Key Signals in Enterprise Software
|
|
|
Centre Setup and Expansion
Odisha CM Naveen Patnaik to inaugurate IBM center in Bhubaneswar
Odisha Chief Minister Naveen Patnaik inaugurated the company’s Client Innovation Center (CIC). Mr. Patnaik announced that most IT companies setting foot in Bhubaneswar and Odisha are emerging fast as technology resource hubs. Read More>>
Mergers and Acquisitions
Paycor acquires Talenya to extend its industry-leading technology platform with AI recruiting
Paycor acquired Talenya, a cutting-edge, AI-driven recruiting platform that automatically sources quality talent faster and significantly lower cost. Talenya’s innovative platform will allow Paycor customers to reduce time to fill critical roles by sourcing candidates who are actively looking to change jobs and passive candidates who are not actively seeking a new role. Read More>>
Partnerships
Nextdoor and Oracle Advertising announce strategic collaboration
Oracle Advertising will offer greater transparency and controls to Nextdoor advertisers, helping ensure high-value, optimal ad experiences on the platform. Nextdoor knows advertisers are seeking more definitive ways to help ensure environments uphold the highest standards. Read More>>
Creatio Partners with Eligeo CRM Inc to help organizations in Canada automate workflows with no-code to drive growth
The Company announced its partnership with Eligeo. The new partnership is aimed at helping more businesses in Canada ease their workflow automation with no-code, driving growth and profitability. Read More>>
StarLink onboards Automation Anywhere and signs a partnership at GITEX
StarLink is collaborating with Automation Anywhere to expand its RPA and AI-driven intelligent automation solutions portfolio to more customers across the Middle East. Organizations are constantly looking to transform their operations and are investing heavily in technologies driven by RPA and Artificial Intelligence. Read More>>
Executive Movements
Bittium Corporation’s CEO changes
Mr. Hannu Huttunen, the company’s CEO, has announced that he will resign. The Board of Directors of Bittium Corporation has initiated a search for a new CEO to select a new CEO by the beginning of next year. Read More>>
Confluent Medical Technologies names Matthew K. Eckl as Chief Financial Officer
Confluent Medical Technologies appointed Matthew K. Eckl as Chief Financial Officer. Matt has exceptional experience in finance and financial operations and leadership across various design and manufacturing organizations. Read More>>
Domo names Monica Pool Knox as Chief People Officer
Monica Pool Knox will join Domo as Chief People Officer and lead the global Human Resources organization to optimize the capability of Domo’s talent and inspire a culture where employees can do their best work. More recently, she led global HR as Senior Vice President and Chief People Officer for Nasdaq-listed LivePerson. Read More>>
Financial and Market Activity
Brambles 1Q sales revenue up 6% on-year
Brambles reported a lift in first-quarter sales revenue because of good prices, although cautioned sales growth may slow in its fiscal second half amid challenging market conditions. The Australia-listed company announced sales revenue from continuing operations totaled USD 1.35 Bn in the first three months of fiscal 2023, up 6% on the year-earlier period. Read More>>
Paychex declares quarterly dividend
The Board of Directors of Paychex, Inc. declared a regular quarterly dividend of USD 0.79 per share payable November 23, 2022, to shareholders of record November 9, 2022. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their businesses. Read More>>
|
|
Key Signals in Consumer Software
|
|
|
Centre Setup and Expansion
Thrse Coffey MP opens NHS diagnostic center in Haringey
NHS patients in Haringey can now get blood tests, x-rays, ultrasound scans, and specialist eye tests in a newly opened hub in a shopping center. The center, operated by Whittington Health NHS Trust and including services run by other NHS organizations, is expected to have provided more than 40,000 tests to patients by the spring. Read More>>
Alibaba invests in cloud computing with a new campus
Alibaba opened a new campus for its cloud computing unit, Alibaba Cloud, in its home city of Hangzhou. Alibaba owns the 10-building, 2.1 million-square-foot campus, roughly the size of the two million-square-foot campus for Google’s Silicon Valley headquarters, aka the Googleplex, in Mountain View, California. Read More>>
Deals
Whistls Relish signed an exclusive delivery deal with Deliveroo
Whistls Relish signed an agency-exclusive delivery deal with Deliveroo that will transform in-home sampling opportunities for FMCG brands and media planners. Through the agreement, brands will be able to send difficult-to-handle samples, such as chilled, alcohol, full-size, and short-dated products, alongside Deliveroo deliveries direct to consumers. Read More>>
IAS selected to provide transparency to Netflix’s advertising platform
Netflix will provide transparency into IAS’ advertising performance on the upcoming Netflix ad-supported tier. Using IAS’ viewability and invalid traffic (IVT) verification, brands and agencies will gain insights into campaign reach and engagement to drive outcomes and shape marketing strategies. Read More>>
Partnership
The Indian e-commerce giant Flipkart teamed up with eDAO to start the Flipverse
Flipverse will be available on FireDrops, a new Flipkart platform accessible through Flipkart’s app. Flipverse will give a lot of brands the tools they need to make unique product launches, discoveries, and inspiring experiences that will attract and keep users’ attention. Read More>>
Executive Movement
Airgain complements Michael Elbaz as CFO
Airgain added Michael Elbaz as Chief Financial Officer (CFO) and Secretary. Mr. Elbaz brings over twenty-five years of experience in corporate and global finance and strategy. As CFO, Mr. Elbaz will lead Airgain’s accounting, financial planning and analysis, treasury, investor relations, and information technology functions. Read More>>
VEON appoints Matthieu Galvani as Chief Corporate Affairs
VEON appointed Matthieu Galvani as Chief Corporate Affairs Officer. He will be responsible for VEON’s corporate affairs strategy and public profile, working across all aspects of government relations and communications and leading VEONs environmental, social, and governance initiatives. Read More>>
Vacasa appoints TurnKey co-founder as Chief Operating Officer
After Rob Greyber became CEO of Vacasa, the board shook up the leadership ranks, including naming TurnKey co-founder John Banczak as chief operating officer. TurnKey was Vacasas main rival among property management companies in North America until Vacasa bought Turnkey for USD 619 Mn in April 2021. Read More>>
Layoff
HelloFresh lays off over six hundred workers at its Richmond facility
HelloFresh permanently closed its Richmond plant, eliminating more than six hundred jobs. Some senior employees will take jobs from less-senior employees when a layoff happens. The majority comprises production associates. Read More>>
Financial and Market Activity
Justdial revenue grows 2X in Q2 FY23; profit jumps 200% QoQ
Justdial recorded a net profit of INR 52.2 Cr (USD 6.3 Mn) in the second quarter of the budget year 2022-23, a quarter-on-quarter (QoQ) rise of 207.85% from the loss of INR 48.4 Cr (USD 5.8 Mn) in Q1 FY23. The net profit margin was 25.4% in Q2 FY23, compared to -26.1% in Q1 FY23. Read More>>
|
|
Latest Industry Insights from Draup Braindesk
|
|
|
Key Funding Alert
Australian fintech firm Airwallex raises USD 100 Mn, retains USD 5.5 Bn valuation
Airallex’s total funding increased to more than USD 900 Mn. The company, which allows customers to issue and pay international invoices and bills through its payment platform, announced its revenue had risen 184% year-on-year, and its customer base had more than doubled. Read More>>
|
Startup Spotlight
Company – Valitor
Total Funding – USD 38.97 Mn
About: Valitor developed novel methods of modifying therapeutic proteins to achieve substantial control over their pharmacokinetics, target specificity, and bioactivity. Their technology platform can improve the pharmacological properties of many approved or under-development protein drugs. Read More>>
|
|
Here’s what’s new on our Sales Intelligence Platform
View Customer Distribution by Vertical
|
|
- Get an understanding of the focused verticals of service providers with Customers Distribution by Vertical analysis in Customers section
- Get to see the financial results in reported currency with the flexibility to change the currency in Financials section
|
|
|
|
|
Sales
