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Credit Suisse AG plans to hire more than 1,000 IT employees in India this year, as part of its strategy to make the country its centre for technology innovation globally, ET Bureau reports. The Swiss-based bank has the highest staff of IT professionals globally in India, which amounts to 25%. The hiring plan is a…
KKR, a global investment firm, announced the closing of its previously-announced acquisition of a majority interest in Therapy Brands (the Company), a leading practice management and electronic health record (EHR) software platform for mental, behavioral, substance use recovery, applied behavior analysis (ABA) and physical rehabilitation healthcare providers. “This acquisition is exciting for the Therapy Brands…
Infosys, a global leader in nextgeneration digital services and consulting, and Majesco, a global leader of cloud insurance software solutions, for insurance business transformation, have jointly announced a strategic collaboration. Through this collaboration, Infosys and Majesco will work together to help joint customers accelerate their digital transformation journey, enabling them to unlock new opportunities, address…
Marlabs Inc., a global Digital solutions company, announced the appointment of Madhavan Satagopan to join its executive leadership team as President – Digital Strategy, Innovation & Transformation. Coming in the wake of several senior executive appointments recently, Madhavan’s induction to the Board marks a strategic shift towards building a Digital-first company, the statement said. Madhavan…
Atonarp, a leading manufacturer of molecular sensing and diagnostics products for the healthcare, pharma, and semiconductor industries, announced it has raised a $50 million Series D financing, led by WRVI Capital. The new funding will allow the company to expand its operations to meet growing customer demand in its current markets and expedite the development…
Spark Studio, the extracurricular edtech startup, announced it has raised its first round of investment from Better Capital, according to YourStory report. The current financing will be used to invest in building a strong team to develop the tech platform to deliver a superlative experience and to develop best-in-class curriculum and content. Anushree Goenka, Co-founder…
Adani Green Energy is in advanced talks to acquire privately-held SB Energy Holdings, according to Bloomberg report. A deal could value SB Energy, owned by SoftBank Group and Bharti Enterprises, at more than $650 million, said one of the people, who asked not to be identified as the information is private. Adani Green is exploring…
Goldman Sachs Group Inc hired Peeyush Nahar, VP of technology. at Uber Technologies Inc, to lead its consumer banking business, according to Reuters report. Nahar joins as the global head of its consumer business, which includes its online bank, Marcus. Nahar takes over Goldman’s fledgling consumer business at a time of turnover in the division…
UL, the global safety science leader and one of the world’s top advisors on the development, evaluation and optimization of renewable energy projects, announced the acquisition of solar analytics company Clear Sky Analytics’ proprietary software platform and related assets. Clear Sky Analytics co-founders Ajay Saproo and John Corson will also join UL, the release said.…
Ogury, a global technology leader in mobile brand advertising, announced the appointment of Christophe Parcot as Chief Operating Officer. Parcot will report to CEO and co-founder Thomas Pasquet. In this new role, Christophe will be responsible for scaling and accelerating the organization’s global footprint, while also expanding its inventory to new partners and channels. “As…
Altimetrik, a US-based, digital business enablement firm has announced a second series of healthcare measures totaling INR 3 Crore 87 Lakh to help 2700+ India employees combat Covid-19 second wave. Based on the prevalent situation, Altimetrik is extending its Covid-19 response strategy to cover a range of direct and holistic healthcare measures under four categories/pillars:…
ZoomInfo, a global leader in go-to-market intelligence solutions, has announced the appointment of Chetna Mahajan as Chief Information Officer, according to ETCIO report. She will report to Chris Hays, Chief Operating Officer of ZoomInfo. In this new role, Chetna will lead ZoomInfo’s information technology strategy to accelerate digital transformation and operational excellence as the company…
CNA has roped in industry veteran Susan Stone as Executive Vice President and General Counsel, effective June 28, 2021. She will report to Dino E. Robusto, Chairman and Chief Executive Officer at CNA. In this role, Stone will lead the Company’s Law Department and serve as the principal counsel for CNA on all legal matters…
Novo Holdings announced that it has led the oversubscribed US$125 million Series C financing in Hummingbird Bioscience (Hummingbird), an innovative clinical-stage biotech company focused on developing precision therapies against difficult-to-drug targets to improve treatment outcomes. This is one of the first investments in a privately-held Asian biotech company by Novo Holdings. Novo Holdings recently established…
Larsen & Toubro Infotech Ltd., a global technology consulting and digital solutions company, announced it has entered into a strategic engagement with Hoist Finance AB, a pan European financial services company, to provide Banking-as-a-Service for Performing Loans segment through its Digital Banking Platform. LTI’s Digital Banking platform, powered by Temenos, will enable Hoist Finance to…