Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.
Thunes, a global cross-border payments company, has announced that it has appointed four new senior executives to lead its business in strategic regions: Asia Pacific, the Americas, Middle East and North Africa, and Greater China. The company has appointed Jenna Wyer, SVP for the Americas, Simon Nelson, SVP for the Middle East and North Africa…
CleverTap, user engagement and retention cloud platform, has expanded its core leadership with the appointment of Sidharth Malik as global CEO. The announcement comes as CleverTap accelerates its international growth and builds new capabilities to help digital consumer brands increase their customer retention and foster lifetime value, according to a statement. The statement said, “Formerly…
Verbit, a voice AI transcription and captioning company, has announced that it has closed its Series E funding round at $250 million, after securing a $150 million primary investment and $100 million in secondary transactions. The round was led by a $200 million investment by Third Point Ventures, with additional participation by existing investors Sapphire…
Dream Sports, India’s sports tech company with brands such as Dream Capital, FanCode, Dream11, DreamSetGo, Dream Game Studios, and DreamPay in its portfolio, has announced the completion of an investment of $840 Million at an $8 Billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw…
CoreStack, a global multi-cloud governance SaaS provider, has announced a $30 million Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors. This brings CoreStack’s total funding to $45 million, following its Series A in March 2020. According to a statement, the…
Electric vehicle startup, based in Bengaluru, Simple Energy has announced that the startup has secured $21 million in its pre-series funding round. An official statement said, “this investment will be utilised to increase manufacturing capacity, accelerate new product development, and expand experience centres, consequently bolstering the company’s expansion plans.” Speaking on the announcement, Suhas Rajkumar,…
Equisoft, a global digital solutions provider to the financial industry, has announced the appointment of Emilio B. Imbriglio (FCPA, FCA, MBA, ICD.D, CFE) as Chairman of the Board. Mr. Imbriglio has been President and CEO of Raymond Chabot Grant Thornton (RCGT) since 2013, working with his team of more than 2,800 professionals in over 100…
Park+ has announced that the platform has raised $25 million in the latest series B funding round led by Sequoia Capital India, Epiq Capital and Matrix Partners India. The round also saw participation from AdvantEdge, Fund II as well as Motherson Lease Solution Limited. Speaking on the annoucement, Amit Lakhotia, Founder and CEO of Park+,…
Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the USD 3.5 billion Welspun Group, has signed a Memorandum of Understanding (MoU) with Guidance – the Government of Tamil Nadu’s nodal agency, for investment promotion and single window facilitation. A statement informed, “This is towards setting up warehousing…
Infomo Global Ltd. has announced a strategic merger with Indian ad-tech platform – TorcAI to enable its alliance partners to offer an integrated ecosystem that addresses the emerging needs of large publishers, publisher consortiums, telecom carriers, agencies, and brands across the vast global marketplace, according to a statement. Welcoming the merger, Infomo’s MD and Group…
Zenwork, a provider of digital tax compliance and regulatory reporting fintech SaaS platform for businesses everywhere, has successfully raised over INR 1200 Crores from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies. According to a statement, “The investment will enable Zenwork, operating the brands Tax1099 and Compliancely, to accelerate…
Payhawk, the payments and expense solution with offices in London, Sofia, Berlin and Barcelona, has raised $112 million just three years after its inception, valuing the company at $570m. The Series B round is led by the San Francisco-based investor Greenoaks, who has a track record of investing in technology companies such as Gorillas, Robinhood,…
Shield-IoT, a mass-scale IoT and IIoT network cyber security and operational monitoring platform, has announced the closing of a $7.4 million Series A round of funding. The Series A round was led by NextLeap Ventures and Bloc Ventures, with the participation of Atlas Ventures, Akamai Technologies, Springtide Ventures, DIVEdigital, and Janvest Capital Partners. Founded in…
Kapture CRM, a homegrown customer support automation platform, has appointed Ashish Mittal as VP – Customer Success. Ashish’s new role will entail assisting Kapture in developing a stronger relationship with their customers. Ashish has 15 years of experience and has worked with companies in a variety of industries, including Sensio enterprises (a deep-tech startup), Freedom…
Zenity, the only governance and cybersecurity platform for Low-Code/No-Code applications, has exited stealth mode with a $5 million seed funding round, led by Vertex Ventures and UpWest, and backed by executives such as the former CISO of Google, Gerhard Eschelbeck, and former CIO of SuccessFactors, Tom Fisher. The platform said in a statement, “Today’s digital…