The company board of Vikas Lifecare Limited has approved the issuance and allotment of 12.50 crore equity shares to eligible, qualified institutional buyers (QIBs). The company has informed the bourses about the same. Through this qualified institutional placement (QIP), the diversified listed conglomerate will be launching Rs 50 crore from the investors by alloting the…
AI power analytics platform PredictiVu has secured $1.5 million in a pre-seed funding round. The round saw participation from Market Xcel Data Matrix, Nomura Research Institute along with Infobridge Asia. Kunal Sarkar, Vice President at PredictiVu, commented, “We are extremely glad to have such a stellar set of investors back us up on our mission.…
Asia’s global investment bank Nomura has announced the appointment of Sameer Jain as Chief Information Officer (CIO) for Wholesale, according to ANI report. Jain will also join the Wholesale Executive Committee and CAO Division Executive Committee. Jain was previously with Barclays where he held a number of senior technology roles including Group Chief Technology Officer,…
Majesco, a leading cloud and SaaS provider for insurance businesses, announced that it has completed the acquisition of InsPro Technologies Corporation, a U.S. based software leader in the life and annuity insurance market. InsPro Technologies brings an insurance administration and marketing system that supports group and individual business lines, and efficiently processes agent, direct market,…
Blue Planet Environmental Solutions Pte Ltd (Blue Planet), a Singapore headquartered company driving regional sustainability through technology-driven and IP based end-to-end solutions for waste management and upcycling, announced it has raised US$25 million from Nomura, Asia’s global investment bank. The company will utilise the funds raised to continue its efforts to develop integrated, inclusive and…