The SaaS News Roundup

Zoom enters definitive agreement to acquire Five9, AllCloud acquires Integress, Publicis Groupe has announced its acquisition of CitrusAd, Kamereo raised $4.6 million co-led by CPF Group, Quest Ventures, and Genesia Ventures, Razorpay, a fintech startup, has acquired TERA Finlabs, Captain Fresh raises $12 Million Series A financing round.

Show Notes

Zoom enters definitive agreement to acquire Five9 in an all-stock deal, approximately worth $14.7 billion. It would integrate the latter’s contact center-as-a-service solutions, into its communications platform to build better customer engagement in the future and accelerate long-term growth aspirations.

AllCloud acquires Integress for an undisclosed amount to help companies in their cloud transit journey.  With Integress accelerators that can expand, into AWS and Salesforce with data and analytics offerings, organizations would be able to accelerate their cloud journey.
 
Publicis Groupe has announced its acquisition of CitrusAd, a Sas retail media platform for optimizing brands’ marketing performances, for an
undisclosed amount. The acquisition would help it in three major areas of growth, customer understanding and consolidated measurement.
 
Kamereo, a purchasing platform and Tech-veggie supply for restaurants in Vietnam, has raised $4.6 million co-led by CPF Group, Quest
Ventures, and Genesia Ventures. The funds will be used to hire additional employees, create a new warehouse management system, update the user interface, and expand into Hanoi next year.
 
Razorpay, a fintech startup, has acquired TERA Finlabs, a Bengaluru-based sas startup, in an undisclosed deal. TERA Finlabs enables embedded finance solutions for organizations by providing technology, risk, and capital solutions. TERA Finlabs is a subsidiary of GAIN Credit, a digital lender located in the United Kingdom.
 
Accel Partners and Matrix Partners India led a $12 Million Series A financing round for Captain Fresh. The fresh funds will be used to continue investing more heavily in supply-side technologies, increase distribution globally, and invest in the company’s employees.

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