According to The Economic Times, Ericsson intends to hire over 2,000 people in Pune. In addition to establishing a technological hub in Pune with its partner in contract manufacturing, Jabil, Ericsson India will expand its operations and production capacity there. The telecom equipment company claims in a statement that the recruiting will be finished in … Read more
Leading flexible workspace provider WeWork India has secured INR 550 crores from funds managed by BPEA Lending, one of India’s biggest private credit platforms. WeWork India’s optimistic outlook for growth and strong performance in FY23 are nearly matched by the finance. Commencing operations in India in 2017 with 100K sq ft and 2200 members, WeWork … Read more
Gurugram based Healthcare-Fintech startup SaveIN has raised more capital riding on the rapid growth that the company has demonstrated in the first year of its launch. The Y-Combinator backed startup has now raised a total of $8Mn over the last nine months, making it one of the larger early stage rounds among Indian startups in … Read more
actyv.ai, headquartered at Singapore and a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has announced the appointment of Mukund R Srinivas as its General Counsel & Head – Legal & Compliance. A corporate generalist attorney, Mukund comes with more than 24 years of experience, handling diverse functions including cross … Read more
GalaxEye Space, a SpaceTech start-up focused on earth observation, today announced that it has successfully raised a $3.5 million round of seed round of funding led by Special Invest, a deep-tech venture capital firm. This fundraise is historic for the India SpaceTech market given the funding amount and speed with which the round was closed. … Read more
Blod.in, a health-tech startup based in Chennai, secured an undisclosed amount in pre-seed funding. The deal was facilitated by Tamilpreneur, led by Shyam Siddarth, Founder & CEO and Praveen Krishna, Co-founder & CMO. Prabhu Rangarajan (Co-Founder of M2P Fintech), Mohan K (Co-Founder/CEO of IppoPay),, Vijay Pravin (Co-Founder/CEO of bitsCrunch), Ashok Vardharajan (CTO of bitsCrunch), Savitha … Read more
Healthium Medtech, a global player in medical devices, announced that it has entered into a definitive agreement to sell its UK-based subsidiary, Clinisupplies to KKR, which is investing through its KKR Health Care Strategic Growth Fund II. The company will re-invest the proceeds from the transaction to strengthen its portfolio in advanced surgery, wound care, … Read more
Scaler (by InterviewBit), one of the fastest-growing tech upskilling start-ups, announced its mobile application’s launch to enable software professionals to upskill themselves and prepare for a progressive career in software development. Just five months into its soft launch, The application has witnessed over 50K downloads organically and with more than 2X growth over the last two … Read more
The deal gets EaseMyTrip to foray into the growing air charter services market in India and abroad. EaseMyTrip, India’s one of the largest online travel tech platforms, today announced it will invest in and acquire* Gujarat’s GIFT city-based Nutana Aviation. The acquiree* company is in the business of offering charter solutions to clients in India … Read more
IppoPay Technologies, a verticalized payments infrastructure company, said in a statement that it has acquired the business of Roamsoft Technologies Pvt Ltd, a fintech focused IT products and services company located in Tamil Nadu, for an undisclosed amount. Roamsoft, headquartered in Chennai, is primarily engaged in the business of developing products and providing technology services … Read more
iXceed Solutions – one of the leading HRtech companies that provide Talent and Digital Solutions to Fortune 600 companies globally has announced its massive international expansion drive by adding a new client base and venturing into Southeast Asia, North America. Additionally, iXceed Solutions plans to open additional delivery centers in north India and expand its … Read more
Fitterfly, a digital therapeutics (DTx) health-tech firm, has revealed a new brand identity as a step towards their upcoming growth phase. The rebranding stays true to the company’s core message of helping individuals live unfettered lives without letting metabolic health get in the way. Fitterfly’s logo has changed to represent the “Fitterfly Right,” which is … Read more
Vananam Ventures Pvt Ltd, a Bengaluru- based alternative investment platform, held a Start-Up Inclusion Summit on Saturday, Nov 26, where the Honourable Minister of Finance and Corporate Affairs, Government of India, Smt. Nirmala Sitharaman was the Chief Guest. She appealed to the start-ups to focus on climate change and farming solutions. Addressing the national-level summit organised by Vananam to … Read more
Union Minister of State for Electronics and Information Technology, Skill Development and Entrepreneurship Shri Rajeev Chandrasekhar today inaugurated a Digital India startup hub at the Software Technology Parks of India (STPI) centre at Davanagere, Karnataka. Speaking on the occasion, Shri Rajeev Chandrasekhar said, “The STPI, Davangere will soon usher in new opportunities for jobs and entrepreneurships for … Read more
Delta, a global leader in power and thermal management solutions, recently hosted a technology day event on November 24 in Jamshedpur. The event witnessed participation from 140 attendees from Tata Group. This event serves as a showcase for Delta’s vision, which encourages partnerships to tackle some of the most critical problems facing the planet and … Read more
WardWizard Innovations and Mobility Ltd – India’s leading manufacturer of electric two-wheelers brand ‘Joy e-bike’ today announced a strategic partnership with iCreate, India’s leading innovation-based start-up incubator, to mentor and fund promising EV start-up’s in India. Through this partnership, WardWizard will facilitate active mentorship for entrepreneurs at iCreate’s campus in Ahmedabad to enhance subject matter … Read more
