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Hyderabad-based bike rental firm Tazzo Technologies Pvt. Ltd has shut down its operations less than two years since its inception in January 2016, a top company executive told TechCircle. The company formally ceased functioning sometime in January 2018, Priyam Saraswat, co-founder of the venture, said. In its last known funding round in October 2016, it raised $225,000 (Rs 1.5 crore back then) from DSG Consumer Partners. Prior to that, Kapil Chopra, president of The Oberoi Group, had also led an ... Full investment news article
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Core Industrial Partners Acquires Midwest Composite Technologies, Establishing Industry 4.0 Platform
CHICAGO--(BUSINESS WIRE)--CORE Industrial Partners (“CORE”), a Chicago-based private equity firm, today announced that it has acquired Midwest Composite Technologies, Inc. (“MCT” or the “Company”), a leading additive manufacturer of prototype and low-volume production components, establishing an industry technology 4.0 platform that it plans to build upon. Financial terms of the transaction were not disclosed. Industry 4.0 refers to the Fourth Industrial Revolution, where companies use automati. Full investment news article
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