Affine, an Artificial Intelligence (AI) and Data Engineering solutions consultancy headquartered in Bangalore, opened its new branch in Hyderabad, announcing plans to hire 200 new employees before the end of this financial year and ramp it up to 350 to 400 by the end of the 2022 calendar year. “Hyderabad is big on Industry 4.0.…
ClickUp, an all-in-one productivity platform, has announced that the company has raised $400 million in Series C funding. The Series C funding, co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners, puts ClickUp at a $4 billion valuation. “ClickUp’s sole purpose has always been to make the…
ANGUS Chemical Company, a global manufacturer and marketer of specialty ingredients and consumables for biotechnology, pharmaceutical, consumer and industrial applications, has announced the appointment of Jonathan Arnold to the Company’s Board of Directors. “Throughout his extensive career, Jonathan has demonstrated an ability to build, develop and lead strong teams that are aligned to successfully deliver…
iMerit, an AI data solutions company, has announced the appointment of Sudeep George, Vice President of Engineering, and Glen Ford, Vice President of Product. In their new roles, both Sudeep and Glen will be focused on product expansion and development of AI data solutions within the machine learning and artificial intelligence industries. “We’re excited to…
Wipro Limited, a global information technology, consulting and business process services company, has announced the appointment of Kimberly Watson as Country Head and Managing Director for Canada. Watson will focus on Wipro’s vision for business growth, localization, brand building and significant transformational and modernization engagements with clients in key sectors, according to a statement. Watson…
O4S has raised $6 Million in a Series-A funding round led by Think Investments. Existing investor Venture Highway also participated in the round. The company has earlier raised a total of $3.5 Million in different rounds of investments backed by Venture Highway, and angel investors including Amit Singhal, Subhrakant Panda and Bikram Singh Bedi. The…
Abcam, a global innovator in life sciences reagents and tools, has announced the successful completion of its acquisition of BioVision and the expansion of its immunoassay capacity in Eugene, OR. According to a statement, “The addition of BioVision enhances Abcam’s in-house innovation and adds scale to support the biochemical assay and cellular assay markets. The…
The US-based specialised technology services provider Wissen Technology has further expanded its presence in India by setting up a new Centre of Excellence in Bangalore to cater to its BFSI clientele. This new facility, coming up in Kadubeesanahalli, Outer Ring Road, is Wissen Technology’s third office in Bangalore and sixth in the country, according to…
Quantum Machines, creator of the universal quantum computing cloud infrastructure, has announced an investment from Qualcomm Ventures LLC. The investment in Quantum Machines is the first by Qualcomm Ventures in the Quantum Computing space and is an extension of the company’s Series B round announced earlier this year. Qualcomm Ventures invests in companies focused on…
DeHaat, India’s agritech platform offering end-to-end agricultural services to farmers, has announced that it has raised US $115 million in Series D funding, led by Belgium-based investment firm Sofina and Lightrock India. Temasek co-invested in the round with participation from existing investors Prosus, RTP Global, Sequoia Capital India and FMO. Dexter Capital and Vertices Partners…
HDFC Bank, Mastercard, U.S. International Development Finance Corporation (DFC), and U.S. Agency for International Development (USAID), has launched a $100 million credit facility to promote and encourage small businesses in India to digitize, while also helping Indian businesses, particularly those that are women-owned, to recover from the economic impacts of the pandemic, according to a…
Zolve, a neobank enabling global access to financial services, has announced the closing of $40 million in Series A funding. The round was led by Partners of DST Global, who have previously led rounds in many prominent global fintechs such as Robinhood, Nubank, Chime, Revolut, and Wealthsimple. The round also recorded participation from Tiger Global.…
Sipher, a gaming studio that pioneers blockchain technology, has announced the closure of its $6.8 million seed round, co-led by Arrington Capital,Hashed and Konvoy Ventures. The funding will be used to accelerate the development of its upcoming World of Sipheria game and continue to build the tools needed to create gaming experiences based on blockchain…
Wipro Limited, a global information technology, consulting and business process services company, is partnering with Micro Focus to launch the Legacy Migration and Modernisation Lab collaborating with Amazon Web Services (AWS). “We are excited to collaborate with AWS and Micro Focus to launch this lab and enable our customers who continue to rely on legacy…
NFT-focused social platform Hyy.pe has announced that it has secured $2 million in the Elevation Capital led funding round. The round also saw participation from angel investors including founders of Bankless – Ryan Adams and David Hoffman; Santiago Roel Santos from Ro Capital, Co-founder of DraftKings – Matt Kalish, Head of Crypto, Visa – Cuy…