Category: News

SaaS marketplace Venwiz raises $8.3 mn in funding

Venwiz, a digital platform enabling services procurement in the manufacturing industry, said it has raised $8.3 million in an early-stage funding round dubbed Series A, led by Sorin Investments, according to ETtech report. Sorin Investments is founded by Sanjay Nayar, former KKR India head. Other investors in the funding round included two returning investors Accel…

HRTech platform HireSure.ai raises $2.5 mn in seed funding round

HireSure.ai, an HRtech platform that enables companies to leverage data in making more efficient compensation decisions, has raised $2.5 million in seed funding led by Y Combinator and Binny Bansal’s Three State Capital. San Francisco-based Tribe Capital andPioneer fund also participated in the round.  The company plans to use the funds to strengthen the community, build new products and primarily scale up the engineering and product teams for product development, a statement…

Persistent is named a leader in software product development services in Everest Group’s 2023 PEAK Matrix assessment

Persistent Systems, a global digital engineering provider, has been recognized as a leader in Software Product Engineering Services Called Peak Matrix 2023 by Everest Group. Persistent encourages co-innovation with a focus on new product development for today’s leading digital companies. Its software product engineering services span all stages of the product lifecycle to accelerate software development and business modernization…

Rajat N Agrawal appointed to Vial’s Scientific Advisory Board

Vial, a global CRO providing next-generation clinical trial management services, announced the addition of Dr. Rajat N Agrawal to Vial’s scientific advisory board (SAB). Dr. Agrawal, an ophthalmologist and retina specialist, will work closely with the company’s leadership team to enhance the scientific strategy of Vial’s Ophthalmology CRO products and services, a statement said. “We are thrilled…

Aster DM Healthcare re-appoints Chenayappillil John George and James Mathew to its Board

Aster DM Healthcare Limited, the global healthcare service provider, announced the re-appointment of Chenayappillil John George and James Mathew to the company’s Board of Directors. According to the company’s exchange filing, “we wish to inform you that, upon recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company, at its meeting…

Godrej Industries Ltd acquires 26% stake in Clean Max

Godrej Industries Limited announced it has acquired 26 per cent equity stake in Clean Max Kaze Private Limited (Clean Max), a subsidiary of Clean Max Enviro Energy Solutions Private Limited. According to the company’s exchange filing, “we would like to inform you that Godrej Industries Limited (“the Company”) has acquired 26% (Twenty Six per cent)…

Coforge wins Duck Creek Technologies 2022 Innovation Award for OnDemand Enablement Tooling

Coforge Limited, a global digital services and solutions provider, announced that the company was named a 2022 Innovation Award for OnDemand Enablement Tooling for reference data remediation. Coforge has earned this recognition from Duck Creek Technologies, the intelligent solutions provider defining the future of the property and casualty (P&C) industry, by being awarded a 2022…

Mary Kay names Sheryl Adkins-Green as Chief Experience Officer

Mary Kay Inc., an iconic beauty and entrepreneurship company, announced the appointment of Sheryl Adkins-Green as Chief Experience Officer. In the new role, Adkins-Green will support the success of millions of Independent Beauty Consultants’ businesses through a 360-degree integrated customer experience, a statement said. “Nothing matters more at Mary Kay than a rewarding experience for…

Kiavi appoints Arvind Mohan as Chief Executive Officer

Kiavi, a US-based lender to real estate investors, announced that the company’s Board of Directors has appointed Arvind Mohan as Chief Executive Officer. Mohan will assume day-to-day leadership of the company and will also join Kiavi’s Board of Directors. Mohan, a financial markets veteran, has served as Kiavi’s Chief Operating Officer since 2020 and has held various…

Vikas Gupta joins Vitesco Technologies as Head of Finance for India business

Vitesco Technologies, a leading international supplier of advanced powertrain technologies and solutions for e-mobility, announced recently that it has appointed Vikas Gupta as the Head of Finance for the India business. He will be in charge of the financial operations which include financial planning & analysis, reporting, taxation, risk management and treasury operations for the overall…

HCLTech recognized as a Leader in Everest Group’s ‘IT Security Services PEAK Matrix Assessment 2022 – North America’

HCLTech, a global technology company, has been rated as a Leader in Everest Group’s ‘IT Security Services PEAK Matrix® Assessment 2022 – North America’ report. HCLTech has been recognized as a good fit for global organizations due to “its ability to deliver end-to-end security services at scale across multiple geographies”. The recognition comes as HCLTech…

Jagdish Capoor appointed Chairman of West End Housing Finance

West End Housing Finance Ltd., a Mumbai-based affordable housing finance company, has appointed Jagdish Capoor as its Chairman. The appointment was made by the board at its meeting held in Mumbai on the 10th of February, 2023. Jagdish Capoor has had an illustrious career in the finance sector, having served as the Deputy Governor of the…

Nokia and Kyndryl expand global network and edge computing alliance

Nokia and Kyndryl, the world’s largest IT infrastructure services provider, announced a three-year extension and expansion of their global network and edge partnership, with a focus on developing and delivering industry-leading LTE and 5G private wireless services and Industry 4.0 solutions to customers worldwide. Kyndryl and Nokia established their global network and edge computing alliance in February 2022. The…

Accenture acquires Brazil-based cybersecurity company Morphus

Accenture has acquired Morphus, a privately held Brazil-based cyber defense, risk management and cyber threat intelligence services provider, expanding its practice capabilities in Brazil and Latin America. Financial terms were not disclosed. Founded in 2003, Morphus is headquartered in Fortaleza, which is in the Ceará region in northeastern Brazil, with offices in Recife, São Paulo, Rio de…

Cognizant names Nella Domenici to Board of Directors

Cognizant announced the appointment of Nella Domenici to its Board of Directors as an independent director, effective February 21, 2023. Upon the commencement of Domenici’s term, which will begin concurrently with the previously announced appointment of Eric Branderiz, Cognizant’s Board will expand to 13 members, 12 of whom are independent. “We are pleased to welcome a financial…