Accenture has acquired Ocelot Consulting, a cloud consultancy specializing in full-stack development, data engineering, data science, and strategy and execution for cloud modernization. The addition of Ocelot Consulting expands Accenture’s Amazon Web Services (AWS) engineering skills in the Midwest to help clients in North America accelerate cloud transformation—including making cloud the data backbone of the enterprise…
Rocket Software, Inc. (Rocket Software), a global technology leader driving modernization for the world’s largest companies, announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText, which was formerly part of Micro Focus. The total purchase price is $2.275B. For decades, Rocket Software has been the partner solving complex…
Accenture has acquired Incapsulate, a leading digital transformation consulting firm that specializes in Salesforce solutions. Financial terms of the transaction were not disclosed. Founded in 2008, Incapsulate designs and implements Salesforce solutions for organizations in the public sector and financial services industries. As a Salesforce Platinum Consulting partner, Incapsulate fortifies Accenture’s Salesforce capabilities, which focus…
Accenture has agreed to acquire Ammagamma, an Italy-based firm that helps companies advance their uses of AI and generative AI technologies. The transaction is part of Accenture’s investment of $3 billion to accelerate clients’ transformation through the large-scale application of AI. Ammagamma has a multidisciplinary team consisting of 90 experienced AI professionals, many specializing in…
PhiCommerce, a SaaS-based omnichannel payment solutions provider, has raised $10 million in a new funding round, according to ETtech report. The round was led by Beenext, a Singapore-based venture capital firm that invests in India and Southeast Asia. Opus Ventures also participated in the round. The funds will be used to drive PhiCommerce’s expansion into…
Software company Idun has developed ProptechOS, an operating system for building data, in close collaboration with key players in the real estate industry, notably with Vasakronan as a key client and investor. Idun is now entering its next phase, and today announced the closure of a round of funding led by Software-as-a-Service investor Partinc. ProptechOS…
KKR, a global investment firm, announced that investment funds managed by KKR have acquired Potter Global Technologies (Potter), a leading manufacturer of fire and life safety equipment, from Gryphon Investors. KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed. Headquartered in St. Louis, Missouri, Potter is…
Regional-dialect OTT platform Stage said that Neeraj Chopra, the Olympic and world champion in men’s javelin throw, has become one of its investors, according to ETtech report. “My investment in Stage represents more than just a desire to rekindle the flames of our diverse regional dialects. We will embark on a journey together to reawaken…
FirstUp, which is Chhattisgarh’s largest coworking space with 250+ operational seats and an occupancy of 70% plus, has just raised its seed round of Rs. 2 crores at a valuation of Rs. 20 Crores from a bunch of angel investors from India Angel Fund. Karan was attending the CHESS Startup event at Rungta College Bhilai and took the initiative to approach Rahul…
MobileDrive, a joint venture between Stellantis, one of the world’s leading automakers mobility providers, and Foxconn, the world’s largest electronics manufacturer and leading technological solutions provider, has opened a new research and development centre in Bengaluru, India. The new Bengaluru research and development centre is the third R&D centre MobileDrive has opened and is in a key location for…
Former Indian cricket team captain Mahendra Singh Dhoni has invested in Bengaluru-based fitness startup Tagda Raho, according to ETtech report. The startup, however, did not disclose the size of the investment or the company’s valuation. Tagda Raho has training centres in Bangalore and is set to launch another in Maharashtra next month, it said in…
Munch, a leading AI-powered automation platform for social media, announced their $7.2 million seed funding round. The round was led by A* Capital, supported by Liquid2 and Pre-Seed investors Cardumen Capital and Remagine Ventures. The investment will be focused toward company growth, increasing its reach into new global markets and expanding its offering to enterprises. Additionally, the funds will be allocated to further develop…
Boehringer Ingelheim announced the acquisition of privately-held T3 Pharmaceuticals AG (“T3 Pharma”), a clinical stage Swiss biotech company, for an amount of up to 450 million CHF. T3 Pharma has developed a proprietary therapy platform that uses live bacteria to deliver immune-modulating proteins to cancer cells and tumor micro-environments, a statement said. Despite the significant…
Indian-owned Hexaware Technologies, a global provider of IT and digital solutions, has marked the next phase of its UK expansion by opening a new Birmingham-based facility, with plans to create 250 jobs. The facility at 3, Brindleyplace was officially opened by West Midlands Mayor, Andy Street, who took part in a ribbon cutting and traditional…
Beauty brand Conscious Chemist has raised an undisclosed amount from Inflection Point Ventures. Funds will primarily be directed towards expanding product categories, strengthening brand presence through marketing, and establishing offline retail locations/stores, as per the statement. Founded in 2019 by Robin Gupta and Prakher Mathur, Conscious Chemist is a science-backed beauty brand with a mission to…