Category: Tech News

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India’s AI-driven SaaS firm Impact Analytics raises $40mThe growth financing was led by Sageview Capital, with support from Vistara Growth.

AI-driven software-as-a-service (SaaS) solutions provider Impact Analytics on Tuesday said it has raised $40 million in growth financing led by Sageview Capital, with support from Vistara Growth. As part of this transaction, Jeff Klemens, partner at Sageview Capital; and Prashanth Palakurthi, senior advisor at Sageview Capital and founder and former CEO of Reflexis Systems, will join… Continue reading India’s AI-driven SaaS firm Impact Analytics raises $40mThe growth financing was led by Sageview Capital, with support from Vistara Growth.

SG-based Azalea Investment Management secures $356m in first close of two funds

Singapore-based Azalea Investment Management has announced the first close of its Altrium Co-Invest Fund I (ACF I) and Altrium Growth Fund I (AGF I) at $356 million. The company said that ACF I secured $200 million in its first close since fundraising commenced in mid-2023, while AGF I marked its first close at $156 million.… Continue reading SG-based Azalea Investment Management secures $356m in first close of two funds

Bain & Company appoints Christophe De Vusser as new global CEO

Consultancy Bain & Company said on Tuesday it had appointed board member Christophe De Vusser as its global CEO, effective July 1. De Vusser will succeed Manny Maceda, who is serving his second three-year term as CEO, according to a statement from Bain. De Vusser, the first European to become Bain’s CEO, joined the Boston,… Continue reading Bain & Company appoints Christophe De Vusser as new global CEO

Zee says $10b merger with Sony India on track

India’s Zee Entertainment said on Tuesday it was committed to its merger with Sony’s local arm, after media reports said the Japanese firm was planning to scrap the $10 billion deal. Zee said reports of the deal falling through were “baseless and factually incorrect,” and that it continues to work towards closing the deal. Sony… Continue reading Zee says $10b merger with Sony India on track

Starbucks India looks to more than double store count to 1,000 in 4 years

Tata Starbucks, a joint venture between Starbucks and Tata Consumer Products, said on Tuesday it plans to operate 1,000 cafes in India and double its workforce by 2028, amid fierce competition from local chains. Since opening its first cafe in October 2012, Tata Starbucks’ store count has grown to 390. It has opened 57 stores so… Continue reading Starbucks India looks to more than double store count to 1,000 in 4 years

Deals Digest: Indonesia’s Venteny acquires 30% stake in DPI; Zendesk to acquire KlausIDX-listed Venteny also operates in the Philippines, Singapore, a…

Indonesian human resources solutions provider Venteny has bought a stake in in PT Digitalisasi Perangkat Indonesia, while customer service software maker Zendesk is set to acquire AI-powered quality management platform Klaus. Venteny eyes DPI’s e-money licence Indonesian employee benefits and fintech solutions provider Venteny on Tuesday announced that it has obtained a 30% stake in… Continue reading Deals Digest: Indonesia’s Venteny acquires 30% stake in DPI; Zendesk to acquire KlausIDX-listed Venteny also operates in the Philippines, Singapore, a…

Asia Digest: PH-based Salarium suspends operations; Gulf Capital exits AmCan

Philippines-based payroll and HR software company Salarium has reportedly stopped operations over “technical issues” that it has been unable to resolve. In a separate development, UAE-based private equity firm Gulf Capital has announced its exit from AmCan, a MENA-based distributor of sports nutrition products. Salarium said to have stopped operations Philippines-based payroll and human resource… Continue reading Asia Digest: PH-based Salarium suspends operations; Gulf Capital exits AmCan

Hyperkin has made a handheld Sega Genesis that plays original carts

/ The Mega 95 is equipped with a five-inch screen and can be docked to a TV if you want to play on a big screen with additional controllers plugged in. By Jon Porter, a reporter with five years of experience covering consumer tech releases, EU tech policy, online platforms, and mechanical keyboards. Share this… Continue reading Hyperkin has made a handheld Sega Genesis that plays original carts

India Digest: SentinelOne buys PingSafe; Riskcovry snags $4.5m in bridge roundRiskcovry plans to use the funds to push towards profitability and close…

SentinelOne’s deal to acquire PingSafe values the young startup at over $100 million, while insurtech startup Riskcovry said it has raised around $4.5 million in a bridge round. SentinelOne buys PingSafe for over $100m SentinelOne’s deal to acquire PingSafe values the Peak XV-backed young startup at over $100 million, TechCrunch reported. The New York Stock… Continue reading India Digest: SentinelOne buys PingSafe; Riskcovry snags $4.5m in bridge roundRiskcovry plans to use the funds to push towards profitability and close…