Denave, a global technology-powered sales enablement services organization, has announced that Updater Services Pvt. Ltd (UDS), a Chennai-based integrated facilities management and business services firm has acquired a controlling interest in the firm. According to a statement, “The investment will accelerate Denave’s long-term strategic plan and strengthen sales enablement capabilities for clients, spread across the…
Forte, a provider of blockchain solutions for game publishers, has announced that it has secured an additional $725 million in financing, closing its Series B. The Series B was led by Sea Capital and Kora Management with further support and funding from powerhouse game and media publishers including Animoca Brands, Big Bets (Huuuge Games), Overwolf,…
Zenoti, the cloud platform for salons, spas, medspas and fitness studios, has announced the appointment of four new executive team members: Juliet Lim as Chief Legal Officer; Namratha Roy as Chief People Officer; Jared Jost as Vice President, Marketing; and Patrick Barry as General Manager. Lim brings extensive legal experience having previously served as Chief…
World Bank and Asian Development Bank have announced the launch of ‘WePOWER India Partnership Forum’ to increase workforce participation of women in energy sector Mr. Vishal Kapoor, Joint Secretary – Distribution, Ministry of Power, Govt of India mentioned that the Ministry of Power recognised that “Women will be needed to fill the increasing talent demand…
The Western Union Company, a global cross-border, cross-currency money movement and payments platform, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership. The deepened partnership expands Mastercard Send integration into Western Union’s global money movement network, and also Mastercard’s Cross-Border Services delivery via Western Union Business Solutions, a…
Social networking startup CiSApp has announced that it has raised $174000 (INR 1.3 Cr) from seed round capital Inc, a Houston-based investment firm led by Brad Jenkins and Austin Hill; and Micro Ventures out of Austin, TX. “We’ve raised around $200,000 to date, and looking to release our beta version in a month. Once we…
B2B commerce company CapGrid has announced that it has secured Rs 4.1 crore in the latest seed funding. The round saw participation from Anicut Angel Fund, First Cheque and Axilor Ventures. Speaking on the announcement, Dheeraj Kumar Tiwari, Co-founder and CEO at CapGrid, commented, “We have been bootstrapped so far and this seed capital will…
Health and wellness platform Mosaic Wellness has announced that it has secured $24 million in the Sequoia Capital India led series A funding round. Existing investors including Matrix Partners India and Elevation Capital also participated in the funding round. Speaking on the investment, Co-founder and CEO of Revant Bhate, commented, “We started with a vision…
India’s music television network 9X Media, has announced the launch of a kids learning YT channel called Loppipops. Starting 14th November, ‘Loppipops’ Kids learning Channel will be available on YouTube. Commenting on the launch of Loppipops, Amar Tidke – Chief Programming Officer, 9X Media said, “We are delighted to launch Loppipops Kids learning YouTube Channel…
The NDC Partnership has launched the Partnership Action Fund (PAF), with at-launch commitments of $33 million that members will be able to access in order to quickly respond to a developing country’s needs, according to a statement. The statement added, “The new funding comes as the members of the NDC Partnership announced they are ready…
Spotify Technology S.A., has announced that it has entered into a definitive agreement to acquire Findaway, a digital audiobook distribution platform. Terms of the transaction were not disclosed. According to a statement, “Together, Spotify and Findaway will accelerate Spotify’s entry into the rapidly growing audiobooks industry, enabling faster innovation and bringing audiobooks to Spotify’s hundreds…
Simplilearn, an Online Bootcamp and a frontrunner in the EdTech domain, has announced the appointment of Saurabh Arya as Vice President – Simplilearn Enterprise. He will be leading the Enterprise Business in India and the SAARC region. An alumnus of Asian Institute of Management (AIM) and Indian Institute of Technology Guwahati, Saurabh Arya joins Simplilearn…
Fabric, a headless commerce platform, has announced that Chandra Shekar Neti has been appointed the company’s first Head of and Vice President of Software Engineering, APAC. Chandra will lead fabric’s core software development teams across the APAC region, where he’ll direct the design, development and deployment of new API-based solutions for fabric’s global customer audience.…
CleverTap, an user engagement and retention cloud platform, has completed the acquisition of Patch, a technology that enables businesses to brand and embed communication channels — including in-app voice, chat, and push notifications — directly into consumer apps. The terms of the deal have not been disclosed. According to Vikrant Chowdhary, the recently appointed and…
CompStak, a commercial real estate transaction data and analytics platform, has announced $50 million in Series C funding. Investment Funds managed by Morgan Stanley Expansion Capital led the investment round with participation from Mitsui Fudosan’s CVC Fund and Crow Holdings, and several existing investors, including Canaan Partners & IA Capital. The investment brings CompStak’s total…