Edtech platform Mindler has announced that it has secured $1.5 million in its pre-Series A financing round. The latest round saw participation from Ecosystem Ventures, Chennai Angels, Inflection Point Ventures, and nVentures Singapore. Prateek Bhargava, Founder and CEO of Mindler, said, “We are focusing on both the demand and supply side of the career guidance…
Springer Nature Group has announced the appointment of Venkatesh Sarvasiddhi as the new Managing Director (MD) of Springer Nature India. Venkatesh has almost two decades experience across the private and public sectors in India. He joins Springer Nature from National Skills Development Corporation (NSDC), the Government of India’s not-for-profit public limited company, where he led…
Indium Software has announced that it has on-boarded Ramkumar Ramamoorthy and Rajesh Balaji to its advisory board. In his current role as a Partner with Catalincs Partners, Rajesh enables technology companies embrace digital for growth and scale. In the past two decades at Cognizant, he incubated several business units, including Manufacturing, Logistics, Energy and Utilities…
SoftTech Engineers Ltd. has recently announced its strategic investment in a Singapore-based Company, ‘Qi Square Private Limited’. Qi Square is a spin-off company from the Nanyang Technological University (NTU), Singapore. Commenting on this alliance; Mr. Vijay Gupta, Founder, Chairman & Managing Director at SoftTech Engineers Limited, said, “In the backdrop of the need for urgent…
SaaS startup eShipz has said that it has secured $700K in funding round. The round was co-led by Indian Angel Network (IAN) and Axilor Ventures. Commenting on the announcement, Shashi Tripathi, co-founder, eShipz, stated, “There are hardly any players in the market offering full-stack shipment solutions, which can fit into requirements of small SMBs to…
AI-powered SaaS startup, based in California and Bengaluru, Bidgely has announced that it has raised $26 million in the latest funding round. The funds raised will be used to boost its UtilityAI™ platform. The round was led by Moore Strategic Ventures and saw participation from Accurant International. Existing investors including Future Energy Ventures, Constellation Technology…
Fintech platform 4Fin has announced that it has raised $1.1 million in pre-seed funding round through Curesense Therapeutics Amit Tewary and Ajit Sinha, co-founders of 4Fin, commented, “We are creating a completely new category of services in the lending space. Any person in Bharat with a smartphone can access loans now. We will deliver unmatched…
Aircover, a real-time sales intelligence platform for customer facing teams, has announced its $3M Series Seed funding. The round was led by Defy Partners, with participation from Firebolt Ventures, Flex Capital, and Ridge Ventures. Additional angel investors include industry veterans in video conferencing, enterprise software, and machine learning. Bob Rosin of Defy Partners will be…
Atos and IBM have announced plans to further expand their global relationship to help banks and insurance companies address their increased security and regulatory compliance demands when moving their workloads and applications to the cloud. Atos and IBM intend to support financial services clients through the creation of a new Atos Cloud Center of Excellence.…
Haryana based Winni, an online gifting & bakery retail chain has appointed Vivek Satya Mitram as Executive Vice President – PR & Communications. Commenting on his latest role Vivek Satya Mitram EVP – PR & Communications, Winni said, “I am thrilled to join our Co-founder & CEO Sujeet Kumar Mishra in his mission of revolutionising…
Pine Labs, one of Asia’s merchant commerce platforms, has announced a new investment round in the company with the entry of Invesco, a US-based investment management company. Invesco Developing Markets Fund has invested US $100M in Pine Labs. Earlier in July 2021, the company had announced a total round size of US $600M and brought…
Amerant Bancorp Inc. has announced that Kristy Amaro has been named Chief Diversity & Inclusion Officer. A new C-suite position at Amerant, Amaro, who joined the company in 2006, will lead the organization’s efforts to further a culture that recognizes and creates opportunities for diverse representation throughout the enterprise, according to a statement. Most recently,…
Whatnot, the live stream shopping platform and marketplace for collectors and enthusiasts, has announced that it has raised $150M in Series C from returning investors Andreessen Horowitz, YC Continuity, and new investor CapitalG. They join angel investors Andre Iguodala, Logan Paul, Gokul Rajaram, Nilam Ganenthiran and others in investing in the company, bringing the company’s…
TVS Motor Company, a two-wheeler and three-wheeler manufacturer globally, has announced a partnership with EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. Led by the co-founder’s Daniel Meyer and Marie So, EGO Movement is a Swiss technology company providing mobility solutions through a portfolio…
Panasonic Corporation has announced that it has completed the acquisition of Blue Yonder, an end-to-end, digital fulfillment platform provider. Panasonic has now purchased the remaining 80% of shares of Blue Yonder, adding to the 20% which Panasonic acquired in July 2020. The investment values Blue Yonder at USD8.5 billion. Since Panasonic’s announcement to acquire all…