Vedica Scholars Programme for Women is witnessing a highly successful placement season with more than 92% students of class 2018-19 already placed with industry recruiters. The highest placement this season was at INR 21lakh salary offer, a 22% jump over last year, and average salaries have risen more than 10% across the board to INR…
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Indian-Americans’ startup Riversand secures additional $10 mn investment from Crestline Investors
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•Riversand, a leading software-as-a-service (SaaS) Master Data Management (MDM) and Product Information Management (PIM) solution provider, announced today it has received additional funding from Crestline Investors (“Crestline”), a credit-focused institutional alternative asset manager. In 2017, Crestline invested $35 million in Riversand for a Series A round. The additional investment will be used to continue Riversand’s…
L&T Technology Services Ltd Develops the World’s First Cost-effective Robotic Endo-training Kit
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•L&T Technology Services Limited, India’s leading pure-play engineering services company, was felicitated for its Robotic Endo-training Kit at the 8th Foundation Day of Global Innovation & Technology Alliance (GITA) on Thursday, 28th November 2019 at Hotel Le Meridien, New Delhi. Hon’ble Minister of Science & Technology, Health and Family Welfare and Earth Sciences Harsh Vardhan…
Box8 raises Rs 12 Cr from Trifecta Capital
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•Box8, an on-demand food delivery company, has raised Rs 12 crore debt via debentures from Trifecta Capital in three equal tranches — in August, October, and December. The company was founded by Amit Raj and Anshul Gupta in 2012. Earlier, Box8 had raised $6.2 million in a Series C funding round from ReDefine Capital and…
truMe has raised $1,45,000 from angel investor Rajan Kaistha
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•truMe, an IoT based global Identity and Access Management platform, has raised $1,45,000 from Rajan Kaistha, an angel investor in the US. The company was founded by Babu Dayal, Pramod Uniyal and Lalit Mehta in 2016. The startup will utilise these funds in expanding its footprint in Delhi-NCR and expand operations to Mumbai and Bengaluru.…
Greenlight Planet wins Economic Times Champions of Rural Markets Award
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•The global leader in solar home energy products, Greenlight Planet, has been honored with The Economic Times’ ‘Champion of Rural Markets’ award. The award was received by Priyabrata Das, Retail Business Leader, Asia, and Sahil Khanna, Partnerships Leader, Asia in New Delhi on 13th December 2019. The company has been operating in India since 2009…
Moody’s Analytics wins Data Provider of the Year
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•Moody’s Analytics has won the Data Provider of the Year category at the 2019 Regulation Asia Awards for Excellence. Data Alliance is one of the world’s largest collections of private credit risk data, with more than 100 million financial statements representing 20 million firms. Data Alliance members contribute data, and receive credit risk benchmarking data…
Paytm raises about $660 Million from Alipay, SVF, T Rowe Price
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•One97 Communications Limited (OCL), parent company of Paytm, has secured latest funding of nearly 660 Million from its existing investors T Rowe Price, Alipay, SoftBank and others. Earlier in November, Paytm had raised fresh equity funds amounting to $1 billion led by T Rowe Price, with participation from existing investors – Ant Financial and SoftBank…
Rivigo seeks to raise $20 million as part of its Series F
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•Rivigo, a technology company that is building the material movement pipeline, seeks to raise $20 million in Series F round of funding from SAIF and Spring Canter Investment. The company was founded by Gazal Kalra & Deepak Garg in 2014. Earlier, Rivigo had raised $65 million in its Series E round from its existing investors…
MGM Healthcare appoints new CEO
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•MGM Healthcare, a multi-specialty quaternary care hospital in the heart of Chennai, today announced the appointment of Harish Manian as the Chief Executive Officer (CEO). Harish is a healthcare management professional with almost two decades of experience in the P&L role covering project management, operations, business transition and business development. He has worked across the…
Numerator appoints General Counsel & Chief Privacy Officer, Mohit Kalra
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•Numerator, an industry leader in consumer buying behavior has announced that Mohit Kalra joined as General Counsel and Chief Privacy Officer. Kalra will lead all aspects of the company’s legal strategy, including the company’s commitment to remain at the forefront of transparent, equitable consumer data collection. Kalra joins Numerator from Google where he spent over…
Salesforce names Bret Taylor President & COO
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•Salesforce, the global leader in Customer Relationship Management (CRM), has announced that it’s President and Chief Product Officer Bret Taylor has been appointed as President and Chief Operating Officer. In this role, Taylor will lead Salesforce’s global product vision, engineering, security, marketing and communications. Taylor will continue to report to Chairman and co-CEO Marc Benioff.…
Embassy Group’s HR practices and Workplace Culture earns Top Rank in the Industry
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•Embassy Group, India’s leading Real Estate developer recently won the ‘Best Workplace of the Year’ award at “The Great Indian Workplace Awards – Established Enterprises from the Real Estate Industry” by UBS Forums in Mumbai. The Great Indian Workplace Awards 2019 by UBS Forums recognizes extraordinary workplaces in India that have best HR practices and…
Wipro Promax Analytics Solutions recognised by Promotion Optimization Institute
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•Wipro Limited, a leading global information technology, consulting and business process services company, today announced that its Wipro Promax Analytics Solutions (Wipro Promax) suite has achieved the best-in-class distinction for Trade Promotion (TPx) capabilities in Promotion Optimization lnstitute’s (POI) recently published ‘POI TPx Vendor Panorama 2019’ report. The report focuses on technologies that enable best-in-class…
Scott Rafkin appointed Volvo Group Chief Digital Officer
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•Scott Rafkin, currently President of Volvo Financial Services, has been appointed to the new position of Executive Vice President and Chief Digital Officer for the Volvo Group, effective January 1, 2020. In this role, he will be a member of the Executive Board and report to the Volvo Group President and CEO Martin Lundstedt. As…