ContractPodAi, a legaltech company that provides an AI-driven contract lifecycle management software platform, raised $55m in Series B funding.
Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a Mumbai, India-based technology consulting and digital solutions company, is to acquire Lymbyc (previously known as Ma Foi Analytics), a Bengaluru, India-based specialist AI, machine learning, and advanced analytics company.
Moglix, a New Delhi, India-based B2B commerce company, closed a USD$60M Series D round of funding.
NiYO Solutions, a Bengaluru, India-based new-age digital banking startup, raised US$35m in Series B funding.
CloudHedge Technologies, a Pune, India-based automated, intelligent application modernization platform, raised funding from NTT DATA Corporation, Japan.
Simreka, a provider of simulation software that accelerates materials driven product and manufacturing process innovation using AI, raised a seven figure seed financing round.
Yellow Messenger, a Kuala Lumpur, Malaysia, and Bangalore, India-based provider of conversational AI solutions to enterprises across Asia, raised $4m in Series A funding.
NoBroker.com, a Bangalore, India-based online real estate company, raised USD $51m in Series C Funding.
TheMathCompany, a global data science firm, funding from Arihant Patni, raised a Series A round funding from the Patni Computers Family Office.
Locus, a Bangalore, Karnataka-based AI-backed supply chain optimization company, secured $22M in Series B funding.
Dvara Kshetriya Gramin Financial Services Private Limited (DVARA KGFS) (formerly Pudhuaaru Financial Services Private Limited), a Chennai based financial inclusion company providing customer-centric services in rural India, raised INR 97 crores (approx. $14m) in Series E funding.
ftcash, a Mumbai, India-based fintech startup that provides merchant cash advances to micro merchants, has raised 50 Crores (approx. $7.2M) in Series A funding.
Ceipal, a Rochester, New York and Hyderabad, India-based provider of an SaaS platform that automates both the front and back-office business operations of staffing companies, raised $7.5m in funding.
mfine, an Indian healthtech AI startup, raised $17.2m in Series B funding.
Pine Labs, a New Delhi, India-based merchant platform company, is to acquire Qwikcilver, a Bangalore, India-based gift card solutions provider, for US$110m, subject to closing conditions.