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SaaS partnership Aerotruth raises $1.3 million in seed funding round with oversubscriptions

A $1.3 million oversubscribed seed fundraising round for Aerotruth, a Software as a Service SaaS platform that streamlines B2B partnership processes,

A $1.3 million oversubscribed seed fundraising round for Aerotruth, a Software as a Service SaaS platform that streamlines B2B partnership processes, was concluded this week. The funding round, which was spearheaded by Archangel Ventures and included Afterwork Ventures, Black Sheep Capital, Change Com, Cut Through Angels, Spring Capital, and Unlock Capital, will hasten the companys plans for international expansion. Aerotruth is a partner tech platform that streamlines the B2B partnership process for fintechs, banks, and other financial institutions. It was cofounded by CEO Michael Liu and CCO Bryce Currie. The business has already signed up more than 40 financial institutions with locations in 25 different countries since the platforms inception in May of this year. Read More..

B2B Tech News | 2 months ago        

The IMF board approves the disbursement of 203 million dollars to the Democratic Republic of the Congo

The third programme assessment by the executive board of the International Monetary Fund has been completed, allowing for an immediate release of arou

The third programme assessment by the executive board of the International Monetary Fund has been completed, allowing for an immediate release of around $203 million to the Democratic Republic of Congo, the organisation announced on Tuesday. With the lender, Congo has a threeyear, $1.5 billion extended credit facility plan in place to assist with funding needs related to the coronavirus outbreak. In a statement, the IMF said that progress made as part of the programme remains adequate. Given the negative prognosis for the national and international economies, this distribution will aid in bolstering international reserves. Read More..

B2B Tech News | 2 months ago        

BigBasket, owned by Tata, adds $200 million to its basket

According to BigBaskets cofounder and CEO Hari Menon, the platform has raised $200 million at a valuation of US$3.2 billion. BigBasket is an Indian on

According to BigBaskets cofounder and CEO Hari Menon, the platform has raised $200 million at a valuation of US$3.2 billion. BigBasket is an Indian online supermarket owned by the conglomerate Tata Sons. The egrocery company was valued at US$2.7 billion in March as a result of a secondary share sale. BigBasket was purchased by Tata Sons through its subsidiary Tata Digital in 2021. BigBasket was founded in 2011 by Menon and four other partners, V S Sudhakar, Vipul Parek, Abhinay Choudhari, and V S Ramesh, out of a modest office in Bengaluru. Read More..

B2B Tech News | 2 months ago        

Celestyal Cruises is doubling its sales force in North America

Celestyal Cruises has announced the addition of two new members to its US sales team. According to a news statement, the cruise line named Kathleen Le

Celestyal Cruises has announced the addition of two new members to its US sales team. According to a news statement, the cruise line named Kathleen Levy as business development manager for the newly formed SouthCentral United States region and Kristina Murphy as an inside sales professional headquartered in Washington. Both Levy and Murphy will report to Jon Grutzner, vice president of business development for North America. We are also looking for a North Americanbased marketing executive and a Pacific Northwest business development manager. Read More..

B2B Tech News | 3 months ago        

Global Topical Drug Delivery Market To Reach USD 186.51 Billion By 2026 At A CAGR Of 8%

The global topical medication delivery market is estimated to increase at an 8.8% CAGR from $126.11 billion in 2021 to $137.15 billion in 2022. The ri

The global topical medication delivery market is estimated to increase at an 8.8% CAGR from $126.11 billion in 2021 to $137.15 billion in 2022. The rising prevalence of diabetes is likely to drive future growth in the topical medication delivery market. As a result, the rising prevalence of diabetes is propelling the topical medication delivery market forward. To strengthen their position in the topical medication delivery industry, major firms in the market are introducing unique products with superior technology. Read More..

B2B Tech News | 3 months ago        

Samara prepares Spanish homeowners for solar energy and raises 4.5 million euros

Samara, a Spanish solar tech firm, intends to overcome Spains dismal track record of getting homeowners to install rooftop solar panels. The online co

Samara, a Spanish solar tech firm, intends to overcome Spains dismal track record of getting homeowners to install rooftop solar panels. The online configurator advises Spaniards on the best solar PV arrangement for their rooftops, as well as storage batteries and solarpowered EV chargers. Before making a purchase, customers can utilise the software to view 3D design representations of solar items. It will compete with SolarMente, a twoyearold company that offers installation, financing, and insurance, as well as Solarbox, which promises complete solar servicing for houses. Read More..

B2B Tech News | 3 months ago        

IFC sees huge potential to boost investment in Africa

US President Joe Biden sponsored a threeday summit this week attended by 45 African nations leaders aimed at strengthening trade ties between the US a

US President Joe Biden sponsored a threeday summit this week attended by 45 African nations leaders aimed at strengthening trade ties between the US and Africa following years of incursions by rival China. He stated that the goal was to create homegrown inventive solutions for Africa that could be exported to the rest of the globe. According to William Sonneborn, IFCs global director of disruptive technologies, Africa has some of the worlds fastestgrowing economies, with 1.4 billion people under the age of 18. Read More..

B2B Tech News | 3 months ago        

RITES and KOEL sign Memorandum of Understanding to explore business opportunities

Kirloskar Oil Engines Ltd. has signed a memorandum of understanding MoU with RITES Ltd. to explore commercial potential for products/solutions in the

Kirloskar Oil Engines Ltd. has signed a memorandum of understanding MoU with RITES Ltd. to explore commercial potential for products/solutions in the areas of railway rolling stock export, infrastructure, and urban transport for local and international markets. KOEL will leverage its R&D expertise, manufacturing acumen, stateoftheart manufacturing facilities, supply chain network, and strong channel through this MoU to develop, manufacture, and supply products for RITES customers, while RITES can provide expertise in design, marketing, operation & maintenance, and any additional support required for tapping growth opportunities. Kirloskar Oil Engines KOEL, the Kirloskar Groups flagship company, is one of the worlds major makers of diesel engines. Read More..

B2B Tech News | 3 months ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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