Meritech to acquire Eoxys Systems India for its Push into IoT

Meritech to acquire Eoxys Systems India for its Push into IoT

BANGALORE, India, Jan. 8, 2021 /PRNewswire/ — Meritech Co., Ltd. HQ in Japan announced today that it will acquire majority stake in Bangalore-based Eoxys Systems India, which provides engineering services and solutions for IoT; through its subsidiary Meritech Software Private Limited in India. Meritech Software Private Limited (“Meritech“ ) will acquire the majority stake of Eoxys Systems India Private Limited (“Eoxys“ ) in […]

INR 200 crore public NCD issue of Edelweiss Financial Services Limited Oversubscribed

·         Issue was oversubscribed and raised INR 240.14 crore*** ·         Retail category oversubscribed 2.27 times with a total collection of ~INR 181 crores from 10,647 applications*** Chennai, January 5th, 2021: Edelweiss Financial Services Limited (EFSL), the parent arm of the Edelweiss Group, today announced that its public issue of Secured Redeemable Non-Convertible Debentures (NCDs) has been oversubscribed. The issue […]

Edelweiss-Gallagher facilitates Pandemic Group Insurance cover for India’s informal sector workers

Edelweiss-Gallagher, a composite insurance broker in India, has facilitated a Pandemic Group Insurance product for informal sector and frontline workers across industries in India. This initiative was launched recently with a comprehensive COVID-19 indemnity cover solution and is backed by India’s top insurers. This Group level insurance solution will provide an insurance cover to food […]

Venture Catalysts backs EdTech Startup Qin1

As the novel coronavirus cases continue to spread, Venture Catalysts, India’s first, largest and pioneering integrated incubator and accelerator platform, has set its eyes on a booming sector – EdTech. The venture capital fund recently invested an undisclosed amount in EdTech startup Qin1. SKS advisors helped Qin1 in closing this transaction. Seasoned investors like Ankit Bhati […] and Columbia Asia India Collaborate To Enhance Teleconsultation Services,’s primary healthcare vertical, announced that it has partnered with Columbia Asia India, one of the largest and fastest-growing healthcare companies in Asia, to enhance its teleconsultation services in the country. As part of the collaboration, doctors from more than 20 specialties and super specialties from Columbia Asia will be available on the […]

Online Education Market was Estimated to be US$ 59.83 Bn in 2019 and is Expected to Grow at a CAGR of 18.8% Over the Forecast Period, Says Absolute Markets Insights

Evaluation of a person’s abilities can be done through several means. However, the basic principle, which is the comparison of an individual’s abilities with that of his peers, remains the same. China is considered as the first country to have a standardized examination system. This system can be traced back to the early 6th AD. Education has […]

COVID-19 pandemic leaves the private healthcare sector in financial distress: FICCI-EY Study

COVID-19 pandemic leaves the private healthcare sector in financial distress: FICCI-EY Study

►    The COVID-19 pandemic has caused an adverse impact on the private healthcare sector resulting in 70 – 80% drop in footfall, test volumes and 50-70% drop in revenue in last ten days of March; expected to sustain in month of April with continued lock down ►    Many small hospitals and nursing homes, especially in tier-II and III […]

COVID-19 and Labour Law Compliance

Aparajitha Corporate Services Private Limited, the country’s No. 1 company for Compliance, organised a ‘60 Minutes Compliance’ webinar to discuss the impact of the COVID-19 lockdown on Labour Law Compliance. The webinar was aimed towards benefitting the companies and their Human Resource fraternity by providing several guidelines in order to help them survive through the […]