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Sleek bags USD 4 Mn funding from Jungle Venture & White Star Capital
Sleek, a platform that provides accounting and incorporation services for entrepreneurs and SMEs, has announced to have raised USD 4 million in Series A funding from Jungle Venture and White Star Capital. It is worth noting that the startup has so far raised USD 24 million in total just in funding. ... Read More
Verasity, Axie Infinity partner for FXT GalAxie Cup Esports tournament
Leading blockchain-powered watch and earn platform Verasity has reportedly partnered with Axie Infinity, a Pokémon-inspired digital universe where individuals can earn tokens through competent gameplay and ecosystem contributions, for the FTX GalAxie Cup 2021. VeraEsports, Verasity’s... Read More
Proptech startup Rsquare secures USD 72 million in Series C funding
Korea-based proptech startup Rsquare has reportedly raised USD 72 million in Series C funding round led by STIC investments, bringing the firm’s valuation to around USD 95 million. According to Rsquare CEO, JohnWoo Lee, the firm plans to use the funds to advance its AI-based proptech platfo... Read More
U.S. trade officials dismiss solar group’s tariff bid on Asian imports
U.S. trade regulators reportedly rejected a bid by a consortium of local solar manufacturers seeking taxes on panels imported from three South Asian countries. Solar developers in the United States rely on low-cost imports to make their projects competitive. In this context, the manufacturing gro... Read More
Apple launches subscription service for supporting small businesses
Apple Inc. has recently announced the launch of the new Apple Business Essentials, an all-round service that provides device management, iCloud storage, and 24/7 Apple Support. The service will be available in easy subscription plans for small business owners who employ up to 500 people. The tech... Read More
ManifestSeven to sell its California retail dispensary to Eaze
ManifestSeven Holdings Corporation (M7) has recently revealed that it intends to sell its Santa Ana retail dispensary and delivery hub, to Stachs LLC, a wholly-owned subsidiary of Eaze Technologies Inc., for USD 6,785,000, plus working capital and certain liabilities. The transaction reflects the fi... Read More
Tata Motors collaborates with Equitas SFB to assist aspiring SCV buyers
Tata Motors has reportedly signed an MoU (Memorandum of Understanding) with Equitas Small Finance Bank Ltd. to provide financial assistance for its small commercial vehicle (SCV) buyers. The five-year long agreement will aim at creating a strong financing platform for aspiring buyers and will be ... Read More
Virgin Atlantic, British Airways to perform simultaneous take off to US
Airlines Virgin Atlantic and British Airways (BA), who have been competitors in the U.S. market for decades, will reportedly perform a simultaneous take-off from London Heathrow Airport, United Kingdom, on runways 27L and 27R, respectively, towards New York JFK, United States. These will be the f... Read More
CDNetworks to allot USD 156 Mn for expanding its security business
Leading cloud security provider and content delivery network CDNetworks recently announced its plans to invest USD 156 million to strengthen its position in the industrial security business market. The CDN provider will establish a security laboratory, dedicate top talent, investigate cutting-edg... Read More
Foodie Card doubles down on its expansion drive with Westchester launch
Dining subscription service Foodie Card is reportedly gearing up to launch in Westchester County in New York in November 2021. The move will mark a milestone for the organization that was founded back in 2018. For those unaware, Foodie Card essentially drives business to local restaurants by prov... Read More