Mitratech, a global provider of legal and compliance software, announced its acquisition of Tracker Corp, the foremost provider of SaaS I-9, E-Verify, and immigration management solutions. “This will uniquely equip Mitratech to help organizations overcome the challenges of increased government scrutiny, remote workforces, inefficient immigration management, and painful and costly manual staffing processes,” the Company…
Golden West Food Group and Cooks Venture – a vertically integrated food company re-envisioning the future of agriculture, announced the closing of a $10 million Series A investment. Earlier this year, Golden West Food Group led a $4 million investment for the regenerative agriculture start-up expanding its distribution nationwide. “I have been in the industry…
Delightree, a San Francisco and Delhi-based workflow automation app for businesses, announced that it has raised $3 million in seed funding round from Accel Partners, Emergent Ventures, Brainstorm Ventures, Axilor Ventures, and Alchemist Accelerator, according to the YourStory report. The company will utilise the current financing to win new clients. Founded in 2019 by Madhulika…
IIFL, India’s leading integrated financial services group, announced that IIFL Seed Ventures Fund II has invested Rs 50 crore in men’s grooming startup Happily Unmarried Marketing, which sells products online under the brand name of Ustraa. Post this funding, Happily Unmarried Marketing is valued at around Rs 220 crore. IIFL Seed Ventures Fund II, which…
ABB, one the leading suppliers of robot, robot systems and machine & factory automation solutions, announced that it has opened a new facility in Bengaluru. Spread over 3,600 sq.m at the ABB Nelamangala factory premises in Bengaluru, the new facility will enable ABB India to deliver robotic applications and digital solutions for a variety of…
3Cloud, a Microsoft Azure services firm, announced that it has acquired Applied Cloud Systems, an award-winning Microsoft consultancy that helps customers adopt and leverage Microsoft cloud technologies. “3Cloud was founded with the mission to deliver the ultimate Azure experience for our clients and the vision to be the leading Microsoft Azure partner. Our acquisition of…
IntelliMedia Networks, a provider of streaming media distribution and immersive training technology, announced that it has acquired GlobalMLX, a Canadian supply-chain security training and certification consulting firm for an undisclosed amount. GlobalMLX is a US Homeland Security recognized consultant providing industry-leading anti-terrorism supply-chain training and certification for cargo transport to the United States. “This acquisition…
Biocon Ltd, an innovation-led global biopharmaceuticals company, announced that the Board of its subsidiary Biocon Biologics India Limited (Biocon Biologics) has approved a primary equity investment by Tata Capital Growth Fund. As per the terms of the proposed agreement, Tata Capital will invest Rs 225 Crore for a 0.85% minority stake in the biosimilar business,…
IPHM Services announced that it has raised a seed round of funding from India Angel Fund. The seed funding is led by Monaliesa Sarkar, Jyoti Tiwari, Koel Dutta, Sabana Khatoon, Dr. Vikaas Grover and Rahul Narvekar. Founded by Dr. Sachin Bhavsar, IPHM Services (Integrated Personalized Healthcare Management), helps design programs and workshops for the psychological…
Firescore Interactive, a Mumbai-based game development studio, announced that it has raised $500,000 funding led by CrazyLabs, according to the YourStory report. The company will utilise the funds infusion to launch the first-ever Hyper Casual Gaming Hub in India for game studios around the world. The innovative games accelerator, branded as the CrazyHub, is located…
VilCart, a Bengaluru-based tech startup that enables retailers in villages and small towns to order consumer goods digitally, announced that it has raised bridge funding from new and existing investors. Investors that took part in the funding round include N S Parthasarathy, ex-COO and Co-founder of Mindtree; Dilipkumar Khandelwal, Managing Director and Global Head of…
Wellcure, a Gurugram-based healthtech startup, announced that it has raised $200,000 from Inflection Point Ventures (IPV). The startup provides a platform where people can share & empower each other’s health journey. Founded by Sumeet Kapur, Ankur Bhatia and Aanchal Kapur, Wellcure caters to all health and wellness needs — physical and mental — with an…
UST Global, a digital transformation solutions company, announced a strategic investment in Smart Software Testing Solutions (SSTS) Inc, a software testing and product company. Founded with a mission to create intelligent testing platforms for new age systems, the US-based company helps FORTUNE 1000 enterprises adopt continuous digital validation through its SaaS platforms pCloudy and OpKey.…
boostr, the leading omnichannel CRM and Order Management platform designed for Media & Advertising companies, announced the closing of $7 million Series A funding led by Vocap Partners. Other investors that participated in the funding round include Bertelsmann Digital Media Investments (BDMI), Math Capital, and C2 Ventures. The Company will use the funds from this…
Cognizant announced it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial details were not disclosed. The acquisition of New Signature expands Cognizant’s…