Servotech EV Infra Pvt. Ltd., a subsidiary of India’s leading EV charger and solar products manufacturer, Servotech Power Systems Ltd., announced the appointment of Prem Prakash as its Chief Executive Officer (CEO) and Neeraj Gupta as its AVP Operations. Prem Prakash, with a career spanning 22 years across diverse industries, including Consumer Durables, FMCG, Media & Entertainment, E-Commerce, Fintech and will successfully take the company to…
Brand analytics platform GobbleCube, cofounded by former executives of quick-commerce firm Blinkit, has secured $1.9 million in a seed funding round led by Kae Capital, according to ETtech report. The round also witnessed participation from US-based consumer fund CRV, and other angel investors. With the capital infusion, the startup aims to strengthen its product engineering…
Rose Merc Ltd (RML) announced that it has signed a subscription agreement to acquire 50% stake in LK Vet Care (P) Ltd. This said acquisition will enable the company to enter into Rural B2C market with presence in ever increasing Animal Husbandry sector related to Artificial Insemination with the market size of ~Rs 600cr, a…
Intelliswift Software Inc., a global leader in IT services, announced the appointment of Surej KP as Chief Executive Officer (CEO). The transition sees former CEO Pat Patel move into the role of Chairman to continue supporting strategic initiatives at Intelliswift, a statement said. Having joined Intelliswift in 2019, Surej has been instrumental in strengthening its position in the…
Fossil Group, Inc. (Fossil), a global design, marketing, distribution and innovation company specializing in lifestyle accessories, announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer and a member of the Board of Directors (the “Board”), effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in…
Blitz 21-823 AG (in future: Elbe BidCo AG, BidCo), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (collectively, “KKR”) has signed an Investment Agreement with Encavis AG (Encavis), a leading and proven German renewable energy platform and independent power producer…
Pilgrim, a leading beauty and personal care brand, has announced the appointment of Shreya Kejriwal as Vice President – Human Resources, according to ETHRWorld report. The company has also appointed Abhishek Misra as Senior Vice President – Data Analytics, according to a statement. Kejriwal comes with 10 years of experience in the FMCG and tech…
DRUID, a leading provider of innovative technology solutions, announced that Martin Kraft has been appointed as the new Vice President of Sales for the EMEA and APAC regions. With a distinguished career spanning several years in the technology and sales industry, Martin Kraft brings a profound understanding of the EMEA and APAC markets to DRUID. He also has a proven…
Kites Senior Care, a geriatric care service provider has secured Rs 45 crore in a series A funding round, led by Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG) through his family office, according to ETtech report. The funds will be used to deepen its presence in cities like Bengaluru, Hyderabad, Chennai, while…
Inflection Point Ventures has announced an investment of INR 2 Crores in Pumpumpum- a Fintech mobility startup. The funds will be allocated for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development for greater visibility, and sustained success of the enterprise, a statement said. Founded in 2018 by Tarun lawadia, Founder…
Fortis Healthcare Limited announced the appointment of Sanjay Baweja as Chief Internal Audit and Risk Officer of the company, with effect from March 13, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with SEBI Circular dated July 13, 2023,…
Private lender Axis Bank Limited announced the appointment of Vijay Mulbagal as Group Executive & Head of Strategic Programs and Sustainability, with effect from March 14, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform the following changes in the senior management of…
HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties. Insurance vehicles and accounts managed by KKR, a leading global investment firm, led the…
Lexitas, a leading provider of technology-enabled litigation services in the US and a portfolio company of funds advised by Apax, announced the appointment of Nishat Mehta as Chief Operating Officer & President. “Nishat is a successful senior executive with deep experience delivering client value and developing new revenue streams in tech-enabled businesses globally. He excels tying innovative solutions…
Lifestyle hospitality brand Quorum Club has secured an undisclosed amount in a pre-series A funding round led by Gruhas, an investment firm cofounded by Zerodha cofounder Nikhil Kamath and construction equipment manufacturer Puzzolana group president Abhijeet Pai, according to ETtech report. The funding round also witnessed participation from other shareholders including Alok Oberoi, Gurmeet Nihal…