Sodexo launch India’s first-ever Enterprise Foodtech Program

Sodexo, global food services major, has announced a strategic initiative to work with Indian Startups and closely connect with the local digital & innovation ecosystem to strengthen food offers for Sodexo’s clients and consumers. This open innovation program is in partnership with Zone Startups, a global brand of tech accelerators and early stage venture funds, demonstrating its strong commitment to fast-track growth in the Indian market. The initiative is an effort to extend Sodexo’s Open Innovation Program that has been successful in France and is now focusing on Asia Pacific –…

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OBOPAY offers advanced pre-payment instrument for enterprise customers

 In an effort to empower enterprises with a comprehensive disbursement and payments solution, OBOPAY, the global financial technology company, has launched a new generation pre-payment instrument in partnership with Federal Bank and Mastercard. The highlights of the card include unique innovations such as the multi-wallet facility that allows dedicated payments and allocation of money for various purposes, the ‘Split transaction’ feature which provides payment flexibility to users and multiple payment scenarios among many others. While Cardholders will be able to use the OBOPAY card as a prepaid card, the card will also provide…

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Fabrento begins events rental furniture supply

Fabrento, an online rental startup, backed by Continental Group, has entered into events segment with its new range of furniture, FabEvents. Started in 2016, with FabEvents, Fabrento has become the first rental startup to cater to the event sector. FabEvents lets its customers to lease furniture on rent payable per day. Furniture categories offered in FabEvets ranges from the delectable variations of Sofas, magnificent Varity of chairs, heavily crafted decors and much more, along with its customization facility. Fabrento is currently operational in Delhi NCR, Mumbai/Thane, Chandigarh, Mohali, Jalandhar, Ludhiana, Ambala…

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Farm to retail platform receives Rs 250 crore funding support

Ninjacart, the technology platform that connects farmers with retailers, has received a major funding support of Rs 250 crore. Its series B funding round got the support from a clutch of investors including Accel US, Syngenta Ventures (Switzerland / USA), Neoplux (South Korea), etc. The platform is presently covering three major cities in the southern part of the country – Bengaluru, Hyderabad and Chennai – connecting over 3000 farmer with retailers. The fresh funding support is expected to expand its reach to 10 cities in the country. It will also…

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Japanese firm invests in Indian meat delivery start-up

Japanese business conglomerate Nichirei Corp has invested in the Indian Meat and seafood delivery start-up Licious. Nichirei led the series- D round of funding which ultimately delivered $25 million funding for the further expansion of Licious. As per available details, the fund will be used by Licious to expand its geographical reach within the country with leading metro markets like Mumbai, Pune and Chennai, being the prime targets in 2019. The company has already built a base in other lucrative markets like Delhi/NCR, Bengaluru and Hyderabad. The company has reported…

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20 start-ups to get on board of IKEA bootcamp

Global furniture giant IKEA is inviting 20 growth-stage start-ups from to join its start-up program called IKEA Bootcamp. This will also include start-ups from India. Through the three months long, semi-remote program slated from March 25 to June 18 2019, IKEA aims to find partners that can help address the big challenges of future – ‘affordability for the many people’, ‘connecting with and being accessible for people across the world’, and ‘enabling a positive impact on the planet, the people and society’. IKEA Bootcamp is a start-up program run by IKEA,…

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FarEye recognized in Gartner’s Market Guide

Noida headquartered FarEye, a technology solution to run eCommerce and supply chain logistics operations, has been mentioned as a representative vendor in Gartner’s recent Market Guide for Real-Time Visibility Providers. According to Gartner’s 2017 Supply Chain Technology User Wants and Needs Survey, visibility ranks as the highest priority initiative in the supply chain. “FarEye Transportation offers digital ecosystems that connect all freight logistics stakeholders on one platform, fostering collaboration and transparency. Their technology is being used by companies in the 3PL, postal, CPG, metal, mining, cement, automotive and retail industries,”…

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Facilio raises $ 6.4 million from Tiger Global, Accel

 Facilio, a Facilities Management Tech start-up offering the unified IoT and AI-driven facilities optimization software, has announced a funding of USD 6.4 million led by international venture capitalists Tiger Global Management, LLC and existing investor Accel. Tiger Global has several successful early stage investments in companies including Flipkart, Freshworks, Peloton and Invision. Accel is a leading global venture capital firm with investments in ventures like Facebook, Slack, Flipkart and Freshworks among others. Founded in 2017 by cloud and IoT veterans Prabhu Ramachandran, Rajavel Subramanian, Yogendra Babu and Krishnamoorthi Rangasamy, Facilio offers real-time…

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EOS-ETIHAD TO EXPAND INDUSTRIAL 3D PRINTING CAPABILITIES

EOS, the world’s leading technology supplier in the field of industrial 3D printing, and Etihad Airways Engineering, the largest aircraft maintenance, repair and overhaul (MRO) services provider in the Middle East, have agreed a strategic partnership which will significantly expand local capabilities for industrial 3D printing in aviation.  The partnership agreed at the Formula 1 Etihad Airways Abu Dhabi Grand Prix last weekend, will enable Etihad Airways Engineering to produce aircraft parts at their facility in Abu Dhabi. Visitors to the race were able to view a full-scale 3D printed…

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Booking Booster 3.0 to support start-ups

Global travel technology major Booking.com has announced the opening of applications for the third annual Booking Booster accelerator program for startups in sustainable tourism. Booking.com is calling startups from around the world that are building technology-driven solutions to solve sustainable travel challenges – in multiple areas – to apply for support from its €2 million fund. For the 2019 edition, Booking.com will select and invite 10 social enterprise startups in the sustainable tourism sector that are ready to scale their business plans to a three-week accelerator program in Amsterdam in May…

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