New Delhi, Jan 20 (PTI) SaaS Labs, which builds business automation tools for sales and support teams worldwide, has raised USD 42 million (about Rs 312 crore) in a funding round led by Sequoia Capital India. The Series B funding round also saw participation from existing investors -- Base 10 Partners and Eight Roads Ventures, [...]
New Delhi, Jan 20 (PTI) Chennai-based medical device firm Kriya Medical Technologies on Thursday said it has received Indian Council of Medical Research approval for Krivida Novus COVID-19 testing kit -- developed in collaboration with ImmuGenix Bioscience -- that can also detect the Omicron variant.The kit detects the SARS-CoV-2 virus and also differentiates the Omicron [...]
New Delhi, Jan 20 (PTI) Natural beauty care company Lotus Herbals on Thursday said it has acquired a 25 per cent stake in direct-to-consumer brand Conscious Chemist. Conscious Chemist is a new-age clean beauty brand operating in the skincare category. The company, however, did not disclose the financial details of the transaction. Commenting on the [...]
New Delhi, Jan 20 (PTI) Shares of CEAT Ltd witnessed heavy selling pressure in early trade on Thursday after the tyre major reported a consolidated net loss of Rs 20 crore for the December 2021 quarter. The stock slumped to a 52-week low of Rs 1,051.30 on the BSE, registering a fall of 7.24 per [...]
New Delhi, Jan 20 (PTI) California-based technology company Pixis (formerly known as Pyxis One) on Thursday said it has raised USD 100 million (about Rs 743.8 crore) in funding, led by SoftBank Vision Fund 2. The Series C round also saw participation from new investor General Atlantic, and existing investors Celesta Capital, Premji Invest, and [...]
New Delhi, Jan 20 (PTI) Shares of PTC India Financial Services slumped over 19 per cent in early trade on Thursday after all three independent directors on the company’s board resigned over corporate governance issues and other matters. On the BSE, the shares tanked 19.49 per cent to a low of Rs 20.65 in early [...]
New Delhi, Jan 20 (PTI) Bharti Group-backed company OneWeb and satellite service provider Hughes Network Systems have signed a strategic six-year distribution agreement to provide satellite broadband services across India, a joint statement said on Thursday.The services in India will be provided by Hughes and Bharti Airtel joint venture Hughes Communications India Private Ltd.The agreement [...]
New Delhi, Jan 20 (PTI) Cadila Healthcare Ltd on Thursday said group firm Zydus has received final approval from the US health regulator to market its generic version of Vigabatrin tablets to treat babies with infantile spasms and epilepsy in combination with other medications. The approval by the US Food and Drug Administration is for [...]
Talend extends Artha Solutions for another year HYDERABAD, India and SCOTTSDALE, Ariz., Jan. 20, 2022 /PRNewswire/ -- Artha Solutions, a leading data technology, and business consulting firm, today announced the extension of its contract with Talend to represent them as the exclusive Master Value Added Reseller in India. This contract is an extension to the [...]
