Isracann announces to enter into MoU for European distribution
  Author: Mateen Dalal

Isracann Biosciences, Inc., an Israel-based specialty pharmaceutical company, announced that it has entered into a Memorandum of Understanding (MoU) for a distribution agreement to serve major legalized cannabis m...

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Sims Recycling confirms ISO 27001 certification for Noida facility
  Author: Nikita Chaurasia

SRS clients will be assured about the secure management of their IT and electronic assets by the information security management standard Sims Recycling Solutions (...

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NTT Data Services inks a definitive agreement to acquire Flux7
  Author: Nikita Chaurasia

NTT Data Services, a U.S.-based IT service provider, has reportedly inked a definitive agreement to acquire AWS premier consulting partner, Flux7 to accelerate and expand the company’s capabilities to bring IT wo...

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Cryptocurrency platform Binance acquires dApp startup DappReview
  Author: Mateen Dalal

Binance, a renowned cryptocurrency exchange platform where more than 100 cryptocurrencies are traded, reportedly announced the acquisition of DappReview, an evaluation platform offering advertising and data-driven rese...

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MedinCell secures $19Mn grant from Bill & Melinda Gates Foundation
  Author: Nikita Chaurasia

MedinCell S.A., a French pharmaceutical company, has signed an agreement with the Bill & Melinda Gates Foundation for an additional $19 million that would be offered over the next four years. The arrangement focuse...

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Enviva gets green signal to install voluntary Air Quality Equipment
  Author: Mateen Dalal

The world’s largest producer of wood pellets Enviva Partners, LP (“Enviva”) received green signal from the Virginia Department of Environmental Quality (“Virginia DEQ”) to install voluntar...

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Salesforce to use Amazon’s cloud to enhance call center services
  Author: Mateen Dalal

Salesforce will use Amazon Web Services’ technology to turn customer’s spoken words into text.   The partnership will bring...

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AeroCentury sells one of its four Bombardier CRJ900 aircraft to ASI Aero
  Author: Nikita Chaurasia

AeroCentury Corp., an aircraft operating lessor and finance company, has recently sold a Bombardier CRJ900 to aircraft manufacturer and component supplier Aeronautical Support International LLC (ASI Aero) through affil...

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Intuit launches QuickBooks Live to connect SMBs with the bookkeepers
  Author: Mateen Dalal

Software company unveiled its novel QuickBooks Live Bookkeeping service to bring together the small & medium scale business and the accountants and bookkeepers.   ...

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Autonomous mobility startup Metawave closes series A funding round
  Author: Mateen Dalal

  The investment aims at carrying out development of smart radar mechanisms for autonomous cars Metawave ...

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Aerospace company Erickson bags $996M SOF/PR Defense Contract
  Author: Nikita Chaurasia

Erickson Inc., one of the leading aerospace and aerial services provider, has been providing best-in-class aviation services for national security, defense, MRO and manufacturing sectors for years. The company aims to ...

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Waymo tests its rider only robot-taxi service in Phoenix, Arizona
  Author: Mateen Dalal

Waymo LLC, Alphabet Inc.’s self-driving technology development unit, reportedly announced that the company is now providing limited rider only robot-taxi service in Phoenix, Arizona for a few early users of its r...

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GKN Powder Metallurgy acquires printing service provider FORECAST 3D
  Author: Mateen Dalal

Additive manufacturing technology is considered to hold the potential to revolutionize the way products are manufactured, designed, and supplied. With each passing day, 3D printing is becoming an effective manufacturin...

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Hyundai plans to raise stake in China’s Sichuan Hyundai Motor
  Author: Mateen Dalal

Hyundai Motor Company identifies the significance and impact of automobiles, and strives to fulfill its goals by creating new and advanced vehicles that addresses all the vital issues faced by drivers. The automob...

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TransPerfect expands its portfolio by acquiring Sublime Subtitling
  Author: Mateen Dalal

With decades of hard work and hands-on experience, TransPerfect has managed to become one of the largest global providers of technology and language solutions for companies worldwide. With over 5,000 global organizatio...

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Altran to launch a Digital Therapeutics Innovation Center in Boston
  Author: Mateen Dalal

Digital therapeutics are evidence-based interventions conducted by advanced software programs to manage, treat or prevent clinical disorders. Its adoption has augmented the whole medical industry, making...

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Hain Celestial sells Arrowhead Mills and SunSpire to Hometown Food Co.
  Author: Mateen Dalal

Global organic chocolate market is witnessing a substantial growth due to the increasing health consciousness among customers as well as the growing demand of quality food. Owing to these reasons, the global food indus...

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Nine Entertainment attains 90% stake in radio group Macquarie Media
  Author: Mateen Dalal

The media industry has become a very competitive space lately. Especially in today’s age where consumers crave quality content, small startups have turned out to be a serious contender in this sector. In ord...

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Udaan raises $585Mn in a Series D investment round led by Tencent
  Author: Mateen Dalal

India’s unicorn startup club has been inducting new members to its ranks at an unprecedented rate over the past couple of years. Recently, unicorns, private startups valued at US$1 billion or more, have been emer...

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Japan’s SoftBank amid plans to invest in venture capital funds
  Author: Nikita Chaurasia

The conglomerate plans to mark its presence in Latin America by investing in venture capital funds, with a strategy to deploy nearly $500 million in five to 10 funds. ...

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Lyft partners with SambaSafety to improve driver monitoring solution
  Author: Mateen Dalal

The venture will offer real-time alerts of bad driver activity, thorough state motor vehicle record data and Driver scoring designed according to Lyft's safety standards. ...

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TG Manufacturing acquires contract manufacturing firm TurnKey
  Author: Nikita Chaurasia

TurnKey presently supplies a varied group of consumers in the industrial laboratory, defense and gaming industries among others. Using TGM’s ...

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Paxos rolls out new crypto-asset that is redeemable for physical gold
  Author: Mateen Dalal

Every PAX Gold token would be backed by one London Good Delivery gold’s fine troy ounce which will be stored in official vault facilities across London.   ...

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Google shifting Pixel smartphone production to Vietnam from China
  Author: Nikita Chaurasia

The company aims establish a low-cost supply chain across Southeast Asia which will work as a springboard for its increasing hardware ambitions. Th...

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Panera ties-up with delivery aggregators UberEats, GrubHub & DoorDash
  Author: Mateen Dalal

Leading bread brand Panera Bread has reportedly struck up a partnership with three third-party delivery services – UberEats, GrubHub and DoorDash. Aside from Panera’s ow...

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Ride-hailing operator Grab set to make major investment in Vietnam
  Author: Nikita Chaurasia

Leading Singapore-based ride-hailing service provider Grab is reportedly gearing up to make an investment of “several hundred million dollars” in Vietnam which it considers to be the next prominent growth m...

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Spirit Banner & Ion Energy ink new business combination agreement
  Author: Mateen Dalal

After the completion of the business combination, a Spirit Banner subsidiary will merge with Ion Energy and change its name to Ion Energy Holdings Inc.   ...

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South Korea’s KCGI is looking to acquire a stake in Asiana Airlines
  Author: Mateen Dalal

Asiana Airlines is expecting to receive its initial bids in September accompanied by binding bids in October. Korea Corporate Governance Improvement (KCGI), South K...

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Delta and Virgin Atlantic to expand transatlantic services by 2020
  Author: Mateen Dalal

This will be the first time that both the carriers will be serving Gatwick airport since their partnership in 2014 British airlines Virgin Atlantic and the American...

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Ola acquires AI firm Pikup.ai to further enhance its deep tech skills
  Author: Mateen Dalal

Startup Pikup.ai utilizes automated technologies like sensor fusion, computer vision, and Artificial Intelligence to offer AI-based solutions for businesses.   ...

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SAIC partners with Espressive to offer next-gen IT solutions
  Author: Mateen Dalal

Science Applications International Corp. (SAIC), an American IT firm that provides government services, is collaborating with Espressive, a California-based tech company that has developed AI technology for employ...

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London’s health startup Thriva bags £6M in Series A funding round
  Author: Nikita Chaurasia

The company will use this funding to build towards its ambitious vision of offering optimal healthcare to potential customers. Thriva, a UK-based health service sta...

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Electric scooter rental Bird 'flies' above $2.3B funding valuation
  Author: Mateen Dalal

Sequoia Capital may lead the upcoming funding round for Bird. It is expected to increase the startup's valuation by $0.2 billion. ...

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McDonald’s announces partnership with DoorDash for McDelivery services
  Author: Mateen Dalal

McDonalds, the American fast food chain, recently announced expansion of its delivery options with inclusion of a new delivery partner, DoorDash and has ended its exclusive partnership with UberEats, cite sources. ...

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Motorola enhances video security solutions portfolio with new buyout
  Author: Mateen Dalal

The acquisition aims at adding new features and enhancing Motorola’s existing video security solutions portfolio. Motorola – the Americ...

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Accenture announces addition of 600 jobs to Chicago operations by 2022
  Author: Nikita Chaurasia

Accenture plc, the leading professional services company that provides services in consulting, operations, strategy, digital and technology has recently announced the addition of 600 jobs to its Chicago operations by 2...

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Taku Gold acquires high-grade Portland Gold Project in Yukon
  Author: Mateen Dalal

The acquisition will support Taku’s strategy to capitalize on high-value exploration prospects within the White Gold District. Canada’s gold explor...

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Teijin Ltd to buy European auto component supplier Benet Automotive
  Author: Nikita Chaurasia

The acquisition will strengthen Teijin’s sales channels in Europe along with solution development abilities Teijin Limited, a Japanese technology driven group...

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EnPro acquires the Aseptic Group to expand fluid handling portfolio
  Author: Nikita Chaurasia

Acquisition of Aseptic Group represents the ongoing commitment towards investing in the biopharmaceutical and pharmaceutical industries EnPro Industries, a leading ...

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Orkla Food Ingredients inks agreement to buy Confection by Design
  Author: Mateen Dalal

Orkla Food Ingredients through its whole-owned arm, NIC Enterprises Limited signed an agreement with the British-based fudge and toffee manufacturer. The financial details for this deal have not been disclosed by the c...

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Kitty Hawk to partner with Boeing on the development of flying taxis
  Author: Nikita Chaurasia

The company aims to provide flying taxi services through the two-seater Cora, that can be simply summoned using an app Kitty Hawk Corporation, an American aircraft ...

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Amazon Air to commence flights to Anchorage International Airport
  Author: Nikita Chaurasia

Amazon Air recently announced that it plans to begin flights to Ted Stevens Anchorage International Airport. The airport published a post on twitter, confirming that the carrier will operate daily services to the Alask...

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JetBlue to add long-range Airbus jets to expand services to Europe
  Author: Nikita Chaurasia

·         JetBlue, in April, had given confirmation of its first service to Europe starting 2021 ·&nbs...

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Harley-Davidson inks deal to make smaller motorcycles in China
  Author: Mateen Dalal

The new bikes would have a 338cc engine, by far the smallest engine model Harley has ever made, and will be sold in China by late 2020. American motorcycle manufact...

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MobiKwik, DT One team up to offer mobile recharge services worldwide
  Author: Nikita Chaurasia

It will be the first time DT One will have mobile recharge originating from India through their network MobiKwik, an India based fintech platform, recently announce...

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Vericor selects Parker Aerospace’s fuel atomization nozzle for TF50F
  Author: Mateen Dalal

Parker Aerospace, a business division of Parker Hannifin Corporation, one of the leaders in motion & control technologies, recently announced that its PowerGen division (Gas Turbine Fuel Systems) was awarded the fu...

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Hyundai invests in Aurora to develop driverless Kia & Hyundai models
  Author: Mateen Dalal

The investment intends to bring the startup’s innovative self-driving technology to a wider range of Kia and Hyundai vehicle models.   ...

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Go-Jek acquires AI startup AirCTO to expand its operations in India
  Author: Nikita Chaurasia

AirCTO team would be joining Go-Jek immediately and will be looking at building products that speed up recruitment for Go-Jek Go-Jek, the Indonesia-based ride-haili...

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Google confirms $17m investment for Detroit and Ann Arbor expansion
  Author: Nikita Chaurasia

Google is investing millions across 14 U.S. states and the investment in Michigan is expected to add a significant number of jobs Google LLC, the multinational tech...

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Dockabl raises USD 1.26 million in pre-series A funding round
  Author: Nikita Chaurasia

The company also has plans to launch a plug and play version of its product by 2020. The India-based Saas startup Dockabl has reportedly announced that it has raise...

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AllyO secures $45m investment for its AI powered recruitment platform
  Author: Mateen Dalal

Series B financing round has brought the total funds raised by AllyO to $64 million California based AllyO, an eminent developer of AI driven job hiring products, recently announced...

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Wayland Group declares completion of transaction with ICC International
  Author: Mateen Dalal

The pro rata interest of ICC will not be raised in Wayland International by its contributions and developments. Canada-based Wayland Group has reportedly announced ...

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Ikea invests in India’s one-stop interior design platform Livspace
  Author: Mateen Dalal

The interior design platform had raised over $70 million last year with investment from TPG Growth & Goldman Sachs. The investment is Ikea&rsqu...

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Harsco signs agreement to acquire Clean Earth for $625 million
  Author: Nikita Chaurasia

The acquisition of Clean Earth is expected accretive to earnings in 2020. The companies together are expecting synergies to amount to $10 million by 2020. Harsco Co...

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Proofpoint Inc. to acquire Meta Networks Ltd. for $120 million
  Author: Mateen Dalal

The employees of Mata Networks will join Israeli team of Proofpoint after the acquisition. The U.S. based enterprise security company Proofpoint Inc. has reportedl...

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Renault to plan a joint holding company with Japanese carmaker Nissan
  Author: Nikita Chaurasia

Renault, the French multinational automobile manufacturer, has reportedly announced that it is aims to propose a plan for creating a joint holding company with Japanese multinational carmaker Nissan, which is likely to...

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Supermicro breaks ground for new facility spanning 800,000 square feet
  Author: Nikita Chaurasia

San Jose-based IT company Super Micro Computer, Inc., has made it to the headlines for officially inaugurating its all-new new 800,000-square foot establishment in Taiwan. The firm, in conjunction, is also further expa...

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Tru Optik announces $10 million funding round led by Mithera Capital
  Author: Mateen Dalal

OTT outfit Tru Optik has reportedly landed a funding worth $10 million, in a development that follows investors clamoring to enter the next ad tech wave. As per trusted sources, the...

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UGI Corp. seeks acquisition of AmeriGas’ remaining publicly held units
  Author: Mateen Dalal

UGI would be fully consolidating its ownership of AmeriGas with the acquisition of 69.2 million publicly held common units   AmeriGas u...

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SoftBank, Amazon to invest in Bengaluru-based mobility firm Drivezy
  Author: Nikita Chaurasia

The investment will help Drivezy expand its fleet across India and further help it enter into overseas markets. Japan’s renowned technology investor, SoftBank...

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Cresco Labs enters Florida market by acquiring assets of VidaCann Ltd.
  Author: Mateen Dalal

The purchase consideration is approx. $120m and would consist of a mixture of cash and Cresco Labs shares Cresco would be having 21 retail dispensaries and ...

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Hyundai Heavy Industries inks definitive agreement to acquire DSME
  Author: Mateen Dalal

The deal is anticipated to boost South Korea’s local economy and provide stable job offerings in the country. Hyundai Heavy Industries Co. (HHI), one of the w...

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Saudi’s Acwa Power signs MoU with China’s Huawei and Silk Road Fund
  Author: Mateen Dalal

Acwa Power develops such to allow the company to maintain its cost leadership and reputation. Acwa Power, the Saudi Arabia based developer of power...

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Sunday closes a $10M Series A funding round led by Vertex Ventures
  Author: Mateen Dalal

Vertex Ventures Southeast Asia & India led the Series A financial round.   A portion of the proceeds from the funding would be allo...

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Nakilat, McDermott confirm joint venture to offer fabrication services
  Author: Mateen Dalal

Shipping company Nakilat has confirmed that it is entering into an agreement with US-based McDermott to establish a strategic partnership, for creating a 60:40 joint venture entity which would provide onshore and offsh...

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Alibaba grabs 8% interest in anime and game hosting platform Bilibili
  Author: Mateen Dalal

Chinese e-commerce giant Alibaba has recently acquired an 8% stake in Bilibili, the Shanghai-based anime streaming and game publishing firm backed by Tencent. With this move, Alibaba has seemingly made another push tow...

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Rapyd raises $40 million in a Series B funding round led by Stripe
  Author: Nikita Chaurasia

Rapyd, a UK-based Fintech-as-a-Service (FaaS) platform, has raised about USD 40 million in a Series B funding round led by Stripe and General Catalyst. As per trusted sources, the latest funding round witnessed partici...

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Macquarie Group invests in Digital Reasoning to expand AI into finance
  Author: Mateen Dalal

Leading developer of Artificial Intelligence (AI) for Human Behavioral Insights (HBI) and Language Process Automation (LPA), Digital Reasoning has recently confirmed a strategic investment made in the company by financ...

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TCS and JDA Software to develop next-gen supply chain solutions
  Author: Mateen Dalal

Tata Consultancy Services (TCS), Indian IT major, recently announced a global partnership with JDA Software, a leading provider of retail solutions & supply chain, to develop next-generation cognitive solutions to ...

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SGX rejects Nutryfarm’s bid to acquire 45% stake in First Linkage
  Author: Nikita Chaurasia

Investment holding company NutryFarm International’s bid to acquire 45 percent stake in tech firm First Linkage for 90 million Chinese yuan has reportedly been rejected by the Singapore Exchange over concerns sur...

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Toyota upgrades Tacoma and TRD Pro to fortify mid-size pickup range
  Author: Mateen Dalal

The upgraded version of Tacoma midsize pickup truck has high-end features such as Apple Car Play Japanese automotive giant Toyota has reportedly launched an upgrade...

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Waymo likely to join hands with the Renault-Nissan-Mitsubishi alliance
  Author: Mateen Dalal

Nissan and its alliance partners may be planning to jointly develop unmanned taxis with Nissan’s vehicles. The globally popular automotive partnership, Renaul...

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CBRE confirms acquisition of Romonet to expand data center solutions
  Author: Nikita Chaurasia

Reports confirm that CBRE Group, Inc. has acquired the assets of leading advanced analytics software company Romonet Limited, which offers consulting and technology services to large global operators of data centers. W...

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Thai Central Group makes a $200m investment in Grab’s Thai entity
  Author: Nikita Chaurasia

Central will be acquiring a non-controlling but significant stake in the Thai entity of the Singapore based Grab. Grab, the Southeast Asian ride-hailing firm, recen...

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Lazada integrates RedMart to impel supermarket plans in Southeast Asia
  Author: Mateen Dalal

The integration is likely to expedite Lazada’s supermarket and grocery offerings to over 165,000 products. The Alibaba-backed e-commerce company Lazada has re...

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Youxing Technology inks Cooperation Agreement with Kandi JV Company
  Author: Mateen Dalal

Both companies will be deploying the online ride-sharing platform Cao Cao Zhuan Che to launch around 20,000 Kandi brand pure EVs. Kandi Electric Vehicles Group Co.,...

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DSM creates a joint venture with Nenter & Co to manufacture vitamin E
  Author: Nikita Chaurasia

DSM is likely to acquire a 75 percent stake in the joint venture for about €135 million.   The new business will exclusively manuf...

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Ad tech company OpenX signs a $110 million cloud deal with Google
  Author: Nikita Chaurasia

Post the deal execution, the company would become one of the first 100 percent cloud-based programming advertisement platforms. The U.S.-based programmatic advertis...

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Bosch buys Daimler’s stake in EM-Motive, retains full ownership
  Author: Mateen Dalal

Bosch, a world leading multinational engineering & electronics firm, is reportedly taking over EM-Motive in its entirety. Sources claim that this electric motor joint venture was founded by Bosch in conjunction wit...

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Adobe confirms acquisition of Substance tools creator Allegorithmic
  Author: Mateen Dalal

By acquiring Allegorithmic, Adobe will bring technology and talent to the company, since it has started focusing on 3D. Adobe Inc. has recently made an announcement...

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