The Adani Group recently reported it has made agreements to obtain Swiss concrete major Holcim’s whole stake in two of India’s driving concrete organizations – Ambuja Cements and ACC, for $10.5 billion. The arrangement, charged as the biggest ever M&A exchange in the foundation and materials space, denotes the section of the Ahmedabad-settled Adani Group…
Ecommerce platform Pine Labs today reported the appointment of Vijayalakshmi Swaminathan as the organization’s Chief People Officer (CPO). She takes over from Anu Mathew who will currently progress into the job of the head of learning and improvement at Pine Labs. Swaminathan joined Pine Labs from Amazon India where she was doing the HR work.…
Pankaj Kumar has joined as Global Vice President in the Partnerships and Business Development team at Dataminr this week. Dataminr, based out of New York, US, is a $4 bn valuation global company, recognized as one of the leading AI companies in the world, backed by leading global investors including Goldman Sachs, Morgan Stanley, Fidelity Investments…
E-commerce enablement company GoKwik has brought $35 million up in a series B financing round led by San Francisco-based Think Investments and RTP Global. The round additionally saw support from existing financial backers Sequoia Capital India and Matrix Partners India. The new financing follows GoKwik’s $15 million series A round in November 2021, getting complete subsidizing…
HONO, a main HR tech solutions company, on Wednesday reported it has brought $5 million up in a series A financing round driven by Aakash Chaudhry, overseeing head of Aakash+byju’s, a test preparation organization. While Chaudhry put $4 million in the AI-driven employee experience stage, the rest of million came from other individual financial backers…
Egyptian fintech Paymob has reported that it has brought $50 million up in Series B financing. Tround was driven by PayPal Ventures, the worldwide corporate endeavor arm of PayPal, alongside New-York-based investment Kora Capital, and London-based Clay Point. New financial backers included Helios Digital Ventures, British International Investment (previously the CDC Group) and Nclude, the…
The dental tech startup Toothsi has brought $40 million up in Series C funding from driving worldwide trading company Eight Roads Ventures, South Korea-based Paramark, IIFL, and the family office of Medlife prime supporters: Prashant Singh and Tushar Kumar. Existing financial backers Think Investments and the Mankekar family office likewise took part in this round…
Drone maker ideaForge has shut its Series B financing round of $20 million driven by Florintree, which is helmed by the previous Blackstone India private value co-head, Mathew Cyriac. The round additionally saw interest from its current financial backers, for example, Celesta, which is an unmistakable profound tech speculation store, Infosys, Qualcomm and Infina, alongside…
Unified cyber security platform WiJungle as of late raised its seed financing at a valuation of $22 million from US-based worldwide investment firm SOSV. The organization intends to use the money to upgrade specialized abilities and lift its deals extension plans. Incepted by Karmesh Gupta and Praveen Gupta, WiJungle presently empowers associations to get and…
Twitter, Inc. today reported that it has gone into a conclusive consent to be gained by an element completely claimed by Elon Musk, for $54.20 per share in real money in a transaction estimated at roughly $44 billion. Endless supply of the exchange, Twitter will turn into a secretly held organization, the organization said in…