Category: Global

Credit Suisse Group AG announces two internal appointments to the Executive Board

Credit Suisse Group AG has announced two internal appointments to the Executive Board of Credit Suisse Group. Christine Graeff is appointed Global Head of Human Resources. She succeeds Antoinette Poschung who is retiring by the end of January 2022, entitled to her statutory retirement. Christine has been Global Head of Communications and Deputy Global Head…

Kuvera Partners with Amazon Pay India

Investment platform Kuvera.in partners with Amazon Pay India. Kuvera will provide its services, products and technology know how to create an exclusive experience for Amazon Pay’s users to facilitate investments into Mutual Funds, Fixed Deposits, and more over time, according to a statement. Commenting on the association Gaurav Rastogi, Founder & CEO, Kuvera.in said, “We…

Adobe appoints Prativa Mohapatra as Vice President & Managing Director of India Business

Adobe has announced the appointment of Prativa Mohapatra as Vice President and Managing Director for Adobe India. In this role, Prativa will lead Adobe’s India business across Adobe Experience Cloud, Adobe Creative Cloud and Adobe Document Cloud, reporting to Simon Tate, Adobe’s President for Asia Pacific (APAC). Simon Tate, President, Adobe APAC said, “Digital has…

SolRazr raises 1.5M in seed funding

SolRazr has recently closed a $1.5 million seed round from Moonrock Capital, Ascensive Assets, and Morningstar Ventures. Several notable funds including Genesis Block Ventures, Divergence, Genblock Capital, CMS Holdings, PANONY and Skynet Trading participated in the round, while angel investors such as Sam Kazemian from Frax Finance, Leo Cheng from CREAM, Santiago R Santos and…

Staffing platform Gigforce secures $3M in pre-Series A round

Staffing platform Gigforce has announced that it has secured $3 million in Endiya Partners led pre-Series A round. The round also saw participation from Unitus Ventures, among others. Speaking on the announcement, Chirag Mittal, Co-founder and CEO, Gigforce, commented, “The market is underserved today because of the lack of suitable technology to manage scale. India’s…

Josh Collaborates with Mzaalo to Enhance Content Engagement for its Users

India’s growing short-video creator app, Josh, has announced an exclusive partnership with Mzaalo, which is a blockchain-based online video streaming app in gamified entertainment. Josh is an Indian short-video app to have tied up with Mzaalo, and the partnership will last for a year. With this deal, Josh’s 115 million monthly active users will be…

Loconav names Samit Srivastava as CEO – SaaS Global & Chief Business Officer

Disruptive full-stack fleet-tech startup Loconav has announced that Samit Srivastava has been named as the CEO – SaaS Global & Chief Business Officer. The announcement also informed that Ashish Chawla has been appointed as the Head of Strategy. Speaking on the announcement, Shridhar Gupta, Co-Founder, LocoNav, commented, “We are at an exciting juncture in our journey. As…

KFin Technologies appoints Kiran Aidhi as Chief People Officer

KFin Technologies has announced the appointment of Kiran Aidhi as its Chief People Officer. A statement informed, “Aidhi comes with 25 years of working experience leading the human resources strategy and execution. In the past, she has been associated with firms like Accenture, Convergys, Hutchison 3 Global Services (now known as Tech Mahindra Business Services),…

Adecco Group raises EUR 232 million through capital increase

Adecco Group AG has announced that it has raised approximately EUR 232.29 million through the placement of 5,100,000 New Shares at a price of CHF 49.60 per New Share. Coram Williams, CFO of Adecco Group, said, “Today is an important milestone in the process to acquire AKKA Technologies and another step in executing on our strategy. With the successful…

D2C tea platform Vahdam raises Rs 174 Cr from IIFL AMC, others

D2C tea platform, based in Delhi, VAHDAM India, has announced that it has raised Rs 174 crore in Series D funding round led by the private equity fund of IIFL AMC. The round also saw participation from existing investors such as Sixth Sense Ventures and Kris Gopalakrishnan’s family office. “The pandemic has accelerated our growth,…

Starcom names Rachana Shah Monteiro as Senior Vice President

Starcom India has named Rachana Shah Monteiro as its Senior Vice President. In this role, she will lead and strengthen the client relationships and will be responsible for the growth of business for the west office. Speaking on the announcement, Niti Kumar, chief operating officer, Starcom India, commented, “I am really excited to welcome Rachana into the…

Igor Manceau Named Ubisoft’s Chief Creative Officer

Ubisoft has appointed Igor Manceau as its new Chief Creative Officer (CCO). Manceau will report to Ubisoft CEO and Co-Founder Yves Guillemot and will serve as a member of Ubisoft’s Executive Committee. As CCO, Manceau will be responsible for defining and nurturing Ubisoft’s overall creative vision, and for guiding the creative direction of its games.…

SunTec Business Solutions bolsters core leadership team; appoints Michael Yesudas as CTO

SunTec Business Solutions, a relationship-based pricing and billing company, has announced the appointment of Michael (Mike) Yesudas as Chief Technology Officer. Mike will be part of the company’s leadership team and will be based out of the USA. He will drive and head the technology and engineering functions, including platform engineering, product engineering, and release…

TRADE X Announces Acquisition of Automotive Export Company Techlantic Ltd.

Trade X Group of Companies Inc., a global B2B cross-border automotive trading platform, has announced that it has signed a definitive agreement acquiring Techlantic Ltd., an Ontario-based automotive trading, redistribution, and financing company, for undisclosed terms. “As international automotive trade and finance specialists, we are thrilled to join TRADE X. We are confident that, through…

Drone delivery start-up TechEagle raises USD 500K in a seed round led by India Accelerator

TechEagle, a drone delivery start-up, has raised USD 500,000 in a seed round led by India Accelerator, with participation from Vinners Group, Sitics Logistics and other marquee angel investors. TechEagle is deep tech (drone, AI) company that is currently based out of Gurgaon, and building the end-to-end technology solution for enabling a drone logistics airline…