Artificial intelligence (AI)-led risk management solutions provider, SydeLabs said it has raised $2.5 million as a part of its seed round of funding led by RTP Global. The round also saw participation from early-stage investment firm Picus Capital along with marquee angel investors including Cred founder Kunal Shah and Mobile Premier League founder Sai Srinivas…
Category: News
DUDigital Global appoints Manoj Dharmani as CEO
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•DUDigital Global, a provider of digital solutions in the visa services sector announced the appointment of Manoj Dharmani as its Chief Executive Officer (CEO). Effective from April 2024, Manoj will be responsible for managing all aspects of the company’s operations, including business development, product innovation, and client relations, a statement said. With over 28 years…
Ambuja Cements appoints Manish Mistry as Company Secretary and Compliance Officer
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•Adani Group’s Ambuja Cements Limited (ACL) announced the appointment of Manish Mistry as Company Secretary and Compliance Officer of the company, with effect from April 1, 2024. He succeeds Hitesh Marthak, who will relinquish his position as the Company Secretary and Compliance Officer of the company. According to the company’s exchange filing, “we wish to…
SLB to acquire majority ownership in Aker Carbon Capture
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•SLB, a global technology company, announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise and an established project delivery platform, the combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology…
Transgene appoints Lucie Larguier as CFO and Christelle Schwoerer as CHRO
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•Transgene, a biotech company that designs and develops virus-based immunotherapies for the treatment of cancer, announced the appointment of Lucie Larguier as Chief Financial Officer (CFO), effective immediately. Formerly VP, Corporate Communication and Investor Relations at Transgene, in her new role as CFO, Lucie Larguier will be responsible for all aspects of the Company’s financial…
SuperK raises $6 mn funding from Blume Ventures, others
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•SuperK, which runs retail supermarkets in tier 3 towns and beyond, has raised $6 million (Rs 50 crore) in a funding round led by Blume Ventures, according to ETtech report. Investors like Silver Needle Ventures, Veltis Capital and Atrium Angels, among others, participated in the round. The firm did not disclose the valuation at which…
Tata Power appoints Archana Chitnavis as Group Head – HR
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•Tata Power has appointed Archana Chitnavis as the Group Head – HR (Policies, Processes Excellence), according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Group Head – Human Resources (Policies, Processes & Employee Engagement) at Tata Power,” Chitnavis shared in a LinkedIn post. Prior to joining Tata Power, Chitnavis…
Accenture invests in Sanctuary AI
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•Accenture has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely and effectively. “AI-powered humanoid robots are essential to reinventing work and supporting human workers as labor shortage is becoming an issue in many…
IDFC First Bank re-appoints Sanjeeb Chaudhuri as Part-Time Non-Executive Chairperson
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•IDFC First Bank Limited announced the re-appointment of Sanjeeb Chaudhuri as the Part-Time Non-Executive Chairperson, with effect from August 25, 2024. According to the Bank’s exchange filing, “We wish to inform that pursuant to the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Bank at its meeting held today, has…
Coca-Cola SLMG appoints Costin Mandrea as CEO
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•SLMG Group, India’s largest independent bottler of Coca-Cola in India and South West Asia, announced the appointment of Costin Mandrea as Chief Executive Officer of Coca-Cola SLMG operations. With more than 25 years of rich experience in the beverage industry, Mr Mandrea brings a wealth of expertise and strategic vision to his new role, a…
Weave Living and KKR establish urban living strategic partnership in South Korea
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•WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul. The strategic partnership will target to build a rental housing asset portfolio of c.1,200 units with the initial tranche of…
Standard Chartered Bank elevates Tanuj Kapilashrami to Chief Strategy & Talent Officer
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•Standard Chartered Bank has announced the appointment of Tanuj Kapilashrami as its Chief Strategy and Talent Officer, effective April 1, according to ETHRWorld report. Kapilashrami is currently working at the organisation as Global Chief Human Resources Officer. In her new role, Kapilashrami will take responsibility for the Bank’s Strategy, Corporate Affairs, Brand & Marketing, Supply…
ParkSmart secures funding from Japanese Investors and Gruhas – Nikhil Kamath’s Proptech Fund
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•ParkSmart, a leading B2B SaaS company focused on building the largest inventory of parking spaces by providing smart parking solutions, has announced its investment from Sin Growth Partners led by Hiro Mashita, Gruhas Proptech, strategic angels including Rajveer Ranawat (ex MD, AIG Direct Investments Europe) and Ameet Desai (ex Group CFO, Adani Group). Founded by five visionary entrepreneurs…
Philip Morris International names Christos Harpantidis as SVP, External Affairs
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•Philip Morris International Inc. (PMI), a leading international tobacco company, announced the appointment of Christos Harpantidis to the position of Senior Vice President, External Affairs effective May 1, 2024. In his new role, Harpantidis will report to the company’s CEO, Jacek Olczak. “Christos is an experienced business leader with a proven track record of engaging…
Logistics startup JustDeliveries raises $1 mn funding led by Nabventures
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•JustDeliveries, a provider of logistics solutions for perishables, has raised $1 million in a pre-Series A funding round led by Nabventures, according to ETtech report. Other investors including Faad Network, Anay Ventures, Caret Capital and Mahansaria Family Office also participated in the round. Nabventures, a subsidiary of the Indian government’s National Bank for Agriculture and…