ShareChat, a Bengaluru-based social media company, announced that it has acquired HPF Films, a video production company specialised in digital content. Financial details of the acquisition were not disclosed. ShareChat said the acquisition will help ShareChat’s main app and video app Moj to strengthen their efforts towards building a better content ecosystem, establishing a stronger…
ACKO, a Bengaluru-based insurtech company which makes buying and using insurance effortlessly, announced it has raised $60 million in a funding round led by Munich Re Ventures. Existing investors Amazon, RPS Ventures, and Intact Ventures Inc, which is the corporate venture arm of Canada’s largest property and casualty insurer, also participated in the funding round. …
Foxy parent EkAnek Networks, a startup focussed on beauty, grooming and personal care, announced it has raised Rs 40 crore funding led by Alpha Wave Incubation. Existing investors Sequoia Capital India, Lightspeed India, and Matrix Partners India also participated in the funding round. The company will use the funding to expand its presence to Abu…
Observe.ai, a San Francisco-based startup developing AI-based transcription and analytics software for call centres, announced it has raised $54 million in a Series B funding round. The funding round was led by Menlo Ventures, along with participation from Next 47 Ventures and NGP Capital. The company will use the funding to bulk up its R&D…
Zimyo, the Gurugram-based employee experience platform that empowers organizations to manage and retain great talent, announced that it has raised $1.5 million in a seed funding round led by BEENEXT. Other investors such as AngelList, YAN (Yatra Angel Network), and angel investors like Abhishant Pant (Founder, The FinTech Meetup), Navin Surya (Chairman, FinTech Convergence Council),…
The Moms Co, a Gurugram-based startup that provides baby care products and self care products for mothers, announced it has raised $8 million in funding from Saama Capital and DSG Consumer Partners. Till now, the startup has raised $10 million in funding. Other investors that participated in the funding round are Shripad Nadkarni, an early…
Cashkaro, one of India’s Largest Cashback & Coupons sites based in Gurugram, announced it has raised $10 million in Series B funding round. The funding is led by Korea Investment Partners (KIP) and existing investor Kalaari Capital, as per ETtech report. The company said it will spend 5X the usual marketing budget in the next…
GoDaddy, the company that empowers everyday entrepreneurs, announced it has entered into a definitive agreement to acquire SkyVerge, a leading WooCommerce product developer. Financial details of the transaction were not disclosed. Post acquisition, all SkyVerge employees, including its co-founders and leadership team, will join GoDaddy, the company said. GoDaddy is committed to helping entrepreneurs succeed…
Dream Sports, the parent firm of fantasy sports app Dream11, announced it has raised $225 million in a primary and secondary investment led by Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital, and Footpath Ventures, as per a media report. Dream11 is the flagship brand of Dream Sports, which also has brands like FanCode, a…
Medefer, the U.K.-based virtual healthcare provider, announced it has raised £10 million in new funding led by Nickleby Capital, a private investment firm. The funding will be used to grow the team and invest in technology to “service new contracts, enable new product development and ensure scalable and robust growth”. Founded in 2013 by NHS…
Cub McPaws, a Mumbai-based Augmented Reality startup, announced it has raised $800K in a Pre-Series A funding led by a Dubai-based global family office, as per YourStory report. Angel investors that participated in the funding round are Takayuki Sugiura, CEO of Circus Capital; Daisuke Takagi, Executive Director at UBS; Motoko Tanabe, Founder of HMF Corporation;…
NVIDIA and SoftBank Group Corp (SBG) announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion. The combination brings together NVIDIA’s leading AI computing platform with Arm’s vast ecosystem to create the premier computing company for the age of artificial…
Infosys, a global leader in next-generation digital services and consulting, announced a definitive agreement to acquire GuideVision, one of the largest ServiceNow Elite Partners in Europe. GuideVision is an award winning enterprise service management consultancy specialised in offering strategic advisory, consulting, implementations, training and support on the ServiceNow platform. GuideVision’s end-to-end offerings, including SnowMirror –…
Britive, the California-based provider of cloud-native security solutions for the most demanding cloud-forward enterprises, announced that it has raised $5.4 million in late seed funding led by Upfront Ventures. Kara Nortman, Partner at Upfront Ventures, joins the Britive board in conjunction with the investment. Co-investors in the round include venture firms OneWay and SmartGate, Andrew…
Tekscan, the Virginia-based manufacturer of flexible, ultra-thin sensors and systems, announced it has been acquired by Artemis Capital Partners, a Boston-based private equity firm focused exclusively on partnering with differentiated industrial technology companies. Founded in 1987, Tekscan has been at the forefront in the research and development of ultra-thin force and pressure sensing technology to…