CHENNAI PRESS NEWS

WIZ is gearing  up to expand into five more countries  with 10 new locations, across Saudi Arabia, Vietnam, China, Malaysia, and parts of Europe Focus on tech expansion with new products in pipeline Signed a MoU with the Tamil Nadu government for a proposed investment  of  300 Crores in the state over the next five years is expected to create 2000 more jobs Chennai, 31.01.2024: WIZ Freight, a full-stack digital cross-border supply chain start- up, has raised  Series B funding  of INR 125 Crore in equity led by Japan-based SBI Investment at a post-money valuation of INR 1400 Crore registering a 50% jump in the valuation from its  last  round. The company plans to raise  the Series B round in two tranches.  The current  fund raise  is a part of the larger  round  which the company intends to close this year. The round also saw participation from Tiger Global, NIPPON EXPRESS HOLDINGS, Axilor Technologies Fund, Foundamen...

FitsAir inaugurated its sales office in Chennai to provide a seamless and personalized ticket purchasing experience . January 30, 2024, Chennai, India - FitsAir, Sri Lanka's leading Low-Cost Airline, known for its commitment to punctuality, hassle-free travel, and affordability, proudly marks one year connecting Colombo and Chennai. To commemorate this significant milestone, the airline organized a special gathering event for travel agents and the media, shedding light on its remarkable journey and future plans. In an industry where dependability and cost-effectiveness are crucial, FitsAir has established itself as a notable player in the competitive Indian travel sector. Starting with three weekly flights, the airline now operates daily flights connecting Colombo and Chennai, providing passengers with exceptional convenience. Further, the consistent seat factor of 80% in the last quarter, reflects the trust of Indian travelers in FitsAir. -----------------------------------------...