Xoxoday has announced its acquihire of the Planetworx Technologies start-up team, comprising Girish Vishwanath C, Ranganathan Srinivasan, Amarnath Bapu, and Amit Mitra. Planetworx Technologies, incorporated in 2016, graduated from select industry accelerator programs like Airbus’s Bizlab program, CISCO Launchpad, and Pitney Bowes. Its audience intelligence platform Trapyz provides brands and marketers with AI-driven insights to…
Ladder, which offers life insurance, has announced a $100M Series D round to continue building the digital life insurance company. The $100M financing round was led by Thomvest Ventures and OMERS Growth Equity. It will be used to fuel Ladder’s approach to making life insurance as accessible and affordable as it should be — as…
The Burgiss Group, LLC, a Hoboken, New Jersey based data and analytics provider for the private capital industry, has announced that it has completed the merger with Caissa, LLC, a provider of a multi-asset class analytics platform. The merger was originally announced on September 13, 2021. Combined, the company has over 450 employees worldwide and…
NetApp, a global, cloud-led, data-centric software company, has announced that it has signed a definitive agreement to acquire CloudCheckr, a cloud optimization platform that provides cloud visibility and insights to lower costs, maintain security and compliance, and optimize cloud resources. Financial details of the transaction are not being disclosed. “Managing costs while accelerating cloud applications…
Fintech platform Progcap has announced that it has raised $30 million in Series C funding round. The round saw participation from existing investors including Tiger Global Management, Creation Investments and Sequoia Capital India. Speaking on the announcement, Co-founders of Progcap, Pallavi Shrivastava and Himanshu Chandra, stated, “The recent funding round will help us allocate resources…
Sun Life Financial Inc., through its U.S. business, has entered into a definitive agreement to acquire DentaQuest, for US$2.475 billion. Headquartered in Boston and founded in 2001, DentaQuest is a provider of Medicaid dental benefits in the U.S. with Medicare Advantage, commercial and U.S. Affordable Care Act (ACA) exchange businesses. Upon close of the transaction,…
Renee Cosmetics has announced that it has raised $1.5 million in Equanimity Ventures and 9Unicorns led pre-Series A funding round. Titan Capital also participated in the latest round. The round also saw participation from investor Rajesh Sehgal – Equanimity Ventures, Apoorv Ranjan Sharma- 9Unicorns, and Titan Capital’s Kunal Bahl and Rohit Bansal. Speaking on the…
The Indian Electrical & Electronics Manufacturers’ Association (IEEMA) – the apex association of the Indian electrical equipment manufacturing industry, has announced that Mr. Vipul Ray, Managing Director, Elmex Controls Ltd as the new President of IEEMA for the year 2021-2022. Office Bearers Mr. Rohit Pathak, CEO, Birla Copper (Hindalco Industries Limited) and Mr. Hamza Arsiwala,…
Matrix-backed e-commerce startup OfBusiness has announced that it has secured $200 million in the Tiger Global led Series F funding round. The round also saw participation from existing investors including Falcon Edge Capital and SoftBank Vision Fund II. Speaking on the announcement, Asish Mohapatra, CEO and Co-Founder of OfBusiness, commented, “The India B2B markets across…
Kickflow, an alumni of the prestigious Tezos India Fellowship Program, has launched its first-ever decentralized, open-source crowdfunding and grants platform. A statement made by the company said, “Utilising the concepts of Capital-constrained Liberal Radicalism (CLR) and Quadratic Funding, the platform, along with its governance token, will allow projects to seek funds matched through the mathematically…
Beacon, the digital supply chain and freight platform, has raised over $50 million in its Series B round, led by Northstar.vc. Upper90 also participated as a new investor. The fresh capital will be used to grow the team, continue the development of Beacon’s technology and expand into new markets. Existing investors also participated in the…
Azure Power Global Limited has announced that Mr. Alan Rosling, has been appointed as a non-executive and nominee Director of Azure by Caisse de dépôt et placement du Québec (CDPQ). Mr. Rosling will replace Mr. Barney Rush as the Chairman of the Board. Mr. Barney Rush, who served as Director on the Board for nearly…
LeadIQ, the account-based prospecting SaaS platform that simplifies lead management and sales prospecting, has announced that it has raised a $30 million Series B round led by global venture capital firm Cathay Innovation with participation from Eight Roads Ventures, Alumni Ventures, LAUNCH Fund, Draper Associates, Fresco Capital and Strong Ventures. This investment brings the total…
HH Global has announced the completion of the acquisition of Noosh, following the signing of an agreement on September 30, 2021. According to a statement, “HH Global identified Noosh as the best-in-class global technology solution provider with over $1.2b in marketing spend managed and sourced through its technology. This will allow HH Global to introduce…
Viacom18 has announced that Jyoti Deshpande has been appointed as CEO of Viacom18 with immediate effect. Jyoti is already serving on the boards of Network18 and investee companies Balaji Telefilms and Saavn Media. According to a statement, in her new assignment, Jyoti will help bring synergies across all of Reliance’s media interests and investments and…