Fintech firm Nakad bags $7 million in latest seed funding round

Nakad, a provider of supply-chain financing, has successfully raised $7 million in a seed funding round, co-headed by Matrix Partners India and Accel. AdvantEdge Founders and several other eminent startup founders, including Zetwerk&rsqu....

Meter nabs $38Mn to scale business & support faster enterprise internet

Meter, Inc., an internet & Wi-Fi infrastructure provider for businesses, has recently announced that it has successfully raised $38 million in a Series B funding round that was headed by Lachy Groom and Sequoia Capital. Industry lead....

Merck to create 370 new jobs following $470 Million investment in Cork

Merck, a German multinational science and technology company, is planning an investment of around €440 million ($470 million) for expanding its facilities based in Cork and will be creating more than 370 novel jobs. The statement ma....

Tata backed Karkinos Healthcare receives funding from Mayo Clinic

Karkinos plans on using these funds to develop advanced healthcare solutions in India. Under the agreement, Mayo Clinic will be nominating a member on the Board of Karkinos Tata Group has invested around Rs. 110 crore (USD 14.1 Mill....

MakeMyTrip teams up with banks to offer ‘Book Now Pay Later’ option

The BNPL (book now pay later) payment has been introduced on MakeMyTrip on bookings for flights, travel, or hotels as well as on the Goibibo app MakeMyTrip, the online travel company, has recently said that it has collaborated with 15 ba....

Apple unveils new skills training to support growing IT employees

American tech behemoth, Apple has unveiled updated professional training and certifications for IT management and support as the demand for trained technical and support staff in the IT enterprises is growing. As firms extend their use o....

Larsen & Toubro Infotech extends partnership with Google Cloud

Larsen & Toubro Infotech (LTI), an Indian information technology services conglomerate, has expanded its partnership with Google Cloud. According to sources, LTI is planning to build a dedicated unit of business for six key solution pil....

Google joins forces with Samsung to build Health Connect API

Global tech behemoth, Google has recently announced that it is entering into a partnership with South Korean electronics corporation, Samsung to jointly work on building Health Connect, a centralized API that will empower developers to acce....

Escorts amps CAPEX to $51Mn for FY23; expects high e-tractors exports

Escorts Ltd., an Indian engineering company that operates in the sectors of agricultural machinery, construction machinery, and railway equipment, has reportedly arranged CAPEX of around Rs 400 crore (USD 51 Million) for the current financi....

Adani nabs major stake in Holcim’s India business for $10.5 billion

Adani plans to leverage the acquisition and extend into the space of new energy, data centers, airports, digital services, and retail Indian multinational conglomerate, Adani Group has reportedly secured majority shareholding in Swiss gi....