IBM Acquires Solar-Focused SaaS Startup Prescinto to Boost Renewable Energy Management
IBM has announced the acquisition of Prescinto, a Bengaluru-based SaaS startup specializing in asset performance management (APM) for renewable energy operations. This strategic move aims to strengthen IBM’s Maximo Application Suite (MAS) by integrating Prescinto’s AI-driven capabilities, enhancing IBM’s asset lifecycle management for the energy and utilities sector. Founded by Puneet Jaggi, Anmol Jaggi, and […]
Navi Finserv Secures $24.5 Million Loan Securitization Deal with Goldman Sachs
Navi Finserv has completed a $24.5 million loan securitization transaction with Goldman Sachs (India) Finance Private Limited, marking Goldman Sachs as the seventh multinational bank to partner with the Indian financial services company. This deal follows a $38 million securitization agreement with J.P. Morgan earlier in the year, reflecting Navi’s growing partnerships with global financial […]
Data Science Wizards Secures $1.4 Million in Seed Round to Boost AI Platform Development
Data Science Wizards (DSW), a deep-tech AI startup, has successfully raised $1.4 million in a seed funding round at a valuation of $16.4 million. The round was led by an angel investor, with funds earmarked for enhancing the company’s flagship AI platform, UnifyAI, and expanding its team. Founded in 2019 by Pritesh Surendra Tiwari, Ramesh […]
Troo Good Secures $9 Million in Funding Round Led by Puro Wellness to Drive Expansion
Troo Good, a millet-based snack brand, has raised $9 million in its latest funding round led by Puro Wellness. The round also saw participation from existing investors, Oaks Asset Management and V Ocean Investments. This new injection of capital brings the total funds raised by the company to approximately Rs 132 crore ($15.7 million). Previously, […]
Yoho Raises Rs 27 Crore in Pre-Series B Round, Aims for Expansion Across India
Direct-to-consumer (D2C) footwear brand Yoho has raised Rs 27 crore (approximately $3.2 million) in a pre-Series B funding round. The round was led by Gulf Islamic Investments (GII), with key participation from notable investors such as Rajeev Misra (CEO, SoftBank Investment Advisers), Vijay Shekhar Sharma (CEO, Paytm), Rukam Capital, and Pankaj Chaddah (Founder, Shyft). This fresh infusion of capital brings Yoho’s total funding to over […]
PM Narendra Modi calls for global standards in ethical AI and data privacy; Industry leaders join to discuss the road ahead to digital transformation in the era of AI
New Delhi, 16th October 2024: The 8th Edition of Indian Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), kicked-off today with inauguration by Prime Minister Narendra Modi at Bharat Mandapam. Hon’ble Prime Minister took a walkthrough of […]
D2C Brands See 64% Surge in Festive Orders, Outperforming Marketplaces: GoKwik finding
Gurugram, October 16th, 2024, In a significant shift in the online retail landscape, D2C brands have outpaced marketplaces during the recent sale period, recording an impressive 64% growth in orders from last year, compared to the 26% growth seen on marketplaces. This shift reflects growing shopper confidence and trust in D2C brands making them inert to […]
Insurance-Tech Startup Healspan Raises Seed Funding Led by Lead Angels
The funds will be used to enable growth, talent acquisition and revenue enhancement National, October 16, 2024: Bengaluru-based insurance-tech startup Healspan – provider of a disruptive revenue cycle management software enabling hospitals to seamlessly manage all key aspects relating to their health insurance claims settlement and revenue enhancement – has raised an undisclosed amount of seed funding […]
Chanakya Opportunities Fund promotes Green India by Leading Investment in Cosmic PV Power
15th October 2024, Ahmedabad- Cosmic PV Power, a leading Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) in solar panel manufacturing, has secured a significant lead investment from Chanakya Opportunities Fund I, led by CA Kresha Gupta. Renowned for its excellence in the production of high-quality solar panels, Cosmic PV Power provides its OEM and […]
Cygnet.One the first ASP GSP platform to go live with ‘Invoice Management System under the GST regime’
Ahmedabad, India – October 15, 2024 – GSTN introduced a new application ‘Invoice Management System’ dated September 3, 2024, to bring more transparency to the existing Input tax credit mechanism. This application will go functional with data being provided from GSTN starting 14th of October. Cygnet.One, a leader in digital compliance solutions goes LIVEwith its […]
