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Shell International Petroleum Company Limited and Microsoft Corporation have entered a new strategic alliance to support progress towards a world with net-zero emissions. This builds on the strong foundation of decades of technology collaboration between the two companies. This type of strategic alliance is a model for how companies can work together to achieve their…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it is using its new AI software, IUX for Workplace Resilience, to minimize the risks for its employees and ensure their safety, should their responsibilities require some of them to be in the office during the pandemic. When COVID-19 forced companies…
BestDoc, a healthcare startup that provides intelligent Patient Relationship Management for Hospitals, announced it has raised $2.1 million in pre-Series A funding round from US-based Accel and Bengaluru-based Arkam Ventures. Existing investor SEA Fund also participated in the funding. Founded in 2016 by Afsal Salu, Fayaz Bin Abdu, and Soudabi Neduvanchery, BestDoc started as a…
Hewlett Packard Enterprise, the global edge-to-cloud platform-as-a-service company, announced it has completed the acquisition of Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, for $925 million. Post acquisition, Silver Peak will become a part of Aruba, a Hewlett Packard Enterprise company. The acquisition will strengthen Aruba ESP (Edge Services Platform), helping to advance enterprise…
Vivriti Capital, a marketplace for small enterprises and individuals that lack efficient access to financial services, announced it has raised Rs 100 crore in a round led by existing investor Creation Investment. Earlier, the firm had raised Rs 350 crore in March from LGT Lightstone Aspada, and Rs 310 crore in 2019 from Creation Investments.…
Mobile Premier League (MPL), a Bengaluru-based mobile eSports platform, announced it has raised $90 million in its latest financing round led by SIG Global and RTP Global, according to ETtech report. Post funding, the company’s market valuation stood at $450 million. The company also executed a buyback of employee stock ownership plans (Esops) worth $3.2…
Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has expanded its partnership with Morrisons, a leading supermarket chain in the UK, through a five-year contract for application management services, data services and cyber security services. The partnership will help accelerate the latter’s plan to simplify and modernise its technology to…
Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, announced that it has completed the acquisition of Majesco, a global leader of cloud insurance software solutions for insurance business transformation. As previously announced on August 8, 2020, under the terms of an amended and restated definitive merger agreement, Thoma Bravo…
Domino’s Pizza, the largest pizza company in the world based on global retail sales, announced the promotion of Senior Vice President – Chief Technology Officer Kelly Garcia to Executive Vice President – Chief Technology Officer, effective Oct. 2, 2020. Garcia will join the Company’s senior leadership and will report to Domino’s Chief Operating Officer Russell…
Samsung Biologics and AstraZeneca announced a long-term supply agreement, valued at approximately $330.8 million. According to AstraZeneca, this collaboration agreement is also expected to accelerate Korean bio-health innovation. Under this agreement, Samsung Biologics will provide large-scale commercial manufacturing for drug substance in its Plant 3 as well as drug product to support AstraZeneca’s biologics therapeutics, which…
OYO Hotels & Homes, one of the world’s leading hotel chains announced the appointment of Tejal Patil as Senior Legal Advisor for India & South Asia, effective 21st September 2020. Tejal will be reporting into Rohit Kapoor, Chief Executive Officer, India & South Asia, OYO and working in conjunction with Rakesh Prusti, Global General Counsel,…
CSS Corp, a new-age IT services and technology support company, announced that it has won two Silver Stevie awards at The 17th Annual International Business Awards. The company was recognized in two COVID-19 response categories- Most Exemplary Employer and Most Valuable Corporate Response of the year. The company received these awards for its strong people…
Visa, the global leader in digital payments technology, announced the launch of a grant program in India to support women entrepreneurs with its global partner, IFundWomen. As an extension of two successful programs launched in the U.S. this year, women entrepreneurs in India will now receive funding from Visa to grow and expand their business.…
MyGate, a Bengaluru-based smart mobile app that simplifies check-ins everywhere, said that it is looking to hire about 300 people over the next few months for various roles, that include technology, business development and sales, according to the PTI report. The Tiger Global-backed startup helps gated communities manage their security and operations by digitising and…
Organizations that aim to hire this season are increasingly shifting to virtual campus placements as they face significant challenges with their traditional campus hiring schedules due to COVID-19, according to a recently launched report by Mercer | Mettl. With COVID-19 disrupting regular campus hiring drives this season, virtual platforms are serving as imperative solutions to…