Cipla Limited has announced that it’s subsidiary, Cipla Gulf FZ LCC is expanding its partnership with Alvotech for the marketing and distribution of four biosimilar medicines in Australia and New Zealand. As part of this strategic alliance, Cipla Gulf will be responsible for commercialization of patented biosimilars of the biologic medicine brands, Aflibercept (Eylea®️), Ustekimumab…
IBM has appointed Kathryn Guarini as Chief Information Officer. Prior to being named Chief Information Officer, Kathryn was the Chief Operating Officer (COO) of IBM Research and Vice President for Impact Science. As COO, she led the IBM Research transformation to increase impact, extend technical eminence, and improve the operational efficiency of the division. Chief…
Comcast Advertising, a division of Comcast, has appointed Pooja Midha as its chief growth officer, a new role within the organization. In this new position, Midha will oversee global marketing across Comcast Advertising, Effectv and FreeWheel, as well as Effectv’s newly launched sales development function. Midha and her team will build awareness for each company’s…
Songtradr, a B2B music licensing marketplace, has acquired Song Zu, the most awarded music and sound design company in the Australia and Asia Pacific region, with studios in Sydney and Singapore. This multi-million dollar transaction marks Songtradr’s second major acquisition since completion of their Series C funding round in July 2020 where the company raised…
All About Vision (AAV), online web portal for vision and eyecare information with more than three million worldwide visitors monthly, is expanding its content into the Hindi and English languages for the 1.4 billion people in India. All About Vision is committed to understanding the primary vision concerns of people in India and will be…
Temasek, an investment company headquartered in Singapore, has entered into a US$500 million strategic partnership with a global impact investment group LeapFrog Investments. The strategic partnership will take the form of a multi-fund investment by Temasek to anchor LeapFrog’s future funds. Temasek will also take a minority stake in LeapFrog and provide growth capital to…
De Beers Group has extended its global partnership with UN Women for a further five years. “Joining the newly-formed HeForShe Alliance, De Beers Group commits to increasing the representation of women in technical and leadership roles within its business, as it works towards achieving gender parity across its workforce by 2030 as part of its…
WeLab, a fintech company in Asia, has completed the initial close of Series C-1 funding, led by Allianz X for US$75 million. Allianz X is the digital investment unit of the Germany-based Allianz Group, an insurer and asset manager. Since inception in 2013, WeLab has raised more than US$600 million of strategic financing from investors.…
A fully integrated (farm to retail) food company, Wingreens Farms has acquired Raw Pressery, a cash-strapped cold-pressed juices startup. The startup was valued at Rs 100 crore, “marking a significant consolidation in the consumer brands sector”, as per a senior company official. “The existing investors in Raw Pressery have got a share swap and are…
ZTE, a telecom gear maker of China, has onboarded Li Jian Jun as new chief executive officer, India. He will replace Yan Xiao, who was responsible for the local operations. ZTE India Customer Support Center (CSC) has been a member of Indian telecom industry for more than 5 years. Today, ZTE has employed more than 2000…
The board of directors of the Federal Reserve Bank of New York has appointed Naureen Hassan first vice president and chief operating officer, effective March 15, 2021. The appointment was approved by the Board of Governors of the Federal Reserve System. As first vice president, Ms. Hassan will be the New York Fed’s second ranking…
Jungle Scout, an all-in-one platform for selling on Amazon, has raised $110 million in growth capital, led by Summit Partners and Jungle Scout Founder & CEO Greg Mercer. The capital supports Jungle Scout’s continued growth as the company expands its technology suite with the acquisition of Seattle-based Downstream Impact, an Amazon advertising tech company, extends…
GracoRoberts has entered into an agreement to acquire UK-based Silmid to forge aerospace-focused and specification-driven specialty chemicals distributor around the globe. The combination, including the December 2020 acquisition of Able Aerospace Adhesives, provides GracoRoberts with over 200 years of combined domestic and international aerospace expertise, most notably in the OEM, military and defense, and MRO…
Whatnot has raised $20M in Series A funding, led by Connie Chan, General Partner at Andreessen Horowitz, with participation from Y Combinator, Wonder Ventures, Operator Partners, Scribble Ventures, Steve Aoki and Chris Zarou. The company plans to use the funds to rapidly accelerate hiring, and expand into new categories like comic books, vintage video games…
MoA Technology Limited, the crop protection discovery company, has announced that Dr Virginia Corless has been appointed as CEO and will lead the company from March 2021. Dr. Corless, who trained at MIT and the University of Cambridge, is an experienced leader of cutting-edge enterprises that aim to make agriculture more efficient and sustainable. From a start in…