Gm Closing Hummer Despite Offer On The Table

SiCepat, an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. Founded in 2014 to provide last-mile deliveries for small merchants, the company has since expanded to serve large e-commerce platforms, too. Its services now also cover warehousing and fulfillment, middle-mile logistics and online distribution. Investors in SiCepat’s Series B include Falcon House Partners; Kejora Capital; DEG (the German Development Finance Institution); Telkom Indonesia’s investment arm MDI Ventures; Indies Capital; Temasek Holdings subsidiary Pavilion Capital; Tri Hill; and Daiwa Securities.

How to find the right bonds for your needs

Insurance agents spend hours handling paperwork and grabbing client information over the phone. A new seed-stage startup, InsurGrid, has developed a software solution to help ease the process, and make it easier for agents to serve existing clients — and secure new ones. InsurGrid gives agents a personalized platform to collect information from clients, such as date of birth, driver’s license information and policy declaration.

A flood of thermal scanners hit the market last year. But researchers say many of the devices use software that can make a feverish person appear perfectly well.

He launched a line of kosher, vegan food products based on creative uses of tofu.

NFL draft coaches train using athlete tracking technology from Intel.