ICF, a global consulting and digital services provider, announced that it has completed the acquisition of SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions. The company announced its intent to acquire SemanticBits last month. ICF plans to provide updated financial guidance for full-year 2022, which will include the expected contribution from…
Cipla Limited (Cipla) announced that Cipla Health Limited (CHL), wholly owned subsidiary and consumer healthcare arm of the Company has signed definitive agreements for acquisition of Endura Mass, a renowned nutritional supplement brand in the category of weight gain from Medinnbelle Herbalcare Private Limited. Endura and all other associated trademarks would be part of the…
Pia Johnson, a hospitality and lifestyle industry leader, and the former director of Indiabulls, has revealed her plans to expand the presence of her designer furniture brand ‘Ikaigai’, across India. She recently launched a hospitality venture “Johnson Lodge & Spa” together with Mehul Johnson, JMD, Indiabulls. She is very bullish over the unfolding growth scenario…
Applied Cloud Computing (ACC), an emerging leader in the cloud technology space, announced expanding its global footprint with the launch of its operations in the United Kingdom with a centre in London. This is ACC’s fourth centre in the international market after having been established in UAE, Indonesia, and Estonia. This expansion will help in…
Accenture has agreed to acquire The Stable — a commerce agency focused on helping consumer brands build and operate their own digital commerce channels as well as manage their brand and sales performance across key North American retailers. The agreement reinforces Accenture’s continued investments in commerce to help clients accelerate growth and sustain relevance, the statement said. The…
Dark Pulse, Inc. (DarkPulse), a technology company focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented BOTDA dark-pulse sensor technology for assessing the health and security of infrastructure, announced it has signed an LOI for the acquisition of Om Optel Industries Pvt. Ltd., a Fiber Optic Cable and…
Infosys, a global leader in next-generation digital services and consulting, announced a definitive agreement to acquire BASE life science, a leading technology and consulting firm in the life sciences industry, in Europe. “The acquisition reaffirms our commitment to help global life sciences companies realize business value from cloud-first digital platforms and data, to speed-up clinical trials…
Content monetisation platform ConsCent has raised $1.75 million (about Rs 14 crore) in a funding round led by Inflection Point Ventures, according to PTI report. Early stage funds Varanium Capital, RiSo Capital, SucSEED Innovation Fund, Sigurd Ventures, AngelList, PitchRight Ventures, and angels like Quess Corp’s Vijay Sivaram, former Rivigo Co-founder Gazal Kalra etc also participated…
Appventurez, a mobile application development company, announced it has set up its first overseas office in Amstelveen, Netherlands. Appventurez aims to hire over 50 consisting of engineers and digital technology specialists with a focus on low-code and no-code app development in the Netherlands in FY 2022-23, a statement said. As the expansion is going underway,…
Lightspeed Venture Partners (Lightspeed) announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (Fund XIV) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (Select Fund V) with $2.26 billion, and Lightspeed Opportunity Fund II, L.P. (Opportunity Fund II) with $2.36 billion of committed capital. Separately, Lightspeed India Partners announced the closing of a $500M…
AMS (formerly Alexander Mann Solutions), the global provider of talent outsourcing and advisory services, announced the acquisition of FlexAbility, its longstanding Recruitment Process Outsourcing (RPO) partner in India, from the shareholders of firm ABC Consultants, the pioneer of recruitment services in the country. FlexAbility, renamed FlexAbility by AMS, will operate within the AMS global platform.…
GyanSys Inc. (GyanSys), a systems integrator headquartered in Indiana, announced the acquisition of SouthEnd Group Corporation (SouthEnd), a privately held firm with operations & delivery centers in Argentina and Brazil. This acquisition expands GyanSys’ geographic footprint to meet growing customer needs of worldwide delivery, deepens GyanSys’ portfolio of sourcing and procurement advisory services, and its…
Solar financing platform Aerem has raised $2.5 million in funding led by Blume Ventures. The capital will be used for growing the loan book, building the tech platform to enable end-to-end digital and seamless interaction with various stakeholders, and hiring teams, including leadership in technology, product, finance, and operations. “Aerem’s aim is to democratise the…
Arise, the digital healthcare company enabling comprehensive care for eating disorders, mental health, and long-term healing, has launched today after raising over $4 million in a seed funding round. Arise is building a virtual-first care model to reach and engage more of the 30 million Americans who will experience an eating disorder in their lifetime — 80-90% of whom will…
Klarna, the global leader in the generational shift away from credit cards, announced the closing of a new $800m financing at a $6.7bn post-money valuation. The financing attracted strong support from both existing and new investors and will primarily be used to expand Klarna’s leading market position in the United States. Sebastian Siemiatkowski, CEO of…