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KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, announced it has entered into a definitive agreement to acquire Egress, a leader in adaptive and integrated cloud email security. Egress’ Intelligent Email Security suite provides a set of scaled, AI-enabled security tools with adaptive learning capabilities to help prevent, protect…
Microsoft Corp. and The Coca-Cola Company announced a five-year strategic partnership to align Coca-Cola’s core technology strategy systemwide; enable the adoption of leading-edge technology; and foster innovation and productivity globally. As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities. The collaboration underscores Coca-Cola’s ongoing technology transformation,…
Direct-to-consumer snacks and instant foods maker Adukale has secured Rs 11 crore in a funding round led by venture fund Force Ventures, according to ETtech report. The funds will primarily be used for expansion of the company’s offline presence, its chief growth officer, Vinay Gopinath, told ET. Adukale, founded in 2009, sells a variety of…
Onetab, a Generative AI SaaS startup, has announced the appointment of Ankita Phanse as Head HR – Strategy & Planning, according to ETHRWorld report. The company has also appointed Pratish Gopinath and Harish Chouhan as VP – Corporate Development and Senior Team Lead, respectively. The team expansion comes as a step towards Onetab’s long-term growth…
Sandvik has signed an agreement to acquire a majority stake in the leading China-based company Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. (Ahno) from the current majority owner, Ningbo Baosi Energy Equipment Co., Ltd and related parties. The company will be reported within the business area segment Sandvik Machining Solutions. Ahno has a leading position…
Investment funds managed by KKR, a leading global investment firm, have agreed to acquire Immedica Pharma, a pharmaceutical company headquartered in Stockholm, Sweden, focused on the commercialization of medicines for rare diseases and specialty care products. Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner alongside KKR. The transaction is subject to…
India Today Group, a diversified media conglomerate, has appointed Navendu Shekhar as the Head of Human Resources, according to ETHRWorld report. “I am excited to share that I’m starting a new journey as Head of Human Resources at India Today,” Shekhar shared in a LinkedIn post. Prior to joining India Today Group, Shekhar was associated…
Brickwork Ratings (BWR) announced the appointment of Santosh B Nayar as the Chairman of the Board. With an illustrious career spanning nearly four decades in the Banking Industry, Nayar brings a wealth of experience in Corporate, Investment, Retail, and International Banking, Project Finance, and Life Insurance. Nayar’s appointment reflects Brickwork Ratings’ commitment to excellence and…
Spacetech startup Dhruva Space has raised $9.4 million in a mix of equity and debt from IAN Alpha Fund, Technology Development Board and other existing investors in its latest funding round, according to ETtech report. The capital infusion, of which Rs 24 crore was in debt, will help the Hyderabad-based startup set up its first…
Simpro, the leading total business management software for commercial and residential trade service businesses, announced Ashley Mehlman has been named Chief Financial Officer (CFO). Mehlman will be responsible for all financial aspects of Simpro’s global operations, including strategic planning and analysis, M&A analysis, budgeting and project financing. She will play a crucial role in guiding…
Rubedo Life Sciences, a biopharmaceutical company committed to developing first-in-class therapies targeting senescent cells which drive age-related diseases, announced the closing of a $40M Series A financing round. The round was led by Khosla Ventures and Ahren Innovation Capital, with participation from Hevolution, R42, Modi Ventures, Cerigo Investments, Shanda Group, Refactor Capital, LongeVC, Italian Angels…
Finayo, India’s leading green mobility embedded lending platform has recently onboarded Yogendra Sharma as the Director of Product and Strategy. In his new role, he will be responsible for Creating & maintaining the product strategy, Developing the product roadmap, Managing the product budget, Creating Product Line lifecycle Managing Marketing Strategy Analyzing Product Sales Data Measure results…
Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, announced the inauguration of its new manufacturing plant in the Fipasi Industrial Park, Silao, Mexico. This strategic expansion underscores the company’s commitment to meeting the growing demand for high-quality driveline solutions for Battery Electric Vehicles (BEVs) in North America. As mobility undergoes a…
Bajaj Electricals Limited, India’s leading consumer durables company, announced the resignation of Ravindra Singh Negi, Chief Operating Officer – Consumer Products Business, with effect from May 29, 2024. According to the company’s exchange filing, “we hereby inform you that Mr. Ravindra Singh Negi, Chief Operating Officer – Consumer Products Business, a Senior Management Personnel of…
IT firm Coforge Limited announced the appointment of Om Prakash Bhatt as Additional Director on the company’s Board of Directors, with effect from May 1, 2024. The Board has also approved the appointment of Om Prakash Bhatt as Chairperson of the Board with effect from June 29, 2024. According to the company’s exchange filing, “the…