Category: Global

Leap India bags Rs 104 Cr in debt from CDC Group

Integrated pooling and supply chain solutions company Leap India has announced that the company has secured Rs 104 Cr in debt from CDC Group. A company statement said, “With a two-fold mission to connect the grain supply chain from farm to business, and to transform itself into a robust agri-silos and logistics platform, Leap India…

Investment advisory platform Stratzy secures $800,000 in a pre-seed funding round

Investment advisory platform Stratzy has announced that it has secured $800,000 in its pre-seed financing round. The latest round saw participation from Leo Capital, First Cheque and Titan Capital. Speaking on the announcement, Mohit Bhandari, Co-founder and CEO, Stratzy, commented, “While the ultra-rich have a plethora of financial products at their disposal, the regular investor…

Wipro announces partnership with DriveNets

Wipro Limited, a global information technology, consulting and business process services company, is partnering with DriveNets, a cloud-native networking software and network disaggregation solutions platform, to transform how communication service providers (CSPs) build next-generation networks, according to a statement. The statement added, “Combining DriveNets’ disaggregation solutions with Wipro FullStride Cloud Services’ expertise in consulting, ecosystem…

WOO Network raises $30M series A

WOO Network has announced the completion of its $30M Series A with backing from Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, and Crypto.com Capital. The round saw investors across core pillars in the industry: trading institutions, exchanges, venture funds, and research firms such as AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart,…

Ittiam Systems Receives a Strategic Investment

Ittiam Systems has announced that Dolby Laboratories has made a strategic capital investment in the company. The investment will facilitate co-creation of new technologies and products for the rapidly growing online media workflows around content creation, delivery and consumption, according to a statement. “This is a momentous occasion in the journey of Ittiam Systems, and…

Softdel and Software AG Partner

Softdel, an IoT solutions provider for smart buildings, has inked a strategic partnership with Software AG, a provider of Enterprise Integration & IoT Platforms. Sachin Deshmukh, Managing Director, Softdel commented, “We see tremendous value from our partnership with Software AG to drive our vision of connecting devices, enterprises, and people. Our EdificeEdge platform integrates perfectly…

Fountain raises $85 million in funding

Fountain, an all-in-one applicant tracking system, has announced $85 million in Series C financing, led by SoftBank Vision Fund 2* with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital. With the Series C, Fountain has now raised $119 million…

KGS Microsystems LLP acquired by Government Advisory Firm Sapio Analytics

Sapio Analytics, an artificially intelligent support system for governments and citizens, and KGS Microsystems LLP have entered into an agreement of commitment for acquisition of KGS Microsystems LLP, at an undisclosed sum. “The anonymized intelligence driven out of the digitization by KGS Microsystems LLP, and its deep trust-based access to various clients in law enforcement,…

Edtech startup BrightChamps raises $63 Mn

BrightChamps, a global platform for kids to learn next-generation skills has recently announced that it has raised $63 million to emerge as one of the fastest growing Edtech startups to reach a valuation of nearly half a billion dollar in little over a year, according to a statement. The investment round saw contributions from multiple…

Centrical names former SAP SuccessFactors executive, April Crichlow, as chief marketing officer

Centrical, a global software as a service company and next-generation employee engagement and performance management platform, has named former SAP executive April Crichlow as Chief Marketing Officer. “As part of our aggressive expansion strategy and a move reimagine work with our clients, we sought a world-class marketing leader with category-building experience and a proven track…

HealthHelp and Covera Health Announce Strategic Partnership

HealthHelp, a WNS company and specialty benefits management company independent of health plan ownership, and Covera Health, the healthcare quality analytics platform, has announced a new strategic partnership. A statement said, “The agreement will extend the value of HealthHelp’s Diagnostic Imaging program through the integration of Covera’s national Centers of Excellence (CoE) program, increasing access…

Cendyn and Pegasus to Merge

Cendyn, the provider of cloud-based software and eCommerce services for the hospitality industry, has entered into a merger agreement with Pegasus, a provider of revenue and distribution solutions for the hospitality industry. According to a statement, the combination of both companies provides hoteliers with a platform to maximize their direct-booking channel and enhance the guest…

GlobalBees Announces Investments in Yellow Chimes and Absorbia

GlobalBees has announced two more investments as new-age brands, Yellow Chimes, a fashion jewellery brand and Absorbia, an innovative home care brand, join its portfolio. The founders along with a 29 member team of Yellow Chimes and 7 member team of Absorbia, will become a part of GlobalBees family. With this acquisition, GlobalBees has forayed…

Subway Announces Its Largest Ever Master Franchisee Partnership With Everstone Group To Expand Its Presence In India

Subway, the restaurant brand, has announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused private investment firm. The agreement is one of the largest master franchise agreements in QSR history, according to a statement. “Today’s announcement represents a significant…