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NIIT Technologies, a global IT solutions and services organization, announced that the company has begun operating under a new name Coforge Limited with a newly designed company logo unveiled today. This renaming initiative reflects both the evolution of the company as well as its vision for the future. Tracing its roots back to 1981, the…
Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology partners to its Engage network, providing access to expert engineers and specialists that can help customers deploy new services quickly and efficiently. Mastercard helps emerging brands build and scale their businesses,…
Tata Consultancy Services, a global IT services, consulting, and business solutions organization, announced that its customer Aviva Plc has won the 2020 Celent Model Insurer Award for Legacy and Ecosystem Transformation. As Aviva’s strategic partner, TCS leveraged its Machine First Delivery Model to automate and transform the insurer’s pensions operations. The program’s agile-led methodology entailed…
IBM and the city of Seoul, South Korea, have launched an AI-based virtual assistant for Seoul citizens using IBM Watson Assistant. The virtual assistant is part of the city’s “I Care You” project, which is designed to survey the changes to daily life and difficulties that citizens are experiencing due to the COVID-19 pandemic to…
Blackbaud, the world’s leading cloud software company powering social good, announced that Michael Boulware Moore has been appointed as its first Diversity and Inclusion Officer. Moore joined Blackbaud in early 2020 following his tenure as the founding president and CEO of the International African American Museum in Charleston, SC, US. Before serving as CEO of…
Drizly Group, North America’s largest e-commerce alcohol marketplace, announced that it has closed a $50 million Series C funding round, led by Avenir, a New York-based investment firm, with participation by Tiger Global and other existing investors. As consumers shift to online shopping for alcohol, Drizly expects 20 percent of off-premise alcohol purchases to be…
FarEye, a leading logistics SaaS platform for predictive visibility, announced that it has raised additional $13 mn as an extension to its Series D investment led by The Fundamentum Partnership, the growth-capital fund for mid-stage technology companies in India backed by Nandan Nilekani and Sanjeev Aggarwal and KB Global Platform Fund, one of the leading…
Craft, the San Francisco-based enterprise intelligence company, announced that it has closed a $10 million Series A financing led by High Alpha Capital with coinvestors Greycroft; Sam Palmisano, Chairman of the Center for Global Enterprise and former CEO and Chairman of IBM; Jim Moffatt, former CEO of Deloitte Consulting; Frederic Kerrest, executive vice chairman, COO…
Azure Power, a solar power producer in India, announced that M.S Unnikrishnan, soon retiring-Managing Director and CEO of Thermax Ltd., was appointed to Azure Power’s Board of Directors as a non-executive and nominee Director of Caisse de dépôt et placement du Québec (CDPQ), which is a AAA debt rated, long-term institutional investor that manages funds…
Flipkart, India’s homegrown e-commerce marketplace, announced that it has entered into a strategic partnership with Sastodeal, a leading e-commerce company in Nepal, to initiate cross-border trade opportunities for its lakhs of sellers. Under the partnership, Sastodeal will host products from Flipkart marketplace sellers operating across the categories of babycare & kids, audio devices, men’s clothing,…
CleverTap, the leading AI-powered customer lifecycle and user retention platform, announced the appointment of Abhishek Gupta as Chief Customer Success Officer. Gupta has over 18 years of SaaS and customer success experience. In his new role, Gupta will accelerate CleverTap’s momentum as a leading provider of customer engagement and retention solutions in the competitive mobile…
Lead School, an education technology company based in Mumbai, announced that it has raised $28 million in Series C funding led by WestBridge Capital. Existing investor Elevar Equity also participated in the round. The startup will use the funds to fuel expansion. It has plans to grow its sales channel and sign up new customers.…
Shef, the US-based homemade food marketplace that enables cooks to sell meals in their local communities, announced it has raised $8.8 million in seed funding from investors including Y Combinator, Craft Ventures, and M13, as well as founders and executives from Instacart, TaskRabbit, StubHub, AngelList, Lyft, Airbnb, and Yelp. Founded in 2018 by Alvin Salehi…
Trellus Health, a resilience-driven digital health solution for chronic conditions, announced that it has raised $5 million of seed funding led by Mount Sinai Health System (MSHS) and EKF Diagnostics, a global medical manufacturer of point-of-care and central lab devices and tests. The company will use the funds to transform the way chronic conditions are…
Wipro, a global information technology, consulting, and business process services company, announced the successful implementation of a blockchain-based small-scale liquefied natural gas (ssLNG) trading/fulfillment platform for Uniper Global Commodities SE and its 100% LNG-for-trucks subsidiary Liqvis GmbH. Uniper SE is a leading international energy company headquartered in Germany. The platform built in collaboration with Uniper…