Mahindra Logistics to Propel ONDC Sellers with Same-Day and Next-Day Intra-City Services, Expanding to Comprehensive Logistics Solutions Mahindra Logistics, a key player in the logistics and supply chain sector, has unveiled plans to offer same-day and next-day intra-city pick-up and delivery services to all sellers on the Open Network for Digital Commerce (ONDC). This strategic …
Amagi Expands Capabilities with Acquisition of Tellyo, A Cloud-Based Remote Video Production Platform Amagi, a global leader in cloud-based SaaS technology for broadcast and streaming TV, has announced the signing of a definitive agreement to acquire Tellyo, a prominent cloud-based remote video production platform. The acquisition, conducted for an undisclosed amount, is poised to significantly …
Perfios Achieves Remarkable Financial Turnaround in FY23, Registers Revenue Surge to Rs 407 Crore In a notable achievement, Perfios has reported a substantial financial turnaround in the fiscal year 2022-2023, with its revenue reaching an impressive Rs 407 crore. The fintech company’s success is attributed to its prowess in income analysis, fraud checks, verification processes, …
Company’s Aggressive Expansion 32,000 New Agents Hired BALIC Plans 80 Branch Additions, Faces Challenges in Life Insurance Sector In a robust expansion strategy, the company has successfully onboarded over 32,000 agents between April and October 2023, signaling a significant workforce augmentation effort. Despite this impressive hiring spree, the life insurance industry anticipates a challenging fourth …
Billionaire Chairman of Manipal Group, Pai, Executes Bilateral Debt Transaction with Davidson Kempner In a noteworthy financial move, the billionaire Chairman of Manipal Group, Pai, has engaged in a bilateral debt transaction with Davidson Kempner, indicating strategic financial maneuvers within the business landscape. As part of this transaction, an entity associated with the MEMG Family …