Spyne, an AI-driven visual merchandising platform tailored for the automotive industry, has raised USD 16 million in its Series A funding round, led by Vertex Ventures. The round also saw participation from existing investors, including Accel, Storm Ventures, and Alteria Capital. This new funding will enable Spyne to accelerate its growth, particularly focusing on expanding...
Healthcare technology company Innovaccer announced its acquisition of Humbi AI, an actuarial software, services and analytics company used by providers, payers and life sciences companies. Innovaccer’s cloud powers a slew of healthcare AI features like an AI-assisted care management system, contract management, ambient documentation, pre-visit summary and AI-suggested differential diagnoses. Financial details of the deal were...
Healthcare-focused software-as-a-service (SaaS) firm Innovaccer Inc has closed a $275 million funding round, comprising both primary and secondary components, with participation from investors including B Capital Group, Kaiser Permanente and M12. Budget with ET Fraught juggling act draws near for Nirmala Sitharaman. What will Feb 1 bring? Budget 2025 needs to pull off a big growth trick for the untapped...
Capillary had filed its draft IPO papers with the market regulator back in December 2021 but shelved those plans after the market had turned. Software-as-a-service (SaaS) firm Capillary Technologies has hired Nomura, IIFL Capital Services (previously IIFL Securities) and JM Financial for its public market debut later this year, sources told Moneycontrol. The company will file...
Capillary Technologies has restarted the preparations for its IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year, sources told Inc42. The IPO size would be almost double from the $114 Mn (about INR 850 Cr) the customer loyalty and engagement platform planned to...
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...
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...
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...
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 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 –...
