Abu Dhabi tech startup Bayzat raises US $16Mn in Series B funding

Abu Dhabi tech startup Bayzat raises US $16Mn in Series B funding

Published: 18 hours agoAuthor: Paroma Bhattacharya

The business world has been experiencing rapid changes driven by one major factor-Technology. As new-age technologies are all set to advance businesses, the need to upskill human resource is of paramount importance. Numerous organizations in the worl....

CTS presents Intelligent Transport Management Technologies at ITS 2019

CTS presents Intelligent Transport Management Technologies at ITS 2019

Date: 2019-10-21Author: Saipriya Iyer

The rapidly expanding global population is further leading to rapid urbanization, which has raised many critical issues, including road safety problems and increasing congestion on the road. The growing need for sustainable solutions to tackle these ....

Freshworks looks for a fresh funding round to aim at $3 Bn valuation

Freshworks looks for a fresh funding round to aim at $3 Bn valuation

Date: 2019-10-19Author: Saipriya Iyer

As per NASSCOM, India’s software as a service (SaaS) industry is slated to grow 36 percent annually and reach $3.3-$3.4 billion by 2022. Cheaper workforce, mature sales ecosystem, abundant talent and adoption of deeptech technologies are some f....

CARFIT finishes seed funding round with PlugandPlay and CIC Capital

CARFIT finishes seed funding round with PlugandPlay and CIC Capital

Date: 2019-10-18Author: Paroma Bhattacharya

Global predictive maintenance sector is predicted to witness an exponential growth over the coming years. Seeing the immense growth opportunity, several global venture capital firms are increasingly investing in predictive maintenance startups to sta....

Diamond uses Zuora® Central platform to launch digital media services

Diamond uses Zuora® Central platform to launch digital media services

Date: 2019-10-17Author: Pankaj Singh

Digital media has tremendously grown its presence in recent years. Looking at its potential, several media companies have decided to come out with their own digital media subscription services. One such initiative was taken by a Japan’s le....

South Korean startup True Balance raises $23 Mn in Series C funding

South Korean startup True Balance raises $23 Mn in Series C funding

Date: 2019-10-16Author: Saipriya Iyer

While a growing number of firms are contesting for a place in digital payments market of India, away from the country’s metros and tier 2 cities, some payment startups are gradually progressing in the market by advancing their services, for cus....

UPS unveils new on-demand, mobile friendly self-storage service

UPS unveils new on-demand, mobile friendly self-storage service

Date: 2019-10-15Author: Pankaj Singh

Self-storage service industry is witnessing an exponential growth lately and is expected to progress higher over the coming years due to the benefits it offers consumers. a number of transportation and courier service firms across the world are foray....

CureDuchenne unveils biobank to enhance research in Duchenne therapy

CureDuchenne unveils biobank to enhance research in Duchenne therapy

Date: 2019-10-14Author: Paroma Bhattacharya

Duchenne muscular dystrophy (DMD) is a progressive disorder that involves loss of strength due to the alterations of dystrophin that helps keep muscle cells intact. It commonly affects young boys and has not witnessed a cure yet. However, v....

Energy startup RigUp raises $300 million in Series D investment round

Energy startup RigUp raises $300 million in Series D investment round

Date: 2019-10-12Author: Saipriya Iyer

Austin has been witnessing substantial investments in its technology market landscape since 2018. The city has witnessed a surged in its venture capital activities, in technology startups, since the start of 2019. Technology development is at its pea....

BASIX Sub-K manages to raise Rs 75 Cr from its Series-C funding round

BASIX Sub-K manages to raise Rs 75 Cr from its Series-C funding round

Date: 2019-10-11Author: Paroma Bhattacharya

Fintech companies are known for managing various monetary services using technology. The industry is witnessing several new smaller companies and startups who are bringing various innovative schemes and models. However, to finance their operations, t....

Pennsylvania American Water buys assets of Steelton Borough Authority

Pennsylvania American Water buys assets of Steelton Borough Authority

Date: 2019-10-10Author: Pankaj Singh

In 2016, a law was passed in Pennsylvania which made in feasible for water authorities to sell their assets to utility companies. Since then, the Pennsylvania water service market has witnessed a substantial growth as well as greater number of collab....

Shiseido acquires American skincare company Drunk Elephant for $845Mn

Shiseido acquires American skincare company Drunk Elephant for $845Mn

Date: 2019-10-09Author: Paroma Bhattacharya

The market for skin care and beauty products is very huge in Asia, with one of its big businesses coming from China. These products have generated a huge client base in the region, a key reason why many international beauty product companies are tryi....

UAE telecom company gives clean chit to Huawei’s 5G technology

UAE telecom company gives clean chit to Huawei’s 5G technology

Date: 2019-10-07Author: Saipriya Iyer

The U.S. government has reportedly accused Chinese telecom giant Huawei for spying and collecting personal data for unsolicited uses, leading to its ban in the country. This move has not only affected the Sino-US relations but also has affected ....

Hero Electric teams with CSC e-Governance to boost e-mobility in India

Hero Electric teams with CSC e-Governance to boost e-mobility in India

Date: 2019-10-05Author: Saipriya Iyer

With growing fuel prices and deteriorating air quality, the Government of India has started to encourage auto companies to introduce new green mobility solutions. However, as the adoption of electric mobility is on a surge in urban India, the country....

Genomic Vision and PolyAn ink coverslip production & supply agreement

Genomic Vision and PolyAn ink coverslip production & supply agreement

Date: 2019-10-04Author: Paroma Bhattacharya

France-based biotechnology company Genomic Vision has reportedly announced a partnership with PolyAn for the manufacture and supply of coverslips. Sources with reliable information reported that the latest development of Genomic Vision’s Life S....

Cybersecurity firm FireEye reveals new election security resource

Cybersecurity firm FireEye reveals new election security resource

Date: 2019-10-03Author: Saipriya Iyer

Cybersecurity refers to safeguarding internet-connected systems such as software and hardware from potential cyberattacks. It is used in identifying theft while maintaining risk management. In order to prevent potential attacks, companies have now st....

Ripple enters Iceland with acquisition of crypto trading firm Algrim

Ripple enters Iceland with acquisition of crypto trading firm Algrim

Date: 2019-10-01Author: Pankaj Singh

Various global companies are continuously transacting and collaborating with other companies in the world in an effort to maximize their business capabilities. Given the well-documented rise of cryptocurrencies, various crypto trading firms across th....

Goldman Sachs makes new INR 500 crore investment in Bangalore IT park

Goldman Sachs makes new INR 500 crore investment in Bangalore IT park

Date: 2019-09-30Author: Paroma Bhattacharya

As the lending for real estate by banks slowed down from 2011-12, NBFCs and HFCs have gained importance in the real estate investment. NBFC is a non-banking financial company that invests in various fields, HFC stands for Housing Finance Company whic....

Uber unveils driver loyalty scheme after receiving new London license

Uber unveils driver loyalty scheme after receiving new London license

Date: 2019-09-28Author: Saipriya Iyer

· Uber recently received a two-month operating license from TFL to operate in London. · Through the loyalty program, Uber aims to reward the commitment of its drivers to the company. Uber has announced that it will unveil a loyalt....

Fold App secures $2.5M funding to offer bitcoin lightning payments

Fold App secures $2.5M funding to offer bitcoin lightning payments

Date: 2019-09-27Author: Pankaj Singh

Fold App, the bitcoin payments startup, has reportedly raised $2.5 million in the recent financial round. Fold, in its first funding round as an independent company after leaving Thesis, has now apparently added fiat-support on its application. So....

Everledger raises $20Mn in a Series A funding round led by Tencent

Everledger raises $20Mn in a Series A funding round led by Tencent

Date: 2019-09-26Author: Paroma Bhattacharya

Known as one of the biggest innovations in recent times – blockchain technology has revolutionized the world’s financing infrastructure. Companies have started using blockchain technology for financial applications as well as for improvin....