by RJ Shara | Nov 9, 2020 | Startups
Xpressbees, an Indian logistics company that deals with numerous e-commerce companies in the nation, stated on Monday it has actually raised $110 million in a brand-new funding round as online shopping booms worldwide’s second largest internet market. The Pune-headquartered startup’s Series E financing round was led by private equity firms Investcorp, Norwest Endeavor Partners […] Xpressbees, which concluded its Series D round 3 years ago, has actually raised $175.8 million to date, according to research company Tracxn. The start-up stated it prepares to release the fresh capital to additional automate its hubs and arranging centres, and expand its delivery footprint to cover the whole nation. The firms have developed more than 150,000 seasonal jobs to accommodate the growing demand of orders. …
by RJ Shara | Apr 9, 2020 | Fundings and Exit
Mergers and acquisitions largely grinded to a halt at the end of March, in the wake of the coronavirus pandemic spreading around the world, however today comes news of a deal out of Europe that underscores where pockets of activity are still occurring. Avira, a cybersecurity company based out of Germany that provides antivirus, identity […] , a cybersecurity business based out of Germany that provides antivirus, identity management and other tools both to customers and as a white-label offeringfrom a number of big tech brand names, has been snapped up by Investcorp Innovation Partners, the PE department of Investcorp Bank. Avira is not a tech start-up, or not in the common sense.– and numerous more by means of the white-label offers it makes with huge names. Cybersecurity, meanwhile, might never ever go out of design as an investment and development chance in tech. …
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