Category: Acquitions

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Freshworks completes key acquisition with Flint to strengthen intelligent automation for IT teams

Acquisition brings advanced automation and cloud management capabilities for IT teams navigating the remote work era. Freshworks Inc., the customer engagement software company, announced that it completed a key acquisition with Flint, a leading IT orchestration and cloud management platform, to bolster Freshservice”s IT service management (ITSM) and IT operations

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Reliance Jio acquires 87% stake in Times Internet-backed chatbot firm Haptik

Reliance Industries Ltd, through its subsidiary Reliance Jio Digital Services Ltd (RJDSL), has acquired 87% stake in artificial intelligence (AI) chatbot company Haptik Infotech Pvt. Ltd for ₹700 crore with the rest being held by Haptik founders and employees through stock option grants. The investment will help Reliance Jio Infocomm

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Byju’s valuation crosses $5-billion mark, Investment from GA, Tencent to help in international play

India’s fourth largest startup, Byju”s has raised funding of $31 million (around Rs 214 crore) in a financing round led by US-based investor General Atlantic(GA), along with Chinese internet giant Tencent and Canada Pension Plan Investment Board (CPPIB). The investment takes the valuation of the Bengaluru-based company to over $5 billion, from

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