Wardwizard Foods & Beverages Ltd (formerly known as Vegetable Products Ltd) has plans to enter in to high-quality food and beverage products, as its strategic move, announces that the company is actively in process of acquiring two food brands, VIZ: Yeppy Foods and Safpro. Ward wizard is committed to expanding its business and becoming a…
B2B wealthtech startup Centricity announced it has raised $4 million in a funding round led by the Burman family office, Shantanu Agarwal (LNJ Bhilwara group), and Arun Jain (Intellect design arena/founder-Polaris Software Labs) at a valuation of $20 million, according to ETtech report. Started in 2022 by former Senior Private Bankers, Centricity aims to build…
Accenture has disclosed its intention to acquire Stellantis’ World Class Manufacturing Training & Consulting business, a center of excellence that supports process optimization in manufacturing and the supply chain. The acquisition would allow Accenture to integrate the World Class Manufacturing (WCM) methodology in its solutions that help clients transform their production and supply chain networks to be…
Dare Ventures, the venture capital arm of Coromandel International Limited has announced its third investment this year into a differentiated drone startup, Dhaksha Unmanned Systems Private Limited. The company plans to use this funding for talent acquisition, R&D and production scale up. Dhaksha, one of the forerunners in the drone space in India, provides a…
Singapore-headquartered Everstone Capital, private equity arm of the Everstone Group, (Everstone) announces the acquisition of a controlling stake in Softgel Healthcare (SHPL), a specialized niche dosage form focused manufacturing player catering to the global nutraceutical, pharmaceutical and OTC segments. This partnership aims to transform SHPL into a scaled, diversified, and globally recognized contract research, development,…
Procurement management software Procol has raised Rs 51 crore in funding from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital, and Anchorage Capital, according to ETtech report. Founded in 2018 by Gaurav Baheti and Sumit Mendiratta, Procol is a procurement technology company that helps enterprises streamline their manual procurement processes across their fragmented small…
PickMyWork, a startup that assists digital companies to acquire end customers (individual users and merchants), has announced raising $1Mn in Seed round. The round led by SOSV’s Orbit Startups witnessed participation from an array of esteemed investors including Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888 Network, Imperier Holdings and…
Fuel Aggregator Startup Nawgati Raises funds at $4 Mn valuation From MapMyIndia. The startup will use the funding to launch their flagship offering “Aaveg” nationwide, a statement said. “Nawgati’s vision is to provide our end consumers with a seamless fueling experience and at the same time, provide complete operational oversight to fuel companies. The recent…
IXL Learning, developer of personalized learning products used by millions of people worldwide, announced it has acquired Emmersion, the Utah-based leader in certifying language ability through artificial intelligence. Emmersion’s platform has conducted millions of automated assessments for corporate and educational institutions, including The World Bank, Randstad, Columbia University, Brown University and the University of Pennsylvania, providing valuable data insights into language…
Yulu, India’s market leader in shared electric Mobility-as-a-service (MaaS) and Battery-as-a-service (BaaS) businesses, announced infusion of $82 million (Rs 653 cr) in Series B funding, led by mobility technology company, Magna International Inc, according to Financial Express report. This funding is primarily for strengthening Yulu’s product and technology innovation and increase its EV fleet to…
Happiest Minds Technologies Limited, a digital transformation and IT solutions company has announced the expansion of its Noida facility (Smiles 5) increasing its delivery capacity and leveraging the area’s diverse high-technology talent pool. With the additional facility, the Company will have a capacity of 450 in the NCR region, a statement said. Venkatraman Narayanan, MD…
Titagarh Wagons Limited (TWL) announced that the Government of Italy, through its investment arm – Invitalia has taken a strategic stake in Titagarh Firema Spa (TFA), the subsidiary of Titagarh Wagons Limited. Titagarh Firema was acquired by Titagarh group in 2015. Government of Italy will subsequently own 30.30% stake in Titagarh Firema, for an investment…
True Global Ventures 4 Plus (TGV 4 Plus) Fund and TGV 4 Plus Follow On Fund (TGV 4 Plus FoF) today announce a US$17.2m convertible note investment into Animoca Brands out of a total raise of US$110m. Other investors included Boyu Capital, Singapore’s Sovereign Wealth Fund Temasek and GGV Capital. The investment comes after Animoca Brands’ second closing…
Isovalent announced it has closed a $40M Series B funding round led by Thomvest Ventures. M12 (Microsoft’s Venture Fund) and Grafana Labs joined Google and Cisco as existing strategic investors in the company, highlighting the central position that Isovalent occupies in the eBPF and broader cloud native ecosystem. Additional investors include Andreessen Horowitz, Mango Capital, and Mirae…
Quick service restaurant chain Wow! Momo Foods said it has raised Rs 125 crore from OAKS Asset Management, according to PTI report. The firm, which operates three brands — Wow! Momo, Wow! China and Wow! Chicken, said the funding is “part of a two tranche-raise with the second one being planned with another VC Fund”.…