Wasabi Technologies, the hot cloud storage company, announced the acquisition of Curio AI from GrayMeta, Inc. Terms of the deal were not disclosed. The acquisition includes both the intellectual property and the visionary team behind Curio, including GrayMeta CEO Aaron Edell, who will join Wasabi as Senior Vice President of AI and Machine Learning. Wasabi will…
Accenture has completed its acquisition of Work & Co, a global digital product company that blends design, technology, and innovation to help companies create breakthrough products and experiences. The acquisition reinforces how continued investment by Accenture Song—the world’s largest tech-powered creative group—is creating new ways for its clients to grow while meeting their customers’ ever-evolving needs.…
Reveal, the global provider of the leading AI-powered eDiscovery, review and investigations platform, announced the opening of its new office in India, marking a significant moment in the company’s ongoing global expansion. While Hyderabad will be home to Reveal’s India operations, it is also key to the company’s larger strategy to extend its reach into…
KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have entered into a forward funding agreement to speculatively develop a prime logistics building (known as XDock) in Widnes, North West UK. This off-market acquisition marks the fourth development deal for KKR and Mirastar with Marshall CDP, a market leading developer specialising in…
Leading enterprise-grade staking platform Kiln announced the close of a $17 million funding round led by 1kx, with participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, LBank and further contributions from existing investors. The assets raised will be used to fund Kiln’s global expansion, including the growth of its APAC division through the opening of its APAC Headquarters…
International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Li-ion NMC batteries, announced it has raised USD 35 Million. This includes a Pre-Series A round, led by RTP Global, and contributions from a broader investment base, which includes Beenext, Veda VC, and other strategic Korean and US Investors. The investment…
Sun Pharmaceutical Industries Limited (Sun Pharma) and Taro Pharmaceutical Industries Ltd. (Taro) announced that they have entered into a definitive merger agreement in which Sun Pharma, Taro’s controlling shareholder, has agreed to acquire all of the outstanding ordinary shares of Taro other than the shares already held by Sun Pharma or its affiliates for US$43.00 per share in cash…
Accenture has acquired Impendi, a sourcing and procurement services provider with a focus on private equity clients, expanding a critical capability to Accenture’s growing offerings for this industry. Impendi helps private equity companies make sourcing and procurement decisions that increase their profitability and improve the bottom line of their portfolio companies. The firm’s procurement analytics offering…
JITO Angel Network (JAN), promoted by JITO Incubation and Innovation Foundation (JIIF), the only community-based angel network, has led the pre-seeding investment round for RenalProject. Renal Project secured undisclosed investment from JIIF and other marquee investors, including 100x VC, Gopi Latpate, Thapar Vision, and Angels. The RenalProject, a Mumbai-based healthcare startup, founded by Shashank Moddhia.…
Visa announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform. With the transaction complete, the combination of Visa and Pismo will provide clients with core banking and card-issuer processing capabilities across all product types via cloud native APIs. Pismo’s platform will also enable Visa to provide…
Fetcch, a Web3 payments and digital rewards infrastructure platform, announced that it has raised USD 1.5M in pre-seed funding, led by AppWorks Venture and Hashkey Capital with participation from LD Capital, Compute Ventures, M6 and GravityX Capital, NGC. Fetcch provides a seamless infrastructure for digital payments and rewards platforms especially for the Web3 payments ecosystem with…
Parse Biosciences, a leading provider of accessible and scalable single cell sequencing solutions, announced it has acquired data analysis software company Biomage. With the acquisition, customers will have access to a richer suite of single cell data analysis tools through an intuitive interface. By pairing Biomage’s powerful data analysis tools with Parse’s Evercode combinatorial barcoding technology,…
Wow! Momo has raised Rs 410 crore from Khazanah Nasional Berhad and Oaks Capital Management with a valuation of over Rs 2,400 crore for the company, according to TOI report. The fundraising including both primary as well as secondary infusion will give partial exit to some present investors—Light House Funds and Indian Angel Network. According…
Thomson Reuters Corporation (Thomson Reuters) a global content and technology company, has announced the acquisition of approximately 53.81 per cent of the shares in Pagero Group AB (Pagero) from key shareholders, including Summa Equity, Pagero’s CEO Bengt Nilsson, as well as several members of the management team and employees, making Thomson Reuters the majority shareholder in…
Vervotech, a top accommodation data management company, announced the establishment of a new office in Dawadi, Rajgurunagar Village. The move comes after the company recently shifted its headquarters to a brand-new state-of-the-art office at Amar Tech Centre, Viman Nagar, Pune, a statement said. The strategic initiative aims to address location barriers for talented individuals beyond metros…