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Afresh Technologies, the first artificial intelligence-powered fresh food optimization platform for grocers, announced a new $12 million Series A follow-on round of funding led by returning investor Innovation Endeavors. Other investors that took part in the funding round include Food Retail Ventures, Maersk Growth, Impact Engine, and existing investor Baseline Ventures. This new funding will…
Fairstead, a fully-integrated real estate firm committed to affordable housing, announced the appointment of Gladys Chen as its first Chief People Officer (CPO). As Fairstead’s new CPO, Chen will provide strategic and operational Human Resources leadership for the firm, drive initiatives that support the company’s strategic objectives regarding corporate culture and values, and collaborate with…
IGEL, provider of the next-gen edge OS for cloud workspaces, announced the appointment of Balaji Subramanian as Senior Vice President of Channel Sales and Global Channel Chief. The award-winning and progressive channel sales leader joins IGEL from ServiceMax, where he served as Vice President, Global Alliances and Channel Sales, the Company said in its press…
eBay Inc. and Adevinta ASA announced that they entered into a definitive agreement for eBay to transfer its Classifieds business to Adevinta for a total consideration valued at approximately $9.2 billion, based on the closing trading price of Adevinta shares on the Oslo Stock Exchange on July 17, 2020. As part of the transaction, eBay…
Daxko, the health and fitness industry’s leading software and integrated payments provider, announced the promotion of Concetta Lewis to Vice President of People Development. “Lewis has played a vital role in Daxko’s growth, culture, and team member development for more than a decade. She is the newest member of the Senior Leadership Team and reports…
Intellicus Technologies, a leading provider of business intelligence and analytics solutions and Modus Information Systems, a pioneer in IT services to banks, announced that they have come together to launch a powerful core banking analytics solution. The solution branded as ModusBI, is built on Intellicus business intelligence platform. The solution plugs into the core banking…
dunnhumby, the global leader in customer data science, announced a significant expansion to its India leadership team with the appointment of three industry veterans. The company appointed Dipti Bhatia as Finance Director, Sourabh Sharma as Director of Media Products, and Sai Prakash Dilipkumar as Director of Technology and Operations. “When the lockdown was announced, overnight…
Ecoppia, the world leader in robotic solutions for photovoltaic solar, announced a $40 million strategic investment in the company by CIM Group. CIM is an experienced and prominent US-based real assets owner, operator, lender, and developer with more than $60 billion in infrastructure and real estate projects delivered over its 25-plus year history. CIM’s is…
Hero MotoCorp announced that it has initiated a process to further strengthen its Leadership Team. Rajat Bhargava will assume the newly created role of Chief of Staff in the office of Chairman and CEO Dr. Pawan Munjal. Prior to this role, Rajat has been heading Strategy, Global Business and Emerging Mobility Business Unit (EMBU). The…
Equirus Capital, an investment banking firm, announced the appointment of Bhavesh Shah as Managing Director. Bhavesh has earlier spent over 2 decades at JM Financial group. In his new role, Bhavesh will spearhead transactions in the Consumer and Healthcare space. Bhavesh was previously CEO at Avener Capital. As Managing Director, Investment Banking at JM Financial,…
StyleDotMe, a Gurugram-based fashion tech startup, announced that it has raised Rs 3.5 crore Pre-Series A funding led by Survam Partners. Other investors that took part in the funding round include Bobby Kothari, Director, Jewelex India as a strategic investor, and existing investor IAN (Indian Angel Network). Commenting on the development, Meghna Saraogi, Co-founder and…
MPowered, a Gurugram-based asset management firm, announced that it has raised a $21 million pre-series A funding round led by a group of US-based HNIs investors. The round is led by serial entrepreneurs Ashok and Shelly Nichani. The funding will be used by the firm to invest in real estate verticals such as warehousing, residential…
Wipro Limited, a leading global information technology, consulting and business process services company, announced a partnership with ComplianceQuest to develop transformative quality management solutions for the medical devices and life sciences industries. ComplianceQuest, makers of 100% modern cloud Enterprise Quality (EQMS) and Safety Management (HSE) System natively built and run on the Salesforce platform is…
Zuper, a platform for intelligent workforce management, announced its integration with Zendesk Inc. This integration will enable organizations to better align their customer support and field service teams to provide the best possible customer experience. Zuper is already working with thousands of customers worldwide and has handled over Two million work orders, the Company said…
Infosys, the global leader in next generation digital services and consulting, announced a strategic long term partnership with LANXESS, a leading specialty chemicals company manufacturing chemical intermediates, additives, specialty chemicals headquartered in Germany. Infosys will support LANXESS in its IT Infrastructure Digitization strategy and enable its global workforce spread across 33 countries with a secure…