Bharti Airtel, India’s largest integrated telecommunications company, announced entering into the fast-growing cloud communications market with the launch of Airtel IQ. Airtel IQ, a cloud-based omni-channel communications platform, enables brands to deepen engagement with customers through timely and secure communication. Take for example a customer ordering food through an online platform and calling the delivery…
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The Rockefeller Foundation commits $1 bn for recovery from Covid-19 pandemic
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•The Rockefeller Foundation, a provider of resources and investment to innovators in the social and environmental product sectors, announced that it will commit $1 billion over the next three years to catalyze a more inclusive, green recovery from the Covid-19 pandemic. The Foundation will focus on two key areas: catalyzing billions of dollars in private…
Castlight Health makes executive changes, appoints Richa Gupta as Chief People Officer
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•Castlight Health, the San Francisco-based healthcare navigation platform, announced the addition of three new seasoned executives to its leadership team: Richa Gupta, Chief People Officer, Vijay Anand, Executive Vice President of Engineering, and Angel Rosa, Senior Vice President of Customer Experience. “We’re proud to have these strong leaders join Castlight and bring such critical expertise…
Tech Mahindra acquires Momenton and Tenzing
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•Tech Mahindra, a part of the Mahindra Group that offers innovative and customer-centric information technology experiences, announced the strategic acquisition of Momenton, a digital enterprise technology firm, offering consultancy and implementation services, and Tenzing Limited, a technology consulting company. According to the press statement, Tech Mahindra has acquired 100% equity in both the organizations, and…
WeWork India makes key changes to its leadership team
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•WeWork India announced some key changes to its India leadership team. The co-working major has appointed Clifford Lobo as Chief Financial Officer (CFO). It has also appointed Hiranmai Rallabandi as General Counsel and Santosh Martin has been elevated to Head of Sales. “Clifford Lobo has been appointed the new CFO at WeWork India…Hiranmai Rallabandi joins…
S Rajesh Balaji appointed Chief Human Resources Officer of Matrimony.com
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•Matrimony.com, a consumer internet company that offers India-wide matchmaking services through an online portal, announced the appointment of S Rajesh Balaji as Chief Human Resources Officer. In this new role, Balaji will oversee all aspects of human resources strategy, talent management, building individual and organisational capabilities, organisation design and digitization amongst others. Balaji holds more…
Persistent Systems appoints Sandeep Kalra as CEO
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•Persistent Systems announced the appointment of Sandeep Kalra as its new CEO, effective immediately. Sandeep joined Persistent in May 2019 as Executive Director and President of the Technology Services Unit TSU, responsible for setting the strategic direction as well as managing the sales and delivery functions for the unit. Under his leadership, the unit delivered…
Kellogg Company adds new member to its Board
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•Kellogg Company, the world’s leading producer of cereal and snacks, announced the election of J. Michael Schlotman, former Executive Vice President and Chief Financial Officer (CFO) at The Kroger Company, to its Board of Directors, effective immediately. “We are very pleased to welcome Mike to our Board of Directors,” said Steve Cahillane, Chairman and Chief…
Honeywell, Microsoft partner to transform industrial workplace
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•Honeywell and Microsoft announced that Honeywell will bring to market its domain-specific applications built on the Microsoft cloud platform to drive new levels of productivity for industrial clients. With the integration of the AI-driven autonomous controls of the Honeywell Forge enterprise performance management software with Microsoft Dynamics 365 Field Service, customers will be able to…
Hitachi recognised as a Leader in 2020 Gartner Magic Quadrant for Industrial IoT platforms
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•Hitachi and its digital infrastructure and solutions subsidiary Hitachi Vantara announced that Hitachi was named a Leader in the 2020 Gartner Magic Quadrant for Industrial IoT Platforms based on Gartner Inc.’s evaluation of the company and its Lumada IoT software. Hitachi also received the highest placement in the 2020 Leaders quadrant for ability to execute.…
Aditya Birla Fashion & Retail to raise Rs1500 cr from Flipkart Group
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•Aditya Birla Fashion and Retail Limited (ABFRL) has announced that it has approved the raising of Rs. 1500 crore by way of preferential issue to Flipkart Group, according to the company’s exchange filings. With this infusion, Flipkart Group will own 7.8% equity stake in ABFRL on a fully diluted basis. The promoter and promoter group…
Prudent Corporate names Karan Datta and Deepak Sood as Independent Directors
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•Prudent Corporate, one of India’s fastest growing Group in financial services, announced the appointment of Karan Datta and Deepak Sood as Independent Directors. With this appointment, the Prudent Board expands to 7 directors, 2 of whom are independent. “We are delighted to welcome Karan and Deepak to our Board,” said Sanjay Shah, Managing Director, Prudent…
Jaipur-based AI startup NeoDove raises undisclosed funding
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•NeoDove, a leading AI driven contact center automation platform, announced that it has raised an undisclosed amount of funding led by Ankit Garg, founder of WakeFit and others. The startup boasts of over 100 clients from 16 states across Finance, Education, Automobile, NGOs and other industries. More than 1000 users are using their solution for…
Amit Aghara appointed CTO of Florida-based Fintech
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•Financial Information Technologies(Fintech), the leading business solutions provider for the beverage alcohol industry in the U.S announced that Amit Aghara has been appointed to the position of Chief Technology Officer (CTO). “Mr. Aghara brings to Fintech robust expertise as a leader in the technology and software sectors, having strategically positioned several new products for successful…
Chennai-based AhaGuru raises Series A funding from Anand Mahindra’s family office
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•AhaGuru, a Chennai-based online learning platform, announced that it has raised a Series A funding round led by an investment firm managed by Anand Mahindra’s family office. The company will use the funds to develop new technology features and online courses for high school students and increase its student base across the country as well…