Increased adoption of artificial intelligence and increased enrolment in massive open online courses to drive the growth of the Global Smart Education and Learning Market through 2026.
Standard Chartered’s latest survey into the sustainable investing trends among the emerging affluent, affluent and high net worth investors revealed that sustainable investing is at a tipping point, with awareness and interest at an all-time high. However, investor apprehensions – lack of measurement and transparency – are preventing sustainable investing from becoming more mainstream.
FloBiz, a neobank for the growing Indian SMBs, has raised $31 million in Series B round led by Sequoia Capital India, Think Investments and its existing investors Elevation Capital & Beenext. The capital will be deployed for team expansion, product development and scaling distribution to serve more businesses.
Benchmark indices ended lower amid weak global cues on Monday. At 9:20 hours, Sensex declined 333 points to 58,682.63 and Nifty slipped 122 points to 17,463.30.
MediaTek, the world’s 4th largest global fabless semiconductor company and a frontrunner in the R&D segment, announced significant hiring plans in FY 2022 as part of the R&D facility expansion and commitment to the India Market. With a focus on developing an innovative and comprehensive range of solutions, MediaTek is looking to hire across offices in India, with a focus on AI technologies, smart home/enterprise segments, 5G and wireless communications among others.
Union Bank of India through its international banking division today, announced that it has secured a Sustainability linked Loan aggregating to total syndicated facility of USD 1.5 Bn with one of the leading trading corporate globally.
GTM Buddy, a sales-tech SaaS startup, has announced that it has raised $2 million in its seedround, led by Stellaris Venture Partners. Founded by Sreedhar Peddineni, a serial entrepreneur, along with co-founders Santa Thounaojam, Sundar Vellaichamy, and Chandramani Tiwary, GTM Buddy is reimagining the sales enablement category and intends to be a category disruptor
Indian benchmark indices opened higher amid mixed global cues. At 09:20 hours, the 30-share BSE index was trading 232 points or 0.40 per cent higher at 58,410.11, and the broader NSE Nifty was up 54.65 points or 0.31 per cent to 17,409.95.
Suumaya Industries Ltd. (NSE Code: SUULD), an emerging diversified conglomerate group, through its 100% fully-owned subsidiary Suumaya Retail Ltd. has acquired a minority stake in the value retail chain startup Nysaa Retail Private Limited, which operates stores under the brand name 1-India Family Mart.
Domestic equity market indices BSE Sensex and Nifty 50 were trading weak on Monday, mirroring the global markets. BSE Sensex was hovering around 58,050, while the Nifty 50 index gave up 17,350.