteriScience) to make fresh investments in its subsidiary Brooks SteriScience Limited (BSL) to expand manufacturing infrastructure and integrated capabilities for their carbapenem business. Last year, Brooks had entered into a collaboration with SteriScience to carry out…
Colt Data Centre Services (DCS), a provider of global hyperscale data centre solutions, has announced, that Fidelity has entered into a joint venture agreement with Mitsui & Co, and Mitsui & Co Asset Management Holdings, to provide state-of-the-art hyperscale data centres in Japan. The new joint venture will be owned 50:50 and will further strengthen…
RMZ Corp, privately-owned real estate owner & developers and Canada Pension Plan Investment Board has announced that they have entered into a joint venture to develop and hold commercial office space in Chennai and Hyderabad. CPP Investments will invest INR 15,000,000,000 (US$210 million), which will allow for the expected development of 10.4 million square feet…
DigitalEd and Binary Semantics has announced that they have entered into a joint venture with the name of DigitalEd India LLP. DigitalEd India will sell and support Möbius, a comprehensive online learning platform that automatically tests and immediately provides feedback to STEM students. DigitalEd India will work closely with Indian universities to improve Indian education and allow these…
The India Network, a platform for people from across the start-up spectrum to connect, collaborate and co-create, announced that it has inked a one-of-a-kind strategic partnership with Bay Street Diary further advancing its strategy to expand and connect with entrepreneurs and mentors across India and Canada. Bay Street Diary has been on the forefront helping…
Montblanc and Titan Company Limited, a consumer retail company within the Tata Group, announced the ending of their joint venture partnership in India. The decision enables Montblanc to become a wholly owned subsidiary in the country. During the five-year partnership which began in 2015, Montblanc opened 12 boutiques in major cities across the country and…
MonotaRO Co Ltd, Japan’s largest MRO B2B ecommerce company, announced it has invested $15 million in a joint venture with Emtex Engineering to grow the latter’s SME ecommerce business in India. Emtex Engineering operates Industrybuying.com. Industrybuying.com, a leading Business e-commerce platform, sells a wide range of business and industrial products to SMEs as well as…