Vyond, the provider of animated video content creation for the enterprise, has raised $50M in growth capital to take advantage of the demand for its platform and further extend its position in market. “Growth at all costs has never been a page in our playbook”, noted Gary Lipkowitz, CEO. “Vyond has delivered a consistent track…
Earnest, a financial technology and education finance company, has announced the appointment of David Green as chief executive officer. Susan Ehrlich, CEO since 2018, has retired from the company to focus on board service. “It’s been an honor to work alongside so many talented and mission-driven people over the past three years. The achievements we’ve…
Netenrich, a Resolution Intelligence® company, has announced the appointment of Christopher Morales as Chief Information Security Office (CISO) and Head of Security Strategy to its leadership team. Morales will oversee the strategic development, implementation, and market execution of the company’s security solutions and processes. Morales brings to Netenrich over two decades of information security experience,…
Accelerator fund of Venture Catalysts – 9Unicorns has announced the third close of its accelerator fund at $40 million. “As a fund, we aim to back early-stage firms that have the potential to become billion-dollar companies in the future. We have made our third close much before our set target and are looking to make…
Fractal Analytics is planning to hire 1,000 software engineers and graduates. “We hired close to 600 in 2020-21, 250 of them from the campuses. We will add 1,000 more to our headcount in FY22, as we’ve set a revenue growth target of at least 37 per cent (Rs 1,370-1,400 crore) this fiscal. We closed FY21…
Global provider of digital services and SaaS products, Grazitti Interactive has announced a special one-time bonus for all its India employees who have spent a year in the organization as a token of appreciation for their work and commitment during the COVID-19 pandemic. The bonus, equivalent to an employees’ two-week pay, is independent of the…
Mindtree, a global technology services and digital transformation company, has announced its consolidated results for the fourth quarter ended March 31, 2021, as approved by its board of directors. “We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue growth of 5.2%, EBITDA of 21.9%,…
Cloudalize, provider of NVIDIA-powered cloud platform solutions has announced a strategic partnership with Boston Limited to provide an in-house private cloud offering: Private GPU Cloud. Powered by NVIDIA’s graphics-processing unit (GPU) technology, this deployment model delivers Cloudalize’s full-stack cloud to any data centre location of choice. “This partnership brings together the expertise of Boston Limited…
Siemens Healthineers AG has announced that it has successfully completed the acquisition of Varian Medical Systems, Inc.. The acquisition was previously announced on August 2, 2020. “With Varian, Siemens Healthineers has the most comprehensive portfolio in the MedTech sector, which offers the company considerable potential for value creation. With a highly integrated approach, Siemens Healthineers…
Tencent Music Entertainment Group, an online music entertainment platform in China, has announced the appointment of Mr. Cussion Kar Shun Pang as TME’s Executive Chairman of the Board of Directors. Mr. Zhu Liang has been appointed as the Company’s new Chief Executive Officer and a member of the Board. Prior to this appointment, Ross served…
Tata Consumer Products (TCP), the consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella, has announced the promotion of Puneet Das as the Company’s new President – Packaged Beverages, India & South Asia Puneet Das was earlier Senior Vice President- Marketing for the India beverages business. He…
ProMobi Technologies has announced that Scalefusion, its mobile device management solution has joined hands with VS One World, a value-added distributor for HP. With this partnership, VS One World will be a Distributor of Scalefusion MDM, where Scalefusion Mobile Device Management Solution will be integrated as a bundled solution to VS One World’s end customers.…
Flipkart, India’s homegrown e-commerce marketplace has announced the proposed acquisition of Cleartrip, an online travel technology company. Flipkart will acquire 100% of Cleartrip’s shareholding, as the company further enhances its investments to strengthen its digital commerce offerings for customers. Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart. Cleartrip will continue…
Omega Healthcare, a provider of outsourced revenue cycle management and other healthcare support services, has announced the addition of veteran healthcare information technology executive Gerry McCarthy to the company’s board of directors. McCarthy now serves as non-executive Chairman of the Board, working closely with Omega senior management to advance the company’s strategic growth plan. The…
DignifiHealth, a company that has integrated digital health technologies with its proprietary big-data intelligence platform, has raised $7 million in seed funding to scale delivery of its suite of healthcare products on a national scale. After years of program development and beta pilots, DignifiHealth was established in 2020 by Co-founders, Dr. Dino Beckett, Richard Queen,…