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Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....- US honey bee deaths reach record high; Varroa mites threaten crops and drive up food pricesUS honey bee colonies are facing unprecedented losses due to pesticide-resistant Varroa mites, leading to the spread of deadly viruses. Thi...
- UK delivery startup Hived raises $42 million to expand networkThe Series B round of funding was led by Japanese-backed venture capital firm NordicNinja and included investments from Wex Venture Capital...
- MapmyIndia withdraws plan to invest Rs 35 crore in B2C venture amid concerns raised by minority shareholdersThe chief executive officer (CEO) said that although MapmyIndia's board approved the investment, it will not take place due to the concerns...
- Byju's targets to reach break-even by March, hive off EpicByju's had earlier set the target to become profitable by March 2023. Byju's booked a loss of Rs 4,588 crore for fiscal year ended March 31...
- Agri-tech WayCool hives off Rs 400-crore retail brand into subsidiaryThe new company -WayCool BrandsNext Private Ltd- will soon launch millet-based products and various rice varieties.
- Govt not to hive off Coal India arm CMPDIL, say unionsThey said the government is looking at the possibility of making National Minerals Exploration Trust (NMET) autonomous, and make it accessi...
- ICICI Bank offers online networking assistance to SMEs through ‘SME Empower’The online marketplace will offer access to over 750 products in diverse categories from electronics and appliances to office equipment.
- Reliance Infrastructure signs agreement to transfer its WRSSS business to ATLReliance Infrastructure has signed a business transfer agreement for transfer of WRSSS, the company said in a statement.
- Primary sales of white goods off to a slow startThis was in stark contrast to the widespread expectation that primary sales of white goods will pick up significantly in July since retaile...
- Enterprise push at Microsoft AcceleratorThe new batch of startups selected for the programme are mainly in the areas of artificial intelligence and the internet of things, targeti...
- FreshMenu to whip up 2 brands for wider spreadWe are definitely contemplating a separate brand altogether for pizzas, said Rashmi Daga, Founder of FreshMenu.
- Kesoram to infuse Rs 600 crore in tyre business, to acquire mineAbout funding the investment plan, Das said the company was evaluating between raising debt and equity and no firm decision had been taken ...
- Jombay and Talview launch psychographic and video recruitment platformRecruiters can use this platform to administer a psychometric or aptitude test online and then conduct a live or automated video interview.
- Visteon to acquire AllGo, deal valued at upto $30 millionAllGo Embedded Systems sells solutions to carmakers across the world, giving them software to be able to play songs, videos and other multi...
- No final plan yet for Kesoram business restructuring"Business restructuring discussion at the 'committee level' is going on. No final decision has been taken," Kesoram Secretary Gautam Gangul...
- Boeing's Nagpur MRO set for commissioning by DecemberThe civil work on the project is over and now the installation of electronic equipment is to take place, sources said.
- Rupert Murdoch’s newspapers for sale? Wall Street is abuzz that he may consider the unthinkableChase Carey, Rupert's number two & COO at News Corp fuelled the speculation by publicly admitting that the company had considered a sale or...
- Satyam ex-company secretary moves CLB over assetsThe former company secretary Satyam Computer (now Mahindra Satyam) G Jayaraman today approached the Company Law Board requesting it to lift...
- Paper Business to be hived offBallarpur Industries (Bilt) on Tuesday announced a mandatory equity buyback scheme for all shareholders along with a financial restructurin...
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