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Teenage Engineering chosen by Carl Pei’s Nothing as founding partner
Teenage Engineering, a Stockholm-based music equipment design firm has recently been tapped by Nothing, an emerging consumer tech brand created by ex-OnePlus executive Carl Pei to work collaboratively on upcoming product releases. According to Pei, the design firm, which is one of the founding partn... Read More
PepsiCo introduces new hydrating line of juice beverages for youngsters
PepsiCo Inc., an American multinational food and beverage corporation, has reportedly introduced a new product line, Frutly, which is basically a hydrating juice water, specially designed for youngsters. The new entrant to PepsiCo’s juice category, comprises fruit juice, water, and electrol... Read More
Blackstone Group receives CCI nod for Piramal Glass acquisition
The Competition Commission of India (CCI) has reportedly approved Blackstone Group’s deal to acquire the global specialist in design, production, and decoration of premium glass packaging, Piramal Glass. Sources with relevant information stated that this deal will be the heftiest ever trans... Read More
Future Retail’s USD 3.4 billion deal squashed by Indian Supreme Court
According to reliable sources, India’s Supreme Court restrained the NCLT (National Company Law Tribunal) from sanctioning a deal worth USD 3.4 billion between Mumbai-based multinational conglomerate Reliance Industries Limited (RIL) and Future Retail Limited. For the record, Future Retail i... Read More
U.S.-based TigerGraph secures USD 105 million in Series C funding round
California-based leading graph analytics services provider, TigerGraph Inc., has reportedly secured USD 105 million in a Series C funding round which was led by Tiger Global Management LLC, an American investment firm. Being known as the largest funding round in the graph database and analytics i... Read More
Artie raises $10M in funding for app-less mobile game solutions
Emerging start-up in next-gen instant games, Artie has reportedly announced around $10 million in funding, in a bid to rethink the distribution of mobile games. Apparently, this strategic move represents a pivot from the start-up’s original vision of making augmented reality avatars. The CE... Read More
Amazon to establish its first device manufacturing facility in India
Amazon.com Inc., an American multinational technology firm, is reportedly planning to develop its first manufacturing facility in India along with the Indian-based subsidiary of the Taiwanese electronics giant, Foxconn-owned Cloud Network Technology. The recent development comes after the America... Read More
UK’s Covid-19 testing capacity expands thanks to Eurofins Scientific
Global scientific testing group Eurofins Scientific, reportedly, has combined the resources of its UK laboratories across multiple fields to increase direct-to-consumer Covid-19 testing, significantly adding to UK’s current testing capacity. Eurofins Forensics, Eurofins Food & Water Tes... Read More
Targovax’s ONCOS-102 receives Fast-Track designation from US FDA
The US FDA grants ONCOS-102 Fast-Track designation for lung cancer treatment. Fast-Track designation increases potential of speeding up development and reviewal process with the US FDA. Norway-based clinical-stage immune-oncology company producing immune activators to target hard-to-treat ... Read More
Pencil raises USD 1 million in pre-Series A round funding round
Pencil, a Mumbai-based content publishing platform, has reportedly raised USD 1 million in a pre-Series A round which was led by American venture capital company SOSV along with participation from IPV (Inflection Point Ventures). Sources claimed that Pencil’s funding round also saw particip... Read More