Category: News

Atheneum Raises $150M in Growth Capital to Accelerate Global Expansion

Atheneum, a fast growth B2B Research Technology platform, has announced that it has secured $150 million led by Guidepost Growth Equity with participation from select Limited Partners, as well as existing investors, Crosslantic Capital Management, Michael Brehm, Vogel Communications Group, and the Founding Management team of Atheneum. Roshen Menon and Chris Cavanagh, general partners of…

Workstream Raises $48 Million Series B

Workstream, a hiring platform and mobile app that streamlines the sourcing and onboarding of hourly workers, has announced that it has raised $48 million in Series B funding. This announcement comes on the heels of the company filling more than 18,700 jobs, which represents more than 2.5% of total private jobs added, in July 2021.…

Sporjo secures $2M in pre-Series A funding

Sports-focused startup Sporjo has announced that it has secured $2 million in pre-Series A funding round. The announcement also said Leander Paes will join the board. The round saw participation from private investor Chairman of Punit Balan Group and Punit Balan Studios – Punit Balan, along with other investors. G Srinivvasan told to YourStory, “I…

Analog Devices Completes Acquisition of Maxim Integrated

Analog Devices, Inc. has announced the completion of its previously announced acquisition of Maxim Integrated Products, Inc. According to a statement the combination further strengthens ADI’s position as a high-performance analog semiconductor company with trailing twelve-month revenue of over $9 billion1, industry margins, and free cash flow of over $3 billion1 on a pro forma…

Maruti Suzuki MAIL programme; entries open for 6th cohort

Maruti Suzuki India Limited (MSIL) welcomes applications for the sixth cohort of its Mobility & Automobile Innovation Lab (MAIL) programme. Early-stage startups working in mobility and automobile space are eligible to participate. According to a statement, “The winning startups will get an opportunity to undertake a paid Proof of Concept (PoC) with the Company. These…

Workera.ai Raises $16M in Funding Led by NEA

Workera.ai, the first precision upskilling platform, has announced that it has completed a $16M Series A. This latest round of funding follows a seed round of $5M in October 2020. The Series A was led by New Enterprise Associates (NEA) alongside existing investors Owl Ventures and AI Fund, as well as AI luminaries Richard Socher…

DeFi Lending Protocol Euler Closes $8M Series A Round Led By Paradigm

The developers of Euler, a lending protocol that allows users to create their own lending markets in a permissionless fashion, has announced that they have completed an $8 million Series A round led by Paradigm. The new funding will help to grow the Euler developer team in anticipation of the protocol’s launch later this year…

Jane Technologies, Inc. Raises $100M in Series C Funding

Jane Technologies, Inc., the cannabis industry’s e-commerce provider, has announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham Green Partners, L2 Ventures, Delta Emerald Ventures and Artemis Growth Partners. Jane previously raised $30 million in funding, bringing the…

S4M appoints Armelle Quenard Chief People Officer

S4M, a drive-to-store platform for tier-1 retailers, restaurants & auto dealerships, has announced the appointment of Armelle Quenard as Chief People Officer to lead the company’s human resources strategy and development. Armelle started her career at telecommunications giant Bouygues Group, where she spent 12 years as HR Generalist for their Bouygues Telecom subsidiary. She then…

Axtria to hire 1,000-1500 Data Scientists and Engineers in the next two years

Axtria, a global cloud software and data analytics provider that helps life sciences businesses bring therapeutics to the market faster, said that it is expanding its business operations in India. Axtria recently received a $150 million growth investment from Bain Capital Tech Opportunities. A part of the capital will be infused into India operations to…

SuperGaming raises $5.5 million in a Series A funding

SuperGaming, a game development company, has announced its Series A funding of USD 5.5 million led by Skycatcher, and included AET Fund (venture arm of Akatsuki), BAce Capital, Dream Incubator, 1Up Ventures, and Monish Darda. The new corpus will support SuperGaming’s talent expansion by 60% to build its publishing division, market existing titles, and launch…

DRIFE Appoints Siddharth Bhatia As Chief Scientist

DRIFE, the world’s first decentralised ride-hailing platform, announced the appointment of Siddharth Bhatia as its new Chief Scientist. Having previously worked with Google Research, Amazon and Microsoft Research, Siddharth brings vast ‘big tech’ experience to help enhance the technology powering the DRIFE platform. This announcement follows DRIFE’s historic IDO/IEO launch that has set the project on a trajectory…

Indiagold bags $12 mn funding from PayU, others

Indiagold, the New Delhi-based gold-based lending platform, announced it has raised $12 million in fresh funding led by PayU, the financial technology arm of Prosus NV, and Alpha Wave Incubation, according to ETtech report. Better Tomorrow Ventures, 3one4 Capital and Rainmatter Capital as well as existing investor Leo Capital participated in the funding round. The…

KKR announces acquisition of Ritchies Transport

Ritchies Transport Limited, a leading transportation operator in New Zealand with an 86-year heritage, and KKR, a global investment firm, announced the signing of definitive agreements under which KKR will acquire Ritchies. The investment – which marks KKR’s first infrastructure investment in New Zealand – will be used to advance the Company’s mission to better connect local communities, support…

Viaan Industries appoints Shaiju Nair as Managing Director

Viaan Industries Limited, an entertainment company founded by entrepreneur Raj Kundra and his celebrity wife Shilpa Shetty Kundra, announced that it has appointed Shaiju Nair as Managing Director of the company, effective 27th August, 2021. The company has also appointed Ganpati Chaudhary as an Additional Director. According to the company’s exchange filing, “the Board via…