Tekie, an edtech startup, has announced that it has secured $1.5 million in its latest funding round. The seed round was led by GSV Ventures and Multiply Ventures. The round also saw participation from Better Capital. The Bengaluru-based company informed in a statement, “the startup plans to utilise the funds to scale its operation to…
AGCO, a worldwide manufacturer and distributor of agricultural machinery and prevision ag technology, has announced that Ivory Harris is named Senior Vice President, Chief Human Resources Officer effective today. Ivory assumes responsibility for all global human resources activities and will be focused on leading and developing a high-impact talent strategy that helps AGCO achieve its…
Riiid Inc, an AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fund 2. SoftBank Vision Fund 2 led the round as the sole investor, which brings Riiid’s total funding to $250 million. It is Riiid’s largest funding round to date. “Riiid wants to transform education with AI, and achieve a…
Litigation financier LegalPay has raised an undisclosed funding in its seed round led by 9Unicorns, accelerator VC. The round also saw participation from investment platform LetsVenture, angel investors including founder of Knowlarity and founder of PE-fund Basis Vectors – Ambarish Gupta. Kundan Shahi, CEO of LegalPay, stated, “Litigation finance promotes lawsuits to be decided purely on their merits.…
AI startup Fireflies.ai has announced that it has raised $14m (Rs 100 Cr) in the latest financing round. The Series A round was led by Khosla Ventures, with participation from its seed investor, Canaan Partners. This follows a $5m seed round at the end of 2019. The enterprise AI company also announced that Sandhya Venkatachalam…
Banking tech startup Zeta has announced that it has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion. With this investment, Zeta becomes the latest entrant to the unicorn club. “Most banks are using decades old software built when Mainframes and Cobol were in vogue.…
PPG has announced two executive appointments, effective July 1. Diane Kappas, current vice president, automotive OEM coatings, Americas, will become vice president, global sustainability. Andrew Carroll, current vice president, industrial coatings, Americas, will become vice president, automotive OEM coatings, Americas and mobility. Kappas will report to Amy Ericson, senior vice president, packaging coatings, and Carroll…
Dun & Bradstreet, a global provider of business decisioning data and analytics, has announced the appointments of Virginia Gomez as Chief Product Officer and Michael Manos as Chief Technology Officer. Gomez joins Dun & Bradstreet from TransUnion, where she was Executive Vice President of Product & Portfolio Management. Manos joins the company from Fiserv where…
L&T Technology Services Limited, a global pure-play engineering services company, has announced that it has signed a collaboration agreement with UK’s Coventry University to build and deliver new generation engineering solutions for the automotive and manufacturing sectors. The partnership will see research undertaken in autonomous mobility solutions and vehicle dynamics with the aim of strengthening…
Kellton Tech, a global provider of digital transformation, integration, and enterprise intelligence, has bagged a contract to build a cutting-edge NFT (Non-Fungible Tokens) marketplace, using new digital technologies, including blockchain. “The advanced NFT marketplace will create exceptional user experiences while buying, selling, and auctioning digital artifacts in the form of tokens. The NFT marketplaces are…
Barclays Investment Bank has announced the appointment of Lucy Demery as a Managing Director, responsible for the coverage of Fintech clients across Europe, the Middle East and Africa. She will work with Barclays coverage, country and product teams, as well as Joel Fleck, in his role as Global Head of Fintech Banking, to broaden and…
Larsen & Toubro (L&T), an engineering and construction company, has announced that it is planning to intensify its efforts to retain the company’s workforce, in light of the second wave of COVID-19, according to a company official. “What has happened after the first wave (of COVID-19) is that much of the labourers went back to…
Family Business Network International (FBNI) has re-elected Farhad Forbes as global chairman. The Family Business Network is an organization of business families. Founded in 1989 and headquartered in Lausanne, FBN is a federation of Member Associations spanning 65 countries. As a community, FBN brings together 4,000 business families – encompassing 16,000 individual members of which…
PeopleStrong, an enterprise HR technology platform, has announced its expansion to Australia and New Zealand. The Group CEO, Pankaj Bansal said, “The HR technology market has matured considerably with many organizations realizing the true potential of HR and work tech in transforming employee experience and enabling the workforce in the new normal.” Pankaj added, “We’re…
Immuta, the provider of cloud data access control, has announced that it has secured $90 million in Series D funding. Immuta will use the investment to further its market leadership position and capture rising demand for centralized, scalable access control across cloud data sets, the company said in a statement. The new investment comes less…