Rollbar, provider of real-time error monitoring Software as a Service, announced that it has raised $11 million in Series B funding led by Runa Capital, an international VC firm headquartered in Silicon Valley that backs early-stage startups in deep tech and cloud business software. Dmitry Galperin from Runa Capital will take a board seat. Other…
As the novel Coronavirus outbreak reaches Indian shores with at least 20 confirmed cases in the country, its effects have begun to be felt in many quarters. Companies and industries around the world are now contemplating their next move to contain the virus, safeguard employees and sustain the business. In what can be seen as…
Tech giant Intel recently confirmed that one of its employees based in Bengaluru has “potentially been exposed” to the novel coronavirus and is currently under quarantine. As the death toll due to the virus crossed the 3,000 mark, corporations around the globe have begun to take preventive measures to safeguard their employees’ health. The company…
Bengaluru-based healthcare analytics startup Tricog recently announced that it has raised $10.5mn in Series B funding round from UTEC – University of Tokyo Edge Capital, Aflac Ventures, TeamFund US and Dream Incubator Japan. The funding round also saw participation from existing investors like Inventus Capital and Blume Ventures. Talking about the investment, Noriaki Sakamoto, Partner…
Allcargo Logistics, a logistics firm handling global multimodal transport operations, pan India container freight stations, inland container depots, third-party logistics, warehousing, contract logistics and logistics parks, announced that it is set to emerge as a controlling stakeholder in Gati, as it has received SEBI approval on its open offer to acquire approximately 3.17 crore shares…
Indian software major, Wipro recently announced that it has suspended employee travel to coronavirus-hit China, Hong Kong, and Macau. The Bengaluru-based company on Wednesday told news agency IANS in a statement that, “Wipro has suspended travel to and transit through mainland China, including Hong Kong and Macau, until further notice. Employees have also been advised…
Maruti Suzuki India Limited (MSIL) announced that it has partnered with HDB Financial Services Limited (HDBFS), a leading NonBanking Financial Company (NBFC), to provide customized and attractive car loans for customers. The MoU was signed in the presence of Shashank Srivastava, Executive Director (Marketing & Sales), MSIL, G Ramesh, MD & CEO, HDBFS and other…
Heineken N.V., a Dutch brewing company, announced the appointment of Magne Setnes as new Chief Supply Chain Officer and Ronald den Elzen as the company’s first Chief Digital and Technology Officer. Following a distinguished and highly successful career at HEINEKEN, spanning 25 years of which 15 years as Chief Supply Chain Officer and Executive Team…
Sonata Software, a global IT Services company, that provides services in business intelligence and analytics, application development management (ADM), mobility, cloud, social media, testing, enterprise services (ERP and CRM), and infrastructure management services, announced the acquisition of GAPbusters Limited (GBW), the Melbourne headquartered company that has been amongst pioneers in the CX domain, serving…
ClearTax, an online tax filing platform, announced the acquisition of Karvy’s goods and services tax (GST) filing business. Details of the transaction remain undisclosed. The deal comes at a time when Karvy was eyeing to sell assets and raise capital to clear its dues. ClearTax will acquire the GST business of Karvy Data Management Services,…
Hester Biosciences, a publicly traded animal and poultry vaccines manufacturing company announced it has appointed Sahil Shah as CFO and has been appointed as CFO of Hester Biosciences and Rahul Srivastava as Vice President – Business Development. Sahil joined Hester in July 2015. He has been directly involved in accounts and finance functions. His strong…
Microsoft Corp. and the National Football League announced an expansion of their deep technology partnership. The multiyear expansion aims to help the entire NFL, including its coaches and players, be more efficient through enhanced communication and collaboration via Microsoft Surface devices and Microsoft Teams, the hub for teamwork in Office 365. “Since 2013, Microsoft has…
The Walt Disney Company announced it is accepting applications for the 2020 Disney Accelerator, a program designed to accelerate the growth of innovative companies from around the world. Ten growth-stage startups will be selected for the three-month mentorship program that will connect them with the creativity, imagination and expertise of Disney, including by providing unique…
Trell, a Bengaluru-based lifestyle-community-commerce platform, announced that it has raised a $4 million pre-Series A round led by Sequoia Capital India’s Surge, Fosun RZ Capital and KTB Network. Existing investors such as Beenext, WEH Ventures and Sprout Ventures also participated in the funding round. Post current funding, the company has raised $5.5 million till now.…
Point-of-sale service provider, Pine Labs recently announced that it has appointed Citrus Pay founder Amrish Rau as the company’s new Chief Executive Officer. The announcement comes soon after former CEO of Pine Labs, Vicky Bindra announced his resignation and Rau resigning from PayU India a month earlier. Former CEO Bindra, who was heading Pine Labs…