Boldyn Networks (Boldyn) announced the close of its acquisition of Cellnex’s private networks business unit. This largely includes Edzcom, a Finnish pioneer and European market leader that designs, builds, and operates private 4G and 5G networks across enterprise customers in the manufacturing, transport hubs, oil and gas, energy generation, and mining industries. With this acquisition, Boldyn is…
WebMD Health Corp., an Internet Brands company and a leader in health information services for consumers, physicians and other healthcare professionals, announced it has joined forces with Healthwise, Incorporated, the patient and member health education and engagement company, through the acquisition of Healthwise’s current operating assets. Healthwise delivers a powerful offering of consumer health content…
Silence Laboratories, which builds products to help enterprises and companies ensure data privacy through technologies like multiparty computation (MPC), has raised $4.1 million in a funding round, according to ETtech report. The round was led by Pi Ventures and Kira Studio, along with other angel investors. The newly-acquired funds are earmarked for scaling up its…
CMS Info Systems (CMSINFO), a leading business services platform has announced that Rajiv Kaul, Executive Vice Chairman, Whole Time Director and CEO has increased his stake in the company from 2.62% to 6.20%. Baring Private Equity Asia (Sion Investment Holdings) acquired a 100% stake in 2015 from Blackstone Private Equity (Blackstone FP Capital Partners) and…
Graybar, a distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, announced that it will acquire Blazer Electric Supply, based in Colorado Springs, Colorado, effective March 1, 2024. Blazer Electric Supply is an electrical distributor that serves construction, commercial, institutional, and industrial customers. The company was founded in…
Mobility platform IntrCity said it has raised Rs 37 crore in a funding round led by Mirabilis Investment Trust, part of the family office of Infosys cofounder K Dinesh, according to ETtech report. The funding round also saw participation from existing investors like Nandan Nilekani’s family trust, Omidyar Network India and Ujamaa Ventures. The firm…
BounceBit has closed a $6-million funding round led by prominent venture capital firms Blockchain Capital and Breyer Capital. “We’re thrilled to lead the seed round for BounceBit as they’re pushing the frontiers of BTC Restaking and yield generation,” said Ted Breyer, Partner at Breyer Capital. “There is a huge opportunity to bring DeFi and other innovations to the Bitcoin community through BTC…
Mahindra Logistics Limited, a leading provider of integrated logistics solutions in India, is set to broaden its footprint in West Bengal. As part of this expansion, Mahindra Logistics will commence operations of a 1.1 lakh sq. ft. fulfilment centre in Malda, West Bengal, dedicated to handling fulfilment and last-mile deliveries. This centre is a critical…
Accenture has agreed to acquire Mindcurv, a cloud-native digital experience and data analytics company specializing in composable software, digital engineering and commerce services for more than 200 clients worldwide. With this acquisition, Accenture Song—the world’s largest tech-powered creative group—further expands its commerce services for clients globally. The terms of the acquisition from private equity investment…
Hyperlocal logistics startup Shadowfax has raised $100 million in a mix of primary and secondary investments as part of its latest funding round led by growth investor TPG NewQuest, according to ETtech report. Existing investors including Mirae Asset Management, Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital also participated in the fundraise.…
Campfire, the Y Combinator-backed startup modernizing accounting software for startups and midsize companies, announced it closed a $3.5 million seed funding round led by Foundation Capital and joined by Y Combinator and Twenty Two Ventures. Campfire will use the funding to attract world-class talent and further support its flagship products, which provide a modern general ledger and automate revenue…
IBSFINtech India Private Limited (IBSFINtech), a globally recognized Treasury, Risk, Trade Finance and Supply Chain Finance Management company has secured Pre-series A round of USD 1.5 Mn led by a group of HNIs from the USA & India, including some marquee existing investors. The company plans to utilize the funds strategically, to expand its global…
Global investment firm KKR announced the signing of a definitive agreement with Broadcom Inc. to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic focus on empowering customers…
Calabrio, a globally recognized leader in Workforce Engagement Management (WEM) solutions, has announced a major expansion in India with the launch of its new cloud offering. Tailored to meet the specific needs of Indian enterprises, this in-country cloud deployment positions Calabrio as the first WEM organization to offer local businesses unparalleled reliability, flexibility, and scalability…
OKX Ventures, the investment arm of leading Web3 technology company OKX, announced its participation in the pre-A round investment for Delphinus Lab, a trustless computation platform provider that aims to deliver a Zero-Knowledge WebAssembly (zkWASM)-based application rollup platform known as zkWASM Hub. Delphinus Lab’s product offers automated proving and batching services for application workloads, with the added flexibility…