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Teachmint, an easy to use platform for tutors to conduct unlimited live classes and manage their classrooms has announced that it has raised $3.5 million in seed funding led by Lightspeed India. Existing investors Better Capital and Titan Capital also participated in the funding round. Founded in early 2020 by Anshuman Kumar, Divyansh Bordia, Mihir…
Dr. Reddy’s Laboratories announced its partnership with Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT), Government of India, for advisory support on clinical trials of Sputnik V vaccine in India. The partnership will allow Dr. Reddy’s to identify and use some of BIRAC’s clinical trial centres for the vaccine, which are funded under…
Integral Ad Science (IAS), the global leader in digital ad verification, announced that Tom Sharma will join the company as Chief Product Officer, effective November 2, 2020. Sharma brings more than 20 years of experience building innovative digital media and advertising products to his new role at IAS. In his new role, Sharma will accelerate…
Wipro, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services. Over the past decade, Encore Theme – headquartered in Chennai, India – has focused exclusively on…
Pyxis, an AI-led marketing cloud start-up, announced that it has raised $7 million in a Series A funding round led by Chiratae Ventures, Pi Ventures along with the existing investor Exfinity Venture Partners, according to PTI report. The funding was raised in September, 2020. Pyxis has several innovative tools that provide a robust platform for…
Microsoft announced a collaboration with the National Skill Development Corporation (NSDC) to skill more than 1 lakh underserved women in India over the next 10 months. This initiative is an extension of Microsoft’s partnership with NSDC to provide digital skills to over 1 lakh youth in the country, Microsoft said in its press release. The…
SunTec Business Solutions, a relationship-based pricing and billing company, announced that it has appointed Peter Yorke as Senior Vice President of Marketing, according to ET report. Peter Yorke will be based in Bengaluru. Yorke has more than 30 years of experience as a marketing professional. In his new role, Yorke will lead SunTec’s global marketing…
Dr. Reddy’s Laboratories Ltd announced that Parag Agarwal will be joining the Company as Chief Financial Officer. The Board of Directors has approved his appointment as a Chief Financial Officer of the Company effective December 1, 2020. Parag succeeds Saumen Chakraborty as CFO. In a career spanning over 33 years, Parag has held several leadership…
Tata Elxsi, a global design and technology services company, announced the opening of a Global Engineering Center (GEC) with Aesculap AG, a subsidiary of B. Braun, one of the world´s leading manufacturers of medical devices and pharmaceutical products and services. Tata Elxsi has been selected as the global engineering services partner by Aesculap, Tata Elxsi…
Treebo Hotels, the Bengaluru-headquartered budget hospitality chain, announced that it has raised ₹10 crore from a group of angel investors. The list includes Vijay Shekhar Sharma, founder and CEO of Paytm; Jaydeep Barman, co-founder and CEO of Rebel Foods (Faasos); and Deepak Parayanken, Managing Director of Mozambique Holdings. Shantanu Deshpande, co-founder and CEO of Bombay…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced it has been selected as a strategic partner for managed IT services by AG, a leading Belgian insurer, to help enhance the latter’s digital channels and modernize its IT systems, leveraging TCS’ Machine First approach. With over 2.7 million customers, AG is…
Freshokartz Agri Products Pvt. Limited, a Jaipur-based agri-tech startup that provides soil data based crop and fertilisers to farmers, announced it has received $1.4 million in pre-series A funding from Rajasthan Venture Capital Fund (RVCF) and AWE (Achieving Women Equity) Funds. The company will utilise the funds raised for expansion within Rajasthan and other nearby…
Wipro Limited, a global information technology, consulting and business process services company, announced that it will co-innovate with SAP SE on cloud-based solutions for the real estate industry. Building on the Intelligent Enterprise strategy, SAP is expanding its vertical solutions to fill the whitespace in its portfolio with an ecosystem of industry cloud applications that…
Vehere, a company that builds intelligent and active solutions for real time Cyber Situational Awareness, announced the appointment of Avinash Garg as its new Director of Global System Integrations (GSI) Business, Channels and Alliances, according to ET report. Garg holds vast experience in marketing and strategic business development. Prior to this role, Avinash Garg served…
FreshToHome, the Bengaluru-based online fish and meat ecommerce startup, announced it has raised $121 million in Series-C funding round led by Investment Corporation of Dubai (ICD). Other investors that participated in the funding round are Investcorp, Ascent Capital, DFC, and the Allana Group. Existing investor Iron Pillar invested $19 million in the current funding round. Commenting…