India’s EdTech LEAD enters the Unicorn club

LEAD, India’s foremost player in the School EdTech category, has raised US $100 million in a new funding round, dubbed a Series E round. The Series E funding round was led by returning investor WestBridge Capital and global Ventrure Capital fund GSV Ventures, making this one of their largest EdTech investment to fuel the company’s ambitious vision of transforming core schooling in India with tech-integrated

READ MORE

Cox Energy America initiates process to dual listing

Mexico-based Cox Energy America, the first photovoltaic solar energy company to be listed on a Latin American stock exchange, officially begins listing its representative shares of the company’s share capital in the Spanish market. The listing process will be in the BME Growth, a sub-market of Bolsas y Mercados Españoles (BME), It is a platform that allows growing small and medium-sized (SMEs)

READ MORE

Telecom Egypt sees net profit, revenue soar

Cairo-based Telecom Egypt posted net profit of EGP 3.9 billion ($249.20 million) for the first half of 2021, surging by 88% year-on-year. Total consolidated revenue stood at EGP17.4 billion in the period, up 16% year-on-year. The Arab country’s primary telecommunication company attributed this growth in net revenue to the steady operational performance, foreign exchange gains, and higher investment income from Vodafone. In

READ MORE

BILD owner Axel Springer acquires Politico

German media conglomerate Axel Springer has agreed to buy the US-based  political journalism company Politico. The companies did not disclose a price for the deal, but American media reported Politico sold for about $1 billion citing people familiar with the matter. The deal includes Politico, Politico Europe and Politico’s tech news site, Protocol  launched in 2020. Subject to regulatory approval, the deal is expected to take

READ MORE

BNSF Logistics gets cargo security award

Texas-based BNSF Logistics, LLC, a leading multi-modal, third-party logistics company, received the CargoNet 2020 Best in Cargo Security Award, in a year marked by historic disruptions to supply chains and the flow of goods worldwide. BNSF Logistics’ industry-first Risk Analysis Program (RAP) ensures high-risk shipments are well-protected through transit. The RAP analyzes customer shipments to determine the overall potential risk, reducing theft

READ MORE

Stellantis new JV Mobile Drive

Amsterdam-based automotive corporation Stellantis, formed from a merger of French automaker Groupe PSA and Italian-American automaker Fiat Chrysler Automobiles announced on Tuesday (Aug. 24) that it joins forces with Taiwanese electronics firm Foxconn to create a “smart cockpit” for cars that will feature navigation, voice assistance and payment services. The joint venture, called Mobile Drive, will focus on delivering a smart cockpit solution for vehicles

READ MORE

CACEIS selected for Utopia project

European leader in asset servicing CACEIS has been selected by Bologna-based Fondazione Golinelli,Fondazione di Sardegna and Antonio Falcone as custodian and fund administrator for the Utopia project: the first Simple Investment Company (SIS) to commence activity in Italy.  SIS is the new investment structure to support the development of Italian start-ups and SMEs.  In particular, the Simple Investment Company aims to directly support small

READ MORE
1 2 3 4