Team VS

Perfectly Average, a brand that operates in the area of stackable scintillating jewellery and functional accessories today announced their exciting partnership with Mira Kapoor, who will serve as the face of the brand.

QarmaTek, a startup specializing in the renewal and refurbishing of electronics, has successfully raised $1 million (equivalent to Rs 8.3 crore) in a pre-Series A funding round. The round was co-led by Umang Nahata, Rakesh Raman, and Vishal Makwana.

Adda247, an ed-tech business supported by Google, has purchased Ekagrata Eduserv, a platform that specializes in test preparation for chartered accountancy (CA). The exact value of the acquisition has not been published.

Tech Mahindra, a prominent global technology consulting and digital solutions provider, has announced a partnership with Microsoft to enhance workplace experiences through the implementation of Copilot for Microsoft 365.

Dezerv, a platform specializing in wealth technology, has successfully secured Rs 265 crore or $32 million in a Series B funding round. The funding was primarily spearheaded by Premji Invest.

Accenture, a multinational technology corporation, has purchased Excelmax Technologies, a semiconductor design services company based in Bengaluru, India. The financial details of the acquisition have not been released.

Goat Brand Labs has secured $21 million in funding through a combination of loan and equity from several investors, including BlackRock, Mayfield, and NB Ventures. This comes at a time of ongoing challenges in the broader industry.

Centriti, a business-to-business (B2B) electronic procurement platform for the hotel, restaurant, and catering (HoReCa) industry, has secured a capital of Rs 6 crore in a round led by Emergent India Ventures.

IBM has just unveiled its GenAI Innovation Centre in Kochi. This centre will provide a platform for corporations, startups, and partners to investigate and develop generative AI technologies.

CreditEnable, a firm specializing in credit analysis and technology, has formed a partnership with the Women Entrepreneurship Platform (WEP), which is supported by Niti Aayog.