4baseCare, a precision oncology company in India, has announced a collaboration with Cellworks Group, Inc., a US-based company. As a part of this association, the organisations will further their capabilities in personalised cancer care and treatment strategy based on advanced clinical insights through genomics-based molecular profiling and biosimulation, according to a statement. Speaking on the…
Category: Global
Anomaly raises $17 million
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•Anomaly, a precision payments platform using artificial intelligence (AI) to improve payment accuracy in the healthcare industry, has announced $17 million in series A and seed funding. The series A was led by RRE Ventures and included participation from Link Ventures and existing investors Madrona Venture Group, Declaration Partners, and Redesign Health. “Overpayments, billing errors,…
PerkinElmer India signs distribution agreement with GenWorks Health
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•PerkinElmer Inc. has announced that it is collaborating with GenWorks Health to be the exclusive distributor of solutions in the PerkinElmer newborn and prenatal screening portfolio. This association will help provide better access to reproductive health solutions across India, particularly within private hospitals and clinics, according to a statement. Shripad Joshi, president, PerkinElmer India &…
The Estée Lauder Companies announces Cedric Prouvé, Group President, International
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•Today, The Estée Lauder Companies has announced that after 27 years with the company, Cedric Prouvé, Group President, International, has made the decision to retire effective June 30, 2022. “In a rapidly-changing industry, Cedric’s strategic vision, inspiring leadership style and unique team-building abilities have been integral to the success of ELC’s International business, and we…
Trentar acquires 75 percent Stake in Drones Propulsion System’s Startup – Trishula
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•Trentar has announced the acquisition of 75 percent Stake in Drones Propulsion System’s Startup – Trishula. Trentar had recently acquired GarudaUAV, a Drone based services and platform company and also launched the Drone Manufacturing Division with its own VTOL UAV due for release early 2022. Mr. Subodh Menon, Founder, Trentar, expressed, “Completely Indigenous UAV is…
Teachmint raises $78 million in Series B round led by Rocketship.vc and Vulcan Capital
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•Teachmint, education infrastructure startup, has raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital. This round also saw new investors, Goodwater Capital and Epiq Capital, join the company’s cap table. Existing investors Learn Capital, CM Ventures, Lightspeed India and Better Capital continue to double down in the fifth round raised by…
Vasudevan Sundarababu Joins Pactera EDGE to Lead Its Global Digital Engineering Practice
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•Pactera EDGE, a digital solutions provider for the data-driven, intelligent enterprise, has announced the appointment of Vasudevan Sundarababu as a Senior Vice President, Head of Digital Engineering. Sundarababu, who has over 25-years of IT industry experience, most recently served as Global Head of Cloud Data Platforms for Capgemini Financial Services. He was previously Chief Technology…
Sun Life announces Ingrid Johnson as new President of Sun Life Asia
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•Kevin Strain, President and Chief Executive Officer of Sun Life Financial Inc. has announced Ingrid Johnson will become the new President of Sun Life Asia effective October 26, 2021. Ms. Johnson will be responsible for one of Sun Life’s strategic pillars encompassing life, health and wealth management businesses in eight Asian markets – China, Hong…
Mitratech announces 300% growth at Center of Excellence and Appoints New VP of Engineering
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•Mitratech, the provider of legal and compliance software, has announced substantial growth in its Center of Excellence (COE) across India, with nearly 300% growth in the last 18 months. The rapidly expanding employee talent field is focused on software and technology and the unprecedented growth throughout Mitratech and within India, has prompted the appointment of…
Hopscotch appoints Harish Babu as Senior Director of Engineering
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•Hopscotch has announced the appointment of Harish Babu as Senior Director of Engineering. Purple Quarter has spearheaded this leadership search. Speaking on the appointment, Ajay Gondhiya, CTO, Hopscotch, said, “We are glad to have Harish join the team. To broaden our technological landscape, we were looking for a capable engineering leader who can take charge…
Admix raises $25m series B funding round
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•Admix, the In-Play monetization company that bridges the gap between gaming content and brands, has announced that it has raised USD $25 million in a Series B round to scale up its In-Play solution worldwide; and establish it as the content monetization layer for the metaverse. According to a statement, “Arriving just one year after…
AlphaSense acquires Stream by Mosaic
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•AlphaSense, a market intelligence and search platform, has acquired Stream by Mosaic, provider of library of expert interview transcripts. This acquisition allows AlphaSense to add its AI search technology on top of the content platform, and is consistent with the companies’ shared mission to empower business and financial professionals to make smarter decisions through the…
Teachmint lands $78 M in series B round
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•Teachmint, education infrastructure platform, has announced that it has secured $78 million in the latest series B round co-led by Vulcan Capital and Rocketship.vc. The funding round also saw participation from new investors including Goodwater Capital, Epiq Capital along with existing investors According to a statement, “Teachmint will use this fresh infusion of funds to…
Greaves Electric Mobility completes acquisition of 26 percent Stake in MLR Auto Ltd.
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•Greaves Electric Mobility Pvt. Ltd., the e-mobility arm of Greaves Cotton Limited, has announced the completion of its acquisition of 26% stake in electric-3 wheeler manufacturer, MLR Auto Ltd. P Sanjeev, Executive Director, MLR Auto, said, “We are now prepared to compete in the e3W sector of cargo and passenger transportation in the commercial clean…
Compliance Software Startup ‘Complinity’ Raises USD 750,000 from RiSo Capital and Other Investors
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•Complinity, a Gurgaon based startup in the B2B SaaS space has raised $750,000 (INR 5.5 crore approximately) in a funding round from RiSo Capital, an early stage VC investment firm based in Silicon Valley (US), along with Rajnish Babbar, another lead investor from the US and few other angel investors, as part of the Pre-Series…