Accel invests $2.6 Mn in Produze to help farmers with global exports

Accel invests $2.6 Mn in Produze to help farmers with global exports

Accel has reportedly completed a $2.6 million investment in Produze, an Indian company focused on helping local agri producers, for expanding footprint into international buyers.

The investment marks the latest series of bets amidst ongoing efforts of investors and entrepreneurs to enhance efficiency and empower one of the largest agri producers in the world.

Conventionally, farmers deliver their output to a farmer aggregator, who then distributes it to a trader, who ultimately sends the products to an exporter.

Followed by this, the produce goes through a distributor and an importer before rea

ZeroAvia announces $30 Mn funding to bring Series B round to $68 Mn

ZeroAvia announces $30 Mn funding to bring Series B round to $68 Mn

ZeroAvia has reportedly announced funds of USD 30 million from new investors NEOM, AENU, and Barclays Sustainable Impact Capital, along with International Airlines Group (IAG) adding to prior investment, bringing the value of the Series B round to USD 68 million.

ZeroAvia considers three major airlines as key investors in the form of United Airlines, IAG, and Alaska Airlines.

The latest investment will advance the company’s development program of a 2-5MW hydrogen-electric powertrain which intends to power 40-80 seater aircraft with zero-emission engines over the next four years.

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CCI accepts Shell’s proposal to acquire energy company Solenergi Power

CCI accepts Shell’s proposal to acquire energy company Solenergi Power

The Competition Commission of India (CCI) has finally approved British oil and gas giant Shell’s proposed acquisition of energy firm Solenergi Power.

Earlier announced in April, the deal did not receive CCI approval until now, allowing Shell Overseas Investments BV complete control of Solenergi Power Pvt. Ltd. with the acquisition of 100% shareholding.

Imperative to note that when any deal between two entities exceeds a certain threshold it requires approval from the CCI, as it ensures authenticity and allows the regulator to monitor acquisitions closely and prevent unfair business practices whilst promoting fair competition i

Carsales and LiSTNR collaborate over podcast series on the EV sector

Carsales and LiSTNR collaborate over podcast series on the EV sector

Carsales, an online marketplace in Australia, has recently announced a long-term podcast collaboration with LiSTNR, with the first of four new podcast series beginning this month.

Known as ‘Watts Under the Bonnet: the EV (Electric Vehicle) Podcast’, the first collaboration would focus on topics related to electric vehicles as its interest continues to grow.

Watts Under the Bonnet influences the carsales’ content strengths and is expected to be co-hosted by well-known motor racing columnist, reporter Greg ‘Mr. Motorsport’ Rust, LiSTNR’s Rusty’s Garage host and Nadine Armstrong, carsales&rsquo

lululemon launches in Spain with plans to expand global footprint

lululemon launches in Spain with plans to expand global footprint

U.S.-Canadian athletic apparel retailer, lululemon athletica has announced plans to launch the brand across more international markets after opening two new outlets and a local e-commerce site in Spain.

With a combination of an extensive landscape and the company’s ‘Power of Three ×2’ growth strategy – which aims to quadruple the brand’s 2021 international revenue by the end of 2026 – lululemon is foraying into Spain as the first new market in Europe since 2019.

Following the official launch of lululemon.es in late July, customers will be able to shop the brand’s innovative range of ap

MachineMax partners with INTSITE to improve machine safety & efficiency

MachineMax partners with INTSITE to improve machine safety & efficiency

The strategic partnership intends to leverage INTSITE’s camera-based solution for enhancing overall machine performance

Shell company-owned MachineMax has inked a strategic partnership with INTSITE with the aim of using video telematics and contextual machine data to design digital monitoring solutions that can help enhance overall machine performance, CO2 reduction, fuel efficiency, and safety.

As a part of the collaboration, INTSITE will lend its AI and Deep Learning expertise for the optimization of equipment at a worksite, which will help transform the performance of industries that are largely

Birlasoft & Google Cloud partner to boost digital transformation

Birlasoft & Google Cloud partner to boost digital transformation

Birlasoft, an IT software company, has recently announced that it has entered a global partnership with Google Cloud to hasten its digital transformation journey.

The IT firm has been emphasizing on driving benefits of cloud transformation to its users via extended business value chain and enhanced business integration. It has been working closely with its customers on the journey of digital transformation across its selected industry vehicles, Life Sciences, Manufacturing, BFSI, and Utilities and Energy.

The company believes that using its expertise on Google Cloud's technology offerings will empower customers across several ve

Slip.stream raises $7.5m in Series A round joined by Sony Music

Slip.stream raises $7.5m in Series A round joined by Sony Music

Slip.stream, an up and coming music startup, has reportedly closed a $7.5 million Series A funding round that saw participation from investors such as by Sony Music Entertainment, Lightshed Ventures, and Third Prime.

Slip.stream, which offers royalty-free music and sound SFX, stated that it will be working with Sony Music to delve into new ‘premium music opportunities’ for its artists within the startup’s platform.

The startup calls itself a ‘creator safe’ music platform that was launched by Dan Demole, music publishing firm Jingle Punk founder; Jesse Korwin, Jingle Punk CMO; and David Carson, the found

Industrial IoT Market - Demand, Growth Trends and Top Key Players to 2028

Industrial IoT Market - Demand, Growth Trends and Top Key Players to 2028

An exceptionally scientific subjective pertaining to the Industrial IoT Market has been shrouded in this report. The examination assesses the important segments of this industry by contemplating its historical figures and projections, In the report, considerable insights concerning Porter's five power model, a SWOT investigation, as well as a PESTEL analysis of the market are likewise given.

 

The Industrial IoT Market report coverage is comprised of various parameters such as the industry size, regional opportunities for market expansion, important participants in the industry, restraining factors as well as driving forces, segmental analysis, and details on competitive landscape.