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BeatO raises $33 million from Lightrock India, HealthQuad, Flipkart and others

Diabetic patients digital solution supplier. BeatO announced a Series B investment round of USD 33 million about Rs 269 crore led by Lightrock India,

Diabetic patients digital solution supplier. BeatO announced a Series B investment round of USD 33 million about Rs 269 crore led by Lightrock India, with participation from HealthQuad, Flipkart, and current investors. The new funds will be used to extend BeatOs diabetes care programmes across India, develop the leadership team, and invest further in the companys product and technology. Read More..

B2B Tech News | 2 years ago        

Vidullanka grows in South America with EPC contract in Guyana

The Republic of Guyana has awarded an engineering, procurement, and construction EPC contract to Vidullanka PLC, a pioneer in the renewable energy sec

The Republic of Guyana has awarded an engineering, procurement, and construction EPC contract to Vidullanka PLC, a pioneer in the renewable energy sector in Sri Lanka, to develop two micro hydropower plants with a combined capacity of 2.2 MW. Being the first listed renewable energy firm in Sri Lanka to enter into an international EPC contract, Vidullanka PLC stands apart. With its own engineering division, the company has so far built 10 micro hydropower plants in Sri Lanka and two in Uganda. Read More..

B2B Tech News | 2 years ago        

Benin is testing the power of a rural minigrid with a 1.7 MW solar project

The two are West Africas ARESS and GDS International, a unit of the French energy company Générale du Solaire. Together, they will embark on a minig

The two are West Africas ARESS and GDS International, a unit of the French energy company Générale du Solaire. Together, they will embark on a minigrid project that will provide 12 rural communities with electricity. This project should be finished in a year and will include 3 MWh of battery capacity that would power more than 5,000 houses and businesses. The concept is that Benin, which is a part of a region that historically has failed to capitalise on its enormous renewable resources due to insufficient investment, should serve as a pilot for regulated offgrid electrification. Read More..

B2B Tech News | 2 years ago        

Two Sigma, Holocene added Tesla stock before the fourth quarter fall

According to records made public on Monday, the three hedge funds Group One Trading LP, Two Sigma Investments LP, and Holocene Advisors LP were among

According to records made public on Monday, the three hedge funds Group One Trading LP, Two Sigma Investments LP, and Holocene Advisors LP were among the biggest buyers of Tesla Inc. TSLA.O stock during the third quarter. As of September 30, Group One Trading had a market value of roughly $276 million after adding a fresh holding of slightly more than 1 million shares. Since the end of the quarter, Teslas stock has significantly declined, falling 16% as opposed to the benchmark S&P 500 indexs 11.4% gain. Read More..

B2B Tech News | 2 years ago        

Logistics tech startup Ofload raises $ 60 million in Series B funding

Sydneybased A $60 million Series B fundraising round led by one of Singapores top independent venture capital firms has been completed for Ofload. The

Sydneybased A $60 million Series B fundraising round led by one of Singapores top independent venture capital firms has been completed for Ofload. The digital freight forwarder earned $20 million in Series A funding less than a year ago. The capital raise, which brought the total amount raised to $80 million, was spearheaded by Jungle Ventures. For the 58,000 transport providers in Australia, Ofload wants to be their one stop shop. The companys clientele include companies including Metcash, Asahi, and Kimberly Clark Australia. Ofload is in the ideal position, according to Maersk Growth partner Jeppe Hier, to be driving the digital transformation of freight and logistics in Australia. Read More..

B2B Tech News | 2 years ago        

Carlyle Launches European Clean Energy Developer Wed Rather Build

Carlyle Group has launched a unit to build solar and other renewable energy installations. Carlyle did not indicate how much it planned to invest to r

Carlyle Group has launched a unit to build solar and other renewable energy installations. Carlyle did not indicate how much it planned to invest to reach a 10gigatonne project pipeline by 2030. Since 2018, the company claims to have spent approximately $1.2 billion in renewable assets. Carlyle Infrastructure controls $15 billion in assets in the power, energy, transportation, digital, and water sectors. Telis Energy will concentrate its efforts in the United Kingdom, France, Spain, and Germany. Carlyle did not indicate how much it planned to invest to reach a 10gigatonne project pipeline by 2030. Read More..

B2B Tech News | 2 years ago        

CannonBrookes shakes up AGL and now Australias largest CO2 emitter

AGLs board has been restructured by Mike CannonBrookes, who has appointed four new independent directors. The software magnate wants AGL to spearhead

AGLs board has been restructured by Mike CannonBrookes, who has appointed four new independent directors. The software magnate wants AGL to spearhead the countrys shift to renewable energy. However, shareholders are divided into two groups those concerned with returns and those concerned with board capture. McKenzie and her fellow directors could have taken advantage of the opportunity to demonstrate why the renewable energy transition is critical to AGLs longterm financial success, or to provide new avenues for wealth creation. Read More..

B2B Tech News | 2 years ago        

Esri and Microsoft partner for sustainable agricultural development in Africa

Esri and Microsoft have worked on a sustainable agriculture development programme in Africa. Esri and Microsoft will collaborate to develop and launch

Esri and Microsoft have worked on a sustainable agriculture development programme in Africa. Esri and Microsoft will collaborate to develop and launch technology solutions that would allow African organisations to do croptype mapping at scale. Using Esris geographic artificial intelligence GeoAI capabilities, crop trends and health may be recognised, retrieved, and tracked seasonally. Esri is taking part in the 27th United Nations Conference of the Parties on Climate Change COP27. The company will show how GIS is critical to attaining longterm agricultural development in Africa. Esri software is used by over 350,000 businesses and 200,000 institutions worldwide. Read More..

B2B Tech News | 2 years ago        



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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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