Investment

Akash Ambani says Jio-TWO to expedite development of interactive AI, immersive gaming and metaverse Jio Platforms Limited is investing US$15 million in Two Platforms Inc., a Pranav Mistry-founded Silicon Valley-based deep tech Artificial Reality startup focused on building interactive and...

As Europe adopt medical cannabis, the ability to leverage and access newer geographies will be key, says Aghanian Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) has entered into a definitive agreement to acquire Nimbus Health...

Patel looks for product collaboration with other companies California-headquartered APNAR Pharma LP, with manufacturing centres in Gavasad, Gujarat, and East Windsor, New Jersey, has acquired Aurex Laboratories for an undisclosed amount. This acquisition enhances APNAR's capabilities, scale, and global footprint...

Globally, 1 in 3 consumers have begun using digital payments in 2021, says Kawar Dubai-headquartered Qlub, which has launched its ultra-fast payment solution in the United Arab Emirates, Saudi Arabia and India, has raised US$17 million in seed financing from...

President says 7 mega Integrated Textile Regions and Apparel Parks approved The President Ram Nath Kovind said that the inflow of US$48 billion in investment in the first seven months of the current financial year was a testimony to the...

Australian firms are increasing their digitalization efforts to become more competitive, says Desarkar BSE-NSE-listed Hinduja Global Solutions Ltd's (HGS) subsidiary, HGS International Mauritius, is acquiring Australia's Diversify Offshore Staffing Solutions Pty Ltd which serves Australian-New Zealand-American markets with value-added BPM...

Economic complementarities can be fully realized between India and Central Asia, says Banerjee Developing a good trade and investment relationship with the Central Asian Republics (CARs) is of high strategic and economic importance for India, and the recently held summit...

Newly appointed CEO Pandya to lead European and APAC operations With a US$100 million from the recent Series C round, supported by SoftBank Vision Fund 2 and General Atlantic, Bengaluru-based Pixis is expanding in Europe and plans to continue rapidly...

Mittal says Airtel-Google share the vision to grow India's digital dividend Google intends to invest up to US$1 billion, as part of its 'Google for India Digitization Fund', which includes equity investment as well as a corpus for potential commercial...

Tata Group has also taken over Air India Express and a 50% stake in Air India SATS The Air India strategic disinvestment transaction has been completed on 27 Jan 2022 with Government receiving a consideration of Rs.2,700 crore from the...