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Sachi Komarasamy
Founder & CEO, Intellizence
Sachi Komarasamy is a highly experienced professional with a background in business and technology. She holds a master's degree in business administration and has more than 10 years of experience in the industry. Komarasamy has worked with various startups and established companies in the tech industry, providing strategic insights and project management services.
Apart from her professional accomplishments, Komarasamy is also a dedicated social activist who works for the upliftment of marginalized communities. She is an advocate for human rights and gender equality, and often collaborates with non-profits and NGOs to spearhead change in these areas.
With her extensive experience and diverse interests, Komarasamy is a dynamic professional who is constantly seeking new challenges and opportunities to make a positive impact.
Highlights
In the first half of 2024, US companies experienced significant #layoffs, reflecting ongoing economic challenges and industry-specific adjustments.
Key findings:
📍 Layoffs announcements are on a decline 📉 - both in terms of the number of companies and the number of jobs impacted.
📍 Popular companies that announced mass layoffs: Citigroup, UPS, Tesla, Cisco & Prima Wawona.
📍 Top industries impacted: Technology, Retail, Banking and Financial Services, Manufacturing
Our customers use #Layoffdata for : 🎯 Tracking #risk signals in customers and vendors for potential churn & distress 🎯 Making #investment decisions 🎯 Crafting #sales pitch for distress solutions like financing options 🎯 Identifying #acquisition targets 🎯 #Hiring people from companies that announced layoffs
The #data is curated from public announcements - news, press wires & #WARN notices.
Top 5 #Deals - June 2024 💰
#Mergers & #Acquisitions : ▶ Waste Management, the provider of comprehensive waste management, has acquired Stericycle, a medical waste management company, for approximately $7.2 billion. ▶ Bain Capital has acquired PowerSchool Holdings, a leading provider of cloud-based software for K-12 education, for $5.6 billion. ▶ Finnish insurer Sampo has acquired Topdanmark in a deal valued at 33 billion crowns ($4.73 billion). ▶ BD to acquire Edwards Lifesciences' Critical Care Product Group for $4.2 billion to expand smart connected care solutions and become a leader in advanced monitoring technology. ▶ Aareal Bank AG and its majority owner, Advent International, have agreed to sell their software unit, Aerial Tech Unit, to private equity firm TPG and Canadian pension fund Caisse de Depot et Placement du Quebec for €3.9 billion ($4.2 billion).
#Startup #Funding
▶ Volkswagen Group will invest $1 billion in EV startup Rivian as part of a broad software development deal, which could grow to a total investment of up to $5 billion. ▶ GM is investing $850 million in its autonomous vehicle subsidiary, Cruise, to support the continued development and deployment of Cruise's autonomous driving technology. ▶ Zepto, the 10-minute delivery app, has raised $665 million in a new round of funding, doubling its valuation to $3.6 billion from $1.4 billion in less than a year. ▶ AlphaSense, an AI-driven market intelligence and search platform, raised $650 million in funding, raising its valuation to $4 billion. ▶ Mistral AI, a Microsoft-backed startup focused on developing open-source AI models, has raised €600 million ($640 million) in a Series B funding round, bringing its valuation to $6 billion.
#Data
