DMI Finance Acquires a Controlling Interest in Appnit Technologies

Chennai, 28 March 2022: DMI Finance Private Limited (“DMI”) today announced that it has acquired a controlling interest in Prepaid Payment Instruments (“PPI”) license holder, Appnit Technologies Private Limited (“Appnit”). Appnit will become a subsidiary of DMI Finance. Appnit’s customer-facing brand Oxymoney provides services including various wallet services, money transfers, AePS, utility bill payments, and micro ATMs, […]

Test and Measurement Equipment Market to Reach USD 17660 Million by 2028 at a CAGR of 6.8% | Valuates Reports

BANGALORE, India, March 25, 2022 /PRNewswire/ — The Global Test and Measurement Equipment Market is Segmented by Type (Microwave/ Millimeter-wave Measuring Instruments, Photoelectric Measuring Instruments, Communication Measuring Instruments, Basic Measuring Instruments), by Application (Healthcare (Medical & Pharmaceuticals), Automotive, Aerospace & Defense, IT & Telecommunications, Industrial): Opportunity Analysis and Industry Forecast, 2021–2028. It is published in Valuates Reports under the Electronics & Electrical Category. […]

India’s Largest Digital Healthcare Company MediBuddy Raises USD 125 Million in Series C Funding

BANGALORE, India, Feb. 24, 2022 /PRNewswire/ — MediBuddy, India’s largest end-to-end digital healthcare platform, has raised USD 125 million in Series C funding from Quadria Capital and Lightrock India along with participation from existing investors Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, JAFCO Asia, TEAMFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, and Alteria Capital. MediBuddy provides its users with 24×7 access to specialist doctors […]

Udaan shipped over 260 million products across 1000 cities of Bharat in 2021

625 sellers achieved sales of over Rs 1 Cr each in 2021 100+ million Electronics products, 130+ million Lifestyle products, 30+ million General Merchandise products, 20 lac tonnes Essentials were sold on the udaan platform Essentials Business witnessed a growth of over 30%; FMCG category grew by 77% Over 5 lac new retailers / kirana […]

PRICOL inks Strategic Technology Alliance With SIBROS

PRICOL inks Strategic Technology Alliance With SIBROS

~ Partnership aims to deliver Deep Connected Vehicle Solutions in the Indian and ASEAN markets ~ Coimbatore, February 23, 2022: Pricol Limited (BSE: 540293; NSE: PRICOLLTD), one of India’s leading automotive technology companies, today announced a strategic technology partnership with Sibros Technologies, Inc., a California based award winning company providing Over-the-Air (OTA) connected vehicle software systems for OEMs worldwide, to deliver Deep Connected […]

Hilton India and Sakurafresh brew up a Strategic Beverage Partnership Program to meet the evolving interest and demand of Zero Alcohol Beverages in India

~First-of-its-kind partnership to develop a comprehensive beverage program catering to consumers who are inclined towards Zero alcohol beverage options~ India, February 21, 2022 – As part of its commitment to provide guests with innovative food and beverage offerings, Hilton India announced a Strategic Beverage Partnership Program with Sakurafresh Beverage and Food. The collaboration marks a first-of-its-kind […]

IDFC Mutual Fund Encourages Investors To Keep Emotions Out of Investing With Innovative Balanced Advantage Fund Campaign

Bengaluru, January 06, 2022: Market volatility can lead investors to be driven by emotions and take irrational decisions. A disciplined asset allocation strategy can help reduce investment biases leading to better long-term results. This simple yet critical message forms the core of IDFC Mutual Fund’s latest investor awareness campaign which was launched today. Themed #InvestmentMeinNoEmotion (microsite: https://cutt.ly/vUJAlI1 ), the campaign highlights the Balanced […]

MAN Industries (India) Ltd. bags new orders worth INR 225 Crores

Chennai, 23rd December 2021: Man Industries (India) Limited, one of India’s leading Large Diameter Pipe manufacturing companies, has announced today that the company has bagged new orders worth approximately INR 225 crores for the manufacturing of pipes. This assertion has resulted in the new orders tally reaching approximately INR 900 crores in the current quarter. With this recent announcement, the […]

Advent International Acquires Majority Stake in Encora, a Leading Provider of Digital Engineering Services

BOSTON and SCOTTSDALE, Ariz., Dec. 21, 2021 /PRNewswire/ — Encora, a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally-native companies and Advent International (“Advent”), a leading global private equity firm, today announced that Advent has acquired a majority stake in Encora’s business. As part of the agreement, Warburg Pincus, the existing majority shareholder of […]

Leading EMS Company Syrma SGS Technology files for IPO to raise Rs 1,200 Cr

Chennai , 15.12.21: Syrma SGS Technology, one of the fastest growing Indian headquartered provider of electronic design and manufacturing services for global & domestic Original Design and equipment manufacturers (ODMs and OEMs), has filed its draft red herring prospectus (DRHP) with market regulator Sebi for initial public offering. As per market sources, the company is […]