Indi Design Private Limited, one of the most iconic design houses in India, announced that ValueLabs, a global technology services provider, has acquired the company. With this acquisition, ValueLabs’ offering in the solutions segment expands to include Brand and Business Consulting. Indi Design was founded in 2009 by Sudhir Sharma. They are very well known…
Intuition Robotics, developer of digital companion technologies, announced that it has raised $36 million in Series B funding co-led by SPARX Group and OurCrowd, bringing the company’s total funding to $58 million. Additional investors in the round include: Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg…
Innovaccer, a Healthtech startup, announced it has raised $70 million in a Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge Capital, Mubadala, and M12. Till now, the company has managed to raise a total capital of $120 million. The company will utilise the funds to improve existing processes that digitise healthcare for…
Reggora, the industry’s leading residential appraisal software, announced that it has raised $10 million in Series A funding, led by Spark Capital. Spark also led the company’s $3 million seed round in January 2019. Existing investors, including Boston Seed Capital, also participated in the round. With the funding, Reggora will focus on adding to its…
NIPPON Passport Co., Ltd. announced that it has closed 200 million JPY in a pre-series A funding. The funding was led by private investors and business companies through a third-party allotment in a pre-series A funding round. The government of Japan shows the target to attract 60 million foreign tourists annually by 2030. NIPPON Passport…
Headspace, a global leader in mindfulness and meditation, announced an investment from Times Bridge as its Series C funding comprised of $53 million of equity from participating investors and $40 million of debt capital. Times Bridge, a global investments and partnerships firm, will enable Headspace to launch and scale in India, the world’s second largest…
Vedantu, an Edtech startup company, announced it has raised $24 million in funding led by GGV Capital. Existing investors also participated in the funding round. Last year the company raised $42 million funding led by Tiger Global. Vedantu will utilise the capital for branding and expanding its presence to new categories such as early childhood…
The Government of Odisha has approved eight more investment proposals worth Rs.1,609.49 crore in the 89th State Level Single Window Clearance Authority (SLSWCA) meeting. The meeting was held under the Chairmanship of Chief Secretary, Asit Kumar Tripathy in Lok Seva Bhawan conference hall today wherein Hemant Sharma, Commissioner-cum-Secretary, Industries outlined the project proposals for consideration.…
viagogo, the globally active ticket marketplace for accessing live sports, music and entertainment events, announced it has completed its acquisition of StubHub. eBay inc has confirmed in their press release that it has completed the sale of StubHub to viagogo for $4.05 billion in cash. The acquisition will give consumers wider access to their favorite events. These…
EquityBee, the startup employees stock options funding solution, announced its recent funding round of $6.6 mn. The round was led by Group11, with participation from Battery Ventures and LocalGlobe. In the past year EquityBee enabled hundreds of Israeli startup employees to exercise their stock options, and now it will leverage its experience and vast Investor…
Brooks Automation, Inc.,announced that it has acquired RURO, Inc., an informatics software company based in Maryland. The total cash purchase price of the acquisition was $15 million, subject to customary working capital and other adjustments. RURO provides cloud-based software solutions to manage laboratory workflow and bio-sample data for a broad range of customers in the…
Dr. Reddy’s Laboratories Ltd. announced that it has entered into a definitive agreement with Wockhardt Limited to acquire select divisions of its branded generics business in India and a few other international territories of Nepal, Sri Lanka, Bhutan and Maldives for a consideration of Rs.1850 Crores. The business comprises of a portfolio of 62 brands…
Armis, the leading enterprise IoT security company, announced that Insight has completed its venture acquisition of the company, which was announced on January 6, 2020, at a valuation of $1.1 billion, with participation from CapitalG for $100 million and rollover from certain existing stockholders. Armis will continue to operate independently and will be fully managed…
MoEngage, an intelligent customer analytics and cross-channel engagement platform, announced that it has raised $25 mn in Series C funding. Eight Roads Ventures led the round with participation from its US-based sister fund, F-Prime Capital, along with Matrix Partners India and Ventureast. The new round of funding will be utilised to deepen relationships in Asia,…
SpeeDx. Pty Ltd, the developer of innovative clinical diagnostics to support improved patient outcomes, announced it has raised $15 million in additional series B equity investment from U.S.-based Northpond Ventures. “SpeeDx’s molecular diagnostic solutions are having a profound global impact in the areas of STIs, antibiotic resistance markers, and respiratory diseases,” said Michael P. Rubin,…