Category: News

TCS enables post-merger integration of GE Transportation into Wabtec

Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, announced that it has helped Wabtec Corporation successfully complete the complex post-merger integration of GE Transportation’s core systems within the stipulated time, in the midst of the global pandemic, setting the stage for unlocking the business synergies arising from the merger. The…

OpenTeQ collaborates with Microsoft & Oracle for Digital Transformation

OpenTeQ, a Global Digital solutions & IT services firm, has joined hands with Microsoft & Oracle to accelerate digital transformation. A statement made by the company informed, “This partnership enables OpenTeQ to deliver a customized, highly optimized, best-of-both-clouds experience with their enterprise solutions. OpenTeQ can now create cross-cloud solutions including multi-application cloud deployment and integration,…

Burgiss appoints Head of Client Coverage for Asia Pacific

Burgiss, a provider of data, analytics and technology solutions for private capital investors, has announced that Wyn James has joined the company as Head of Client Coverage for the Asia Pacific region. Based in Singapore, Wyn will lead commercial activities for the region, including developing new client channels and identifying and expanding on strategic business…

Max Life Insurance aims to recruit 40,000 Agent Advisors in FY22

Max Life Insurance Company Ltd., as part of its digitization journey, aims to drive a robust agency recruitment process in FY22. The Company has digitized its entire recruitment process, and targets hiring nearly 40,000 agent advisors in current fiscal, according to a statement. “Launched last year, in the backdrop of COVID-19, a new recruitment approach…

Integral Ad Science appoints Saurabh Khattar as India Commercial Lead

Integral Ad Science, a global provider of digital media quality, has announced the appointment of Saurabh Khattar to lead sales operations in India, working with brands, agencies, publishers, and platforms in the region. Based in Delhi, Saurabh reports to Laura Quigley, SVP APAC. “As marketers in India invest more significant budgets across digital advertising channels,…

MoEngage raises $32.5M for Its Customer Engagement Platform

MoEngage, an Insights-led customer engagement platform, has announced a fresh fundraise of $32.5 million USD led by Multiples Alternate Asset Management, with participation from their current investors, Eight Roads Ventures, F-Prime Capital and Matrix Partners. “We are thrilled to welcome Multiples as our new strategic partner as part of this Series C1 funding. This round…

Odoo announces $215M new investment from Summit Partners

Odoo, an open source all-in-one business software platform, has announced a US$215 million investment from growth equity investor Summit Partners. The transaction represents an exit for investors Sofinnova Partners and XAnge who invested in the Company in 2010 and 2015, respectively. The Company’s SaaS offering includes applications covering all business needs: accounting, inventory, manufacturing, project…

SecurityScorecard appoints former S&P CEO Deven Sharma to Board of Directors

SecurityScorecard, a cybersecurity ratings platform, has announced that former President of Standard & Poor’s, Dr. Deven Sharma, has been appointed to its Board of Directors as an independent director. Dr. Sharma joins the board of directors, having previously served as part of the company’s corporate Advisory Board since May, 2020. “I am excited to welcome…

Mixlab raises $20M investment led by Sonoma Brands

Mixlab, a pet pharmacy partner to veterinarians, has announced a $20M investment led by Sonoma Brands, with participation from Global Founders Capital, Monogram Capital, Lakehouse Ventures, Brand Foundry and others. Keith Levy, Operating Partner at Sonoma Brands and former President of pet food manufacturer Royal Canin USA, will join Mixlab’s board of directors. “I’ve worked…

Colombia-based Merqueo raises $50 million Series C

Merqueo, a full-stack delivery scale-up, landed a $50 million series C round led by IDC Ventures, Digital Bridge and IDB Invest. The round was also supported by MGM Innova Group, Celtic House Venture Partners, Palm Drive Capital and previous shareholders. “Merqueo has developed all the attributes and technologies required to operate in a complex market,…

Element5 announces the appointment of Jennifer Maxwell to Board of Directors

Element5, an Automation as a Service solution leveraging AI and RPA for post-acute care, has announced the appointment of Jennifer Maxwell to their Board of Directors. Jennifer is currently the co-founder and CEO of Maxwell Healthcare Associates, (MHA) a consulting firm in post-acute care and Strategic Advisor to Medalogix, a one-of-a-kind data analytics company also…

Square, Inc. Announces Plans to Acquire Afterpay

Square, Inc. and Afterpay Limited have announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the issued shares in Afterpay by way of a recommended court-approved Scheme of Arrangement. The transaction has an implied value of approximately US$29 billion (A$39 billion) based on the closing…

TagZ completes a Pre-series A round of ₹4 cr led by Venture Catalysts

TagZ Foods, a premium GenZ snack company, has announced that it has raised an amount of INR 4 crores in Pre-series A funding from Agility Ventures and Dexter Angels. The fresh round of capital will be utilised for launching new product offerings, expanding distribution and production capacity. Eminent DTC and consumer brand founders such as…