ASSA ABLOY has acquired Omni-ID, a manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring and alerting applications, based in the US. “I am very pleased to welcome Omni-ID into the ASSA ABLOY Group. Omni-ID is a strategic technological addition to the ASSA ABLOY Group and reinforces our…
JK Tech, the global IT solutions company, has announced that it has entered a strategic partnership with Mendix, a Siemens business and a low-code application development platform for enterprises, to become a Global System Integrator. The strategic partnership will focus on two main areas: helping enterprises to modernize systems and rid their legacy technology, as…
JJELLYFISH, a tech-enabled services platform in go-to-market execution for startups and Fortune 500 new ventures, has announced the acquisition of The Clean Sell. Founded by Dominick Cappuccilli in 2015, TCS is a NYC-based consulting firm specializing in early-stage sales and commercialization. “We continue to execute against our mission of increasing the odds of commercial success…
HH Global has announced the completion of the acquisition of Adare International (including Purple Agency), from the private equity firm Endless LLP, following the signing of an agreement on Monday 21 June 2021. The combined business will generate approximately $2.1bn in annual sales. According to a statement, “This deal will create a combined global business…
CWT, the Business-to-Business-for-Employees (B2B4E) travel management platform, has appointed Cheng Meng, Hwang as Head of Global Market Management & Development (GMD), to its APAC Leadership team. Based in Singapore and reporting into Belinda Hindmarsh, SVP, Head of Global Market Management & Development, Hwang will be responsible for ensuring customer expectations are met within the region,…
DBS Bank India has announced that it has partnered with ODeX, a platform to exchange shipping documents and facilitate payments, to introduce ODeX Pay Later Solutions powered by DBS. According to a statement, “ODeX customers can access comprehensive payment and financing solutions through the partnership for all their ocean shipping transaction needs. This partnership is…
Kalam Labs, a live game streaming platform at the intersection of K-12 learning and multiplayer gaming, has announced a pre-seed round with Lightspeed and Y Combinator. With this capital, Kalam Labs plans to accelerate their product roadmap to build a “Metaverse for Science”, starting with virtual missions for 6-14 year old kids to learn their…
Standex International Corporation has announced that Flavio Maschera, President of the Engraving segment, is being elevated to Chief Innovation & Technology Officer (CITO), a newly created position in the Company. Mr. Maschera will be succeeded as President of the Engraving segment by James Hooven, currently Vice President of Operations and Supply Chain. Both Mr. Maschera…
Tim Albury, CPA, has joined AQuity Solutions as Chief Financial Officer to help guide the global clinical documentation services firm through business growth. A healthcare and life sciences industry CFO who has helped direct multiple firms through major business expansions, including IPO events, Mr. Albury will take on the senior financial administration duties previously managed…
Electric mobility startup MetroRide has announced that it has secured an undisclosed funding in its seed round. The round saw participation from angel investors such as Sudhir Pai, Shailesh Powdwal, Bhagirath Tanna and entrepreneur Sushant Divakar. A statement said, “the funds will be used to expand its all green and 100 percent EV fleet’s footprint…
Mumbai-based global robotics startup Miko has said it has raised $28 million in IIFL AMC led Series B funding round. The round saw participation from Aroa Ventures – family office of OYO founder Ritesh Agarwal, Mankind Pharma Family Office, Asian Paints’ Manish Choksi, among other investors. Existing investors including IvyCap Ventures, YourNest Capital, Chiratae Ventures,…
Doxel, a software start-up providing the first computer-vision-powered predictive analytics solution for the construction industry, has announced the closing of $40 million in Series B financing – bringing its total funding to $56.5 million. The investment, led by New York-based global private equity and venture capital firm, Insight Partners, with participation from existing investors Andreessen…
B2B software-as-a-Service startup Everstage has announced that it has raised $1.7 million in 3one4 Capital led seed funding round. Angel investors including Co-founder of Rippling – Prasanna Sankar; Co-founders of Chargebee – Krish Subramanian and Rajaraman Santhanam; CRO of Freshworks – Sidharth Malik; CTO of Conga – Koti Reddy; CEO of Ally.io – Vetri Vellore;…
Maria Mallaband Care has announced the appointment of Laura Finlay as Group Head of Talent Acquisition. “MMCG is pleased to welcome Laura Finlay to the team, who joined us as Group Head of Talent Acquisition at the start of July. Laura is keen to develop MMCG’s presence in the market, establishing the group as an employer of…
Emeritus, an education upskilling company, has announced a $650 million funding round, through a mix of primary and secondary funding, which values the company at $3.2 billion, quadrupling its Series D valuation from August, 2020. The investment was led by Accel and SoftBank Vision Fund 2. Accel and SoftBank Vision Fund 2 join Emeritus’ returning…