Kale Logistics Solutions secures $30 million in a Series B round

A vertical SaaS platform that helps with logistics needs, Kale Logistics Solutions, has secured $30 million in a Series B round. The round was spearheaded by Creaegis Advisors, a Bangalore-based…

NNR September 12, 2023

Wire

KKR invests another $250 million in Reliance Retail

Reliance Retail, India’s largest retailer owned by billionaire Mukesh Ambani, has received another $250 million investment from KKR, a global private equity firm. This boosts KKR’s stake in the company…

NNR September 11, 2023

Wire

Salesforce Unveils Bi-Directional Data Integration with Databricks and Snowflake, Revolutionizing Data Management

Salesforce has initiated Dreamforce with significant partner announcements, unveiling plans for bi-directional data sharing with Databricks and Snowflake. Salesforce, led by Marc Benioff, is expanding its Salesforce Data Cloud to…

NNR September 11, 2023

Wire

DetraPel, secured $7.6M in a Series A round of funding

A Boston-based company that makes eco-friendly coatings, DetraPel, secured $7.6M in a Series A round of funding. The lead investor was Material Impact, joined by others such as INX International,…

NNR September 11, 2023

Wire

Apple extends deal with Qualcomm for 5G modems until 2026

Apple has announced that it will continue to buy 5G modems from Qualcomm for its smartphones and other products until 2026, despite its efforts to develop its own modems. The…

NNR September 11, 2023

Wire

J.M. Smucker snaps up Hostess Brands for $5.6 billion

The maker of Jif peanut butter, J.M. Smucker, announced on Monday that it will acquire Hostess Brands, the company behind Twinkies and other popular snacks, for $5.6 billion. The deal…

NNR September 11, 2023

Wire

Glasgow University launches centre for data science and AI research

The University of Glasgow has announced the opening of a new centre that will support its research in data science and artificial intelligence (AI). The Centre for Data Science will…

NNR September 11, 2023

Wire

UK Government backs BMW’s electric future, secures jobs at Oxford and Swindon plants

In a significant development today, the UK government has extended its support to BMW, ensuring job security at the company's Oxford manufacturing plant and Swindon body-pressing facility. BMW Group has…

NNR September 11, 2023

Wire

Sensata Technologies to join the S&P MidCap 400 Index

Sensata Technologies (NYSE: ST), a leading provider of sensors and sensor-rich solutions for various industries, announced today that it will be added to the S&P MidCap 400 Index, a widely…

NNR September 11, 2023

Wire

Klaviyo announces $518.4 million IPO on New York Stock Exchange

Klaviyo, the software-as-a-service (SaaS) company that enables businesses to use their own data to create personalized and engaging digital experiences, has announced its initial public offering (IPO) of 19.2 million…

NNR September 11, 2023

Wire

Instacart files updated IPO filing, aims to raise $616 million

Instacart, one of the largest online grocery delivery firms in the United States, made a significant move on Monday by submitting an updated filing for its forthcoming initial public offering…

NNR September 11, 2023

Wire

Correcto raises €6.5 million in seed funding

Correcto, a Madrid-based startup that offers a SaaS platform for real-time language and spelling solutions and corrections for written Spanish through AI, announced today that it has secured €6.5 million…

NNR September 11, 2023