Hagerty receives USD 105 Million in Capital from investors
Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, recently announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the Hagerty family. This capital raise is comprised of $80 million of convertible preferred equity, which closed on June 23rd, […]
Catch India’s Only Speech-Tech & Voice AI focussed Conference & Exhibition
The 3rd Edition of the SpeechTech Summit India 2023, organised by The Future Event Media & Productions, is being hosted on 15th & 16th June 2023 at the Sheraton, New Delhi. Designed to host industry experts, in charge of the contact centre and customer experience and are early adopters of speech or voice technology in the Indian market, the […]
Keysight launches new compact network test solution to aid network engineers
Keysight Technologies, Inc. (NYSE: KEYS) is expanding its Novus portfolio with the new Novus mini, a network test platform in a compact form factor that addresses the needs of network engineers as they deploy automotive and industrial internet of things (IoT) devices. As enterprises transition to Industry 4.0 business models to take advantage of digitalization, their reliance on […]
Cummins Arabia and OWS Automotive sign MOU for defense service applications
Cummins Arabia and OWS Automotive signed a Memorandum of Understanding to collaborate on defense service applications. This collaboration follows the impressive participation of both firms at IDEX 2023 in Abu Dhabi and aims to explore powertrain solutions and technical support for defense end-users, with a focus on identifying viable and mutually beneficial business opportunities within the Middle East. […]
JEDEC creates new automotive steering subcommittee
JEDEC Solid State Technology Association, the global leader in the development of standards for the microelectronics industry, announces the formation of the JC-42.9 Automotive Steering Subcommittee responsible for investigating memory technologies and recommending solutions pertaining to automotive applications. Following the Board of Directors’ approval earlier this month, the new subcommittee will hold its first meeting […]
Tata Motors partners HDFC Bank to offer Electric Vehicle Dealer Financing program
In a bid to increase EV adoption in the country, Tata Motors, India’s leading automotive manufacturer has joined hands with HDFC Bank, India’s largest private sector bank, to offer an Electric Vehicle Dealer Financing solution to its authorized passenger EV dealers. Under this scheme, Tata Motors will provide its dealers additional inventory funding over and […]
GV and Schneider Electric signs MOU
GV Real Estate Development signed a memorandum of understanding and a framework agreement on the sidelines of its participation in the 27th United Nations Climate Change Conference COP27, which is be held from November 6-18 in Sharm El-Sheikh. Schneider Electric, which specializes in energy management, digital transformation and automation, in the MOU Schneider will provide […]
