Category: Investment

Global talent leader WilsonHCG acquires Personify

WilsonHCG, a global talent leader, has announced the acquisition of Personify, an award-winning recruitment process outsourcing (RPO) provider. Personify specializes in the life sciences, healthcare, biotech and pharmaceuticals sectors and other industries experiencing critical skills shortages. Personify, a leader in its core markets, provides executive search and recruitment marketing services alongside its RPO solutions. Headquartered…

Kotak Securities invests Rs 5cr in fintech startup Banksathi

Kotak Securities has invested Rs 5 crore in Bengaluru-based fintech Banksathi by leading its pre-series-A round funding, according to PTI report. Kotak Securities in the recent past has made four strategic investments and two acquisitions in the startup space. While it has invested in Stockedge, eLearn Markets, Flipit Money and Multiple, its recent two acquisitions…

Tata Passenger Electric Mobility Ltd completes acquisition of Ford India’s Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Limited (TML), and Ford India Private Limited (FIPL) had executed a Unit Transfer Agreement on August 7, 2022 for acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings (Sanand Property); (ii) Vehicle Manufacturing Plant along with…

actyv.ai raises $12 mn as part of pre-Series A funding round

actyv.ai, a Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has raised a total of $12 million as part of Pre-Series A funding round from 1Digi Ventures, Singapore, the family office of Raghunath Subramanian, Founder and Global CEO of the company. This includes an earlier tranche of $5 million…

Nanoprecise Sci Corp raises $10 mn in Series B investment

Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors. The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions. Founded in 2017 by CEO Sunil Vedula, the core team of Nanoprecise comprises…

Tigo Energy announces $50 million capital raise to support growth initiatives

Tigo Energy, Inc. (Tigo), a leading provider of intelligent solar and energy storage solutions, has signed a definitive agreement with L1 Energy for the purchase of $50 million of newly issued Convertible Notes to support the Company’s future growth opportunities through the deployment of its intelligent solar and energy storage solutions and repayment of existing debt.…

Sona Comstar acquires 54% equity stake in NOVELIC

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in NOVELIC, a Serbia-based company founded in 2012, that is a leading provider of mmWave radar sensors, perception solutions and full-stack embedded systems. ADAS sensors are a fast-growing…

Alibaba Cloud unveils its first International Product Innovation Center and Partner Management Center in Singapore

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled at the Alibaba Cloud Singapore Summit 2023 its first international product innovation center and partner management center, to further enhance customer services and better facilitate customers’ digitalization journey. The new Product Innovation Center will help facilitate future roadmaps for developing more market-specific solutions,…

Google backs Indian agritech startup Cropin in its Rs 113cr funding

Google has funded homegrown agritech startup Cropin in its latest Rs 113 crore round that also saw participation from JSR Corporation and existing investors ABC Impact and Chiratae Ventures, according to IANS report. The funds will aid in expanding Cropin Cloud, the company’s intelligent agriculture cloud platform, to cater to the growing demand for digitisation and predictive intelligence…

EV charging startup ElectricPe raises $5 mn

Electric vehicle (EV) charging startup ElectricPe has raised $5 million, led by Green Frontier Capital, Blume Ventures, and Micelio Fund, according to ETtech report. Dubai-based NB Ventures, Anchorage Capital Partners, Supermorpheus, and Climate Angels also participated in the funding round. “The funding will be used to improve our technology and also expand to cities outside…

A Toddler Thing raises funds from Chennai Angels in the first round

Homegrown sustainable baby essentials and apparels brand, A Toddler Thing, is a homegrown brand based out of Coimbatore, with the aim of creating a culture of sustainable and eco-friendly living. Their product lines include GOTS and CPSIA certified clothing and a wide range of Organic Muslin essentials and apparels carefully designed to keep babies comfortable and…

SirionLabs boosts Series D round to $110M with investment from Brookfield Growth

SirionLabs, the global leader in artificial intelligence (AI)-powered contract lifecycle management (CLM), announced that its Series D funding has reached $110 million as a result of an investment by Brookfield Growth. The previously announced round was led by Partners Group with participation from existing investors Sequoia India and Tiger Global. The fresh capital will enable the company to expand…

NymbleUp raises Rs 3cr in seed funding led by IvyCap Ventures

NymbleUp, an AI-based SAAS platform for operations automation and workforce management, announced that it has raised INR 3 Cr amount in a seed funding round led by Mumbai-based IvyCap Ventures Pvt Ltd. The round also saw participation from a prominent business leader, a statement said. Founded by a team of engineers with hands-on experience in…

ASM Technologies Limited opens new development center in Pune

ASM Technologies Ltd, a global Technology Engineering and Product Development services provider has opened a new development center in Pune, Maharashtra. The Company will strengthen its presence and customer reach in Western India. The development center was inaugurated by Rabindra Srikantan, Managing Director and Ravishankar Reddy, Vice President. Commenting on the recent expansion in Western…

Granules enters into a strategic partnership with Greenko ZeroC to enable carbon free energy and green molecule solutions

Granules India Limited, enters into a strategic partnership with Greenko ZeroC to collaborate for Green Molecule Solutions and its wider applications in pharmaceuticals to build a leadership position in sustainability and circular economy initiatives and be a pioneer in the industry. Granules & Greenko ZeroC will develop and promote State-of-the-art Integrated Green Pharmaceutical Zones (GPZ)…