automation industry
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Indian Retailer Bureau Sep 20 2021 - 3 min readIndia’s largest online marketplace for used automobiles, Cars24 Services has closed a US $ 450 million round of funding that has almost doubled its valuation to US $ 1.84 billion. The funding round includes a US $ 340 million Series F equity round, coupled with US $ 110 million debt from multiple financial institutions, the ...
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Franchise India Bureau Jan 28 2019 - 2 min readGreyOrange, robotics and supply chain automation company, has announced two new installations of its Linear Sorter for DTDC, a leading express parcel service provider in India. With this, GreyOrange aims to support DTDC's expansion across India with advanced automation in its key distribution hubs. DTDC has partnered with GreyOrange in the last four years. As the ...
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Franchise India Bureau Sep 19 2018 - 1 min readOn the back of its latest fundraise, Automation company UiPath is looking to raise its headcount to 1200, which is nearly five times its current strength, by the end of 2019. The company also plans to expand its presence to eight cities in India. UiPath had raised $225 million from Capital G, Sequoia and ...
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Franchise India Bureau Apr 05 2018 - 2 min readFinnish industrial machinery company Metso has confirmed to acquire the valve automation division of Indian valve technology company Rotex Manufacturers & Engineers Pvt. Ltd for an undisclosed amount. Rotex plans to use the proceeds from the sale for restructuring group companies and developing new products, managing director Amit Shah said.
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Reetika Bose Sep 29 2017 - 4 min read"Ratan Tata told this reporter in 2010 that India will need to provide jobs to 300 million youth by 2030 and the challenge would be to find meaningful work."Education is lagging behind technology as we deal with the upcoming changes in the industry concerning secured jobs for people. As a result, employability is the big ...