3Lines Venture Capital, a Greenwood Village, CO- and Gurgaon, Haryana, India-based investment firm, closed on the first $5M tranche of its Rocket Fund.
Vedantu, an Indian online tutoring company, raised $42M in Series C funding.
Now live in closed beta, Snappy 2.0 was made by Appy Pie, the codeless app builder.
Tanla Solutions Limited (NSE: TANLA) (BSE: 532790), a Hyderabad, India-based cloud communication provider, is to acquire Gamooga, a provider of Big data, AI driven customer data and marketing automation platform.
Tala, a digital lending app company offering unsecured lending via smartphone direct to consumers, raised $110m in Series D funding.
Resolve Systems, an Irvine, CA-based IT automation and orchestration platform, acquired FixStream, a Bengaluru, Karnataka, India-based developer of Artificial Intelligence for IT Operations (AIOps), for $24m.
Miko, a Mumbai, India-based robotics company, raised $7.5m in Series A funding.
Barracuda Networks, a Campbell, Calif. — based provider of cloud-enabled security solutions, acquired InfiSecure Technologies, a Bengaluru, Karnataka, India-based provider of bot mitigation technology platform provider.
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.