Hyderabad-based communications services provider Ozonetel has made a fresh acquisition in the telecommunications sector, a top company executive told VCCircle. The artificial intelligence-powered customer engagement platform, which is backed by private equity firm Stakeboat Capital and offers services domestically and offshore both, has now acquired New Delhi-based virtual network operator.
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India's economy faced unprecedented changes in 2016 due to Donald Trump's presidency and demonetisation. India could have capitalized on new trade opportunities as a counterbalance to China, but was not fully prepared. Despite initial gains in chemical and engineering exports, India struggled to seize the opportunity due to domestic priorities and consumption gaps.
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Tira, the omnichannel beauty platform of Reliance Retail, the retail unit of Reliance Industries Ltd, has launched the luxury skincare and haircare brand Augustinus Bader in India, the company said in a press release dated October 7. The brand, known for its advanced and award-winning formulations, is available exclusively on Tira’s platform. Augustinus Bader products are backed by over 30 years.
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