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GiveIndia, a Bengaluru-based nonprofit online giving platform that enables individuals to donate conveniently to any cause, announced the appointment of Ashok Kumar E.R. as the president of the organization. In his new role, Ashok will be responsible for advancing the strategy and vision, scaling up the donor ecosystem, and spearheading the next phase of growth…
CareerArc, a global leader in social recruiting and outplacement technology, announced the acquisition of its outplacement arm by Gi Group, Italy’s largest multibillion-dollar, multinational human resources (HR) services company. Post acquisition, CareerArc Outplacement will be rebranded as Intoo USA and will join Gi Group’s portfolio of operations in more than 57 countries across Europe, Asia,…
Cloud tools automation application Esper recently announced that it has appointed former Samsung executive D.Vishranth as Director of Sales & Partnerships-APAC. Vishranth was previously General Manager & Head of Channels at Samsung Enterprise Mobility. He’s a recognized thought leader with over 22 years of experience spearheading enterprise Mobility and ICT initiatives at brands like Hewlett…
Liftit, a leading technology platform to automate and execute last-mile truck deliveries across Latin America, announced that it has raised $22.5 million Series B funding led by Cambridge Capital. The Company will utilise the capital infusion to enhance the company’s capabilities to automate the last-mile transportation and delivery of goods across Latin America and continue…
CARS24 Financial Services, the lending arm of Gurugram-based auto-tech-startup CARS24, announced that it has secured Rs 10 crore debt funding from Vivriti Capital. According to a survey conducted by CARS24, 41 percent of the consumer’s intention to purchase a private car post lockdown has increased. However, availability of easy financing options has been a challenge…
Dutch eyewear brand Ace & Tate recently announced that it has raised a financial investment of €14.25mn led by existing investor Rinkelberg Capital LTD. The recent investment brings the 7-year-old company’s total funding to €57.5 million. The funding allows Ace & Tate to invest in three critical areas of the business: retail expansion in new…
XM Cyber, an Israel-based leader in breach and attack simulation (BAS) advanced cyber risk analytics and cloud security posture management, announced that it has closed a $17 million Series B funding round with Macquarie Capital, Nasdaq Ventures, Our Innovation Fund, and Swarth Group. Till now, the company raised a total of $49 million. XM Cyber…
Groupe Renault and Google Cloud announced a new industrial and technology partnership to accelerate the digitization of Groupe Renault’s industrial system and of Industry 4.0 transformation. A recognized contributor to Industry 4.0, Groupe Renault has been developing its own digital platform since 2016 to connect and aggregate industrial data from 22 Group sites worldwide (representing…
Hitachi ABB Power Grids India announced that it has received an order worth Rs 120 crore to deliver transformers to the Government of India’s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), for the production of 400 passenger and freight locomotive engines. “Through the project, Hitachi ABB Power Grids continues to contribute to the country’s mission…
Online pharmacy 1mg Technologies has recently been awarded a $100,000 grant in recognition of the exceptional work being undertaken in addressing the immediate and long term challenges resulting from the effects of the global pandemic. Unreasonable Impact COVID-19 Response is a new initiative launched by Barclays and Unreasonable Group awarding $100,000 grants each to ten…
India’s only home-grown ‘premium managed office space’ provider Skootr, recently announced the launch of its revolutionary ‘Reverse Office’ model for enterprises looking at optimizing their current real estate portfolio. With the launch of this model, Skootr has become the first flexible workspace operator in India to offer a path-breaking solution in optimizing the occupied real…
Provider of intelligent payment solutions, Innoviti Payment Solutions recently announced the addition of former Britannia and Unilever senior executive, Neeraj Chandra, to its Board of Directors as an Independent Director. This position was created as a part of the structuring carried out during the recent fund raise from FMO and Bessemer. An alumnus of IIM…
Zomentum, a startup that builds sales solutions for managed services providers, announced that it has raised $4.1 million seed funding from Accel and SAIF Partners. The company will utilise the fund infusion to hire sales teams to service locations outside of North America, apart from investing in building its product and adding more tools to…
JetSynthesys, a Pune-based digital entertainment and technology company and part of the Navani family owned JetLine Group of Companies, announced that it has raised Rs 300 crore from existing shareholders to strengthen its gaming and digital entertainment offerings and interest-based social community platforms. Investors that took part in the funding round include Kris Gopalakrishnan, the…
Technology company Genesys recently announced that it has appointed technology sales veteran Marylou Maco as its new Executive Vice President of Global Sales and Field Operations. Maco takes the helm from Mark Turner who is leaving after nearly 20 years at Genesys, where he was instrumental in helping the company seize market leadership and establish…