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Wipro, a global information technology, consulting and business process services company, announced that it has been positioned as a Strong Performer in The Forrester Wave: Digital Product Development Services, Q2 2020. According to the report, “Wipro is a good choice for firms needing solid product design coupled with complex product engineering services at scale.” The…
Masai School, a Bengaluru-based education startup, announced that it has raised $2.5 million in a Pre-Series A funding round led by Unitus Ventures, along with India Quotient and AngelList India. The startup will use the funding to hire industry experts to build and impart curriculum; strengthen current offerings – full stack, web, Android development; tap…
Stack Finance, a Gurugram-based millennial finance platform, announced that it has raised seed funding from SOSV (an early-stage venture capital fund in the US) and MOX – its Mobile Only Accelerator, according to YourStory report. Financial details of the funding remain undisclosed. Other investors that took part in the funding round include AngelList India and…
Bengaluru-based water purifier startup DrinkPrime recently announced that it has raised Rs 21 crore in its pre-Series A round. The financing round was led by Omidyar Network India, with participation from Sequoia Surge. The startup will use the current financing to fuel expansion. The Company has plans to strengthen its team and invest in growth…
FPL Technologies, a Pune-based fintech startup, announced it has raised $10 million Series A funding led by Matrix India and Sequoia. Hummingbird Ventures along with a few angel investors also participated in the funding round., according to an ETtech report. The startup will use the funds to scale its recently launched mobile-based credit card product…
Endiya Partners, an early-stage venture capital fund that invests in IP led Indian product startups that are globally relevant, announced it has received Rs 50 crore investment from Nippon India Digital Innovation AIF into its Fund-II. Recently, International Finance Corporation (IFC), an arm of World Bank, invested $10 million (Rs 75 crore) and committed additional…
GrayQuest, an education-focused fintech startup based in Mumbai, announced it has raised $1.2 million in a Pre-Series A funding round led by Foundation Holdings. The funding will be used to increase access to affordable education in India. Other investors that participated in the funding round include the Mahansaria Family Office, Jeejeebhoy Family Office, Ambit Capital…
TeamSupport, a fast growing, award-winning B2B customer support software solution provider, announced the appointment of technology industry veteran Pete Khanna as its new CEO effective immediately. Co-founder and former CEO Robert C. Johnson will assume a pivotal role on the company’s board of directors. Khanna is a proven business leader with more than 20 years…
Mitron, the Indian short-form video app, announced that it has raised $5 million in funding led by Nexus Venture Partners. Existing investors 3one4 Capital and Arun Tadanki’s private syndicate on LetsVenture also participated in the funding round. Several notable angles and entrepreneurs like Deep Kalra, Founder and Chairman MakeMyTrip; Anand Chandrasekharan, Former Facebook executive; Karan…
Trell, a Bengaluru-based lifestyle-community-commerce platform, announced a $11.4 million Series A round led by KTB Network. Other investors that participated in the current financing round include Samsung Ventures, Ankur Nagpal, CEO of Teachable, Gokul Rajaram (Board Member, Pinterest, Square, DoorDash) and Vineet Buch (Ex-Head of Google Play Store Development) along with existing investors Sequoia’s Surge,…
Birlasoft, part of the $2.4 billion diversified, The CK Birla Group, announced a Global Strategic Cloud Alliance with Microsoft to help its clients to accelerate their digital journey. With this collaboration, Birlasoft is strategically positioned to support its enterprise clients with their cloud transformation needs, right from infrastructure to business applications. Birlasoft has plans to…
Acuva Technologies, a global leader in UV-LED disinfection products, announced the opening of their first office outside of Canada. The award-winning cleantech company plans to bring their innovative products overseas with the opening of a European office in Dusseldorf, Germany. The new office will be led by Harald Maiweg, Managing Director. Maiweg is a highly…
Centinel Spine, the largest privately-held spine company focused on anterior column reconstruction, announced the appointment of Varun Gandhi as Chief Financial Officer, effective August 17, 2020. Gandhi succeeds Jeff Stello of Charlestown Capital Partners, who had served as interim CFO since late 2019. Prior to this role, Varun Gandhi served as Senior Vice President of…
Toyota Motor North America (TMNA) announced executive changes to its automotive operations. Bill Fay, TMNA’s SVP of Automotive Operations, will retire, after more than 38 years with the company, on September 1, 2020. Bill Fay has held key sales positions in four TMNA regional offices and senior-level roles in operations at company headquarters, including group vice…
The Executive Chairperson of Biocon, Kiran Mazumdar Shaw recently through social media platform Twitter announced that she has tested positive for the novel coronavirus. In her tweet informing the people of her health, the 67-year old biotech industry veteran said, “I have added to the COVID count by testing positive. Mild symptoms n I hope…