WeFast, a crowdsourced same-day delivery service operating globally, has announced that it has changed its name to Borzo to unite its businesses in 10 different countries under a single brand. As part of its growth strategy, the company also raised $35M in a Series C funding round. Its investors include Mubadala, VNV Global, RDIF, Flashpoint…
Wipro Limited, a global information technology, consulting and business process services company, has announced the launch of Wipro FullStride Cloud Services and its commitment to invest $1 billion in cloud technologies, capabilities, acquisitions and partnerships over the next three years. According to a statement, “As the cloud opportunity accelerates, Wipro FullStride Cloud Servicesbrings together the full portfolio of Wipro’s…
Velodyne Lidar, Inc. and MOV.AI have announced the companies are collaborating to provide robot manufacturers with enterprise-grade automation solutions, including mapping, navigation, obstacle avoidance and risk avoidance. “Adding MOV.AI and Velodyne technologies to TUGBOT.ai provided our robot with an off-the-shelf, high-accuracy navigation and localization solution for the high and dynamic environments where we are deploying…
Standard Industries Holdings, a privately-held global industrial company, has announced, in anticipation of the closing of its acquisition of W. R. Grace, that Bhavesh V. (Bob) Patel will join the company as CEO of Grace, effective January 2022. “We’re thrilled to welcome Bob to the Standard family as CEO of W. R. Grace,” said David…
Wipro Limited, a global information technology, consulting and business process services company, and HERE Technologies, the location data and technology platform, has announced that they are partnering to offer location-based services, to customers from Energy & Utilities, Manufacturing, Transport & Logistics, Telecom and Automotive industry verticals. As part of this announcement, Wipro and HERE will…
Max Life Insurance Company Ltd., has enabled a safe and secure E-mandate process on premium payments for its customers in partnership with BillDesk, a payment gateway solutions provider, according to a statement. Manu Lavanya, Director and Chief Operations Officer, Max Life said, “Customer Obsession remains a core value of Max Life. We have driven multiple…
The Nathan Cummings Foundation (NCF) has announced the appointment of Kavita Nandini Ramdas as its new president and CEO. Ramdas, who currently leads the Open Society Foundations’ Women’s Rights Program, will join NCF on October 4. She will succeed interim President and CEO Rey Ramsey, who will continue to serve on the board and support the foundation’s mission-aligned investing…
Rafay Systems, a platform for Kubernetes Operations, has announced a $25 million Series B funding round led by ForgePoint Capital, with participation from existing investors Ridge Ventures, Costanoa Ventures and Moment Ventures. Rafay will use this infusion of funds to continue hiring engineers and grow its sales, marketing and customer success teams. According to a…
Automotive financing startup OTO Capital has announced that it has secured $6 million in Matrix Partners India led Series A round. Speaking on the investment, Sumit Chhazed, Co-founder, OTO Capital, commented, “We are re-imagining the two-wheeler buying and ownership experience for millions of Indians. Customers can research, schedule test drives at home, avail innovative &…
Bengaluru-based social tech enterprise RubanBridge (1Bridge) has announced that it has secured $2.5 million in the latest funding round led by C4D Partners. The round saw participation from KAAJ Ventures, and angel investors including founding partner of Accel Partners – Prashanth Prakash, co-founder of Happiest Minds – Puneet Jetli, as well as PE/VC executive – Aradhana…
Udemy, a destination for learning and teaching online, has announced that it has acquired CorpU, an online leadership development platform that delivers cohort-based immersive learning experiences and access to experts. The acquisition deepens Udemy’s learning offerings with CorpU’s immersive experiences to deliver transformational learning that fosters innovation, leadership, and business agility, according to a statement.…
Toronto-based hypergrowth startup BenchSci has announced the appointment of Vanessa Ribreau as Chief People Officer, effective August 10, 2021. Ribreau will lead BenchSci’s response, including to design and champion BenchSci’s people strategies, processes, and programs. Ribreau brings more than ten years of experience growing, scaling, and optimizing global departments and aligning and leading HR teams.…
Emerson has appointed Elizabeth Adefioye as its first chief people officer. Adefioye, who previously served as chief human resources officer for Ingredion, will lead a newly consolidated human resources function, including accountability for culture, employee experience, end-to-end talent management, diversity, equity and inclusion, acquisition integration, organization development and effectiveness, total rewards and HRIS. She will…
Imperial Brands has announced two new appointments to its Executive Leadership Team, with effect from 1 September 2021. Kim Reed, the leader of Imperial’s US business ITG Brands, will join the ELT as President and CEO, USA Region, and Paola Pocci joins Imperial from Procter & Gamble (P&G) to take up the role of President,…
Financial services company based in Hong Kong Sun Life has promoted Helen P as Chief Human Resources Officer. “22 years ago, I landed in Canada with 4 suitcases. In a month I will be moving to Hong Kong with a few more. I am thrilled to share that I was appointed as Chief Human Resources…