Category: Corporate

Creation of Ardonagh Global Partners Following acquisition of AccuRisk Solutions LLC

The Ardonagh Group (‘Ardonagh’ or the ‘Group’), has announced the launch of Ardonagh Global Partners (“AGP”) and its first acquisition in the United States. AGP’s strategy is to invest in platforms operating in attractive markets and product verticals outside of the UK and Europe and will sit within Ardonagh’s new International platform. AGP will be led by Des…

Network18 Group selects Grabyo to shift digital news production to the cloud

Network18 Group, a multimedia conglomerate based in India, has adopted innovative cloud-based solutions and workflows for its content production and distribution. In line with the Cloud philosophy, its digital video production process has shifted to the cloud and on this they are partnering with Grabyo. Network18’s digital news teams use Grabyo’s platform to clip, edit…

Tech Mahindra to Launch ‘Stablecoin-as-a-Service’ Blockchain Solution with Quantoz

Tech Mahindra Ltd., a provider of digital transformation, consulting, and business reengineering services and solutions, and Quantoz, Netherlands-based innovative Blockchain technology application incubator, specialized in building and implementing Blockchain-based solutions, to launch ‘Stablecoin-As-A-Service’ blockchain solution for global banks and financial institutions. This collaboration is in consideration of the OCC (Office of the Comptroller of Currency)…

Impetus announces early appraisals for employees as a token of thanks

Impetus Technologies has announced early appraisals for its India based employees. “This decision honors employees’ extraordinary performance during the pandemic, which enabled the organization to enter the growth phase on a solid footing. With this endeavor, the company lives up to its reputation of rewarding its employees for their hardwork and commitment throughout the past…

Trujet Garners 49% FDI to Expand its Operations

Operator in UDAN routes, Trujet, garnered 49 per cent Foreign Direct Investment (FDI) to expand its operations. New York-based INTERUPS Inc. came forward to take a 49 per cent stake in Turbo Megha Airways Pvt Ltd, which owns and operates under the name Trujet. Speaking on this occasion, Mr K.V. Pradeep, Group Director, MEIL and…

Avianca appoints CellPoint Digital for payment orchestration project

Avianca, a commercial airline, has partnered with CellPoint Digital to improve customer experience when purchasing services and optimising payments across their entire global operation. This payment orchestration project is one of the most ambitious undertaken by an airline to date and will also address the specific complexities of payment in Latin America, according to a…

Max Life Insurance Selects Four Startups for InsurTech Collaboration

Max Life Insurance has selected four startups for InsurTech collaboration under its flagship ‘Max Life Innovation Labs 2.0’ Accelerator Program. Through a virtual ‘Pitch Day’, organized on March 10 and 12, these four startups were selected from over 210 applicants. These shortlisted startups interacted with Max Life over the last two months to build tech-based…

Wakefit.co partners with Cashfree to offer instant refunds and online payment options to customers

Bengaluru-based payments and banking technology company, Cashfree, has announced its collaboration with D2C sleep and home solutions startup, Wakefit.co, to enable seamless payment options and instant refunds for customers. Commenting on the move, Parasar Sarma, VP – Growth, Wakefit.co, said, “Wakefit.co has always endeavored to create high-quality and affordable sleep and home solutions that are…

Enate and Tech Mahindra announce key strategic partnership

Enate, a UK based Robotic Process Orchestration solutions solutions company, has announced a strategic partnership with Tech Mahindra, a provider of digital transformation, consulting, and business re-engineering services and solutions. Together, Enate and Tech Mahindra aims to help global enterprises scale up their automation journey efficiently through Enate’s proprietary Robotic Process Orchestration (RPO) technology. Founded…

HCL plans to hire 2,000 employees in Canada in the next three years

HCL Technologies Ltd (HCL), a global technology company, has announced the opening of its Innovation center focused on digital acceleration in Mississauga, Ontario. From this newest Global Delivery center (GDC), HCL will deliver technology solutions to its global client base to help accelerate their digital transformation journeys. HCL will provide next-gen services including digital and…

McCain Foods Partners with WNS for F&A Transformation

WNS Limited, a provider of global Business Process Management (BPM) solutions, has partnered with McCain Foods, a provider of planet-friendly food, to transform and manage its Finance & Accounting (F&A) function. “In the midst of the COVID-19 pandemic, McCain Foods made the strategic business decision to transition their F&A processes from their incumbent service provider…

WhiteHat Jr partners EnduroSat to offer students learning opportunities

WhiteHat Jr, an EdTech company known for delivering 1:1 live online classes in Coding & Math, has entered into a multi-year partnership with EnduroSat, a space company. “The contract entails a satellite launch in December 2021, which will have a payload dedicated to WhiteHat Jr that provides its students with learning opportunities related to space.…

Successive Technologies and Strapi Announces Strategic Partnership

Successive Technologies, a next-gen (CMMI Level-3) technology consulting and services company headquartered in India, has announced a comprehensive technology and go-to-market strategic partnership with Strapi. As a strategic partner, both the companies will unlock critical value from their digital transformation initiatives and expand their business solutions, a statement informed. “With more than 34 K stars,…

KFC India plans to hire 100% more women employees by 2024

KFC, a fast food chain based in US, is planning to double women employees count at restaurants to 5,000 in 3-4 years as part of its diversity and inclusion initiatives. The company is also aiming to increase the ratio of women workforce from 30 percent to 40 percent by the year 2024 as part of…

Goldman Sachs asks staff to Work-From-Home as Covid cases rise

American financial services firm – Goldman Sachs has asked its critical staff in Bengaluru to go back to working from home as the city witnessed a rise in coronavirus cases.  “This hasn’t come as a surprise given how coronavirus cases have been rising in the city, specifically in the area where the office is located.…