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Fintech startup Innoviti raises $ 45 million led by Singaporebased Panthera Growth Partners

Innoviti Payments Solutions has raised 45 million dollars in debt and equity. Innovitis Series D funding included an equity round that was led by Pant

Innoviti Payments Solutions has raised 45 million dollars in debt and equity. Innovitis Series D funding included an equity round that was led by Panthera Growth Partners, a Singaporebased investment firm. According to the company, its platform is used by more than 20,000 retailers across 2,000 cities. Innoviti states that it processes an annualized purchase volume of more than Rs. 75,000 crores. Additionally, the business provides retailers in the food, apparel, healthcare, and electronics industries with categoryspecific purchase solutions. For the second consecutive month, UPI transactions exceeded 10 trillion in June. Read More..

B2B Tech News | 3 years ago          

TMobile replaces Huaweis 5G technology with Swedish Ericsson

Swedish Ericsson offers TMobile a new 5G wireless network The contract is signed in 2017 with the current supplier Huawei is not been renewed. In the

Swedish Ericsson offers TMobile a new 5G wireless network The contract is signed in 2017 with the current supplier Huawei is not been renewed. In the past, Australia, Canada, New Zealand, the United Kingdom, and the United States have also banned Huawei devices from 5G networks. KPN is the only Dutch telecommunications operator to use Huawei in its 5G network but has excluded Huawei from its core network, using Ericsson. The decision to replace Huawei with Ericsson is not a surprise given Chinas laws requiring stateowned enterprises to work with intelligence agencies. TMobile also outsourced network management and maintenance to Huawei. Read More..

B2B Tech News | 3 years ago          

According to Snap Inc., the departing director of the US Secret Service would oversee the security of the company

US intelligence director James Murray will join social media firm Snap Inc as chief security officer following his retirement from the federal agency,

US intelligence director James Murray will join social media firm Snap Inc as chief security officer following his retirement from the federal agency, a Snap spokesperson said Thursday. Murrays retirement was announced by intelligence in a statement early Thursday. He will begin his new role at Snapon on August 1, reporting directly to CEO Evan Spiegel, the company spokesperson said. Read More..

B2B Tech News | 3 years ago          

Vantem plans to expand facilities in the United States with funding from pioneering energy companies

Vantem, a manufacturer of modular units used to build highquality, affordable, and energyefficient homes, plans to expand its operations in the United

Vantem, a manufacturer of modular units used to build highquality, affordable, and energyefficient homes, plans to expand its operations in the United States. with a SeriesA investment Vantems system has been deployed in more than three million square feet of homes internationally, including Uruguay, Brazil, Bolivia, Chile, Colombia, and the Caribbean. Breakthrough Energy Ventures, Quadrant Management, and TEM Capital coled the investment. The company plans to build 15 factories in the United States over the next seven years. Vantems system has been deployed in more than three million square feet of homes internationally including Uruguay, Brazil, Bolivia, Chile, Colombia, and the Caribbean. Read More..

B2B Tech News | 3 years ago          

Schumer is preparing a classified briefing on chips and technology for U.S. senators

The Senate Democratic leader has scheduled a classified briefing for Wednesday on the global innovation and technology race and a proposed bill to boo

The Senate Democratic leader has scheduled a classified briefing for Wednesday on the global innovation and technology race and a proposed bill to boost U.S. semiconductor manufacturing. Some fear Congress will not be able to reach a deal before the November elections if it does not agree in the coming weeks. The continued lack of chips has disrupted the automotive and electronics industries, forcing some companies to reduce production. Senate Republicans have threatened to block the bill if Democrats push ahead with social spending and climate bill instead. The Senate passed a bill in June 2021 that would subsidize U.S. semiconductor manufacturing and boost Chinas competitiveness Read More..

B2B Tech News | 3 years ago          

According to Max Cuvellier of Big Deal, African startups are setting new records

Demo Day for the Telecel Group Africa Startup Initiative Program ASIP, powered by Startupbootcamp Africa, was a resounding success. For the top eleven

Demo Day for the Telecel Group Africa Startup Initiative Program ASIP, powered by Startupbootcamp Africa, was a resounding success. For the top eleven startups selected from a pool of over 2,500 applications, the day represented the culmination of 3 months of hard work, great effort, and the promise of a bigger future. The event took place on July 6, 2022, at Hotel Terror Bi in Dakar, Senegal, and representatives from key partners, investment funds, government officials, and ecosystem supporters were in attendance. Telecel Group announced the launch of their panAfrican customercentric mobile application. Telecel Group reinforced its unwavering support for the development of startups in Africa and played a vital role in assisting the top 11 in their proof of concepts and pilots. This superapp which also includes a chat and a wallet has been specially designed to allow you to sell and buy alone or in a group easily and quickly. Read More..

B2B Tech News | 3 years ago          

Business Times says Amazon will sign a major office lease in Singapore

The two 70,000 square foot office floors in the podium of the development are included in the tech giants lease. The Marina Bay area development is sc

The two 70,000 square foot office floors in the podium of the development are included in the tech giants lease. The Marina Bay area development is scheduled to be finished in October 2023. Amazon may be paying a gross effective monthly rental of about S$10 $7 per square foot as the first major anchor tenant. The tech giants rumored move also continues a pattern of multinational corporations bolstering their presence in Singapore to oversee or expand their Asian operations, particularly as Hong Kongs appeal wanes Read More..

B2B Tech News | 3 years ago          

Ukraine has sent dozens of drones to build military drones

The state is also asking for money for the purchase of 200 military reconnaissance aircraft. Ukrainian and Russian forces used small consumer drones t

The state is also asking for money for the purchase of 200 military reconnaissance aircraft. Ukrainian and Russian forces used small consumer drones to repel enemy forces. The Royal United Services Institute RUSI says antidrone tactics are being adjusted. Both sides of Ukraine were able to use this video in realtime very quickly to call off artillery fire and quickly change it to be very accurate, even when using outdated undirected artillery against the enemy. Small and commercial drones can see directly where the enemy is. 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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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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