You are currently viewing Startup news and updates: Daily Roundup (September 29, 2023)

Startup news and updates: Daily Roundup (September 29, 2023)

ETS acquires PeopleStrong’s assessment and remote proctoring business

ETS, a private non-profit educational research and measurement organisation, has acquired Wheebox, the assessment and remote proctoring business of HR tech company PeopleStrong.

The deal was led by ETS Strategic Capital, the private equity investment and merger and acquisition execution arm of ETS, its subsidiaries and its partners. The acquired business will continue to operate independently as a majority-owned subsidiary of ETS. 

ETS, an independent nonprofit, aims to enhance education access through skills measurement. Partnering with Wheebox, a subsidiary of PeopleStrong, could amplify its reach and help it expand globally.

<figure class="image embed" contenteditable="false" data-id="527219" data-url="" data-alt="Intervono Ventures acquires Mera Cashier, will rebrand it to Indibook" data-caption="

” align=”center”>Intervono Ventures acquires Mera Cashier, will rebrand it to Indibook

Vehant Technologies signs MoU with IIT Jodhpur  

Vehant Technologies, an AI/ML-based security screening solutions provider, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology, Jodhpur (IIT Jodhpur) to work collectively on research-based projects. 

After IIT Mandi and IIIT Delhi, the third MoU was signed to strengthen industry-academia collaboration. The partnership will sponsor up to five MTech students in 2023-2024 and support PhD research in AI and ML, faculty consulting, and research projects. The project work will begin on September 29.

Vehant and IIT Jodhpur researchers will collaborate to develop enhanced applications based on artificial intelligence and machine learning technologies in security screening services.  

(This article will be updated with the latest news throughout the day.)

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