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Supplynote, a Noida-based supply chain platform, announced that it has raised Rs 4.3 crore in a seed funding round led by US-based SOSV and Australia-based Artesian Ventures, according to ETtech report. Existing investors SucSEED Ventures, CIO Angel Network, Venture Catalysts and a clutch of angel investors also participated in the funding round. Till now the…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, and the University of Tokyo (UTokyo), announced a strategic partnership to conduct joint academic-industry research. Through the partnership, UTokyo and TCS aspire to realize their shared vision of applying design thinking and digital technologies to address real world business and societal challenges. “Society…
4iQ, a company that provides adversary intelligence that helps organizations measure, monitor and manage digital risk has announced that it has raised $30 million in Series C funding led by ForgePoint Capital and Benhamou Global Ventures, with participation by C5 Capital, Adara Ventures and the addition of TheVentureCity. Also, 4iQ has announced that it has…
Freshworks, the customer engagement software company, announced the appointment of José Morales as Chief Revenue Officer. In his new role, Morales will lead the Freshworks’ 1,000+ person sales and go-to-market organization and will report to Freshworks founder and CEO Girish Mathrubootham. Prior to this role, Morales served as head of global field operations at Atlassian…
Slintel, an intent-powered sales and marketing intelligence platform, announced that it has raised $4.2 million in a funding round led by Accel, with participation from Sequoia Capital India and existing investor Stellaris Venture Partners. Recently, the startup raised funding from Stellaris Venture Partners and Powerhouse Ventures. The company will use the funding to build its…
InnAccel Technologies, a Bengaluru-based medical technology innovation platform for global emerging markets, announced that it has raised $1.5 million in a pre-Series A funding round led by Mount Judi Ventures, along with participation from Siraj Dhanani and A Vijayarajan. The startup plans to use the funds in commercialising its products in India and other emerging…
R Narayan, Founder & CEO, Power2SME has been elected as President of Confederation of Micro, Small and Medium Enterprises (CMSME), an affiliated body under the umbrella of the Federation of Indian Chambers of Commerce and Industry (FICCI), an apex Chamber of Commerce & Industry of India. FICCI-CMSME’s vision is to empower Indian MSMEs and build…
ShopUp, a Bangladesh-based full-stack B2B commerce platform for small businesses has raised $22.5 million in Series A funding round. The round was co-led by Sequoia Capital India and Flourish Ventures, along with VEON Ventures, Speedinvest, and Lonsdale Capital. Founded in 2017 by Afeef Zaman, Ataur Rahim Chowdhury, Navaneetha Krishnan J, Siffat Sarwar and Sujayath Ali,…
HONOR, a leading global technology brand for the youth, announced that it has partnered with Red Bull Basement to bring together the next generation of entrepreneurial students on one platform and enable them to drive positive social change through their technology-enabled innovative solutions. With the initiative, HONOR aims to help university students to develop their…
Chinese e-commerce giant Alibaba Group announced that it will invest approximately $3.6 billion in respect of Sun Art Retail Group Limited, a leading hypermarket and supermarket operator in China. As part of the transaction, Alibaba will acquire 70.94% of equity interest in A-RT Retail Holdings Limited from Auchan Retail International S.A. and its subsidiary (Auchan…
Wipro, a global information technology, consulting and business process services company, announced that it has won an Application Management (AMS) and Services Integration & Management (SIAM) contract from Fortum, one of the leading clean-energy companies headquartered in Espoo, Finland. As a part of the five-year agreement, Wipro will manage Fortum’s application portfolio across hundreds of…
Kurl-on Enterprise Limited, a leader in the mattress and home-comfort space, has appointed Jyothi Pradhan as Chief Executive Officer. Pradhan joined the leadership team in July 2019 as the Head of Corporate Strategy to lead the digital transformation in the company. Pradhan brings with her a versatile experience of over 15 years working in industries…
Cyient, a global digital engineering and technology solutions company, has signed an MoU with Warangal-based SR University, a leading institution in research and academics. As part of this collaboration, Cyient will help SR University in developing an industry-oriented curriculum focused on advanced manufacturing systems. This will greatly help reduce the skill gap between the need…
Truist Financial Corporation announced the appointment of Vinoo Vijay as Chief Marketing Officer. In his new role, Vijay will oversee all of marketing, including brand strategy, line of business marketing, multicultural marketing, sports and entertainment marketing, digital marketing, direct and regional marketing, as well as social, creative and advertising. “Innovative technologies, human touch and distinctive…
VisIC Technologies Ltd., a global leader in gallium nitride (GaN) devices for automotive high-voltage applications, announced it has raised a Series E financing round with participation from MediaTek, the world’s 4th largest global fabless semiconductor company. The company will use the current funding to further expand its portfolio for Electrical Vehicles high power systems. “This…