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Position management software company ROLLER awards early investors following $28 million funding round

ROLLER has completed a $28.2 million fundraising round as it seeks to benefit from the global leisure and entertainment sectors recovery. Early invest

ROLLER has completed a $28.2 million fundraising round as it seeks to benefit from the global leisure and entertainment sectors recovery. Early investors will receive a $18.2 million liquidity payment from the majority of the cash, and the remaining funds will be used to make significant product and personnel investments by the company. The corporation asserts that over the past three years, its revenue has increased at a compound annual growth rate CAGR of 75%. Read More..

B2B Tech News | 3 years ago          

Kenya to pay another 5.4 billion shillings on external debt with strong dollar

In the year ending in June, the shilling fell to Sh117.83 versus the dollar by around 9.25%. Repayments to bilateral and commercial lenders have also

In the year ending in June, the shilling fell to Sh117.83 versus the dollar by around 9.25%. Repayments to bilateral and commercial lenders have also contributed to a decline in Kenyas foreign exchange reserves. Loans used to finance the construction of the standard gauge railway from Mombasa to Nairobi make up a significant portion of the debt that Kenya is currently carrying. Last Friday, the Central Bank of Kenyas stated official shillingtodollar exchange rate was 122.63 units. Kenyas external debt will increase if the shilling continues to fall. For the first time, it is anticipated that Kenyas debt repayments would exceed the cost of maintaining the national government. Read More..

B2B Tech News | 3 years ago          

Dalmia Bharat acquires cement assets from Jaypee Group for Rs 5,666 crore

The flagship company of the Jaypee Group, Jaiprakash Associates Ltd, and its affiliated companies have agreed to sell their cement assets to Dalmia Bh

The flagship company of the Jaypee Group, Jaiprakash Associates Ltd, and its affiliated companies have agreed to sell their cement assets to Dalmia Bharat Ltd for an enterprise value of Rs 5,666 crore. The agreement includes thermal power plants with a combined capacity of 280MW, 6.7 MnT of clinker capacity, and 9.4 MnT of cement capacity annually. The states of Madhya Pradesh, Uttar Pradesh, and Chhattisgarh are where these assets are located. Transaction is subject to due diligence, necessary lender/JV approvals, and regulatory authority approvals. Read More..

B2B Tech News | 3 years ago          

Vietnamese spared by US tech crisis

Because major corporations like Amazon and Meta each made tens of thousands of dollars in contributions, I believe it to be very realistic. Now, small

Because major corporations like Amazon and Meta each made tens of thousands of dollars in contributions, I believe it to be very realistic. Now, smaller businesses can hire those laid off by larger ones. In fact, now is a fantastic time to hire staff for small businesses. Engineers in Vietnam are equivalent to those in other nations. Engineers who are laid off in industries other than technology will have a considerably harder time finding employment. Tech professionals continue to enjoy a significant advantage over those in other professions. I anticipate no problems. Layoffs will occur, but gradually everything will return. Read More..

B2B Tech News | 3 years ago          

Electric cargo bike supplier Cargoroo adds 10 million euros to the purse

Residents in the Netherlands, France, Belgium, and Germany can anticipate seeing an increase in the number of shared electric cargo bikes navigating s

Residents in the Netherlands, France, Belgium, and Germany can anticipate seeing an increase in the number of shared electric cargo bikes navigating streets and transporting people and goods thanks to a new €10 million funding round. Even if you havent recently visited the lowlands, if youve been on or near a public road in the last few minutes, theres a good chance youve seen an electric bike of some kind pass by. Now that Cargoroo, an Amsterdambased company, has raised €10 million in a fresh financing round expressly geared at expanding the startups reach outside the borders of Europes most bicyclefriendly country, be prepared to see more yellow shared cargo bikes on the road. Read More..

B2B Tech News | 3 years ago          

Subpod, Byron Bays compost scaler eyes crowdfunding for expansion

Subpod, a business in Byron Bay, has received $787,000 through Birchal, a crowdfunding website. The companys third fundraising effort, which began in

Subpod, a business in Byron Bay, has received $787,000 through Birchal, a crowdfunding website. The companys third fundraising effort, which began in 2018 with an angel investment of $420,000, just finished. In order to prepare for a nationwide US distribution effort in 2024, Subpod may need to raise up to $4 million in additional cash the following year. Because it offers a small, odorfree design with 90% of the Subpod positioned below the soil of any garden, the cuttingedge composting device is becoming popular with city dwellers. The Subpod is a groundbreaking composting system, worm farm, and garden seat all in one. Read More..

B2B Tech News | 3 years ago          

Asian tech giants are seeing a silver lining despite a tough year of job cuts, dwindling inventories and losses

After a tumultuous year of massive job cuts and plummeting share prices, the clouds may be lifting for Asias technology behemoths. Analysts say most

After a tumultuous year of massive job cuts and plummeting share prices, the clouds may be lifting for Asias technology behemoths. Analysts say most have reported thirdquarter earnings that exceeded or were in line with expectations, indicating that costcutting measures are beginning to pay off, though they warn that there will be more twists and turns ahead. Read More..

B2B Tech News | 3 years ago          

Getir acquires Gorillas and Einride trucks for 500 million dollars and more than 2.4 billion euros have been invested in European technology this week

We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, a

We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, and associated news pieces across Europe. We monitored more than 90 tech fundraising transactions worth more than €2.4 billion this week, as well as more than 15 exits, M&A deals, rumours, and associated news pieces across Europe. You belong to the select group with special access to our findings as a paid subscriber. Youd struggle to keep up with it all, even though we frequently post this information in realtime on Twitter and Instagram the much more fun choice. Trust us we are knowledgeable. We take up the task each and every week so you dont have to. Read More..

B2B Tech News | 3 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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