Category: Investment

Annalise.ai grows global footprint with expansion into India

Annalise.ai, one of the world’s largest artificial intelligence (AI) radiology companies, has announced it is continuing its global expansion with the opening of the Annalise India Centre in Chennai — Annalise’s first establishment in India. The expansion into India continues Annalise.ai’s fast-paced growth trajectory as it continues to increase its visibility and capabilities in new markets like the USA, UK, Europe, and Asia.…

TCNS to merge with Aditya Birla Fashion and Retail Limited

TCNS Clothing (TCNS), India’s leading women’s ethnic focused fashion player, announced that it has entered into definitive agreements for combining with ABFRL, India’s leading fashion & apparel company, and a part of the Aditya Birla group. The transaction entails combination of TCNS into ABFRL and will be carried out through ‐ (1) Acquisition of the…

Heliware secures Rs 7cr pre-Series A funding

Heliware, a geospatial tech start-up has raised a total of 7cr in pre-series A round, with participation from investors including JITO Angel Network Promoted by JITO Incubation and Innovation Foundation, TiE and the round was led by Amit Engineers. Rajan Srivastav, Chief Executive Officer, Heliware said, “Heliware’s journey from start-up to geospatial tech leader is solely…

Veriforce announces acquisition of Global Worker Pass

Veriforce, the industry’s fastest-growing provider of supply chain risk and compliance management solutions, has announced the acquisition of Global Worker Pass, an innovative software solution designed to streamline the process of verifying workers’ qualifications and certifications in real-time. The acquisition will strengthen Veriforce’s suite of products and provide companies with a comprehensive solution for managing their…

Pando raises $30 mn Series B funding led by Iron Pillar and Uncorrelated Ventures

Supply chain software leader, Pando, announced its Series B funding of $30 million, bringing total capital raised so far, to $45 million. The round was led by marquee Silicon Valley investors Iron Pillar and Uncorrelated Ventures, with participation from existing investors Nexus Venture Partners, Chiratae Ventures and Next47. Several prominent American CEOs and angel investors also participated in this round including David Dorman, Chairman of CVS…

KKR to acquire CoolIT Systems

KKR, a global investment firm, and CoolIT Systems (CoolIT), a leading provider of scalable liquid cooling solutions for the world’s most demanding computing environments, announced the signing of a definitive agreement under which KKR will acquire CoolIT. The investment will support the Company’s ability to scale and serve its global customers across the data center…

ZestIoT raises $6.5M in Series A funding led by IvyCap Ventures

ZestIoT, an IoT and AI powered aviation platform empowering the aviation ecosystem to digitize last-mile operations, enhance operational efficiencies, and introduce predictability in day-to-day operations, announced that it has secured 6.5M USD (51Cr INR) in series A funding, led by IvyCap Ventures Pvt Ltd, a leading homegrown venture capital firm. The round also saw participation…

Keypoint Intelligence acquires Sweden-based ProPrintPerformance

Keypoint Intelligence , a global market intelligence and data firm for the digital printing and imaging industry, announced that it has acquired Stockholm, Sweden-based ProPrintPerformance.  With this acquisition, Keypoint Intelligence expands its reach globally, securing the number one position in consulting, training, platform development and testing in the production print market. ProPrintPerformance, co-founded in 2016, is…

Aurum PropTech acquires MYRE Capital’s platform and launches Aurum WiseX with Aryaman Vir as the CEO

Aurum PropTech Limited has acquired the assets and technology platform from MYRE Capital and launched Aurum WiseX, a digital distribution vertical for Real Estate Investments. Aryaman Vir, Former Founder & CEO, MYRE Capital has been appointed as the CEO of Aurum WiseX and there will be a continued focus on utilizing technology to offer risk-adjusted…

Tata Communications completes acquisition of The Switch Enterprises

Tata Communications, a global digital ecosystem enabler, announced completion of the acquisition of The Switch Enterprises LLC (The Switch) through its wholly owned international subsidiary Tata Communications (Netherlands) B.V. The US $58.8 Mn (₹486.3 Crores) cash transaction has been closed post customary adjustments and regulatory approvals. Tata Communications, through its wholly owned international subsidiary Tata Communications (Netherlands)…

Accenture to acquire Einr AS

Accenture has agreed to acquire Einr AS, a Norwegian business consulting company specialized in high volume logistics solutions using SAP technologies to optimize the flow of products from manufacturers to consumers. The acquisition will further enhance Accenture’s SAP capabilities, helping it accelerate supply chain reinvention for organizations within the retail and consumer electronics industries. Terms of…

Greycroft Closes On More Than $1 Billion To Back the Next Generation of Category-Defining Companies

Greycroft, a seed-to-growth venture capital firm investing in entrepreneurs who build category-defining companies, announced the closing of more than $1 billion of capital commitments across new funds. The firm’s two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, closed on over $980 million, enabling the firm to continue to invest in early and growth-stage…

QuickReply.ai raises funding from Leo Capital, others

QuickReply.ai, a WhatsApp marketing platform, announced that it has raised $1.14 million in a round led by Leo Capital, which infused $0.75 million, according to ETtech report. Other investors, including Pentathlon Ventures, GSF, Deepak Diwakar (cofounder, MindTickle), Azhar Iqubal (cofounder and CEO, Inshorts), and Dinesh Agarwal (founder and CEO, Indiamart), also participated in the seed…

Energy Dome closes 40 mn Euro Series B financing round

Energy Dome, the company behind the CO2 Battery, the innovative long-duration energy storage solution, announced it has closed a 40 million euro (circa $44 million) Series B funding round. The financing round was led by Eni Next, the corporate venture capital arm of Eni. Eni Next invests in high-growth start-ups to boost the energy transition to…