Decentology, a blockchain startup, has announced its plans to build the Hyperverse, an open, blockchain-agnostic, decentralized, marketplace for composable smart contracts, after raising $4.3 million in seed funding. The company is backed by crypto investors including Dapper Labs, Borderless Capital, Good News Ventures, Berezka DAO, Synaps, Animal Ventures, and Kosmos Capital. In addition, Decentology has…
Locus, a technology platform that uses AI, ML and proprietary algorithms to automate complex supply chain decisions, announced it has appointed Dan Vanden Brink as Vice President Product Strategy. In this new role, Daniel will lead the execution of product strategy and go-to-market for Locus’ product portfolio across geographies. He brings with him rich experience…
Accenture has acquired Xoomworks Group, a consulting and technology company that specializes in procurement technology, digital innovation and software solutions development. The acquisition will expand Accenture’s capabilities for helping clients accelerate technology-led business and procurement transformation. Terms of the transaction were not disclosed, the statement said. Established in 2000, Xoomworks operates two distinct businesses: Xoomworks Procurement, a specialist…
Entertainment platform OnMobile has appointed Sanjay Baweja as Managing Director & Global CEO of the company. In his long career, Sanjay has played key roles in Mergers & Acquisitions across geographies. His last assignment was as Group President for the Bhartiya group, responsible for all group strategic initiatives, exploring new tie-ups and business transformation. He…
MADworld, the Multiverse Artist Defender, has announced that it has closed a private token sale of it’s UMAD token. The token sale was led by Animoca Brands with participation from industry veterans such as Master Ventures, SMO Capital, Libra Capital Ventures, Chiron Partners, Lotus Asset, AC Ventures, AVATAR; managed by Avalanche Foundation’s Asia team and…
Otipy, India’s community group buying startup for fresh fruits and vegetables, has announced the appointment of veteran leader Hari Goyal as Advisor to build the Grocery category. The company had recently raised a $10.2M Series A round by SIG and Omidyar. Hari comes with three decades of extensive experience across retail giants like Vishal Megamart,…
Pismo, the cloud-native core banking and payments platform, has announced the signing of a $108 million Series B fundraising round, led by SoftBank Latin America Fund, Amazon and Accel with participation from B3, Falabella Ventures and PruVen and existing investors and Headline and Redpoint eventures. The funding will fuel the company’s global expansion and accelerate…
Excelra, a data and analytics provider for Life Science organizations, has announced the appointment of Sudip Nandy to the company’s board of directors effective 1st October 2021. Mr. Nandy is currently a Senior Advisor, and has previously served as Managing Director and Operating Partner at private equity firm ChrysCapital, an investment firm with approximately $4…
Deel, the remote hiring company, has announced that it has raised $425 million in Series D funding, taking the total amount raised by the company to over $630 million. The latest funding round values the company at $5.5 billion. This new funding round was led by US-based Coatue, with partners Rahul Kishore and Lucas Swisher…
Jarvis Invest, India’s Artificial Intelligence Based Equity Research & Advisory Model, registered by SEBI has raised a pre-series round of over $1 Million led by BNP Investments LLC, investment consulting and financial services firm. Mumbai based start-up Jarvis Invest aims to make equity investments feasible to every household, improve its accessibility, provide unparalleled advisory, and offer technology…
Acronis, a global cyber security and data protection platform, has announced that Paul Maritz has been appointed as the Chairman of the Board of Directors, effective September 21, 2021. Maritz will be responsible for the governance and leadership of Acronis as it strengthens its position in the service provider market preparing for significant growth in the future. Earlier…
Marlabs Inc., a digital solutions company, has announced that it has joined the Infor Partner Network (IPN) and will offer Infor’s cloud-based software solutions (CloudSuites) to its distribution and manufacturing industry customers. Marlabs will provide Infor’s CloudSuite Distribution solutions, as well as solutions powered by the Infor LN and Infor M3 ERP (Enterprise Resource Planning)…
Government advisory firm Sapio Analytics, headquartered in Mumbai, has taken controlling minority stakes in a public company, with an aim to expand its depth of reach to citizens of India. The acquisition is in form of a conditional agreement with payment in tranches, according to the statement released by the company, keeping the name of…
CSS Corp, a global customer experience and technology services provider, and Cloudwiry, a global cloud technology company, have announced a strategic partnership to develop joint go-to-market programs and solutions to provide cloud governance, cost-optimization and application modernization services, according to a statement. “Inadequate cloud cost governance and architectural inconsistency are widespread challenges in the industry,…
Boston based FinTech company, Tera, has launched a full-stack AI powered finance automation platform to help businesses save time and money by offering a unified experience in managing banking, corporate cards, spend, payments, according to a statement. “Today, businesses are looking for ways to take greater control of their finances following the global pandemic and…