LS Devices Pvt. Ltd.’s LifeSigns iMS, a health tech firm based in Chennai, has raised an undisclosed sum in a pre-Series A fundraising round to build a digital wireless patient monitoring solution platform for ambulatory, inpatient, and home care settings. A well-known pathologist from Chennai with more than 40 years of experience, Dr. SP Ganesan, … Read more
Xceedance, a global provider of virtual transformation answers, technology, and analytical services to the insurance enterprise, these days introduced a series A fairness investment in Vitraya technology, an India-based totally technology platform that permits computerized claims decision-making for insurers and real-time payouts to vendors. Xceedance, together with a consortium of traders, invested a total of … Read more
Kolkata-based legal tech firm Fightright announced the opening of a fund with Rs 100 crore in claims under management. Fightright uses AI and ML-backed analytics to fund commercial litigations. The fund, a special purpose company, will invest over a two to three year period in 15-20 commercial cases with an average ticket value of Rs … Read more
Simple Viral Games, also known as SVG, a platform for ultra-casual mobile gaming, revealed today that it had raised Rs 4 Cr (about $500,000) in a pre-seed round headed by WEH Ventures. Eximius Ventures, PointOne Capital, Force Ventures, and a few angel investors, including Ankit Agrawal (Founder and CEO of InsuranceDekho), Prashant Sachan, also participated … Read more
Subtl.ai secures angel funding from two modern Indian investors: Vamshi Raju and Mohit Gulati (ITI Growth Opportunities Fund) (Edha Investments, Shreyas Media). They have developed a system that can rapidly respond to any queries from papers, webpages, videos, and knowledge bases by understanding knowledge sources at scale. Built in collaboration with IIIT Hyderabad research, Subtl.ai … Read more
A seed fundraising round led by Sequoia Capital India, Speciale Invest, and Whiteboard Capital raised $3.35 million for the semiconductor business Mindgrove technology, which was incubated at IIT Madras. Ashwini Asokan (Mad Street Den) and Nischay Goel, two individual investors, also took part in the round (Duro Capital). The deeptech business plans to add personnel … Read more
Chronicle, a firm that makes presentation software, has raised $7.5 million in a preliminary fundraising round that was jointly led by Accel Partners and Square Peg. Moreover, angel investors from Apple, Google, Meta, Slack, Stripe, Superhuman, OnDeck, and Adobe took part in the round. The business stated that it intended to use the funds obtained … Read more
Infosys, a global leader in next-generation digital services and consulting, today announced that it will expand its collaboration with Microsoft, to help accelerate enterprise cloud transformation journeys worldwide. According to the Infosys Cloud Radar, enterprises can add up to $414 billion in net new profits, annually, through effective cloud adoption. The report also calculated that adopting cloud improved … Read more
Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced that it has expanded its partnership with Vodafone Germany towards the transformation of its sales and customer experience processes. As a part of this multi-year engagement, Comviva, a Tech Mahindra company, will deliver a unified sales solution across mobile, fixed, cable and … Read more
Sonata Software, a leading Modernization and Digital Engineering company, has announced that Sonata Software North America Inc., (SSNA), a wholly owned subsidiary of Sonata Software Limited (SSL), has signed a definitive agreement with the Shareholders of Quant Systems INC., a Texas (USA) based IT Solutions and Software company, to acquire 100% stake. This acquisition is … Read more
Intents Mobi, a Gurgaon based geospatial intelligence startup today announced that it has raised Rs 1.5 CR. The funding was raised on “The Barbershop with Shantanu”, a podcast show helmed by Shantanu Deshpande, Founder – The Bombay Shaving Company. The round saw participation from prominent executives from various organizations. Founded by Tabrez Alam, Naresh Kumar … Read more
Blockfenders, a data analytics startup, today announced a $1.5 million pre-seed investment round from a variety of institutional and entrepreneurial investors to address this deadlock and help businesses achieve their objectives. Headquartered in Palo Alto, Blockfenders was co-founded in 2022 by friends of 20 years Viraj Phanse and Niranjan Ingale with the aim of making … Read more
Freight management SaaS startp Freightify has raised $12 million in a Series A fundraising round, a mix of equity and debt, led by Sequoia Capital India, with participation from TMV and Alteria Capital as well as current investors Nordic Eye Venture Capital and Motion Ventures. The startup intends to use the cash to improve its … Read more
A multi-brand two-wheeler workshop chain called SpeedForce has been acquired by Bengaluru-based ReadyAssist, a roadside assistance business, for $10 million in cash and equity. The announcement comes two months after it secured $5 million in a fundraising round headed by Howen International Fund, SPC. With this, ReadyAssist hopes to compete in India’s largest network of … Read more
The bridge between a business strategy and successful execution is something that all businesses are focussed on. Yet 60% stumble on this path (according to Gartner) because of gaps in their ability to execute. To support businesses on their journey, Profit.co which is laser focussed on Objectives and Key Results (OKRs) metrics is announcing a $11M funding … Read more
Australian media intelligence company, Truescope, has strengthened its position in North America by acquiring leading agency, Universal Information Services (UIS). Founded in 2019 and now operating in Singapore, New Zealand, and North America, Truescope is experiencing rapid growth in all markets – a commercial response to the company’s advanced SaaS platform, product innovation and experienced … Read more
