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ReneSola Ltd, a leading fully-integrated solar project developer announced that it successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 MW solar projects in Poland. This new facility provides an injection of 10.64 million euros (US$12.1 million) of new capital. It is the second bridge financing…
Circa announced the purchase of Andover, MA-based America’s Job Exchange (AJE). America’s Job Exchange is a leading provider of diversity recruitment and OFCCP compliance technology solutions in the U.S and as of the close of the sale becomes part of Circa. “The acquisition of America’s Job Exchange is an important strategic step for Circa,” said…
United Airlines announced that Sasha Johnson will become the company’s Vice President of Corporate Safety following Michael Quiello’s retirement from United, effective October 1. Johnson, who currently serves as United’s managing director of International Regulatory and Policy, will report to United’s Chief Operations Officer Jon Roitman. In her new role, Johnson will manage all aspects…
Terracore Operating Company announced that it has promoted Mark DePuy to the position of Chief Executive Officer of the Company and that William McConathy is departing the Company and will no longer serve as the Company’s President and Chief Executive Officer. Prior to being promoted, DePuy served as Chief Operations Officer of the Company. “The…
Celsius Network, the interest-earning platform, announced that it will be closing its equity funding round with over $18.8 million in investments. This raise was a unique equity offering for both qualified U.S. & non-U.S. investors, and has been now successfully raised through BnkToTheFuture, the largest online investment platform for investing in FinTech & crypto companies,…
WYN Studio, a new age content startup, announced that it has raised seed funding from India Angel Fund led by Sanjeev Sinha: India Japan Partnership Fund based in Tokyo, Pranay Anthwal: Media & Entertainment industry leader, Narendra Firodia: Founder, Sohamm Unicorp and Rahul Narvekar: Co-Founder, India Angel Fund. WYN – What’s Your Narrative is a…
Bengaluru-based cloud services provider G7 CR Technologies recently announced that it has decided to pass on the various benefits to its employees for a safer and healthy work environment. The company has announced a work from home allowance of ₹18,000 for all its employees. The intent is to aid the purchase of UPS and office…
Riiid, a leading AI education solutions startup and a member company of the Born2Global Centre, announced that it has successfully secured a $41.8 million pre-Series D funding round. The round includes investment from state-run Korea Development Bank (KDB), NVESTOR, Intervest as well as from an existing investor IMM Investment, bringing Riiid’s total funding to date…
ChannelAdvisor Corporation, a provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, announced that it has acquired BlueBoard, a leading e-commerce analytics company. Financial terms of the transaction were not disclosed. Headquartered in Paris, France, BlueBoard helps leading global brands such as L’Oreal, Clarins, and Logitech gain a competitive advantage…
Ather Energy, a Bengaluru-based electric vehicle startup, announced that it has raised Rs 84 crore fresh funding from Hero MotoCorp. The EV startup will utilise the funds to boost expansion. It has plans to expand into 20 cities by the end of next year and set up a new manufacturing plant in Hosur, in Tamil…
Satinder Singh Rekhi, the founder of the Rekhi Foundation for Happiness and Chairman and CEO of Rekhi Systems, Int Ltd, has joined the World Happiness Foundation to expand its impact and evolve the strategic positioning. The World Happiness Foundation is the most comprehensive global platform that hosts the leaders, institutions, and initiatives to realize a…
Qualcomm Incorporated announced that its Board of Directors appointed Jean-Pascal Tricoire, Chief Executive Officer, Schneider Electric SE, to the Board, effective immediately. In his new role, Tricoire will serve on the Governance Committee and his term as a member of the Board of Directors continues until Qualcomm’s annual meeting of stockholders in 2021. “We welcome…
UserTesting, a leading provider of on-demand human insights, announced the appointment of GB Kumar as the company’s first Asia Pacific regional Vice President of Sales. UserTesting has nearly 50 subscription customers in Asia Pacific with leading brands including Agoda, Canva, Destination NSW, Energy Australia, Meitu Inc., Photo Infotech Inc., and Yun Yun. These companies leverage…
American transportation technology company Virgin Hyperloop recently announced the appointment of Raja Narayanan as Chief Financial Officer. Raja will oversee all finance and business development functions for Virgin Hyperloop as the company drives hyperloop technology towards commercialization. “Raja has an unprecedented background in creating value in disruptive transportation opportunities and operationalizing large scale industrial projects,”…
Wipro Limited, a global information technology, consulting and business process services company, announced it has won the Application Innovation 2020 Microsoft Partner of the Year Award. The company was honoured among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. Commenting on the…