LeverageEdu, an AI-enabled marketplace designed to help students with their higher education and career growth plans, has raised over $6.5 million funding led by Tomorrow Capital along with existing investors Blume Ventures and DSG Consumer Partners. The fresh funding round also saw participation from Ash Lilani, Saama Capital founder and Amrish Rau, PayU CEO. Founder…
UptimeAI has secured $1.5 million in the latest funding round. The seed round was led by YourNest Venture Capital along with other angel investors. Vamsi Yalamanchili, CTO and Co-founder of UptimeAI, said, “Customers are tired of spending millions, getting stuck in endless pilots and waiting for years to get a return on investment. At UptimeAI,…
Sauce Labs Inc., a provider of continuous testing solutions that deliver digital confidence, has announced that it has entered into a definitive agreement to acquire AutonomIQ, a provider of scriptless test automation solutions. AutonomIQ leverages AI and ML capabilities to help users create and execute tests for modern SaaS and low-code applications. “We’re thrilled to…
Fractal, a provider of artificial intelligence and advanced analytics solutions has announced the acquisition of Zerogons, for an undisclosed amount. This acquisition will help strengthen Fractal’s Cloud AI business and accelerate the ‘data to decisions’ journey for its Fortune 500® clients. Pranay Agrawal, Co-founder and Chief Executive Officer, Fractal, said, “Sandeep and Divya have built…
Infogain has acquired San Francisco-based AI firm Absolutdata. The financial details of the deal remain closed. Pursuant to the acquisition, three hundred employees in the US of the AI company will transfer to the software engineering services provider. CEO Sunil Bhatia of Infogain commented – “Infogain’s acquisition of Absolutdata completes our three-pronged acquisitions strategy to…
IBM has signed a definitive agreement to acquire Instana, an application performance monitoring and observability company. The acquisition will help businesses better manage the complexity of modern applications that span the hybrid cloud landscape. Today’s news further advances IBM’s Hybrid Cloud and AI strategy and strengthens its AI-powered automation capabilities. Financial details were not disclosed.…
Global technology company, Shutterstock has announced the acquisition of certain assets from Amper Music. Shutterstock’s acquisition of Amper will strengthen its capabilities in artificial intelligence, particularly in content search and discovery of tracks composed by Shutterstock’s community of artists as well as editing tools for Shutterstock users. As part of the transaction, Amper’s employees…
ANSR, a consulting firm which establishes & operates Global Capability Centers for enterprises has announced the acquisition of FastNext, an AI-driven technology company in an all-stock deal. FastNext was incubated by CoffeeBeans, a boutique product and technology services firm. The company aims to build with FastNext an AI-driven talent acquisition and management that will expand…
Business Process Management (BPM) Company, WNS announced the formal launch of its differentiated, domain-led hyperautomation platform suite. As per the announcement, by combining domain expertise, process intelligence, agile practices with hyperautomation enablement platform, WNS will help clients manage process complexity, create scalability and unlock higher value from their digital investment. In addition it will also…
CureSkin, an AI-dermatologist, has raised $500k in a latest funding round led by SenseAI Ventures. The company was founded by Guna Kakulapati, Rama Rajanna and dermatologist Charu Sharma in 2016. The company will use these funds to strengthen its technology and business growth. In a statement, Vinish Kathuria, Managing Partner, SenseAI Ventures said, “CureSkin’s use…
Samya.AI, an AI SaaS startup, announced that it has raised $6 million in seed round funding led by Sequoia India. The startup’s other initial investors include Ashish Gupta, Founder of Junglee.com and Helion VC; Deb Henretta, Partner, G100 Companies and Ex-Group President, P&G; Arijit Sengupta, Founder of Kradle Ventures and Antuit Inc; Deborah Kops, Ex-…
Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, has been selected by Petco, America’s leading pet specialty retailer, to deploy TCS Optumera, an AI-powered merchandise optimization suite. TCS Optumera leverages the power of AI and machine learning to localize and right-size store spaces, curate shopper centric omni-channel experiences, anticipate…
Artificial Intelligence is the future for almost all industries, and who better to personify its diversity than India’s leading behemoth Aditya Birla Group (ABG). In a move that is set to bring together and share expertise from across the country, ABG’s Group Data and Analytics (GDNA) Cell, in association with the Analytics India Magazine, is…
BlaizeTM, new-generation computing unleashing the potential of AI to enable leaps in the value technology delivers to improve the way we all work and live, has emerged from stealth unveiling a ground-breaking next-generation computing architecture that precisely meets the demands and complexity of new computational workloads found in artificial intelligence (AI) applications. In cadence with…