Category: Investment

LTIMindtree partners with Aforza to setup Training Academy

Aforza, the leading cloud and mobile solution specifically built for the Consumer Products industry that empowers businesses of all sizes to protect margins on every channel, and LTIMindtree, a global technology consulting and digital solutions company, announced a strategic partnership to deliver digital transformation in CRM & TPM across the consumer products industry. The partnership between Aforza…

Synechron acquires Dreamix

Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, announced its acquisition of Dreamix, a custom software development company founded in 2006. Dreamix, headquartered in Sofia, Bulgaria, is a bespoke end-to-end software engineering and digital product/application development company. Dreamix caters to the customized needs of an array of globally renowned enterprise…

Manifold secures $15 mn Series A funding led by TQ Ventures

Manifold, an AI-powered clinical research platform, announced a $15 million Series A. Led by TQ Ventures, the funding round also includes new investors Calibrate Ventures and SK Ventures, notable founders and CEOs including healthcare leader Dr. Sachin H. Jain and existing investors including TTCER Partners. Built by industry veterans, Manifold’s platform streamlines the manual workflows of modern study and…

Clearwater Analytics to partner with Wilshire and acquire sophisticated risk and performance models

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, announced that it has entered into a definitive agreement to acquire risk and performance analytics solutions from Wilshire Advisors LLC, a leading global financial services firm. Specifically, Clearwater will acquire Wilshire Axiom, Wilshire Atlas, Wilshire Abacus, and Wilshire iQComposite, which provide fixed income analytics, equity analytics…

Hudle raises ₹7 cr in pre-Series A funding round

Hudle has raised  ₹7 Crore as a part of their Pre-Series A round led by Inflection Point Ventures & Sky Impact Capital. The round also saw participation from Survam Partners and Anay Ventures. The funds will be utilized for footprint expansion, product enhancements and marketing efforts towards it’s rapidly growing sports community, a statement said. Hudle is a…

Datamatics acquires Dextara Digital

Datamatics, a leading global Digital Technologies, Operations, and Experiences Company, announced the acquisition of Dextara Digital, a premier provider of Salesforce services. Salesforce is one of the largest applications enterprise companies in the world, with over 150,000 customers and 95% of the Fortune 100 companies using the platform. With the acquisition of Dextara Digital, Datamatics…

Conformation-X Therapeutics secures over $13.5 mn in funding

Conformation-X Therapeutics, LLC, an immune-oncology focused drug development company, announced that it has closed an oversubscribed funding tranche of $3.65M, bringing the total raised since inception to over $13.5M. The company unveiled its lead assets by disclosing successful ex vivo and in vivo proof-of-concept studies for its HHLA2 and IL18BP programs, marking critical milestones in the cancer drug development…

Alsym Energy raises $78 mn funding led by Tata Limited and General Catalyst

Alsym Energy, a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst, a global venture capital firm. New York-based Thrive Capital and Toronto-based Thomvest also joined in the round, as well as existing investor Drads Capital. Alsym will use…

Accenture to acquire Intellera Consulting

Accenture has agreed to acquire Intellera Consulting, an Italian consultancy firm operating in the public administration and healthcare sectors. The acquisition aligns with Accenture’s ongoing focus on helping Italian public service organizations enhance and transform their citizen services. Founded in 2021, with main offices in Rome and Milan, Intellera Consulting is one of Italy’s main…

SunFire announces investment from KKR

SunFireMatrix, Inc. (SunFire), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a significant minority shareholder in the Company.…

SLB announces acquisition of ChampionX

SLB and ChampionX Corporation announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of the…

EQT Private Equity to acquire Avetta from WCAS

EQT Private Equity announced that the EQT X fund (EQT) has agreed to acquire Avetta from Welsh, Carson, Anderson & Stowe (“WCAS”). Avetta is a global leader in supply chain risk management software. For more than two decades, Avetta’s innovative SaaS platform has enabled clients to manage supply chain risks across health, safety, and sustainability,…

Hair products maker Traya raises Rs 75 cr funding from Xponentia Capital

Hair care products maker Traya has raised Rs 75 crore in funding from Mumbai-based private equity fund Xponentia Capital, according to ETtech report. The firm offers a range of products targeting issues like hair loss. Previous to this, Traya has raised about $3 million from the likes of Fireside Ventures, Stride Ventures, Kae Capital and…

EIG’s MidOcean Energy announces strategic investment from Mitsubishi Corporation

MidOcean Energy (MidOcean), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, announced a strategic investment by Mitsubishi Corporation (Mitsubishi Corp). Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company, a…

TransUnion takes minority stake in India’s DeepTech startup SatSure

SatSure, a pioneering DeepTech company specializing in helping enterprises improve their quality of decisions with earth observation data, announced an equity investment from TransUnion, the global information and insights company. India-based SatSure leverages satellite imagery and artificial intelligence (AI) to improve decisioning quality and deliver intelligence for various industries, primarily agriculture, as well as finance,…