Mukesh Ambani led Reliance is planning to acquire India’s largest cable operator

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Reliance Industries has initiated talks to acquire India’s largest cable oerator, Hathway Cable & Datacom, in a bid to speed up the commercial launch of its GigaFiber high-speed home broadband services. Three people with direct knowledge of the talks confirmed the development, while maintaining that the talks were at “an initial” stage and a deal was still at an “exploratory stage”.
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It’s too early to say if the deal will go through or not, but RILNSE -2.16 % is aggressively pursuing it,” one of the people said. The valuation figure being discussed is around Rs 2,500 crore, this person said. Hathway is a multi-system operator, the industry term for a cable company that signs content and carriage deals with broadcasters, and offers the services to local cable operators.

Gobolt, a New Delhi-based transportation solution provider in B2B segment, has raised undisclosed amount in Pre-Series A round. The investment was led by startup incubator MCube8, a division of financial advisory firm MCube Capital.The company will use the raised funds in ramping up operations and improving technology.

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GoBolt was launched in October 2015 by three alumni of S.P. Jain Institute of Management and Research, viz. Parag Aggarwal, Sumit Sharma and Naitik Baghla. It provides solutions for on-demand movement of goods between two major cities or ports or from a transportation hub to a final destination in the area. It also provides data services such as Fleet Management System, Control Tower Services, GPS Tracking, and Data analytics.

Liferay, Inc., which makes software that helps companies create digital experiences on the web, mobile and connected devices, today announced that it has acquired controlling interest in Triblio and committed to an ongoing strategic investment in growing Triblio’s Account-Based Marketing (ABM) business. The investment allows Liferay to explore opportunities for the DXP audience to further enhance and personalize the customer journey with account-specific content and messaging. In turn, Triblio will continue to focus on delivering long-term customer value and product innovation.

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Triblio represents the next generation of B2B marketing cloud and we are fully committed to investing in the platform and growing Triblio’s ABM business,” said Liferay CEO Bryan Cheung. “Existing Liferay DXP customers will reap the benefits of this investment over time as we continue to help organizations build long-term relationships and deliver value to customers across their lifecycle.

The Indian foodtech industry is bubbling over with investments and increasing customer dependency on food delivered anytime, anywhere. Swiggy, a major foodtech player, has joined the Unicorn club, it’s rival Zomato is going all out to outdo Swiggy, and cab aggregators like Ola and Uber have entered the segment — Ola has integrated with FoodPanda and Uber has its own food delivery service Uber Eats.

Tata Communications, a leading global digital infrastructure provider, is acquiring Teleena, a Netherlands-based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE). The company’s technology reduces the operational complexity and cost of mobility and IoT deployments for businesses.

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