Equisoft, a global digital solutions provider to the financial industry, has announced the appointment of Emilio B. Imbriglio (FCPA, FCA, MBA, ICD.D, CFE) as Chairman of the Board. Mr. Imbriglio has been President and CEO of Raymond Chabot Grant Thornton (RCGT) since 2013, working with his team of more than 2,800 professionals in over 100…
Park+ has announced that the platform has raised $25 million in the latest series B funding round led by Sequoia Capital India, Epiq Capital and Matrix Partners India. The round also saw participation from AdvantEdge, Fund II as well as Motherson Lease Solution Limited. Speaking on the annoucement, Amit Lakhotia, Founder and CEO of Park+,…
Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the USD 3.5 billion Welspun Group, has signed a Memorandum of Understanding (MoU) with Guidance – the Government of Tamil Nadu’s nodal agency, for investment promotion and single window facilitation. A statement informed, “This is towards setting up warehousing…
Infomo Global Ltd. has announced a strategic merger with Indian ad-tech platform – TorcAI to enable its alliance partners to offer an integrated ecosystem that addresses the emerging needs of large publishers, publisher consortiums, telecom carriers, agencies, and brands across the vast global marketplace, according to a statement. Welcoming the merger, Infomo’s MD and Group…
Zenwork, a provider of digital tax compliance and regulatory reporting fintech SaaS platform for businesses everywhere, has successfully raised over INR 1200 Crores from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies. According to a statement, “The investment will enable Zenwork, operating the brands Tax1099 and Compliancely, to accelerate…
Payhawk, the payments and expense solution with offices in London, Sofia, Berlin and Barcelona, has raised $112 million just three years after its inception, valuing the company at $570m. The Series B round is led by the San Francisco-based investor Greenoaks, who has a track record of investing in technology companies such as Gorillas, Robinhood,…
Shield-IoT, a mass-scale IoT and IIoT network cyber security and operational monitoring platform, has announced the closing of a $7.4 million Series A round of funding. The Series A round was led by NextLeap Ventures and Bloc Ventures, with the participation of Atlas Ventures, Akamai Technologies, Springtide Ventures, DIVEdigital, and Janvest Capital Partners. Founded in…
Kapture CRM, a homegrown customer support automation platform, has appointed Ashish Mittal as VP – Customer Success. Ashish’s new role will entail assisting Kapture in developing a stronger relationship with their customers. Ashish has 15 years of experience and has worked with companies in a variety of industries, including Sensio enterprises (a deep-tech startup), Freedom…
Zenity, the only governance and cybersecurity platform for Low-Code/No-Code applications, has exited stealth mode with a $5 million seed funding round, led by Vertex Ventures and UpWest, and backed by executives such as the former CISO of Google, Gerhard Eschelbeck, and former CIO of SuccessFactors, Tom Fisher. The platform said in a statement, “Today’s digital…
Borderless Capital, the Miami-based venture capital firm dedicated to the Algorand ecosystem, has announced the closing of PLANETS.Fund, a $10M fund focused on building a green data economy. A statement said, “The fund will invest in the ecosystem surrounding PlanetWatch, the world’s first decentralized indoor and outdoor air quality monitoring network built on the Algorand…
As part of its expansion plan, kids and maternity wear retailer, Me N Moms, has opened 12 new stores across India. Three stores were opened in Hyderabad, Telangana; two in Nagpur, Madhya Pradesh; two in Gautam Budh Nagar (Noida), UP; one each in Bhatinda, Ludhiana and Amritsar, Punjab; one in Kolkata, West Bengal; and one…
UST, a digital transformation solutions company, has announced the expansion of the workforce in its Bengaluru, Karnataka center to over 6000 employees. The company has also added over 2000 employees since February 2020, the post-pandemic era. In line with the company’s accelerated growth strategy, UST Bengaluru center plans to double the number of employees to…
Eatron, an ‘intelligent automotive software’ platform for the edge and the cloud, has announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast. Part of the Series-A funding will be used to expand the platform with additional partnerships for third-party software modules and semiconductor &…
XPDEL, LA-based eCommerce Fulfillment center network, has announced its entry into the Indian markets. XPDEL plans to start with 3 markets – Delhi NCR, Mumbai, and Bengaluru wherein it will offer a wide range of technology enabled solutions for India’s e-commerce market. Subsequently, it plans to expand its footprint to 20 markets by end of…
dunnhumby, the customer data science platform, has announced a significant expansion to its India leadership team with the appointment of two industry veterans. The company welcomed Chhavi Sinha as Global Head of Data Engineering and Nitesh Maan as Director of Media Engineering. “We are looking forward to Chhavi and Nitesh joining our leadership team, bringing…