Contract Lifecycle Management (CLM), a way of managing contracts from start to finish, including award, compliance, and renewal, can be costly to businesses. According to World Commerce and Contracting, the average cost of a simple contract is $ 6,900, with more complex contracts costing roughly $ 49,000. Many entrepreneurs, including United Lex co-founder Ajay Agrawal, … Read more
Nazara Technologies, an India-based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, has announced its audited standalone and consolidated results for the fourth quarter and full year ended March 31, 2022. As of March 31, 2022, Nazara has diverse … Read more
Bytebeam, a Bengaluru-based B2B startup that simplifies Internet of Things (IoT) solutions, has received $3 million in seed funding from Together Fund, Accel, and STRIVE VC. AdvantEdge VC, backed by the Motherson Group, Phanindra Sama, founder of redBus; Tanmai Gopal, cofounder of Hasura; Vimal Kumar, founder of Juspay; Mekin Maheshwari, former CPO at Flipkart; Deepak … Read more
The Boards of Directors of Mindtree and LTI at their respective meetings held today approved a composite scheme of amalgamation of both these independently listed IT services companies under the Larsen & Toubro Group. The proposed integration will see Mindtree and LTI join strengths to create an efficient and scaled up IT services provider exceeding $3.5 … Read more
SHIELD, the world’s leading risk intelligence company, today officially announced its expansion into India, the fastest growing mobile market worldwide. The move follows successful partnerships with ShareChat, MOJ, and Carandbike, and marks the company’s continued focus on growing its network of clientele across India. SHIELD aims to continue its mission to help digital businesses globally … Read more
Frost & Sullivan has entered into a strategic partnership with Vizru to revolutionize technology transformation for enterprises and accelerate growth for its customers. “Large enterprises have built significant assets over decades in the form of customers, data, contracts, supply chain ecosystems, products, and services,” explained Ramesh Mahalingam, CEO of Vizru. “However, they are struggling to monetize … Read more
DigiLocker, a software that allows users to digitise and save a copy of over 560 different Indian documents, including government-issued ID cards, has reached 100 million users. The app is the Centre’s initiative to build a paperless government environment, which was conceived roughly six years ago by India’s Ministry of Electronics and IT. DigiLocker aims … Read more
Startek, a global customer experience (CX) solutions provider, today announced the appointment of Nishit Shah as Global Chief Financial Officer and Jayanta Lahiri as Global Chief Information Officer. Shah and Lahiri report directly to Global CEO Bharat Rao. “I am delighted to have joined the Startek team,” said Shah. “The global Startek footprint and investment in digital-first CX capabilities … Read more
Sprinto, a Bengaluru-based software-as-a-service (SaaS) compliance automation platform, revealed on Wednesday that it had raised $10 million in Series A funding headed by Elevation Capital with participation from Accel and Blume Ventures. Sprinto, which went public in mid-2021, assists SaaS companies in obtaining compliances like SOC 2, ISO27001, GDPR, HIPAA, and others in a quick … Read more
FedEx Corp. (NYSE: FDX) and Microsoft Corp. (Nasdaq: MSFT) announced the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics as a service” for retailers, merchants and brands. The companies … Read more
SaaS Labs, a company that creates business automation tools for sales and support teams all around the world, has secured USD 42 million (about Rs 312 crore) in a round headed by Sequoia Capital India. Existing investors Base 10 Partners and Eight Roads Ventures also participated in the Series B fundraising round, according to the … Read more
Mercer|Mettl, the global leader in talent acquisition and management, has appointed Amit Pal Singh as CTO to lead its technology and engineering functions. Amit will drive organization’s technological vision to support Mercer|Mettl’s growth journey in the coming years. As the Chief Technology Officer, Amit will be working closely with business, product, and operations to align technology with … Read more
Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services & solutions, today announced a collaboration with Nokia, to drive 5G private wireless adoption globally. The collaboration will further strengthen the already standing relationship between Tech Mahindra and Nokia. Tech Mahindra will leverage Nokia’s private wireless DAC solution for customers across industries … Read more
The Global CyberPeace Challenge getsbigger and better. Organized jointly by CyberPeace Foundation & Autobot Infosec and supported by Ministry of Electronics and Information Technology (MeitY), Government of India; Office of the Principal Scientific Advisor, Government of India; Cybersecurity Center of Excellence (DSCI-Government of Telangana); National Critical Information Infrastructure Protection Centre (NCIIPC), Government of India along with others. Global CyberPeace Challenge 3.0 … Read more
Spinny – the pioneering full-stack used car retailing platform – is now 4000+ team members strong. The company also aims to increase their workforce by 5000+ employees by the end of 2022 as it expands deeper into the Indian market. The company is a benchmark in contactless and completely digital transactions where the complete full-stack … Read more
Unbox Robotics, a leading supply chain robotics technology company, raised $7 million in a Series-A round led by 3one4 Capital with participation from Sixth Sense Ventures and Redstart Labs (Info Edge). The round also saw participation from Unbox Robotics’ founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, alongside its existing investors – US-based … Read more
