Tata Digital Limited, a 100% subsidiary of Tata Sons Private Limited, will acquire a majority stake in digital health company 1MG Technologies Private Ltd. Incorporated in 2015, 1MG operates three state-of-the-art diagnostics labs, has a supply chain covering over 20,000 pin codes across the country, and through its subsidiaries is also engaged in the business…
HR Technology company PeopleStrong has announced the appointment of Sitesh Prasad as VP – Global Markets and Partnerships. Speaking on the appointment, Kiran Kumar, Chief Global Markets at PeopleStrong, stated, “Our race to the next 5 million employee user-base would primarily be powered by Partner Success & Growth. We have created a strong user base…
Kalyan Jewellers has announced that it has elevated Punith Iyer as Chief Operating Officer at Candere. Prior to this role, he led Candere’s business operations as GM. Founder and CEO of Candere – Rupesh Jain stated, “With each milestone, we at Candere get closer to our goal of making fine jewellery more accessible to all…
Hindustan Unilever Limited (HUL) has announced the appointment of Srinandan Sundaram, currently Executive Director, Customer Development as Executive Director, Foods and Refreshment, with effect from 1st July 2021. Srinandan Sundaram replaces Sudhir Sitapati, who is leaving the organisation to pursue an external opportunity. Sudhir joined the organisation as a Management Trainee in 1999 and has managed…
Kale Logistics, a logistics tech platform, has announced that it has raised $5M in Series A investment led by Inflexor Ventures. Other existing investors also participated in the funding round. “Our investment in Kale Logistics fits our thesis of investing in category-defining, enterprise-grade, vertical SaaS products addressing the global market. The company is led by…
Wellness platform Cult.fit has announced that it has acquired Bengaluru-based Tread, a fitness equipment start-up. The financial details of the deal were not disclosed. The company said in a statement, “Following Cult.fit’s launch of digital at-home fitness last year, the platform has seen a massive uptick in live workout classes on its app. In a…
Innoviti, a provider of smart payment solutions, has announced the appointment of Prasad Sonavane as Chief Revenue Officer – Partner Ecosystem Development. An alumnus of Jamnalal Bajaj Institute of Management Studies, Mr. Sonavane comes with 25 years of experience. In his last assignment, he was heading the Risk Management Solutions & Data Monetization verticals at…
New Delhi-based Edtech startup Leverage Edu has raised $2 million from Trifecta Capital in a debt funding round. Speaking on the investment, Rahul Khanna, Co-Founder & Managing Partner at Trifecta Capital, said, “Leverage Edu is on a mission to democratize access to overseas education. It has scaled rapidly and has access to a global University…
Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions, has announced the appointment of Santosh Thomas as its new Chief Executive Officer (CEO). Virtusa’s Board of Directors appointed Santosh as successor to the company’s founder, Kris Canekeratne, who announced his transition from the business in May 2021. Santosh joins…
Cyware, a Virtual Cyber Fusion platform provider, has announced the appointment of Rajan Chheda as Director of Customer Success. In his new role, Rajan will oversee strategic customer success & relationships in APAC and META and also anchor future growth opportunities. Rajan will be working closely with sales and delivery teams and drive customer satisfaction…
New Delhi based Mentorship, patented platform MentorKart, has announced that it has raised $150,000 in its seed round led by Amit Singal and Manish Aggarwal (Founders of Startup Buddy). According to spokesperson, MentorKart will utilise the funds for Go to Market plans and further enhance its platform, strengthen its tech capabilities, and build new products. The…
Aura, a provider of comprehensive digital security for consumers, has announced a $150 million Series E funding round led by Warburg Pincus, a global growth equity firm. Chandler Reedy, Managing Director and Head of Strategic Investments, Warburg Pincus and Brian Chang, Managing Director, Warburg Pincus, will join the Aura board of directors. Aura has raised a total of approximately $450…
DXC Technology, a technology services company, has announced that it has appointed Brenda Tsai as Executive Vice President and Chief Marketing and Communications Officer. Tsai will report to DXC President and Chief Executive Officer Mike Salvino. Tsai will be responsible for leading all areas of the DXC global marketing and communications function. “Brenda is a…
CNSI, a business solutions provider in developing and delivering healthcare technology and management solutions, has announced that Krupasheela Rajendran has joined CNSI. Krupa Rajendran will serve as Vice President, Software Quality Assurance (SQA) and will be responsible for leading the SQA team in India. Krupa comes to CNSI most recently from HCL Technologies, where she…
Hashtag Orange, a marketing and advertising firm, has announced the appointment of Rahul Rautela as creative director. He will report to creative chief of Hashtag Orange – Gaurang Menon. “We’re excited to have Rahul back on board with us as Creative Director on some key businesses. With our new vision and a slew of recent…