MidOcean Partners announces acquisition of FullSpeed Automotive

MidOcean Partners announces acquisition of FullSpeed Automotive

Published: Just nowAuthor: Saipriya Iyer

MidOcean Partners, the U.S-based private equity organization focused on leveraged buyouts, growth capital investment, and recapitalizations in middle-market companies, has reportedly acquired Denver-based FullSpeed Automotive from CenterOak Partners.....

Paytm Money launches new feature for IPO investments in India

Paytm Money launches new feature for IPO investments in India

Published: 15 hours agoAuthor: Saipriya Iyer

Paytm Money, an Indian e-Commerce payment system, has reportedly forayed into the broking sector through the launch of IPO investments on its platform. Under the latest feature, the retail investors will be able to apply for investments in IPOs (Init....

Dr. Reddy’s & Glenmark ink agreement to acquire anti-allergy brands

Dr. Reddy’s & Glenmark ink agreement to acquire anti-allergy brands

Date: 2020-11-30Author: Saipriya Iyer

Dr. Reddy’s Laboratories, a Hyderabad-based pharmaceutical company, and Glenmark Pharmaceuticals have reportedly inked a contract. This pact is regarding the acquisition of the select anti-allergy brands of Glenmark in Uzbekistan, Kazakhstan, U....

Fitbit appoints JMDC as exclusive Fitbit premium distributor in Japan

Fitbit appoints JMDC as exclusive Fitbit premium distributor in Japan

Date: 2020-11-27Author: Saipriya Iyer

Fitbit, a renowned American consumer electronics and fitness company, has reportedly announced that JMDC would now be the exclusive distributor of Fitbit premium for its enterprise customers throughout Japan. Since 2016, JMDC, which holds the mant....

Edtech startup upGrad buys The Gate Academy for an undisclosed amount

Edtech startup upGrad buys The Gate Academy for an undisclosed amount

Date: 2020-11-26Author: Pankaj Singh

upGrad, an emerging Indian Edtech startup, has reportedly forayed into the test preparation industry through the acquisition of TGA (The Gate Academy). However, the company did not disclose any financial terms regarding this takeover bid. Followin....

Unitus chooses Payrailz to better lead its digital P2P efforts

Unitus chooses Payrailz to better lead its digital P2P efforts

Date: 2020-11-25Author: Pankaj Singh

Payrailz®, a leading digital payments firm offering engaging and advanced payment experiences to credit unions and banks across the U.S., has reportedly announced that the Unitus Community Credit Union is now a novel investor in CU Railz, with pl....

Germany, UK, & US could likely begin COVID-19 vaccinations in December

Germany, UK, & US could likely begin COVID-19 vaccinations in December

Date: 2020-11-24Author: Pankaj Singh

As the G20 leaders vow to ensure fair distribution of COVID-19 vaccines, tests, and drugs worldwide, Germany, UK, and US, each have reportedly announced their plans of starting vaccinations in their respective countries by December. Meanwhile, Spain ....

Ontic buys four aircraft instrument production rights from Flightline

Ontic buys four aircraft instrument production rights from Flightline

Date: 2020-11-23Author: Pankaj Singh

Ontic, a leading player in the aerospace sector and the company behind ‘Extended Life Solutions’ for OEM (Original Equipment Manufacturer) legacy products, has reportedly purchased full production rights for four aircraft instruments from....

Canada invests $100,000 in mobile Electric Vehicle Discovery Center

Canada invests $100,000 in mobile Electric Vehicle Discovery Center

Date: 2020-11-20Author: Saipriya Iyer

The Canadian Government’s commitment towards creating a sustainable, clean energy future that would strengthen its economy, create new jobs, and support its natural resource sectors was reflected recently when the Minister of Natural Resources ....

US based Maidbot closes Series B investment round led by RB Group

US based Maidbot closes Series B investment round led by RB Group

Date: 2020-11-19Author: Pankaj Singh

Maidbot, a US based company leading the commercial services robotics industry, has reportedly announced the completion of its Series B investment round. However, the company did not disclose any financial terms of the funding. RB (Reckitt Benckise....

NWA invests in dustless sanding tool to drive customer satisfaction

NWA invests in dustless sanding tool to drive customer satisfaction

Date: 2020-11-18Author: Saipriya Iyer

NWA Hogs Painting, a professional painting company in Arkansas, has reportedly announced its investment in a new dustless sanding tool. NWA Hogs is among the few companies in the state that produce this type of tool. The product delivers a cleaner pa....

Bezos Announces $791 Mn as the First Grants of his $10 Bn Earth Fund

Bezos Announces $791 Mn as the First Grants of his $10 Bn Earth Fund

Date: 2020-11-17Author: Pankaj Singh

Jeff Bezos, Amazon CEO declared the 16 environmental organizations that will get $791 million as the first grantees’ round for his $10 billion Bezos Earth Fund. The list comprises long-standing, well-funded organizations that are committed to p....

Google Gets a Nod from India for its $4.5 Bn deal with Jio Platforms

Google Gets a Nod from India for its $4.5 Bn deal with Jio Platforms

Date: 2020-11-13Author: Pankaj Singh

India’s antitrust regulator, the Competition Commission of India (CCI), has approved the investment of $4.5 billion proposed by Google in Reliance’s Jio platform. The American tech giant announced in July that it was likely to invest $....

ByteDance Files a Petition in the US Court Regarding TikTok Sale Order

ByteDance Files a Petition in the US Court Regarding TikTok Sale Order

Date: 2020-11-12Author: Pankaj Singh

ByteDance, the Chinese owner of the video-sharing app TikTok, has filed a plea with the US Appeals Court asking it to intervene to prevent the U.S. government from divesting TikTok. TikTok stated that the app is facing frequent new requests and is....

Pfizer & Biontech Announced the Success of BNT162b2 Against Covid-19

Pfizer & Biontech Announced the Success of BNT162b2 Against Covid-19

Date: 2020-11-11Author: Pankaj Singh

Pfizer Inc and BioNTech SE stated that their mRNA-based vaccine candidate revealed that BNT162b2, their mRNA-based vaccine candidate against SARS-CoV-2 has shown proof of effectiveness against COVID-19 in members without previous indication of SARS-C....

Optomec to launch 2 new 3D metal printers at Formnext 2020 exhibition

Optomec to launch 2 new 3D metal printers at Formnext 2020 exhibition

Date: 2020-11-10Author: Pankaj Singh

Optomec, a renowned 3D printed metals and electronics manufacturing, firm will reportedly launch two novel 3D metal printers during the Formnext 2020 exhibition, which is being conducted between 10 November to 12 November 2020. Both metal printers ar....

Marg ERP and Paytm Team-up to Streamline Transactions for MSMEs

Marg ERP and Paytm Team-up to Streamline Transactions for MSMEs

Date: 2020-11-09Author: Pankaj Singh

Marg ERP, India’s one of the biggest providers of enterprise solutions with more than 50% market share in FMCG and Pharma sector nationally, has partnered with Paytm to simplify transactions for MSMEs. This collaboration empowers MSMEs utilizin....

Turkish Authorities Fine Facebook and Twitter for Breaking the New Law

Turkish Authorities Fine Facebook and Twitter for Breaking the New Law

Date: 2020-11-06Author: Pankaj Singh

The Turkish authorities have fined Twitter, Facebook, TikTok, Instagram, and Periscope with 10 million Turkish lire ($1.2 million) each for missing the deadline of appointing a country representative, confirmed Omer Fatih Sayan, the deputy minister o....

Intel acquires another machine learning modeling company Cnvrg.io

Intel acquires another machine learning modeling company Cnvrg.io

Date: 2020-11-05Author: Pankaj Singh

Chip giant Intel has now acquired another startup for furthering its project on AI operations and machine learning. The Israeli company, Cnvrg.io, which Intel has purchased, has created a platform for data scientists, enabling them to build and opera....

Apple to Launch Arm-based Macs in its “One More Thing” Event

Apple to Launch Arm-based Macs in its “One More Thing” Event

Date: 2020-11-04Author: Pankaj Singh

Apple is organizing its event, “One More Thing” on November 10th in which the company is expected to unveil its first Arm-based Macs that work on Apple Silicon chips rather than Intel processors that the company issued since 2005. The ....

The U.S. gains support from 49 countries for Clean Network initiative

The U.S. gains support from 49 countries for Clean Network initiative

Date: 2020-11-03Author: Saipriya Iyer

The U.S. has reportedly announced support from 49 countries, representing 2/3rd of the global economic output, for its ‘Clean Network’ initiative. People with knowledge of the matter have stated that the recent initiative is aimed at limi....