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Credit Wise Capital (CWC), a tech-enabled consumer finance NBFC, announced that it has raised $6 million seed funding led by Chairman of MJ Shah Group Mayank Shah, according to YourStory report. Other investors that participated in the funding round include Ajay Goel, Founder of Venture Catalysts, Anuj Golecha, Director of EssGee Group, Gaurav Gandhi, Director…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, and Damen Shipyards have won the CIO Magazine Innovation Award in the ‘Most Innovative B2B Project or Program’ category. The companies were recognized for Triton, Damen’s connected vessel platform, designed and built by TCS. The integrated, collaborative IoT platform collects data using 10,000…
Via, the provider of digital infrastructure for public mobility systems, announced that it has acquired Fleetonomy, a leading developer of advanced fleet management software. The acquisition accelerates Via’s expansion beyond public transit and strengthens its ability to meet increasing global demand for efficient, flexible solutions for logistics and delivery. Following its Series E financing led…
Welltower, an S&P 500 company headquartered in Ohio, US, is driving the transformation of health care infrastructure, announced that Shankh Mitra has been appointed Chief Executive Officer and will join the Board of Directors, effective October 5, 2020. Mitra, who has been serving as Vice Chair, Chief Operating Officer and Chief Investment Officer, succeeds Thomas…
NASSCOM FutureSkills and DeakinCo., the corporate division of Deakin University, Australia, announced their partnership to offer free courses in communication for skilling, reskilling and upskilling programs in India, to help individuals and organizations prepare for now and future work trends in IT-BPM sector. The virtual launch was conducted in the presence of A Gitesh Sharma,…
Gap and India’s Ministry of Rural Development (MoRD) have announced a new partnership to reach hundreds of thousands of young women and men over the next three years by leveraging Gap Inc.’s P.A.C.E. (Personal Advancement & Career Enhancement) program. The collaboration represents a culmination of efforts across both organizations to provide greater opportunity to youth…
Agritech startup Unnati said it has raised $1.7 million in pre-Series A round from NABVENTURES — NABARD’s agriculture-focused venture fund, according to YourStory report. Angel investor Sumeet Seraf also participated in the funding round. Founded in 2017 by Amit Sinha and Ashok Prasad, Unnati is on a mission to create 5 million farm entrepreneurs by…
CredR, India’s largest used two-wheeler consumer brand, announced the appointment of Subas Hota as the new Head of Data Science & Technology, effective from October 2020. Subas will report directly to Chief Strategy Officer, Sasidhar Nandigam. Subas brings with him a wealth of 20+ years’ experience in data science and technology across reputed companies from…
Flipkart, India’s homegrown e-commerce marketplace has announced its partnership with Paytm, India’s leading digital financial services platform, to provide customers a slew of offers and benefits as they prepare their wish lists for this festive season. This partnership will enable millions of Paytm users to conveniently pay through their Paytm Wallet and Paytm UPI while…
Dr. Reddy’s Laboratories has joined the Science Based Targets initiative’s (SBTi) business ambition for 1.5 °C, becoming the first Indian and the third Asian pharmaceutical company to have set its Science-Based Targets to further minimize environmental impact. The Company has committed to reducing its Scope 1 and 2 greenhouse gas (GHG) emissions by 55 percent…
Intra-Cellular Therapies, a biopharmaceutical company focused on the development and commercialization of therapeutics for central nervous system (CNS) disorders, announced the promotion of Dr. Suresh Durgam to the position of Chief Medical Officer. Dr. Suresh Durgam succeeds Dr. Andrew Satlin, who will step down as Chief Medical Officer, and will leave the Company effective October…
Acculi Labs, a clinical grade smartphone based diagnostic tool has announced that it has raised Rs 5 crore in a seed funding round from PirE Ventures, an investment firm based out of Mumbai, according to YourStory report. Started in 2017 by Rupam Das, Acculi Labs aims to make home-based care available to the last person…
Caterpillar has signed an agreement to acquire the Oil & Gas Division of the Weir Group, a Scotland-based global engineering business. Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products that are serviced via an extensive global network of service centers located near customer operations. …
Tata Consultancy Services, a global IT services, consulting, and business solutions organization, announced that its TCS Connected Clinical Trials (CCT) platform has won the 2020 Citeline Award in the category ‘Best Patient-facing Technology Initiative’. CCT won the award for providing a positive experience to patients participating in clinical trials as well as unlocking superior efficiencies…
Publicis Sapient, the digital transformation hub of Publicis Groupe, announced the appointment of Kameshwari Rao as Global Chief People Officer. This announcement solidifies the executive team, which has led Publicis Sapient through the challenges of the COVID-19 pandemic and all its economic changes with transparency and a clear commitment and vision for its people and…