The Indus Entrepreneurs (TiE) announced plans to launch a chapter in Telengana’s Nizamabad district in order to boost entrepreneurship in the region. In addition to this, the organization plans to have a corpus of Rs. 20 lakh for building and nurturing the startup ecosystem. The Nizamabad chapter will foster startups in areas like agri-tech and […]
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Medtech startup, Axio Biosolutions announced that it has raised $7.4 million (approximately Rs 47 crore) in a Series B funding round led by Ratan Tata’s RNT Capital. The round also saw participation from existing investors Accel Partners and IDG Ventures India. In addition to this, the round also gave an exit to the startup’s first […]
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A California-based construction startup, Katerra, which simplifies the construction process for a variety of projects, has raised $856 million in its latest round. The company works to simplify the experience by giving users one place to find answers to their needs in the different aspects of a construction project including architectural design, construction, obtaining of […]
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Future Supply Chain Solutions announced that it will fully acquire e-commerce giant, Snapdeal’s primary logistics arm Vulcan Express in a Rs 35 crore all cash deal. “Through Vulcan, we plan to boost our last mile capabilities and also offer state of the art solutions to our e-commerce and retail clients , including realising our disruptive […]
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The American automaker Ford Motor Co announced on Thursday its acquisition of Autonomic Technologies Inc and TransLoc Inc for undisclosed sums. The acquisition is a part of Ford’s broader agenda to expand into the ride services and transport businesses. As per a statement released by Ford, Sunny Madra CEO of Autonomic Technologies Inc will join […]
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