Insight

FAAD Capital has made investments in four agritech firms, namely Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech, with the intention of assisting their expansion strategies.

Gupshup, the conversational engagement platform, has appointed Lorrie Norrington, an experienced IT professional, to its board of directors.

Captain Fresh, a company specializing in the supply chain of seafood, has just purchased Koral, a Polish company that produces and distributes salmon products under its own brand.

MediaMint, a multinational company that offers revenue and media operations services using artificial intelligence, has named Rajeev Butani as its new Chief Executive Officer.

Pneucons, a business focused on B2B industrial marketplaces, has successfully concluded its pre-series financing round, the details of which have not been released.

Unimech Aerospace has secured a total of Rs 250 crore ($30 million) from Steadview Capital Mauritius Limited, ValueQuest Scale Fund, and Evolvence India Fund IV Ltd through a private placement transaction.

Tata Consultancy Services, an Indian technology business, has broadened its collaboration with Rolls-Royce, a British multinational that specialises in civil aerospace, defense aerospace, services, and power systems, in order to further its sustainable efforts.

A quick or brief look. InMobi Pte., a mobile content provider, is currently in advanced discussions to obtain a fundraising round of up to $250 million. This funding round is being spearheaded by Google, who is already a supporter of InMobi.

One 97 Communications Limited (OCL), the parent firm of Paytm, has declared a strategic alliance with Axis Bank.