Singapore-based Jungle Ventures said it has merged HealthXCapital – a city based-fund in which it is an anchor investor – with itself to kickstart its healthtech foray, according to ETtech report. Following this move, the $20 million HealthXCapital — with investments in Red Health (formerly StanPlus), Medfin, and THB — will now join Jungle Ventures’…
A-Gas, the global leader in the supply and lifecycle management of refrigerant gases, announced that its owners, including majority owner KKR, have entered into a definitive agreement to sell a majority stake in the company to TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform, TPG Rise. KKR will remain…
Tests Assured, with its global headquarters based in Silicon Valley, announced the launch of its new office in Kochi, India. As a premier VR/AR and spatial computing testing service provider, this move further cements its commitment to offering unparalleled quality assurance (QA) solutions to its international customer base. Tests Assured has taken strategic action with…
Prepaid card solution Bizpay has raised undisclosed amount in a seed round led by Inflection Point Ventures. The company plans to use 20% of the funds for product development, 60% for marketing, and 20% for other purposes, a statement said. Bizpay offers a prepaid card solution integrated with advanced SaaS software, enabling corporates to streamline…
Sirion, the global leader in AI-powered contract lifecycle management (CLM), announced its partnership with leading consulting firm Deloitte India to offer customers access to an integrated experience in implementing the Sirion CLM platform. This strategic partnership strengthens Sirion’s relationship with Deloitte in India and expands Sirion’s footprint in the APAC region. Sirion’s AI-powered solution will benefit Deloitte’s…
Sun Capital Partners, Inc. (Sun Capital), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, announced its affiliate has reached a definitive agreement with various subsidiaries of Koch Engineered Solutions, LLC, a subsidiary of Koch Industries, Inc., to acquire Koch Separation Solutions (KSS). The acquisition by an…
Nazara Technologies Limited, a diversified gaming and sports media platform announced an investment of USD 500,000 (approx. INR 4.15 cr) via its wholly owned Singapore subsidiary Nazara PTE Ltd in Israel based game developer Snax Games Ltd. Nazara Technologies has also entered into a publishing agreement with Snax Games through which it has acquired the…
Hyundai Motor India Limited (HMIL), India’s first smart mobility solutions provider and the largest exporter since inception, today signed an Asset Purchase Agreement for the acquisition and assignment of identified assets related to General Motors India’s Talegaon Plant in Maharashtra. Unsoo Kim, Managing Director and CEO of Hyundai Motor India Ltd., and Asifhusen Khatri, Vice President Manufacturing…
CarTrade Tech Limited, one of India’s largest online auto platforms, announced the completion of 100% acquisition of OLX’s Classifieds and Auto Transactions business in India for INR 535.54 crores, from OLX India BV (OIBV). OLX is one of India’s leading classifieds players with more than 100+ million app downloads. It operates in 12 broad categories…
Radisys Corporation (Radisys), a wholly owned subsidiary of Jio Platforms Limited and a global leader of open telecom solutions, announced that it has completed the acquisition of Mimosa Networks, Inc. (Mimosa) from Airspan Networks Holdings Inc. Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. These products enable the rapid…
Digital-first wellness brand What’s Up Wellness has raised Rs 14.40 crore in a seed funding round led by Unilever Ventures, the venture capital arm of FMCG giant Unilever, according to ETtech report. This marks Unilever Ventures’ inaugural investment in the health and wellness category in India. The move comes amid a surge in pharmaceutical stocks…
Launch service provider Rocket Factory Augsburg AG (RFA) announced that it has raised a €30 million investment from KKR, a leading global investment firm. The fresh funding is a vote of confidence for RFA as global demand for access to space continues to grow. The investment will facilitate RFA’s upcoming integrated first stage test and…
Unisun Energy Group, a leading provider of industrial and commercial intelligent green power services, announced the successful completion of its Series C financing, which was led by the renowned investment firm Cathay Capital with increased investment from its existing shareholder Source Code Capital. The proceeds from this financing will be utilized for developing and constructing…
Moove, the world’s first mobility fintech, announced that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior twelve…
MetaShot, a Bangalore-based gaming startup, secures $400K in a Pre-seed Round with participation from Inflection Point Ventures. The round also saw participation from an early-stage gaming focussed fund and prominent angels, including founders of Dineout – Ankit Mehrotra, Sahil Jain and Khalid Qazi, among others. The funds will be used to expand the team, invest…