QYOU Media Inc. has announced that its USA based influencer marketing business unit has named Glenn Ginsburg President of QYOU USA. Mr. Ginsburg will be responsible for all overall aspects of the business including sales, operations, talent, creative and business development. QYOU USA’s expanding client portfolio includes Universal Pictures, CAPCOM, Disney/ FX Networks, Paramount, Sony…
Pickrr, a SaaS-based logistics start-up, has announced the unveiling of four more fulfilment centers in Ghaziabad, Lucknow, Guwahati, and Hyderabad, taking the total number to ten across the country. The company plans to launch six more hubs in November and December 2021. Currently, Pickrr has its presence in Gurgaon, Mumbai, Bangalore, Kolkata, Ghaziabad, Lucknow, Guwahati,…
Comscore, a partner for planning, transacting, and evaluating media across platforms, has announced that it has appointed Mr. Han Seng Lim as Comscore’s Client Services Lead Consultant SE Asia. The role will add strength and experience to Comscore’s APAC region where Mr. Lim will continue to build on the relationships that Comscore established with both…
PrimeSoft, an IT solutions provider based out of Columbia, Maryland, United States, has announced the acquisition of Tejora Private Limited, a Mumbai-based IT services company. According to a statement, “Tejora’s innovative financial technology products and solutions such as Saffron Pay and Saffron Square have been adopted by major banks and financial institutions in India and…
The Estée Lauder Companies has announced the following updates to its Asia/Pacific leadership, which are effective February 1, 2022. Joy Fan will be promoted to President and CEO, China. She will report directly to Peter Jueptner in his new role as President, International, and she will remain a member of ELC’s Executive Leadership Team. Following…
Bombay Hemp Company Pvt. Ltd. has completed a strategic round of fundraising that will build upon its ‘first-mover advantage’ as the provider of holistic wellness products empowered by Ayurveda. “However, the real story is not just the quantum of funds that we have raised but the calibre of Investors that we have attracted,” stated Company…
Genesys International Corporation Limited, a provider of advance mapping, survey and geospatial services, has announced that it has taken a step towards strengthening its strategic business and technical capabilities. Recently, the company appointed globally key experts on their advisory board. The two new advisory board members joining Genesys are Paul Smith, an internationally recognized geospatial…
PayU Finance, which owns LazyPay, India’s Buy Now Pay Later solution and PaySense, a full stack personal loans company, has elevated Bhavik Kaul as the company’s Chief Product Officer (CPO), further strengthening its leadership team. He will be responsible for building and expanding the product portfolio aligned to PayU Finance’s ambition of creating a full-stack…
The Flipkart Group, India’s homegrown consumer internet ecosystem, announced its foray into the healthcare sector through the launch of Flipkart Health+. As part of this development, the Group has signed definitive agreements to acquire a majority share in Sastasundar Marketplace Limited which owns and operates SastaSundar.com, an online pharmacy and digital healthcare platform, as it…
Laurus Labs has signed an investment agreement with Immunoadoptive Cell Therapy Private Limited (ImmunoACT), an advanced cell and gene therapy company to acquire 26.62% stake (fully diluted basis) for a cash consideration of approximately Rs. 46.00 Crores, subject to the fulfilment of certain conditions. Additionally, senior management of Laurus Labs would also invest in ImmunoACT…
Inzpira, a recognized IELTS, communicative English (Spoken English) & Soft-skills training company, has announced that it has bagged Rs 2.3 crore in its seed funding round. The funding round was co-led by Raj Nair, Chairman, Avalon Consulting, along with Gopinath Latpate, Executive Director, JLL. Investors including Country Head – Retail Lending, HDFC Bank – Arvind…
Defy, a Bengaluru-based platform, co-founded by Sriharsha Setty, Bhagaban Behera, and Nakul Kelkar, has announced that it has secured $5.5 million in its seed funding round for Y Combinator-backed Walrus, its parent company. The funding round saw participation from JAM Fund, Goat VC, as well as Goodwater Capital. Gemba Capital, GMO Venture Partners, Night Ventures,…
Online travel platform EaseMyTrip announced the acquisition of Spree Hospitality-a hospitality management company in India. This is EaseMyTrip’s second acquisition where Spree Hospitality will add a new revenue vertical for the company and enable it to scale up its hotel and holiday portfolios rapidly, the statement said. Spree was founded in 2011 by Keshav Baljee,…
Route Mobile Limited (Route Mobile), a CPaaS (Communication Platform as a Service) provider to enterprises, over-the-top (OTT) players, and mobile network operators, announced that it has successfully raised ₹ 8,674.98 million via Qualified Institutional Placement (QIP). The QIP saw interest from a mix of international and domestic investors. Several existing and new shareholders participated in…
Accenture has completed its acquisition of BRIDGEi2i, an artificial intelligence (AI) and analytics firm headquartered in Bengaluru, India. The financial terms of the transaction were not disclosed. The acquisition, announced last month, strengthens Accenture’s global capabilities in data science, machine learning and AI-powered insights, and adds more than 800 deeply skilled professionals to Accenture’s Applied Intelligence practice. Founded in 2011 and…