Lummus Technology, a global leader in the development and implementation of process technologies that make modern life possible, announced that Haldia Petrochemicals Limited, the flagship company of The Chatterjee Group (TCG), and investment funds affiliated with Rhône Capital have successfully completed the joint acquisition of Lummus from McDermott International. According to the terms of the…
Bharti Airtel, India’s largest integrated telecommunications operator, and Comfort Investments II, an affiliated entity of CAP V Mauritius Limited, an investment fund managed and advised by affiliated entities of The Carlyle Group, announced an agreement under which Comfort Investments II will invest $235 million in Nxtra Data Limited, a wholly owned subsidiary of Airtel engaged…
Automated data integration provider, Fivetran recently announced that it has raised $100mn in Series C financing, led by Andreessen Horowitz (a16z) and General Catalyst. The funding round also saw participation from existing investors CEAS Investments and Matrix Partners. The company said it will use the funding to accelerate global expansion, drive adoption in the enterprise…
Gurugram-based food delivery startup MOPP Foods Pvt. Ltd, which operates the brand Mad Over Parathas & Pakodas, recently announced that it has raised an undisclosed amount of angel funding. The funding round was led by Beer Cafe founder and CEO Rahul Singh. The funding round also saw participation from Samir Khurana (Advisor, AdvantEdge Founders VC),…
Emissary, an intelligence network dedicated to helping sales teams accelerate deals, announced that it has raised $6.3 million funding led by G20 Ventures. Other investors that took part in the funding round include PBJ Capital, Converge, and Castor Ventures. “Seeking funding in today’s uncertain market was certainly interesting,” said Emissary’s CEO, Allen Mueller. “Given the…
Los Angeles-based digital commerce solution provider, Scalefast recently announced that it has raised $22mn in Series B funding round. The company plans to use this funding to expand its team, footprint and product offering to further support existing and new customers. The funding round saw participation from Xplorer Capital, Stereo Capital, FJLabs, as well as…
As the coronavirus pandemic has altered the ways recruiting was done by companies, Human Resources-based tech platforms are on a steady rise. HR tech platforms and services have recently become the new talk of the town in the startup ecosystem. Recently, Seattle-based HR tech platform Humanly announced that it has raised about $800,000 from several…
Canada-based all-in-one HR platform Humi recently announced that it has raised CAD$15mn in Series A funding round. The platform provides small to medium-sized businesses with HR, payroll, and benefits solutions. The company raised the funding in both equity and debt. The funding round was led by early-stage venture capital firm Tribe Capital. Tribe has also…
MOPP Foods, a food delivery startup focused on popular Indian street food, Parathas & Pakodas, announced that it has raised angel funding. The current round of funding has been led by Rahul Singh (Founder & CEO, The Beer Café). Others investors that took part in the funding round include Samir Khurana (Advisor, AdvantEdge Founders VC),…
Tosca, an innovator in reusable packaging and supply chain solutions, announced that it has agreed to acquire Contraload NV, a leader in plastic pallet pooling in the United Kingdom and European Union. The acquisition of Contraload will expand Tosca’s geographic reach and increase its product portfolio. The combined company will offer customers a stronger value…
Vancouver-based marketing analytics platform StrategyBox recently announced that it has closed a $2mn seed funding round. The funding round was led by London-based early and growth-stage investor Fuel Ventures. With the new capital, the company plans to support 50+ additional marketing and advertising platforms. As well as adding radio attribution – the ability to show…
GetMyUni, a Times Internet-backed ed-tech start-up revolutionizing the college admissions space in India, announced that it has acquired online learning startup Avagmah from AEON Learning in an all-cash deal on June 18, 2020, according to a YourStory report. Post acquisition, GetMyUni will be using its existing distribution of a 40 million annual user base and…
Nextbillion.ai, a startup that offers a wide range of AI-powered hyperlocal solutions, from business mapping to data management, announced that it has raised $7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital. The company said that it will utilise the current financing to grow its team, product and R&D…
FlyForm, a UK-based Elite ServiceNow partner, announced that it has received a growth capital investment from Lloyds Bank, in partnership with Izy Capital as Lead Advisor. With this investment, FlyForm will continue to consolidate its position as the leading ServiceNow consultancy firm, before expanding into complementary market spaces, ultimately targeting annual revenue of £1 billion…
Inflection Point Ventures, an early stage angel investing platform, announced that it has invested an undisclosed amount of funding in snacking startup Samosa Party, according to a YourStory report. The company will utilise the current financing to scale, and open cloud kitchens across Bengaluru and other Tier-I cities. Samosa Party said it will also use…