Accenture has agreed to acquire Intellera Consulting, an Italian consultancy firm operating in the public administration and healthcare sectors. The acquisition aligns with Accenture’s ongoing focus on helping Italian public service organizations enhance and transform their citizen services. Founded in 2021, with main offices in Rome and Milan, Intellera Consulting is one of Italy’s main…
SunFireMatrix, Inc. (SunFire), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a significant minority shareholder in the Company.…
SLB and ChampionX Corporation announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of the…
EQT Private Equity announced that the EQT X fund (EQT) has agreed to acquire Avetta from Welsh, Carson, Anderson & Stowe (“WCAS”). Avetta is a global leader in supply chain risk management software. For more than two decades, Avetta’s innovative SaaS platform has enabled clients to manage supply chain risks across health, safety, and sustainability,…
Hair care products maker Traya has raised Rs 75 crore in funding from Mumbai-based private equity fund Xponentia Capital, according to ETtech report. The firm offers a range of products targeting issues like hair loss. Previous to this, Traya has raised about $3 million from the likes of Fireside Ventures, Stride Ventures, Kae Capital and…
MidOcean Energy (MidOcean), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, announced a strategic investment by Mitsubishi Corporation (Mitsubishi Corp). Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company, a…
SatSure, a pioneering DeepTech company specializing in helping enterprises improve their quality of decisions with earth observation data, announced an equity investment from TransUnion, the global information and insights company. India-based SatSure leverages satellite imagery and artificial intelligence (AI) to improve decisioning quality and deliver intelligence for various industries, primarily agriculture, as well as finance,…
Bambrew, a cleantech startup operating in the sustainable packaging space, said it has raised Rs 60 crore (about $7 million) in Series A funding round led by Blume Ventures, according to ETtech report. The funding was a mix of equity and debt. The equity element totalled to about Rs 30 crore, a company spokesperson told…
Blue Yonder, a leader in digital supply chain transformations, announced the signing of an agreement to acquire One Network Enterprises (One Network) for approximately $839 million, subject to adjustments. One Network, provider of the Digital Supply Chain Network, is known for its autonomous and resilience services and is a leading global provider of intelligent control towers. Upon…
Artificial intelligence (AI)-led risk management solutions provider, SydeLabs said it has raised $2.5 million as a part of its seed round of funding led by RTP Global. The round also saw participation from early-stage investment firm Picus Capital along with marquee angel investors including Cred founder Kunal Shah and Mobile Premier League founder Sai Srinivas…
SLB, a global technology company, announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise and an established project delivery platform, the combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology…
SuperK, which runs retail supermarkets in tier 3 towns and beyond, has raised $6 million (Rs 50 crore) in a funding round led by Blume Ventures, according to ETtech report. Investors like Silver Needle Ventures, Veltis Capital and Atrium Angels, among others, participated in the round. The firm did not disclose the valuation at which…
Accenture has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely and effectively. “AI-powered humanoid robots are essential to reinventing work and supporting human workers as labor shortage is becoming an issue in many…
WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul. The strategic partnership will target to build a rental housing asset portfolio of c.1,200 units with the initial tranche of…
ParkSmart, a leading B2B SaaS company focused on building the largest inventory of parking spaces by providing smart parking solutions, has announced its investment from Sin Growth Partners led by Hiro Mashita, Gruhas Proptech, strategic angels including Rajveer Ranawat (ex MD, AIG Direct Investments Europe) and Ameet Desai (ex Group CFO, Adani Group). Founded by five visionary entrepreneurs…