Anvaya Ventures invests in Accel backed Spyne.ai…… Capillary expands Series D funding to $140 Mn......Innovaccer raises $150Mn Series E at $3.2 Bn valuation........ Surgical Innovation Associates acquired by Integra........Capillary Buys Persuade, Brierley........THB raises $20 Mn.........Ecosoul raises $10 Million

Author - shankar

Anvaya Investing in Spyne

Spyne is pioneering a transformative approach to business catalog creation, ensuring businesses can sell online with enhanced efficiency and confidence. Their innovative solutions are streamlining the process for used-car dealerships and marketplaces, enabling them to create engaging vehicle display pages brimming with immersive 360° views and enticing images. Their trajectory has been phenomenal. In just...

Innovaccer Announces Acquisition of Pharmacy Quality Solutions to Accelerate Value-Based Care in Pharmacy Settings

Today, Innovaccer, a leading healthcare company, has announced the completion of its acquisition of Pharmacy Quality Solutions (PQS), a leader in Pharmacy-Payer performance technology. This strategic move reinforces Innovaccer’s commitment to accelerating value-based care across the healthcare ecosystem and have the largest distribution of providers and pharmacy network combined. PQS covers 95% of all community pharmacies and 10...

Sequoia-Backed Capillary Technologies Acquires SaaS Co Brierley

SaaS startup Capillary Technologies has acquired US-based Brierley for an undisclosed amount. The acquisition will help Capillary expand its customer loyalty platform, upscale business and enhance product capabilities as well as partnership networks. The acquisition will further enable Capillary to deliver exponential value to its enterprise clientele, thus, helping them improve customer engagement and loyalty. It is prudent to...

Capillary Technologies expands Series D funding to $140M

SaaS startup Capillary Technologies has increased its Series D round to $140 million, with $20 million designated for employee stock ownership plan (ESOP) payouts. The company plans to use the fresh funding to fuel AI initiatives (generative loyalty) and global expansion. The Singapore-based company's initial Series D round in June last year, which raised $45 million,...

Actor Bhumi Pednekar Invests In D2C Eco-Friendly Home Essentials Startup EcoSoul

Actor Bhumi Pednekar has invested an undisclosed amount in D2C eco-friendly home essentials startup EcoSoul Home. As part of the deal, Pednekar has also been appointed as the brand ambassador of the company. “As a brand ambassador and investor, Bhumi will foster EcoSoul’s mission of accelerating the world’s transition to a sustainable way of living –...

Innovaccer Aims To Reach $200 Mn In Annualised Revenue Rate By Year-End

(MENAFN- IANS) New Delhi, Feb 14 (IANS) Healthtech unicorn Innovaccer is geared up to turn profitable in the next two quarters, aiming to reach nearly $200 million in annualised revenue rate (ARR) by the end of this year, its Co-founder and CEO Abhinav Shashank said on Wednesday. The company turned unicorn in 2021 with a...

EcoSoul Home Inc raises $10 million round led by Accel, Singh Capital Partners

EcoSoul Home Inc., an eco-friendly home essentials retailer, has raised $10 million Series A round led by Accel along with the participation of Singh Capital Partners. EcoSoul offers eco-friendly alternatives within the 25 per cent price range of traditional mainstream plastic or paper goods. In contrast, early eco-friendly home essentials competitor brands priced their products at...

Innovaccer Recognized as a Leader in the Frost Radar™ 2023 Report

The report mentions that Innovaccer fosters trust and collaboration between payers and providers with a focus on patient engagement, communication, FHIR, API capabilities, data exchange, and interoperability. Accelerating Innovation for the Future of Healthcare Innovaccer achieved top scores in the latest Frost Radar™: Healthcare Payer-Provider Connectivity Solution in North America 2023. The company outperformed companies evaluated across two...

Innovaccer Unveils Sara, Healthcare’s First Self-Serve Conversational AI Assistant at HIMSS23

HIMSS23 attendees will be first in the industry to experience the company's next wave of innovative solutions, including the first conversational AI that makes generating complex analytic insights as easy as texting KEY POINTS Innovaccer is unveiling six new breakthrough solutions that help providers accelerate their success with population health, consumerism, and value-based care. Leading the...

Foreign VC funding drops 72 percent as unicorn machines stutter: Report

As the funding winter continues, the venture capital order is getting upended. Foreign firms such as Tiger Global, Sequoia, SoftBank, Accel, and Y Combinator have nearly shut their taps, reported Business Standard. Tiger and Accel have seen their investments fall by 97 per cent in 2023 so far, compared to the same period last year. Sequoia’s is...