Sports company PUMA has appointed Richard Teyssier as General Manager Europe, effective September 1, 2021. In this role, Richard succeeds Arne Freundt, who was appointed as PUMA’s Chief Commercial Officer in June. Richard will oversee the Areas Central Europe, France, UK & Ireland, Southern Europe, Nordics and Retail Europe. Richard will report into Arne Freundt…
Category: Global
AXA IM appoints Frédéric Clément as Global Head of Human Resources
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•AXA Investment Managers (AXA IM) has announced the appointment of Frédéric Clément as Global Head of Human Resources replacing Amélie Watelet who becomes Human Resources Director of AXA France. Frédéric Clément will report to Godefroy de Colombe, Global Chief Operating Officer, and join the Management Board. He will be based in Paris. These changes will…
Seafood marketplace Captain Fresh secures $12M in Series A round
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•B2B seafood marketplace Captain Fresh has announced that it has secured $12 million in Accel Partners led Series A funding round. The round also saw participation from existing investor Matrix Partners India along with Incubate Fund and Ankur Capital. Angel investors including Asish Mohapatra and Ruchi Kalra, Jitendra Gupta, Souvik Sengupta, Revant Bhate, Rajesh Yabaji,…
LearnWorlds Announces $32M in Growth Funding from Insight Partners
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•Cloud-based, no-code, white-label, all-in-one platform LearnWorlds has announced that it has secured a $32 million minority investment by global venture capital and private equity firm Insight Partners. The platform plans to use the funding to scale up across a variety of different areas, mainly by advancing its product roadmap and boosting its customer success efforts along…
Logistics firm Delhivery lands $100 million from FedEx
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•FedEx Express, a subsidiary of FedEx Corp. and an express transportation company, and Delhivery, a logistics and supply chain services company in India, have announced that FedEx Express India and Delhivery have entered into equity and commercial agreements that will utilize their combined strengths to unlock India’s international trade potential. Completion of this transaction is…
Rossari Biotech to acquire Tristar Intermediates for ₹120 crore
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•Rossari Biotech Limited, a SpecialityChemicals manufacturer providing intelligent and sustainable solutions for customers across industries, has announced that its Board of Directors has approved the acquisition of Tristar Intermediates Pvt. Ltd. As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity share capital of Tristar Intermediates. 76%…
Lenskart raises $220 million at $2.5 billion valuation
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•Omni-channel D2C eyewear brand Lenskart has announced that it has raised $220 million in the latest funding round co-led by Temasek Holdings, a Singapore-based sovereign wealth fund and Falcon Edge Capital. With this round, the eyewear brand is now valued at $2.5 billion. Speaking on the announcement, Founder Peyush Bansal said, “Every vertical from apparel to footwear,…
Sudarshan Venu Led TVS Motor Company to Invest INR 1,000 Crore in Electric Vehicles
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•India’s two-wheeler maker, TVS Motor Company, has announced that it plans to invest Rs 1,000 crore to manufacture electric vehicles. Sudarshan Venu, the company’s joint Managing Director, said that the proposed EVs will fall under an independent vertical. “Mr Venu, a TVS Group prodigy, paves the way for the next generation of leaders. As the…
Healthtech platform Eka.Care raises $4.5 million
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•Bengaluru headquartered healthtech platform Eka.Care has said that it has raised $4.5 million from angel and early-stage investors. The funding round saw participation from Eximius Ventures, 3one4Capital, and Speciale Invest. Angel investors including Rajesh Magow, Co-founder of MakeMyTrip; Founder of MakeMyTrip – Deep Kalra; INDMoney founder Ashish Kashyap; Cred founder Kunal Shah; Abhishek Begerhotta, Founder…
MARS Petcare names Yojana Gawade as Director – Personnel and Organisation for India
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•MARS Petcare has announced that it has appointed Yojana Gawade as Director – Personnel and Organisation for India. According to a statement, “Gawade brings over 14 years of experience spanning business partnering and center-of-excellence verticals in the people function. She has worked at global companies, last at Mondelez India Foods as the Capability Lead for…
GlobalBees secures $150M in Series A funding
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•Investment venture, based in New Delhi, GlobalBees has announced that it has secured $150 million in FirstCry led Series A funding round. The round saw participation from its existing investors and Lightspeed Venture Partners. The announcement also informed that SoftBank’s Vikas Agnihotri, Harsha Kumar from Lightspeed, Atul Gupta of Premji Invest, Kshitij Sheth of Chrys Capital, and Sudhir Sethi of Chiratae Ventures will join the company’s board. Speaking on…
IDEMIA appoints Dominique Cerutti as Group Board Member
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•IDEMIA Group has announced the appointment of Dominique Cerutti as Group Board Member, effective July 1st 2021. Dominique Cerutti comes with over 35 years of experience in Technology, R&D and Engineering services. He has held several CEO positions of technology companies. “Dominique is a very seasoned leader with a demonstrated track record in transforming and…
Selling Simplified Appoints Thomas Koletas as Chief Growth Officer
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•Selling Simplified Group, Inc., a global provider of intelligent B2B demand gen, has announced the appointment of Thomas Koletas as Chief Growth Officer. Koletas brings more than 20 years of experience aligning sales, marketing, customer success, and product teams in both SaaS and MaaS startups. Most notably, Koletas served as principal and Chief Revenue Officer at Madison Logic based in New York,…
Reliance Retail Ventures Limited to acquire controlling stake in Just Dial
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•Reliance Retail Ventures Limited has announced the acquisition of controlling stake in Just Dial Limited for a total consideration of Rs 3,497 crores. According to the announcement, VSS Mani will continue as Managing Director and Chief Executive Officer to lead Just Dial through the next phase of growth. Speaking on this transaction, Ms Isha Ambani,…
Verticurl and Startup-O Announce Strategic Partnership
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•Verticurl (A WPP Company) and Startup-O have announced that they have entered into a strategic partnership combining Verticurl’s Marketing Technology Services capabilities with Startup-O’s global online platform for discovering, investing and scaling post-revenue startup technology ventures. According to a statement, “The Verticurl and Startup-O partnership creates the opportunity for founders to access professional business development capabilities…