Brightcom Group announced the appointment of Satish Cheeti as President & Division Chief of the recently announced division Brightcom Audio. Satish Cheeti previously served as the CEO of Ramky Reclamation and Recycling Ltd, part of Ramky Group. He started a formal recycling business, as a subsidiary of India’s largest waste management company and also led…
Sapio Analytics, an artificially intelligent support system for governments and citizens, and KGS Microsystems LLP have entered into an agreement of commitment for acquisition of KGS Microsystems LLP, at an undisclosed sum. “The anonymized intelligence driven out of the digitization by KGS Microsystems LLP, and its deep trust-based access to various clients in law enforcement,…
BrightChamps, a global platform for kids to learn next-generation skills has recently announced that it has raised $63 million to emerge as one of the fastest growing Edtech startups to reach a valuation of nearly half a billion dollar in little over a year, according to a statement. The investment round saw contributions from multiple…
Centrical, a global software as a service company and next-generation employee engagement and performance management platform, has named former SAP executive April Crichlow as Chief Marketing Officer. “As part of our aggressive expansion strategy and a move reimagine work with our clients, we sought a world-class marketing leader with category-building experience and a proven track…
HealthHelp, a WNS company and specialty benefits management company independent of health plan ownership, and Covera Health, the healthcare quality analytics platform, has announced a new strategic partnership. A statement said, “The agreement will extend the value of HealthHelp’s Diagnostic Imaging program through the integration of Covera’s national Centers of Excellence (CoE) program, increasing access…
Cendyn, the provider of cloud-based software and eCommerce services for the hospitality industry, has entered into a merger agreement with Pegasus, a provider of revenue and distribution solutions for the hospitality industry. According to a statement, the combination of both companies provides hoteliers with a platform to maximize their direct-booking channel and enhance the guest…
GlobalBees has announced two more investments as new-age brands, Yellow Chimes, a fashion jewellery brand and Absorbia, an innovative home care brand, join its portfolio. The founders along with a 29 member team of Yellow Chimes and 7 member team of Absorbia, will become a part of GlobalBees family. With this acquisition, GlobalBees has forayed…
Fintech startup CredAble appointed Manu Prakash as Executive Director & Head – FI Coverage & Partnerships. Manu is a seasoned trade finance professional and comes with over 16 years of experience in the banking industry, the statement said. From working for major financial institutions like HSBC, Standard Chartered and ICICI to heading Trade and Product…
Subway, the restaurant brand, has announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused private investment firm. The agreement is one of the largest master franchise agreements in QSR history, according to a statement. “Today’s announcement represents a significant…
Pet food platform Dogsee Chew, based in Bengaluru, has announced that it has secured $7 million in pre-series A funding round Sixth Sense Ventures. Speaking on the announcement, Nikhil Vora, CEO of Sixth Sense Ventures, commented, “Globally, petfoods is much larger than most FMCG categories like oral care and baby foods. The Indian pet food…
Visa, the digital payments platform, has announced that it is looking for startups from across Asia Pacific to join the second cohort of their accelerator program. According to a statement, “the Visa Accelerator Program focuses on helping startups in Asia Pacific expand their business into new markets with a strong emphasis on identifying commercial opportunities…
Nautilus Biotechnology, Inc., a single-molecule protein analysis platform, and Abcam, a global innovator in life sciences research tools, has announced a strategic development and supply partnership. “We are excited to be working closely with Abcam to build reagents that we believe will further enhance our proteomic analysis methods,” said Sujal Patel, co-founder and CEO of…
Cordillera Holdings LLP, a newly created insurance-focused investment platform, has announced that on November 1st, it had through its subsidiary, Bona Holdings LLC, completed the acquisition of Sunset Life Insurance Company of America with veteran annuities industry executive Nathan Gemmiti serving as Chief Executive Officer of the Carrier. The initial capital for the acquisition and…
WhiteSpace Health has announced a $18 million investment from parent company, Omega Healthcare, that is backed by investment funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Everstone Capital, to accelerate the product roadmap of its AI-driven Revenue Intelligence Platform and the expansion of its selling engine. According to Gautam Char, President and CEO…
Hyatt Hotels Corporation has announced that Hyatt has completed the previously announced acquisition of Apple Leisure Group® (ALG), a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC. According to a statement, “through this acquisition, Hyatt has added properties in 11 new European markets and expanded…