Pet food platform Dogsee Chew, based in Bengaluru, has announced that it has secured $7 million in pre-series A funding round Sixth Sense Ventures. Speaking on the announcement, Nikhil Vora, CEO of Sixth Sense Ventures, commented, “Globally, petfoods is much larger than most FMCG categories like oral care and baby foods. The Indian pet food…
Visa, the digital payments platform, has announced that it is looking for startups from across Asia Pacific to join the second cohort of their accelerator program. According to a statement, “the Visa Accelerator Program focuses on helping startups in Asia Pacific expand their business into new markets with a strong emphasis on identifying commercial opportunities…
Nautilus Biotechnology, Inc., a single-molecule protein analysis platform, and Abcam, a global innovator in life sciences research tools, has announced a strategic development and supply partnership. “We are excited to be working closely with Abcam to build reagents that we believe will further enhance our proteomic analysis methods,” said Sujal Patel, co-founder and CEO of…
Cordillera Holdings LLP, a newly created insurance-focused investment platform, has announced that on November 1st, it had through its subsidiary, Bona Holdings LLC, completed the acquisition of Sunset Life Insurance Company of America with veteran annuities industry executive Nathan Gemmiti serving as Chief Executive Officer of the Carrier. The initial capital for the acquisition and…
WhiteSpace Health has announced a $18 million investment from parent company, Omega Healthcare, that is backed by investment funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Everstone Capital, to accelerate the product roadmap of its AI-driven Revenue Intelligence Platform and the expansion of its selling engine. According to Gautam Char, President and CEO…
Hyatt Hotels Corporation has announced that Hyatt has completed the previously announced acquisition of Apple Leisure Group® (ALG), a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC. According to a statement, “through this acquisition, Hyatt has added properties in 11 new European markets and expanded…
Unacademy, India’s learning platform, has announced the acquisition of Swiflearn, an EdTech platform that provides live face-to-face online tuitions for CBSE & ICSE students of grades 1 to 10. The acquisition is in-line with Unacademy’s plans to strengthen its position in the K-12 category and optimise its product offerings in the space, according to a…
MakeMyTrip has announced partnership with IndiGo to Launch Exclusive Air Charter Holiday Services to Phuket. Speaking on being the first to launch charter holiday services to Phuket, Vipul Prakash, Chief Operating Officer, MakeMyTrip shared, “Over the past few quarters our focus has been to build product and services that help make travel during the pandemic…
Apollo.io, the go-to-market acceleration platform for B2B companies, has raised $32M in a Series B funding round led by Tribe Capital, with participation from NewView Capital and existing investor Nexus Venture Partners. With the capital in hand, Apollo.io plans to expand its product and engineering teams to refine its technology. The round will also enable…
Moody’s Corporation has announced that it has named Christine Elliott as Managing Director – Head of Global Corporate Affairs. In this newly created role, Ms. Elliott will lead Moody’s dialogue with key stakeholders, including employees, policymakers, government officials, and media. “As a global integrated risk assessment firm, it is of vital importance that we deliver…
The Hosteller, backpacker hostel chains, has announced that it has secured $1 million in FAO ventures and CA Holding LLP led funding round. Investors including SUNiCON Ventures, Jito Angel network, Shubhkam Ventures, and FAAD Network also participated in the latest round. Speaking on the announcement, Pranav Dangi, Founder – Hosteller, commented, “People are looking for…
Omega Healthcare Management Services, a provider of technology-enabled business process services across the healthcare ecosystem, has announced that Co-founder and current Chief Executive Officer Gopi Natarajan has decided to retire after 18 years of leading the firm. Co-founder and President Anurag Mehta has been appointed as the Company’s new Chief Executive Officer, effective November 01,…
Rimini Street, Inc., a global provider of enterprise software products and services, the third-party support provider for Oracle and SAP software products and a Salesforce partner, has appointed Eric Helmer as its chief technology officer (CTO) and announced the establishment of the Office of the Chief Technology Officer (OCTO). As CTO at Rimini Street, Helmer…
Yugabyte, the open source distributed SQL databases platform, has announced that it has closed $188 million in an oversubscribed Series C funding round. The round, led by Sapphire Ventures, includes participation from Alkeon Capital, Meritech Capital, and Wells Fargo Strategic Capital, as well as existing investors Lightspeed Venture Partners, 8VC, Dell Technologies Capital, Wipro Ventures,…
Yokogawa Electric Corporation has announced that it has acquired all shares of Insilico Biotechnology AG, a Stuttgart, Germany-based developer and provider of bioprocess software and services. A statement said, “Fostering the development of the bioeconomy is one of the priority issues within Yokogawa’s sustainability goals, and in line with that the company aims to leverage…