Krypt has announced the appointment Kai Seela to the team as Vice President of Global Trade. As an international leader in SAP GTS, Kai will lead the Global Trade Practice at Krypt. “We are delighted to have Kai Seela join us after working with him at SAP for many years. His extensive experience and knowledge…
Category: Global
Dixa, the Next-Gen CX Platform, Raises $105M Series C
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•European company Dixa has announced a Series C funding round totaling $105M. The Series C round is led by General Atlantic, a global growth equity investor with participation from existing investors Notion Capital Project A and Seed Capital. Dixa will leverage the new funds to invest in product development, including potential new acquisitions, and plans…
Uber names Ameya Velankar as head of marketing for India, South Asia
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•Uber has announced that it has named Ameya Velankar as head of marketing for India, South Asia. Prior to Uber, he was responsible for leading SC Johnson’s category marketing and was Marico’s group product head. Speaking on the announcement, Prabhjeet Singh, president, Uber India South Asia, commented, “We are delighted as Ameya takes on his…
Prest Loans and U GRO Capital join hands to solve the MSME Credit Gap
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•Delhi based, MSME focused, digital lender Prest Loans has signed up a strategic alliance agreement with Mumbai based U GRO Capital, a BSE listed technology enabled NBFC, to provide secured business loans to Micro SME business units. Under this arrangement Prest Loans shall offer U GRO Capital’s ‘GRO Micro’ product to its small businesses and…
Kasisto Announces Series C Funding to Fuel Rapid Growth
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•Kasisto, creators of KAI, a digital experience platform for the financial services industry, has announced the close of its $15.5 million Series C funding round. The round was co-led by new investors Naples Technology Vendors (NTV) and NCR Corporation with continued participation from Kasisto’s current investors, bringing the company’s total funding to date to $67…
Fitness tech startup Insane AI secures $873K seed round
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•Fitness tech startup Insane AI has said that it has secured $873K in the pi Ventures led seed round. LetsVenture, Founder and CEO of People Group – Anupam Mittal, Sameer Pitalwalla, SportzVillage founder Saumil Majumdar, CEO of GhostKitchens – Karan Tanna, and Arjun Jain – Faculty at IISc also participated in the founding round. According…
CBRE to acquire majority interest in and form strategic partnership with Turner & Townsend
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•CBRE Group, Inc. and Turner & Townsend Holdings Limited have announced a definitive agreement whereby CBRE will acquire a 60% ownership interest in, and enter into a strategic partnership with Turner & Townsend, a United Kingdom-based program, project and cost management platform. CBRE will acquire a 60% stake for approximately £960 million ($1.3 billion) in…
Nium Raises US$200+ Million Series D
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•Nium, a global B2B payments platform, has announced that it has raised a US$200+ million Series D round led by Riverwood Capital – a U.S.-based high-growth tech investor. Temasek, Visa, Vertex Ventures, Atinum Group of Funds, Beacon Venture Capital, Rocket Capital Investment, and other angel investors, including DoorDash executive, Gokul Rajaram; Chief Product Officer at…
Novelis Announces $7 million Expansion, 37 New Jobs in Terre Haute
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•Novelis Inc. has announced that it is investing more than $7 million to hire 37 new employees and restart several pieces of idled equipment at its manufacturing facility in Terre Haute, Indiana. Novelis is actively seeking qualified candidates for available positions that include operators, mechanics, electricians, engineers and other operational leadership roles. “Novelis has been…
Jay Parikh, Former Facebook VP, Head of Engineering and Infrastructure, Joins Lacework as Co-CEO
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•Lacework, the security company for the cloud, has announced the appointment of Jay Parikh as Co-CEO. Parikh joined Lacework as an advisor in May following his tenure at Facebook as VP, Head of Engineering and Infrastructure, where he led a global team of tens of thousands of employees who built and scaled its software and…
OMD India onboards Mindshare’s Udhayakumar Pasupathi as new lead at the company’s Chennai office
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•OMD India, a media agency network, has announced that it has onboarded Udhayakumar Pasupathi as its GM and Branch Head at Chennai office. He will report to chief client officer at OMD India- Sulina Menon. Speaking on the announcement, Menon commented, “We’re extremely pleased to have someone like Udhaya, with his experience and expertise, join…
Purple Quarter assists Ally.io with SVP Engineering & Site Leader appointment
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•Tech Head search firm, Purple Quarter has announced the key tech leadership closure for Seattle-headquartered Ally.io. Ally.io exclusively partnered with Purple Quarter to further their search for the Senior Vice President of Engineering & Site Leader. Jaisimha Muthegere took over the India-based role based on July 12. Jaisimha will be responsible for leading the goal management and business…
ABSYZ Partners With Low-Code Platform Mendix
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•ABSYZ Software Consulting Pvt Ltd. has announced that the company has partnered with Mendix, a low-code application development platform that allows one to go live sooner. This partnership will enable ABSYZ to accelerate digital transformation and significantly reduce time to value for its customers, according to a statement. The Mendix platform is governed by the…
VDO.AI appoints former FreeWheel Executive Sean Black as the Head of North America
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•VDO.AI – the global advertising technology company, has recently appointed Sean Black as the Head of North America. Sean will be in charge of improving the revenue growth by serving publishers and brands in leveraging video content. Additionally, he will be responsible for focusing on the overall business growth strategically. Sean brings a unique and…
BlueCross BlueShield of Tennessee appoints Roy Vaughn as SVP & CHRO
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•Insurance company based in the US BlueCross BlueShield of Tennessee has appointed Roy Vaughn as Senior Vice President and Chief Human Resources Officer. In this new position, Roy will be responsible for the human resources division and the properties and corporate services division of the company, along with employee engagement and corporate culture. “We’re pleased to…