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Size Inclusivity in Fashion

YourUpdateTV

Over the course of the last year, women’s clothing brand, J.Jill, set out to better understand what women want from fashion and the shopping experience. In response, J. Jill is celebrating the launch of Welcome Everybody, a fully inclusive shopping experience online and in stores, that celebrates the totality of women everywhere. Recently, VP of Design at J.Jill, Elliot Staples, and Size Inclusive Style Expert, Rochelle Johnson, participated in a nationwide satellite media tour to discuss size inclusivity and the new Welcome Everybody campaign. A video accompanying this announcement is available at: https://youtu.be/x8xDhhQv9sU The Welcome Everybody campaign is a fully inclusive campaign that clearly communications J.Jill’s significant offerings and aligns with our mission of celebrating the totality of women The campaign was created to create a fully inclusive shopping experience, following extensive listening and market research with customers. Their visual campaigns will be refreshed with a range of models and influencers, such as Rochelle, showcasing a range of sizes and body types to ensure each customer can feel represented in J. Jill campaigns. Women are not just one size fits all, as we know almost 70% of women in the US are size 14 and above. It is important that brands not only understand that but stand behind that and design their product for women of all shapes and sizes. While J.Jill has always catered to this market, they are continuing to evolve and include more inclusive sizing throughout their product offering. Plus size fashion has historically been an underrepresented category in the fashion space and those who have not met the ideal size standards have been limited in fashion options. As Rochelle looks toward the season ahead, in terms of fashion, it’s really all about transitional items that get you from day to night. As a mom of two, anything that makes my morning easier such as ultra- premium fabrics that make my outfits feel luxe. The entire collection boasts beautiful details, easy silhouettes, and soft luxurious fabrics that J. Jill is so well known for. For more information, visit jjill.com About Elliot Staples Senior Vice President of Design, Product Development About Rochelle Johnson Rochelle Johnson, an influential voice in the size inclusivity space. With a dedicated following of over 411K followers on Instagram, Rochelle is an influential voice within the body inclusivity community. Through her social media and blog, Beauticurve, which she started almost 10 years ago, Rochelle refers to her platform as a one stop shop for all curvy girls to live a life of affordable style, lavish home decor, luxury, laughter and self-love. Known for her fashion expertise, Rochelle is working with J.Jill to continue to evolve how they represent all women in their product and in-stores. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

August 11, 2022 11:00 AM Eastern Daylight Time

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Have We Seen The Beginning Of The End Of Data Privacy In The European Union?

Benzinga

With the goal of protecting the European Union (EU) from child pornographers and other unsavory and illegal activity, the Digital Services Act, a regulatory act aimed at making the internet a safer place, is on its way to cracking down on Big Tech. Big Tech Could Be Facing Big Fines If Companies Don’t Comply Beginning in 2024, the new EU law will fine companies like Alphabet Inc. ’s (NASDAQ: GOOGL) Google, Meta Platform Inc. ’s (NASDAQ: META), Facebook and WhatsApp, Twitter Inc. (NYSE: TWTR) and Apple Inc. (NASDAQ: AAPL) up to 6% of their global revenue if they are caught violating the strict new rules. Companies like Meta could be looking at fines as high as $7 billion if it decides to ignore the new rules. Companies with repeat violations could eventually be banned from doing business in the EU. The law is a means of cracking down on advertising aimed at children as well as ads that target private information such as religion, gender and political opinions. The rules also give EU governmental entities the right to take down what they deem as illegal content, including any viewed as promoting terrorism, child sex abuse, hate speech or commercial scams. Additionally, online retailers such as Amazon.com Inc. (NASDAQ: AMZN) must adhere to the law by implementing similar protections for what governments view as suspect products, such as counterfeit items or unsafe children’s toys. The EU laws follow the U.S. Justice Department and Federal Trade Commission's move to file antitrust actions against Google and Facebook. In a statement released by Google, the company says, “As the (EU) law is finalized and implemented, the details will matter. We look forward to working with policymakers to get the remaining technical details right to ensure the law works for everyone.” Swiss - Hosted Privacy Company Rolls Out EU Regulation-Immune Chat Tool Alain Ghiai, CEO at Swiss-hosted privacy and cybersecurity company Sekur Private Data Ltd. (OTCQX: SWISF), is among those skeptical of the new laws on Big Tech's effect and intent. He sees the law as a government data grab. “This is not unlike China, where everything you do and post online is public property of the EU government, which will be scanning everything. When people use free (chat) applications like WhatsApp, Gmail and Signal and others, they basically force those providers to give them that information,” he said. “The question is whether what they’re doing is pure intent, or is there something else behind it? A lot of people think the new EU regulations are a new way to exercise full control over people’s privacy, and they’re very angry about it.” Taking advantage of the concern with EU government entities snooping on chat and email, Ghiai has been making the media rounds discussing his company’s newest encrypted feature on SekurMessenger, "Chat-by-Invite". The chat tool is Sekur ’s latest instant-messaging tool, letting Sekur users invite non-Sekur users by sending a SMS notification invite, and is now available in 25 countries, covering a population of 1.18 billion people, including SMS invite notifications coverage in the U.S., Canada, Switzerland, Australia, New Zealand, Singapore and most of Latin America and Europe. It says it gives subscribers complete privacy to chat with non-Sekur users, without the non-Sekur users having to register to, or download, Sekur. Chat-by-Invite reports that it protects Sekur subscribers’ instant messages which, when sent to a recipient, open into a private, secure platform hosted in Switzerland, through its proprietary HeliX connection. The chat is essentially occurring on Swiss servers owned and controlled by Sekur. Sekur says that once the instant messaging is completed, the messages disappear and hackers will be unaware of the conversation because of Sekur’s highly private and secure encrypted military technology, which is operating behind it. Though the country pays annual fees to do business with the EU, Switzerland is still independent of the union and is believed to have some of the best and strictest data privacy laws in the world. “Thank God, we’re in Switzerland, and we don’t have such a law (like the EU),” Ghiai said. “It’s not just that the government can go in and read your stuff. The danger is what happens when they get hacked?” With Sekur, there is no direct messaging on open-source platforms, making them invulnerable to cybersecurity breaches. The company reports it has developed or is rolling out products including SekurMail, SekurMessenger, SekurVPN, SekurVoice and SekurPro video conferencing, among others. The SekurMessenger with Chat-by-Invite app is now available on any web browsers, on iOS and Android. For more information on Sekur Private Data, go to https://sekurprivatedata.com. For more information on Sekur solutions, go to https://www.sekur.com. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 11, 2022 09:55 AM Eastern Daylight Time

This Electric Toothbrush Has 6 Cleaning Modes For Reportedly Brighter Smiles

Benzinga

Toothbrushes have come a long way since Babylonians and Egyptians started brushing their teeth with frayed twigs around 3000 BCE. The first more modern toothbrush with a handle carved from cattle bone and a brush made from swine bristles was produced in England around 1780. Natural bristles were used until DuPont de Nemours Inc. (NYSE: DD) invented nylon, which started the development of the truly modern toothbrush in 1938 and the first electric toothbrush in 1939. Although electric toothbrushes date back more than 80 years, they have seemingly not achieved widespread adoption. The global electric toothbrush market size was estimated to be worth $4.3 billion in 2022 and projected to increase to just over $6 billion by 2027, according to Statista. Electric toothbrushes clean teeth, gums and tongue by using rotation or side-by-side movement of the head. Electric toothbrushes are an effective way to remove plaque and reduce gingivitis, and studies show they are more thorough at cleaning teeth than traditional manual toothbrushes. But the moderate adoption rate of the devices arguably demonstrates that consumers need to be educated and provided compelling value propositions to buy them. Cost is a major constraint to the market, and people don’t see them as an attractive addition to their bathroom countertops. Better Brushing? Enter Brüush (NASDAQ: BRSH). While most electric toothbrushes provide 500 strokes per minute, Brüush says its model provides up to 31,000 strokes per minute, attacking plaque 100 times more vigorously than a manual toothbrush. Brüush has six cleaning modes for every type of brusher. The Brüush lithium-ion battery is built to last four weeks on a single charge, and the compact magnetic case makes traveling with the device convenient. The Brüush toothbrush, which comes in five colors with three brush heads and a USB power adapter and charger, retails for $79. And if you sign up for a subscription, Brüush will send you three new brush heads every six months for $18 — that’s just $6 per brush head. Replacing brush heads for Koninklijke Philips N.V.’ s (NYSE: PHG) Sonicare can cost as much as $43 for a three-pack, and the price of Procter & Gamble Co. (NYSE: PG) Oral-B line of brush heads reaches as high as $40 for a three-pack, depending on the model. Brüush estimates that 70% of its customer base is between ages 18 and 45 years old, a group that’s under-penetrated compared to baby boomers in terms of using an electric toothbrush. This age group also consists of the first digital generation when it comes to shopping, possibly a positive for a company where its website accounts for the majority of sales. Visit Brüush’s website to learn more about the company and its products. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 11, 2022 09:52 AM Eastern Daylight Time

Blink Appoints Jim McInerny as Chief Revenue Officer as US ARR Growth Exceeds 350% Y-o-Y

Blink

Blink, the employee app for frontline workers, has appointed Jim McInerny as Chief Revenue Officer. The appointment comes as Blink’s presence in the United States reaches new heights, with 350% growth in Annual Recurring Revenue (ARR) in the last 12 months, and the onboarding of major new frontline workforces, including Elara Caring and Coach USA. A veteran of technology sales, McInerny brings an impressive success record of growing software businesses, most notably as the 12th employee at Application Resource Management (ARM) platform Turbonomic, where he built a sales organization that went on to take the business from $0 to $85 million ARR within five years. Turbonomic sold to IBM in 2021 at a valuation of $2 billion. He joins Blink following nearly four years at security ratings platform BitSight, where his role as Vice President, America Sales significantly contributed to the company growing from $38 million ARR to $115 million within three years. In his prior role at Dell EMC, McInerny helped design and build EMC’s pioneering global inside sales program, growing to a team of over 600 people and $300 million in mid-market revenue within seven years. In addition to his sales leadership roles, McInerny has also taught at the University of New Hampshire’s Paul School of Business, supporting the college’s students in entering technology sales through the Professional Sales Group (PSG). Speaking on McInerny’s appointment, Sean Nolan, Founder and CEO of Blink, said: “Jim’s appointment comes as the result of an extensive search for a revenue leader who not only has a strong track record, but has the drive to exceed it. We’re thrilled to have him join this driven and dynamic team and are looking forward to seeing his leadership take our growth to new heights.” In the newly established role of Chief Revenue Officer, McInerny will lead a significant expansion in Blink’s go-to-market activities across its three primary territories: the US, UK and Australia, with more to be added. McInerny will be based in Blink’s new Boston office, where the team has grown by over 60% in the last year. McInerny added: “Blink has the ability to completely change the way that millions of people experience work, and its potential for growth and impact therefore knows few limits. This is a unique and truly inspiring opportunity, and I’m excited to start working with Sean and the rest of the leadership team on the next step of this journey.” McInerny’s appointment is one of a number of senior hires made at Blink in the last six months, including the company’s first Chief Marketing Officer and Vice President of People. Jeff St Laurent, formerly of Dell EMC and ServiceNow, was also appointed to Blink’s Board. Jeff brings extensive experience in leading and scaling high-performing sales teams in the US: at ServiceNow, he was a key member of Frank Slootman’s leadership team, responsible for growing revenues from $100m to $3bn. Blink is a platform that gives frontline workers access to the people, processes, communications and applications they need to do their jobs – all through their corporate or personal devices. In doing so, it delivers higher productivity, increased retention and more conversations that close the gap between frontline workers and executives. Since launching in 2018, it now serves 230 customers across the UK, APAC and US, including Network Rail, Stagecoach and the NHS. For more information go to https://joinblink.com/ Press Kit Blink is a communications platform that transforms productivity and boosts staff satisfaction leading to increased retention at frontline organisations. We do this by giving frontline workers mobile access to everything they need when they need it. People, processes, communications and applications in one easy-to-use app. We are proud to be trusted partners to some of the biggest and most complex frontline organisations in the world, including Elara Caring, Network Rail and Domino's. Contact Details Blink Hannah Nakano Stewart, Chief Marketing Officer +1 917-795-8853 Hannah@joinblink.com Company Website https://joinblink.com/

August 11, 2022 08:00 AM Eastern Daylight Time

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NASDAQ: $AMST Amesite to Provide Website Integrated eCommerce Solution to Major New Partners

Amesite Inc.

Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

August 10, 2022 06:08 PM Eastern Daylight Time

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This E-Commerce-Focused Holding Company Reports Taking Advantage Of E-Commerce Growth In The Philippines

Society Pass Incorporated

E-commerce dates to 1948 during the Berlin Blockade crisis when people ordered goods via telex. The debut of the World Wide Web in 1991 and the development of a web browser in 1993 shifted e-commerce from telex to the internet. The global increase in smartphones and the accessibility of fast internet connectivity over the years has significantly accelerated the growth of the industry, as more people can purchase goods via mobile devices such as tablets and even wearables. China, home of Alibaba Group Holding Ltd. (NYSE: BABA) and the U.S., where Amazon.com Inc. (NASDAQ: AMZN) and eBay Inc. (NASDAQ: EBAY) reside, have been the top countries where e-commerce has grown at a healthy rate. But things might be changing. Southeast Asia is expected to experience the largest worldwide growth in e-commerce with an increase of 20.6% in 2022, according to Insider Intelligence. Only four countries, including the Philippines, will surpass the combined growth rate of Southeast Asia. E-Commerce In The ICT Hub Of Asia The Philippines — dubbed the information and communications technology (ICT) hub of Asia — ranks first in 2022 e-commerce sales, surpassing the U.S. by 10%. E-commerce in the Philippines has grown from $6.78 billion in 2017 to nearly $21 billion in 2022, with expectations of reaching $32.7 billion in 2025. Consumer preference for shopping online and the increasing internet penetration are behind the growth in e-commerce sales in the Philippines, where people spend an average of 10 hours per day online. The government also has taken various initiatives to bolster the sector. The Philippine E-commerce Roadmap 2022 was launched in January 2021 to encourage the use of e-commerce by small and medium enterprises (SMEs) and increase online shopping confidence. "Rising consumer preference for online shopping, the increasing number of online merchants, proliferation of alternative payment solutions and government support will support e-commerce sales in the Philippines. The market is forecasted to grow at a compound annual growth rate of 17% over the next five years," Global Data Banking and Payments Senior Analyst Shivani Gupta said. The Fastest Growing E-Commerce Model? In addition to buying and selling goods on leading platforms such as Lazada and Sea Ltd. ’s (NYSE: SE) Shopee Philippines, Filipinos shop on social media platforms. The social commerce market is expected to reach nearly $682 million this year thanks to the growing number of people flocking to social media platforms to buy products. Companies like Belo Medical Group and Shopee Philippines are using social media platforms such as TikTok to increase sales. Penetrating The E-Commerce Market In The Philippines Society Pass Inc. (NASDAQ: SOPA) says it is on track to infiltrate the fastest-growing e-commerce market in Southeast Asia through acquisitions. Established in 2018, Society Pass (SoPa) has quickly scaled up its operations in Southeast Asia and South Asia through its e-commerce platforms and acquisitions. The company has acquired a number of companies, including the restaurant delivery app Mangan.ph, Gorilla Networks, a next-generation Web3 mobile virtual network operator, and #HOTTAB Biz, a business management platform. The acquisition of online grocery shopping and delivery platform Pushkart.ph is expected to increase SoPa’s revenue by 891% over last year. Pushkart boasts having more than 125,000 users and 20,000 mobile app downloads. Pushkart is looking to expand its presence beyond metro Manila. The company recently announced plans to expand in cities across the Cavite and Pampanga provinces, which have a population of over 6 million people. Pushkart President and CEO Michael Lim said this is the beginning of the company’s goal to expand to other parts of the country and across Southeast Asia. Sopa recently acquired Mangan.ph (“Mangan”), the leading local restaurant delivery service in the Philippines. Founded in 2017, Mangan delivers restaurant food from over 1,200 partner restaurants through its over 200 rider network to its over 500,000 registered users. Thus far, Mangan has generated more than 100,000 mobile app downloads and accumulated over 80,000 social media followers. Operating in Pampanga, the culinary capital of the Philippines, Mangan’s geographic reach extends to 16 other cities including Angeles City, San Fernando, Clark, Dau, Mabalacat, Guagua, Lubao, Tarlac, Bataan, Magalang, Pasig, Cabanatuan, Baguio, Lipa Batangas, Antipolo City, Dagupan City. The newly acquired business will be integrated into SoPa’s F&B vertical, Push Delivery Pte Ltd, along with Pushkart and #HOTTAB. As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on analysing user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.In addition, SoPa operates Leflair.com, Vietnam’s leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam, and Gorilla Networks, a Singapore-based, blockchain/web3-enabled mobile virtual network operator.For more information, please check out: http://thesocietypass.com/. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Dennis Nguyen: Founder, Chairman & CEO +1 877-440-9464 dennis@thesocietypass.com Company Website https://thesocietypass.com

August 10, 2022 03:05 PM Eastern Daylight Time

This Company Reports Moving Toward FDA Approval To Provide Pain-Free Diabetes Monitoring

Benzinga

Caused predominantly by genetic predisposition, immune disorders and other factors, such as unhealthy diet and exercise habits, diabetes is one of the most common lifelong chronic diseases in the world. According to the World Health Organization (WHO), there are nearly 450 million cases of diabetes worldwide, and the number in the U.S. could reach 40 million by 2030 and more than 60 million by 2060. Many believe the numbers could be more significant because large numbers of the population might be undiagnosed and at high risk. In recent years, with the rise of global diabetes expected to reach nearly 700 million by 2035, a growing number of patients are suffering from pain and infections caused by the invasive and frequent nature of using mainstream commercial glucose meters. The most common cutaneous complications are wear-related erythema, itching, and induration, but more severe cases, typically related to bacteria infection, continue to grow as well ( source 1 and 2 ). This has led to the need for noninvasive blood glucose monitoring technology, which could relieve numerous issues that many diabetes patients face. Noninvasive blood glucose monitoring refers to the detection of human blood glucose without causing damage to human tissues. Many noninvasive blood glucose detection methods can be divided into the optical, microwave and electrochemical processes. Medical imaging technologies are gaining global relevance in the medical community to assist clinicians in the diagnosis and guiding therapeutic treatment of patients. The big plus is that it's noninvasive and offers high-resolution results. The most common medical imaging technologies are computed tomography, magnetic resonance imaging and ultrasonography. Noninvasive imaging techniques are used in almost every medical field as a diagnostic tool and to monitor pathological progression or the efficacy of treatments. Several imaging tools are available to provide structural and functional information about tissue and organ physiology. New hybrid devices and multimodal imaging offer opportunities for research and use in clinics. Companies like General Electric Co. (NYSE: GE) Healthcare, Lantheus Holdings Inc. (NASDAQ: LNTH), Varex Imaging Corp. (NASDAQ: VREX) and OSI Systems Inc. (NASDAQ: OSIS) have invested heavily in medical imaging products, but most are better known for other medical offerings or other industries altogether. Know Labs Inc. (OTCQB: KNWN), an emerging developer in noninvasive medical diagnostics, focuses on developing its proprietary spectroscopic technologies using the electromagnetic spectrum. The goal is to accurately identify and measure a wide range of organic and inorganic materials, molecules and compositions of matter. Know Labs’ technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a unique molecular signature. It refers to its technology as Bio-RFID™, which can be integrated into various wearable, mobile or bench-top devices. The company’s patented and patent-pending technology makes it possible to effectively identify and monitor analyses that could only previously be performed by invasive, expensive and time-consuming lab-based tests. The first application of its Bio-RFID technology will reportedly be in a product marketed as a noninvasive glucose monitor, giving the user real-time information on blood glucose levels. Know Labs’ leadership says it's confident it will be the first company to bring an FDA-cleared noninvasive glucose monitoring device to market. Know Labs is conducting a 200-person internal clinical trial of Bio-RFID, which will help the company refine its algorithm and demonstrate Bio-RFID’s accuracy in a large population.. Previous internal tests demonstrated Bio-RFID has an accuracy on par or better than currently available solutions, which is an important step towards FDA submission. For more information on Know Labs Inc., visit knowlabs.co. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 10, 2022 02:58 PM Eastern Daylight Time

CleverTap Raises US$105M in Series D Funding Round Led by CDPQ

CleverTap

CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India. The funds will be used to support CleverTap’s global expansion and enhance the development of its world-class solutions and technology. Founded in Mumbai in 2013 and headquartered in Mountain View, California, CleverTap’s customer engagement and retention SaaS platform leverages machine learning and artificial intelligence to offer a comprehensive user engagement suite that enables brands to build valuable, long-term relationships with their customers. CleverTap’s subscription-based solution has been adopted by a loyal customer base of 1,200 brands in 100 countries representing 10,000 apps across industries including Fintech, eCommerce, Subscription, On Demand, and Streaming media. In June 2022, CleverTap completed the acquisition of San Francisco-based Leanplum, a leading multi-channel customer engagement platform, further strengthening its footprint in North America and Europe. In the same month, it also unveiled TesseractDB™, the world’s first purpose-built database designed to dramatically improve user engagement and retention for digital consumer brands. “Our vision has been to reshape the way businesses engage with their consumers and bring the tech to MarTech. The addition of long-term investors CDPQ and IIFL AMC Tech fund to CleverTap’s existing backers, Sequoia India, Accel, Tiger Global, and Recruit Holdings is a great endorsement of the successful business we have built, the innovation we bring to the market and the growth potential CleverTap holds,” said Sunil Thomas, Co-founder and Executive Chairman, CleverTap. “The fresh funds will help fuel our plans to further strengthen our presence in key geographies and expand our teams. The last few months have been quite exciting for us with the Leanplum acquisition and unveiling of TesseractDB™. And now with the new institutional investors coming on board we have all that we need to grow at a faster rate while consolidating our position as the global leader in the retention space.” “CleverTap has established itself as a partner of choice for its clients by helping them generate significant incremental revenue. Its subscription-based platform offers a single and reliable source of information that allows brands to maximize the lifetime value of their existing customers by engaging them in a highly personalized way” said Martin Laguerre, Executive Vice-President and Head of Private Equity, CDPQ. “As consumer brands are increasingly focused on customer retention and prioritize tools offering tangible return on investment, we believe CleverTap is well positioned to maintain its global growth trajectory and help more businesses enhance their customer experience.” “CleverTap is a fast-growing SaaS company that not only has recurring revenue streams and top tier financial metrics, but also a scalable business model with large addressable markets” added Meng Ann Lim, Managing Director, Direct Private Equity for Asia Pacific, CDPQ. “This investment is in line with our strategy to work with innovative companies that enable rapid digital transformation, especially in the Asia-Pacific region where high smartphone penetration is facilitating the digitalization of the economy at a rapid pace.” “Enterprises are increasingly looking to engage with customers in a real time and in a personalized manner across digital channels. CleverTap’s full stack approach to customer engagement allows them to perform user analytics and run personalized customer campaigns on a real-time basis which enables companies to improve user retention and understand user journeys across channels” said Chetan Naik, Fund Manager and Senior Executive Vice-President, Private Equity at IIFL AMC. “CleverTap has built a unique product suite and analytics capabilities that runs over a proprietary database. CleverTap is one of the fastest growing SaaS companies with best-in-class revenue retention rates. We are excited to partner with them in their journey of creating a leading global customer retention platform out of India.” “The latest fundraise reaffirms customer and market belief in CleverTap and our growth potential. This fundraise will help us elevate our growth trajectory and further enable us to innovate better and faster while staying ahead of the curve,” said Sidharth Malik, Chief Executive Officer, CleverTap. “The paradigms of user engagement are changing, and as industry leaders we are best positioned to help businesses adapt to this ever-evolving consumer landscape. Our recent acquisitions helped us expand our foothold in North America and Europe, and enhance our leadership in verticals such as on-demand and subscription.” As part of the transaction, CDPQ will join CleverTap’s Board of Directors upon closure of this funding round. IIFL AMC’s investment is subject to approval from Securities and Exchange Board of India (SEBI). ABOUT CLEVERTAP CleverTap is the World’s No.1 retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights, and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1,200 customers in 100 countries and 10,000 apps, including Gojek, ShopX, Canon, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long-term revenue. Backed by leading investors such as Sequoia India, Tiger Global, Accel, CDPQ, IIFL and Recruit Holdings, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, São Paulo, Bogota, Amsterdam, Jakarta, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter. ABOUT CDPQ At CDPQ, we invest constructively to generate sustainable returns over the long term. As a global investment group managing funds for public pension and insurance plans, we work alongside our partners to build enterprises that drive performance and progress. We are active in the major financial markets, private equity, infrastructure, real estate and private debt. As at December 31, 2021, CDPQ’s net assets totalled CAD 419.8 billion. For more information, visit cdpq.com, follow us on Twitter or consult our Facebook or LinkedIn pages. CDPQ is a registered trademark owned by Caisse de dépôt et placement du Québec and licensed for use by its subsidiaries. ABOUT IIFL AMC IIFL Asset Management (IIFL AMC) is a part of IIFL Wealth and Asset Management. IIFL AMC is an alternates-focused asset management and has been playing a pivotal role in the growth of the AIF industry in India. A disciplined and active management approach combined with research-led strategies allows IIFL AMC to tap into India’s potential for delivering on its commitments and long-term growth. The AMC’s diversified suite of mutual funds, PMS, alternative investment funds, credit funds and venture capital funds span public and private equities as well as fixed income securities and real estate. IIFL AMC’s distinctive products bring out the entrepreneurial edge, agility and speed of execution of a boutique asset management business, while providing gold standards of corporate governance of a large corporation with a long-term focus. Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

August 10, 2022 11:49 AM Eastern Daylight Time

Troy LeMaile-Stovall at Young Entrepreneurs of the World

1BusinessWorld

Contact Details Media Enquiries +1 212-220-6677 info@1businessworld.com Company Website https://1businessworld.com

August 10, 2022 08:00 AM Eastern Daylight Time

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Communications

Size Inclusivity in Fashion

Have We Seen The Beginning Of The End Of Data Privacy In The European Union?

This Electric Toothbrush Has 6 Cleaning Modes For Reportedly Brighter Smiles

Blink Appoints Jim McInerny as Chief Revenue Officer as US ARR Growth Exceeds 350% Y-o-Y

NASDAQ: $AMST Amesite to Provide Website Integrated eCommerce Solution to Major New Partners

This E-Commerce-Focused Holding Company Reports Taking Advantage Of E-Commerce Growth In The Philippines

This Company Reports Moving Toward FDA Approval To Provide Pain-Free Diabetes Monitoring

CleverTap Raises US$105M in Series D Funding Round Led by CDPQ

Troy LeMaile-Stovall at Young Entrepreneurs of the World