Voyager Innovations, a technology company in the Philippines, has announced that it raised US$167 million to fast-track financial inclusion in the Philippines through its financial technology arm, PayMaya Philippines. Participating in the funding were existing shareholders PLDT Inc., the Philippines’ integrated telecommunications company and digital services provider; KKR, a global investment firm; and Tencent, a…
Virtuoso Infotech Pvt. Ltd., an enterprise software solutions company, founded by Ms. Preeti Nahar and Mr. Yogesh Satpute, based out of Pune, India, has announced the news of its first investment fundraise. India’s private sector bank HDFC and its subsidiary HDFC Securities Limited has acquired a 7.4% stake in Virtuoso Infotech. Virtuoso Infotech specializes in…
Lu International, a subsidiary of Lufax Holding Ltd, a technology-empowered personal financial services platform in China, has announced that it has established a strategic partnership with Schroders Singapore, a wholly owned subsidiary of Schroders, an asset management company, to co-innovate digital wealth solutions in Southeast Asia with the aim of addressing the needs of retail…
Charles Taylor, a provider of services and technology solutions to the global insurance market, has announced the appointment of John Pickersgill as Group Chief Commercial Officer, effective June 28. John joins Charles Taylor from AXA XL where he served as Head of Global Client Management, and previously as Chief Commercial Officer for AXA Corporate Solutions.…
iTV Network and Kaydence Media Ventures (KMV) have entered into a strategic partnership to develop global media properties from Goa. Through this synergistic tie-up Goa Chronicle &Incubees brands of KMV will get a major expansion across the Print, Digital & TV platforms of iTV Network, according to a statement. The statement said that iTV Network…
Kyndryl, the new, independent public company that will be created following the separation of IBM’s Managed Infrastructure Services business, has announced the appointment of Antoine Shagoury as the company’s Chief Technology Officer. In addition, Kyndryl also is establishing an advisory practice of senior experts to assist customers with designing and deploying advanced technology environments, and…
ReNew Energy Global PLC has announced the proposed appointment of a new Board of Directors, which is to be seated after the close of the Company’s proposed business combination with RMG Acquisition Corporation II. The proposed Board of Directors for ReNew Global include the following six independent Directors: Sir Sumantra Chakrabarti, formerly the President of…
Mastercard has announced its strategic equity investment in Instamojo, a payments and online selling company, to help small businesses go digital. CEO and Co-founder of Instamojo – Sampad Swain, said, “We are focussed on the larger picture of providing the small businesses with a platform, which helps them to start, manage and grow their business online. It…
Payments and credit start-up Slice has announced that it has raised $20 million in equity funding round from existing investors Blume Ventures and Gunosy. Founded in 2016, slice is building financial products and services to meet the financial needs of gen z and millennials across the country. Founder & CEO – Rajan Bajaj said, “The…
U.S.-China-based Pony.ai, an autonomous driving technology company, has announced that Lawrence Steyn, currently Vice Chairman of Investment Banking at JP Morgan, will join the company as Chief Financial Officer. “We are pleased to welcome Lawrence to join Pony.ai to help drive the next phase of growth,” said James Peng, CEO, and Founder of Pony.ai. “With…
CitiusTech, a provider of healthcare technology services, solutions and platforms, has announced that it has made a strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to payer organizations. “Payer organizations are leaning heavily on digital capabilities and innovative technology solutions to enhance quality of care, member experience and overall performance,”…
Classplus, an edtech startup, has announced that it has raised $65M in Series C funding round led by Tiger Global. The funding round also saw participation from existing investors RTP Global, Blume Ventures, Alpha Wave Incubation (AWI) along with GSV Ventures. Mukul Rustagi, CEO and Co-Founder of Classplus, said, “We are on a mission to…
Aima Technology, a Chinese e-bike manufacturer, announced its Initial Public Offering (IPO) on the Shanghai Stock Exchange (SSE). The value of the firm’s share rose to the exchange’s maximum allowed daily limit on the first day of trading, according to a statement. The statement added, “Aima’s listing on China’s A-share market further cements the company’s…
VRChat, a social virtual reality (VR) platform, has announced a Series D investment round of $80 million. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. “VRChat hosts a vibrant, creative, and engaged community that has played a critical role in shaping its continued development. We’re excited to…
Edge Delta, which analyzes data using distributed stream processing and federated machine learning, has announced a $15-million Series A round led by Menlo Ventures and Tim Tully, the former CTO of Splunk. Previous investors, MaC Venture Capital and Amity Ventures, are participating as well. “Five years ago, data volumes were smaller, and it was no…