Zwipe and Que Processing Services (QPS) are joining forces to bring Zwipe Pay ONE biometric payment cards to banks in two key markets, Asia and the Middle East. QPS provides a fully managed card issuance and processing platform services to various financial and non-financial institutions. QPS delivers innovative card programs in multiple countries including India,…
Lifebit Biotech Ltd, the precision medicine software company democratising access to biomedical data for governments, healthcare providers and research teams worldwide, has raised a $60 million Series B funding round, led by global investment firm Tiger Global Management. Existing investors Eurazeo, Pentech Ventures, and Beacon Capital also participated. “Making distributed highly-sensitive biomedical data usable while…
IoT Carrier 1NCE has announced $50M in financing. The capital is provided by investors including Deutsche Telekom, SoftBank, and other investors. 1NCE offers cellular device connectivity at a fixed price in over 100 countries via 2G, 3G, 4G, 5G, NB-IoT and LTE-M. 1NCE will use the fresh capital to accelerate international expansion and fuel growth…
Diligent Corporation, a SaaS governance, risk and compliance (GRC) platform, has announced that Ricardo Moreno has joined the company as the new Senior Vice President of Worldwide Partnerships and will also lead commercial growth for Latin America. In the newly created role, Moreno will develop and execute a global strategy to drive new revenue streams…
Gem has announced that it has raised $100 million in series C funding round at a $1.2B valuation. The round was led by ICONIQ Growth and includes participation from returning investors Greylock and Accel, as well as new investors Sapphire Ventures and Meritech Capital. According to a statement, as of September 2021, Gem counts over…
Woven Planet Holdings, Inc., a subsidiary of Toyota Motor Corporation, has announced the acquisition of Renovo Motors, Inc., a Silicon Valley-based automotive operating system developer. Nikos Michalakis, Senior Vice President of Software Platform, Woven Planet Holdings, said, “The acquisition of Renovo supports Woven Planet’s work in transforming worldwide mobility. A key part in delivering our…
Andersen Global has extended its global platform’s eastern coverage through a Collaboration Agreement with tax advisory firm BoardRoom Business Solutions Pte. Ltd., adding 14 locations across Singapore, Malaysia, China and Hong Kong. Founded in 1968, BoardRoom offers a full suite of tax, finance, payroll and corporate secretarial services, providing business solutions and corporate advisory to…
Leena AI has announced that it has raised a $30 million Series B financing round, bringing the company’s total amount raised to $40 million. New investors Bessemer Venture Partners led the round with participation from existing investor Greycroft. The round also included an investment from Facebook co-founder, Eduardo Saverin’s B Capital Group. The new capital…
Rediffusion has appointed Jai Talwar as its chief talent officer. Talwar will be responsible for the human resources function at Rediffusion as well as Everest. Sandeep Goyal, managing director at Rediffusion, commented, “Jai is a very experienced professional. With varied exposure. He brings to Rediffusion his vast canvas of brands and relationships. Jai is one…
Energize Ventures, a global alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition, has announced the closing of a second flagship fund with total capital commitments of $330 million. Energize intends to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. The firm will continue to…
Burro, formerly known as Augean Robotics, an autonomy company providing solutions for the agriculture industry, has announced that it has raised a $10.9 million Series A. The round was led by S2G Ventures and Toyota Ventures, with F-Prime Capital and the Cibus Enterprise Fund joining, along with existing investors including Radicle Growth and ffVC. “Many…
CK Ranganathan, Chairman & Managing Director, CavinKare Pvt Ltd has taken over as the President of All India Management Association (AIMA) from Mr Harsh Pati Singhania, Vice Chairman & Managing Director, JK Paper Ltd. Ranganathan will lead AIMA as President till the next National Management Convention in September 2022. Dempo Group Chairman, Mr Shrinivas Dempo…
ElasticRun has announced the appointment of Shailendra Narang, as Director, Kredit Business. In this role, Shailendra will be responsible for building the rural credit business, bringing in solutions focused on improving the credit access for rural kirana merchants. Upon joining ElasticRun, Shailendra Narang, Director, Kredit, remarked, “The hinterland of India consists of 650,000 villages inhabiting…
Plum – a home-grown, 100% vegan, PETA certified, clean beauty brand is strengthening its leadership team as it looks to deepen its omni-channel network across geographies, expand its product offering across newer segments and drive business transformation. The company has announced the appointment of Shivani Behl as Chief Marketing Officer and Gaurav Sarda as Chief…
Astrome, a deeptech startup, has announced that it has raised $3.4 million in IAN Fund led bridge funding round. The round also saw participation from Germany-based Urania Ventures, Lakshmi Narayanan (Founder, Cognizant), Impact Collective from South Korea, India’s ArtPark, among other angel investors. “Astrome is the only company that has a product which features multiple-point-to-point…