HCLSoftware, the software division of HCLTech, is bolstering its data analytics portfolio with the acquisition of French company Zeenea. The deal is worth €24m and is expected to close in September 2024. Zeenea is an intelligent data discovery company and has a platform for metadata management, data cataloging, lineage, governance and compliance. HCLSoftware will combine…
BlueBinaries A Chennai based engineering and technology services company has raised Rs 60 crores from Anicut Capital. The company which specializes in Software Defined Vehicles (SDV) development will use the funds to expand its global presence and strengthen its technology. Founded in 2017 BlueBinaries has become a key player in the Engineering Research and Development…
MamaEarth parent company of Honasa Consumer declares fabulous result in Q1 FY25. The company has recorded a 17% mouth-to-mouth communication rate, meaning that 17% of the customers reached by the competitors’ mouth-to-mouth communication share the information with the company as well. 6% QoQ rise in revenue Rs 554 Cr and a 33% YoY. Increase to…
Gurugram-based XR startup Metadome. ai just supercharged its growth with a $6bn funding round in September, and is on course to clock revenues north of $200m within the next year or so. Series A funding round in the amount of 5M$ provided by Siana Capital and Chiratae Ventures. This will help fund Metadome’s quest of…
Nazara Technologies The India’s gaming mammoth is setting up a new record in its attempt to globalize and capture the Fusebox Games, a UK based gaming studio for INR 228 crore. It is an all cash acquisition, which shows how the firm is keen on expanding on its market interests in the interactive storytelling sub…
The Bengaluru-based online insurance aggregator, Policybazaar, and credit card loan can apply through Paisabazaar of PB Fintech, which has given a mixed earning for Q1FY21. Still, the company was able to prevent the loss of profits; however, the revenue proved to be less: it reduced by 7%. 3% compared to the previous quarter though, the…
Neuron Energy, an electric vehicle battery company based in India’s financial capital, Mumbai, is the latest EV battery industry start up to have garnered Rs 20 crore in freshly brewed Series A capital. That is the second relatively large funding round announced by the company in under a year. Neuron Energy is an old company…
Telehealth Startup based in New Delhi Visit Health, as received a mammoth funding of $30 million. The money will be available to turbocharge its expansion and deepen the relationship with wellness platform TatvaCare. This is not the first time Visit Health is venturing into a market. This, the firm that provides customizable wellness and other…
San Francisco based staffing giant Instawork has made a big move to expand its presence globally. It acquired Bengaluru based Able Jobs to enter the Indian tech space. Or another way to look at it is Instawork is going all in on the flexible workforce space. Able Jobs, backed by Elevation Capital and Y Combinator,…
Fasal, which was once the brightest star in the farmtech cluster, has been reduced to shooting star that is plummeting down. The startup, which had claimed it would change agriculture forever using a blend of AI, IoT and crop science is now just a fruit vendor. With funds worth $18 million including an injection of…
