The Enhanced Games, the modern reinvention of the Olympic Games that does not have drug testing, announced the closing of its Series Seed funding round with the participation of leading venture capitalists including Christian Angermayer’s Apeiron Investment Group, PayPal co-founder Peter Thiel, and former Coinbase CTO Balaji Srinivasan. The multi-million dollar round gives Enhanced the financial foundations to deliver a world-class…
Kore.ai, a leader in enterprise conversational and generative AI platform technology, announced $150 million in funding. The strategic growth investment was led by FTV Capital, a sector-focused growth equity investor with a successful 25+ year track record investing across enterprise technology, along with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity,…
Accenture has completed its acquisition of Navisite, a digital transformation and managed services provider. The acquisition helps to bolster and scale Accenture’s application and infrastructure managed services capabilities to help clients across North America modernize their IT for the AI era. The acquisition of Navisite, previously announced on January 10, 2024, adds approximately 1,500 people to Accenture’s Infrastructure…
Accenture has completed the acquisition of Ammagamma, an Italy-based firm that helps companies advance their uses of AI and generative AI technologies. The transaction is part of Accenture’s $3 billion investment to accelerate clients’ transformation through the large-scale application of AI. The acquisition of Ammagamma, previously announced on November 28, 2023, adds more than 90 AI professionals…
NODWIN Gaming International Pte. Ltd (NODWIN), a fully-owned subsidiary of India’s premier gaming and esports company, NODWIN Gaming, today announced an investment of Eur 8 million in Freaks 4U Gaming GmbH, a global full-service gaming and esports company, marking a significant financial endorsement in the global gaming industry. With its convertible loan agreement of 3.6…
Bajaj Finserv Health Ltd., a wholly owned subsidiary of Bajaj Finserv Ltd., one of India’s leading and diversified financial services companies, announced the acquisition of 100% stake in Vidal Healthcare Services Private Limited (VHC). Bajaj Finserv Health is a digital-first health tech company having an extensive network covering over 1,00,000 doctors, 5,500 lab touch points…
Boston Metal, a global metals technology solutions company, announced a $20 million Series C2 investment from Tokyo-based Marunouchi Innovation Partners. The new funding brings the series total to $282 million. With this new capital, Boston Metal expands its presence in Asia, a market accounting for more than 70% of the world’s steel production. Additionally, the funding…
In a deal that closed January 25, 2024, ETS acquired PSI. This partnership brings together the long-standing expertise of ETS, the world’s largest private educational measurement organization, with PSI’s global leadership in test development and delivery across workforce certification and licensure, according to the statement. As employers and governments around the world face the critical need…
Electric vehicle (EV) ride-hailing platform BluSmart said that it raised $25 million from Zurich-based climate finance firm ResponsAbility and will use the money to expand its EV charging infrastructure, according to ETtech report. The funding comprises 20 million in debt and $5 million of equity, BluSmart’s cofounder and chief executive Anmol Singh Jaggi said. “We…
Plant-based health and nutrition supplement brand, Earthful, announced that it has raised Rs 3.3 crore in a funding round led by Green Ivy Venture, according to ETtech report. The round also saw participation from angel investors, including Tracxn cofounder Abhishek Goyal, Jayant Paleti of Darwinbox and Magicpin cofounder Brij Bhushan. The startup will use the…
Indian deep tech-enabled investments startup Fabits has announced its pre-seed round led by WMUIndia, one of India’s leading wealth management firms that advises and serves an exclusive circle primarily comprising ultra-high net-worth individuals. Fabits is looking to break the clutter in the fintech space and target customers for financial planning and wealth management to create sustainable and personalized portfolios.…
Bookingjini, a travel-tech platform raised an undisclosed amount in a Pre-Series A Round led by Inflection Point Ventures. The funds will be allocated towards both product development and customer acquisition strategies. Bookingjini is dedicated to redefining hospitality through cutting-edge technology, by providing a seamless booking experience for both hoteliers and guests. The platform offers a…
EDX Markets (EDX), a leading digital asset marketplace designed to meet the needs of both crypto-native firms and the world’s largest financial institutions, announced the successful launch of its digital asset clearinghouse, EDX Clearing, and the completion of its Series B investment round, with new investor Pantera Capital co-leading with founding investor Sequoia Capital. EDX Clearing…
RagaAI, an AI testing and safety firm founded by former Ola Electric and NVIDIA executive Gaurav Agarwal, announced its first institutional funding of $4.7 million led by AI and machine learning-focused investor Pi Ventures, according to ETtech report. Anorak Ventures, TenOneTen Ventures, Arka Ventures, Mana Ventures and Exfinity Venture Partners also participated in the funding…
NODWIN Gaming, the front-runner in South Asia’s esports and gaming industry, has acquired Comic Con India, a company famous for hosting multiple pop cultural festivals targeting youth in India. This acquisition not only diversifies NODWIN Gaming’s youth portfolio but also marks a strategic expansion in the global entertainment landscape, a statement said. As part of…