Okinawa Autotech, a leading Indian electric two-wheeler manufacturer in strategic development today announced the inauguration of its first Research and Development (R&D) Center in Italy, Europe, in association with its joint venture (JV) partner Tacita®️ with a total investment of Euros 25 million over a period of next three years. The new Center of Technology will … Read more
Abhinav Upadhyay has been named chief marketing officer of CollegeDekho, India’s ecosystem for higher education services. In addition to creating the company’s next chapter of growth through innovations and transformative efforts across its whole spectrum of products and services, Abhinav will lead all facets of brand and product marketing. Abhinav has almost two decades of … Read more
BharatPe, India’s leading fintech company, today announced three key appointments in line with its commitment towards building an organization with high levels of corporate governance, compliance and data security. The company announced the appointment of Ambuj Bhalla as its Chief Information Security Officer (CISO). A respected name in the information security and cyber security domain, Ambuj … Read more
Early-stage technology fund, Silverneedle Ventures announces its investment in a Chennai and Mumbai-headquartered, Enterprise skilling platform, Disprz, that helps global companies right-skill their workforce with an AI-powered learning and skilling suite. The startup has raised an undisclosed sum in a bridge round between Series B & Series C rounds from Silverneedle Ventures & other current … Read more
According to an internal e-mail sent on Friday by Sriharsha Majety, Swiggy’s chief executive and co-founder, the food and grocery delivery service has let go more than 300 of its 6,000 employees as part of a “restructuring exercise.” “As part of a reorganisation effort, we’ve made the extremely tough choice to reduce the size of … Read more
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, today announced that they’ve closed a $2.5M seed round led by Distributed Global and participation by Newark Venture Partners, Zero Knowledge, as well as angel investors Leore Avidar of Alt.xyz and Lob.com and Eric Feldman of Bolt.com. The SphereOne platform prioritizes immediacy in transactions and features include a 1-click … Read more
Architect Financial Technologies Inc. today announced the closing of a $5M pre-product financing round to develop adaptable infrastructure products that enable institutions to trade across centralized and decentralized digital asset markets. Participants in the round include Circle Ventures, Coinbase Ventures, SV Angel, SALT Fund, P2P, Third Kind Venture Capital, and Motivate Venture Capital, along with … Read more
With pent up demand for travel after years of restrictions, international travel options are gaining in popularity. The U.S. dollar is strong, making international travel especially attractive, and according to a recent survey by MMGY Travel Intelligence, a quarter of Americans with travel plans within the next six months are expecting to travel internationally, the highest … Read more
The Board of Directors of Innovative Rocket Technologies Inc. (iRocket) has appointed Blake Larson as a director. Blake Larson joins the Board following a distinguished 40-year career with Orbital ATK and Northrop Grumman. Blake recently retired from Northrop Grumman as the Corporate Vice President and the President of its Space Sector. Northrop Grumman is a space … Read more
WardWizard, one of the leading manufacturer of the electric two-wheeler brand ‘Joy e-bike’, today announced the commencement of online bookings for its new high-speed electric scooter MIHOS from January 22, 2023. Adding to the consumer’s delight, customers can book MIHOS Free of Cost from the company’s website www.joyebike.com/mihos/ as well as from the 600+ authorised showrooms across the country. The deliveries of … Read more
To commemorate National Startup Day 2023, a unique app was launched by India’s leading non-profit, Bharatiya Yuva Shakti Trust. An Android-iOS mobile application, the platform aims to bring grassroots entrepreneurs from across India together on a single platform. Entrepreneurs who were extended a loan and mentored, as well as those who had been counselled only, … Read more
SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines for 2 and 3-wheel electric vehicles. The partnership supports … Read more
Meghmani Finechem Limited (MFL), India’s leading integrated chemical manufacturer, today announced its financial results for the quarter and nine-months ended December 31st, 2022. The company delivered a strong operating and financial performance. The chemical major posted a 27% jump in its revenue for Q3FY23 to ₹ 538 Cr as compared to Q3 of FY22. Commenting on the results Maulik … Read more
SocialBoat, a women’s health app, has announced raising an angel round of US$ 200K from Plan B Capital. Other angel investors who have committed to the venture include Abhijit Kane (Co-founder, Postman), Videt Jaiswal (Co-founder, Airblack), Bhuvan Gupta (Co-founder, OfBusiness) and Prateek Sharma (Managing Partner, AheadVC), Neeraj Gupta (Angel Investor) among others. The funds will … Read more
Infogain, a Silicon Valley-headquartered company specialises in human-centered digital platform and software engineering services, today announced the appointment of Tyson Hartman as the company’s new Chief Technology Officer. Hartman is based in Seattle and will report to Ayan Mukerji, Infogain Chief Executive Officer. As CTO, Hartman will drive Infogain’s technology vision and strategy, including leading … Read more
LOTTE Confectionary has announced to invest INR 450 crores in Havmor Ice Cream, with an aim to expand its manufacturing prowess. This investment comes four years after LOTTE acquired Havmor Ice Cream for INR1000 crores in December 2017. Havmor Ice Cream is all set to ramp-up its capacity and cater to the growing demand in the … Read more
Delhivery, India’s largest fully integrated logistics provider, has announced the launch of the Delhivery Training and Recruitment Program, an initiative to empower young jobseekers to build a career in the logistics industry. The program ensures guaranteed jobs for recruits in entry and mid-level operational roles. The company will conduct a national entrance exam with an … Read more
Global tech investors continue to put large sums of money into Indian tech companies despite a challenging global economic climate, with a recent report conducted by Dealroom and London & Partners revealing that India ranked 4th globally with $24.1B worth of VC investments in 2022. Further analysis from the research showed that $10.7bn of that … Read more
Zeeve, the leading provider of managed Web3 infrastructure for enterprises has enabled support for Google Cloud Platform (GCP) for all their existing products. This grants users the option to choose from a host of cloud providers, including GCP, in order to meet their enterprise-grade infrastructure needs. They will get access to full, archive, and validator … Read more
pieFi, Inc. is pleased to announce the launch of Upside.coop, a revolutionary platform that gives companies the tools they need to achieve a new level of authentic connection with their customers and fans — by sharing real ownership. Brands need a better way to maintain retention and growth, especially during economic uncertainty. Brands can use … Read more
