Suzuki-Toyota to Launch Maruti Baleno-Based SUV
Medilytix Bureau: So far, the Toyota-Suzuki partnership has witnessed the introduction of cross-badged offerings like the Glanza and the Urban Cruiser. Soon, we’ll also see Toyota-badged Ertiga and Ciaz in…
L&T Infotech Q3 results | Profit rises 18% to Rs 612 crore, revenue grows to Rs 4,138 crore
Medilytix Bureau: L&T Infotech Ltd, one of the large IT services provider in the country, on January 19 reported a consolidated profit after tax (PAT) of Rs 612 crore for…
Latest Forest Laws to facilitate development of critical infrastructure: Odisha Chief Secy
Medilytix Bureau: Odisha Chief Secretary Sri Suresh Chandra Mahapatra advised Principal Secretaries and Secretaries of different departments to make use of the latest provisions of forest laws for expeditious implementation…
ITI Berhampur bags Recycling for Greener Tomorrow Award-2021
Medilytix Bureau: Industrial Training Institute (ITI) Berhampur bagged the prestigious ‘Recycling for Greener Tomorrow Award-2021’. The award is for its innovative works of recycling of scrap by managing waste beyond…
Santosh Kumar Sarangi appointed as DGFT
Medilytix Bureau: Odisha-cadre IAS officer Santosh Kumar Sarangi has been appointed Director General (DG) of Foreign Trade, Ministry of Commerce and Industry. He is currently serving as Additional Secretary, Department…
NITI Aayog, AIM & UNCDF announce first AgriTech Cohort to spur innovations
Medilytix Research: Aiming to help smallholder farmers across Asia and Africa and address their challenges in the aftermath of the pandemic, Atal Innovation Mission (AIM), NITI Aayog and the United…
Zomato-backed Shiprocket acquires B2B logistics firm Rocketbox
Medilytix Research: Zomato-backed logistics aggregator Shiprocket has acquired B2B logistics startup Rocketbox facilitating an exit for IPO-bound Delhivery which had invested in 2015. The acquisition comes soon after Shiprocket announced…
Annual investments into startups increase to $36 billion: DPIIT Secretary
Medilytix Bureau: Investors are taking huge interest in the country’s startup ecosystem and in the last one year, annual fundings into startups have increased from USD 11 billion to USD…
Short-video platform Chingari raises about Rs 110 crore in Series A extension funding led by Republic Capital
Medilytix Research: Short-video platform Chingari announced it had raised $15 million (Rs 111 crore) in a Series A extension round led by Republic Capital and joined by investors such as…
INDmoney raises $86 mn from Tiger Global, Steadview Capital, Dragoneer and others
Medilytix Research: Money management and investment platform INDmoney has raised $86 million in a Series D round led by Tiger Global, Steadview Capital, Dragoneer with the startup’s founder and CEO…