Investment

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...

Nepal Desk to serve businesses in both countries, says Bhatnagar The State Bank of India (SBI) is open for meeting the financing requirements of Himachal Pradesh’s industries, both MSMEs and large corporates, and has assured the bank’s unwavering support for...

Significant growth seen in export markets A significant economic recovery is on the anvil in 2021-22 as indicated by a CEOs poll conducted among 117 Senior CEOs at a recent meeting of the CII National Council. Majority of the CEOs...