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IBM announced it has reached a definitive agreement to acquire TruQua Enterprises, LLC, an IT services and consulting SAP development partner that specializes in delivering finance and analytics solutions to Fortune 500 companies. Financial details of the deal were not disclosed. This acquisition enhances IBM’s expertise in migrating financial platforms to SAP to help businesses…
Honeywell, a global leader in connected buildings, announced a strategic investment in Trinity Mobility Private Limited, an India-based software company and provider of the leading internet of things (IoT) Smart Cities platform and software applications. Financial details of the deal were not disclosed. This strategic investment will allow Honeywell to expand its smart cities capabilities…
Wipro, a global information technology, consulting and business process services company, and SNP Schneider-Neureither & Partner SE, a world-leading provider of software solutions for digital transformation processes and automated data migration, announced a strategic partnership to help customers accelerate their enterprise transformation journey. As part of the partnership, Wipro will leverage SNP’s CrystalBridge data transformation…
Geniecast, one of the leading virtual event content and production companies in the U.S., has announced the appointment of former CNBC executive Jeremy Pink as the company’s first Chief Operating Officer. In his new role, Pink will run day-to-day operations as the company continues to help more businesses and organizations create state-of-the-art virtual experiences, the…
HDFC Asset Management Company has appointed Navneet Munot as the Managing Director & CEO. Munot will succeed Milind Barve, the current MD of the company. Currently, Navneet Munot is the Chief Investment Officer (CIO) at the SBI mutual fund company, where he has worked for 12 years. “The Board of Directors is pleased to inform…
Ford, a global company that designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, has announced the appointment of Vijay Sankaran as Chief Software and Information Officer, effective Nov 16, 2020. Sankaran will report to Ford President and CEO Jim Farley. Prior to this role,…
Instamojo, a full-stack transactional platform aimed at bringing small business online, has announced that it has raised an undisclosed sum of funding from investors including the venture arm of Japan’s Gunosy. In a blog post, the Gunosy Capital Pte Ltd said it had made an additional investment in Instamojo. As per Entrackr report, the investment…
Mitron TV, a short-format video app startup based out of Bengaluru, has appointed Shyamanga Barooah as Head of Content Strategy and senior journalist Biswarup Gooptu as Head of Partnerships & Policy, according to ET report. In his new role, Gooptu will focus on driving public policy for Mitron TV and building government alliances. Barooah will…
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd (RIL), announced that it has acquired equity shares of online furniture and decor platform Urban Ladder Home Decor Solutions Pvt Ltd for ₹182.12 crore. RRVL has bought 96% holding in the equity share capital of Urban Ladder and has a further option of acquiring…
Salesforce, the global leader in CRM, announced the launch of the #Journey2Salesforce program, a free online learning journey for non-Salesforce professionals in India to learn the skills to help them start their careers in the Salesforce ecosystem. This program leverages Trailhead, Salesforce’s free online learning platform, to empower individuals to learn in-demand skills and earn…
The Phase 3 ENSEMBLE study of the single-dose regimen of JNJ-78436735, the investigational vaccine candidate for the prevention of COVID-19 being developed by the Janssen Pharmaceutical Companies of Johnson & Johnson, continues to enroll and vaccinate study participants. ENSEMBLE is proceeding to enroll up to 60,000 participants worldwide. In addition to the single-dose regimen ENSEMBLE…
S4S Technologies, a company using innovative technology to restore and add value to India’s inefficient agricultural supply chain, announced it has closed a $1.75 Million pre-series A round led by Acumen Fund, along with Factor[e] Ventures and (C-SAW). The startup will utilise the current financing to further develop their network of rural women drying partners, expand…
Hyundai Mobis, the 7th largest leading automotive supplier, announced that the company has hired executive vice president, Axel J. Maschka as head of the Global Sales Division. Maschka will directly report to CEO of Hyundai Mobis. Prior to this role, Maschka served as a senior VP and Executive Committee member at Valeo in charge of…
Info Edge said its investee company Zomato has raised $195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora and Steadview, valuing the online food ordering platform at $3.6 billion, according to PTI report. “Zomato Pvt Ltd has closed a primary fundraise of $195 million from six different investors…The transactions valued…
Legacy Healthcare has announced the appointment of Amit Srivastava as Board Member and Director – India Operations, according to ET report. In his new role, Srivastava will head Legacy Healthcare’s India operations and lead the company’s initiatives from the India office in Bengaluru, with a focus on research to explore the diverse botanical resources that…