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BIGO Ads, a part of BIGO Technology, which has an average of 350 million monthly active users across its platforms, is launching its mobile advertising solutions in India. BIGO Ads, from BIGO Technology, is an ads platform, providing mobile marketing solutions globally. Covering more than 150 countries, BIGO Ads integrates mobile marketing solutions into imo,…
ShapeShift, one of the world’s leading self-custody crypto platforms, announced the acquisition of Portis, an Israeli startup and noncustodial software wallet solution. With this acquisition, all ShapeShift Platform users will soon be able to log into and access these DeFi services seamlessly, under one account. The DeFi users will, similarly, now be able to instantly…
Indian telecom major Bharti Airtel has recently confirmed the appointment of Rahul Vatts as the company’s Chief Regulatory Officer. Indian telecom major Bharti Airtel has recently confirmed the appointment of Rahul Vatts as the company’s Chief Regulatory Officer. According to sources, in his new position Vatts will directly report to Gopal Vittal, Managing Director and…
The novel coronavirus pandemic has brought the global economy on its knees. Business is not as usual and layoffs or salary cuts have become a daily routine now. The pandemic has impacted several businesses and organizations so much that some are even planning on to file bankruptcy if the crisis is not solved easily. Starting…
Covid-19 safety and related guidelines for workplaces – offices, factories and other establishments once they open up after 20th April 2020.In his address to the nation on 14 April 2020, the Prime Minister of India Narendra Modi announced that the nationwide lockdown will be extended till May 3 to further strengthen the efforts of the…
Intuit QuickBooks announced that it is starting a program called Consult an Expert to support small businesses and accountants in India during the COVID-19 pandemic. Intuit’s QuickBooks Online is the world’s online leading financial management solution for small business owners and accountants. The Consult an Expert program will provide free, timely, relevant and virtual advice…
FarEye, a SaaS-based logistics startup has announced that it has raised $25 million in Series D funding round led by M12 (Microsoft’s venture fund) Other investors that took part in the funding round include Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the funding round. “We will use this investment…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that its customer and one of Sweden’s largest banks, Länsförsäkringar Bank has won the 2020 Celent Model Bank Award for Core Technology Replatforming, for its successful core transformation powered by the TCS BaNCS Global Banking Platform. Länsförsäkringar Bank selected TCS as its…
Sudhanshu Vats has resigned as MD and CEO of Viacom18 after an 8-year stint at the company, effective from April 15th. Viacom18’s leadership team will continue to manage their respective verticals, and will report to Rahul Joshi, MD, Network18 Group. Sudhanshu has helped in expanding Viacom18’s footprint into new business lines, including digital (Voot), experiential…
As unemployment surpasses record highs due to COVID-19, a group of leading companies from multiple industries has formed People + Work Connect, an employer-to-employer initiative that brings together companies laying off or furloughing people with those companies in urgent need of workers. There is no cost for employers to join and participate. People + Work…
Hindalco-owned Novelis recently announced that it has completed the acquisition of Ohio-based aluminium rolled product manufacturer Aleris Corp. The deal, which was signed two years back, has finally been completed at a value of $2.8bn. The deal has also made Hindalco the world’s largest aluminium maker. In an official statement, Kumar Mangalam Birla, Chairman of…
Aurigo Software and Autodesk, Inc. announced an alliance to develop the most comprehensive set of cloud-based solutions for public and private owners. Aurigo will integrate with Autodesk Construction Cloud, a portfolio of construction management software and services. As part of the alliance, Autodesk will acquire a minority stake in privately-held Aurigo. “The present climate of…
Lightspeed Venture Partners announced the closings of Lightspeed Venture Partners XIII, L.P. with $890 million, Lightspeed Venture Partners Select IV, L.P. with $1.83 billion, and Lightspeed Opportunity Fund, L.P. with $1.5 billion of limited partner committed capital. According to the press release, the California-based venture capital firm said, “In these difficult times, as the world…
Aavenir, a SaaS-based source-to-pay solutions provider, announced it has raised $2 million in a seed funding round from venture capital firm Accel. The company will use funds to accelerate product development and expand global reach by strengthening its sales and marketing operations. “Machine learning, NLP, and interactive chatbots are offering tremendous opportunities to automate and…
Raghav Bahl-owned digital news website The Quint has recently asked about 45 employees to go on an indefinite leave without pay, according to various news reports. As per a report by news website Newslaundry,the estranged staff include reporters, one of whom recently won a prestigious journalism award, copy editors, a bureau chief, production staff, and…