Agritech startup Ecozen raises $30 million in funding
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B2B marketplace ProcMart bags $30 million in funding
ProcMart, an online business-to-business (B2B) marketplace specialising in supply chain solutions, has raised $30 million (about Rs 250 crore) in an equity funding round led by Infosys cofounder Nandan Nilekani’s venture fund Fundamentum Partnership and Edelweiss Discovery Fund. The round also saw participation from South Korea’s Paramark Ventures.The funds will be used for exploring strategic acquisitions for backward integration, enhancing client offerings, investing in talent acquisition and...
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What the FTC's Ban on Noncompete Agreements Means for 30 Million Workers
The Federal Trade Commission (FTC) has voted to ban employers from requiring workers to sign noncompete agreements, while blocking the enforcement of most existing clauses.The FTC announced a new rule banning noncompete clauses nationally on Tuesday, maintaining in a press release that the move would protect "the fundamental freedom of workers to change jobs" and "promote competition" by "fostering new business formation."An estimated 30 million workers—or about 18 percent of the U.S....
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My DeFi Pet (DPET) Achieves Market Cap of $2.30 Million
My DeFi Pet (DPET) traded down 1.4% against the U.S. dollar during the one day period ending at 20:00 PM E.T. on April 21st. In the last seven days, My DeFi Pet has traded up 2.4% against the U.S. dollar. One My DeFi Pet token can now be purchased for about $0.0552 or 0.00000085 BTC […]