Radpay’s valuation reaches $10.2 million after seed funding round

Radpay’s valuation reaches $10.2 million after seed funding round

Published: Just nowAuthor: Shikha Sinha

In a first, the company has secured funding from outside source   The two prominent investors included BlockLaunch and Resiliency Ventures   Radpay intends to direct the funds towards further company development   The se....

WeWork to lay off at least 4000 employees to reach financial stability

WeWork to lay off at least 4000 employees to reach financial stability

Published: 13 hours agoAuthor: Saipriya Iyer

WeWork, a renowned US-based commercial real estate firm, is reportedly planning to lay off more than 4,000 employees this month. Through this step, the company is looking to gain financial stability as it continues to pull out all the stops to revers....

AeroGrow unveils the launch of its all new ‘Grow Anything’ Appliance

AeroGrow unveils the launch of its all new ‘Grow Anything’ Appliance

Date: 2019-11-16Author: Pankaj Singh

The invention is said to augment the yields for distinguished plant species.   Grow Anything emerges out as world’s first on-board plant computer accessible through device and proprietary application. Various companies are tryi....

Freshworks raises $150Mn, to offer cloud & automation tools to customers

Freshworks raises $150Mn, to offer cloud & automation tools to customers

Date: 2019-11-15Author: Pankaj Singh

Increasing adoption of technology has enabled businesses to generate tremendous growth in the past few years. Speculating its importance, investors across the world are pouring in funds to develop efficient software solutions.  Freshworks, a ....

Superior Graphite inaugurates new plant in Hopkinsville, Kentucky

Superior Graphite inaugurates new plant in Hopkinsville, Kentucky

Date: 2019-11-14Author: Saipriya Iyer

In today’s globalized economic world, companies are increasingly looking at establishing new operations to strengthen business growth. This expansion helps offer lucrative market opportunities, new consumers and increased revenue to organizatio....

SaaS startup Loop Returns raises $10 million in Series A investment

SaaS startup Loop Returns raises $10 million in Series A investment

Date: 2019-11-13Author: Pankaj Singh

With growing online shopping traffic, the number of brands selling their products has also increased over the past few years. With more people shopping online, more brands are expanding themselves economically. However, this growth is being offset by....

Adidas plans to pull the plug on two major robotic factories

Adidas plans to pull the plug on two major robotic factories

Date: 2019-11-12Author: Pankaj Singh

In this era of automation and digitalization, keeping pace with the humongous deals and requirements has been stated to give the manufacturing companies a tough time. This leads to either the dissolution of the company or the factory unit. In a recen....

ABC Technology declares having set up headquarters in Singapore

ABC Technology declares having set up headquarters in Singapore

Date: 2019-11-11Author: Pankaj Singh

Of late, various companies are trying to sustain their foothold in the market by extending their reach to several regions worldwide. Following a similar pattern, ABC Technology has decided to mark an international entry through the city of Singapore.....

Banco Inter unveils a one-stop shop application for its clients

Banco Inter unveils a one-stop shop application for its clients

Date: 2019-11-08Author: Saipriya Iyer

The Brazil-based firm has plans to lure more clients with the launch of a new application Banco Inter, a leading digital banking services provider in Brazil recently launched a smartphone application offering clients direct access to more than 60 ....

Fintech startup Digits closes $10.5 Mn Series A investment round

Fintech startup Digits closes $10.5 Mn Series A investment round

Date: 2019-11-07Author: Saipriya Iyer

Digits, a US-based digital fintech startup, reportedly announced that it raised $10.5 million in a Series A investment round. The new investment round was led by Benchmark and it has also been backed by 72 angel investors, including CEOs and founders....

Yas Holding acquires 2.5 percent stake in Iceland based Alvotech

Yas Holding acquires 2.5 percent stake in Iceland based Alvotech

Date: 2019-11-06Author: Pankaj Singh

Alvotech, a renowned Icelandic biopharmaceutical firm involved in the development and manufacturing of biosimilars, reportedly announced that Yas Holding, an Abu Dhabi based investment firm, has purchased a 2.5 percent stake in the company’s bu....

Capco and Candela to fuel digitalization of financial services in APAC

Capco and Candela to fuel digitalization of financial services in APAC

Date: 2019-11-05Author: Pankaj Singh

Belgium-based multinational business and technology giant Capco recently announced to have signed a joint venture agreement with Bengaluru-based Candela Labs. Sources aware of the development stated that the two companies have collaborated to prov....

IFM buys US-based Buckeye Partners in a $15 billion acquisition deal

IFM buys US-based Buckeye Partners in a $15 billion acquisition deal

Date: 2019-11-04Author: Saipriya Iyer

With the infrastructure pipeline in its home-base facing the threat of being stymied, primarily due to an increasing skills shortage and strong competition, many of Australia’s investors are looking overseas for better business opportunities. ....

B8ta secures US$50m in Series C funding led by Evolution Ventures

B8ta secures US$50m in Series C funding led by Evolution Ventures

Date: 2019-11-02Author: Pankaj Singh

The California-based retail-as-a-service company B8ta has recently raised $50 million in Series C equity funding round. Evidently the round was led by Evolution Ventures along with B8ta’s existing investors Macy’s, Peak State Ventures,....

ScanSTAT buys DocFile Systems for expansion of its service offerings

ScanSTAT buys DocFile Systems for expansion of its service offerings

Date: 2019-11-01Author: Saipriya Iyer

ScanSTAT Technologies, a renowned US-based outsourced ROI (release of information) services provider, reportedly announced the acquisition of DocFile Systems, a US-based medical document filing, and order management company. ScanSTAT offers outsource....

Facebook pays £500,000 fine to UK over its Cambridge Analytica scandal

Facebook pays £500,000 fine to UK over its Cambridge Analytica scandal

Date: 2019-10-31Author: Pankaj Singh

Facebook, the renowned US based tech giant, has reportedly agreed to pay over £500,000 (approx. $643,000) to the UK’s Information Commissioner’s Office over its part in the Cambridge Analytica scandal. This fine was originally enfor....

Duffel raises $30M in Series B round to unveil its new travel platform

Duffel raises $30M in Series B round to unveil its new travel platform

Date: 2019-10-30Author: Saipriya Iyer

The travel and tourism industry accounted for over 10 percent of total global economic activity in 2018. However, no improvements have been witnessed in the booking experience for customers in a while. Various travel booking companies are raising inv....

Juul plans layoff of over 500 jobs amid increasing regulatory scrutiny

Juul plans layoff of over 500 jobs amid increasing regulatory scrutiny

Date: 2019-10-29Author: Paroma Bhattacharya

San Francisco-based e-cigarette manufacturer has reportedly planned to cut over 500 jobs by the end of 2019, according to a report, citing authentic sources with knowledge about the matter. These cuts come along the heels of a hiring spree underta....

Uber collaborates with Delhi metro to allow ticket booking on its app

Uber collaborates with Delhi metro to allow ticket booking on its app

Date: 2019-10-25Author: Paroma Bhattacharya

Government transportation agencies have been witnessed to partner with private ride-sharing firms across the world, lately. These relationships have developed as government agencies look to grow ridership, polish their brand as well as remain relevan....

Bitcoin Suisse invest US $3Mn in trade intelligence firm CoinRouts

Bitcoin Suisse invest US $3Mn in trade intelligence firm CoinRouts

Date: 2019-10-24Author: Pankaj Singh

Bitcoin is an open-source digital currency that operates by using peer-to-peer technology and does not require any approval from central authority or banks. Moreover, it offers some unique solutions that couldn’t previously be covered....

Voxel8 raises funds to boost adoption of its 3D printing technology

Voxel8 raises funds to boost adoption of its 3D printing technology

Date: 2019-10-23Author: Saipriya Iyer

The 3D printing market, also known as additive manufacturing, is one of the fastest growing and revenue collecting markets across the globe. Global 3D printing firms are increasingly raising investments to further expand into the sector.   ....