Flipkart, the Indian e-commerce company informed via its press release that it has collaborated with EDEL (derived from electric delivery), an exclusive electric last-mile delivery service launched by Mahindra Logistics to speed up deployment of electric vehicles across its logistics fleet in the country.

GAIL (India) Limited, country’s leading natural gas company, announced this afternoon about its plans to invest in start-ups operating in its focus areas via its start-up initiative, ‘Pankh’. 

Adani Ports & Special Economic Zone Limited (APSEZ), country’s leading commercial ports operator, announced this morning that it has acquired complete ownership of Krishnapatnam Port by acquiring Vishwasamudra Holdings’ 25 per cent stake for Rs 2,800 crore.

Moneyboxx Finance Ltd, a non-banking finance company that provides loans to micro & small enterprises announced that it has successfully raised Rs 25 crore in debt from a group of lenders. The company informed that the list of lenders include non-banking finance companies (NBFCs) and small finance banks.  

Tata Consultancy Services (TCS), a leading provider of IT services, consulting & business solutions, announced on Wednesday about its launch of a new solution namely, TCS Connected Consumer Home Solution based on reference design kit (RDK) that will enable media & communication service providers (CSPs) in offering intuitive and exciting connected consumer experiences.  

Panache DigiLife via its recent press release informed that it has signed a memorandum of understanding (MoU) with a leading IT company, whose name has not been disclosed yet.   

The MoU has been signed for designing and manufacturing laptops with embedded artificial intelligence (AI) and the internet of things (IoT) feature. This deal aims at transforming education, which is undergoing a major revolution by using the latest embedded AI & IoT technologies.  

Sonata Software Limited announced this morning about its plan to launch CXe, a unique integrated customer experience (CX) management solution developed using the ‘Platformation’ approach (Sonata’s highly esteemed framework for digital transformation) to tap the CX market to fuel growth. 

Stelis Biopharma, a pharmaceutical division of Strides Pharma Science Ltd, announced today that it has successfully completed its series B & C fundraise which amounted to US$ 195 million. This fundraise reinforces the growth potential of the company and enables the company to pursue growth initiatives and scale-up its business further.

Adani Green Energy Ltd (AGEL), one of the biggest renewable energy companies in the world signed a deal worth USD 1.35 billion that secured financing for its renewable asset portfolio (currently under construction) with 12 international banks. This will enable the company to initially finance the 1.69 GW hybrid portfolios, which comprises of solar & wind renewable projects to be set up in 4 SPVs in the state of Rajasthan, India. 

Titan Company Ltd, a lifestyle company engaged in the production of accessories such as jewellery, watches & eyewear, released its investor presentation for its watches and wearables segment on Thursday.