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Deepti Sri · · 1 min read

🇮🇳 Roundup: Goldman-backed FirstMeridian buys IT staffing firm, more

Startups in India, including SatSure, Dvara SmartGold, Goldsetu, Meraqui, Burgerama, H3Mart, Atirath, and Invact Metaversity, have raised at least US$10.37 million in funding over the past day from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news from India today:

Goldman Sachs-backed FirstMeridian buys IT staffing company

FirstMeridian, a human resources investment platform, has acquired RLabs, an IT staffing and consulting firm, for an undisclosed sum.

FirstMeridian, founded in 2018, has so far acquired six HR solution providers: Innovsource, V5 Global, Affluent Global, Cornucopia, CBSI, and RLabs. The company has a total headcount of nearly 110,000 associates across more than 3,500 locations throughout India.

Meanwhile, RLabs provides staff augmentation, IT consulting, and managed services to help companies with staffing professionals with skillsets in areas like AI and robotics, mobility, cloud computing, and enterprise storage, among others.

Fitness startup Fitpage acquires registration platform for racing

Mumbai-based Fitpage has acquired India Running, a registration platform for races, for an undisclosed amount.

Fitpage said the deal will help the company provide registration, nutrition, and training to its users via a single platform.

While India Running lets users search and register for running events, Fitpage is a fitness firm that aims to improve the cardiovascular fitness of users through an integrated approach to education, nutrition, and training.

 

Editing by Samreen Ahmad and Arpit Nayak

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Deepti Sri