Ex-Hexaware Atul Nishar's Azent Snaps Up B'lore Co
: Education startup, Azent Overseas Education, founded by Atul Nishar of Hexaware Technologies and Aptech fame, has acquired Admission Table.com, an online counselling platform for overseas university admissions for an undisclosed sum.
Mumbai, Nov 20 (PTI): Education startup, Azent Overseas Education, founded by Atul Nishar of Hexaware Technologies and Aptech fame, has acquired Admission Table.com, an online counselling platform for overseas university admissions for an undisclosed sum.
The acquisition is in line with our investment and growth strategy. We continue to look for opportunities to acquire and invest in new technologies and innovative products, Nishar told PTI, adding the new company will bring constitute at least 50 percent of the over 1,000 admissions that firm has targeted this year.
Azent focuses on training undergraduates/post-graduate students looking for overseas education.
Nishar said he has a Rs 125-crore corpus for acquisitions alone and an equal for investment to drive organic growth, and the Bangalore-based Admission Table is the first acquisition his startup has done since launch recently and plans to take over two more firms soon. ********************* Fuji Silvertech to set up Rs 200-cr unit in Aurangabad
Aurangabad: Japanese firm Fuji Silvertech is planning to set up Rs 200 crore plant to produce precast concrete products in Auric-Shendra node of the Delhi Mumbai Industrial Corridor.
The work to set up industrial unit will commence on November 26, an official said.
Fuji Silvertech has finalized its investment of Rs 200 crore in Auric-Shendra node of DMIC and will provide employment to more than 200 people. ********************* Constantia Flexibles opens new plant in Gujarat
Ahmedabad: Austria-based Constantia Flexibles, one of the world's largest producers of flexible packaging launched its new plant near Ahmedabad in Gujarat.
The plant will produce EcoLam, a lightweight laminate suitable for a variety of packaging applications which is fully recyclable, and with 32 percent lower carbon footprint compared to other similar products.
Constantia manufactures tailor-made packaging solutions at 38 sites in 16 countries, it said.
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