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Sunstone Eduversity, an Education technology startup announced that it has raised Rs 24 crore in Series A funding led by Saama Capital. Existing investors Prime Venture Partners, Purvi Capital and Leo Capital founder and MD Rajul Garg also participated in the funding round. The round also saw Helion Advisors MD Ashish Gupta and PeopleStrong CEO…
Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, announced that it has been recognized by Amazon Web Services (AWS) as the 2020 AWS Migration Success Partner of the Year in India. Each year, AWS honors partners who demonstrate leadership in the region and play key roles in helping customers reimagine…
Noted filmmaker Shekhar Kapur was appointed president of the Pune-based Film and Television Institute of India (FTII) Society and chairman of the institute’s governing council, an official said, according to the PTI report. FTII Director Bhupendra Kainthola said Kapur’s appointment was announced by the Union Ministry of Information and Broadcasting. The 74-year-old filmmaker’s tenure will…
Social networking platform Twitter announced that it has appointed Rinki Sethi as its new Chief Information Security officer. In her previous stint at IBM, Sethi served as information security executive. Sethi had previously worked as the vice president of information security at cyber-security firm Palo Alto, according to her LinkedIn profile. Earlier in July, Twitter…
McKinsey & Company and LeanIn.Org released the annual Women in the Workplace report, the largest study of its kind. After six years of slow but measurable progress in the representation of women in corporate America, 1 in 4 women are now considering leaving the workforce or downshifting their careers due to Covid-19. In a single…
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that General Atlantic, a leading global growth equity firm, will invest ₹ 3,675 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.285 lakh crore. General Atlantic’s investment will translate into a 0.84% equity…
Seismic, the industry-leading sales enablement and marketing orchestration platform provider, announced it has raised $92 million in Series F round of funding led by a company backed by the Permira funds. Additional new strategic investors include Ameriprise Financial and EDBI. Existing investors participating in the round include Jackson Square Ventures, Lightspeed Venture Partners, and T.…
StayQrious, an edtech company that focuses on essential 21st century skills through live online coding classes, announced that it has raised $2 million in seed funding round led by some of the leading early-stage investors, as per YourStory report. Investors include Learnstart, the dedicated seed fund of Learn Capital and other global investors such as…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced the findings of its global survey titled, “Digital Readiness and COVID-19: Assessing the Impact,” revealing that 90% of organizations are maintaining or increasing their digital transformation budgets amid the pandemic. The global survey engaged almost 300 senior business leaders from large enterprises…
SquadStack, a San Francisco and Delhi-based technology startup that offers sales acceleration, funnel optimization, and business management solutions for businesses, announced that it has raised $5 million in a Series A funding round led by Chiratae Ventures. The round also saw participation from existing investor Blume Ventures. The company plans to utilize the fresh funds…
Etrio, an electric vehicle retro fitment kit maker announced that it has raised $3 million in its Series A funding round from a group of HNIs. The funding will be used to diversify its business into making electric three-wheelers and e-bicycles. The company has been working on electrification kits for Maruti Suzuki’s Alto and Dzire,…
Larsen & Toubro Infotech, a global technology consulting and digital solutions company, announced that it has been recognized as a Great Place to Work-Certified Company in the USA. This Certification is a significant achievement that validates employee feedback gathered with Great Place to Work’s rigorous, data-driven methodology. This recognition confirms that 7 out of 10…
SBI Card, India’s largest pure play credit card issuer, and American Express, the globally integrated payments company, announced that they have entered a strategic partnership to offer a powerful mix of global benefits and exclusive privileges for discerning consumers in India. With this partnership, SBI Card`s top end premium products – SBI Card ELITE and…
Google Cloud announced a collaboration with Reckitt Benckiser (RB) to drive stronger customer engagement as the consumer health, hygiene and nutrition company embarks on wide-scale digital transformation. The alliance, which is a result of RB’s multi-year digital transformation, will see Google Cloud unify the company’s extensive data landscape, building new capabilities around consumer identification, journeys,…
Bed Bath & Beyond, a New Jersey-based omnichannel retailer selling a wide assortment of domestics merchandise and home furnishings, announced it has named Anu Gupta as Chief Strategy and Transformation Officer, effective October 5, 2020. Gupta will report to John Hartmann, Chief Operating Officer (COO). In her new role, Gupta will be responsible for the…