Visa, a global leader in payments, announced a new $100 million generative AI ventures initiative to invest in the next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments. As a pioneer of AI use in payments since 1993, Visa considers this initiative an…
Gradiant, a global solutions provider for advanced water and wastewater treatment, announced its acquisition of H+E Group (Hager+Elsässer), an established European water solutions provider with over 100 years of experience in providing end-to-end solutions to advanced manufacturing. This acquisition underscores Gradiant’s commitment to delivering leading-edge solutions for the semiconductor sector and represents the company’s first…
Accenture has acquired SIGNAL, an integrated marketing firm based in Tokyo, Japan. The acquisition further strengthens Accenture’s ability to support clients’ marketing transformation across owned, paid and earned media. SIGNAL, previously owned by VECTOR, the largest PR group in Japan, offers integrated marketing services combining capabilities across public relations, social media management, influencer marketing, advertising operations,…
KKR, a global investment firm, announced that KKR has completed the sale of over 5 million square-feet (SF) of industrial warehouse and distribution properties for a total aggregate value of over $560 million. The dispositions were completed through five discrete transactions with five separate buyers. The fifth and final sale closed on September 29th. The…
The Halifax Group (Halifax), a middle market private equity firm that partners with management to invest in market-leading companies, announced that it has agreed to acquire the Worldwide Home Care division of Sodexo, including their home care subsidiaries in the U.S., U.K., Ireland, France, Denmark, Norway, Sweden and Brazil. “We are thrilled to partner with…
Lodha Ventures has appointed Kiran Prasad Ivaturi as its Group Chief Human Resources Officer (CHRO), according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Group Chief Human Resource Officer at Lodha Ventures,” Ivaturi shared in a LinkedIn post. Ivaturi comes with 18 years of experience in different facets of…
Pahal Financial Services Pvt. Ltd. (Pahal), a leading Microfinance Institution dedicated to promoting financial inclusion, announced its collaboration with the U.S. International Development Finance Corporation (DFC), resulting in a substantial US$12 million investment aimed at advancing financial inclusion efforts in rural and semi-urban regions of India. Under the terms of the agreement, Pahal will access a…
Kaleyra, Inc. (Kaleyra), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited. The final results will be available on a Current…
Blattner Technologies, a global leader in Artificial Intelligence, has announced its acquisition of The Indoor Lab — a cutting-edge lidar analytics company with AI-powered, advanced perception software and end to end data analytics. Earlier this month The Indoor Lab announced a partnership with Tampa International Airport to create the “world’s first Living Lidar Lab partnership.” Now, the…
Luxury streetwear jewellery brand Drip Project on Friday said it has raised an undisclosed amount in a funding round led by Blume Ventures’ Blume Founders Fund, according to ETtech report. The round also saw participation by other investors, including StrongerHer Venture partner Ankita Vasista and Joules 2 Watt founder and CEO Priti Sawant. The startup…
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors. MidOcean Energy is currently…
Private sector lender Tamilnad Mercantile Bank Limited announced the resignation of S. Krishnan as Managing Director and Chief Executive Officer of the Bank. According to the Bank’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and we would like to inform that Shri. S. Krishnan…
WeP Solutions Limited (Wepsol), a BSE-listed company, and FUJIFILM India Private Limited (FUJIFILM) have entered into a Strategic Partnership Agreement. Under this agreement, Wepsol shall provide system integration services, sell and service FUJIFILM’s advanced product portfolio under Office solutions to address the digital printing market in India. Wepsol has led the way for over two…
CareerTech platform MentorKart, announced that it has raised $250K from Realtime (RTAF) and Tie Angel India. MentoKart solves a major challenge of corporate clients to source, screen, and skill/develop candidates for roles across functions. “MentorKart plans to utilize these funds to expand its customer base and extend its outreach to aspiring professionals in Tier 2/3 cities looking…
HMD Global, the home of Nokia phones, announced the appointment of Tanuj Patro as its Chief Financial Officer (CFO) of the company, a strategic move that reflects the company’s commitment to top-tier leadership and its relentless pursuit of excellence in the mobile technology industry. With an illustrious career spanning over two decades in the finance…