Skit (previously known as vernacular.ai ), an AI-first SaaS speech automation firm, has raised $23 million in Series B funding to help it reach the next level of growth and product evolution. WestBridge Capital led the investment, which included Kalaari Capital and Exfinity Ventures, as well as an Angelist syndicate managed by Prophetic Ventures’ Aaryaman…
M·A·C Cosmetics India has named Bollywood film star Bhumi Pednekar as its first Brand Ambassador in India. Throughout a long-term partnership starting in September, Bhumi can be seen as the face of M·A·C’s key campaigns and collections in India, elevating premium artistry and translating contemporary expression of glamour to makeup lovers around the country. Never…
Teachee, a Singapore-based education technology startup, has announced its expansion into India. The brand, which is a subsidiary of Flight Technology Pte, enters the Indian market on the heels of its success in South Korea, where it has amassed over 35,000 instructors since its beta launch in October of last year. The company’s goal is…
As the Pro Kabaddi League is all set to make its return, ABP News has signed a deal to become the principal sponsor of the UP Yoddha team for the 2021-22 season. Just like the previous seasons, the league has seen phenomenal sponsorship interests at both league level and team level, making this an even…
TABP Snacks and beverages based out in Coimbatore has raised a pre series A round of 6cr from Chand family office Yukti which has invested in over thirty consumer facing businesses, Valuable structuring and advisory services llp, and a mix of angel investors. The funding round was led by Probhus Ventures. TABP is engaged in…
Databricks, the Data and AI company, today announced a $1.6 Billion round of funding to accelerate innovation and adoption of the data lakehouse, as the data architecture’s popularity across data-driven organizations continues to grow at a rapid pace. The Series H funding, led by Counterpoint Global (Morgan Stanley), puts Databricks at a $38 billion post-money valuation. Counterpoint Global is joined…
Rattle, a modern BizOps Automation & Orchestration platform, today announced a seed round of $2.8 million led by Lightspeed Venture Partners and Sequoia Capital India, as well as notable angel investors Amy Chang (EVP at Cisco and Disney board member), Ellen Levy (early investor in Outreach), Jake Seid (early investor in Brex & Carta), and…
Wildcraft will join with Hashtag Orange, a digital communications firm, in its next phase of expansion. With a consumer-centric approach, Wildcraft has been a leader in outdoor space for more than 20 years. With their passionately created items specifically designed for explorers who love the outdoors, they’ve made a name for themselves in the sector….
Nifty Games Inc., a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, has raised $26M in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12M in connected debt financing. Attracting investors globally, Nifty Games has raised over $50M since the company was…
Based in New Delhi The Better Home, a sustainable home care goods firm, was acquired by GlobalBees, a digital brand aggregator, today. Nitin Agarwal’s company purchased a 100 percent ownership in the Bengaluru-based company, allowing it to join the home care industry. The Better Home, which launched in February 2020, sells cleaning products made with…
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