by PTI News | Jan 20, 2022 | 3:04 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Bengaluru-based social investment startup StockGro on Thursday said it has concluded a USD 32 million (around Rs 232 crore) funding round that was led by global investors, including Bitkraft Ventures, General Catalyst and Lightrocks co-founder Itai Tsiddon.Existing investors such as Roots Ventures and Creed Capital Asia also participated in the [...]
by PTI News | Jan 20, 2022 | 3:00 pm | Corporate Action, News
- These industry veterans have joined the Office Services and Project Management teams to drive Colliers' aggressive expansionary strategy MUMBAI, India, Jan. 20, 2022 /PRNewswire/ -- Leading diversified professional services and investment management firm Colliers (NASDAQ: CIGI) (TSX: CIGI) today announced the appointment of three senior executives, who have joined Colliers' office in Mumbai, as [...]
by PTI News | Jan 20, 2022 | 2:58 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Larsen & Toubro (L&T) on Thursday said its heavy engineering arm has dispatched six of the world's largest coke drums to Mexico. These coke drums were successfully manufactured during the COVID-19 pandemic at L&T's state-of-the-art Heavy Engineering Complex located at Hazira near Surat, the company said in a statement. "The [...]
by PTI News | Jan 20, 2022 | 1:57 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Toyota Kirloskar Motor on Thursday launched the iconic SUV model Hilux in the country.The automaker, which is a joint venture between the Japanese Toyota Motor Company and Kirloskar Group, has commenced bookings for the model, with deliveries expected to begin in April.The company noted that the vehicle would come with [...]
by PTI News | Jan 20, 2022 | 1:46 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Silver jewellery startup GIVA has raised USD 10 million (around Rs 74 crore) from investors including Sixth Sense Ventures, to grow its business through offline and online mode. The company, in its series A funding round, raised USD 10 million, led by D2C-focused venture capital funds Sixth Sense Ventures, A91 Partners and [...]
by PTI News | Jan 20, 2022 | 1:26 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) The global solar sector has witnessed total corporate funding of USD 27.8 billion in 2021, the highest in the last 10 years, according to Mercom Capital Group.Corporate funding includes venture capital and private equity (VC), debt financing, and public market financing.In its latest report, the global clean energy consulting firm [...]
by PTI News | Jan 20, 2022 | 1:10 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Exxelia, a leading designer and manufacturer of high-performance passive components and sub-systems, on Thursday said it has acquired a majority stake in Alcon Electronics for nearly USD 100 million. Exxelia completed the majority acquisition of Alcon Electronics on December 29, 2021, according to a company statement. "We are excited to [...]
by PTI News | Jan 20, 2022 | 1:09 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) In a major relief to IT firm HCL Technologies, the National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings initiated against it on a plea filed by a creditor.A two-member NCLAT bench, while admitting the petition filed by HCL Tech MD and CEO C Vijayakumar stayed the National [...]
by PTI News | Jan 20, 2022 | 12:37 pm | Corporate Action, News
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, [...]
by PTI News | Jan 20, 2022 | 12:07 pm | Corporate Action, News
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 [...]
