HGC Global Communications Limited (HGC) has announced the appointment of Cliff Tam as Senior Vice President of Global Data Strategy & Operations, International Business. Working within the HGC International Business team, he will be responsible for expanding the Group’s global presence and fully-fledged services to deepen its partnerships with digital content, service and infrastructure providers.…
Sourcewiz has announced that it has raised $3M in the seed funding round led by Blume Ventures and Alpha Wave Incubation (AWI). Angel investors including Former CEO of Arvind Limited – Ravi Bhargava, Wayfair’s GM Rakshita Agrawal, and other angel investors also participated in the funding round. Speaking on the appoinment, Divyaanshu Makkar, Co-Founder and…
ITILITE, an all-in-one business travel and expense management platform, has announced an exclusive tie-up with ICICI Bank to issue commercial credit cards to businesses in the country. With this, companies can now get an ‘ICICI Bank Central Travel Account Card (CTA card)’ and make travel bookings for employees seamlessly at a discounted rate on the…
CarDekho Group, India’s auto-tech company, has further fortified its leadership team by appointing Mr Mayank Gupta as Chief Financial Officer. Mayank will oversee financial, compliance, legal and investor relations areas and will also be responsible for managing the processes for financial planning and reporting, risk management, etc as the company looks ahead to an IPO.…
Global data and measurement-driven media agency Essence will become Deutsche Bank’s new lead media agency from 1 January 2022. “Essence is the ideal partner to have at our side. Essence thinks through campaigns based on data from the customer’s point of view – and scales and distributes them together with their global network GroupM,” said…
Bangalore-based tech startup Liberwin Technologies has announced the launch of its skill-based Gigwork Platform “Liberwin” to transform the global landscape of future-of-work and democratize the way talent meets the work. According to a statement, “The AI-powered new age platform has both Enterprise (B2B) and Freelance (B2C) editions and desires to storm the fast-growing global HRTech…
Deci, the deep learning development company that helps enterprises build, optimize, and deploy AI to production, has announced that it has raised a $21 million Series A round led by New York-based global private equity and venture capital firm Insight Partners. Deci’s existing investors Square Peg, Emerge and Jibe Ventures participated in the round and…
Lacework, the data-driven cloud security company and Snowflake, the Data Cloud company, have announced a product integration and go-to-market partnership. “Clari was among the first to recognize the power of combining Lacework’s security intelligence with Snowflake’s business intelligence,” said Steve Lukose, Director of Security Engineering at Clari. “Together, we created dashboards that enable us to track…
Edtech platform based in Gurugram Questt has announced that it has secured $6.75 million in the latest series A funding round co-led by Premji Invest and Celesta Capital. Existing investors AET Fund, First Cheque, Titan Capital, MarsShot Ventures, along with Chiratae Ventures. Speaking on the announcement, Akhil Singh, co-founder of Questt, commented, “As our nation…
Electric, the provider of IT technology for small and medium-sized businesses, has announced that it has raised $90M in Series D funding. Existing investor GGV Capital is leading the round, with participation from existing investors Bessemer Venture Partners, Primary Venture Partners, Greenspring Associates, 01 Advisors, Atreides Management, Vintage Investment Partners and Slack, bringing Electric’s total…
Bites, a game-changing player in the employee communications and training industry, has announced the completion of their seed funding round, raising $5M. The funding round was led by Vertex Ventures Israel, a Israeli venture capital firm. Surround Ventures, a US-Israeli VC specializing in early-stage media and eCommerce startups, Oryzn Capital, an Israeli venture focused on…
Volante Technologies, the global cloud payments and financial messaging platform, has announced it received USD 10M in growth funding from Wells Fargo Strategic Capital, bringing the total institutional investment to date to USD 45M. “While innovation has accelerated in customer-facing fintech applications, legacy core payments infrastructure has been slower to adopt new technologies due to…
STL, an industry integrator of digital networks, has reported a 30% YoY revenue growth in its financial results for the second quarter ended September 30, 2021. STL has recorded Rs 15.08 billion in revenues with ~43% coming in from the EMEA region and ~12% from Americas, demonstrating increased global traction for its integrated digital network…
Mindtree, a digital transformation and technology services company, has announced that it has been selected as a strategic partner by Western Asset, an active fixed-income investment managers, to help drive innovation and differentiated experiences for the company’s global investors. Mindtree will initially partner with the Western Asset team on their IT infrastructure and application portfolio,…
Arthur J. Gallagher & Co. has announced that it has completed its acquisition of Mumbai, India-based Edelweiss Gallagher Insurance Brokers Limited. Headquartered in Mumbai, with branches in Delhi, Kolkata and Bangalore, Edelweiss Gallagher Insurance Brokers Limited is an insurance/reinsurance broker offering general insurance solutions to clients across India within four business lines – corporate, affinity…