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India’s cryptocurrency sector booms, raises USD 587 million this year
Investors are continuing to infuse funds in cryptocurrency and blockchain companies in India. The total funding in domestic crypto and blockchain startups rose sharply to around USD 587.16 million as of October 17 this year, up from USD 37 million during the same time in 2020. A huge amount of ca... Read More
Google, Temasek back Indian neobank Open during USD 100 million funding
Startups have now become a primary source of growth and employment in India, with various leading venture firms now eyeing the emerging startup ecosystem. Following cue, Bengaluru-based startup Open has reportedly raised USD 100 million in a Series C funding round led by Temasek, Google, and Japanes... Read More
IBM’s new AI-driven software could help businesses tackle climate risks
Incapacitating heat waves, destructive floods, and irrepressible wildfires have long shown the consequences of climate change. To help businesses address this, leading tech firm IBM Corporation has reportedly launched a suite of environmental intelligence software that uses artificial intelligence (... Read More
CMR Surgical to open large-scale manufacturing facility in the UK
CMR Surgical (CMR), a global surgical robotics business, recently revealed plans to build a new manufacturing site in Cambridgeshire, UK. The site is intended to be opened to upscale manufacturing processes in order to cater to the growing global demand for Versius Surgical Robotic System, an imp... Read More
Rock Tech Lithium to develop new lithium hydroxide converter in Germany
Canada-based cleantech company, Rock Tech Lithium Inc., is reportedly planning to develop Europe's foremost lithium converter, which will be a manufacturing unit for battery-class lithium hydroxide located in Guben, Brandenburg (Germany). The company currently intends to establish all product... Read More
Healthcare startup Bisu secures USD 3.2 Mn in seed funding led by QUAD
Bisu Inc., a Japan-based healthcare startup, has raised USD 3.2 million in a seed round funding. It intends to use the fresh funds to launch Bisu Body Coach, a portable home health lab capable of providing personalized nutrition and lifestyle recommendations through saliva and urine testing. The ... Read More
IBM signs five-year deal with Honda to manage its operations in Europe
IBM Corp. and Honda Motor Europe have reportedly signed a 5-year agreement in which the American tech giant will be integrating and managing the latter’s finance as well as procurement operations in the region. The deal is intended to provide an integrated end-to-end solution that will assi... Read More
ERI and Bottomline team up to expand financial messaging solutions
Leading fintech firms, Bottomline and ERI recently announced a partnership to combine Bottomline’s SaaS-driven financial messaging solutions with ERI’s OLYMPIC Banking System software. The partnership is effective globally, making Bottomline’s offering available to customers of ... Read More
UK government to go 100% green on electricity generation by 2035
Boris Johnson will reportedly announce that all of electricity in Britain will come from green energy sources by 2035. The Prime Minister will reveal the new policy this week as he aims to reduce the nation’s dependence on gas and other fossil fuels, and invest significantly in renewable and n... Read More
The Fuel Delivery planning to raise USD 5 million via Series A funding
The Fuel Delivery, a startup that focuses on delivering fuel at doorsteps, is reportedly planning to raise around USD 5 million through Series A funding to expand its reach into newer markets. For those unaware, The Fuel Delivery was founded by Rakshit Mathur a city-based investment banke... Read More