Epsilon Advanced Materials (EAM), India’s leading battery materials company, announced, alongside N.C. Governor Roy Cooper at Brunswick County Community College, plans to build a $650 million graphite anode manufacturing facility in Brunswick County of North Carolina. The facility is the first and largest Indian investment in the U.S. electric vehicle (EV) battery industry. “We’re proud…
IT giant Accenture has acquired Comtech Group, a consulting and program management company for infrastructure projects in Canada and the United States. Terms of the deal were not disclosed. Comtech Group was founded in 1994 and is headquartered in Toronto. Its clients are transportation, infrastructure, industrial manufacturing, building, and power and utility companies in the public and…
Clinisupplies Limited (Clinisupplies), a leading manufacturer and supplier of continence care consumables, announced the acquisition of the Aquaflush transanal irrigation (TAI) business from Renew Medical Inc. and Renew Medical UK Limited, a US and UK manufacturer of continence products (together “Renew”). The acquisition of the Aquaflush TAI range will enable Clinisupplies to expand its offering to include bowel management products, while also supporting…
The Indian Garage Co (TGIC), a fashion brand, has raised Rs 155 crore from Tmrw, a house of brands venture from the Aditya Birla Group, the two companies said in a press release on October 25. The funds will be used to expand sales channels, including D2C, and enter new categories. The money will also…
Accenture has agreed to acquire ConcentricLife, a leading healthcare marketing agency with expertise in helping Life Sciences brands build an optimal brand experience at any stage of the health journey. The agreement to acquire ConcentricLife, which is a subsidiary of Stagwell, reinforces Accenture Song’s continued investment in creating end-to-end solutions for its Life Sciences clients through relevant…
Legacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based venture firm Carpediem Capital, with participation from Param Capital and P3 Venture Fund, according to ETtech report. The Mumbai-headquartered firm, which sells footwear across gender and price categories, operates 74 stores of…
KKR, a global investment firm, announced that it has agreed to invest in Precipart, a leading contract manufacturer of precision components for the medical device and aerospace industries. KKR plans to support the Company in its continued growth organically and through M&A. Financial terms were not disclosed, a statement said. Founded in 1950 by the…
Accenture has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms were not disclosed. Founded in Mexico City in 2012, MNEMO Mexico has 229 cybersecurity professionals and 180 cybersecurity industry certifications with key ecosystem partners. The company’s portfolio includes advanced cyber defense and response capabilities, a cyber intelligence platform powered…
Hindustan Foods Limited (HFL), a diversified FMCG contract manufacturer, announced the acquisition of KNS Shoetech Private Limited (KNS Shoetech). According to the company’s exchange filing, “With regard to the captioned matter and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, please be informed that…
Airwallex, a global payments and financial platform for modern businesses, announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions. This acquisition will enable Airwallex to expand its financial infrastructure into…
KKR, a global investment firm, today announced the final close of KKR Next Generation Technology Growth Fund III (NGT III), an approximately $3 billion fund focused on investing in leading growth technology companies across North America, Europe and Israel. NGT III is the successor to the firm’s NGT I and NGT II growth funds. It continues KKR’s strategy of supporting high-growth…
Welcome Cure has raised over 4 Crores in pre-Series A round led by Inflection Point Ventures (IPV). The funds will be utilized for growth, including talent acquisition, technology enhancement, and marketing initiatives. IPV has led the round and Welcome Cure is looking at raising over 16 crores in this on-going funding round, according to the…
AXISCADES Technologies Ltd., a leading end-to-end engineering and technology solutions provider, announced the opening of its Engineering Design Centre (EDC) in Saltney, the United Kingdom. The newly established facility’s strength is its carefully selected strategic location, which is designed to serve the long-term requirements of the aerospace industry and various promising business opportunities in the…
Accenture has acquired ON Service GROUP, a leading provider of business process services, specialized in insurance operations. Terms of the transaction were not disclosed. Acquiring ON Service GROUP enhances Accenture’s capabilities in insurance operations, expanding the range of services available to clients in Germany for insurance business processes such as sales and policy administration. The acquisition strengthens…
KKR, a global investment firm, announced an agreement to invest in Catalio Capital Management, LP, a multi-strategy investment firm focused on breakthrough biomedical technology and innovative health care companies. The addition of new capital is expected to accelerate Catalio’s growth trajectory and talent acquisition, as well as anchor its investment strategies. Pursuant to the agreement, KKR…