Cox Automotive purchases Spiers to enter EV battery lifecycle business
Cox Automotive, a Atlanta-based provider of automotive products and services, has taken over Spiers New Technologies (SNT), a firm that offers repair, refurbishing, remanufacturing, and repurposing se....
Secretlab is looking to hire around 100 employees in Singapore
Ergonomic chair retailer, Secretlab is planning to hire approximately 100 employees, mainly in the area of product development. At present, more than 200 people work with Secretlab, with around 90% o....
Prosus to acquire online payment gateway firm BillDesk for USD 4.7 Bn
Prosus N.V., a Netherlands-based investment division of Naspers is reportedly planning to acquire Mumbai’s online payment gateway company BillDesk for USD 4.7 billion to expand its customer base....
Accel launches Atoms initiative to support early-stage startups
American venture capital firm, Accel has introduced Atoms, a pre-seed funding initiative through which it will pump $250,000 in startups without taking any equity (or uncapped convertible) in the comp....
Bharat Biotech eyes international alliance to expand ‘Covaxin’ rollout
Bharat Biotech, a leading Indian multinational biotech entity, is looking for overseas manufacturing partners to accelerate the production of its coronavirus vaccine ‘Covaxin’ to a billion....
Apple to pay $100Mn to resolve developer lawsuit, will alter app store
American multinational technology giant- Apple Inc. plans to make various changes to its App Store in order to settle a USD 100 million lawsuit filed by developers in the U.S. For the record, the law....
Nokia selected by Union Wireless to upgrade Radio Access Network
Finnish telecom and consumer electronics company, Nokia has recently been chosen by Union Wireless for replacing its current RAN equipment with the AirScale 4G/5G radio range to revolutionize its netw....
Esperanto Technologies debuts new Machine Learning accelerator chip
Esperanto has revealed plans to commence an Early Access Program for competent customers later this year Esperanto Technologies, a semiconductor company that specializes in energy-efficient computing....
ACME Group inks USD 3.5 Bn pact to develop green ammonia plant in Oman
ACME Group has recently signed a land agreement to establish a green ammonia project worth USD 3.5 billion at the Special Economic Zone at the Port of Duqm in Oman. The deal was signed with The Public....
Mobility firm Plentywaka secures $1.2Mn funding; acquires Stabus Ghana
Plentywaka, a mobility startup based in Lagos and Toronto, has reportedly raised $1.2 million in a seed round to expand its operation after exiting Techstars Toronto accelerator program last month. T....
London-based Paysafe signs deal to acquire fintech firm viafintech
Paysafe, a multinational online payments company based in London, has reportedly plans to acquire Germany-based fintech firm, viafintech. Sources claim that the acquisition of viafintech will help Pa....
Maersk signs deal to secure green e-methanol for container vessel
The green fuel will be used to power Maersk’s first carbon-neutral container vessel by mid-2023 Maersk, a Danish unified shipping company active in inland freight transportation & ocean and....