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Xoriant Acquires MapleLabs

By Team VS

Xoriant, a ChrysCapital company that engineers modern platforms, leveraging the latest developments in AI announced MapleLabs Inc. as a Xoriant company. MapleLabs started a decade ago as a specialized product engineering firm serving Fortune 500 clients in the hi-tech industry. The company, with over 300 consultants, brings a strong focus on Hybrid cloud infrastructure and cloud native engineering, including SRE and observability, leveraging its expertise in platforms and cutting-edge technologies.

Swiggy and IRCTC Collaborate To Deliver Pre-Ordered Meals

By Team VS

Largest e commerce portal of Indian Subcontinent, Indian Railway Catering and Tourism Corporation (IRCTC) has partnered with Swiggy, India’s leading on-demand delivery platform to facilitate the provision of pre-ordered dishes via IRCTC's e-catering portal. The facility will initially begin operations at four railway stations, namely Bengaluru, Bhubaneswar, Vijayawada, and Visakhapatnam.

[Funding alert] Trust Fintech Secures INR 5.42 Cr in Pre-IPO Round

By Team VS

Trust Fintech Limited (Formerly Trust Systems & Software), is a leading IT Solutions and Services Company in India has secured INR 5.42 Cr in Pre-IPO Round. According to a statement, investors in the Pre-IPO Round included Tejas Goenka, MD of Tally Solutions; Nitin Sathawane, Head of Business at Mphasis Canada; Ramnath Raikar, former Treasury Head at HDFC Bank; and Sameer Gupte, MD at NSDL Data Management Ltd.

[Funding alert] Ghost Kitchens India Secures $5 Mn Series A Funding

By Team VS

Ghost Kitchens India, Helping Restaurants and Cloud Kitchens to earn incremental revenue. 150 partners in 40+ cities has secured $5 Million in Series A Funding (mix of equity and debt) led by GVFL Limited. Other investor such as NB Ventures, LetsVenture, and Lead Angels and Existing investors Yuj Ventures, Dholakia Ventures, and actor Rana Daggubati also participated in this round.