Coface acquires GIEK Kredittforsikring from Norwegian govt
(adsbygoogle = window.adsbygoogle || []).push({}); US insurance company Coface has closed its acquisition of GIEK Kredittforsikring, a company formed in 2001, and owned by the Norwegian Ministry of Trade, Industry and Fisheries. GIEK Kredittforsikring manages a short-term export credit insurance portfolio. Coface said that the acquired More...
US insurtech company Gradient AI raises $6m in Series A round
US insurtech company Gradient AI, which uses artificial intelligence-based solutions, has secured $6.0 million in a Series A financing round led by Forte Ventures and Sandbox Insurtech Ventures. The financing round More...
Experian acquires Look Who’s Charging to strengthen open data offering
Experian, an Irish consumer credit reporting company, acquired Look Who’s Charging, an Australian fintech startup, for an undisclosed sum to strengthen its open data offering. The acquisition was made by its subsidiary More...
Cityneon secures new investment, eyes expansion in experience entertainment
EDBI, a Singapore government-linked global investor, has made an undisclosed strategic investment in Cityneon Holdings, a creative solutions provider for interior architecture, events and exhibitions. The funding More...
Uber launches special cabs in Bengaluru for differently-abled and elders
The ride-sharing company Uber has launched special cabs in Bengaluru to assist differently-abled and elderly people, which is a first of its kind initiative in India. This special program called Uber Access and More...
Uber ban in London : Transport regulator says Uber is “unfit” for private hire operator licence
Uber ban in London : In a massive blow to US-based Uber, the taxi services company’s five-year operating license in London will not be renewed after this month as it has been deemed to be unfit by the Transport More...
Retail industry news : Amazon set to acquire Whole Foods Market for $13.7bn
In a massive retail acquisition deal, E-commerce giant Amazon has announced that it will acquire American supermarket chain Whole Foods Market for approximately $13.7 billion. According to the latest retail news, More...
Sirius XM to invest $480m in Pandora digital radio business for 19% stake
Sirius XM acquisition news : Sirius XM Satellite Radio, world’s largest radio company headquartered in New York City is set to make strategic cash investment of $480 million for a 19% stake in California-based More...
Indian e wallet provider Paytm secures $1.4bn SoftBank investment
Indian e wallet service provider, Paytm has secured an investment of $1.4 billion from Japanese internet and telecom major giant SoftBank Group. The investment which was made in the Paytm owner company, One97 Communications More...
Facebook to add 3,000 new jobs for monitoring violent videos
If you have been dreaming to work at Facebook, then here is the golden chance with the social media giant announcing that it plans to recruit 3,000 people over the next year all around the world for faster response More...