Embassy Group, India’s leading Real Estate developer recently won the ‘Best Workplace of the Year’ award at “The Great Indian Workplace Awards – Established Enterprises from the Real Estate Industry” by UBS Forums in Mumbai. The Great Indian Workplace Awards 2019 by UBS Forums recognizes extraordinary workplaces in India that have best HR practices and…
Category: News
Wipro Promax Analytics Solutions recognised by Promotion Optimization Institute
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Wipro Limited, a leading global information technology, consulting and business process services company, today announced that its Wipro Promax Analytics Solutions (Wipro Promax) suite has achieved the best-in-class distinction for Trade Promotion (TPx) capabilities in Promotion Optimization lnstitute’s (POI) recently published ‘POI TPx Vendor Panorama 2019’ report. The report focuses on technologies that enable best-in-class…
Scott Rafkin appointed Volvo Group Chief Digital Officer
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Scott Rafkin, currently President of Volvo Financial Services, has been appointed to the new position of Executive Vice President and Chief Digital Officer for the Volvo Group, effective January 1, 2020. In this role, he will be a member of the Executive Board and report to the Volvo Group President and CEO Martin Lundstedt. As…
Slintel raises $1.5 mn in funding led by Stellaris and Accel
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Slintel, a personalized recommendation platform for sales and marketing, raised $1.5 million in its seed funding round led by Stellaris Venture Partners. The round also saw participation from Accel. The startup was founded by Ranjana TN, Rahul Bhattacharya and Deepak Anchala in 2016. Earlier, the startup had raised funds from GSF Accelerator. The funds will…
Awign Enterprises raises $4 million in Series A round funding
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Awign Enterprises, a tech platform to take up on-the-ground work from businesses, has raised $4 million in a Series A funding round led by Work10M, Michael and Susan Dell Foundation, Eagle10, and existing investors, Unitus Ventures. The company was founded by IIT-alumni Annanya Sarthak, Gurpreet Singh, and Praveen Sah in 2016.
Purplle raises $30 mn in series C funding
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Purplle.com (Purplle), an online space for beauty and wellness needs, has raised $30 million in series C funding round, led by Goldman Sachs. The round also saw participation from existing investors IvyCap Ventures, Blume Ventures, and JSW Ventures. The company was founded by Manish Taneja and Rahul Dash in 2012. The company had raised $10…
Ashok Leyland appoints Vipin Sondhi as CEO, MD
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Ashok Leyland has appointed Vipin Sondhi as the new Chief Executive Officer (CEO) and Managing Director of the company for a period of five years from December 12, 2019 to December 11, 2024. In a BSE filing, the company said, “The Board of Directors at their meeting held on December 12, 2019, based on the…
TCS wins CII Industrial IP Award for Best Patents Portfolio
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Tata Consultancy Services, a leading IT services, consulting, and business solutions organization, has won the award for the Best Patents Portfolio in the Large (Engineering) Enterprises category at the Confederation of Indian Industry (CII) IndustriaI IntellectuaI Property Awards 2019. The CII Industrial Intellectual Property Awards aim to recognize enterprises which have embraced IP generation, protection…
Flipkart Head of Fashion Rishi Vasudev quits
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Flipkart Head of Fashion Rishi Vasudev has resigned after a five-year stint with the company. He had joined Flipkart in November 2014. In a media statement, the company said, “He has played a key role in building and nurturing the fashion category at Flipkart over the past five years, and more recently, has led the…
Payoneer to acquire open payment orchestration platform optile
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Payoneer, the digital payment platform empowering businesses around the world to grow globally, announced today it has agreed to acquire optile, a Munich-based tech company that streamlines payment acceptance processes for merchants worldwide. Founded in 2010, optile’s open payment ecosystem puts merchants in control of their business with the flexibility to add payment options and…
Publicis Groupe appoints Anupriya Acharya as CEO, South Asia
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Anupriya Acharya has been appointed the CEO, South Asia of Publicis Groupe after the current CEO Saurabh Varma, decided to move on from the group. He has decided to pursue other career opportunities and will be leaving Publicis Groupe after 17 years.
Wipro wins ‘2019 SUSE Global System Integrator Partner of the Year’ award
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Wipro Limited has announced that it has won the ‘2019 SUSE Global System Integrator Partner of the Year’ award in two categories – Most Innovative Solution and Most Technical Certifications. The ‘Partner of the Year’ award, given out by SUSE honors companies that employ SUSE technologies and solutions while demonstrating excellence in technology platform design…
Magma Fincorp raises 350Cr from the Dutch Development Bank
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Mumbai-based asset finance company, Magma Fincorp Limited today announced that the company has raised INR 350 Crore by way of Non- Convertible Debentures (NCDs) from Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO), a Dutch Entrepreneurial Development Bank, to support the company’s on-going growth plans. The NCDs issued on a private placement basis are unlisted, redeemable,…
Alstom commences manufacturing of rolling stock for Mumbai Metro
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Alstom commenced the manufacturing of metro train sets for Mumbai Metro Rail Corporation (MMRC) at its factory in SriCity, Andhra Pradesh. The ceremony was preceded by Mr. Alain Spohr – MD, Alstom India & South Asia. The first metro train will be delivered by November 2020 after testing . Alstom’s overall contract with MMRC for…
Flexiwork start-up TapChief raises a pre-series A funding of $1.5 mn
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TapChief, an online platform connecting professionals, freelancers and businesses, has raised a pre-series A round of $1.5 million led by Blume Ventures. The company was founded by Shashank Murali, Binay Krishna and Arjun Krishna in 2016. The platform allows professionals to network with others in their domain, sign up for freelance assignments. The platform also…