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Globesecure Technologies to Acquire a Cyber Security Firm ProTechmanize Solutions

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Globesecure Technologies a digital transformation company in India with a focus on cyber security is in advance stage of due diligence for acquiring stake in ProTechmanize Solutions Private Limited. The proposed acquisition of stake in this Company will enable Globesecure Technologies Limited strengthen its position in the growing digital transformation as it operates in cyber security services … Read more

GEF Capital invests ₹500 cr in e-mobility

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Private equity company GEF Capital Partners reported investing more than 500 crore in e-mobility firms Electra EV and Hero Motors Ltd. This is a step in the climate-focused investor’s plan to increase its stakes in India’s climate and sustainability potential. With this, GEF has invested eight times over the last four years. Independent EV powertrain … Read more

iThrive partners with Dubai-based Wellness platform Illuminations to offer Functional Nutrition Courses in GCC countries

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Pune-based health and wellness startup, iThrive has joined hands with Illuminations, one of the leading wellness companies in the UAE and the Middle East to offer its functional nutrition courses in GCC countries. Functional Nutrition is an alternative medicine modality that claims to use advanced medical testing and the most up-to-date medical science to uncover … Read more

Cars24 plans to hire over 500 employees across verticles

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Cars24, a locally developed auto e-commerce platform, announced that it will hire more than 500 people in the upcoming three months to bolster its current staff. The company claims that its hiring efforts would be concentrated on both technical and non-technical roles. Positions have opened in the following departments: technology, product, data sciences, engineering, business, … Read more

Vahak acquires Instalogist, a truck booking app

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Instalogist, a truck booking app and cargo marketplace platform for long-haul transportation, has been acquired by Bengaluru-based Vahak, a transport community business, for an undisclosed sum. According to Vahak, the acquisition will allow them to grow faster and expand their network, thus enhancing their ability to support the Indian road transportation industry. Through its Truck-&-Load … Read more

JetSynthesys acquires majority stake in Fanory; Named former Twitter India Head in a leadership role

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New-age digital entertainment and technology company, JetSynthesys, has acquired majority stake in Fanory, a start-up that helps creators monetize better than what is possible on social media platforms. As part of this transaction, JetSynthesys has onboarded ex-Twitter India Head and Fanory’s co-founder, Manish Maheshwari, as President at the Corporate level, JetSynthesys. Shareholders of JetSynthesys include the family … Read more

ShipEase to Hire Over 100+ Employees Across the Verticals

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Gurgaon-based technology driven logistics platform is planning to hire 100+ employees across all the verticals, primarily in product development followed by Business Development, client servicing, Operations & Finance. The Co-founder and CEO of ShipEase, Pawan Kumar, spoke about the hiring push and said, “E-commerce in India, is growing rapidly and is estimated to grow in double digits in … Read more

Enigmatic Smile Announces Strategic Partnership with Pine Labs

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Enigmatic Smile is a Reward Technology Provider, focussed on linking high value rewards to consumers’ payment cards. It works seamlessly, and invisibly, in the background of existing reward programmes, re-directing billions of consumers spend to retailers in its network. On the flip side, Enigmatic Smile acts as a technology bridge for retailers to reach the consolidated … Read more

Telluris Biotech plans to raise $12 million by March end

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Telluris Biotech, a Hyderabad-based company engaged in the manufacturing and supply of crop protection solutions for farmers and growers receives Biochemical Classification it received from the United States Environmental Protection Agency (USEPA). The USEPA is the Agency responsible for the registration of safe and sustainable products in the United States of America, informed Mr Venu … Read more

GENLEAP raises Rs 27Cr in a pre-Series A round

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The DNA-based self-discovery and career life cycle management platform from India GENLEAP has announced the successful conclusion of its pre-Series A funding of 27 crores ($3.3 million). The fundraise includes several existing investors, including Mike Holland (former CEO of Embassy REIT), Sanjay Dutt (CEO & MD, Tata Realty and infrastructure), Neeraj Bansal(Co-Head and COO – … Read more

CMS IT Services named Sanjeev Singh as CEO and Managing Director

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CMS IT Services announced today that its Board of Directors has named Sanjeev Singh as Chief Executive Officer & Managing Director of the company effective 16 January 2023. Commenting on the appointment of Sanjeev Singh, Mr. Mathew Cyriac, Chairman of the Board said, “We are excited to welcome Sanjeev as the CEO & MD of … Read more

Union Budget 2023-24: Pre-Budget Expectation Quotes From Education Industry Experts

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40% of India’s population is in the age bracket of 18 or below.  The country needs to spend a great deal on education.  However, the country spends only 3% of its GDP on the education sector. Since about 1968, the education sector has expressed its need for an increase of budget to at least 6% … Read more

NTT Leads the way for Green Technologies in Data Centers

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NTT Ltd., a leading global IT infrastructure and services company, one of the world’s top 3 data center service providers is committed to making the data center space green, and its latest initiative towards the cause is its breakthrough deployments of Liquid Immersion Cooling (LIC) and Direct Contact Liquid Cooling (DCLC) technologies. The company recently … Read more

Pegasus Tech Ventures Launches US $100 Million Fund with Denka

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Pegasus Tech Ventures, a global venture capital firm that is headquartered in the Silicon Valley and dedicated to supporting corporate innovation, has established a $100 million corporate venture capital fund with Denka Company Limited, a major Japanese chemicals, materials science, and life science company. The new fund marks the entry of the 107 year-old chemical … Read more

NFT Oasis Teams Up with Vatom to Enable the Next Generation of the Metaverse

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NFT Oasis announced that they have selected Vatom as their strategic partner in building the future of their Metaverse-as-a-Service (“MAAS”) ecosystem. This move marks a major milestone in the Web3 industry, combining the strengths of NFT Oasis, a leading publisher of immersive Metaverse experiences, and Vatom, which operates the world’s first enterprise-ready Web3 SaaS platform. Vatom … Read more

Suppli Raises $3.1 Mn Seed Funding Led by Equal Ventures

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Suppli, the digital accounts receivable platform that enables construction suppliers to turn their credit department into a competitive advantage, today announced it has raised $3.1 million in seed funding. Equal Ventures led the round, with additional participation from Audacious Ventures, Dash Fund, Chase Gilbert (CEO of Built Technologies) and Ali Javid (CEO of Wrapbook). While over $500 billion of construction materials are sold … Read more

Pratech Brands set to invest in Inaari to promote women’s Health & Wellness

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 In a first-of-its-kind partnership, digital-first retailer Pratech Brands has invested in ‘Inaari’, a brand focused on women’s health. An estimated one in five (20%) Indian women suffer from Hormonal Imbalance, if not monitored timely, the condition can have serious health impacts. Inaari focuses on helping women understand their hormonal cycle and encourages them to live … Read more

Studio Sirah Raises $2.6 Mn in Pre-Series A Round

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Studio Sirah, a next-gen game studio that builds unique Indian-themed games, announced today that it raised $2.6 million in a Pre-series A round led by Kalaari Capital (an early-stage, technology-focused VC firm), and its seed investor, Lumikai (India’s pioneering gaming, and interactive media focused VC fund). The company plans to utilise the funds to globally … Read more

Tally Solutions to strengthen its technology and product team by 60% over the next 3 years

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Tally Solutions, a pioneer in the software products industry delivering business management software for small and medium businesses (SMBs) for over three decades, announced the plans to ramp up their talent base across portfolios and levels. The company is revamping its talent strategy to meet the extensive product and business roadmap with an overall plan … Read more

Simpl named Ashwini Ravindranath as the Vice President of its Partner Success Team

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Simpl, India’s foremost 1-tap checkout network, today announced the appointment of Ashwini Ravindranath as Vice President of the Partner Success team. Ashwini will lead the team to build strong relationships with Simpl’s merchant network and own the P&L of the Pay Later business of the organisation. With this strategic hire, Simpl aims to help its … Read more