USA> Ralph Winter of Corestate Capital Holding SA is set to invest $300 million in Medici USA based shared housing

Medici Living Identified by Brokerage Cushman & Wakefield as a top trend to watch, the concept of co- living and coworking along with co- everything is expected to be a hit in 2019. Ralph Winter office is set to invest $300 million over the next three years to develop 1300 units of Medici’s Quarters brand of shared housing for young professionals, expecting More …

USA> Germany based VW is set to invest $800 million adding 1000 jobs in Chattanooga, USA

VW logo VW is set to add 1000 jobs in Chattanooga, USA investing $800 million investment to make electric vehicles. The Chattanooga facility will be VW’s first electric vehicle manufacturing facility in North America. Expected to roll out electric vehicles in 2022, VW expects to sell 1 million by 2025. According to Volkswagen CEO Herbert Diess: “The U.S. is one of the More …

SINGAPORE> India based Fortis Healthcare acquires Singapore based RHT Health Trust Assets for Rs 4,650 crore ($652.5 million)

Fortis logo For a sum of Rs 4,650 crore ($652.5 million), India based Fortis Healthcare acquires Singapore based RHT Health Trust Assets. Announced in February last year, Fortis acquires entire portfolio of assets of the Singapore listed RHT Health Trust assets. According to a statement from Fortis Healthcare in a regulatory filing: “The company has today consummated the transaction by acquisition of More …

USA> Porsche, BMW i Ventures and InMotion Ventures. the venture capital division of Jaguar Land Rover is set to invest in USA based Urgent.ly on a financing round that amounted to $21 million

porsche logo Urgent.ly is an American company that is seeking to lead the global platform for mobility and roadside assistance is to set to receive an $21 million from international companies such as Porsche, BMW i Ventures and InMotion Ventures. the venture capital division of Jaguar Land Rover. Urgent.ly supports roadside assistance services in North America, Europe and Asia. Urgent.ly connects drivers, More …

INDIA> UK based Vedanta Resources is set to invest 600 billion Indian rupees ($8.42 billion) in India over a period of next three years

Vedanta Vedanta Resources is set to invest up to 600 billion Indian rupees ($8.42 billion) in India over a period of next three years primarily to expand in zinc business. Vedanta Resources is also targeting to expand in Africa and together Vedanta Resources is targeting to achieve a total annual global production of zinc to 2 million tons. Vedanta Resources is More …

USA> Israel based equity crowdsourcing platform OurCrowd and USA based 7thirty Capital is set to launch $30 million fund to invest in cannabis tech

OurCrowd_logo Partnering with 7thirty Capital, Israel based OurCrowd is set to launch $30 million fund to invest in cannabis tech. Set to be based in Boulder, Colorado, USA, the newly established fund will focus on emerging cannabis technology companies in med-tech, ag-tech, retail, e-commerce and marketplaces. The fund is set to be active globally and will include countries such as Israel, More …

SINGAPORE> UK based technology company Dyson, founded by Sir James Dyson, is set to move its global base to Singapore to support its manufacturing operations in Asia

Dyson UK based technology company Dyson, know most for its house appliances, is set to move its global base to Singapore to support its manufacturing operations in Asia. Relocating its head office from Malmesbury, UK, both CFO Jorn Jensen and chief legal officer Martin Bowen are set to relocate to the Lion City. The move coincides with the company profits crossing More …

USA> China based Fuyao is set to invest $16.1 million processing center creating 70 jobs in the USA

fuyao logo A venture of China based Fuyao Glass Industry Group Co. Ltd, Fuyao North America Inc. is set to invest $16.1 million in processing operation near Fountain Inn, South Carolina, USA. The project is expected to create 70 jobs in the area. Fuyao Glass America has around 2300 workers in Moraine which is the world’s largest standalone auto glass manufacturing plant More …