India to decarbonize public transport with $10Bn e-bus tender

Convergence Energy Services Limited (CESL), a subsidiary of India’s Energy Efficiency Services Limited, is planning a $10 billion (Rs 80,000 crore) contract to purchase 50,000 electric buses which will support the country’s effo....

Primark partners with Recover to unveil RColorBlend fibre globally

Primark, an Irish multinational fast fashion retailer, is reportedly expanding its collaboration with Recover™, a leading material sciences company. With this partnership, Primark will become the first ever high-street retailers to us....

WeWork partners with Yardi to unveil its new space management solution

WeWork, a provider of coworking spaces, including physical and virtual shared spaces, has recently announced the unveiling of WeWork Workplace, a new space management solution built in collaboration with Yardi, a leading provider of real es....

Astrogate Labs to raise $4Mn seed funding to expand in space-tech

Astrogate Labs, a space-tech startup based in Bengaluru, is currently planning to raise funding of around $3.5-$4 million. As per credible reports, the firm had raised pre-seed funding of $750,000 in 2020 in a round that involved SuprValue.....

Azelis acquires Chemical Solutions Sdn Bhd to expand across APAC

Azelis, a leading innovation service provider headquartered in Antwerp, Belgium has reportedly announced the signing of an agreement to acquire 100% shares of Chemical Solutions Sdn Bhd, also known as ‘ChemSol’. ChemSol is on....

RITES & CRIS sign MoU to explore tech opportunities in rail sector

The Rail India Technical and Economic Service Ltd. (RITES) has recently stated that it has inked an MoU (memorandum of understanding) with CRIS (Centre for Railway Information Systems) to discover the information technology-based prospects ....

US and Australia collaborate for net-zero technology acceleration

The US energy secretary, Jennifer Granholm, and the Australian climate change and energy minister, Chris Bowen, have recently announced a collaboration for net-zero technology acceleration. The announcement was made during a joint press ....

ConsCent secures $1.75 million to expand its AI & ML capabilities

ConsCent, one of the leading content monetization platforms, has recently secured $1.75 million (Rs 14 crore) in a funding round headed by Inflection Point Ventures with participation from early-stage funds including Varanium Capital, Pitch....

German automaker Mercedes-Benz records double-digit growth in India

German luxury and commercial automotive brand, Mercedes-Benz has announced that its Indian Branch has recorded its highest second-quarter sales with strong double-digit growth in the country. As per credible sources, the growth in sales ....

EY collaborates with OMP to enhance supply chain planning solutions

EY, a multinational professional services partnership firm, has recently announced that OMP, a software and consulting company building supply chain planning solutions, will be collaborating with EY US with an aim to help firms fast-track a....