LBB Specialties (LBBS), a North American specialty chemicals and ingredients distribution firm, has announced that it has entered into an agreement with Caltron Clays, a global supplier of natural cosmetic & health ingredients. “We are pleased to announce our agreement with Caltron Clays,” said Darren J. Birkelbach, CEO of LBB Specialties. “Demand for authentic, high-quality…
Wheel, the health tech company making virtual care work for everyone, has announced a $50 million Series B investment led by Lightspeed Ventures with participation from existing investors CRV, Silverton Partners, Tusk Venture Partners, and J.P. Morgan. New investors including Tony Fadell’s Future Shape also participated in the round. As lead investor, Lightspeed Senior Advisor…
Deutsche Bank has recently announced that Daniel Ross will join the bank as Head of Investment Banking Coverage in the UK and Ireland. Daniel will join from Barclays where he was Vice Chairman of UK Investment Banking and Global Head of Media. He will be based in London and report to Patrick Frowein and Berthold…
Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, has announced the appointment of Mandeep Walia as Chief Compliance and Risk Officer. Mandeep joins Circle’s leadership following an extensive career in global financial compliance and risk management at various organizations. Most recently, Mandeep served as the Chief Compliance Officer…
Emeritus, a part of Eruditus Learning Solutions, has announced a definitive agreement to acquire iD Tech, a provider of youth STEM education, for $200 million. The acquisition, which is being made through Emeritus’ parent company Eruditus, marks Emeritus’ expansion into K12 STEM education. Upon the closing of the transaction, iD Tech will operate independently, maintaining its all-star…
Justdial has announced the appointment of Prasun Kumar as chief marketing officer (CMO). Prior to Justdial, he was working as head of marketing, revenue verticals, content and public relations at Magicbricks “I am excited to join Justdial. The brand has touched the lives of almost every Indian at some point. Its massive scale will give me an…
Fullerton India Credit Company Limited (Fullerton India), a Non-Banking Financial Company with a pan-India presence, has announced the appointment of Swaminathan Subramanian as its Chief People Officer. Swaminathan rejoins Fullerton India after a span of nearly four years. Before joining Fullerton India again, he was previously with Sterlite Power, heading the HR function as Group…
Ness, a global provider of Digital Transformation solutions and a portfolio company of The Rohatyn Group (TRG), has announced its acquisition of Risk Focus, a consulting and advisory firm specializing in Digital Transformation for Financial Services. “Adding Risk Focus’s core competence in Digital Transformation services to Ness’s core DNA in product engineering strengthens Ness’ position…
SG Analytics, a research and analytics firm, has announced a ‘Profit Share Plan’ starting this year. According to this plan, all the company’s full-time employees will be covered under either the Profit Share Plan or the Employee Stock Option Plan. This inclusion will be in addition to its existing compensation structure. According to Sushant Gupta,…
Vise, an AI-powered investment management platform built for advisors, has announced it has raised $65 million in Series C funding. The latest round was led by Ribbit Capital, with participation from existing investors including Sequoia Capital. The Series C round brings the total capital raised since Vise’s founding to over $125 million. Vise has further…
The Trade Desk has announced the appointment of Tejinder Gill as general manager for India operations. In this role, he is responsible for leading the business growth strategy, executing company’s vision and long term goals and leading the product development strategy in India. Tej is also the key strategic driver spearheading the expansion of programmatic…
Adani Green Energy Limited (AGEL), has signed share purchase agreements for the acquisition of 100% interest in SB Energy India from SBG (80%) and Bharti Group (20%). SB Energy India has a total renewable portfolio of 4,954 MW spread across four states in India. According to a statement, the transaction marks the largest acquisition in…
IBM has announced plans to acquire Waeg, a Salesforce Consulting Partner in Europe, to extend IBM’s portfolio of Salesforce services and advance IBM’s hybrid cloud and AI strategy. “Salesforce continues to play a critical role in companies’ digital transformations as they adapt to the conditions created by the pandemic. Trust is the new currency of…
Kyndryl, the new, independent public company that will be created following the separation of IBM’s Managed Infrastructure Services business, has announced that it has appointed Michael Bradshaw as the company’s Chief Information Officer. “In Michael Bradshaw, Kyndryl is fortunate to work with a veteran CIO who has held top jobs with companies like NBC Universal…
Thunes, the Singapore-based fintech company, continues to attract global technology venture capitalists as it seeks to expand its network and grow its dynamic team. The US$60 million Series B growth round was led by global private equity and venture capital firm Insight Partners, with participation from existing shareholders. In supporting Thunes, Insight Partners will provide…