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Canada’s Canopy Growth acquires C3 Cannabinoid Compound Company
C3 Cannabinoid Company is one of the foremost distributor and manufacturer of dronabinol, a registered pharmaceutical medicine in Denmark, Switzerland, Austria, and Germany. C3 would be an excellent addition to the Canopy’s European infrastructure including a robust sales and mar... Read More
Tech giant Accenture announces acquisition of Germany’s Zielpuls
Globally acclaimed company Accenture has made it to the headlines for its acquisition of Zielpuls, a Germany-headquartered technology consultancy. Zielpuls, established in 2008, is anticipated to bring in a team of around 190 highly skilled professionals hailing from the backgrounds of technology, 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
Altizon raises $7 million in Series A funding round led by TVS Motors
Altizon had raised $4 million three years ago in 2016 – its last funding round. Altizon Inc has reportedly raised $7 million in Series A funding round from motor cycle company TVS Motors. The existing investors also participated in the round, including Wipro Ventures, Lumis Partners, a... Read More
Tobacco company Philip Morris plans to develop a public blockchain
Tracking of tax stamps is one of the six use cases of blockchain that is being explored by Philip Morris. Cigarette company Philip Morris International is reportedly working on a “public blockchain” for tax stamps tracking on cigarette boxes. The tax stamps on the cigarette boxes will... Read More
aXiomatic raises up to $21.5 million in latest fundraising round
Esports & video game enabler aXiomatic, the holding company of the worldwide professional esports organization Team Liquid, has grabbed headlines for raising up to $21.5 million in funds from a number of unnamed investors, in its latest investment round. Reliable sources with the knowledge of... Read More
KNOC hires Scotiabank to sell stake in British explorer Dana Petroleum
The entire process is expected to start off early in May, when the company would begin circulating confidential information packages to interested parties. The stake that would be put up for sale is estimated to be valued at approximately $550 million. Korea National Oil Corporati... Read More
Voiceflow, a voice app design & creation platform, raises $3.5 million
Voiceflow is free for individuals and charges $29 per month in its paid workspaces. The design and development platform for voice apps Voiceflow has reportedly raised $3 million in seed funding round led by True Ventures. Eventbrite founder Kevin Hartz, InVision founder Clark Valberg and Product ... 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
Carlyle-Zydus, Advent compete for Bharat Serums and Vaccines takeover
Reports indicate that an association of Zydus Cadila and Carlyle is competing against Advent International, a global private equity group, over the acquisition of Bharat Serums and Vaccines Ltd (BSV), a Mumbai based bio-pharmaceutical company. Both the companies have submitted non-binding offers bet... Read More