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Clio raises $250 million in a Series D funding by TCV and JMI Equity

Published Date: 2019-09-06         Author: Shikha Sinha

The cloud-based legal technology startup hits a historic mark in future of legal industry with this investment. Clio, a leading legal software company has recently announced that it has bagged US$250 million in Series D funding from American equity firms JMI Equity and TCV. According to sour... Read More

HSBC executes first blockchain letter of credit transaction in yuan

Published Date: 2019-09-03         Author: Pankaj Singh

The investment bank is on the lookout to make use of blockchain with the perspective to streamline the conventional and administrative business of financing trade.   The deal marks a step ahead in the use of Voltron trade finance platform. London headquartered, HSBC Holdings has rep... Read More

Ofatumumab shows better efficacy versus Teriflunomide in RMS studies

Published Date: 2019-08-31         Author: Pankaj Singh

Head to head Phase III ASCLEPIOS studies I & II of OMB157 (ofatumumab) have revealed considerable superiority in reducing the ARR (annualized relapsed rate) in patients suffering from RMS (relapsing forms of multiple sclerosis) in comparison with terinuflomide. OMB157 also met the secondary... Read More

NIC to offer its platform of outdoor renovation technology to Illinois

Published Date: 2019-08-30         Author: Saipriya Iyer

It is a part of the company’s aim to make state facilities more accessible by digital government services, which will make enjoying in Illinois’ great outdoors easier. This strategy aims towards a user-friendly experience for people who hunt and fish around Illinois or frequently vi... Read More

Co-working firm Spacious the latest in WeWork’s acquisition spree

Published Date: 2019-08-29         Author: Shikha Sinha

New York-based co-working business, The We Company, formerly known as WeWork, has today announced its acquisition of rival start-up Spacious. The company, formed three years ago, is focused on converting restaurants closed during the day into efficient spaces for co-working. WeWork is a part of many... Read More

Freshtohome raises $20 million in its Series B investment round

Published Date: 2019-08-28         Author: Saipriya Iyer

Freshtohome had raised $11 million three months ago in Series A investment round led by CE-Ventures.   Freshtohome will utilize the funds for expansion in UAE, India and further diversify its product portfolio. Freshtohome Foods Pvt. Ltd., an online meat and fish selling company bas... Read More

SoftBank in talks to invest $150M in Dailyhunt and $400M in Lenskart

Published Date: 2019-08-27         Author: Shikha Sinha

SoftBank is expected to lead a $250 million round with private equity major Carlyle for Dailyhunt   South American conglomerate Synergy Group also hopes to invest in India’s Jet Airways. SoftBank Group Corp., a Japanese multinational conglomerate, is reportedly in talks to clo... Read More

DP World & Jafza present their product potential at FoodPro exhibition

Published Date: 2019-08-26         Author: Pankaj Singh

DP World UAE Region is conducting a seminar in FoodPro’s 13th edition, the biggest F&B event in India, with CII as an element of its “India-UAE Bridge”.   The economic relations of the two countries have grew stronger due to the trade, which exceeded over $60 billio... Read More

Alight announces acquisition of NGA HR to expand global footprint

Published Date: 2019-08-24         Author: Pankaj Singh

The company is in talks to acquire one of the largest global payroll and HR solutions providers, NGA Human Resources. Acquisition is expected to expand the company's global market with offering the clients a broader spectrum of cloud-based solutions. Human Capital and benefit administr... Read More

Alight announces acquisition of NGA HR to expand global footprint

Published Date: 2019-08-24         Author: Pankaj Singh

The company is in talks to acquire one of the largest global payroll and HR solutions providers, NGA Human Resources.   Acquisition is expected to expand the company's global market with offering the clients a broader spectrum of cloud-based solutions. Human Capital and benefit ... Read More

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