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Flock Freight, a San Diego-based digital logistics provider that offers a shared truckload shipping solution for businesses, announced that it has raised $113.5 million in Series C financing led by Softbank Vision Fund 2. Existing investors SignalFire, GLP Capital Partners, and GV also participated in the round, in addition to new minority investment by strategic…
Everside Health, a Denver-based direct primary care provider which was created from the merger of Paladina Health, Activate Healthcare and Healthstat, announced the appointment of Dr. Gaurov Dayal as the company’s new President and COO. In these new roles, Dr. Dayal will be responsible for managing the day-to-day operations of the company which nearly doubled…
KopyKitab, a subscription-based digital learning platform, has raised an undisclosed sum from a clutch of institutional and angel investors. The digital learning startup is run by DigiBook Technologies Pvt. Ltd. Investors that participated in the fresh funding round are Singapore-based Pactolus Ventures and the Stanford Angels network led by Paula Mariwala, the startup said in…
Larsen & Toubro, India’s leading engineering, procurement and construction projects, manufacturing and services conglomerate, through its wholly owned subsidiary, Larsen & Toubro International FZE, has signed definitive agreements with Rolls-Royce’s Power Systems Division, a global player in power systems, for the strategic divestment of its UK-based integrated marine automation solutions provider Servowatch Systems. Servowatch Systems…
Mastercard announced the appointment of Richard Verma as Executive Vice President, Global Public Policy and Regulatory Affairs. He will directly report to Tim Murphy, General Counsel, Mastercard. In his new role, Verma will oversee the company’s public policy, regulatory affairs and litigation teams around the world. Verma brings over 25 years of international experience across…
PlayUp, the Australian owned Betting Operator, has announced the appointment of Industry Legend and Hall of Famer Dennis Drazin to the Board of Directors. Drazin was recently appointed to the Board and will work directly with PlayUp CEO-USA Dr. Laila Mintas. Together they will help drive the USA business and support the company with its…
Signzy announced that it has raised $3 million from Vertex Ventures, expanding its latest funding round to $8.4 million. Signzy has recently raised $5.4 million in a financing round led by Arkam Ventures and Mastercard, along with existing investors Kalaari Capital and Stellaris Venture Partners. Signzy offers a ‘no-code AI platform’ that helps financial service…
Educational Initiatives (EI), an Ahmedabad-based edtech company, has appointed Poornima SP as its vice-president of human resources. In her new role at EI, Poornima will be responsible for designing and implementing holistic HR policies to meet short and long-term business requirements, focusing on talent management and development, managerial and leadership capability development, and domain-oriented expertise.…
Rolls-Royce, one of the world’s leading aerospace and defence technology companies, and Infosys, a global leader in next-generation digital services and consulting, have signed a strategic partnership for sourcing engineering and R&D Services for Rolls-Royce’s Civil Aerospace business. As part of the overall partnership, Rolls-Royce will transition a significant part of its engineering centre capabilities…
Samsung Electronics has promoted Lee Jung-bae as new chief of its memory business, while Choi Si-young will head its foundry business, according to IANS report. Lee will succeed Jin Gyo-young and Choi Si-young will replace Jung Eun-seung as new chief of foundry business. The latest appointments will bolster the company’s technological competitiveness and occupy new…
Cigniti Technologies, an Independent Quality Engineering & Software Testing services company, has announced the appointment of Ganesh Ramamoorthy as new Chief Revenue Officer (CRO). In his new role, Ganesh will be responsible for Global Sales, Marketing, and Customer success. Ganesh comes with over 28 years of experience as a technology leader with a proven track…
Spark Minda, one of the leading manufacturers of automotive components for the OEMs, has appointed Kapil Madaan as Chief Information Security Officer. Madaan will directly report to Ashok Jade, Group Chief Information & Technology Officer, Spark Minda. Prior to this role, Madaan served as a cybersecurity leader at Max Healthcare. Prior to that, he has…
eBay, a global commerce leader that connects millions of buyers and sellers in 190 markets around the world, has announced the appointment of Julie Loeger as Global Chief Growth Officer (CGO), effective from January,2021. She will report to Jamie Iannone, CEO of eBay. In her new role as CGO, Julie will lead two critical, global…
Informa Markets, a global exhibition organiser that creates platforms for industries and specialist markets to trade, innovate and grow, has announced that M. Gandhi, the division’s Group Managing Director of ASEAN Business & Senior Vice President of the ASEAN Business, will be stepping down from his role after more than 20 years of service. Asia…
Habitat, an ed-tech platform for civil servant aspirants, has raised Rs 5 crore in its seed funding round. The startup raised the funds from impact investment firm Unitus Ventures and Whiteboard Capital, Habitat said in a statement. The startup will use the funds to strengthen its team and upgrade its technology, Habitat CEO Rohit Pande…