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Rimini Street, a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, announced the appointment of Gerard Brossard to the newly created role of executive vice president and chief operating officer (COO). Brossard reports directly to Rimini Street CEO, Seth A.…
Auckland-based cloud storage and file hosting service company Mega Limited recently announced that it has appointed David McLaughlin as Compliance Manager. In his new role, he will be responsible for ensuring that the cloud storage and back-up service continues to operate with the highest levels of compliance with regulatory requirements. David is an Auckland-based commercial…
Robotic Process Automation (RPA) company, UiPath, recently announced it has closed its Series E investment round, raising $225mn at a post-money valuation of $10.2bn. The round was led by Alkeon Capital Management. Others participating include Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global, Wellington, and funds and accounts advised by T.…
Internet giant Google recently said that it would spend around $10bn in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. The investments will be done through a digitization fund, highlighting Google’s focus on the rapid pace of growth of apps and…
Voyager Space Holdings, the world’s first space-focused holding company, announced the acquisition of Pioneer Astronautics in a cash and stock transaction. Pioneer Astronautics is a hands-on research and development company dedicated to inventing and proving new technologies to advance humanity’s reach into space and improve life on Earth. “Today’s news marks the second acquisition for…
Aeolus Capital Management Ltd. recently announced that Aditya Dutt will be appointed a Partner and President of Aeolus and will be elected as a member of the Aeolus Board, following a period of gardening leave from RenaissanceRe Holdings, his current employer. Dutt is currently Senior Vice President of RenaissanceRe and President of Renaissance Underwriting Managers,…
Yumlane, a Mumbai-based cloud kitchen startup owned by Qwikpik Technology Pvt Ltd, announced that it has raised $1 million pre-Series A funding led by Jetty Ventures. Yumlane will utilise the funds for expansion in new cities and hiring. The startup currently has 30 PoDs across Bengaluru and Pune. The startup was founded in March 2016…
Fortune Brands Home & Security, Inc. recently announced that it has elected Amit Banati to its Board of Directors, effective September 21, 2020. “We are excited to welcome Mr. Banati to Fortune Brands’ Board of Directors. His deep financial acumen, general management and operations background and significant experience in the Asia Pacific region will be…
ParkSmart, a Delhi-based parking spot reservation platform founded by IIT Delhi Alumni, announced that it raised Rs 1.5 crore from ah! Ventures, with participation from Marwari Angels, according to a YourStory report. Founded in 2019 by IIT Delhi graduates Prateek Garg, Vishva Sharma, Rahul Gupta, Rishabh Nagpal and Ratan Sethi, ParkSmart helps users to search…
Google announced that it will invest $10 billion in India over the next five to seven years, the search giant’s CEO Sundar Pichai said, according to media reports. Google said that it will use this investment to buy stakes in large Indian companies as well as niche digital service providers. According to Google’s blog post,…
Venture capital investment firm TrueBridge Capital Partners recently announced the close of its sixth venture capital fund-of-funds, TrueBridge Capital Partners Fund VI, L.P. (“Fund VI”) with $600mn in limited partner commitments. With this latest fund, TrueBridge surpasses its previous fund of $450 million and now manages over $3.3 billion in assets. “Today’s global economic environment…
Cloud-consulting company DoiT International recently announced the expansion of its leadership team with the naming of Kristen Tronsky as Chief People Officer. Kristen joins DoiT International from VMware, where she served most recently as Chief of Staff for multi-cloud management company CloudHealth Technologies after their successful acquisition. In her new role at DoiT International, Kristen…
Health Vector, an innovative health information management company, announced the appointment of Joshua Heapes as the company’s Chief Growth Officer. In his new role, Heapes will lead the expansion of Health Vector’s commercial organization including sales, account management, commercial operations, and marketing, to position the company for its next phase of accelerated growth. “Health Vector…
IncNut Digital, a Hyderabad-based media and e-commerce startup focused on Beauty & Wellness, Parenting, Food, Weddings and Interior Décor, announced that it has raised around $4 million Series A funding led by RPSG Ventures, an early stage consumer-centric venture capital fund backed by RP-Sanjiv Goenka Group. The Company will utilise the current financing for strengthening…
Israeli AI startup NovaSight recently announced today that it has finalized its round A financing totaling $8mn. The round was led by Rimonci Capital and joined by world-leading strategic investors from both pharmaceutical and medical device industries. Prior to this round the company had raised $8mn for a total of $16mn. The funds will be…