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Medtech & Biotech startup EzeRx has announced that it has raised Rs 1.75 crore in a seed funding round led by Odisha-based incubator KIIT-TBI, according to YourStory report. Post investment, the startup is valued at Rs 12 crore. The company will use the seed funding to boost expansion. Other angel investors include Sudip Row Chowdhury,…
Sony/ATV Music Publishing announced it has centralized its two production music divisions – Extreme Music and EMI Production Music – as one global operation and named Russell Emanuel as its President & CEO. The appointment gives Emanuel oversight of Sony/ATV’s global production music business, which will combine the strengths and experiences of both companies to…
Vimeo, the world’s leading professional video platform and community, announced a strategic partnership with GoDaddy, the company that empowers everyday entrepreneurs— an integration that will bring the power of Vimeo directly to GoDaddy’s website builder and marketing tools. GoDaddy is the latest partner to join Vimeo’s new partner program Powered by Vimeo, joining Facebook, Eventbrite,…
Opus Consulting Solutions, a leading provider of solutions to the payments industry announced the appointment of industry veteran Ashish Puntambekar as Senior Vice President of Global Delivery & Operations. In his new role, Ashish will be responsible for formulating and executing customer delivery and operational strategy, as the organization sees market growth and accelerates digital…
Cognizant announced it has agreed to acquire Bright Wolf, a privately-held technology services provider specializing in custom Industrial Internet of Things (IIoT) solutions for Fortune 1000 companies. This is Cognizant’s eighth acquisition to date in 2020 to accelerate growth in the company’s key strategic focus areas of cloud, AI and analytics, software product engineering, and…
Sugar Cosmetics, a Mumbai-based cruelty-free makeup brand, announced that it has raised $2 million debt funding led by Stride Ventures. The venture debt fund said it has partnered with an Indian private bank for this deal. “In a fiercely competitive landscape, Sugar has managed to stand apart in a short span of time. Their branding,…
Tekion, a cloud technology company and provider of SaaS retail operating platform, Automotive Retail Cloud, announced its Series C financing round of $150 million at over a $1 billion valuation. The funding round was led by Advent International, one of the largest and most experienced global private equity investors, with participation from Index Ventures, Exor…
GlowTouch, an emerging leader in global contact center and technology outsourcing solutions, announced changes to its key leadership positions. The company has appointed Michelle Castillo, an accomplished business leader with more than 20 years of experience in contact center services as a senior vice president and COO has assumed the position of Senior Vice President…
AAK, a provider of value-adding vegetable oils & fats announced that it has acquired the remaining 31 percent of the shares of AAK Kamani, the joint venture between AAK and Kamani Oil Industries Pvt Ltd. that was formed in September 2015. AAK now owns 100 percent of AAK Kamani. The acquisition will further strengthen its…
Wipro, a global information technology, consulting and business process services company, announced that it has entered into an agreement with SAP SE to deliver SAP Enable Now. This custom enablement platform by SAP will help organisations adapt faster to technological changes and accelerate globalization. With this agreement, Wipro can offer its clients tailor-made industry and…
Signzy, an AI powered RPA platform for financial services has announced that it has raised $5.4 million in funding from Arkam Ventures and Mastercard, according to the media reports. Existing investors Kalaari Capital and Stellaris Venture Partners also participated in the funding round. The artificial intelligence platform will use the current financing to strengthen its…
Tata Consultancy Services, a global IT services, consulting, and business solutions organization, announced that it has been ranked Number One for Customer Satisfaction in the 2020 Swiss IT Sourcing Study by Whitelane Research and Navisco. The independent survey ranked 20 IT service providers based on responses from more than 100 CxOs and senior decision makers…
Snap Fitness, the world’s premier 24/7 fitness concept creating happy and healthy lifestyles for its members, announced the reacquisition of the UK and Ireland market from its Master Developer. Snap Fitness’ investments will include infrastructure development, club growth, franchise support and innovative product and technology offerings. Jon Cottam, previously Managing Director, Europe of Lift Brands…
Magna announced that its Board of Directors has appointed Seetarama (Swamy) Kotagiri as Chief Executive Officer, effective January 1, 2021. Kotagiri will succeed Don Walker, who served as CEO between 1994 and 2001, and since 2005, will retire at the end of 2020. In his 33-year career at Magna, Walker served in various leadership roles…
Moody’s Corporation announced the acquisition of Acquire Media (AM), an aggregator and distributor of curated real-time news, multimedia, data, and alerts, from Naviga, Inc., a leading provider of content engagement solutions for the global media industry. The acquisition advances Moody’s Analytics’ (MA) position as a leader in Know Your Customer (KYC) solutions by strengthening its…