Atlassian Corporation Plc, a leading provider of team collaboration and productivity software and the maker of Jira, Confluence, Bitbucket and Trello products, announced its plans to grow its India team to over 3,000 by the end of FY24 as part of a major recruitment drive as the organisation reinforces its commitment to the India market. … Read more
Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electronic vehicles) charging solutions, it has set up EV charging stations in various parts of the world, including Asia, the USA, … Read more
CABT Logistics, India’s leading intracity logistics brand gears up to meet the demand of big billion days and the upcoming festive season by investing $ 8 million to build about 120 micro-fulfilment centres across India. This investment in micro-warehouses comes in the wake of the E-commerce and Q-commerce boom, especially in a post-covid world. Logistics … Read more
MooVita, a market leader in vehicle-agnostic driverless software solutions for urban environment, has today signed a strategic partnership with China’s leading automotive tier-1 parts supplier, Desay SV (DSV), to further drive a safer, more efficient, and carbon-neutral mode of transportation. MooVita and DSV will collaborate in the development of AV Level-3 to Level 4+ full-stack software application … Read more
PhonePe, one of India’s leading digital payments platforms, announced the acquisition of OSLabs, a mobile platform that enables content and app discovery for users and app developers. PhonePe, AGPL and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL’s entire stake at a premium. The closure of this deal gives PhonePe … Read more
It’s no secret that we’re living in an increasingly digital world. ‘Screen time’ has all but consumed our workplaces, educational settings and simply put, our free time. According to new research by Builder.ai®, over 27% of Americans claim to have over 30 apps on their phone, but more than half of those admit to using only 10 … Read more
Normalyze, a data-first cloud security platform, today announced it is coming out of stealth with $22.2M in Series A funding, co-led by Battery Ventures and Lightspeed Venture Partners. This round brings the company’s total funding to $26.6M to date. Normalyze is an agentless platform that helps organizations better manage sensitive data—and attack paths to it —in today’s complex, multi-cloud environments, protecting customers from large and … Read more
Clean plant-based health and nutrition brand, Plix, has unveiled a new logo and brand tagline ‘Take Care, Have fun’, that symbolizes the company’s continuous efforts towards making holistic health and nutrition a lifestyle subject instead of a medical concern. The company also recently launched a new product line aiming at feminine wellness and intimate hygiene. … Read more
Pinterest, a photo-sharing social media network, has bought ‘The Yes,’ an AI-powered commerce firm, for an unknown fee. CEO Julie Bornstein, an eCommerce and fashion business expert, and CTO Amit Aggarwal, a computer industry veteran, created The Yes in 2018. The purchase is expected to finalise in the second quarter of 2022, according to a … Read more
In a pre-seed fundraising round, ITO Angel Network (JAN), India’s only global community-based Angel network, funded an undisclosed amount in observability platform KloudMate, continuing with its vow to help India’s start-up ecosystem from the very early stages of its development. Amitava Saha, Pranab Buragohain, and Bidyut Baruah founded KloudMate, a deep tech platform that discovers … Read more
The Metaverse is more than just a buzzword. In fact, this virtual-reality world, which has the ability to transform education, health care, manufacturing, job training, communications, entertainment, and retail, could become a tangible and valuable reality in the next decade. A new white paper from Analysis Group, in partnership with Meta Platforms, Inc. (NASDAQ:FB) says to achieve this, … Read more
Jet Airways received its revalidated Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA), Ministry of Civil Aviation, Government of India. With the receipt of AOC, the Jalan Kalrock Consortium has fulfilled all the conditions precedent under their NCLT approved Resolution Plan. The revalidation of AOC enables Jet Airways to resume its scheduled commercial operations … Read more
Seclore Technology Pvt. Ltd., a data-centric security startup, announced today that it has raised $27 million in new funding to aim to become the platform of choice for business data protection projects. Seclore, which was founded in 2003, provides an open, automated data-centric security platform for businesses. The platform is meant to enable enterprises to … Read more
According to employees interviewed by Moneycontrol, healthtech business MFine, owned by Novocura Tech Health Services, has cut off around 500 employees due to a financial shortage at the Beenext and Stellaris-backed startup. The Bengaluru-based business employs around 1,000 people and has laid off workers in the data science, engineering, and product areas. A few individuals … Read more
ZincSearch, a full-text search engine, announced a $3.6 million seed funding round led by Nexus Venture Partners, with participation from Dell Technologies Capital, Secure Octane, Cardinia Ventures, and technology leaders including Anand Babu Periasamy, Balaji Parimi, Rob Skillington, Anshu Sharma, Luke Kim, Awais Nemat, Dan Pinto, and Alex Gallegos. ZincSearch was founded by Prabhat Sharma, … Read more
Questbook, a Web3 grants platform, raised $8.3 million from Lemniscap in its Series A fundraising round. Coinbase Ventures, Alameda Research, Dragonfly, Hashed, Polygon, Balaji Srinivasan, Raj Gokal (Solana), Arjun Sethi (Tribe Capital), and Maneesh Sharma all participated in the round (GitHub). Abhilash Inumella, Subhash Karri, Sriharsha Karamchati, and Madhavan Malolan created Questbook in the United … Read more
