Embassy Group, one of India’s largest real estate conglomerates, announced it has joined pioneering proptech investor, Pi Labs, as a limited partner (LP) in its current Fund 3. The investment will support Embassy Group’s commitment to the transformation of the real estate sector through innovative technology, drawing on synergies from Pi Labs proptech ecosystem. Founded…
CooTek (Cayman) Inc. (CooTek), a fast-growing global mobile internet company, announced its recent investment in Shanghai Lejiu Network Technology Co., Ltd. (Lejiu), a mobile game studio that produces creative boutique mobile games. Through this investment, CooTek has further enhanced its cooperation with third-party corporate partners in the mobile game industry and expanded its pan-entertainment content…
Honeywell, a global leader in connected buildings, announced a strategic investment in Trinity Mobility Private Limited, an India-based software company and provider of the leading internet of things (IoT) Smart Cities platform and software applications. Financial details of the deal were not disclosed. This strategic investment will allow Honeywell to expand its smart cities capabilities…
Mahindra Holidays & Resorts India Limited (MHRIL), India’s leading vacation ownership company, and part of the US$ 19.4 billion Mahindra Group, announced acquisition of a strategic minority stake (6.67% stake) in Great Rocksport Private Limited, (Rocksport) Asia’s largest adventure program that introduces participants to the exciting world of soft adventure activities and outdoor experiences. Commenting…
Affle, a global technology company with a proprietary consumer intelligence platform that delivers consumer engagements, acquisitions and transactions through relevant Mobile Advertising, announced the signing of definitive agreements to acquire 8.0% ownership in Talent Unlimited Online Services Private Limited (Bobble AI), India. As part of the deal, Affle has secured exclusive global ad monetization rights…
Ecoppia, the world leader in robotic solutions for photovoltaic solar, announced a $40 million strategic investment in the company by CIM Group. CIM is an experienced and prominent US-based real assets owner, operator, lender, and developer with more than $60 billion in infrastructure and real estate projects delivered over its 25-plus year history. CIM’s is…
Petlove, a largest online pet retail brand in Brazil, announced that it has received a significant strategic investment from the Latin America fund of L Catterton, the largest and most global consumer-focused private equity firm. “With extensive experience investing in the pet and e-commerce categories across the world, L Catterton will partner with the Company’s…
Bengaluru-based real-estate tech startup, Strata recently announced that it has raised $1.5mn in a seed funding round led by SAIF Partners and Mayfield India. PropStack, a real-estate data analytics platform, along with three other angel investors also participated in the round. The company plans to use these funds for hiring in tech and investor relations…
Signing an agreement with the Board of Investment (BOI) of Sri Lanka, HCL Technologies (HCL), a global technology provider, announced the establishment of its global delivery center in Colombo. Marking its presence within the region, HCL aims at boosting employment, providing resources and skilling the local talent to serve its global clients. A key part…