ManyChat, a San Francisco-based chat marketing platform, announced that it has acquired Converlytics, which enables businesses to track, analyze, and quantify valuable attribution analytics connecting Facebook Messenger to Shopify. Post acquisition, ManyChat Pro users can have access to more robust analytics at no additional charge, enabling them to pinpoint marketing dollars to specific campaigns. “As…
Eros International, a global Indian entertainment company and STX Filmworks, Inc., a global next generation media company, announced that they had entered into a definitive stock-for-stock merger agreement to create the first publicly traded, independent content and distribution company with global reach and unique positions in the United States, India and China. The combined company…
TVS Motor Company, an Indian-multinational motorcycle company, has announced the acquisition of Britain’s iconic sporting motorcycle Norton in an all-cash deal for 16 million pounds (about Rs 153 crore). TVS Motor will acquire certain assets of Norton Motorcycles UK Ltd through one of its overseas subsidiaries. “The deal will reflect TVS Motor Company’s and India’s…
upGrad, an online higher education platform, has earmarked Rs 50 crore for acquiring two-three peers during the current fiscal, the company said to the PTI. However, the company did not disclose the name of the companies that it plans to acquire. “We are in active discussions. There are some interesting opportunities in these times and…
Infineon Technologies AG announced the closing of the acquisition of Cypress Semiconductor Corporation. The San José-based company has become part of Infineon effective as of the closing. “The acquisition of Cypress is a landmark step in Infineon’s strategic development,” said Infineon CEO Reinhard Ploss. “Together, we offer our customers the industry’s most comprehensive portfolio for…
Stripe, a U.S. fintech startup, has said it has raised $600 million as companies that are providing financial and payment services via online are witnessing a surge in these times due to the coronavirus pandemic. “The pandemic is accelerating the trend as more customers look to pay without contact and use banking services without stepping…
Yellow Messenger, a Bengaluru-based conversational AI platform, announced that it has raised $20 million in Series B funding from Lightspeed Venture Partners and Lightspeed India Partners. Yellow Messenger will use the funds to expand globally and strengthen its multi-lingual voice bot platform. “This investment will help us scale operations to Europe, US and Latin America,…
Online real estate rental platform NoBroker.com recently announced that it has raised $30million in Series D funding round by General Atlantic. Reportedly, this is the third investment by the Singapore-based Venture Capitalist firm in the startup. The company said this is an extension of its Series D funding, as part of which it had raised…
dotin Inc., a Silicon Valley-based startup has announced another round of seed funding from two investment firms Qu Ventures and Arka Venture Labs. The company will use the current financing round to further its product development and growth, widening the scope of its offerings. “Our AI-generated insights help recruiters and employers gain a deeper understanding…
Silicon Valley-based venture capital firm Mayfield recently announced that it has raised $750 million in capital through two venture capital funds. With the closure of the new funds, the firm currently has assets over $2.5 billion under its management. The new funds are Mayfield XVI ($475million) and Mayfield Select II ($275million). The firm said that…
Google has announced recently that the company will be offering financial support to local newsrooms hit by the economic fallout of the COVID-19 pandemic, as part of its Google News Initiative. The company, however, did not disclose the size of the funding it would offer through the relief fund. The company made the announcement in…
Toch, a video meta-tagging platform has announced that it has raised over $400,000 from Inflection Point Ventures (IPV) in a pre-Series A funding round. The company will use the funds to fuel expansion by developing its tech infrastructure, and add more people to its team. “Toch was founded with a vision to revolutionise the digital…
Setu, a Bengaluru-based fintech API infrastructure startup, announced it has raised $15 million Series A funding led by New York-based investment firm Falcon Edge Capital and Lightspeed Venture Partners US, the company announced recently. The company’s existing investors—Lightspeed India Partners and Bharat Inclusion Seed Fund—also participated in the new financing round, Nikhil Kumar, co-founder of Setu,…
BIGO Ads, a part of BIGO Technology, which has an average of 350 million monthly active users across its platforms, is launching its mobile advertising solutions in India. BIGO Ads, from BIGO Technology, is an ads platform, providing mobile marketing solutions globally. Covering more than 150 countries, BIGO Ads integrates mobile marketing solutions into imo,…
ShapeShift, one of the world’s leading self-custody crypto platforms, announced the acquisition of Portis, an Israeli startup and noncustodial software wallet solution. With this acquisition, all ShapeShift Platform users will soon be able to log into and access these DeFi services seamlessly, under one account. The DeFi users will, similarly, now be able to instantly…