BlockChain-based certificates verification platform TheRollNumber has raised $165K USD as a part of seed round led by Inflection Point Ventures. The funds raised will be used to reinforce the technology stack, improve the platform, and make greater use of data stacks, as well as to expand the team and operations. Sai Raghavendra Sharma, a second-time…
Category: Investment
Investorey raises $ 1mn in seed funding round
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•Investorey, a real estate investment aggregator platform, founded by Manisheel Gautam and Shikhar Daydar, raised $ 1 Mn seed funding in a mix of Equity and Debt. The equity was raised from a group of the country’s leading angel investors and debt funding was led by Panthera Peak Capital. Founded in 2021, Investorey enables individuals to access investments…
Accenture announces investment in Looking Glass
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•Accenture has made a strategic investment through Accenture Ventures in Looking Glass Factory, a leading hologram company. Terms of the investment were not disclosed. Looking Glass, with headquarters in Brooklyn, New York and additional operations in Hong Kong, has developed an end-to-end holographic platform, with a lineup of displays that can show content in life-like 3D, without requiring…
DroneBase secures $55 mn funding led by Valor Equity Partners
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•DroneBase has secured $55 million in investment and rebranded as Zeitview. Led by Valor Equity Partners, an operational growth investment firm backing technology and technology-enabled companies, the round was followed by existing investors Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures, and Hearst Ventures. The new funding will support the company’s AI-enabled software and global footprint in advanced inspection solutions. This…
KGP Services acquires Further Enterprise Solutions
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•Circet, a global network services provider, and its U.S. entity KGP Services, a provider of network services throughout the U.S., announced the acquisition of Further Enterprise Solutions (FES), a provider of RF Engineering & Optimization, Installation & Commissioning, Staff Augmentation, and Decommissioning Services for the wireless communications industry. Founded in 2002, FES employs 300+ highly…
Mizuho Leasing to acquire 51 percent stake in Rent Alpha
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•Rent Alpha Private Limited (Rent Alpha) announced that it has entered into agreements with Mizuho Leasing Company, Limited (Mizuho Leasing), one of the largest leasing companies listed on the Tokyo Stock Exchange. Pursuant to this agreement, Mizuho Leasing will acquire 51% stake from existing shareholders. This proposed investment will close after customary regulatory approvals, the…
ReadyAssist acquires SpeedForce for $10 mn
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•ReadyAssist, a roadside service assistance provider, has acquired SpeedForce, a Vadodara-based two-wheeler servicing firm, for $10 million in a cash and stock deal, according to VCCircle report. With this acquisition ReadyAssist plans to race in India’s largest chain of multi-branded two-wheeler workshops. It also aims to strengthen its chain of SpeedForce workshops by adding another 700 this calendar year,…
Freightify raises $12 mn in Series A funding round
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•SaaS startup Freightify has raised $12 million in a Series A funding round led by Sequoia Capital India. TMV and Alteria Capital, with existing investors Nordic Eye Venture Capital and Motion Ventures participated in the current funding round. The fresh funds will be deployed for product development, geographical expansion, hiring, sales expansion, and brand building. “We are…
Accenture announces acquisition of Bionest
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•Accenture has acquired Bionest, a strategy and consulting firm dedicated to addressing complex strategic decisions for leading biopharma organizations across innovative areas of science including precision medicine and diagnostics, oncology, cell & gene therapy (CGT), and rare diseases. Terms of the transaction were not disclosed. Headquartered in New York with a European office in Paris, Bionest’s…
Vista Equity Partners completes acquisition of KnowBe4
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•KnowBe4, Inc. (KnowBe4), the provider of the world’s largest security awareness training and simulated phishing platform, announced the completion of its acquisition by Vista Equity Partners (Vista), a global investment firm. “Today’s acquisition is a significant milestone for the entire KnowBe4 team. It’s representative of our achievements to date, as well as our potential for continued long-term…
Uniphore announces acquisition of UK-based Red Box
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•Uniphore, a leader in conversational AI and automation, announced it has acquired Red Box, an open enterprise platform for capturing voice, screen and metadata from conversations. With the acquisition of Red Box, Uniphore will now deliver seamless access to AI-ready voice and screen recording data from 100% of conversations to drive automation and analytics at scale in the…
Vedanta Aluminium raises $250 mn in Sustainability Linked Loans
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•Vedanta Aluminium, India’s largest producer of aluminium, has raised USD 250 million through Sustainability Linked Loans (SLL) from leading international banks, for financing its capex initiatives and reducing carbon footprint. The loans were granted on the basis of specific performance parameters for decarbonization and safety, which the company aims to meet by deploying these funds…
Profit.co bags $11 mn funding led by Elevation Capital
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•Profit.co, a software provider that allows clients to set, track and measure objectives and key results (OKR) for their employees, announced it has raised $11 million in its first external round of funding after about four years of bootstrapping, according to ETtech report. The funding round, closed in August 2022, was led by Elevation Capital…
Plusgrade announces acquisition of UpStay
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•Plusgrade , the provider of ancillary revenue solutions for the global tourism industry, announced the acquisition of UpStay, a growing provider of upgrade solutions and ancillary revenue for the hospitality industry. UpStay serves hundreds of hotels in 17 countries by enabling hoteliers to generate higher ancillary revenue through multiple value-added revenue streams offered to their guests, a…
CropX acquires Tule
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•CropX Technologies, a global leader in digital solutions for agronomic farm management, announced its acquisition of Tule Technologies, a precision irrigation company based in California, U.S. This acquisition brings new data capture technologies to the CropX Agronomic Farm Management System and expands its market in California drip-irrigated specialty crops, a statement said. The CropX system offers its users…