Mumbai-based Reliance Brands Limited (RBL) has joined forces with UK’s Superdry PLC in a joint venture via its subsidiary, RBUK. This venture will involve acquiring the intellectual property rights for Superdry in India,
Tata Consultancy Services (TCS), a notable entity in IT services and consulting, has been enlisted by Lantmännen Ekonomisk Förening, an influential player in various sectors including agriculture and food products, to instigate a transformative journey in its IT and digital workspace domains under a multi-year agreement.
In the era where digital transformation has evolved from a strategic option to a business imperative, Infosys, a global operator in digital services and consulting, has introduced the Infosys Cobalt Airline Cloud (ICAC).
Visa, an international payment company, has recently launched a US$100 million generative AI ventures initiative. The initiative aims to support emerging companies that are dedicated to advancing generative AI technologies
AlphaSense, a New York-based market intelligence and search platform, has successfully completed a Series E financing round, securing US$150 million.
India’s prominent e-commerce giant, Flipkart, is set to commence its annual event, The Big Billion Days (TBBD), from October 8 to 15, with early access for Plus customers starting October 7.
E-commerce giant Amazon and AI safety and research firm Anthropic have intensified their strategic collaboration to advance safer generative AI technology.
Dubai-based Web3 company, Cultos Global, has recently acquired substantial investment in its latest funding round. The specific amount remains undisclosed. This venture specializes in altering the dynamics of brand-customer relationships by launching a sophisticated, integrated platform that intertwines digital marketing and customer rewards, converting conventional consumers into active nano-influencers.
Amazon has rolled out a series of updates to its Fire TV offerings. The new features include an improved conversational voice search powered by generative AI and Fire TV Ambient Experience advancements. Among the latest hardware releases are the Fire TV Stick 4K Max and the Fire TV Stick 4K, incorporating the enhanced Fire TV Ambient Experience.
Perfios, headquartered in Bengaluru and operating in the B2B software-as-a-service (SaaS) FinTech sector, has secured US$229 million from Kedaara Capital during its Series D funding round. This investment stands out as one of the most substantial inflows for an Indian B2B SaaS firm in the current year.
Amazon is directing US$15 million towards nature-based initiatives in the Asia-Pacific (APAC) region from its US$100 million Right Now Climate Fund. Established in 2019, the fund aims to bolster climate resilience and biodiversity and positively impact communities where Amazon has a footprint.
DynamoFL, Inc., an enterprise AI platform specializing in privacy-centric generative AI solutions, has successfully concluded a Series A funding round, securing US$15.1 million. This boost comes amid increasing demand for AI technologies that seamlessly integrate both privacy and compliance.
Treefera, a UK-based artificial intelligence (AI)-powered data platform focusing on forest data and conservation, has raised US$2.2 million in a pre-Seed funding round.
Bengaluru-based space tech startup SatSure, known for its expertise in Earth observation data and analytics solutions, has recently secured US$15 million in equity capital and venture debt in a Series A funding round.
Genesis Therapeutics, an artificial intelligence (AI)-focused company in the pharmaceutical sector based in Burlingame, California, has raised US$200 million in a successful Series B funding round.
XPENG Inc., a leading Chinese smart electric vehicle company, announced a new partnership with ride-hailing giant DiDi Global Inc. to accelerate the adoption of smart electrical vehicles (EVs) and technologies.
