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KKR, a leading global investment firm, announced that it has agreed to acquire a majority interest in Therapy Brands, 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, from its existing shareholders – investment funds affiliated with Lightyear…
Infosys, a global leader in next-generation digital services and consulting, announced a strategic long -term collaboration with ArcelorMittal, the world’s leading steel and mining company. ArcelorMittal has chosen Infosys to help accelerate the company’s digital transformation journey and enable next-generation application management and business process management (BPM) services for ArcelorMittal Europe. Through this engagement, Infosys…
Electrolux, a global appliance company, has appointed Vanessa Butani, current Head of Sustainability for Business Area Europe, as VP Group Sustainability. She will replace Henrik Sundström, who is retiring from the company. Vanessa Butani will lead Electrolux forward in the company’s For the Better 2030 framework, which covers the full value chain, from operations and…
StockX announced the conclusion of a $195 million secondary tender offering as well as an additional $60 million in Series E-1 primary shares at a $3.8 billion valuation. This represents a 35% increase over the $2.8 billion valuation following the company’s $275 million Series E funding round closed in December 2020. “This news signals the…
TA Associates, a global growth private equity firm, announced the recent hiring of Ritej Bachhawat as a Vice President in its Mumbai office and as a member of the firm’s Strategic Resource Group. “It is a great pleasure to welcome Ritej to TA,” said Dhiraj Poddar, head of TA Associates Advisory Pvt. Ltd. and a…
Edelweiss Wealth Management (EWM) has announced the appointment of Pankaj Razdan as Vice Chairman and Managing Director. In his new role, Razdan will lead strategic initiatives for EWM and work with CEO Nitin Jain, who will continue to drive business operations. Most recently, Razdan was the Deputy Chief Executive of Aditya Birla Capital. He has…
Volvo Cars has appointed Björn Annwall as chief financial officer, effective 19 April 2021. He is the successor to Carla De Geyseleer, who has elected to step down from her position for personal reasons. Björn Annwall has been a member of the executive management team at Volvo Cars since joining the company in 2015. He…
The government has appointed Shiva S Ramann as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI), according to PTI report. The appointment is for a period of three years from the date of his assuming the charge or until further orders, a government statement said. In December, Banks Board Bureau, the…
OFB Tech, which operates business-to-business (B2B) platform OfBusiness, has concluded its Series D2 funding round of $110 million led by Falcon Edge Capital, according to ET report. Post funding, the company’s valuation reaches $800 million. OfBusiness is a new age fintech startup which provides smart financing to SMEs. Existing investors Matrix Partners India, Creation Investments,…
Accenture, a global IT and professional services company, has appointed Shweta A Talwar as Vice President – Talent & HR Operations. In this new role, Talwar is responsible to work with global clients on their Talent & HR operations solution and delivery requirements. Talwar has more than 17 years of experience as an HR leader,…
Siegwerk has announced the appointment of Dr. Nicolas Wiedmann as new Chief Executive Officer, effective from January 01,2021. Wiedmann succeeds Herbert Forker as the new CEO. “After a three-month transition period with his predecessor Herbert Forker, Dr. Nicolas Wiedmann has assumed full responsibility as Siegwerk’s new Chief Executive Officer (CEO). He joined Siegwerk on January…
Leading Australian ETF manager, BetaShares, announced the appointment of former BlackRock Vice Chairman, Blake Grossman, as a non-executive director. Grossman is a pioneer in the global index and ETF industry, and has helped pave the way for exchange traded funds to forever change how millions of investors around the world construct their portfolios, the statement…
Emaar Group has roped in Chandrasekar Radhakrishnan as its new head of marketing. Radhakrishnan has experience of over two decades working with the global FCMG and telecom companies. In this new role, Radhakrishnan will be responsible for the strategic marketing and communications for Emaar across the group, including Emaar Properties,Emaar Development, Emaar Malls, Emaar Hospitality,…
Syndrome Technologies, the leading IT infrastructure company, announced its plans to invest more $5M dollars to augment and support its diversification plan. The company has also appointed Sam Simon as new Chief Executive Officer (CEO), effective from January 1, 2021. Sam has been spearheading Syndrome Technologies to oversee the transformation and diversification plan for the…
Bharti-backed global communications company, OneWeb, said it has appointed former Ericsson SVP Per Borgklint as its Chief Commercial Officer. “We are thrilled to have Per Borgklint joining the OneWeb team as CCO! With over 20 years of experience in leadership positions, Per will be spearheading our go-to-market strategies across all key verticals, and bringing further…