Investment

PayU's $4.7bn deal to help digital payment industry grow BillDesk, an Indian success story and one of the leading payment businesses in the country founded in 2000, is being acquired for US$4.7 billion by PayU of the Netherlands-incorporated Prosus NV,...

Timely initiative to empower the Indian industry, especially MSMEs, says Dr. Nagahanumaiah Sweden's Hexagon (Nasdaq Stockholm: HEXA B) has entered into a partnership with India's Central Manufacturing Technology Institute (CMTI) to establish a Smart Manufacturing Development and Demonstration Cell (SMDDC),...

Mubadala, VNV Global, RDIF and Flashpoint Venture Capital invest in e-commerce business Backed by heavyweight investors with fresh US$35 million series C funding, WeFast has rebranded as Borzo to unite its businesses of 'crowdsourced same-day delivery service' in 10 difference...

Reverse Osmosis segment leads market with water-purifying technology The Indian Membrane Separation Technology Market is projected to grow at a CAGR of 12.60% through FY2027, owing to the growing demand for safe drinking water. It was valued at US$1,397.94 million...

App to use Machine Learning to personalise each customer's Health & Wellness experience BunkerFit, founded in 2020 and India's only free to use Health & Wellness app, has raised an undisclosed amount from private investors such as Airtel, Umang Bedi...

Manufacturers accelerate 'digital transformation', says Dr Dransfeld Bengalore's ITC Infotech, a leading global technology services and solutions provider, leveraging its consulting and engineering competence on the Manufacturing Execution Systems (MES) platforms, has built a differentiated offering to market - Industry...

Prosus, Invest India, Social Alpha and WHO invite startups for selecting the best assistive technology Assistive technologies is a US$25 billion market globally but affordability and user experience issues hinder the market development in India despite having a large population...

Government focuses on shipbuilding and ship repair market India is on the cusp of major maritime revolution and requires a vibrant and strong maritime industry for both economic and strategic reasons, Sarbananda Sonowal, Minister of Ports, Shipping and Waterways, has...

NGO GSEF to leverage emerging technologies for smarter water conservation Green Sheen Environment Foundation (GSEF), a non-profit organization that focuses on promising technologies like artificial intelligence (AI) and sensors for sustainable impact on the earth's natural wealth and resources, has...

Shah expects 20-25 funds to set up base in GIFT IFSC by next March Several initiatives are being undertaken at GIFT-IFSC to be a leading fund destination for both the Indian and foreign centric funds, Manoj Kumar, Executive Director, International...