Mumbai, Maharashtra, India – Business Wire India Arch Pharmalabs Ltd., India, announced the signing of a Technology Access & Services Agreement with Orochem Technologies Inc., USA, on an exclusive basis. The Agreement allows Arch to collaborate with Orochem for using Orochem’s proprietary Simulated Moving Bed (SMB) platform for Pharmaceutical and other applications. Simulated Moving Bed [...]
New Delhi, Jan 10 (PTI) Dietary supplement brand Power Gummies on Monday said it has raised USD 6 million (about Rs 44.4 crore) in funding led by 9Unicorns. The series A round also saw participation from Vcats, DSG Consumer Partners, Wipro Consumer Care Ventures, Sharpp Ventures (Marico Family office) and NB Ventures, a statement said. [...]
New Delhi, Jan 10 (PTI) SaaS management platform Zluri on Monday said it has raised USD 10 million (about Rs 74.1 crore) in funding led by MassMutual Ventures. The series A round also saw participation from existing investors, Endiya Partners and Kalaari Capital, according to a statement. The company plans to use the capital to [...]
Bengaluru, Jan 10 (PTI) SaaS Management Platform Zluri has raised USD ten million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital. Zluri had previously raised USD two million, from Endiya Partners and Kalaari Capital, in its seed round in January 2021. The [...]
NEW DELHI, Jan. 10, 2022 /PRNewswire/ -- Polestar Solutions, a leading player in data analytics and enterprise performance management (EPM), announced today that it has raised an undisclosed amount in series-A funding from a US-based strategic investor. The round of investment is driven by the significant revenue growth, strong traction (across segments and geographies), and [...]
Beijing, Jan 9 (PTI) Former RBI Governor Urjit Patel has been appointed as a Vice President of the Beijing-based multilateral funding institution AIIB, according to sources in the bank on Sunday. India is a founding member of the Asian Infrastructure Investment Bank (AIIB) with the second highest voting share after China. It is headed by [...]
New Delhi, Jan 9 (PTI) Billionaire Gautam Adani's logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen projects, generation of low carbon electricity and manufacture of wind turbines, solar modules and batteries as it looks to become the world's largest renewable energy company and produce the cheapest hydrogen. Adani had in [...]
New Delhi, Jan 9 (PTI) Alliance Air, a subsidiary of Air India, has issued a tender to refurbish its entire fleet of 18 ATR-72 aircraft. Air India, after its successful sale to the Tata Group in October last year, is expected to be handed over to the conglomerate in the first half of this year. [...]
New Delhi, Jan 9 (PTI) Electric two-wheeler maker AMO Electric is looking to raise about USD 100 million next fiscal as it looks to scale up R&D to introduce new products, expand manufacturing capacity and enhance sales infra across the country in order to consolidate its position in the sector. The Noida-based company currently sells [...]
New Delhi, Jan 8 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd on Saturday announced acquisition of New York's premium luxury hotel Mandarin Oriental for USD 98.15 million. Set up in 2003, Mandarin Oriental New York is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle. [...]