Cityblock Health, a healthcare provider for Medicaid and lower-income Medicare beneficiaries, has announced the completion of a $192 million Series C extension funding round. Cityblock will use the newly-raised capital to accelerate deployment of its community and value-based care model nationwide. New Cityblock investor Tiger Global led this latest round, with participation from existing investors…
TripleLift, an advertising technology platform, has announced that it has signed a definitive agreement to receive a majority investment from Vista Equity Partners. Vista, a global investment firm focused on enterprise software, data and technology-enabled businesses, will help drive further innovation across TripleLift and accelerate global growth. “We have developed into a leader in the…
HCL Technologies Ltd (HCL), a global technology company, has announced the opening of its Innovation center focused on digital acceleration in Mississauga, Ontario. From this newest Global Delivery center (GDC), HCL will deliver technology solutions to its global client base to help accelerate their digital transformation journeys. HCL will provide next-gen services including digital and…
WNS Limited, a provider of global Business Process Management (BPM) solutions, has partnered with McCain Foods, a provider of planet-friendly food, to transform and manage its Finance & Accounting (F&A) function. “In the midst of the COVID-19 pandemic, McCain Foods made the strategic business decision to transition their F&A processes from their incumbent service provider…
6sense, an account engagement platform, has raised $125 million in Series D funding at a $2.1 billion valuation. D1 Capital Partners led the round with participation from Sapphire Ventures and Tiger Global. Existing investor Insight Partners also participated. “This latest round of investment follows 6sense’s third straight year of 100%+ revenue growth while leading the…
Living Security has closed a $14 Million Series B round to continue its expansion beyond cybersecurity awareness training and further develop its human risk management platform. The investment was led by Updata Partners and includes previous investors Silverton Partners, Active Capital, Rain Capital and SaaS Venture Partners. Jon Seeber, General Partner at Updata, will join…
Online Baby and Kids Store – FirstCry has raised $315 million from a consortium of private equity investors – ChrysCapital, TPG, and Premji Invest. Founded in 2010 by Supam Maheshwari and Amitava Saha, Firstcry is now valued at around $1.9-$2.1 billion with the recent investment. Some of the brands available on FirstCry.com include Chicco, Graco,…
WhiteHat Jr, an EdTech company known for delivering 1:1 live online classes in Coding & Math, has entered into a multi-year partnership with EnduroSat, a space company. “The contract entails a satellite launch in December 2021, which will have a payload dedicated to WhiteHat Jr that provides its students with learning opportunities related to space.…
Wipro has named Subha Tatavarti – former Walmart and Paypal executive as chief technology officer (CTO). Wipro Limited is a global information technology, consulting and business process services company. It uses cognitive computing, hyper-automation, robotics, cloud, analytics and technologies to help its clients adapt to the digital world. The company has over 190,000 employees serving…
KFC, a fast food chain based in US, is planning to double women employees count at restaurants to 5,000 in 3-4 years as part of its diversity and inclusion initiatives. The company is also aiming to increase the ratio of women workforce from 30 percent to 40 percent by the year 2024 as part of…
American financial services firm – Goldman Sachs has asked its critical staff in Bengaluru to go back to working from home as the city witnessed a rise in coronavirus cases. “This hasn’t come as a surprise given how coronavirus cases have been rising in the city, specifically in the area where the office is located.…
Tommy Hilfiger, which is owned by PVH Corp., has announced the appointment of Alegra O’Hare as Chief Marketing Officer, Tommy Hilfiger Global effective April 12, 2021. Within the role, O’Hare will develop and execute innovative global marketing strategies to reach and engage existing and upcoming generations of TOMMY HILFIGER consumers. “Alegra’s appointment is a crucial…
Vifor Pharma has announced that the Board of Directors will propose Åsa Riisberg for election to the Board at the Annual General Meeting on 6 May 2021. Åsa Riisberg, a Swedish citizen, was formerly Partner and member of the extended Executive Committee of the private equity firm EQT. She has served on various international boards…
Venerable has announced the promotions of two West Chester, PA based Investment and Finance leaders, Tim Henry and Karthik Gadiraju. As Senior Vice President, Tim Henry, will lead a team of investment professionals and will be tasked with adding a second asset manager to Venerable’s business model at the close of the previously communicated transaction…
Iyuno Media Group has completed its acquisition of 100% of SDI Media. This transaction brings together two of the industry’s leading companies in localization, with the shared mission of supporting its customers in their efforts to reach global audiences, according to a statement made by the company. “The combined company, now under the Iyuno-SDI Group…