Moengage, a Bengaluru-based insights-led consumer engagement platform, announced on Tuesday that it had raised $30 million in Series D funding, more than doubling its previous Series C1 investment of $32.5 million in July. Steadview Capital led the investment, with existing investors Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participating. … Read more
OpsLyft, a San Francisco and Noida-based DevOps startup, has raised $500k in seed funding from unicorn founders, Anand Chandrasekaran, and marquee angels from Freshworks, Oyo, Innovaccer, other angel investors based in India and the US. The list of angel investors includes Anand Chandrasekaran, former Executive VP, Five9 and former CPO @ Snapdeal, Shailendra Singh, board … Read more
NDTV Convergence’s position as India’s leading platform for online news stands reaffirmed with a very substantial 10-year deal with Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, helping people discover content they may like. The decade-long deal is based on mutually-determined projections, including growth in traffic, and cumulatively can enable revenue of Rs. 750 … Read more
Infosys, a global leader in next-generation digital services and consulting, today announced that its flagship global internship program, InStep, was ranked as the ‘Best Overall Internship Program’ in the 2021 Vault Internship Rankings. The rankings published by Vault.com—a career intelligence organization, distinguished Infosys as the only global organization to have received this ranking four times … Read more
With the aim to transform the customer service experience of the businesses, Bangalore, Mumbai and US based software company, Wolken Software today announced the launch of its self-service SaaS customer service solution – Wolken Care. Designed for small and medium businesses, Wolken Care is self-serviceable, can be set-up with a single click and enables businesses to provide superior … Read more
Mogi IO, a B2B Media-Tech SaaS start-up that leverages Artificial intelligence (AI) in building cutting-edge IPs has partnered with Lemma to offer Ad-based revenues on Mogi’s white-label OTT solution to its clients, thereby offering all possible monetisation opportunities to Mogi’s clients. Mogi’s white-label OTT/video app solution is creating disruption in the content industry by offering … Read more
Inflection Point Ventures, one of India’s leading angel investment platforms, led a $ 1 million Pre-Series A round for Parablu. Parablu creates enterprise-class data management systems that are safe and secure. The start-up has developed a solution stack with built-in Data Privacy, as well as an innovative and unique interaction with Microsoft 365 and Google … Read more
During this hiring season, Samsung plans to hire around 1,000 engineers in India for its three R&D centres. These young engineers will work on cutting-edge topics like AI, Machine Learning, IoT, Deep Learning, Networks, Image Processing, Cloud, Data Analysis, OnDevice AI, and camera technologies. Samsung will hire around 260 engineers from IIT campuses in Delhi, … Read more
Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today that it has entered a definitive agreement to acquire video intelligence AG, a Swiss-based contextual video technology platform for digital and Connected TV media owners. vi’s contextual and machine learning technology enables media owners to enhance user engagement and monetization by … Read more
Providing a commercially viable solution to the food industry to dispose of its used cooking oils (UCO), Uranus Oil Corp, a Chennai-based startup in renewable energy and waste management solutions, collects UCO for a price and supplies them to manufacture biodiesel, a cleaner and greener form of diesel. Uranus has recently set a record by collecting … Read more
Bounce, India’s first smart mobility solution company, is all set to launch its first consumer electric scooter, Bounce Infinity, on 02 December 2021. The event will live-stream from 01:30 pm onwards on the brand’s YouTube channel. Bookings for purchase begins the same day and deliveries are slated for early next year. This advanced ‘Made in … Read more
Haber, based in Pune, has completed its Series B round, bringing its total capital raised to $27 million. Ascent Capital led the investment, which also included Accel, Elevation Capital, Beenext, Temasek partner Mukul Chawla, and GreyOrange founders SamayKohli and Akash Gupta. Their Series A fundraising, which took place in 2019, was spearheaded by Accel. Haber … Read more
PrimeSoft, a leading IT solutions provider based out of Columbia, Maryland, United States, announced the acquisition of Tejora Private Limited, a Mumbai-based IT services company. Tejora’s innovative financial technology products and solutions such as Saffron Pay and Saffron Square have been adopted by major banks and financial institutions in India and South East Asia. Currently, … Read more
India’s largest social gaming platform, WinZO is launching an investment initiative, ‘Gaming Lab’, jointly with Kalaari Capital, to encourage and support India’s gaming ecosystem. ‘Gaming Lab’ will invest across all forms of interactive entertainment apps in India with a flexible corpus starting at over half a million dollars. Association with WinZO, which hosts 80+ games … Read more
realme, the fastest-growing technology brand, achieved a new milestone during realme Festive Days, garnering 9.3 million in sales for smartphones, AIOT and Techlife products across all online and mainline channels, with 40% year-on-year growth. During the period of 2nd October to 8th November, the combined sales also contributed to sales revenue worth INR 9000+ crore, … Read more
Zepto, a Mumbai-based grocery delivery firm, announced on Monday that it has raised $60 million in an early-stage fundraising round, valued at $225 million, to expand its 10-minute grocery delivery nationwide. Zepto, founded in June 2021 by two 19-year-olds Aadit Palicha and Kaivalya Vohra, claims to deliver food and supplies in 10 minutes with its … Read more
