Citi merges wealth management units to create Citi Global Wealth
Citi, a US-based financial services company, has merged the wealth management teams of its global consumer banking (GCB) and the institutional clients group (ICG) divisions ... Read More
Coface acquires GIEK Kredittforsikring from Norwegian govt
US insurance company Coface has closed its acquisition of GIEK Kredittforsikring, a company formed in 2001, and owned by the Norwegian Ministry of Trade, Industry ... Read More
US insurtech company Gradient AI raises $6m in Series A round
US insurtech company Gradient AI, which uses artificial intelligence-based solutions, has secured $6.0 million in a Series A financing round led by Forte Ventures and ... Read More
Experian acquires Look Who’s Charging to strengthen open data offering
Experian, an Irish consumer credit reporting company, acquired Look Who’s Charging, an Australian fintech startup, for an undisclosed sum to strengthen its open data offering. ... Read More
Cityneon secures new investment, eyes expansion in experience entertainment
EDBI, a Singapore government-linked global investor, has made an undisclosed strategic investment in Cityneon Holdings, a creative solutions provider for interior architecture, events and exhibitions. ... Read More
Uber launches special cabs in Bengaluru for differently-abled and elders
The ride-sharing company Uber has launched special cabs in Bengaluru to assist differently-abled and elderly people, which is a first of its kind initiative in ... Read More
Uber ban in London : Transport regulator says Uber is “unfit” for private hire operator licence
Uber ban in London : In a massive blow to US-based Uber, the taxi services company’s five-year operating license in London will not be renewed ... Read More
Retail industry news : Amazon set to acquire Whole Foods Market for $13.7bn
In a massive retail acquisition deal, E-commerce giant Amazon has announced that it will acquire American supermarket chain Whole Foods Market for approximately $13.7 billion. ... Read More
Sirius XM to invest $480m in Pandora digital radio business for 19% stake
Sirius XM acquisition news : Sirius XM Satellite Radio, world's largest radio company headquartered in New York City is set to make strategic cash investment ... Read More
Indian e wallet provider Paytm secures $1.4bn SoftBank investment
Indian e wallet service provider, Paytm has secured an investment of $1.4 billion from Japanese internet and telecom major giant SoftBank Group. The investment which ... Read More