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Swiss-Swedish-based automation company ABB recently announced that it has appointed Theodor Swedjemark as the company’s Chief Communications Officer. Theodor will join the Executive Committee of ABB as of August 1, 2020. He has held the position on an interim basis since March 1, 2020. Swedish-national Theodor has been at ABB since 2006. He joined the…
Health insurtech company Sidecar Health has raised $20 million in its most recent funding round. The company intends to save the U.S.A $1tn in healthcare costs annually by empowering consumers to shop around for health services using its Visa payment card and mobile app. The round was led by Cathay Innovation and joined by new…
Cipla Limited announced that it has been granted regulatory approval by the Drug Controller General of India (DCGI) for the launch of Favipiravir in the country under the brand name Ciplenza. The accelerated approval for manufacturing and marketing of the drug is aimed at meeting the urgent and unmet medical need for COVID-19 treatment options…
Cold-pressed beverages maker Vive Organic recently announced the closing of a $13mn Series B funding round led by Monogram Capital with participation by Cambridge SPG and Powerplant Ventures. Vive provides customers with cold-pressed wellness shots that are formulated with a focus on boosting the immune system. The brand has seen explosive growth since inception in…
Cloud contact center for enterprises Talkdesk recently announced $143mn in Series C funding from a combination of new and existing investors. The company said that the amount raised, and the company’s valuation of more than $3 billion, reflects both investor confidence in Talkdesk’s business and the strategic role that superior customer experience plays among top…
itopia, a leading cloud-native automation and orchestration solution for Google Cloud Platform, announced its expansion to India and the broader APAC region by hiring Harshal Pendse as Vice President and Country Manager of India. In his new role, Pendse will manage itopia’s business operations in the enterprise, mid-market, and SMB segments, overseeing professional services, technical…
MSCI Inc. and Microsoft Corp announced that they have formed a strategic alliance to accelerate innovation among the global investment industry. By bringing together the power of Microsoft’s cloud and AI technologies with MSCI’s global reach through its portfolio of investment decision support tools, the companies will unlock new innovations for the industry and enhance…
Dunkin’ Brands Group, the parent company of Dunkin’ and Baskin-Robbins, announced that Philip Auerbach will join the company in the newly created role of Chief Digital and Strategy Officer, effective August 10, 2020. In his new role, Auerbach will oversee a new Dunkin’ U.S. digital engagement team that includes consumer and business insights, digital marketing,…
Viasat, a global communications company, announced the closing of a $175 million common stock investment from affiliates of Intercorp, and affiliates of The Baupost Group, L.L.C, Viasat’s largest shareholder. Viasat will utilise the current investment for general corporate purposes, which may include financing costs related to the purchase, launch and operation of satellites, potential acquisitions,…
Autodesk, Inc announced it has signed a definitive agreement to acquire Pype, a provider of cloud-based solutions for automating construction project management workflows. The acquisition will empower general contractors, subcontractors and owners to gain even more value from Autodesk Construction Cloud by automating critical construction workflows such as submittals and closeouts to increase productivity and…
Corteva Agriscience, a global agriculture company, announced the appointment of Rahoul Sawani as Managing Director, South Asia. In his new role, Sawani will take over the leadership of the South Asia commercial unit from Dr KV Subbarao, who will relocate to Johannesburg, South Africa to assume a new leadership position as President, Africa and Middle…
Entri Software, a vernacular language learning platform for India which owns and operates local languages-focused job learning app Entri, announced that it has raised an additional $1.7 million in funding led by Good Capital. The latest fund infusion is an addition to the $1.4 million the company raised in February this year, and which was…
Infosys, the global leader in next-generation digital services and consulting announced its #1 ranking in the HFS Top 10 Agile Software Development 2020 report. In the research, Infosys is positioned as an agile delivery heavyweight and an execution powerhouse supported by a well-stocked talent pool leading the charge in the competitive agile development services market. …
GAIL (India) Limited and Carbon Clean Solutions Limited (CCSL) announced that they have signed a Memorandum of Understanding (MoU) for exploring project development opportunities in Compressed Biogas (CBG) value chain in India. According to the GAIL press statement, the MoU aims at building a closer strategic partnership between the two companies by jointly working on…
Wipro Limited, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire 4C, one of the largest Salesforce partners in the UK, Europe and the Middle East. Established in 1997 with its headquarters in Mechelen, Belgium, 4C is an independent Salesforce Platinum Partner and one…