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Karat, the standard for technical interviewing announced that Goldman Sachs is recognizing Karat co-founder, Mohit Bhende, as one of the 100 Most Intriguing Entrepreneurs of 2020 at its Builders + Innovators Summit. Goldman Sachs selected Mohit as one of 100 entrepreneurs from multiple industries to be honored at the two-day event. As an executive at…
Chiper, a Latin America’s top e-commerce platform enabling corner stores in the region to grow and thrive, announced it has raised a $12 million Series A round from WIND Ventures, Monashees and Kaszek Ventures. The company, which has built the largest branded network of digitized corner stores in Latin America, will use the money to…
Utopia Global, a global SAP partner, and leading software and services company for end-to-end data quality, data migration, and data governance solutions announced the completion of its acquisition by Genstar-backed Prometheus Group, a leading global provider of asset management operations and optimization software. Co-founded in 2003 by Arvind J. Singh (CEO) and Narinder J. Singh…
Dr. Reddy’s Laboratories Ltd. and Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, announced that they have received approval from the Drug Control General of India (DCGI) to conduct an adaptive phase 2/3 human clinical trial for Sputnik V vaccine in India. This will be a multicenter and randomized controlled study, which will include…
Oyo announced that Mohit Bhatnagar has resigned as Director, effective June 30, 2020, according to the company’s regulatory filings. His resignation was accepted at the company’s board meeting held on September 24. Mohit will now hold a board observer position at the company. Oyo added that Bejul Somaia, partner at Lightspeed India Partners, will continue…
Ride hailing giant Uber has announced the appointment of Manikandan Thangarathnam as Senior Director to lead all Rider and Platform engineering teams. The move will strengthen the company’s tech team in India, it said. “We’re bolstering our tech presence in India with the hire of Amazon veteran, Manikandan Thangarathnam. He joins us as Senior Director…
BharatPe, the digital payments platform has announced that Dhruv Bahl has been elevated to the role of Chief Operating Officer (COO) with immediate effect, said a statement issued by the company. In his new role as COO, Bahl will leadi operations across customer support, deployments – QR, Swipe & Cards, KYC, loan disbursals and lead…
IBM and ServiceNow have announced an expansion to their strategic partnership designed to help companies reduce operational risk and lower costs by applying AI to automate IT operations. “Available later this year, a new joint solution will combine IBM’s AI-powered hybrid cloud software and professional services to ServiceNow’s intelligent workflow capabilities and market-leading IT service…
NirogStreet, a Gurugram-based ayurvedic doctor discovery and appointment booking platform, announced that it has raised $2 million in pre-Series A funding led by Wavemaker Partners and Amand Ventures, along with existing investor Spiral Ventures. The startup will use the current financing for deeper penetration, strengthen technology platform, and digitise the supply chain. The funds would…
Essence, a global data and measurement-driven media agency, announced the appointment of Monica Bhatia as the new Managing Director for Singapore. She will report to APAC CEO T. Gangadhar. In her new role, Bhatia will be responsible for driving continued client-centric innovation in data, analytics and technology, as well as business growth and company culture…
Zomato, a Gurugram-based foodtech unicorn has announced that it has received an additional $52 million in its ongoing Series J round of funding from Kora Investments. According to the company’s regulatory filings, Zomato has allotted a total of 12,656 Class J5 preferential dividend shares to Kora Investment I LLC, at an issue price of Rs…
Acceldata, the world’s first enterprise Data Observability platform, announced that it has raised $8.5 million in Series A funding led by Sorenson Ventures with participation from Lightspeed and Emergent Ventures. Acceldata’s data observability platform provides cross-sectional visibility into analytical and AI systems for global enterprise customers, including GE, PhonePe (Walmart) and Michelin, and many more.…
PwC in India has announced the appointment of Sanjeev Krishan as its new Chairman for a four-year term commencing on 1 January 2021. Sanjeev succeeds Shyamal Mukherjee, the current Chairman, who will step down on 31 December 2020 at the completion of his term. Welcoming Sanjeev into the new role, Shyamal Mukherjee said, “Sanjeev’s deep understanding…
MetLife has announced a number of changes to its senior leadership team. Executive Vice President and President of the Latin America region Oscar Schmidt will retire, effective December 31, 2020. Schmidt will stay on through the end of March 2021 to assist with the leadership transition. “Over the past two and a half decades, Oscar…
Honeywell, a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally, has announced it has acquired assets from privately held Ballard Unmanned Systems, a wholly owned subsidiary of Southborough, Mass.-based Ballard Power Systems Inc. Ballard Unmanned Systems designs and produces…