Consumer technology and grief wellness platform Eterneva has announced the close of an oversubscribed $10 Million Series A led by Tiger Management with co-investment from Goodwater Capital, Capstar Ventures, NextCoast Ventures, Mark Cuban and more. “Eterneva has created a transformative product that answers the need to celebrate and memorialize loved ones. We believe its technology,…
Category: Global
Silverskills Selects KloudLearn to Power Its Enterprise Learning and Development
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•Silverskills, a Business Process Management Services provider, has selected KloudLearn to power its Enterprise Learning and Development Program for Organizational effectiveness. “With advanced, autonomous, and robust features like AI-powered learning experience platform, Gamification, Social Learning, Blended Learning, and built-in course authoring tool, KloudLearn is geared towards the next generation of employees; digital natives who learn…
Mindtech raises $3.25m to accelerate growth of synthetic data training platform
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•Mindtech Global, a developer of the end-to-end synthetic data creation platform for training AI vision systems, has announced closing a $3.25 million funding round. The round was led by NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF)*, with Deeptech Labs and In-Q-Tel participating.…
Merck announces appointment of Head of China & International for Healthcare
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•Merck, a science and technology company, has announced that Hong Chow will join its Healthcare business sector as Head of China & International on October 1. In this role at Merck, Chow will lead China, Japan as well the regions Europe, Latin America, Asia-Pacific and Middle East, Africa and Russia, the franchise of Cardiovascular Metabolism…
Queenly Raises $6.3M in Funding Led by Andreessen Horowitz
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•Queenly, a marketplace and search engine for the formalwear industry, has announced that it raised $6.3 million in funding led by Andreessen Horowitz, bringing their total funding to date to $7.1 million. The recent funding from the venture capital firm Andreessen Horowitz will help the company grow their team to keep up with industry demand…
BYJU’S Acquires U.S.-Based Kids Digital Reading Platform Epic
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•Backed by General Atlantic, Sequoia Capital, the Chan-Zuckerberg Initiative, Naspers, Silver Lake, Tiger Global and other notable investors, BYJU’S, a personalized online learning platform with 100 million students, has announced a $500M acquisition of Epic, a digital reading platform for kids 12 and under. The acquisition will help expand BYJU’S U.S. footprint by providing access…
TalentSprint and Salesforce Join Forces to Skill up Students for the Future of Work
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•TalentSprint, an EdTech platform for DeepTech education and part of the NSE group, has announced a collaboration with Salesforce, focused on skilling college graduates with Salesforce skills for the jobs of the future. The collaboration will focus on training aspiring college graduates (Engineers with a Computer Science / Information Science background, BTech, MCA, BCA) to…
Subex Secure and Spire Solutions announce strategic partnership
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•Subex, a provider of Digital Trust, Internet of Things (IoT) and Operational Technology (OT) cybersecurity solutions, and Spire Solutions, Middle East & Africa’s value-added distributor (VAD), have announced a strategic tie-up to address the steep rise in cyberattacks and associated cyber risks in the region. “We are delighted by this win that has come in…
Global healthcare company GSK appoints Brian McNamara as CEO
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•The Board of GSK has announced that Brian McNamara, the CEO of GSK Consumer Healthcare (a Joint Venture between GSK and Pfizer) has been appointed as CEO Designate of the new, listed Consumer Healthcare company which will result from the proposed demerger of Consumer Healthcare from GSK in 2022. Sir Jonathan Symonds, GSK Chairman, said,…
Apollo Funds complete acquisition of EmployBridge
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•Apollo Global Management, Inc. has announced that funds managed by its affiliates have completed the previously announced acquisition of EmployBridge, an industrial staffing company in the United States. “This new strategic partnership with Apollo is a tremendous milestone for our company that will fuel our growth journey and energize our teams as they focus on…
Visa to acquire Currencycloud
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•Visa has announced that it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintechs to provide foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and retention incentives. The financial…
Symetra appoints Solynn McCurdy as Chief Diversity, Equity & Inclusion Officer
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•Symetra Life Insurance Company has announced the appointment of Solynn McCurdy as senior vice president, Chief Diversity, Equity and Inclusion Officer, a new role for the organization. Mr. McCurdy, who joins Symetra’s leadership team, will lead Symetra’s newly formed DE&I office, with responsibility for driving the company’s DE&I strategy. He reports to Anne-Marie Diouf, senior…
FirstEnergy Names Soubhagya Parija Vice President and Chief Risk Officer
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•FirstEnergy Corp. has announced that Soubhagya Parija has been named vice president and chief risk officer, effective August 16. In this role, he will develop and execute a risk program; establish standards and implement robust processes and procedures to identify, mitigate, and prevent risks across the company; and support efforts by the Board of Directors…
Spaulding Ridge opens office in Jaipur; Sumit Jain hired as India Delivery Leader
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•Spaulding Ridge, a global cloud advisory and implementation firm that helps companies deploy Best-in-Cloud solutions, has announced the opening of its India office in Jaipur with the hiring of Sumit Jain as India Delivery Leader. “The opening of the Jaipur office is in response to the growing demand we are seeing globally. With the addition…
Prodigal raises $12M Series A led by Menlo Ventures
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•Prodigal, the intelligence layer for loan servicing and collection operations, has announced a $12M Series A led by Menlo Ventures. Participating and existing investors include Accel, Y Combinator, and MGV. Lending industry veterans like Eric Sage (COO Plaid), Anand Joshi (ex American Express), and Nicholas Hinrichsen (CEO Carlypso) also joined the round. According to the…