Restaurant365, an industry leading all-in-one restaurant enterprise management software, announced it has agreed to a $135M funding round co-led by global investment firms KKR and L Catterton with participation from current investors, including ICONIQ Growth and Bessemer Venture Partners. Restaurant365 is transforming the restaurant industry by providing operators with innovative solutions to increase sales, control food costs, and optimize labor. The company’s…
Category: Investment
Delhivery announces strategic investment in Vinculum
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•Delhivery Ltd, India’s largest fully-integrated logistics services provider, will make a strategic investment in Vinculum, a global software leader enabling omnichannel retailing for D2C enterprises, brands, brand distributors, and quick commerce companies. The investment is the first part of a potential 2-stage deal that provides Delhivery the option to further increase its shareholding in the…
Accenture invests in SpiderOak
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•Accenture has made a strategic investment, through Accenture Ventures, in SpiderOak, a leader in zero-trust cybersecurity and resiliency solutions for next generation space systems. Based in Reston, Virginia, SpiderOak’s OrbitSecure product suite brings zero trust security to zero gravity environments. OrbitSecure leverages a powerful combination of no-knowledge encryption and distributed-ledger technology in order to meet the unique demands…
Speed Kitchen raises seed funding led by Inflection Point Ventures
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•KAAS startup Speed Kitchen raises Seed round led by Inflection Point Ventures with participation from other HNIs & angel investors. The funds will be used for expansion and increasing the footprint pan-India and hiring a team that could accelerate the expansion. Speed Kitchen’s vision is to expand the value chain and become an infrastructure service provider for…
eBay enters into agreement to acquire Certilogo
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•eBay Inc., a global commerce leader that connects millions of sellers and buyers around the world, and Certilogo, a provider of AI-powered apparel and fashion goods digital IDs and authentication, announced that eBay has signed a definitive agreement to acquire Certilogo. Certilogo’s platform uses digital technology to empower brands and designers to manage the lifecycle…
Accenture completes acquisition of Objectivity
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•Accenture has completed its acquisition of Objectivity, a digital engineering firm specializing in cloud and platform development services that help clients accelerate their transformation journey for rapid innovation. Terms of the transaction, previously announced on May 9, were not disclosed. Objectivity’s extensive experience in platform engineering, cloud native computing and application modernization bolsters Accenture’s Cloud First capabilities to…
Datacolor announces acquisition of matchmycolor
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•Datacolor AG, a global leader in color management solutions, announces its acquisition of matchmycolor LLC, a technology company specializing in color formulation and communication software. matchmycolor will integrate Datacolor from January 1, 2023. Acquisition and integration costs will impact fiscal years 2022/23 and 2023/24. This strategic acquisition strengthens Datacolor’s market position and expands its global presence in…
Eagle Eye Networks and Brivo announce $192M investment
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•Eagle Eye Networks, the global leader in cloud video surveillance and Brivo, the global leader of cloud-based access control and smart space technologies, announced one of the largest investments to date in cloud physical security. SECOM CO., LTD, one of the largest security integration companies in the world, according to Forbes Global 2000, has made a primary…
Yanolja Cloud acquires B2B travel solution provider Go Global Travel
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•Yanolja Cloud, a leading global provider of AI-based SaaS solutions for the hospitality and leisure industries, has announced the acquisition of Go Global Travel (GGT), a B2B travel technology company, which distributes its inventory of more than 1 million hotels and other travel products from 200 countries to over 20,000 client partners. Through this acquisition,…
Agraga raises Rs 70 cr in Series A led by IvyCap Ventures
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•Agraga, a Unified Digital Logistics Platform that seamlessly integrates asset holders to simplify cross-border logistics, has raised INR 70 crore in its recent Series A round led by IvyCap Ventures, a renowned homegrown venture capital firm, with participation from Alteria. This latest infusion of funds will enable Agraga to expand operations across India from its…
Connectbase acquires London-based LastMileXchange
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•Connectbase, the industrial cloud for connectivity, acquires London-based LastMileXchange (LMX), expanding the Connectbase brand globally. Following this acquisition, Connectbase will have the largest global API ecosystem securely connecting buyers and sellers across six continents with over 2 billion unique locations on The Connected World platform. Existing Connectbase customers will benefit from the extended reach that LMX brings to…
Cipla sells its entire stake in Saba Investment
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•Pharma major Cipla announced it has sold its entire stake of 51% in Saba Investment Limited (Saba) to Shibam Group Holding Limited. According to the company’s exchange filing, “, we hereby notify that the Company has entered into a binding term sheet to sell its entire stake of 51% held in Saba Investment Limited, UAE…
Sona Comstar announces partnership with UK-based Equipmake
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•Sona BLW Precision Forgings Ltd (Sona Comstar), a global automotive technology company, has signed a technology licensing agreement with Equipmake, a UK-based technology company that has developed high-performance electric powertrains. Equipmake’s patented technology offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles. Under the agreement,…
Toluna enters agreement to acquire MetrixLab
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•Toluna, the leading global insights technology and panel provider, announced it has entered an agreement to acquire MetrixLab, a renowned global leader in market research and insights from Macromill, Inc. With a closing date of June 1, this acquisition will create a one-of-a-kind organization that offers end-to-end market research capabilities, setting a new standard for…
KKR increases majority stake in Seiyu with acquisition of Rakuten shares
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•KKR, a global investment firm, and Rakuten Group, Inc., (“Rakuten”) announced the signing of definitive agreements under which a fund managed by KKR will purchase Rakuten’s stake in Seiyu (the “Company”), a leading, nationwide supermarket chain in Japan. With this purchase, KKR increases its stake in Seiyu from 65% to 85% Following this transaction, Rakuten…