Simpro, the leading total business management software for commercial and residential trade service businesses, announced Ashley Mehlman has been named Chief Financial Officer (CFO). Mehlman will be responsible for all financial aspects of Simpro’s global operations, including strategic planning and analysis, M&A analysis, budgeting and project financing. She will play a crucial role in guiding…
SVAAS Wellness Limited, a wholly-owned subsidiary of Dr. Reddy’s Laboratories Limited and ICICI Lombard General Insurance Company Limited announced a partnership for the pilot launch of a first-of-its-kind cashless outpatient offering in India. The partnership marks the launch of Dr. Reddy’s digital health solution ‘SVAAS’ and demonstrates ICICI Lombard’s deeper foray into the wellness space.…
SplashLearn, the game-based learning company, has raised $18 million in Series C funding led by Owl Ventures and existing investor Accel, according to ET report. Founded in 2010 by four IIT-Kharagpur alumni, SplashLearn offers Math for Pre-K to Class 5 and reading for Pre-K to Class 2. It adapts to each child’s learning ability and…
Nestlé USA has announced the acquisition of Freshly, a New York-based startup for $1.5B and additional earnouts of up to $550 million based on future growth of the startup. Nestlé USA Chairman and CEO Steve Presley, said in a statement – “Consumers are embracing ecommerce and eating at home like never before. It’s an evolution…
Leader in talent innovation, SHL recently announced the appointment of Paul Greensmith as the company’s Chief Financial Officer. He will be based in SHL’s London headquarters. Greensmith brings broad experience, including success in private equity-backed businesses in B2B software and services, healthcare, technology and media sectors, including Priory Group, NetNames, and most recently Gravity Media.…
SHL, the leader in talent innovation, announced that it is offering free access to its entire virtual solution suite to help unite the world’s workforce as businesses adjust and evolve amid the ongoing COVID-19 pandemic. As the global workforce begins to work from home and travel becomes restricted, SHL Virtual offers the capability to screen…
SHL, a talent innovation company, has announced its role as a founding member of the Velocity Network Foundation, a nonprofit member-based consortium of 15 multinational, enterprise labor market companies with a shared goal to become the world’s first blockchain-powered “internet of careers.” The goal of this venture is to empower employees to claim and manage…
SHL, the world leader in talent innovation, announces today that it has completed the acquisition of Aspiring Minds. SHL offers the largest and most valid database of human potential coupled with a history of scientific rigor, and has now added Aspiring Minds’ proven, AI-powered suite of assessment and interviewing tools, creating the most comprehensive and…
Talent evaluation company SHL has acquired Aspiring Minds, a Gurugram and San Jose-based AI-powered test and assessment venture, in a largely all-cash deal. SHL is the global leader in talent innovation, and acquiring a pioneering talent evaluation leader Aspiring Minds will bring wider availability of a globally proven portfolio of innovative products. Aspiring Minds was…
Canva, the world’s only all-in-one visual communication platform, announced the acquisition of Affinity, the award-winning creative software suite for professional photo editing, illustration, graphic design and page layout. The acquisition significantly bolsters Canva’s vision to build the world’s most comprehensive suite of visual communication tools. While the last decade has seen rapid growth for Canva amongst…
Homegrown social media platform for travellers Explurger has raised $4.5 million in a Series A funding round led by Affle (India) Limited, at a pre-money valuation of about $40 million, according to ETtech report. With this investment, Affle’s stake in the company now stands at 9.03%, the company said in a statement. The freshly acquired…
Khyaal, India’s number one app for senior citizens, has raised USD 4.2 million in a seed funding round. The round was co-led by 62Ventures, SVQuad, and Inventus Capital. Glen Tullman, Kanwal Rekhi, Raju Reddy, and Raj-Ann Gill, were among the distinguished entrepreneurs and investors who participated in this round. Notable existing investors, including Everywhere Ventures, Supermorpheus, and Unpopular Ventures also invested in this round, bolstering their support to…
American Express announced the appointment of Sharon Chew as the Vice President & General Manager of Global Merchant Services Asia. In her new role, Sharon will be responsible for all aspects of card acceptance, including payments processing, client management, merchant partnerships and the development of new payment technology to drive merchant acceptance for American Express cards in…
Baaz Bikes, a full-stack electric vehicle ecosystem for gig workers, said it has raised $8 million in a round of funding, led by Singapore-based Big Capital, according to ETtech report. The Series A round of funding saw participation from Rakuten Capital, Japan-based Rakuten Group’s venture capital arm, along with continued support from existing investors like…
PingSafe, a cloud-native application protection platform (CNAPP) that helps client companies target cloud security challenges, has announced its emergence from stealth mode with an investment of $3.3 million in a seed funding round led by Surge, according to ETtech report. Surge is the startup accelerator programme of Peak XV Partners, earlier called Sequoia Capital India…