Government advisory firm Sapio Analytics, headquartered in Mumbai, has taken controlling minority stakes in a public company, with an aim to expand its depth of reach to citizens of India. The acquisition is in form of a conditional agreement with payment in tranches, according to the statement released by the company, keeping the name of…
CSS Corp, a global customer experience and technology services provider, and Cloudwiry, a global cloud technology company, have announced a strategic partnership to develop joint go-to-market programs and solutions to provide cloud governance, cost-optimization and application modernization services, according to a statement. “Inadequate cloud cost governance and architectural inconsistency are widespread challenges in the industry,…
Boston based FinTech company, Tera, has launched a full-stack AI powered finance automation platform to help businesses save time and money by offering a unified experience in managing banking, corporate cards, spend, payments, according to a statement. “Today, businesses are looking for ways to take greater control of their finances following the global pandemic and…
Bajaj Group has announced the appointment of Gopal Agarwal as Executive Director, Finance with effect from October 14, 2021. He will report to Kushagra Bajaj, Chairman, Bajaj Group and will be based at the Group’s Head Quarters at Bajaj Bhawan, Mumbai. Gopal joins us from Adani Group where he was the Joint President, Group Corporate…
AuthBridge, India’s authentication player, has raised Series A investment from an Infinity Alternatives led investor group. Infinity Alternatives is a boutique asset manager, which invests across private and listed equities and currently manages/advises more than US$100mn in assets for multiple family offices. The size of the deal was undisclosed. Gurugram based AuthBridge provides end-to-end digital…
Sims Limited has announced the appointment of Victoria Binns as an independent non-executive director to the Board of Directors effective Oct. 8, 2021. Ms. Binns’ appointment, a casual vacancy on the Board, is to be confirmed by shareholders at the 2021 annual general meeting scheduled for Nov. 10, 2021. Ms. Binns has more than 35…
Y Combinator and Nexus VP-backed Mudrex, a global crypto asset management platform has launched ‘Coin Sets’. According to a statement, “Through Coin Sets, for the first time, retail investors will get the ability to invest in a variety of Mutual fund style crypto investment products, earlier only accessible to the HNIs and institutions. With this…
Blockchain platform Arcana Network has announced that it has secured $2.3 million in funding round co-led by Woodstock Fund and Republic Crypto. The round also saw participation from LD Capital, Digital Currency Group (DCG), shl.vc, Hyperedge, Fenbushi Capital, Paradigm Shift VC and others. Himanshu Yadav, Woodstock’s Founding Partner, said, “Arcana’s team has been building for…
The blockchain project AcknoLedger, a global consortium that maps, monetizes and distributes Web 3.0 digital assets, has announced that it has raised $1.53 million in initial seed and private sales. The initial seed and private sales round has come from over 30 venture capitals like Momentum 6, Basics Capital, Krypital Capital, Shima Capital, Magnus Capital,…
The Ford Foundation has announced the election of two new members of its board of trustees: Laurene Powell Jobs, president of the Emerson Collective, and former ambassador Richard Verma, general counsel and head of Global Public Policy at Mastercard. Powell Jobs currently serves as board chair of the XQ Institute and of College Track, a…
Crain Communications, parent company of Modern Healthcare, has announced the acquisition of Mercom Capital Group’s Digital Health Business, a source of digital healthcare financial data and research. The acquisition includes all of Mercom’s Digital Health research assets, including its funding and merger and acquisition (M&A) reports and subscriptions, databases, newsletters and other related assets. “For…
Deutsche Bank has announced the long term extension of its partnership with Frieze, in support of artistic excellence and the shared vision of a diverse and thriving global community of emerging artists, according to a statement. “Our longstanding partnership with Frieze underlines Deutsche Bank’s commitment to encouraging new and noteworthy artistic talents from across the…
Robotics and Automation company Addverb Technologies has announced new leadership appointment. The company has announced the appointment of Sylvain Auvray as its Chief Design Officer and Phillip Gollan as its Chief Service Officer – global operations, according to a company statement. Speaking on the announcement, Mr Sylvain Auvray, commented, “I am thrilled to be a…
HeyHey! has recently raised 1.5 million USD from notable investors including Electric Capital, Vector Media, Yoshimoto Kogyo. Commenting on the launch, Caleb Franklin – Founder & CEO – HeyHey! , said, “The Internet is reimagining how fans can interact with their favourite celebrities. At HeyHey!, we are all about spreading joy, and we love seeing…
AVIOM India Housing Finance, amicro-mortgage Housing Finance Company, has completed its Series C $8 million equity funding from Sabre Partners. Aviom, founded in 2016 by Kajal Ilmi, has its presence in 14 states with 100+ branches. It caters to low-income households in rural and semi-urban areas. It provides loan to women borrowers who do not…