Accenture is to acquire ALBERT Inc., after completing a tender offer. The acquisition will add a large team of data scientists to Accenture to further strengthen its data and AI capabilities for clients. Upon completion of the transaction, ALBERT will be part of Accenture, a statement said. ALBERT offers AI and big data analytics services, AI-based algorithm…
YAHAHA Studios (YAHAHA), the community focussed user-generated content (UGC) metaverse, has announced it has secured a Series A+ investment of USD 40M. The new funding round was led by Temasek and Alibaba and includes investment from 37 Interactive Entertainment. The raise will be used to further grow the YAHAHA product, community, headcount and ecosystem. Since launching…
Inventor and Entrepreneur Sanandan (Sandy) Sudhir, who created quite some ripples in Shark Tank with the world’s fastest cooking device, has declared that his startup On2Cook India Pvt Ltd has secured seed funding of over 2 Million USD. The funding round was led by angel investor Dr Mayur Desai, who infused the first tranche of…
KKR, a global investment firm, and Serentica Renewables (Serentica), a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, today announced the signing of definitive agreements under which KKR will invest $400 million in the Company. Serentica looks to deliver round-the-clock clean energy solutions for large-scale, energy-intensive…
doola announced that they have raised $8M in funding to continue helping entrepreneurs around the globe turn their dream idea into their dream US business. This new funding round was led by Nexus Venture Partners with participation from the Y Combinator Continuity Fund and more. “It’s time for entrepreneurs to shift their attention from admin…
SeQuent Scientific Limited (SeQuent), India’s leading animal health company with a strong presence in veterinary formulations and APIs, has signed a definitive agreement on 07 November 2022 to acquire 100% stake in Tineta Pharma Private Limited (Tineta), a company incorporated in India. India is a strategic market for SeQuent, and this acquisition will give a…
Wipro Limited, a leading technology and consulting services company, and VMware, Inc. announced an extended collaboration to help mutual customers accelerate their digital journey and maximize their VMware Cloud investments. As part of this expanded relationship, Wipro will launch a new dedicated VMware-focused business aligned to Wipro’s broader strategy of driving growth through strategic partnerships. The…
CSC announced that it will complete the acquisition of Intertrust Group, as set out in further detail in the joint press release issued by CSC and Intertrust Group. The acquisition marks an important milestone for CSC, which now will do business with more than 90% of the Fortune 500, more than 90% of the 100 Best Global…
NetApp, a global, cloud-led, data-centric software company, announced the opening of its new international headquarters in Cork, Ireland. The office is in Navigation Square within Cork’s Docklands, Ireland’s largest and most ambitious urban regeneration project. The new international headquarters will serve NetApp’s international commercial, sales, and technology operations, expanding the company’s ability to support its…
D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand ‘Luxura Sciences’. Through this acquisition, D2C Ecommerce will expand in personal care and beauty segment, strengthen Luxura Sciences’ product offerings by investing in newer categories and foray into global markets including US, UK, Middle East, South East Asia and Europe, the…
Kirloskar Ferrous Industries Limited (KFIL), one of the leading castings and pig iron manufacturers in India, announced the Scheme of Arrangement and Merger to amalgamate and consolidate the entire Undertaking business and operations of Indian Seamless Metal Tubes Limited (ISMT). Commenting on the merger, Atul Kirloskar, Chairman, KFIL, said, “We acquired ISMT in March 2022,…
NIIT Limited (NIIT), a global talent development corporation and leading provider of managed training services, announced that it has acquired 100% membership interest in St. Charles Consulting Group LLC (StC) through its wholly owned subsidiary, NIIT (USA), Inc. Headquartered in St. Charles, Illinois, StC is a leading provider of consulting, design, and implementation solutions for…
AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, announces the opening of ‘Chennai 1’ hyperscale data center campus located at SIPCOT IT Park in Chennai, India. In Phase 1, the campus offers 17 MW (IT Load) that will scale up to 33 MW (IT Load) at full capacity. The ‘Chennai 1’ campus hosts Tamil…
WalletConnect, the web3 communications protocol company, announced that it has raised $12.5 million in an ecosystem round, with participation from Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, Polygon, Uniswap Labs Ventures, Union Square Ventures, 1kx, HashKey, Foresight Ventures, and others. The ecosystem round lays the groundwork for WalletConnect’s future development, forging the strategic partnerships that will contribute to the creation of the WalletConnect Network, a decentralized…
Engineering services firm, Quest Global, announced the acquisition of Adept, a product design house with robust capabilities in the semi-conductor, automotive, and hi-tech verticals. This transaction accelerates Quest Global’s growth by scaling its operations and advancing its capabilities to provide innovative and digital solutions to its customers around the globe. With locations in Bengaluru, Hyderabad and Vizag…