Deel, a global payroll and compliance space platform, has announced that it had joined forces with Zeitgold to fuel international growth and enhance the depth and breadth of its product offerings. This acquisition marks a significant milestone for Deel as the company continues to scale, adding thousands of customers as working and hiring practices continue…
Juniper Networks, a provider of secure, AI-driven networks, has announced that it has joined the Softbank 5G Consortium established by Softbank Corp. as a founding member, having been named as a 5G-related partner. A statement said, “As long-time partners, Juniper Networks and Softbank have journeyed and grown together over the years into the 5G era.…
Enedym, Inc., the technology company that develops next generation switched reluctance motors (SRMs), electric propulsion, and electrified powertrains, has announced that it has appointed Robert Lee, former Vice President of Engines, Electrified Propulsion, and Advanced Powertrain Engineering at Fiat Chrysler Automobiles (FCA) and Ron Harper, President and CEO of JFE Shoji Power Canada Inc., to…
Clarivate Plc , a global provider of information and insights to accelerate the pace of innovation, has announced that it has acquired Bioinfogate, a provider of analytics solutions in the life sciences and producer of the OFF-X™ portal. Financial terms of the transaction were not disclosed. Mukhtar Ahmed, President, Science Group, Clarivate, said,”The acquisition of Bioinfogate will further our…
Digital audio platform Khabri has said that it has raised $2.1 million in pre-Series A financing round. The round also saw participation from Pioneer Fund, Liquid 2 Ventures, Rebel Fund, Siqi Chen, Edward Lando, Shailesh Rao, among others. Speaking on the announcement, Pulkit Sharma, Co-founder and CEO of Khabri, commented, “Around 850 million Indians below…
Onsurity, a healthtech company providing monthly, comprehensive employee healthcare to SMEs, MSMEs, startups and growing businesses, has announced that it has secured $16 million in the Series A funding round. Quona Capital and existing investor Nexus Venture Partners led the funding round. The founder and CEO of Clover Healthcare – Vivek Garipalli also participated in…
Rapyd, a global fintech as a service company, has announced a $300 million Series E funding round led by Target Global. Joining the round are several new investors including funds managed by Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer, along with participation from existing investors: General Catalyst, Latitude,…
B2B startup Fashinza has announced that it has secured $20 million in the series A round led by Accel Partners and Elevation Capital. The round also saw participation from Abu Dhabi-based DisruptAD, Alteria Capital, Stride Ventures, and Tradecred. MD at Shahi Exports & Founder, Bhaane – Anand S Ahuja along with Sonam Kapoor Ahuja also…
Consumer venture fund Sixth Sense Ventures invests in India’s Plant-Based Alternate Meat Company – GoodDot. The investment will enable Udaipur-based GoodDot to further cement its status in the plant-based meat space in India while supporting its international growth, on the back of increased emphasis and spend on R&D, marketing, and channel broadening. The Company sells…
Automovill, a full-stack mobility start-up, focused on car after-sales services is planning to double its manpower by the end of the current fiscal year. The company said in a statement, “In the post covid era wherein there have been major job cuts, the hiring announcement from Automovill comes as a cheer to the talented professionals.…
Mantra Data Centers, an independent data center platform and wholesale colocation provider has announced significant investment plans across India. MDC will design, build and operate state-of-the-art Data Center facilities with an initial IT load of 20MW in each of the key data hubs: Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata. The company said in a…
Burns & McDonnell India, has named Chad Hotovec as its next CEO and director. Hotovec joined parent company Burns & McDonnell in 2006 as a project controls specialist, and most recently served as a vice president in the Oil, Gas & Chemical Group at Burns & McDonnell India for four years. “Chad has shown steadfast…
Genesis Global Capital, LLC has announced support for USD Coin (USDC) and ALGO on Algorand. Genesis will be able to seamlessly deploy its USDC and ALGO holdings across Algorand’s decentralized finance (DeFi) ecosystem by offering borrowing, lending and use of these assets as collateral, according to the announcement. The announcement informed, “Algorand’s unique pure-proof-of-stake (PPoS)…
ePropelled has announced the appointment of Peter Needham as Director of Sales – EV Propulsion. The Massachusetts-based technology company that offers electromagnetic propulsion systems will charge Needham with the development and execution of the strategic sales plan for EV propulsion systems and all associated business development. Needham is a senior manager with over 20 years’…
Global marketing operations consulting and services firm ICP has announced the appointment of Vikki Mickel as Chief Financial & Operating Officer and Michael Weeman as VP Digital Commerce & Innovation to the leadership team. Vikki Mickel brings 25 years of experience working for major agency networks including WPP and Ogilvy Health where she held global…