VICTORIA, Seychelles, June 5, 2024 /PRNewswire/ — Following their debut earlier last week, the newly launched investment wing of Bitrue, Bitrue Ventures, has released its first in-house report on emerging market opportunities within the blockchain space. The full report, “AI and Crypto: A Powerful Convergence Shaping the Future of the Internet”, has been made available for all to view here.

This 12-page report identifies several untapped synergies that the AI and blockchain industries have available to them to help both grow and details the expected verticals that can benefit from these collaborations and the companies that are already working to make them a reality. Pulling from a variety of primary sources and data analysis, it concludes that “AI x Crypto” is likely to be one of the significant narratives in the upcoming crypto bull run.
“AI has made a huge splash in the media within the past year, drawing public attention back to emerging technologies and how they will reshape our world, particularly in efficiency and transparency,” said Iris Chu, Director of Ventures and Partnerships. “This new report, the first of many that will be coming from Bitrue Ventures, helps everybody working in the cryptocurrency space understand how this attention will help blockchain grow, and how investors can leverage this information to create more potent, forward-thinking investment portfolios.”
Bitrue Ventures is a newly launched division of the Bitrue exchange focused on identifying young crypto startups worthy of investment. They can provide these companies with a range of services to help them bring products to fruition, including investment capital, marketing expertise, industry networking opportunities, and more. In turn, Bitrue can ensure that it is always able to position itself at the forefront of market trends, and can provide its users with high-potential token investment opportunities before any other exchange.
Any parties interested in working directly with Bitrue Ventures to grow their business are welcome to contact the team directly at [email protected].
About Bitrue
Launched in July 2018, Bitrue is a diversified digital asset exchange that supports trading, loans, and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices in Asia and Europe and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.
About Bitrue Ventures
Launched in Q2 2024, Bitrue Ventures is the investment and research division of Bitrue with a mission of identifying and incubating cutting-edge technology in the cryptocurrency space. It is staffed by industry experts with an average of 12 years of experience in the technology sector and 4 years working in blockchain technology. Through detailed analysis and industry partnerships, Bitrue Ventures will be able to bring high-potential tokens to users of the Bitrue exchange before anywhere else.
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Inclusion recognises inploi’s ability to meet the complex needs of global enterprise customers, including the Compass Group and AS WatsonAdoption of inploi’s candidate experience software has accelerated post-pandemicLONDON, June 5, 2024 /PRNewswire/ — UK software scale-up inploi has been recognised in the Potential Challenger Zone in the 2024 Fosway 9-Grid™ for Talent Acquisition. The news follows a strong year of contract wins against much larger and more-established vendors.

inploi’s candidate experience platform has been recognised by Fosway for its performance, potential, market presence, human-first methodology, and personal approach. With a host of recent client wins – including The Compass Group, Bourne Leisure (Haven and Warner Leisure Hotels), the AS Watson Group, and wagamama – demonstrating their progress, inploi will also soon announce two significant new contracts in the forthcoming month following competitive tender and pitch processes.
The platform addresses deficiencies in the candidate experience provided by incumbent talent attraction technologies. By integrating with Applicant Tracking Systems, inploi delivers substantial reductions in recruitment marketing spend, improves candidate quality, accelerates time to interview and hire, and realises material time savings for enterprise talent teams.
With products encompassing social media and programmatic job advertising, conversion optimised careers pages, AI-powered chatbot technology, and powerful reporting and analytics tools, inploi empowers brands to reach and engage the future of their workforce effectively and efficiently.
“In a tight job market, developing deeper insights on candidates gives hopeful employers a cutting edge, but there is a need to go beyond just statistics and many candidates feel disconnected from potential employers”, said David Wilson, CEO and founder of Fosway Group. “By leveraging personalised assessments and emphasizing individual qualities, inploi looks to bridge the gap between candidates and employers. Congratulations to the team on their inclusion this year as a Potential Challenger.”
Martin Wonham, wagamama talent acquisition and employer brand manager, added: “inploi has completely overhauled our front-end process for candidates, making it a seamless, engaging, and market leading experience. The company has become an invaluable partner to our talent acquisition team and an integral part of our forward-looking strategy when it comes to our attraction methods and front-end candidate experience.”
Matthew de la Hey, CEO of inploi, added: “In a fiercely competitive talent market, companies using outdated strategies and legacy technologies will fall behind their competitors. Talent acquisition technology has not kept pace with innovation in other spheres, and organisations are paying the price. We’re changing that, working with a growing number of major enterprise clients to deliver material improvements across the board at a fraction of the cost – and substantially more quickly than incumbent providers.
“We use AI and automation where appropriate, but believe fundamentally that it should be used to free up humans to be more human, rather than performing low value-add, repetitive tasks,” de la Hey added. “Part of the beauty is inploi’s ability to integrate with existing technology rather than replace it.”
In addition to the Fosway recognition, inploi has also been shortlisted for the Talent Tech Innovation of the Year and the Candidate Experience Solution of the Year for this year’s TIARA Awards.
NOTES TO EDITORS
About inploi
inploi is a UK-based talent acquisition software scale-up, on a mission to help employers forge authentic connections with the future of their workforce. inploi’s platform enables large companies in high-volume hiring sectors to deliver world-class candidate experiences, while maximising the efficiency and effectiveness of their talent acquisition and people teams. inploi’s suite of SaaS solutions seamlessly integrates with other HCM systems to maximise their effectiveness and improve hiring outcomes for large employers: cutting recruitment costs, increasing revenue, and filling vacancies with great people. Existing clients include The Compass Group, Bourne Leisure (Haven and Warner Leisure Hotels), wagamama,  and the AS Watson Group (Superdrug, Savers, The Perfume Shop).
See the inploi website for more information www.inploi.com.
For further press enquiries, contact Leah Jones on [email protected] or +44 7876 117760.
About the Fosway 9-Grid™
Fosway Group is Europe’s #1 HR industry analyst. The Fosway 9-Grid™ provides a unique assessment of the principal learning and talent supply options available to organisations in EMEA. The analysis is based on extensive independent research and insights from Fosway’s Corporate Research Network of over 250 organisations, including BP, HSBC, PwC, RBS, Sanofi, Shell, and Vodafone.
Visit the Fosway website at www.fosway.com for more information on Fosway Group’s research and services.
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Unveils new GenAI capabilities and launches new product designed for Salesforce ecosystem
BENGALURU, India, June 5, 2024 /PRNewswire/ — AI-powered, low-code test automation platform Testsigma announced today that it has raised $8.2 million in funding led by MassMutual Ventures. Previous investors Accel, STRIVE and BoldCap also participated in the round. With its underlying NLP (Natural Language Programming) engine, Testsigma enables users to rapidly create, manage and execute end-to-end, automated tests for web and mobile apps, and APIs using plain English. The company previously raised $4.6M led by Accel along with STRIVE and BoldCap in 2022.

Testsigma also announced new GenAI capabilities to their low-code platform, enhancing the efficiency and effectiveness of QA (Quality Assurance) teams. These GenAI features allow QA team members to generate test scenarios and test cases from various inputs such as URL, product designs, screenshots, and Jira stories. This advancement not only accelerates the process of writing and executing tests but also ensures comprehensive test coverage. The AI can suggest test scenarios to identify and cover gaps that may arise due to code changes, thus maintaining the robustness and reliability of the software being developed.
Testsigma has also unveiled a new product specifically designed for the Salesforce ecosystem, leveraging their robust low-code platform. This new offering is tailored to meet the needs of Salesforce developers and administrators, enabling them to accelerate automated salesforce testing significantly. By using this solution, teams can achieve a tenfold increase in test development speed compared to traditional testing methods.
In addition to its simplicity, Testsigma is also enterprise-ready and provides flexibility. Enterprises use the platform for their end-to-end testing needs including web apps, mobile apps, desktop apps, APIs and with their latest product, Salesforce. Leading companies such as Cisco, Oscar, Bosch and Samsung use Testsigma to streamline their testing processes and ensure robust software quality.
Testsigma was founded by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy in 2019. The team comes with rich experience in developing enterprise SaaS applications for Zoho, Freshworks, Oracle and HPE.
Rukmangada Kandyala (KR), Founder and CEO of Testsigma, said, “Quality engineering and DevOps teams currently use Testsigma’s low code test automation platform to test web, mobile and desktop apps in addition to database and APIs. With the new GenAI capabilities and our new product for the Salesforce ecosystem, we get one step closer to our vision of building the operating system for quality engineering teams. We have been investing heavily in GenAI and our customers are rapidly adopting generative AI practices.”
Commenting on the investment, Anvesh Ramineni, Managing Partner at MassMutual Ventures, mentioned, “We are witnessing a significant change in how QA teams approach automation. Testsigma’s AI-driven, low-code solution enables multiple user profiles, including manual testers and business analysts, to contribute to faster software releases. We are impressed by the rapid adoption of Testsigma’s platform among enterprise QA teams and are excited about the GenAI capabilities they have been building.”
“There is an accelerated demand for quality engineering teams to adopt low-code and AI-powered solutions. We are excited at the new Gen-AI capabilities and the accelerated adoption of Testsigma among the QA community and enterprises alike,” added Abhinav Chaturvedi, Accel Partners.
IDC predicts that by 2028, GenAI-based tools will be capable of writing 70% of software tests, decreasing the need for manual testing, resulting in improvements to test coverage, software usability and code quality. The report also mentions that by 2028, natural language will become the most widely used programming language, with developers using it to create 30% of net new applications.
About Testsigma
Testsigma is a GenAI-powered, low-code test automation platform that makes it fast and easy for quality engineering teams to automate tests at speed and scale without coding expertise. Through its Natural Language Programming approach, Testsigma allows users to create complex automated tests using plain English, while maintaining the structured approach of programming languages. QA teams can also use the in-built Generative AI capabilities to generate test scenarios thus ensuring test coverage and significantly reducing test development efforts.
Hundreds of leading enterprises across the world use Testsigma to release quality software. Some notable customers of Testsigma include Cisco, Samsung, Bosch, Oscar Health, and American Psychological Association.
Testsigma is headquartered in San Francisco with engineering teams in Bangalore and Chennai. Testsigma is backed by marquee investors like MassMutual, Accel, Strive and BoldCap.
About MassMutual Ventures 
MassMutual Ventures (MMV) is a multistage global venture capital firm investing in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. With teams based in London, Singapore, and Boston, MMV manages over $1 billion in investment capital across the globe. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value.
About Accel Partners
Accel is a global venture capital firm that aims to be the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, BrowserStack, Flipkart, Freshworks, FalconX, and Infra.Market, Chargebee, Clevertap, Cure Fit, Musigma, Moneyview, Mensa Brands, Myntra, Moglix, Ninjacart, Swiggy, Stanza Living, Urban Company, Zetwerk, and Zenoti, among many others.
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