Page 159 - Companies

BluePi partners with Snowflake to enable the fast-growing BFSI sector

BluePi Solutions, an established player in data-driven solutions, today, announced the partnership withThis partnership is aimed to serve the financial sector in India, for liberating valued, siloed data and unlocking meaningful insights.Snowflake recently launched its financial services Data Cloud with more than 600 industry data partners, as well as large customers, such as BlackRock, Capital One and Western Union. The BFSI players can leverage Snowflake's Financial Services Data Cloud to launch new customer-centric products and services, build fintech platforms of the future and accelerate their regulatory compliance.With India set to become the third largest domestic banking sector by 2050, implementing the right technology will help accelerate the expected growth.Announcing the partnership, Pronam Chatterjee, Co-founder and CEO, BluePi Consulting, said, "We are indeed happy to partner Snowflake, the global technology leader in Data Cloud and consider this an important milestone ..

Macrotech ties up with Morgan Stanley to build warehousing project

Realty firm Macrotech Developers said it has partnered with Morgan Stanley Real Estate Investing to develop a premium warehousing project near Mumbai with an investment of Rs 600 crore.

Validus Wealth plans to grow AUM five times in next three years

The company has crossed the USD 1-billion mark in three years of operations

Indian firms take part in exhibition in Nepal to promote bilateral trade

Around 50 Indian companies are taking part in a three-day business exhibition in Nepal, aimed to promote Brand India and enhance bilateral trade and investment by creating awareness about trade opportunities available on both sides. The December 21-23 Enterprise India 2022 is being held at Bhrikutimandap Exhibition Hall in Kathmandu. Namgya Khampa, Chargs d'Affaires, Indian Embassy, opened the exhibition and interacted with the Indian and Nepali companies participating in the event. "She also encouraged the organisers to explore B2B partnerships with Nepali entrepreneurs in order to strengthen commercial ties between the two countries," according to a press release issued by the Indian Embassy on Wednesday. The event is being organised by the Confederation of Indian Industry (CII) with the support of Ministry of Commerce & Industry, Government of India. "The exhibition aims to promote Brand India and enhance bilateral trade and investment by creating awareness on business ...

Distribution and logistics startup Ripplr raises $12 mn in debt, equity

The pre-series- B funding round also saw participation from existing investors 3one4 Capital, Zephyr Peacock India Growth Fund, and Chand Family Office

58% of construction work in DRDO not completed on time between 2014-19: CAG

The national auditor found that 38 scientists of the DRDO were posted in the construction works department without the approval of the Ministry of Defence

Lifestyle, mobility brand Ninety One raises Rs 225 cr in Series A round

Following the capital injection, Ninety One, from AlphaVector (India), is now valued at Rs 1000 crore

Unbox Robotics raises $7 million in Series-A round led by 3one4 Capital

Supply chain robotics technology company Unbox Robotics announced on Wednesday it raised USD seven million in a Series-A round led by 3one4 Capital with participation from Sixth Sense Ventures and Redstart Labs (Info Edge). The round also saw participation from Unbox Robotics' founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, alongside its existing investors - US-based venture capital firm SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat's Force Ventures, Dr Vijay Kedia (Kedia Securities), Aditya Singh (Stride Ventures) and Pavitar Singh (Sprinklr). Other investors who participated in the round include Rahul Chaudhary (Treebo Hotels), Nikhil Vora and Kathan Shah (Sixth Sense Ventures), and Veda VC, it said in a statement. "The funds raised will be primarily used to expand the team across functions, fulfil the customer demand internationally, R & D and expand to new geographies", it said. The company said it has already onboarded some of the largest ...

Zee Entertainment finalises deal with Sony's India unit to merge services

Sony's India unit and its local rival, Zee Entertainment, have finalised a deal to merge television channels, film assets and streaming platforms, Zee said on Wednesday.

Reliance General Insurance to soon launch nine sandbox approved products

The Reliance General Insurance Company said on Tuesday that it will soon come out with nine sandbox products to meet evolving consumer needs

ITC raises stake in Delectable Technologies to 27.34%

The company's shareholding in Delectable aggregates 27.34 per cent of its share capital on a fully diluted basis

Octopus Energy, Sterlite Power team up to decarbonise Indian industry

Octopus Energy and Sterlite Power have inked a pact to help decarbonise the Indian industry and bring cheaper green power to consumers around the world

Tech-enabled meat, seafood ordering platform TenderCuts raises Rs 30 cr

Since its commencement, Stride Ventures has focused on investing across sectors

Feminine hygiene startup Sirona raises Rs 100 cr from Good Glamm Group

Feminine hygiene startup Sirona on Tuesday said it has raised Rs 100 crore in funding from Good Glamm Group.

Samsung takes over Intel as top chipmaker by revenue in Q3: Report

Samsung Electronics took over the top spot in the global semiconductor market by revenue in the third quarter on the back of strong memory chip sales, a new report revealed on Tuesday.

Bizongo valuation at $600 mn, raises $110 mn in funding led by Tiger Global

The company will deploy the fresh funds in ramping up its business and tech teams to develop a suite of digital services for both sides of the marketplace

IPO-bound OYO defies pandemic, set to meet investors' expectations

IPO-bound Oravel Stays Ltd, or OYO, amid pandemic revamped its operations and business strategies to not only stay afloat but also emerge stronger.

SafeStorage plans foray into Delhi, Gurgaon, Kolkata and Bhubaneswar

At present, the company is present in five cities -- Bengaluru, Hyderabad, Chennai, Mumbai and Pune -- with a storage space of around 850,000 square feet in over 30 warehouses

CARS24 raised $400 mn in new funding round, now valued at $3.3 bn

India's CARS24 said it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.

Foxconn staff protest as 159 hospitalised after food poisoning

Foxconn has reportedly 5,000-7,000 workers in the unit