VOOHOO live, the all-encompassing Live Streaming application designed to transform the way creators connect with their audience and build their brand, announced its expansion into seven dynamic countries: Singapore, Malaysia, Thailand, Taiwan, Bangladesh, Indonesia, and UAE. Through strategic growth, VOOHOO live moves closer to realizing its vision of revolutionizing live streaming ecosystem and creating platforms…
Wego, the largest online travel marketplace in the Middle East and North Africa (MENA) acquired Travelstop, a revolutionary platform that simplifies business travel and expense management for companies globally. This strategic move will expand Wego’s reach into business travel and expense management, a statement said. The acquisition will also empower Travelstop to tap into Wego’s regional network and leverage…
Bacardi Limited, the largest privately held international spirits company in the world, announced the completion of a transaction that makes the family-owned company the sole owner of ILEGAL Mezcal, a leading super premium artisanal mezcal. The transaction follows a successful relationship in which Bacardi partnered with ILEGAL since 2015, a statement said. The super premium…
At this year’s World Satellite Business Week in Paris, Accenture announced an investment and collaboration with Open Cosmos, a space technology company that focuses on the design, manufacturing and integration of satellites. Open Cosmos builds and operates space missions, providing access to high quality satellite data and insights on a global scale via a data services platform.…
Formi, which empowers retail businesses in managing customer experiences, has announced its pre-seed funding round from Campus Fund. Funds will be used to enhance the tech platform and further expand its network of businesses catering to retail customers. Founded by Anirudh Arun and later joined by Aryamann Ningombam, Harshavardhan Reddy (from Manipal Institute of Technology), and…
NVIDIA announced an extensive collaboration with Tata Group to deliver AI computing infrastructure and platforms for developing AI solutions. The collaboration will bring state-of-the-art AI capabilities within reach to thousands of organizations, businesses and AI researchers, and hundreds of startups in India, a statement said. The companies will work together to build an AI supercomputer…
SaaS company Exiger announced that it has signed an agreement with Capgemini, a leading business and technology transformation services company, for the sale of its market-leading Financial Crime Compliance (FCC) division. The transaction is due to close in the coming months. This comes at a time when Exiger is experiencing accelerated growth and penetration in the…
KKR, a global investment firm, announced that funds and accounts managed by its credit business have agreed to provide a £75 million non-recourse financing facility to TalkTalk, a leading value for money connectivity provider in the UK. The facility, which is collateralized by certain accounts receivables originated by TalkTalk and its subsidiaries, replaces a prior £75…
NIIT Learning Systems Limited [NIIT Managed Training Services (NIIT MTS)] announced that it has made a strategic investment in KIC InnoEnergy, SE (EIT InnoEnergy) – EIT InnoEnergy secures over €140 million in private placement round. With this investment, NIIT MTS joins the cap table as one of the new strategic investors in the private placement round…
KKR, a global investment firm, announced it is investing approximately $750m to scale Zenobē, a market leader in transport electrification and battery storage solutions, to accelerate the global decarbonisation of diesel fleets and provide grid services that are critical for the decarbonisation of the energy sector. Infracapital, the infrastructure equity investment arm of M&G Plc…
Encora, a global next-gen digital engineering services company, announced that it has closed the acquisition of Softelligence, a Romanian software engineering services provider. The acquisition, originally announced on May 16, 2023, establishes Encora’s first delivery centers in Europe and further enhances the company’s ability to deliver nearshore services to clients in the Americas, Asia, Australia and now Europe, as per the…
Accenture has acquired Nautilus Consulting, a leading digital healthcare consultancy in the U.K. that specializes in Electronic Patient Record (EPR) solutions. The acquisition will enhance Accenture’s digital transformation, implementation, and optimization capabilities across the U.K. and global healthcare space, a statement said. Nautilus joins Accenture’s Health Strategy & Consulting team in the U.K., bringing expertise in…
Abbott, a global healthcare leader, and Bigfoot Biomedical announced a definitive agreement for Abbott to acquire Bigfoot, a leader in developing smart insulin management systems for people with diabetes. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2023. Financial terms were not disclosed. Abbott and Bigfoot have worked together on connected…
Aptiv, a global technology company, announced the grand opening of a new state-of-the-art facility for its Technical Center in Pune, India. With a focus on developing safer, greener and more connected mobility solutions, the Aptiv Technical Center will play a pivotal role in shaping the future of mobility in India and around the world, a…
Facets.cloud, a self-serve infrastructure management platform, has raised $4 million in a seed funding round led by 3one4 Capital. The platform helps improve developer productivity by streamlining and productizing cloud deployment workflows. Facets was co-founded in 2021 by Anshul Sao, Pravanjan Choudhury, and Rohit Raveendran – all three are alumni of IIT-KGP. “Cloud delivery of products is an incidental complexity that…