Viestories

Access to financing remains crucial for small businesses to fund growth plans, including procuring essential equipment.

The AI-driven low-code test automation platform Testsigma has raised $8.2 million in funding, with MassMutual Ventures leading the investment together with previous backers BoldCap, Accell, and STRIVE.

A pre-Series A investment round led by Monk's Hill Ventures and including Quona Capital, QED Investors, and current partners has brought in $5.3 million for iPiD, a fintech business that specialises in payee verification and identity solutions.

The Rise Fund of TPG and Kabira Holdings led the Rs 547 crore (or $66 million) Series E round that the digital lending platform Fibe (previously EarlySalary) raised.

The US entertainment content website SoapCentral.com has been acquired by Absolute Sports, a sports media platform and a Nazara Technologies subsidiary, for an all-cash payment of $1.4 million.

Abhaya Hota, a former official of National Payments Corporation of India, has joined the board of independent directors of Cashfree Payments, a fintech platform.

Cisco is launching a $1B global investment fund to expand and develop secure, reliable and trustworthy AI solutions.

Platform for content-to-commerce Lauren Bloomer, the former CEO of Becca Cosmetics, has been named president of the Good Glamms Group's international division.

Scimplify, a platform for all specialised chemical sourcing and manufacturing, raised $5 million in a new round.