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CRMNEXT Raises $16M in New Funding to Accelerate Global Expansion and Invest in Doubling its Team

CRMNEXT, the digital and customer experience platform for enterprise banks & financial service providers globally, announced $16M in Series B funding co-led by Avataar Ventures and Ascent Capital. Headquartered in India, CRMNEXT is currently servicing almost 100 large global enterprises in the banking and insurance space. Their customer base includes HDFC, SBI, Arab Bank, and Metlife.

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Second Cohort of ‘Google for Startups Accelerator: MENA’ Welcomes 12 Startups

July 15, 2021

Google announced the list of startups for the second cohort of ‘Google for Startups Accelerator Middle East and North Africa’, a three-month digital accelerator programme for Seed to Series A technology startups based in the region. The twelve technology startups come from six Arab countries across automotive, agriculture, fitness, fintech, real-estate, e-commerce and entertainment.

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Adwerx Raises $14.5 Million for Personalized B2B Ads

November 29, 2021

Adverx has just raised $14.5 million for “Customer Relationship Advertising,” which certainly sounds intriguing.  What they do is to generats personalized ads for individuals targeted by business-to-business sales teams, and then maks those ads “passively ‘follow’ each salesperson’s current clients and prospects (pulled from the CRM) as they browse the web and social media”.  Annoying and creepy and it probably works.

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