Hyderabad-based Innovapptive raises $16 Mn funding from Tiger Global
Innovapptive, a connected workforce platform for asset-intensive industries, has raised a Series A investment of $16.3 Mn led by New York investment firm Tiger Global Management, LLC. The new funding, which brings the company’s valuation to over $65 Mn, will be utilized for the company’s global expansion and for further investment in its connected workforce […]
Jet Airways saga: From soaring the skies to being temporarily grounded
Jet Airways, India”s oldest private airline, decided to temporarily suspend all flights from Wednesday night as cash ran out and banks refused to give more money. It became the second major airlines to shut down operations, even temporarily, this decade after Kingfisher in 2012. Jet Airways was informed by the State Bank of India (SBI), […]