Category: News

Unacademy acquires K-10 online tuition platform Swiflearn

Unacademy, India’s learning platform, has announced the acquisition of Swiflearn, an EdTech platform that provides live face-to-face online tuitions for CBSE & ICSE students of grades 1 to 10. The acquisition is in-line with Unacademy’s plans to strengthen its position in the K-12 category and optimise its product offerings in the space, according to a…

Spandana Sphoorty announces leadership change

Spandana Sphoorty Financial Limited (SSFL), India’s second-largest microfinance institution (MFI), announced the change in its leadership structure, following the resignation of Padmaja Gangireddy, Founder & Managing Director. The Board of Directors met today and accepted the resignation of Ms. Padmaja Reddy with immediate effect. The Board took note of her contribution in founding the Company…

MakeMyTrip Partners with IndiGo

MakeMyTrip has announced partnership with IndiGo to Launch Exclusive Air Charter Holiday Services to Phuket. Speaking on being the first to launch charter holiday services to Phuket, Vipul Prakash, Chief Operating Officer, MakeMyTrip shared, “Over the past few quarters our focus has been to build product and services that help make travel during the pandemic…

Apollo.io Raises $32M in Series B Funding

Apollo.io, the go-to-market acceleration platform for B2B companies, has raised $32M in a Series B funding round led by Tribe Capital, with participation from NewView Capital and existing investor Nexus Venture Partners. With the capital in hand, Apollo.io plans to expand its product and engineering teams to refine its technology. The round will also enable…

Moody’s Names Christine Elliott as Head of Global Corporate Affairs

Moody’s Corporation has announced that it has named Christine Elliott as Managing Director – Head of Global Corporate Affairs. In this newly created role, Ms. Elliott will lead Moody’s dialogue with key stakeholders, including employees, policymakers, government officials, and media. “As a global integrated risk assessment firm, it is of vital importance that we deliver…

The Hosteller lands $1M million in pre-Series A funding round

The Hosteller, backpacker hostel chains, has announced that it has secured $1 million in FAO ventures and CA Holding LLP led funding round. Investors including SUNiCON Ventures, Jito Angel network, Shubhkam Ventures, and FAAD Network also participated in the latest round. Speaking on the announcement, Pranav Dangi, Founder – Hosteller, commented, “People are looking for…

Accenture positioned as a Leader in IDC MarketScape: Worldwide Life Sciences Research & Development Vendor Assessment on IT Outsourcing

For the fourth consecutive time, Accenture is positioned as a Leader in the IDC MarketScape vendor assessment covering IT outsourcing (ITO) across the life sciences research and development (R&D) industry. The report, “IDC MarketScape: Worldwide Life Science R&D ITO Services 2021 Vendor Assessment” examines the current life sciences R&D ITO landscape, including industry and market…

Omega Healthcare Announces Senior Leadership Changes

Omega Healthcare Management Services, a provider of technology-enabled business process services across the healthcare ecosystem, has announced that Co-founder and current Chief Executive Officer Gopi Natarajan has decided to retire after 18 years of leading the firm. Co-founder and President Anurag Mehta has been appointed as the Company’s new Chief Executive Officer, effective November 01,…

Windsor Machines appoints Deepak Vyas as Company Secretary & Compliance Officer

Windsor Machines Limited, a company engaged in manufacture of plastic processing machinery, announced the appointment of Deepak Vyas as Company Secretary and Compliance Officer, effective November 01, 2021. According to the company’s exchange filing, “Pursuant to the above captioned subject and, we are delighted to inform that based on the recommendation of Nomination and Remuneration…

Rimini Street appoints seasoned technologist as CTO

Rimini Street, Inc., a global provider of enterprise software products and services, the third-party support provider for Oracle and SAP software products and a Salesforce partner, has appointed Eric Helmer as its chief technology officer (CTO) and announced the establishment of the Office of the Chief Technology Officer (OCTO). As CTO at Rimini Street, Helmer…

Yugabyte Closes $188 Million Series C Funding Round Bringing Valuation to Over $1.3B

Yugabyte, the open source distributed SQL databases platform, has announced that it has closed $188 million in an oversubscribed Series C funding round. The round, led by Sapphire Ventures, includes participation from Alkeon Capital, Meritech Capital, and Wells Fargo Strategic Capital, as well as existing investors Lightspeed Venture Partners, 8VC, Dell Technologies Capital, Wipro Ventures,…

Yokogawa Acquires Insilico Biotechnology

Yokogawa Electric Corporation has announced that it has acquired all shares of Insilico Biotechnology AG, a Stuttgart, Germany-based developer and provider of bioprocess software and services. A statement said, “Fostering the development of the bioeconomy is one of the priority issues within Yokogawa’s sustainability goals, and in line with that the company aims to leverage…

Tony Roybal Joins Abracon as New Chief Operating Officer

Abracon, LLC (Abracon) has announced the hiring of Tony Roybal as the company’s Chief Operating Officer. Roybal will join Abracon’s executive leadership team, reporting to CEO and President, Mike Calabria, and will have global sales and engineering teams reporting directly to him. Roybal began his career in 1991 as a Sales Engineer at Hamilton Avnet…

Rejove Announces USD 1 Million, First-round Funding

Rejove Clinique, a healthcare platform with expertise in dental, skin and hair treatments, has announced that it has raised USD 1 million, first-round of funding from a Singapore based VC. According to Dr. Priyanka Goyat, Orthodontist and Dentofacial Orthopaedic Surgeon/Cosmetologist & Founder of Rejové Clinique, “Since our inception in 2017, Rejové has emerged as a…

Permutive Raises $75M in Series C

Permutive, an audience platform for publishers and advertisers, which enables media to be traded in a privacy-safe way, has secured $75M in Series C from SoftBank Vision Fund 2. It brings Permutive’s total raised to date to $105M, with previous investors EQT Ventures, Octopus Ventures, and ACE & Company also participating. “Publishers are the foundation…