Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.
CVC Capital Partners has announced that CVC Fund VII has signed a definitive agreement to acquire a majority interest in MedRisk. MedRisk is a provider of managed physical medicine services for the workers’ compensation industry in the U.S. The Carlyle Group, MedRisk’s current majority owner, will retain a significant stake and maintain joint control in…
SSR Mining Inc. has announced the appointment of Alison White as Executive Vice President and Chief Financial Officer. Ms. White is a finance professional. Prior to joining SSR Mining, Ms. White held various corporate and regional roles at Newmont Mining including serving as the Regional Chief Financial Officer for North America. Prior to joining Newmont,…
Logistics SaaS platform, FarEye has announced the appointment of Suvrat Joshi as its Chief Product Officer (CPO). Based in Seattle, Suvrat brings with him over 20 years of experience of handling product leadership roles at Yahoo, Amazon, Microsoft, Facebook and most recently Dropbox. Suvrat will drive the product vision andaccelerate FarEye’s global product expansion with…
Doubtnut, a K12 edTech platform for “vernacular first” students, has raised an investment of INR 224 Crores from SIG and Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in the round. Avendus Capital acted as the exclusive financial advisor to Doubtnut on this transaction. The funds raised will…
TheMathCompany, a hybrid analytics firm that builds contextual AI applications for enterprises, has announced the appointment of Ash ElDifrawi to its Advisory Board. A licensed professional in the field of clinical psychology, Ash’s insights into social and consumer behavior have informed his diverse professional endeavors. In his 25+ year-long marketing career, he has held management…
OLX Group, a global network of trading platforms, has acquired Obido, a real estate platform connecting housing developers and clients in Poland. Obido will join OLX Group’s local portfolio in Poland alongside its other well-known brands including OLX and Otodom. “The transaction will allow OLX Group to develop its real estate offering, by reaching homeseekers…
Bharti Airtel, digital communications provider, has priced its debt fund raise of US$1.25 billion through the issuance of dual-tranche US$ bond offering spread across senior and perpetual issuance. This is the largest issuance by any Indian Investment Grade issuer since January 2019. Airtel has priced US$750 million of senior 10.25 year bonds at a yield…
Infra.Market, a B2B marketplace for real estate and construction materials, has raised $100 million in its series C funding round led by US-based investment firm Tiger Global and Nexus Venture Partners. The latest funding round also saw investment from other existing investors Evolvence India Fund, Sistema Asia Fund, Foundamental Gmbh, and Accel Partners. Founded by…
Wipro Limited, a global information technology, consulting and business process services company, has announced the appointment of Graziella Neuvéglise as Regional Head & Managing Director, Southern Europe. Graziella will oversee operations in France, Spain, Portugal and Italy. “Southern Europe has emerged as a significant market in recent years, with a growing demand for digital transformation…
Arete Incident Response, a incident response and cyber security provider, has announced the addition of Greg Mazares as Executive Vice President and Mark Cluse as General Counsel. These two executives continue the expansion of the senior team at Arete, which has grown rapidly over the last two years. Greg Mazares joins Arete as Executive Vice…
Outdoor Voices has announced that Gabrielle Conforti has joined the company as Chief Executive Officer. Gabrielle’s leadership experience and product background herald opportunities for the company. She will be focused on making new products for customers, doubling down on the brand’s Recreationalist community, and architecting the future vision for Outdoor Voices. “I am thrilled to…
e.GO Mobile has closed a Series B equity funding round of more than EUR 30 Million for Next.e.GO Mobile SE, enabling start of production in its German factory and supporting Company’s growth agenda. The round attracted international investors from all around the globe, including Moore Strategic Ventures (MSV), the privately held investment company for Louis M. Bacon, founder…
SmartKem, Inc. has announced the closing of a $24.6 million private placement financing. Prior to the financing, SmartKem Limited completed a reverse acquisition transaction with Parasol Investments Corporation (Parasol), a public Delaware corporation, whereby SmartKem became a wholly owned subsidiary of Parasol. Following the acquisition, Parasol changed its name to SmartKem, Inc. and will continue…
Hyva, a provider of loading and unloading hydraulic solutions serving the commercial vehicle and environmental services industries, hasappointed Alex Tan as its new CEO starting March 1st. He succeeds Marco Mazzù, who is appointed as Chairman of the Board. Alex was appointed the Managing Director of Hyva China in 2004 and has since led the…
Siegwerk, a supplier of printing inks for packaging applications and labels, has announced the appointment of Ramakrishna Karanth as CEO of Siegwerk India. Karanth said on his appointment,”I am excited to join the Siegwerk India team and look forward to contributing towards the continued success and growth of Siegwerk in India. The Indian Packaging segment…