Jeff Bezos invests $1.5B in Amazon air hub for faster deliveries – YourStory

Also read: Amazon falls prey to ‘serious’ online fraud; merchants drained of funds over 6 months Amazon CEO Jeff Bezos, in a twitter post on Tuesday, announced an investment of $1.5 billion in a three million square feet air hub. The Amazon air hub will have the capacity to house around a hundred cargo jets…

View More Jeff Bezos invests $1.5B in Amazon air hub for faster deliveries – YourStory

Ratan Tata invests in Ola’s electric vehicles arm as part of Series A funding round – VCCircle

Ratan Tata, chairman emeritus of Tata Sons, has invested an undisclosed sum in the electric vehicles arm of homegrown ride-hailing firm Ola, the company said in a statement on Monday. Ola Electric Mobility Pvt. Ltd secured this investment as part of its ongoing Series A funding round. Tata was an early investor in ANI Technologies…

View More Ratan Tata invests in Ola’s electric vehicles arm as part of Series A funding round – VCCircle

Ratan Tata invests in Ola Electric – Team-BHP

Ratan Tata has invested in Ola Electric Mobility as part of the Series A funding. However, the company has not disclosed the exact investment figure. Ola Electric has raised Rs. 400 crore from Tiger Global, Matrix India and others. The company is running several pilot programs in country, which include charging solutions, battery swapping stations…

View More Ratan Tata invests in Ola Electric – Team-BHP

Ratan Tata invests in Ola Electric as a part of its Series A round – YourStory

Ratan Tata, Chairman Emeritus, Tata Sons has invested in Ola Electric as a part of the entity’s Series A funding. Ola Electric had raised Rs 400 crore in March this year. Ola’s early investors, Tiger Global and Matrix India and others, had also invested in Ola Electric as part of its first round of investment.…

View More Ratan Tata invests in Ola Electric as a part of its Series A round – YourStory

Amazon Invests in Rivian, an Aspiring Tesla Rival – Gadgets 360

Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant’s biggest bet on technologies with potential to reshape the automotive sector. The deal represents a major endorsement of Rivian’s electric vehicle technology by the world’s largest online retailer. Amazon is…

View More Amazon Invests in Rivian, an Aspiring Tesla Rival – Gadgets 360

SoftBank invests $150 mn in FirstCry as part of larger round – VCCircle

Pune-based Brainbees Solutions Pvt. Ltd, which operates online-first baby products retailer FirstCry, has raised $149.36 million (Rs 1,096.94 crore) as part of the first tranche of a new funding round from Japanese tech conglomerate SoftBank, filings with the Registrar of Companies show. The investment is part of a larger round in which FirstCry is raising…

View More SoftBank invests $150 mn in FirstCry as part of larger round – VCCircle

NIIF’s FoF invests $90m in HDFC’s affordable housing platform

The National Investment and Infrastructure Fund (NIIF)’s Fund of Funds has invested Rs 660 crore ($90 million) in HDFC Capital Advisors Ltd’s real estate investment platform HDFC Capital Affordable Real Estate – 2 (H-CARE 2). According to an official statement, one of NIIF’s shareholders – the Abu Dhabi Investment Authority (ADIA) – was also part of the…

View More NIIF’s FoF invests $90m in HDFC’s affordable housing platform

Sun pharma invests 120 crore in Assam to set up production line

GUWAHATI: Pharmaceutical Company, Sun Pharma has invested Rs 120 crore in Assam to set up production line which will boost the company’s capacity to manufacture liquid vials, injectable, eye drops and tablets. According to statement from Assam government the company has already invested Rs 700 crore in this manufacturing facility in the state and another…

View More Sun pharma invests 120 crore in Assam to set up production line

Amazon invests Rs 590 crore in payments arm ahead of festive sale

Priyanka SahayMoneycontrol News  Ahead of the Diwali sale season, Amazon has pumped in Rs 590 crore ($80 million) into its digital payments arm Amazon Pay, according to Registrar of Companies filings, sourced from data platform Paper.vc. Amazon had earlier invested Rs 230 crore in Amazon Pay two months ago. This is the fourth round of…

View More Amazon invests Rs 590 crore in payments arm ahead of festive sale

Infosys invests $1.5-million more in US firm TidalScale

BANGALORE- Software major Infosys on Monday said it invested an additional $1.5 million (Rs 10.9 crore) in the US-based TidalScale, doubling it to $3 million in the software services firm.”The additional investment of $1.5 million is made through our innovation fund in TidalScale Inc, which is spearheading the software-defined server revolution,” said the city-based IT…

View More Infosys invests $1.5-million more in US firm TidalScale