Regnology, a software provider with a focus on regulatory reporting solutions, announces today it expects to sign a definitive agreement to acquire Invoke, a French-based provider of financial, regulatory, and tax reporting solutions for supervisory authorities, and reporting entities. With 160+ full-time employees, Invoke serves over 1,800 regulated entities and supervisory authorities throughout Europe with…
Category: Investment
PayTabs acquires OGS PayLab India
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•PayTabs Group, the regional award-winning payments powerhouse, in an unprecedented move announced that it has completed its acquisition of 100% stake in OGS PayLab. OGS PayLab based in Chennai, India, is one of the leading service providers of transaction processing services, turnkey cloud payment solutions and electronic fund transfer (EFT) Switch solutions in the globe. Under…
NIIT completes demerger of Corporate Learning Business into NIIT Learning Systems Ltd
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•Following the reorganisation plan announced during Q3 FY22 results in Jan 2022, the Board of NIIT Limited announced that Corporate Learning Business undertaking has been transferred to NIIT Learning Systems Limited (NLSL) upon the Composite Scheme of Arrangement becoming effective as on May 24, 2023. Going forward, NIIT Limited will continue to focus on and…
Blackstone acquires International Gemological Institute
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•Blackstone, the world’s largest alternative asset manager, announced that private equity funds managed by Blackstone (Blackstone) have acquired International Gemological Institute (“IGI”) from Shanghai Yuyuan Tourist Mart (Group) Co., Ltd., a subsidiary of Fosun, and Roland Lorie, who belongs to the founding family. Founded in 1975 in Antwerp, IGI is a global leader in independent…
Bestfly completes acquisition of MS Aviation
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•Bestfly announced that it has completed the acquisition of Austrian company MS Aviation as part of its European expansion strategy. MS Aviation is an Austria-based aviation asset management company that offers end-to-end support solutions for various types of aircraft. As part of its acquisition by Bestfly, MS Aviation will transfer its offices to Graz , Austria. “Bestfly has…
NextRoll bags $50 mn funding from Capital IP
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•NextRoll, the San Francisco-based marketing technology company delivering products for ambitious marketers to grow their businesses, announced it has secured $50M in committed financing from Capital IP. The investment will be used to strategically support the next wave of innovation on NextRoll’s marketing software for both its business units: AdRoll, its marketing and advertising platform for eCommerce brands, and RollWorks,…
Thena raises $5 mn seed funding led by Lightspeed
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•Thena, a customer communications and intelligence platform that helps businesses manage customers on messaging platforms Slack and Microsoft Teams, said it has raised $5 million in a seed funding round led by Lightspeed Venture Partners, according to ETtech report. Other investors include First Round Capital and returning investor Pear VC. Thena enables clients’ messaging platforms…
DataOps.live raises $17.5m from Notion Capital and Anthos Capital
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•DataOps.live, The Data Products Company, announced that it has raised $17.5M in a recent Series A financing round. The investment comes 15 months after the company’s initial seed funding of $10m in January of 2022, during which time the market has grown exponentially. The round includes new investor Notion Capital, who joins existing investors Anthos Capital and Snowflake Ventures.…
OpenFin secures $35 mn in Series D investment
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•OpenFin, the operating system (OS) of enterprise productivity, announced that it has secured $35 million in Series D investment. The latest funding round was led by Bank of America with significant participation from Pivot Investment Partners and ING Ventures. Additional investors in the round include CME Ventures, CTC Venture Capital, SC Ventures and Tribeca Early Stage Partners.…
Event Tech start-up Ticket 9 raises $120,000 pre-seed funding
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•Tamil Nadu-based Event Tech start-up Ticket 9 raises $120K pre-seed funding from M2P Co-founder Prabhu Rangarajan, bitsCrunch’s Founder & CEO Vijay Pravin Maharajan and CTO Ashok Vardharajan, Ippopay’s Founder & CEO Mohan K, and CTO Jaikumar, Growfin’s Head of AI & ML Sudalai Rajkumar, Wilcosource Co-founder Sundararaman Ramasamy, Deliver.sg Co-founder Krishmani Kannan, Witree’s CTO Selvamuthukumar…
Sonata Software expanding footprints in Telangana
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•Sonata Software, a leading Modernization Engineering company is now expanding its footprints in Telangana. Sonata Software, a Public Limited company is expanding in Nalgonda IT Park by adding around 200 jobs focusing on Software Development and Technology Innovation. This will be a collaborative workspace for Engineers to work on innovative solutions catering to the needs…
Shutterstock to acquire GIF library and search engine GIPHY
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•Shutterstock, Inc., a premier partner for transformative brands, digital media and marketing companies, announced that it entered into a definitive agreement to acquire GIPHY, Inc. from Meta Platforms, Inc. GIPHY is the world’s largest collection of GIFs and stickers that supplies casual conversational content. GIPHY’s vast library of GIFs and stickers draws more than 1.3…
With the acquisition of the business of Optimal Design, Deloitte further expands software and product engineering services portfolio
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•Deloitte announced that it has acquired substantially all of the assets of Optimal Design Co., a leading product engineering services (PES) company specializing in the innovation and development of smart connected products and internet of things (IoT) devices. Together, Optimal Design’s multi-disciplinary PES talent and Deloitte’s leading-edge capabilities will help clients unlock innovation and achieve…
Chennai-based Veranda Learning announces association with seven companies
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•Veranda Learning Solutions, a public listed Education company, is acquiring and investing across seven businesses, through its 100% owned subsidiary Veranda Administrative Learning Solutions Private Limited. The entities that will come under the Veranda Learning Solutions’ umbrella include: Educare Infrastructure, Six Phrase, SmartBridge, Talent Academy & Publications, Phire Learning and BAssure. The total valuation of…
Accenture completes acquisition of Einr AS
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•Accenture has completed its acquisition of Einr AS, a business consulting company specialized in high volume logistics solutions using SAP technologies to optimize the flow of products from manufacturers to consumers, headquartered in Oslo, Norway. The acquisition further enhances Accenture’s SAP capabilities, helping it to accelerate supply chain reinvention for organizations within the retail and…