KNAB Finance Advisors Private Limited, a regulated NBFC registered with RBI, has raised $4.5 million in debt and equity for its digital lending platform, Abhi Loans, it announced on Tuesday. DMI Sparkle Fund led the funding round along with other prominent angel investors such as Niten Malhan, Ashvin Chadha, SK Jain and others, the company… Continue reading DMI Sparkle leads $4.5m funding in Abhi Loans and India deals worth $165m
Category: Automotive
Fidelity, BlackRock trim Ant’s valuation further, says Bloomberg report
Ant Group’s valuation has been trimmed by global investors including BlackRock Inc and Fidelity Investments, which bought private shares ahead of the Chinese fintech giant’s scuppered initial public offering, Bloomberg reported on Tuesday. Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, down from $78 billion in June last… Continue reading Fidelity, BlackRock trim Ant’s valuation further, says Bloomberg report
Japan’s JERA to buy 35% stake in Vietnam’s renewable energy firm for $112m
Japan’s biggest power generator JERA said on Tuesday it will spend about 15 billion yen ($112 million) to buy a 35.1% stake in Vietnamese renewable energy company Gia Lai Electricity JSC (GEC) to expand its overseas business. The acquisition of an affiliate of Vietnamese conglomerate TTC Corp comes as the Japanese utility steps up its decarbonisation efforts to help tackle global climate change. The deal is aimed… Continue reading Japan’s JERA to buy 35% stake in Vietnam’s renewable energy firm for $112m
@FCA: New Mopar Store by Amazon Helps Commemorate Mopar’s 85th Anniversary
August 16, 2022 , Auburn Hills, Mich. – This year marks the 85th anniversary of the Mopar brand and to help celebrate this milestone, Mopar opened its all-new Mopar Store by Amazon. Mopar is the exclusive source of authentic original equipment automotive parts, service and customer care for millions of Chrysler, Dodge, Jeep®, Ram and FIAT… Continue reading @FCA: New Mopar Store by Amazon Helps Commemorate Mopar’s 85th Anniversary
Ubility One from Grammer at InnoTrans and IAA Transportation: A new approach to sustainable seating on buses and trains
Grammer AG, August 16, 2022 – Climb aboard and sit down in the passenger seat of the future: Grammer, one of the leading international manufacturers of commercial vehicles and passenger seats, will be presenting the innovative Ubility One product family at InnoTrans and IAA Transportation, the two leading international trade shows for transport and logistics.… Continue reading Ubility One from Grammer at InnoTrans and IAA Transportation: A new approach to sustainable seating on buses and trains
As Gas Prices Decline, the Automotive Fuel Delivery System Market Expected to See Significant Growth
FinancialNewsMedia.com News Commentary PALM BEACH, Fla., Aug. 12, 2022 /PRNewswire/ — The automotive fuel market is expected to continue to rise even as the electric market grows. A recent report from Research Corridor says that the global automotive oil & fuel market size is expected to register a significant CAGR during the forecast period 2020… Continue reading As Gas Prices Decline, the Automotive Fuel Delivery System Market Expected to See Significant Growth
Open for Business: New Mopar Store by Amazon Helps Commemorate Mopar’s 85th Anniversary
AUBURN HILLS, Mich., Aug. 16, 2022 /PRNewswire/ — Wide variety of exclusive, officially licensed Mopar gear and merchandise now available for online purchase at Mopar Store by Amazon New site also features Mopar 85th anniversary-specific items Continue Reading New Mopar Store by Amazon Helps Commemorate Mopar’s 85th Anniversary with wide variety of exclusive, officially licensed… Continue reading Open for Business: New Mopar Store by Amazon Helps Commemorate Mopar’s 85th Anniversary
TraceLink Adds Multienterprise Task Management to Healthcare and Life Sciences Industries’ First Supply Chain Work Management Solution
Built on Opus™, the Platform for the Internet of Supply Chains™ BOSTON, Aug. 16, 2022 /PRNewswire/ — TraceLink Inc., the leading digital network platform company, today announced the addition of powerful multienterprise task management capabilities in Supply Chain Work Management—the first solution to digitalize multi-company supply chain business processes for the healthcare and life sciences… Continue reading TraceLink Adds Multienterprise Task Management to Healthcare and Life Sciences Industries’ First Supply Chain Work Management Solution
Montway Auto Transport Named One of the Fastest-Growing Private Companies in America on Inc. 5000 List for the Fourth Time
Montway ranks No. 3,263 on Inc. Magazine’s highly competitive list CHICAGO, Aug. 16, 2022 /PRNewswire/ — Montway Auto Transport, one of the nation’s leading third-party logistics brokerages, is No. 3,263 on the 2022 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The annual list ranks companies by overall revenue over a… Continue reading Montway Auto Transport Named One of the Fastest-Growing Private Companies in America on Inc. 5000 List for the Fourth Time
Liviri Named Winner of Food Logistics’ 2022 Top 3PL & Cold Storage Providers Award
Award celebrates innovations in food and beverages industry FORT COLLINS, Colo., Aug. 16, 2022 /PRNewswire/ — Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, named the Liviri Sprint series as a winner of this year’s Top 3PL & Cold Storage Providers Award. This… Continue reading Liviri Named Winner of Food Logistics’ 2022 Top 3PL & Cold Storage Providers Award