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Prabodh Agrawal, Chief Financial Officer of IIFL FINANCE, will be exiting from his role. The company in its exchange filing informed that Agrawal has submitted his resignation due to personal reasons. Agrawal will be relieved from the services in February 2020. In a BSE release, the company said “we would like to inform that Mr.…
Salesforce, the global leader in CRM, announced that it will train 250,000 Indian students for the technology jobs of tomorrow by 2022. In separate partnerships, Salesforce has signed Memorandums of Understanding (MoU) with the ICT Academy, the Telangana Academy for Skill and Knowledge (TASK) and ICT Academy of Kerala (ICTAK). Through these partnerships, Salesforce will…
Automation Anywhere, a global leader in Robotic Process Automation (RPA), announced Neeti Mehta, the company’s Co-founder and Senior Vice President of Brand Strategy and Culture, has been named one of the ‘Top Women Entrepreneurs in Cloud Innovations’ by CloudNOW – a non-profit consortium of the leading women in cloud computing and converging technologies. As a…
Mahindra & Mahindra Ltd announced top management succession plans, which will span over the next 15 months. A number of key leaders at Mahindra & Mahindra Ltd. are said to be retiring. The board of the company announced the changes after a structured and rigorous review of top management succession, which has now been ratified…
Appnomic, a B2B SaaS startup that provides self-healing IT software, has raised $22 million in funding led by Avataar Ventures. The startup was founded by Jobs. D Padmanabhan in 2006. Recently, the company appointed Nitin Kumar as CEO and made additional appointments of Cuneyt Buyukbezci as CMO and Girish Muckai as CRO. Earlier, it had…
Lenskart, India’s fastest growing eyewear company raised $231 million from SVF II Lightbulb, a Cayman Islands-based entity which is an investment vehicle of Softbank Vision Fund (SVF). The company was founded by Peyush Bansal and Amit Chaudhary in 2008. Lenskart has already been in discussions with SoftBank Vision Fund this year to raise a funding…
Hari Krishnan has been appointed as the CEO of Mullen Lintas. Hari moves from Lowe Lintas where he was President and was spearheading the South operations, one of the country’s leading agency offices.
HackerRank, a platform that helps developers match the right job, announced that it has acquired Mimir, the cloud-based platform for computer science courses. Mimir delivers an innovative way for professors and teaching assistants to educate computer science students and assess their progress. Leading universities like Michigan State University, Illinois Institute of Technology and Finger Lakes…
CRISIL, an S&P Global Company, will acquire Greenwich Associates LLC (‘Greenwich’), a leading provider of proprietary benchmarking data, analytics and qualitative services. Greenwich, a Stamford, Connecticut-based company, serves over 300 of the top investment banks, corporate banks, commercial banks, asset managers and key players in the market infrastructure space globally. The acquisition will complement CRISIL’s…
Tata Communications was named the Asia-Pacific Managed Unified Communications Service Provider of the Year at the annual Frost & Sullivan Asia-Pacific Best Practices Awards banquet, held on 14 November at The St. Regis, Singapore. Krishna Baidya, Head of Connected Work Research, ICT, Frost & Sullivan, said, “As a managed services provider, Tata Communications manages to…
Quantiphi, an Indo-US based Applied Artificial Intelligence and Big Data services company, has announced a series A investment worth $20 million from Multiples Alternate Asset Management, a private equity platform with $1.5 billion under management. It was founded by Asif Hasan, Reghu Hariharan, Ritesh Patel and Vivek Khemani in 2013. Renuka Ramnath, Founder, and CEO…
Jumpstart, which provides a way for organizations to tap into a wider pool of candidates, has raised $8.5 million in Series A led by storied VC firm Sequoia Capital, with participation from Michael Lynton, chairman of Snapchat’s parent Snap Inc.; and Joshua Steiner, the co-chairman of commodity trading firm Castleton Commodities International LLC.
ZestMoney, a consumer lending fintech company, has raised $15 million in extended series B round from Goldman Sachs and existing investors Naspers Fintech, Quona Capital, and Omidyar Network. The extended series B round brings ZestMoney’s total raise to-date to $63 million. The company was founded by Priya Sharma, Lizzie Chapman and Ashish Anantharaman in 2015.…
SalaryFits, financial institutions to integrate their systems with payroll information, has raised $5 million from Brazilian VC fund Confrapar. The company was founded in 2015 by Renato Araujo. Earlier, it had raised seed capital worth $1.3 million, across two rounds, from Portugal 2020 and Level39. The startup will utilize these funds to expand its operations…
STL, a global data networks innovator, in partnership with Cognity, a leading European systems integrator, announced signing of a multi-year, multi-million dollar strategic digital transformation agreement with Telekom Albania, the first mobile communications company in Albania. Albania’s telecom market is growing significantly and over 1.1 million subscribers are increasing mobile data demand. Telekom Albania has…