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London & Partner, London’s international trade, investment and promotion agency, announced it has appointed Hemin Bharucha as Country Director, India. Hemin will report to Janet Coyle, Managing Director – Business Growth, London & Partners who is based in London, according to a statement. Based in Mumbai, Bharucha is the Mayor of London’s chief representative in…
PumPumPum, a startup involved in used-car leasing, has raised Rs 5.5 crore in a pre-Series A funding round led by Inflection Point Ventures, according to PTI report. Other investors that participated in the funding round include Lets Venture and Agility Ventures. The company plans to utilise the capital for various activities, including consumer awareness, technology…
Viacom18 has announced the appointment of Chanpreet Arora as business head – AVOD (Voot), and of Vineet Govil as chief technology officer at Viacom18 Digital Ventures. In her new role, Chanpreet will drive the AVOD business – VOOT and will be responsible for leading AVOD led partnerships that are key to VOOT’s overall growth. Earlier…
Krypt has announced the appointment of Frederik Pena-Tolivia as Director of Solutions to lead SAP GTS practices in the Europe region. Frederik comes to Krypt with extensive experience in a wide range of industries including retail, life sciences and healthcare, automotive, finance, aerospace and defense, manufacturing and energy. Frederik graduated from Applied Informatics, specializing in…
Box said that KKR would lead a $500 million investment in the company and get a board seat, marking an end to the cloud services provider’s strategic review, according to Reuters report. The KKR-led investment will be executed through convertible preferred stock and comes weeks after Reuters reported Box was exploring a sale amid pressure…
Torrent Power announced the appointment of Lalit Malik as Chief Financial Officer with effect from May 1, 2021, according to PTI report. Sanjay Dalal will retire from the position of Chief Financial Officer (CFO) of the company from close of working hours of April 30, 2021, it added. The company said Malik has over 33…
India Electronics and Semiconductor Association (IESA), an apex body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, has appointed Rajeev Khushu as the Chairman of the Board of Directors. Currently, Khushu is the Director Corporate Affairs, and Government Relations at Texas Instruments India. With over two decades of industry experience, he had earlier…
In wake of the new restrictions announced to curb the spread of COVID-19 infections in Maharashtra, Westlife Development Ltd owned – McDonald’s restaurants will operate 24/7 for contactless McDelivery from select stores in Mumbai. The brand will further be doubling up on its convenience channels of McDelivery, takeaway and On the Go as the state…
Global investment firm, KKR, has announced the appointment of Sasank Chary as a Managing Director on KKR’s financial services industry team within its Americas private equity business. Chary will be based in KKR’s New York office and will focus on sourcing and executing investments in financial services and financial technology businesses. Chary brings over 15…
Internshala, the recruitment and training platform, announced it has brought out a new report regarding the increasing awareness of internships amongst the students of India. The key highlight of the report is that 76,000 students applied to internships every day in the past year. The reason behind this is that internships have become an integral…
Mindbody, the leading experience technology platform for the wellness industry, announced the promotion of five key team members. As the wellness industry begins to rebound, Mindbody wants to acknowledge its employees for their dedication and unwavering commitment to helping people lead happier, healthier lives, the company said in its press release. “As with every industry,…
Choice Equity Broking Private Limited announced it has entered into an agreement to acquire 100 percent stake in New Delhi based Escorts Securities Limited. The acquisition entails mainly the broking business and will be completed within the next six months, subject to necessary statutory approvals. “The buyout shall bring in operational synergies and shall augment…
GoPaisa, a product and offer aggregator functioning within the e-commerce space, has announced aggressive hiring plans for the new financial year. The brand plans to double its manpower in the bid to widening its outreach. “During the unprecedented times wherein, people are facing shortage of jobs and lay-offs, the hiring announcement by the leading affiliate…
Gupshup, the leader in conversational messaging, announced it has raised $100 million in funding from Tiger Global Management, propelling the company’s valuation to $1.4 billion. This funding will be followed by a second close with significant additional funds raised from more investors, to be announced later, the company said. This latest round follows years of…
Asia’s global investment bank Nomura has announced the appointment of Sameer Jain as Chief Information Officer (CIO) for Wholesale, according to ANI report. Jain will also join the Wholesale Executive Committee and CAO Division Executive Committee. Jain was previously with Barclays where he held a number of senior technology roles including Group Chief Technology Officer,…