Legal platform, Rulezero, on Monday said it has raised Rs10 crore in seed funding led by Zerodha-backed startup incubator, Rainmatter Capital, as it looks to enhance its technology and increase customer deployments. The...
FuelBuddy acquires MyPetrolPump in an all-cash and stock deal
Delhi-based fuel delivery startup FuelBuddy has acquired Bangalore based on-demand fuel delivery startup MyPetrolPump, a venture owned by ANB Fuels Pvt. Ltd., for a cash and stock consideration. FuelBuddy is an app...
Tata Consumer looks to step up acquisition, organic growth plans
The pandemic’s second wave is much more widespread than the first, affecting rural areas that were largely untouched last year, said Sunil D’Souza, managing director and chief executive of Tata Consumer Products Ltd...
‘M&A key part of Cognizant’s capital allocation strategy’
Cognizant Technology Solutions Corp. has raised its 2021 revenue growth forecast to 5.6-7.6% in constant currency from the 4-7% it had estimated earlier, amid a strong business environment and deal momentum. Revenue for...
Hwy Haul raises $10 million in series A funding
California-based supply chain logistics startup Hwy Haul on Thursday said it has raised $10 million as a part of its series A round led by US-based venture capital firms Eileses Capital and BluePointe Ventures. Other...
Adman Sajan Raj Kurup invests in gaming startup Revenant Esports
Ventureland Asia, the investment division of ad firm Creativeland Asia run by Sajan Raj Kurup, has invested $1 million in gaming startup Revenant Esports. With this investment, Kurup has become a 40% stakeholder in the...
The first major acquisition by Netflix ought to be Discovery
The streaming entertainment wars are leaving smaller programmers and studios faced with the inevitability of selling to one of a handful of companies set to dominate the world of online video subscriptions: Amazon.com...
Supreme Court defers Amazon-Future case hearing to end-June
The Supreme Court has deferred the hearing of the Amazon-Future dispute by nearly two months to 28 June as it attends to more pressing matters amid the raging viral pandemic, two people aware of the matter said. The top...
Nissan follows Renault in selling $1.4 bn Daimler stake
Nissan Motor Co. is selling stock it owns in Daimler AG worth about 1.19 billion euros ($1.4 billion), joining its partner Renault SA in generating funds for turnaround efforts. Nissan is offering about 16.4 million...
Arthya Wealth raises $1 million in Pre-Series A funding
Wealth management and investment advisory firm, Arthya Wealth & Investments on Tuesday said that it has raised $1 million as a part of its pre-series A funding led by family offices of industrialist Rishi Kumar...
B2B retail platform 6Degree raises $1 million in funding
Business-to-business (B2B) retail platform, 6Degree on Tuesday said that it has raised $1 million from Hyderabad headquartered SucSEED Indovation Fund, Kieretsu Forum, SucSEED Angel Network and AngelBay, as it looks to...
Still keen to pick up stake in IndiGo: Qatar Airways group CEO
Qatar Airways has dispatched a flight of aircraft carrying 300 tonnes of coronavirus aid, free of charge, from around the world to India and will be flying in more such aid shipments into the country. The Doha...
