Guardicore, a leader in internal data center and cloud security, announced the expansion of global operations, with the establishment of Guardicore Pvt. Ltd. in Mumbai, India. Guardicore India will be headed by Regional Director Pratik Raj Sharma, a cybersecurity industry veteran and former Regional Sales Director, Check Point, West India. “With a growing global customer…
ARA Asset Management Ltd and LOGOS Group have announced the completion of ARA’s acquisition of a majority stake in LOGOS via its logistics arm, ARA Logistics Partners Limited, joining existing shareholders, LOGOS’ founders and Ivanhoé Cambridge. LOGOS will operate as ARA’s exclusive platform for logistics assets globally, offering ARA’s investors a whole suite of products…
ADVANZ PHARMA Corp. Limited, a global pharmaceutical company focused on serving the needs of patients and healthcare providers around the world with enhanced access to high quality, niche-established medicines, announced it signed a definitive agreement to acquire the rights to a portfolio of alprostadil products in 10 European Union countries, as well as the United…
Arya, an agri post-harvest services platform, announced it has raised $6 million (about Rs 43 crore) in pre-Series B funding from venture capital firm Omnivore. Existing investor LGT Lightstone Aspada also took part in the funding round. As per the company statement, it will use the funding to accelerate the growth of their agri storage…
INSIGHTEC, a commercial-stage medical technology company, announced it has raised Series F funding of up to $150 million at a post-money valuation of $1.3 billion. Koch Disruptive Technologies (KDT), a subsidiary of Koch Industries, focused on finding and funding innovative and emerging companies, is leading the round and has committed to invest $100 million at…
Singapore-based payments startup “hoolah” recently announced that it has closed an eight-figure investment through its Series A funding round. The funding round was led by venture capital firm Allectus, iGlobe Ventures, Genting Ventures and angel investors like former Lazada group CEO Max Bittner, and FNZ CEO Tim Neville. With the infusion of capital, hoolah plans…
Bengaluru-based Edtech startup Oda Class recently announced that it has raised an undisclosed amount of investment in pre-Series A funding round. The funding round was led by a Chinese educational company, Yuanfudao. Interestingly, the founder of Yuanfudao is also a founding member of the Oda Class. As per an official company statement, Oda Class plans…
Leading socks eCommerce startup Soxytoes recently announced that it has raised an undisclosed amount of investment from Gurugram-based angel investors network. According to a company statement, the startup plans to use these funds for digital marketing, increasing their kiosk network, expanding into international markets and launching new product lines such as personalized and kids socks.…
Bengaluru-based real-estate tech startup, Strata recently announced that it has raised $1.5mn in a seed funding round led by SAIF Partners and Mayfield India. PropStack, a real-estate data analytics platform, along with three other angel investors also participated in the round. The company plans to use these funds for hiring in tech and investor relations…
Firmenich announced that it has entered into exclusivity with Ardian, Tikehau Capital and family shareholders to acquire Les Dérivés Résiniques et Terpéniques (“DRT”). DRT is a world leader in plant-based chemistry, mainly from pine trees, and is one of the leading suppliers globally of high quality, renewable ingredients. “I am thrilled to bring DRT’s unique…
Empower, a high-growth mobile banking app in the US challenger bank category, announced $20 million in Series A funding. New investors that took part in the funding round include Icon Ventures, Defy Ventures, and David Velez, Founder and CEO of Nubank, one of the most valuable financial technology startups in the world. Existing investors Sequoia…
Cielo, the world’s leading strategic Recruitment Process Outsourcing (RPO) partner, announced the acquisition of AsiaNet China, an RPO, executive search, recruitment, and payroll (HRO) business based in Shanghai. “There’s major demand for RPO in the China market,” said Sue Marks, Cielo Founder and CEO. “This acquisition builds on our existing capability in China to better…
Adient, a global leader in automotive seating, announced it has entered into an agreement to sell its automotive fabrics manufacturing business, including its lamination business, to Sage Automotive Interiors, an Asahi Kasei company, for $175 million. The transaction is subject to regulatory approvals, local legal requirements and other customary closing conditions and is expected to…
Netlify announced it has raised $53 million in Series C funding to accelerate the development and adoption of its web development platform based on git workflows and the modern JAMstack web architecture it pioneered. The Series C funding round is led by the EQT Ventures Fund . Existing investors Andreessen Horowitz and Kleiner Perkins, as…
Delhi-based coffee startup Sleepy Owl recently announced that it has raised an undisclosed amount in Series A funding round. The funding round was led by Rukam Capital and AngelList India. Existing investor DSG Consumer Partners also participated in the fundraising. Post the investment, the startup would have raised ₹16Cr in total funding. The company plans…