Friday, October 7, 2022

Netcore Cloud takes majority stake in Unbxd Inc, after $100m investment

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Netcore Cloud, an SaaS company in customer communication, engagement, and retention, bets big on Personalization with its investment of close to $100m to acquire a majority stake in US-based, search-personalization company Unbxd Inc. It will also be infusing additional funding into Unbxd to propel the company's growth in developed markets. Founded by Pavan Sondur and Prashant Kumar in 2012, Unbxd is a 120-member team and has built a best-in-class AI-powered Product Discovery suite.

GRI funding the future of sustainability reporting with newly created position

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A new senior role has been established within GRI, the provider of the world’s most widely used sustainability reporting standards, to drive forward fundraising and donor engagement. Jérôme St-Denis has been appointed as Chief Donor Engagement Officer (CDEO), with responsibility for implementing the strategy to strengthen GRI’s grant financing through a diversified development strategy. His role is inclusive of outreach to corporate donors, private foundations and bilateral funders. The CDEO is a member of the GRI Leadership Team.

MYbank serving 45 million SME clients by leveraging digital tech

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MYbank, an online private commercial bank and an associate of Ant Group, reported that it served over 45 million small-and-micro enterprise (SME) clients at the end of 2021, representing a nearly 30 percent increase year-on-year, according to its 2021 annual report. Leveraging its mobile app and cloud-based infrastructure, MYbank pioneered the “310 lending model”. Using this innovative model, it takes SME owners just a few clicks on their phones to obtain a collateral-free business loan. The entire application process can be completed within three minutes, approved within one second and requires zero human interaction.

Clinscience further invests in market transforming tech, buys Agati Group

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Clinscience US LLC, a subsidiary of Neuca Group, on 26th of April 2022 signed an investment agreement to acquire 51% of shares in Agati Systems. The US-based (Texas) organisation, together with its Indian subsidiary, Agati Clinical Informatics, having branches in Bengaluru and Chennai, provides clinical data, regulatory, and custom software services.

PUMA most sustainable in Business of Fashion Sustainability Index 2022

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PUMA is the most sustainable brand in the industry according to the latest ranking by publication Business of Fashion, which ranked the 30 largest companies in fashion. Business of Fashion noted that PUMA had leading scores for water & chemicals, worker’s rights and transparency, while also sharply improving its emissions score compared to last year. Overall, PUMA scored 49 out of 100 points, well above the industry average of 28.

EcoVadis secures $500m investment led by Astorg and BeyondNetZero

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EcoVadis, the provider of globally trusted business sustainability ratings, has raised $500 million with plans to accelerate its vision of influencing every business decision within the organisation with sustainability intelligence, becoming a sustainability impact unicorn.

Quectel casts CaaS and integrated SIM to ease APAC IoT deployments

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Quectel Wireless Solutions, an IoT solutions provider, is building on the successful EMEA roll-out of its Connectivity-as-a-Service (CaaS) and is launching connectivity sales in the APAC. This launch complements Quectel’s heritage of providing innovative modules and antennas to support cellular apps and allows clients to simplify edge-based deployments by purchasing SIM cards and connectivity management alongside modules, antennas and design services.

Belgian operator Telenet deploys Netcracker’s CPQ in the public cloud

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By hosting CPQ in the public cloud, Telenet will be able to grow its enterprise business through improved control over the software and a more consistent and simplified management of the product price list.

Lineage Logistics to acquire Spanish cold-store operator Grupo Fuentes

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Lineage Logistics, LLC (Lineage), a temperature-controlled industrial REIT and logistics solutions provider, announced its intention to acquire Grupo Fuentes, an operator of transport and cold storage facilities, in Murcia, Spain. Grupo Fuentes operates a fleet of over 500 vehicles and trailers, 6 logistics centers, a cold storage warehouse, and support services.

Conviva’s streaming analytics innovation wins two awards

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Conviva, the streaming analytics platform, has received two awards from the Association for Computing Machinery’s Special Interest Group on Data Communications (ACM SIGCOMM) namely: the ACM SIGCOMM Test of Time and the SIGCOMM Networking Systems Awards.