Wednesday, March, 20, 2019 07:37:02

Contribution By Saif Bepari


Ola in discussions to acquire 26% stake in carpooling app sRide

The negotiations are currently believed to be at the diligence stage Numerous investment firms might pump in capital in a fresh round or could participate alongside Ola to invest in sRide Ola, the India-based ride hailing platform owned by ANI Technologies is reportedly in talks …

Esker, Fuji Xerox tie-up offers cloud-based accounts payable solution

Esker will be able to expand geographically in Asia to deliver intelligent process automation solution to Fuji Xerox customers. Global leader in AI-powered document process automation and a cloud computing pioneer, Esker, has recently made an announcement confirming that it has partnered with communications and …

Amazon acquires Wi-Fi start-up Eero to develop smart home tech

The move will allow Eero to expand its global reach while competing with Google and other rivals in the home router market. E-commerce giant, Amazon.com, Inc. has recently announced its acquisition of San Francisco-based internet router startup Eero for an undisclosed amount. Founded in 2014, Eero has emerged …

Barclays invests £10 million in UK’s loyalty scheme start-up Bink

Barclays, the British multinational investment bank, has reportedly invested as much as £10 million in the UK-based loyalty scheme technology start-up, Bink. Sources close to the development state that the new collaboration is expected to help Barclays’ customers in checking their loyalty points with the …

AGL flags new power facilities as profits ride high electricity prices

The Australia-based energy giant AGL Energy has reportedly flagged that it would invest about USD 1 billion to construct new power generation facilities. However, the company has expressed concern regarding the government’s energy policy which it believes might create uncertainty and new risks for the …

Collision repair industry contenders join hands in landmark deal

Popular collision repair firm Caliber Collision Centers has apparently announced that it has closed a merger deal with Abra Auto Body Repair of America. Reliable reports cite that the merger serves to bring together the trusted brands, talented teams, and industry-leading operations of both the …

Lockheed Martin to form a long-term defense partnership with India

American aerospace and defense security company Lockheed Martin has reportedly proposed a so-called game-changing partnership with India due to its interest in the country’s immense military modernization. Vivek Lall, VP of Aeronautics Strategy and Business Development at Lockheed Martin, was quoted saying that the defense …