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Billionaire Mukesh Ambani-led Reliance Industries is reportedly in talks to acquire online furniture marketplace Urban Ladder and daily milk delivery service Milkbasket in an attempt to get a hold of the e-commerce business. According to a report by the Times Of India, the Indian conglomerate is in an advanced stage of talking with Urban Ladder…
Pizza maker Domino’s Pizza Inc recently announced that the company’s flagship stores and its franchisees would hire about 20,000 people to fulfil the increasing demand. According to a Reuters report, the pizza maker said it would hire people in various roles including delivery experts and chefs in the United States. The recent development at the…
Glenmark Pharmaceuticals, a research-led, integrated global pharmaceutical company, announced the appointment of Dipankar Bhattacharjee as Independent Non-Executive Director on the Board of the organization for a period of five years with effect from 14th August, 2020. Bhattacharjee comes with over 30 years of global experience in leading Generics, Specialty and OTC Pharma, Medical Devices, and…
Colliers International, a real estate professional services and investment management company, announced the appointment of Bhupindra Singh as Managing Director, Office Services (North India) to accelerate growth of office services vertical in North India. In a dual role, Bhupindra will also lead Regional Tenant Representation (RTR) platform across India, which is a strategic new role…
Daalchini, a Delhi-NCR based physical marketplace for ‘Traditional Indian Home-cooked Food’, provided by network of Home-based cooks/Tiffin Services, through Internet of Things, announced that it has raised Rs 5 crore in a pre-Series A round led by Artha Venture Fund (AVF). Angel investors that participated in the funding round include Ajay Kaul, former CEO of…
Sai Life Sciences, one of the fastest growing contract development and manufacturing (CDMO) companies in India, announced the inauguration of its new research and technology (R&T) center in Hyderabad , India. KT Rama Rao , Minister of Industry, Trade and IT of the Government of Telangana, inaugurated the facility in the presence of other guests…
Captain Fresh, a Bengaluru-based B2B marketplace that supplies freshwater fish and seafood, announced it has raised $2.3 million in a pre-Series A round of funding led by Ankur Capital with participation from Incubate Fund India and Silicon Valley-based angel investors, according to YourStory report. The company will utilise the funding to invest in technologies like…
Universal Sompo General Insurance Company Ltd, a joint venture between Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investment Corp and Sompo Japan Insurance Inc, announced its alliance with BSE Ebix Insurance Broking Private Limited (BSE Ebix), a joint venture between BSE (Bombay Stock Exchange), the first stock exchange of Asia and Ebix Fincorp Exchange…
M17 Entertainment, the operator of Japan’s No.1 live streaming platform, “17LIVE”, announced that Hirofumi Ono (Hiro), who led M17’s business strategy in Japan, has been appointed as Global CEO of M17. Under Hiro’s leadership, M17 will aim to continue growing into a global live streaming platform. M17 has expanded from its beginnings in Taiwan to…
Ashok Leyland, flagship of the Hinduja Group, announced that it has been awarded the Frost and Sullivan 2020 GCC Light Commercial Vehicle Customer Value Leadership Award for its LCV truck, PARTNER. According to the Company’s press statement, this prestigious recognition is based on extensive and ongoing Frost & Sullivan analysis of the GCC Light Commercial…
Jump Networks Limited (JUMPNET) – a technology company that provides next generation digital services on ultra-low bandwidth to the historically under-served sections of the society, announced that it will invest and capitalise on a partnership with MOS Utility Pvt. Ltd. (MOS) to build it into one of the leading fintech companies in India. According to…
Headspace, a global leader in meditation and mindfulness, announced that it has appointed award-winning singer and songwriter John Legend as its first-ever Chief Music Officer (CMO). In his new role, Legend will work closely with Headspace Studios, Headspace’s new multi-platform studio creating and distributing mindful living content, to harness the power of music to enhance…
Coralogix, a log analytics SaaS platform that improves the delivery and maintenance process for software providers, announced a strategic expansion into India to provide its customers with local Amazon Web Services (AWS) regional server support and data storage capabilities. By localizing data, Coralogix will help customers meet compliance requirements for India’s new data privacy laws…
Amyris, a synthetic biotechnology company in Clean Health and Beauty markets through its consumer brands and a top supplier of sustainable and natural ingredients, announced the appointment of Sheila Shekar Pollak as Chief Marketing Officer of its Biossance Clean Beauty skincare brand. Sheila has a proven track record in developing and executing world-class brand and…
AirAsia Group announced that it is accelerating its ongoing digital transformation journey further by implementing robotic process automation (RPA) in collaboration with Silicon Valley and India-based enterprise automation platform JIFFY.ai. Chief Transformation Officer Azli Mohamed said the implementation of RPA followed a review of AirAsia’s internal processes and workflows, which showed that business process automation…