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Global public relations company, Hill+Knowlton Strategies (H+K) recently announced that it has appointed Abhishek Gulyani as Chief Executive Officer to lead its operations in India. Gulyani, an experienced communications specialist,will manage the offices in Bengaluru, Gurgaon and Mumbai to capture the enormous growth potential in the country. Speaking on his appointment, Gulyani said, “To join…
DigitalOcean, a New York-based IaaS company that delivers a seamless way for developers and businesses to deploy and scale any application in the cloud, announced it has closed a $50 million Series C funding round led by Access Industries, with participation from Andreessen Horowitz. The funding follows the $320 million debt financing in February and…
The Board of Mahindra Lifespace Developers Ltd. has announced the appointment of Arvind Subramanian as Managing Director & Chief Executive Officer with effect from 1 July 2020. He will succeed Sangeeta Prasad, who after a distinguished career of over eleven years with the Mahindra Group, has decided to pursue other interests. Arvind joined the company…
Indian food delivery unicorn Zomato recently announced that it is set to lay off about 13% of its workforce due to the coronavirus pandemic’s impact on business. The job cuts and temporary pay cuts for employees were announced by the company founder and Chief Executive Officer Deepinder Goyal through a blog published on the company…
Mobile-based point of sale company, ePaisa recently announced that it has elevated its Chief Business Officer Pravinkumar Bhandari to the position of Chief Executive Officer. He has been serving as CBO since June last year. As the CBO his role was to entail tasks and processes towards business development by implementing growth opportunities within and…
German automaker Volkswagen Passenger Cars recently announced the appointment of Abbey Thomas as the company’s Head of Marketing for India business. His appointment is announced with immediate effect. In his new role, Thomas will be responsible for the marketing strategy of the brand in India. Thomas takes over from Bishwajeet Samal, who moves to Wolfsburg,…
Rebag, a New-York based online luxury handbag authority that rethinks the role of luxury in the secondary market, announced it has raised $15 million in a Series D funding round, bringing its total funding raised to $68 million. The Series-D funding is led by private equity firm Novator. Existing investor General Catalyst also participated in…
In these unprecedented times when countries are under lockdown due to the coronavirus outbreak, many global companies such as Twitter are giving work from home option for ‘forever’ to its employees. On similar grounds, many companies and departments across public and private sectors are considering ‘work from home’ (WFH) as a great tool to keep…
Softbank-backed car subscription startup Fair.com recently announced that it has appointed Bradley Stewart as the company’s new Chief Executive Officer. Stewart joins the car subscription startup after being associated with aviation startup XOJet from 2013 to 2019 as Chairman and CEO. The company was later acquired by Vista Global. Announcing his appointment on LinkedIn, Stewart…
Wipro Limited, a leading global information technology, consulting and business process services company, announced that it has been positioned as a Leader in Gartner’s Magic Quadrant for Managed Workplace Services (MWS), Europe. “Gartner evaluates the MWS providers based on the quality and efficacy of the processes, systems, methods and procedures that enable each provider’s performance…
Philippines-based home services platform GoodWork recently announced that it has raised $1.6 million in seed funding. The funding round was led by US-based Chaac Ventures. According to a company statement, clutch of angel investors from Facebook and Snapchat along with other US investment funds such as Elysium Ventures and Kairos K50 also participated in the…
Mahindra Electric Mobility, the electric vehicle manufacturing arm of Mahindra, recently announced that it has elevated company CEO Mahesh Babu to the position of Managing Director and CEO. His appointment will come in effect from May 7. The decision was taken by the board of directors in a board meeting held on May 6. Babu…
Ride hailing giant Uber is reportedly in advanced talks to takeover food delivery company GrubHub in an all stock deal. According to a Bloomberg report, the two companies could reach an agreement very soon. As soon as the news hit the market, shares of GrubHub jumped about 29% to $60.50, while those of Uber rose…
Birlasoft Ltd, part of the USD 2.4 billion diversified, The CK Birla Group, announced it has been positioned by Gartner, Inc. in the Niche Players Quadrant of the 2020 “Magic Quadrant for Oracle Cloud Applications Services, Worldwide” report. “Birlasoft is honored to be positioned in the Niche Players Quadrant of Gartner Magic Quadrant for Oracle…
Anywhere365, a Netherlands-based leading software provider for Enterprise Dialogue Management and Cloud Contact Center for Microsoft Teams, announced that it has received an additional €20 million investment from its existing investor Bregal Milestone. The follow-on investment brings total external funding to €60 million and the founder of Anywhere365, Gijs Geurts, will retain a majority interest…