Category: Global

Indifi Technologies secures Rs 340 crore in Series D funding round

Indifi Technologies, an online lending platform, has announced that it has secured Rs 340 crore in series D funding round. The announcement informed, “The funding includes an equity component of Rs 140 crore led by CX Partners and OP Finnfund Global Impact Fund I, and Rs 200 crore in debt financing from Vivriti, Northern Arc,…

MoEngage launches Strategic Customer Advisory Board

MoEngage, the insights-led customer engagement platform, has announced their Customer Advisory Board (CAB). The CAB will serve as a strategic advisor for MoEngage, as the company continues innovations around AI-powered cutting-edge technology to transform the future of Customer Engagement and Experience Management, according to a statement. “We are fortunate to be working with some of…

Tej Courier partners with Shipsy

Tej Courier has partnered with Shipsy, a SaaS-based smart logistics management platform provider, to digitize core last-mile delivery operations. Tej Courier, a Ghatge Group company, is a parcel service provider headquartered in Maharashtra. The company has a comprehensive portfolio of priority and premium document and parcel services with a service network that extends beyond urban…

WNS Cares Foundation (WCF) and Robotex India Join Forces to Bolster Cybersafety

WNS Cares Foundation (WCF), the CSR arm of WNS Global Services, has announced that it has collaborated with Robotex India to empower children and youth with practical knowledge around cybersafety through its digital platform CyberSmart. “CyberSmart was launched with the vision of empowering every child in the country to safely navigate the virtual world. WCF’s…

Xcelerate inks strategic equity partnership with Aparajitha

Xcelerate Pte Ltd has announced a strategic equity partnership with Aparajitha Corporate Services Pvt. Ltd. (Aparajitha), a Compliance Services solutions provider in India, by acquiring a controlling stake. Xcelerate Pte Ltd (Xcelerate), a Singapore headquartered platform, is creating a Governance, Risk and Compliance (GRC) investment and operational organization to offer comprehensive GRC solutions to clients…

Female-Owned Biotech Startup Tiamat Sciences Raises $3 Million

Biotechnology startup Tiamat Sciences has announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos. “Our technology can help to promote animal-free alternatives not only for food but also for the pharmaceutical industry,” said France-Emmanuelle Adil, founder and CEO of Tiamat…

Róbert Wessman-led Aztiq and Innobic join forces in $475m acquisition of Lotus Pharmaceutical and Adalvo

Aztiq, a healthcare investor led by Alvogen Founder and Chairman Róbert Wessman, and Innobic (Asia) Company Limited, a life sciences subsidiary of Thailand industrial group PTT, has announced the signing of a definitive agreement to acquire a 100% stake in Alvogen Emerging Market Holdings Limited from its existing shareholders for $475 million. Aztiq’s founder and…

Nutanix appoints Anja Hamilton as Chief People Officer

Nutanix, a hybrid multicloud computing platform, has announced that it has named Anja Hamilton as Chief People Officer, effective January 4, 2022. With more than 20 years of experience in human resources leadership roles, Hamilton brings deep expertise in accelerating growth through aligning people with business and customer objectives, shaping corporate culture, and creating an…

Thunes Announces Senior Hires to Lead Key Regions and Ramp up Global Expansion

Thunes, a global cross-border payments company, has announced that it has appointed four new senior executives to lead its business in strategic regions: Asia Pacific, the Americas, Middle East and North Africa, and Greater China. The company has appointed Jenna Wyer, SVP for the Americas, Simon Nelson, SVP for the Middle East and North Africa…

CleverTap names former Freshworks CRO Sidharth Malik as Global CEO

CleverTap, user engagement and retention cloud platform, has expanded its core leadership with the appointment of Sidharth Malik as global CEO. The announcement comes as CleverTap accelerates its international growth and builds new capabilities to help digital consumer brands increase their customer retention and foster lifetime value, according to a statement. The statement said, “Formerly…

Voice AI platform Verbit raises $250 million series E

Verbit, a voice AI transcription and captioning company, has announced that it has closed its Series E funding round at $250 million, after securing a $150 million primary investment and $100 million in secondary transactions. The round was led by a $200 million investment by Third Point Ventures, with additional participation by existing investors Sapphire…

Falcon Edge, DST Global, D1 Capital and RedBird Capital lead $840 Million investment in Dream Sports at $8 Billion valuation

Dream Sports, India’s sports tech company with brands such as Dream Capital, FanCode, Dream11, DreamSetGo, Dream Game Studios, and DreamPay in its portfolio, has announced the completion of an investment of $840 Million at an $8 Billion valuation, led by Falcon Edge, DST Global, D1 Capital, RedBird Capital and Tiger Global. The round also saw…

CoreStack Closes $30 Million Series B Financing Round Led by Avatar Growth Capital

CoreStack, a global multi-cloud governance SaaS provider, has announced a $30 million Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors. This brings CoreStack’s total funding to $45 million, following its Series A in March 2020. According to a statement, the…

Simple Energy secures $21M in oversubscribed pre-series round

Electric vehicle startup, based in Bengaluru, Simple Energy has announced that the startup has secured $21 million in its pre-series funding round. An official statement said, “this investment will be utilised to increase manufacturing capacity, accelerate new product development, and expand experience centres, consequently bolstering the company’s expansion plans.” Speaking on the announcement, Suhas Rajkumar,…