Mumbai, Jul 10 (PTI) ICICI Venture on Thursday said it has invested Rs 100 crore to buy stakes in supply chain-focused software-as-a-service company Arteria Technologies.
The funding will be deployed for team expansion, market growth, and driving AI-based product improvement as the company scales its enterprise supply chain digitisation and embedded lending solutions, according to a statement.
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* Clean Fanatics raises USD 2 million from Inflection Point Ventures, others
Clean Fanatics, a home cleaning platform, on Thursday said it has raised USD 2 million in a funding round led by Inflection Point Ventures.
The company has grown its revenues by 8 times in the last two years and is servicing over 2,500 homes per month right now, a statement said. ******************
* Digital Connexion appoints Srinivasan as CEO
Digital Connexion, a joint venture between Brookfield Asset Management (Brookfield), Reliance Industries and Digital Realty, on Thursday announced the appointment of C R Srinivasan as its chief executive officer.
Srinivasan has served as the CEO of Sify Digital Services and has also led the Tata Communications' cloud and cybersecurity business, according to a statement.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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