Category: Investment

Bengaluru-based edtech startup Centa raises $1 mn funding

Centa, a teacher accreditation-linked edtech startup, said it has raised $1 million from a clutch of 30 angel investors including JP Morgan India chairman Leo Puri, Medanta Group of Hospitals chief Pankaj Sahni, AZB & Partners founding partner Bahram Vakil and ICICI private equity director Nikhil Mohta, according to ETtech report. In the past, the…

HALIO raises $70M from Korea’s SKC, appoints Doug Schendt as new CEO

HALIO, designer of the world’s fastest, most beautiful, eco-friendly, and technologically advanced electrochromic (smart) glass, and SKC Ltd., a leading company in the ESG Materials Solution industry based in South Korea, announced that HALIO has raised up to $70M in funding from SKC to further market and develop the industry’s next generation of smart glass technology,…

Chase Corporation announces completion of acquisition by KKR and welcomes Lance Reisman as Chairman Of the Board

Chase Corporation (Chase), a leading global manufacturer of protective materials for high-reliability applications across diverse market sectors, announced the successful completion of its acquisition by affiliates of KKR, a leading global investment firm, for $127.50 per share. “Today represents an important milestone for Chase in our journey to better serve our customers through strategic growth…

Bengaluru-based Inito raises $6 mn funding round led by Fireside Ventures

Medical technology startup Inito said it has raised $6 million in a Series A funding round led by Fireside Ventures, according to ETtech report. The company, launched in 2015, helps women track fertility hormones and provides personalised analytics on reproductive health through its flagship product, the Fertility Monitor. Inito’s technology uses a combination of hardware,…

Accenture invests in Vū Technologies

Accenture has invested in Vū Technologies, a technology company specialized in virtual production and filmmaking. Vū helps companies create immersive, engaging experiences through a combination of real-time computer-generated imagery and live-action filming. Vū has established a vast network of virtual studios across North America, producing memorable immersive environments and stunning visual effects for companies including Amazon,…

Silverflow’s innovative cloud-based payments processing platform raises €15 mn investment led by Global Paytech Ventures

Silverflow, a cutting-edge payment processing technology company, has secured a €15 Million investment led by industry veterans and payments experts at Global Paytech Ventures. Picus Capital, Coatue, Crane Venture Partners, Inkef, and several angel investors also participated with a valuation substantially higher than Series A in 2021. The investment will be used to fast-track Silverflow’s…

Mondee acquires AI company Purplegrids

Mondee Holdings, Inc. (Mondee), the high-growth, travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, has announced its acquisition of Purplegrids, a Silicon Valley based, cutting-edge AI company founded in 2017. This acquisition strengthens Mondee’s tech capabilities and showcases its commitment to vertically integrate AI across…

Accenture announces acquisition of Solnet

Accenture has agreed to acquire Solnet, an IT services provider with deep technology consulting experience for New Zealand government and private organizations across multiple industries.  With headquarters in Wellington, New Zealand, Solnet’s team of more than 100 technologists will join Accenture. Solnet’s services and solutions will bolster Accenture’s local cloud and infrastructure engineering offerings, helping clients…

Breathe ESG raises Rs 2.6 cr in funding led by 100X.VC

Breathe ESG, a startup offering enterprises SaaS (software as a service) solutions for sustainability management, has raised USD 315,000 (about Rs 2.61 crore) in a funding round led by 100X.VC, according to PTI report. The capital raise was part of a pre-seed funding round. Announcing that Breathe ESG has raised USD 315,000 in pre-seed funding…

Cyble completes expanded Series B funding round

Cybersecurity company Cyble announced the successful completion of its Series B funding round, securing an additional $6.2 million. In July, Cyble had secured $24 million in the initial tranche of its Series B funding. With this latest investment, the company has officially closed the entire funding round at $30.2 million. Summit Peak Ventures (US) and King River Capital (US) spearheaded this funding…

Goldman Sachs leads new funding for blockchain payments firm Fnality

Fnality, a blockchain-based wholesale payments firm, said it has raised 77.7 million pounds ($95.09 million) in a second round of funding backed by Goldman Sachs and other blue chip financial firms as it awaits Bank of England approval to start operations, according to Reuters report. UK-based Fnality seeks to bridge the gap between mainstream and…

IQAX announces investment in BoxPlus

IQAX Ltd., an innovative developer of technology solutions for shipping and logistics based in Hong Kong, announced an investment into BoxPlus Information Technology Company Ltd., a provider of Internet of Things (IoT) solutions, as part of an effort to support the fast-growing reefer market with IBOX Reefer. IQAX invested in BoxPlus, becoming a shareholder in the Shanghai-based developer…

ELEMENT EIGHT closes $6M in SAFE funding, appoints Jake Galtere and Kristi McCluer as CMO and VP Global Sales and Education

ELEMENT EIGHT, a premium brand bringing the cutting-edge advances of biomedicine to skincare through its proprietary OATH: Oxygen Amplified Therapy, announced that it has closed $6M in funding in a SAFE round. The brand reported $2.5M of investment from its existing investors, and was able to attract an additional $3.5M from new investors. “With forty five percent of the round coming…

IMCD India to acquire two business lines from CJ Shah & Company

IMCD N.V. (IMCD), a global leading distribution partner, and formulator of speciality chemicals and ingredients, announced that IMCD India has signed an agreement to acquire two business lines from CJ Shah & Company for Cellulose Acetate Butyrate, Coalescing Agent, Polyolefin Polymers, and other chemicals primarily for Paints, Coatings, Adhesives and Lifesciences applications. With 20 employees,…

Boldyn Networks to acquire Cellnex’s private networks business unit

Boldyn Networks (Boldyn), one of the largest shared network infrastructure providers in the world, has agreed to acquire Cellnex’s private networks business unit. This largely includes EDZCOM, a Finnish pioneer and European market leader that designs, builds, and operates private 4G and 5G networks, predominantly for industrial clients in manufacturing, ports, oil and gas, energy generation,…