Aimtron Electronics Ltd has secured a pilot Box-Build manufacturing order from a leading global semiconductor test solutions company, marking another milestone for India’s growing electronics manufacturing sector. The engagement carries a potential commercial value of US$2.6 million to US$3.4 million, subject to successful qualification of the pilot programme. The order underscores the increasing role of … Read more
New Delhi: Mobility and logistics company BikeWo Green Tech Limited has entered into a Memorandum of Understanding (MoU) with Kwik Flite Support, which operates under the KlikAir brand, to jointly evaluate the development of an integrated air cargo and aviation logistics platform in India. The strategic partnership marks another step in BikeWo Green Tech’s broader … Read more
Delhivery, India’s largest fully-integrated logistics service provider, will acquire the Pune-based Algorhythm Tech Pvt. Ltd. that delivers intelligent planning & optimization solutions for enterprise supply chain operations. The company said the transaction is expected to be completed by 31st Jan 2023. This would be a 100% acquisition post which Algorhythm Tech will operate as a … Read more
Intugine, a real-time multimodal supply chain visibility startup, has raised INR 19 Crores in a pre-series A round led by Mela Ventures and co-financed by Kaleesuwari Group and Innoport. Round also saw participation from marquee investors, including SaaS founders Harsh Shah, Co-founder of Fynd; Anshul Rai, Co-founder and CEO of Happay; and Kashyap Deorah, Founder … Read more
NAKAD, a supply-chain-focused finance firm, announced on Wednesday that it has secured $7 million in a seed round led by Accel and Matrix Partners India, with AdvantEdge Founders participating. The Delhi-based firm, which provides working finance to India’s supply chain micro, small, and medium enterprises (MSME), said it will utilise the funding to expand its … Read more
