Healthium Medtech has announced the successful acquisition of the AbGel gelatin sponge business from Mumbai-based SGK Labs, adding to its product portfolio focused on surgical and post-surgical care. Viral Parekh, Managing Director – SGK Labs said, “AbGel has been the leading and most trusted brand of haemostatic sponges. I am delighted that our product and…
Bridgestone Americas (Bridgestone) and Sumeru Equity Partners, Danlaw, Inc. and other shareholders have reached an agreement for Bridgestone to purchase Azuga Holdings, Inc. (Azuga) and the Azuga fleet management platform for $391 million. The transaction has been approved by each company’s board of directors and is expected to close by the end of the third…
Technology Innovation Institute (TII), the applied research pillar of the Advanced Technology Research Council (ATRC), the overarching advanced technology body in Abu Dhabi responsible for driving research and development for transformative technology outcomes, has announced the appointment of technologist and entrepreneur Dr Ray O. Johnson as Chief Executive Officer. Dr Johnson will work on shaping…
Poshmark, Inc., a social marketplace for new and secondhand style for women, men, kids, pets, home and more, has announced plans to bring its shopping experience to India. By the end of this quarter, consumers in India will be able to join Poshmark’s community of millions of users in the U.S., Canada and Australia, according…
OpenTeQ, a Global Digital solutions & IT services firm, has joined hands with Microsoft & Oracle to accelerate digital transformation. A statement made by the company informed, “This partnership enables OpenTeQ to deliver a customized, highly optimized, best-of-both-clouds experience with their enterprise solutions. OpenTeQ can now create cross-cloud solutions including multi-application cloud deployment and integration,…
Burgiss, a provider of data, analytics and technology solutions for private capital investors, has announced that Wyn James has joined the company as Head of Client Coverage for the Asia Pacific region. Based in Singapore, Wyn will lead commercial activities for the region, including developing new client channels and identifying and expanding on strategic business…
Integral Ad Science, a global provider of digital media quality, has announced the appointment of Saurabh Khattar to lead sales operations in India, working with brands, agencies, publishers, and platforms in the region. Based in Delhi, Saurabh reports to Laura Quigley, SVP APAC. “As marketers in India invest more significant budgets across digital advertising channels,…
MoEngage, an Insights-led customer engagement platform, has announced a fresh fundraise of $32.5 million USD led by Multiples Alternate Asset Management, with participation from their current investors, Eight Roads Ventures, F-Prime Capital and Matrix Partners. “We are thrilled to welcome Multiples as our new strategic partner as part of this Series C1 funding. This round…
Odoo, an open source all-in-one business software platform, has announced a US$215 million investment from growth equity investor Summit Partners. The transaction represents an exit for investors Sofinnova Partners and XAnge who invested in the Company in 2010 and 2015, respectively. The Company’s SaaS offering includes applications covering all business needs: accounting, inventory, manufacturing, project…
SecurityScorecard, a cybersecurity ratings platform, has announced that former President of Standard & Poor’s, Dr. Deven Sharma, has been appointed to its Board of Directors as an independent director. Dr. Sharma joins the board of directors, having previously served as part of the company’s corporate Advisory Board since May, 2020. “I am excited to welcome…
MSCI Inc., a provider of critical decision support tools and services for the global investment community, has announced that it has entered into a definitive agreement to acquire Real Capital Analytics for $950 million in cash. Founded in 2000, Real Capital Analytics is a private company and the go-to data and analytics provider of the…
Mixlab, a pet pharmacy partner to veterinarians, has announced a $20M investment led by Sonoma Brands, with participation from Global Founders Capital, Monogram Capital, Lakehouse Ventures, Brand Foundry and others. Keith Levy, Operating Partner at Sonoma Brands and former President of pet food manufacturer Royal Canin USA, will join Mixlab’s board of directors. “I’ve worked…
Merqueo, a full-stack delivery scale-up, landed a $50 million series C round led by IDC Ventures, Digital Bridge and IDB Invest. The round was also supported by MGM Innova Group, Celtic House Venture Partners, Palm Drive Capital and previous shareholders. “Merqueo has developed all the attributes and technologies required to operate in a complex market,…
Element5, an Automation as a Service solution leveraging AI and RPA for post-acute care, has announced the appointment of Jennifer Maxwell to their Board of Directors. Jennifer is currently the co-founder and CEO of Maxwell Healthcare Associates, (MHA) a consulting firm in post-acute care and Strategic Advisor to Medalogix, a one-of-a-kind data analytics company also…
Square, Inc. and Afterpay Limited have announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the issued shares in Afterpay by way of a recommended court-approved Scheme of Arrangement. The transaction has an implied value of approximately US$29 billion (A$39 billion) based on the closing…