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Swiggy eying to raise $500 million through South Korean funding
Swiggy, the online food delivery app is planning to raise funds for its next phase of expansion. The company is reportedly in talks with South Korean venture capital funds, including STIC Investments, Korea Investment Partners, Neoplux & Mirae Asset Management, to bag $500 million in a funding r... Read More
Interbit to upgrade InterbitTM platform, signs contract with Xinova
Interbit Ltd., a technology platform provider, recently announced progress of its proprietary technology platform, InterbitTM. The company revealed that it would focus solely on the development of the proprietary platform & is testing its performance to allow support of commercial opportunities ... Read More
Amazon extends anti-counterfeit Transparency program beyond U.S.
Amazon has recently announced that it is expanding the Transparency program, an initiative to address counterfeit problems in e-commerce, to India, Canada and Europe. Transparency is aimed at serializing products with a T-shaped QR type code to help in the identification of a counterfeit item. Vi... Read More
Soldo Financial Services bags US $61million in Series B Funding
Soldo will use the recent investment to expand across the U.K., Ireland and Italy, It also plans to enter new European markets and double its workforce over the next 12 months. Soldo Financial Services Ltd., a British fintech startup working to streamline businesses expense management... Read More
Wahoo buys The Sufferfest to expand home training systems portfolio
Reports confirm that Wahoo, a fitness-tech company, has announced the acquisition of The Sufferfest, a leading home training brand established by David McQuillen in 2008. Apparently, Wahoo, a connected fitness device leader, is known for the Kickr turbo trainers, the Elemnt computer family and Ti... Read More
Smilegate Entertainment officially launches its own VR based games
Both the VR games have been showcased at global gameshows like Taipei Game Show, Pax Australia and Tokyo Game Show. The South Korea based video game developer – Smilegate Entertainment has reportedly announced to have launched a dating adventure VR game named Focus on You and another calle... Read More
itelligence acquires ISS Consulting to expand Thailand operations
Leading SAP Partner itelligence AG has recently confirmed that it has reached and agreement with ISS Consulting (Thailand) Ltd. to acquire the Bangkok-based company, which is a prominent SAP service provider in Thailand. Citing sources familiar with the matter, ISS Consulting has an established r... Read More
Albertsons Companies announces to augment its online delivery system
The grocery company will enhance its online grocery delivery websites & mobile app to benefit shoppers with visual impairments Albertsons Companies LLC, a US-based grocery company recently announced an initiative to enhance its mobile application & online grocery shopping website, in... Read More
Calithera begins clinical study of drug combination in cancer patients
Calithera Biosciences, a clinical-stage biotech company focused on developing small molecule drugs to treat cancer and life-threatening diseases, recently announced that it has treated the first patient in an open-label Phase 1/2 clinical trial of Glutaminase inhibitor telaglenastat combined with Pf... Read More
Telix signs PI Medical as distribution partner in Netherlands
PI Medical to receive exclusive rights to distribution of TLX591- CDx in Netherlands Australia headquartered - Telix Pharmaceuticals, a clinical stage biopharma company has reportedly signed Netherlands- based PI Medical Diagnostic Equipment for the distribution of TLX591-CDx cold kit in Netherl... Read More