Mortgage tech platform Easy has announced that it has secured $15 million in Series-A round led by Xponentia Capital. VC funds Harbourfront Capital, RaSa Future Fund, Finsight VC, Navida Capital AB, Integra Software and Helena Wasserman Eriksson also participated in the funding round. Speaking on the announcement, Rohit Chokhani, Founder and Director, Easy, commented, “A…
The JSI Board of Directors has announced the appointment of Margaret Crotty as its next president and CEO. She will succeed Joel Lamstein, who has served as president and CEO since he founded John Snow, Inc., with Bert Hirschhorn in 1978. Margaret, who has a record of leadership and innovation in both the nonprofit and…
MyLads has now closed a €7.6 million seed investment round led by Riva Technology and Entertainment (RTE), to leverage Tech areas (new AR experiences and others), and attract new international clients. RTE’s diverse portfolio of companies will allow MyLads to benefit from a range of industry leaders, according to a statement. In addition, investor António…
emids, a digital engineering and transformation solutions platform, has announced its partnership with the Indian Institute of Technology, Madras (IITM) Research Park (RP). “As the digital accelerator in healthcare, emids’ investment in the innovation lab will expand its horizon with access to 200+ labs and test facilities available at the Research Park and through its…
Slice, a payments and credit start-up, has announced that it has secured Rs 75.5 crore in debt in the Q1FY22 from various financial institutions including Northern Arc Capital, Credit Saison India, Vivriti Capital, Niyogin Fintech Limited and others. Speaking on the announcement, Rajan Bajaj, Founder and CEO, slice, commented, “The banking industry in India often views credit cards…
Gupshup, a conversational messaging platform, has announced that it has raised an additional $240 million in follow-on funding from a group of investors including Fidelity Management and Research Company LLC, Tiger Global, Think Investments, Malabar Investments, Harbor Spring Capital, certain accounts managed by Neuberger Berman Investment Advisers LLC, White Oak, Neeraj Arora and others. This…
Kemin Industries, a global ingredient manufacturer, has selected Rebecca Lucas to serve as Director of Research and Development (R&D) for its human nutrition and health business unit. Lucas previously spent 10 years at Kemin, building expertise in the company and its industries through roles in R&D, marketing and strategic acquisition. Since 2018, she has been…
The Whole Truth has announced that it has secured $6 million in the Sequoia Capital India led series A funding round. Existing investors Sauce.Vc and Matrix Partners India, as well as a group of angel investors including Kalyan Krishnamurthy, Sujeet Kumar, Ashneer Grover and Shashvat Nakrani participated in the latest funding round. Shashank Mehta, Founder,…
ACG, an integrated pharmaceutical supplier, has announced its strategic partnership with Danapak Flexibles A/S. The partnership will translate into better services to existing and new customers of Danapak Flexibles in India, according to a statement. Mr. L.W Hyldgaard, Managing Director, Danapak Flexibles, said, “We are proud to be associated with ACG Films & Foils as…
Switch Mobility, the next-generation electric bus and light commercial vehicle company, and subsidiary of Ashok Leyland Ltd, has recently announced strategic steps to further solidify its progress towards developing net zero carbon mobility. Dr Andrew Palmer has been appointed as Executive Vice Chairman & CEO and other key leadership positions were announced. Former Goldman Sachs…
Blaize, the AI computing innovator revolutionizing edge and automotive computing solutions, has announced that it has raised $71 million in the series D funding round co-led by Franklin Templeton and Temasek. The latest round also saw participation from DENSO and other investors. Speaking on the investment, JP Scandalios, senior vice president and portfolio manager at…
Covariant, an AI Robotics company, has announced that it has raised $80 million in Series C funding, bringing its total capitalization to $147 million within two years of the company’s public launch. The round was led by returning investor, Index Ventures, with additional participation of Amplify Partners and Radical Ventures. Covariant also added new global…
ABB has announced that it has signed a definitive agreement to divest its Mechanical Power Transmission division (Dodge) to RBC Bearings Incorporated, for $2.9 billion in cash. According to a statement, the transaction will create a manufacturer of highly engineered, performance-critical bearings and motion control components. The transaction is expected to be completed by the…
Uniphore, a Conversational Service Automation (CSA) platform, has announced its agreement to acquire Jacada, a customer experience firm with the low code/no code platform for contact center automation. “Upon closing the acquisition of Jacada, and with Uniphore’s January 2021 acquisition of Emotion Research Labs , Uniphore will be the only vendor to provide proven low…
iRely, a business management software firm for commodities, petroleum distribution, convenience stores, and grain operations, has announced the appointment of Marcel Kistler as iRely’s senior partner, process transformation. Kistler will lead iRely’s process transformation team from Switzerland. Kistler has over 30 years of experience in soft commodities, from origination and trading to purchasing, transportation, production,…