Saturday, June, 15, 2019 09:42:48

Category: Business

Reliance Jio acquires majority stake in Haptik for INR 700 crore

The acquisition will benefit Reliance Jio in leveraging capabilities of Haptik across various devices and touch points in the consumer’s journey. Reliance Jio Digital, a subsidiary of Reliance Industries, has reportedly acquired artificial intelligence chatbot company Haptik Infotech Pvt. Ltd for INR 700 crore. Reliance …

Airbnb invests in OYO to strengthen its hotel booking business

Online hospitality service firm Airbnb has reportedly invested in OYO, the Indian hotel reservation start-up’s series E funding round, as it plans to further consolidate its stance in the hotel booking business. Neither of the companies have disclosed any details pertaining to the investment, which …

SIA Engineering forms line maintenance joint venture with NokScoot

SIA Engineering’s shares were trading at S$2.49, up by three Singapore cents. SIA Engineering Company and NokScoot Airlines Co have announced a line maintenance joint venture based in Thailand. The joint venture will have an initial registration capital of about 63.7 million baht ($2.7 million). …

EmployStream raises USD 3.5 million in Series A funding round

EmployStream has had a strong growth year in which it started with customer acquisition and grew its client network to more than 100 customers within a year’s time EmployStream, an onboarding automation provider to the staffing industry, has announced that it has raised $3.5 million …