In a significant move that has captured the attention of the stock market, two overseas entities, Augusta TBO (Singapore) Pte Ltd and TBO Korea Holdings Ltd, have sold off more than 70 lakh shares of TBO Tek—a leading tech company—amounting to a 6.8% stake in the company. The deal, which was completed via bulk transactions, was valued at a staggering INR 870 crore. But what does this mean for…
In a major leap towards expansion, beauty and personal care brand Pilgrim has successfully raised Rs 200 crore in funding. This capital infusion comes from both existing investors, such as Narotam Sekhsaria Family Office (NSFO) and Vertex Ventures SEA, as well as new backers like Vertex Growth Fund and Anicut Equity Continuum Fund. The fresh funding will fuel Pilgrim’s growth in the competitive…
Infibeam Avenues Prepares for Major Growth in the UAE
Indian fintech giant Infibeam Avenues Ltd is making significant moves as it sets its sights on a listing on the Abu Dhabi Stock Exchange (ADX). The company has recently reorganized its UAE operations to meet the listing requirements and solidify its position in the rapidly growing Middle East market.
In a recent stock exchange filing, Infibeam…
Sometimes failure can spark the beginning of something extraordinary. For Elizabeth Maruyama, founder of America Visa Advisory, a rejected green card application became the catalyst for building a thriving business that now helps talented immigrants navigate the complexities of the U.S. immigration system.
Elizabeth’s journey began in Thailand, where she grew up in a hardworking, middle-class…
India’s tech landscape is about to get a major boost. Bhavish Aggarwal, the visionary behind Ola, has launched an ambitious new AI venture called Krutrim, and it’s making waves with some big moves. Krutrim has partnered with Lenovo to build what is set to be India’s largest supercomputer—an advanced computing powerhouse aimed at revolutionizing the country’s position in the global AI…
MaxIQ, the company formerly known as Gyaan AI, has just closed a significant $7.8 million seed funding round, marking a new chapter in its mission to transform how businesses manage their customer journey. The round was led by Dell Technologies Capital, with Intel Capital also joining as a key investor. This fresh capital will enable MaxIQ to expand its operations, boost product innovation, and…
Mumbai-based gaming giant Nazara Technologies has made a strategic move by selling its 94.85% stake in OpenPlay Technologies, which runs the popular Rummy platform, Classic Rummy, to Moonshine Technology. This move comes as part of Nazara’s broader strategy to optimize its gaming portfolio and focus on high-growth areas. The transaction is valued at a significant Rs 104.33 crore and will be…
India’s fintech giant, Razorpay, is making waves in Southeast Asia with its latest move into Singapore. Known for its innovative, AI-powered payment solutions, Razorpay is all set to help businesses in Singapore streamline their digital transactions. This expansion comes as Singapore’s e-commerce market continues to grow, and Razorpay aims to offer local businesses cutting-edge tools to thrive…
MaxIQ Secures $7.8 Million in Seed Funding and Rebrands from Gyaan AI – Here’s What You Need to Know
In a thrilling development, Gyaan AI has officially rebranded to MaxIQ and secured $7.8 million in seed funding to transform customer journey management for B2B SaaS enterprises. Led by Dell Technologies Capital with contributions from Intel Capital, this round of funding sets the stage for MaxIQ to disrupt the customer management landscape and redefine how businesses manage customer…
Jabil to Build New Silicon Photonics Unit in Gujarat with $125 Million Investment
In a groundbreaking move for India’s tech sector, Jabil, a major supplier to Apple, has announced a $125 million investment to establish a silicon photonics unit in Gujarat. This new facility will not only boost India’s semiconductor capabilities but will also strengthen the country’s position in the global…
