Kulfi Collective, a leading creative network in India that functions at the intersection of content, community and culture, has announced the appointment of Divya Karani as Chairperson and Executive Director of its Board. Divya’s three-decade journey has shaped her into a pivotal figure in steering some of the largest advertising and media groups across India,…
IBM and HashiCorp Inc., a leading multi-cloud infrastructure automation company, announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate…
UST, a leading digital transformation solutions company, announced that it has acquired Strativity Group, a boutique strategy consultancy specialising in customer-centric transformations. Strativity is renowned for delivering customer experience strategy, design, innovation, change management, and operating models through adopting an insight-led approach that creates competitive advantage and tangible value creation, a statement said. UST and Strativity share a…
UiPath, a leading enterprise automation and AI software company, announced the launch of two new data centers in Pune and Chennai, as part of its global expansion initiative. UiPath Automation Cloud will offer enhanced services to customers and partners in the Indian market, ensuring strategic positioning of infrastructure, applications, and data, a statement said. The launch of…
Deluxe, an entertainment media organisation, has appointed Pandi Alagu Raja Mahamuni as the Head of People and Culture, according to ETHRWorld report. “I am thrilled to announce that I have started a new position as Head – People & Culture in Deluxe,” Mahamuni shared in a LinkedIn post. Prior to joining Deluxe, Mahamuni was associated…
IT company Happiest Minds Technologies Limited announced today that it has signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited(PureSoftware) for a total purchase consideration of US $ 94.5 Million (₹779 Crores) (Upfront of ₹635 Crores on closing and deferred of upto ₹144 Crores payable at the end…
Truck aggregator startup LetsTransport has raised $22 million in a funding round led by Bertelsmann India Investments, according to the ETtech report. The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital and others. The funds will be used for expanding market presence, scale adjacent business verticals and to…
Tiger Logistics (India) Limited announced the appointment of Madhusudan Jhunjhunwala as Chief Financial Officer of the company, with effect from April 24, 2024. He succeeds Benu Malhotra, who has resigned from the position of CFO, with effect from 24th April, 2024. According to the company’s exchange filing, “We wish to inform you that Board of…
Veera, India’s first mobile-only internet browser, has announced the elevation of Aniruddha Jaju to Head – Revenue at the company. Aniruddha, a graduate of IIM-Ahmedabad with over 12 years of rich and diversified experience, started his journey with Veera as Chief of Staff, showcasing exceptional leadership and strategic acumen. His promotion to this pivotal role…
InfoVision Inc, a global digital services company headquartered in the United States, announced the appointment of Radhika Venkatraman to its Advisory Board. Venkatraman brings extensive experience in technology leadership and business acumen to InfoVision’s executive leadership panel, promising to be a catalyst for innovation and growth, a statement said. With an impressive career track that…
KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, announced it has entered into a definitive agreement to acquire Egress, a leader in adaptive and integrated cloud email security. Egress’ Intelligent Email Security suite provides a set of scaled, AI-enabled security tools with adaptive learning capabilities to help prevent, protect…
Microsoft Corp. and The Coca-Cola Company announced a five-year strategic partnership to align Coca-Cola’s core technology strategy systemwide; enable the adoption of leading-edge technology; and foster innovation and productivity globally. As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities. The collaboration underscores Coca-Cola’s ongoing technology transformation,…
Direct-to-consumer snacks and instant foods maker Adukale has secured Rs 11 crore in a funding round led by venture fund Force Ventures, according to ETtech report. The funds will primarily be used for expansion of the company’s offline presence, its chief growth officer, Vinay Gopinath, told ET. Adukale, founded in 2009, sells a variety of…
Onetab, a Generative AI SaaS startup, has announced the appointment of Ankita Phanse as Head HR – Strategy & Planning, according to ETHRWorld report. The company has also appointed Pratish Gopinath and Harish Chouhan as VP – Corporate Development and Senior Team Lead, respectively. The team expansion comes as a step towards Onetab’s long-term growth…
Sandvik has signed an agreement to acquire a majority stake in the leading China-based company Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. (Ahno) from the current majority owner, Ningbo Baosi Energy Equipment Co., Ltd and related parties. The company will be reported within the business area segment Sandvik Machining Solutions. Ahno has a leading position…