KKR, a global investment firm, announced that KKR has agreed to acquire Clinisupplies, a market leader in continence care products in the UK, from Healthium. Clinisupplies’ management team will continue to hold a minority position. Financial details of the transaction were not disclosed. Clinisupplies is a UK-based manufacturer and distributor of continence care products, including urinary collecting devices and…
Hinduja Tech (HT), a world-class engineering services company, acquired Drive System Design (DSD), an award-winning and globally trusted engineering consultancy known for developing innovative solutions for electrified propulsion systems. DSD currently provides advanced engineering to automotive, commercial vehicle, off-highway, defense and aviation industries from locations in the United Kingdom, the United States, and Asia, a statement said. The…
AltoVita, a corporate accommodation platform, whose customers include Hewlett Packard Enterprises, Google and US government agencies, announced it has secured $9.5M in an oversubscribed Series A investment round. The investment, co-led by Novum Capital Partners and Fifth Wall will help AltoVita continue its expansion to reshape the technology landscape and build the largest inventory in the $201bn corporate accommodation…
S&P Global, provider of credit ratings, benchmarks and analytics, has announced the acquisition of the Shades of Green business from the Center for International Climate Research (CICERO), Norway’s foremost institute for interdisciplinary climate research. The acquisition will be integrated into S&P Global Ratings and further expand the breadth and depth of its second party opinions (SPOs) offering.…
Gurugram-based consumer nutrition platform, HealthKart, has raised $135 million in a Series H financing round led by Temasek. The startup will utilise the funding to expand in international markets and shore up cash to buy firms. The startup, which also counts Sequoia India, Sofina and IIFL among its backers, has raised about $225 million to…
Infosys, a global leader in next-generation digital services and consulting, announced a new proximity center in Sweden. With this investment, Infosys aims to enhance its localization strategy in the Nordics by bringing next-generation digital offerings to its clients in the region, as they navigate the next stage in their digital journeys, a statement said. Over the…
Bengaluru-based startup KreditBee has raised $80 million as part of its ongoing Series D round from existing investors Azim Premji’s Premji Invest, Motilal Oswal Alternates, TPG-backed NewQuest Capital Partners, and Mirae Asset Ventures. MUFG Bank also participated in the current funding round. The company will use the funds to diversify its product portfolio and strengthen…
LRN Corporation (LRN), the leader in ethics and compliance solutions that enable organizations to inspire principled performance, announced that it has acquired the Compliance Learning business unit (“Compliance Learning”) from Thomson Reuters, further enhancing LRN’s global reach, solution offerings and international client base. With the acquisition of Compliance Learning, LRN has further established its position as…
Accenture has acquired Fiftyfive5, a customer insights and advisory business. The move will strengthen Accenture Song’s (formerly Accenture Interactive) ability to help clients tap data insights and performance marketing to accelerate growth and innovation across Australia and New Zealand. Mark Green, Accenture Song’s Australia and New Zealand lead, said: “Clients are struggling to keep up with the…
HRtech startup, iXceed Solutions, has announced its massive international expansion drive by adding a new client base and venturing into Southeast Asia, North America. Additionally, iXceed Solutions plans to open additional delivery centers in north India and expand its South Indian presence as well. During the pandemic downturn, the world witnessed high activities in the…
Locus, a leading-edge technology company that provides excellent solutions for last-mile logistics, announced that it has expanded its presence in Mexico. This operational expansion is in line with the company’s commitment to enable companies to transform their last-mile processes into centers of growth, a statement said. Locus provides a real-world shipping management solution that helps…
IppoPay Technologies, a verticalized payments infrastructure company, said in a statement that it has acquired the business of Roamsoft Technologies Pvt Ltd, a fintech focused IT products and services company located in Tamil Nadu, for an undisclosed amount. Roamsoft, headquartered in Chennai, is primarily engaged in the business of developing products and providing technology services…
Agritech startup DeHaat has raised $60 million (around Rs 486 crore) from investors, including Temasek to expand its business. The company offers end-to-end agricultural services to farmers, according to PTI report. In a statement, DeHaat said “it has raised $60 million in a new financing round.” Sofina Ventures and Temasek co-led the Series E funding,…
Zetwerk Manufacturing, the global source of manufacturing across industrial and consumer products, announced it has acquired Unimacts, a leading manufacturing services company operating within various industries including industrial products, material handling, and renewable energy segments. Zetwerk’s acquisition of Unimacts will position the company for additional expansion and diversification, providing immediate access to marquee solar and…
Clearwater Analytics Holdings, Inc., a provider of SaaS-based investment accounting, reporting, and analytics solutions, completed its previously announced acquisition of JUMP Technology, a Paris, France-based provider of investment management software. With the addition of JUMP Technology, Clearwater Analytics positions itself to become an industry-leading provider of innovative, end-to-end solutions to investment management companies globally, a statement said. Companies…