SolarWinds Corporation, a provider of powerful and IT management software, and its Board of Directors have named Sudhakar Ramakrishna as the company’s new President and Chief Executive Officer and a member of the Board of Directors, each to become effective on January 4, 2021. “Following an extensive and thorough search, we are delighted to welcome…
Tredence Inc., an analytics services and solutions company, has raised $30 million in fresh funding round for a minority stake from Chicago Pacific Founders. With this, the valuation of the Bengaluru and Bay Area startup stands at $100 million. The big data analytics firm will utilise the funds raised to expand into new markets across…
Contractbook, a legal tech automation company based in Copenhagen, announced that it has raised a $9.4 million Series A investment round led by Bessemer Venture Partners. Existing investor Gradient Ventures also participated in the Series A round. Earlier, Gradient Ventures, which is Google’s AI-focused venture fund, led the company’s €3.5 million seed round. The new…
GAM Investments has appointed Stephanie Maier as Global Head of Sustainable and Impact Investment. Stephanie will report directly to Group Chief Executive Officer Peter Sanderson and will be a member of the Senior Leadership Team. She will join the firm on 4 January. In this newly created global role, Stephanie will be responsible for leading…
Carl Pei, OnePlus co-founder, has raised $7 million in seed financing to start his new startup. The audio startup is set to be unveiled sometime early next year. The fresh round was led by iPod inventor Tony Fadell, YouTuber Casey Neistat, Kevin Lin – Twitch co-founder, and also saw participation from Reddit CEO Steve Huffman,…
E-commerce enabler firm Ace Turtle is set to get Kontoor’s Lee and Wrangler brand rights, according to reports. A spokesperson of Kontoor Brands said – “To adapt to a market that is increasingly online and, as part of a strategy to ensure maximum reach and access to customers across India, our much-loved brands, Lee and…
The WHO Foundation has appointed Anil Soni, an Indian origin health expert, as its first Chief Executive Officer (CEO). He will assume office from January 1, 2021.
Duff & Phelps, provider of governance, risk and transparency solutions, has announced the acquisition of Blackrock Expert Services Group, an expert advisory specialist firm of construction, technology, accounting and financial services professionals. Blackrock Expert Services Group will join Duff & Phelps’ Disputes Consulting practice. Giles Derry, CEO of the London-headquartered firm, will join the Disputes Consulting leadership…
Amazon Web Services (AWS) and the BMW Group announced a comprehensive strategic collaboration. The companies will jointly develop cloud-based IT and software solutions that increase efficiency, performance, and sustainability across all company processes, from vehicle development to after-sales services, according to the statement. “The BMW Group is driving digitalization and innovation in the automotive industry,”…
Novotech Health Holdings, the contract research organization (CRO) in Asia, named Anand Tharmaratnam as Chairman of the Board commencing 1 April 2021. Dr Tharmaratnam brings over 23 years experience in global drug development and the CRO industry. He was previously President Asia Pacific at IQVIA, a global provider of advanced analytics, technology solutions and clinical research services. Joel Thickins,…
Aurora has announced the acquisition of Uber’s self-driving unit, Advanced Technologies Group, to accelerate the development of the Aurora Driver. “By adding the people and technology of Uber’s Advanced Technologies Group to the incredible group we’ve already assembled at Aurora, we’re shifting the landscape of the automated vehicle space,” said Chris Urmson, co-founder and CEO…
Singapore Airlines and Vistara, a joint venture between Tata Sons Private Limited have signed a Commercial Cooperation Framework Agreement. This agreement will further strengthen SIA’s and Vistara’s existing partnership and enable them to offer services to their customers by harmonizing efforts in capacity planning, sales, marketing, joint fare products, customer services and operations. The agreement,…
ProLabs, the independent supplier of fibre optic transceivers and high-speed cabling is expanding its European & India operations as a result of new business across UK, Germany, France, and India. According to the statement by the company, the business has grown by over 100% year on year. Due to this, it has increased its manufacturing…
FreshToHome, has announced that it would receive incentives both financial and non-financial, from the Abu Dhabi Investment Office (ADIO). With the incentives received, the Bengaluru-based firm would increase its farming, supply chain and processing capabilities in desert agriculture and aquaculture in the UAE capital. ADIO’s partnership will aid the expansion of it’s land and sea…
Blum, manufacturer of furniture fittings from Austria, has announced the appointment of Nadeem Patni as the Managing Director of Blum India. In his new role, Nadeem will be managing business operations for Blum across South Asia including India, Nepal, Bhutan, Sri Lanka, and Bangladesh. He comes with over 16 years of professional experience who joined…