About Author
Shikha Sinha
Shikha Sinha currently pens down content for fractovia.org, a news platform which provides the latest business highlights and industry trends. Shikha also is a contributor on various other online media websites where she writes informative, research-oriented content spanning the retail, healthcare, F&B, and technology sectors. As her first stint in writing, Shikha was an active contributor on Yahoo Voices where she penned down creative and imaginative pieces. She holds a Bachelor of Technology degree in Electrical and Electronics Engineering. She can be contacted at- [email protected] | https://twitter.com/shikhas999
Contribution by Shikha Sinha
Japan’s SoftBank struggling with raising money for its latest fund
Japanese business SoftBank Group has been reportedly struggling to raise money for its latest fund. In a bid to raise $100 billion for its next fund, SoftBank obtained tepid reception from some of the world’s leading investors. Some of these investors planned to make limited or no contribution... Read More
Reg UK closes GBP2.4m funding round to expand risk management platform
Reports confirm that Reg UK (REG), the provider of a range of risk management and data analytics solutions to insurance intermediaries worldwide, has recently completed a GBP2.4 million round of funding. The additional capital will further allow investments in the platform, systems, and people to re... Read More
ONGC, GIP & Tripura govt looking to acquire interest of IL&FS in OTPC
Oil and Natural Gas Corporation (ONGC)- India’s state-run oil & gas firm, Global Infrastructure Partners (GIP) and the government of Tripura, a state in northeast India, are reportedly looking to acquire the INR 3,804 crore stake Infrastructure Leasing & Financial Services Ltd (IL&... Read More
Mahindra Partners makes Rs 226 crore investment in Centre for Sight
Mahindra Partners, the private equity and corporate venture capital arm of Indian conglomerate Mahindra Group, has recently announced that it would be investing Rs 206.5 crore in eye care chain Centre for Sight. With this move, Matrix Partners India would be able to completely shed its stake in the ... Read More
Osram, FSG join forces on turnkey IoT solutions for smart buildings
Osram, a multinational high-tech lightening company, and Facility Solutions Group (FSG), a leading provider of building technology system design, integration, installation and managed services, have reportedly announced a collaborative partnership to provide turnkey smart building IoT solutions to t... Read More
Valmet to supply Algeria’s Faderco with second tissue production line
Valmet, a leading global developer and a supplier of technologies and automation systems for the paper and pulp sector, has announced that it will deliver a complete Advantage DCT 100HS tissue production line to Algerian paper company Faderco, which specializes in the manufacture of hygiene products... Read More
Nestle to trim down delivery network in U.S., will affect 4,000 jobs
Reports confirm that Nestle SA’s U.S. division would be shutting down its direct-to-store delivery network for ice cream and pizza products, such as Skinny Cow and DiGiorno, starting in the third quarter. Apparently, it could result in laying off of around 4000 workers as it stops deliverin... Read More
BigBasket achieves unicorn status after new $150 million funding round
Reports confirm that Supermarket Grocery Supplies (SGSPL), owner of the BigBasket brand, has secured $150 million in new round of funding led by Mirae Asset-Naver Asia Growth fund, one of the leading investors operating in global growth markets, Alibaba Group and CDC Group, the UK Government’s... Read More
Samaritans partners with tech giants to tackle harmful online content
In a move to restrict the drastic impact of harmful online content, tech conglomerates including Facebook, Snapchat and Google have reportedly joined hands with UK-based charity organization Samaritans, in a new government-aided project. For the uninitiated, Samaritans, founded in 1953, is a UK b... Read More
Leading gaming platform MPL raises around $35.5M in Series A round
India-based gaming platform MPL (Mobile Premier League) has reportedly secured up to $35.5 million in its latest Series A funding round. The latest investment involved the participation of Sequoia India, GoVentures and Times Internet, alongside other investors including BeeNext, RTP Global, Venture ... Read More