Direct-to-consumer fashion jewellery brand Salty has raised Rs 5 crore in a funding round led by All in Capital and Anicut Capital, according to ETtech report. Other strategic investors who participated were Suashish Diamonds, JK Group, among other angel investors. Founded in 2022 by Sonaal Goel, Twishaa Gupta, and Kanishka Garg, Salty targets the younger…
Belden Inc., a leading global supplier of network infrastructure and digitization solutions, has marked a significant milestone in its operations in India with the groundbreaking ceremony of expansion of their manufacturing facility in Chakan, Pune. This expansion adds to the existing footprint by 19,000 square meters and represents a substantial investment of approximately $40M (INR…
Tata Consumer Products announced that it has signed definitive agreements to acquire 100% equity shares of Capital Foods, owner of the brands ‘Ching’s Secret’ and ‘Smith & Jones’, in a phased manner. 75% of the equity shareholding will be acquired upfront and the balance 25% shareholding will be acquired within the next three years. This…
Belden Inc., a leading global supplier of network infrastructure and digitization solutions, today inaugurated its fifth Customer Innovation Center (CIC) in Bengaluru, India. The new CIC will serve as a strategic hub for co- innovation, bringing together customers, partners and Belden experts to develop, test and validate industry-leading solutions that address the unique challenges of…
Infosys, a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire InSemi, a leading semiconductor design and embedded services provider. This strategic investment further strengthens Infosys’ Engineering R&D capabilities and demonstrates its continued commitment to co-create with global clients to help them navigate their digital transformation journey, a statement…
Accenture has entered into an agreement to acquire Navisite, a digital transformation and managed services provider. The addition of Navisite will 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 terms of the acquisition from private equity investment firm Madison Dearborn…
Vertiv, a global provider of critical digital infrastructure and continuity solutions, has inaugurated a new manufacturing facility in Chakan, Pune, to meet the surging demand for data centers and supporting infrastructure solutions in India. Complementing Vertiv’s existing manufacturing facilities in Ambernath and Pune, the new plant manufactures thermal management products and solutions tailored for data centers, telecom, commercial…
Marlabs LLC., a digital solutions company, announced that it has acquired Indianapolis-based Onebridge to accelerate its growth in AI and data analytics space. “Marlabs is thrilled to welcome the Onebridge team into the Marlabs family and is excited about the potential the company brings in the AI and data analytics space. Our businesses are highly complementary,…
FlexifyMe, a trailblazing Chronic Pain Management Platform, closed its Seed funding round, securing INR 10 Crore from leading investors IvyCap Ventures and Flipkart Ventures. The round witnessed active participation from other esteemed investors, including GSF, Chandigarh Angels, Venture Catalyst, and Ah Ventures. The company plans to strategically direct these funds to revolutionize chronic pain management,…
Cleo, the U.S.-based pioneer and global leader of the Ecosystem Integration software category and provider of the Cleo Integration Cloud (CIC) platform, announced the opening of a new, larger office in Bangalore, India to accommodate current business and support global growth with 24×7 product innovation and coverage for customer delivery and support. Located in Bangalore’s Central Business…
Toshihiro Suzuki, the President of Suzuki Motor Corporation (SMC), announced two major investments in the state of Gujarat. In the first one, Maruti Suzuki India Ltd has reached an understanding with the State of Gujarat for construction of a new automobile production plant. This new plant in Gujarat is aimed to start operation in FY2028-29.…
Glamplus, a SaaS enabled B2B Beauty Marketplace has raised appprox 16.5cr in a pre-series A round from Upsparks Capital, Eagle10 Ventures, ITI Growth Opportunities Fund and Inflection Point Ventures. The round also saw participation from Kube VC and other marquee investors including Gopal Krishna Varshney and IR capital partners. The funds will be directed towards B2B…
Accenture has agreed to acquire 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, a…
Vortexa, the leading real-time global analytics platform for energy and freight markets, announced the successful completion of its $34 million Series C funding round. Investment funds managed by Morgan Stanley Expansion Capital spearheaded the funding, with strong participation from existing investors Notion Capital, Monashees, Metaplanet, FJ Labs and Communitas Capital. The investment, which brings the…
Insurtech startup Riskcovry has raised around $4.5 million in a bridge round of funding led by Dubai-based business-to-business fund Morphosis Venture Capital, according to ETtech report. Indian financial services player IIFL also participated in this round, a statement said. The round has a small secondary component which offered liquidity to some of its employees and…