Saturday, April, 20, 2019 12:25:04

Category: Business

HPCL invests in Tranzmeo’s AI-powered product via pre-seed funding

Kerala-based ‘Nasscom 10,0000’ raised startup, Tranzmeo has reportedly secured an unrevealed investment in the pre-seed funding round from HPCL (Hindustan Petroleum Corporation Ltd) to back its artificial intelligence-based product known as T-connect OneView. According to Sanjay Kumar, Chief of General Business Development at Hindustan Petroleum …

Ant Financial in talks to acquire WorldFirst in a £500m bid

Ant Financial, a fintech company affiliated to Alibaba, the biggest internet company in China, is reportedly in talks to acquire WorldFirst, a currency exchange start-up in UK, for about $700m (£550m). Reliable sources stated that Ant Financial, partly owned by Alibaba, had been in discussions …

NetApp awards grants to IISc, IITs to advance data management research

Leading Hybrid Cloud data services company NetApp has recently announced three research grants for the Indian Institute of Science (IISc) and Indian Institute of Technology (IIT Kharagpur, Jodhpur). Apparently, these grants have been provided for the advancement of data management space research. NetApp has awarded …

AB InBev enters the cannabis industry in partnership with Tilray Inc.

Belgium-based multinational brewing company Anheuser-Busch InBev (AB InBev) has reportedly joined the cannabis industry through a research collaboration with Tilray Inc., a pharmaceutical and cannabis company based in Canada. As per reliable sources, the two companies will conduct a collaborative research into cannabis-infused, non-alcoholic beverages. …

PNB and Maybank tie up to launch new ASNB e-channels platform

The platform will allow ASNB customers to make transactions via Maybank’s ATMs and Maybank2u Malaysia’s Malayan Banking Bhd (Maybank) and Permodalan Nasional Bhd (PNB) have recently launched new ASNB (Amanah Saham Nasional Berhad) e-channels using Maybank’s digital platform, as the two firm anticipate 20% increase …

Chemesis announces acquisition of Viverian’s CBD product catalogue

Chemesis International Inc., a globally leading firm in the cannabis industry, has reportedly purchased Viverian, a hemp-derived CBD product line which promotes healthy living among consumers and offers them with convenient methods of consumption. Reportedly, the CBD-exclusive brand Viverian is available to consumers through an …