Boomi, the intelligent connectivity and automation company, announced the expansion of its cloud data center footprint in Japan to accelerate the deployment of its category-leading integration platform as a service (iPaaS) solutions as demand across Asia-Pacific continues to grow. According to a Japan Keyman’s Net survey on the usage of iPaaS, due to the rapid…
Oxane Partners, a technology-driven solutions provider to private markets, announced the launch of their new office in the HITEC city of Hyderabad in India. This new set-up is the fourth office location for the firm and the second one in India, with additional offices in London, New York, and Gurgaon. The firm was founded in 2013…
Career-focused Edtech Platform Geekster has raised USD 1.30 mn (INR 10 CR) in a Pre-Series A round led by Inflection Point Ventures with participation from MyNavi Corporation,Japan. Existing investors We Founder Circle and Ah Ventures also participated in the round. The brand has raised a total of USD 1.5 mn including the current round. The fund raised will…
Fintech startup Backspace Tech announced that it has raised $450 K USD from strategic investors. The names include Mohan K & Jai Kumar, Founders of Ippopay (Fintech), Omar Bin Brek, UAE-based founder of Foloosi (fintech) along with M2P Founders and Other Angel Investors. Backspace Tech, founded by Praveen Krishna Dev, Vishwanath Vijayan and Karthick Sivaram…
Flip, the next-generation e-commerce platform combining a TikTok-like discovery experience with a premium e-commerce service, announced a $60 million Series B funding round at a valuation of $500 million. The funding round was led by WestCap with participation from previous investors Mubadala Capital and Streamlined Ventures, bringing the company’s total capital raised to $95 million. “Our thesis…
Chennai-based agritech startup Veg Route has raised seed funding of $1.1 million led by VGROW Ventures from the US along with Ravi Shankar Kathirvelu, Chief Business Officer, Venture Partner, and Investor also with Founders of Chennai-based Fintech Startup Ippopay – Mohan K and Jai Kumar, Hari TN Co-Founder Artha School of Entrepreneurship and Abhishek Raj…
Shiprocket announced acquisition of Arvind’s omnichannel technology business – Om uni. The transaction will be carried out as a combination of stock and cash for total consideration of Rs. 200 crores. The combination of both entities will facilitate quick, efficient deliveries of shipments from the nearest store or warehouse, significantly reducing delivery timelines and enhancing…
Tube Investments of India Limited announced it has formed a 100% subsidiary viz. TI Clean Mobility Private Limited (‘TICMPL’) to consolidate and focus on its clean mobility ventures. TICMPL has existing interests in 3-wheeler electric vehicle and electric tractors (operated through its subsidiary Cellestial E-Mobility Private Limited). ln line with its vision to pursue clean…
Mastek, a Digital Engineering and Cloud Transformation provider, announced the signing of a definitive agreement to acquire MST Solutions. MST Solutions is based in Chandler, AZ, and is an independent Salesforce consulting partner in the Americas region. MST is a trusted partner to several Fortune 1000 and large enterprise clients. MST has built a strong…
Jodhpur based PritiHome, an Indian local furniture & lifestyle startup brand that offers interior collections for homes, announced its plans for launch of offline stores. Aiming to target the potential customers who prefer purchasing from offline stores, the furniture company is expanding its offline presence in major cities across the country. The company has become…
Climate-smart deeptech startup Ecozen announced that it has raised INR 54 crore of additional funding as the first tranche of a planned INR 200 crore Series C round. The new funding round was led by Dare Ventures, the venture capital arm of Coromandel International, with participation from existing investors Caspian and Hivos-Triodos Fonds (managed by…
L&T Realty, the real-estate development arm of Larsen & Toubro, announced its expansion plans in Mumbai market to drive growth. The company has entered into a binding agreement to jointly develop projects in South Mumbai, Western Suburbs and Thane worth Rs 8,000 Cr, with development potential of 4.4 million square feet. This is a part…
India’s fastest growing accelerator, Marwari Catalysts has always been playing a pivotal role in building the startup ecosystem in the country. It is enabling startups across geographies and industries to realise their vision in a seamless manner, thereby connecting the dots in the startup ecosystem. It has been acting as a bridge between startups and investors, effectively…
BriBooks, an AI powered writing and publishing platform for children, announced that it has exited stealth mode and has raised USD 1.5 million in pre-seed funding. Amidst the unprecedented disruption in education, caused by COVID-19, BriBooks takes on one of the world’s major education problems – children stopped reading and writing for pleasure and the…
Chetu, a developer of custom software solutions, announced the latest expansion of its international offices as the company opens a new software delivery center in Noida, India. To accommodate the sustained growth of its global operations, Chetu has expanded its development capabilities in India by opening up a new software development facility at its A-206…