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Softcell Technologies Global makes strategic investment in Pune based Autoflow Technologies

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Softcell Technologies Global Pvt. Ltd. (Softcell) has made a strategic investment in AutoFlow Technologies Pvt. Ltd. (AutoFlowTech), a new-age IT services and technology solutions company specialising in digital business acceleration through open, scalable and modular solutions. AutoFlowTech addresses its customer needs by leveraging analytics, automation, cloud and digital transformation. Sunil Dalal, Managing Director of Softcell, stated, “This investment is … Read more

EaseMyTrip to Acquire 51% Stake in Guideline Group, Tripshope Online and Dook Travels

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EaseMyTrip.com, one of India’s leading online travel tech platforms, has received approval from its board to acquire a controlling 51% stake in three prominent travel companies incorporated in India. This strategic move is aimed at solidifying EaseMyTrip’s position as a major player in the travel and tourism industry. The proposed acquisition will be executed by … Read more

B2B Analytics SaaS Startup Factors.ai raises $3.6 Mn in Funding

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Bengaluru-based B2B analytics software startup Factors.ai has successfully raised $3.6 million in a pre-Series A funding round. The funding was led by Stellaris Venture Partners, with participation from Elevation Capital, Emergent Ventures, and notable angel investors such as Kris Rudeegraap of Sendoso, Sreedhar Peddineni of GTM Buddy, and Khadim Batti of Whatfix. The recently secured … Read more

Air India Finalizes Order for Up to 290 Boeing Single-Aisle and Widebody Jets

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Boeing and Air India today announced they have finalized an order for up to 290 new Boeing jets and expanded services. At the 2023 Paris Air Show, the companies held a signing ceremony to celebrate the historic purchase of Boeing’s market-leading single-aisle and widebody jets to renew and expand Air India’s fleet. The order, which … Read more

SatSure enters the US Market acquired Philadelphia-based Geospatial services company

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SatSure, a deep tech startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS) to drive decision intelligence, is pleased to announce the acquisition of Philadelphia-based Old City Innovations (formerly Geospoc LLC, USA) in a cash plus stock deal, marking its entry into the U.S. market. Old City Innovations (OCI) was … Read more

ZincSearch raises $3.6 mn in seed funding

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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

Rebel Foods deploying real-time cold chain monitoring system from TagBox

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TagBox has announced that it is providing its AssetLens solution to Rebel Foods, the world’s largest internet restaurant company, for real-time temperature, door-open and power consumption monitoring. The solution comprising of IoT devices like Tag360 sensors to monitor temperature, door-open and energy consumption, TagHub gateways and the AssetLens software platform, will be helping Rebel Foods get complete visibility of … Read more

Bengaluru-based deep tech startup SatSure acquires Farm Management software CropTrails

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SatSure, a deep tech startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS) to drive decision intelligence, is pleased to announce the acquisition of SaaS application CropTrails, which was conceptualised and incorporated in the year 2018 by Indore-based startup OEPP Innovations Private Limited. CropTrails is a web and … Read more

Drone manufacturer ideaForge raises $20 million in funding

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Drone manufacturer ideaForge has concluded a $20 million Series B fundraising round headed by Florintree, which is run by Mathew Cyriac, a former Blackstone India private equity co-head. Existing investors such as Celesta, a famous deep tech investment firm, Infosys, Qualcomm, and Infina, as well as the Exim Bank of India, participated in the round. … Read more

Apna.co Named Payu’s Shantanu Preetam As Its First Chief Technology Officer

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apna.co – India’s largest jobs and professional networking platform has announced the appointment of PayU’s Shantanu Preetam as its Chief Technology Officer. Shantanu will be driving apna’s innovative vision to help the company attain its mission of empowering a billion lives. As the first CTO at apna, Shantanu will be responsible to build upon the … Read more

US-based DroneBase acquires Bengaluru-based AirProbe

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AirProbe, a Bengaluru-based firm that employs artificial intelligence (AI) for solar system inspections, was bought by DroneBase, a U.S. intelligent aerial imaging company, for an undisclosed sum last week. AirProbe, founded in 2017 by Aditya Bhat, Kaustubh Karnataki, and Ganesh Shankar, combines thermal drone imaging to detect solar cell flaws and AI to increase efficiency. … Read more

Infosys InStep Ranked as the ‘Best Internship Program’ for Four Consecutive Years

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Infosys

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

PrimeSoft Acquires Tejora Private Limited

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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

Grocery delivery startup Zepto raises $60M

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kaivalya-vohra

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