CapGrid, a B2B cloud manufacturing startup for precision parts and components, has raised $7 million in a Series A funding round led by Nexus Venture Partners, according to ETtech report. Existing investors Anicut Capital and Axilor Ventures, which was founded by Infosys co-founders Kris Gopalakrishnan and SD Shibulal, also participated in the current funding round.…
Category: News
SEPC appoints Gayathri Sundaram to its Board
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•SEPC Limited, an engineering services company, announced the appointment of Gayathri Sundaram as an Additional Director in the category of Independent Director on the company’s Board, with effect from January 30, 2023. According to the company’s exchange filing, “we would like to inform you that based on the recommendation of Nomination and Remuneration Committee, the…
IISc Bangalore and TalentSprint join forces to empower the next generation of semiconductor professionals
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•TalentSprint, a global edtech company and market leader in offering transformational deeptech programmes, and Indian Institute of Science (IISc) further strengthened their two-year-old partnership by announcing the PG Level Advanced Certification programme in Micro and Nanoelectronics to empower the next generation of semiconductor professionals, who are ready to take advantage of massive industry growth experienced by the semiconductor…
IndusInd Bank appoints Sunil Mehta to its Board
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•IndusInd Bank announced the appointment of Sunil Mehta as an Additional Director in the capacity of Non-Executive Independent Director and Part-time Chairman of the Bank, with effect from January 31, 2023. According to the company’s exchange filing, “This is to further inform you that based on approval from Reserve Bank of India and recommendations made…
Future Lifestyle Fashions Chairperson Rahul Mehta resigns
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•Future Lifestyle Fashions Limited (FLFL) announced that Rahul Mehta has resigned from the role of Chairperson and Independent Director on the company’s Board, with effect from January 30, 2023. According to the company’s exchange filing, “We write to inform you that Mr. Rahul Mehta, has resigned from the position of the Chairperson and Independent Director…
Dell Technologies partners with Startup India to empower startups scale and leverage the right technology to drive innovation
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•Dell Technologies collaborates with Startup India, an initiative by the Government of India, to launch a platform for Indian technology start-ups to help them scale and create their own marketplace. This partnership intends to engage with Department for Promotion of Industry and Internal Trade (DPIIT) registered startups to create a market opportunity for startups in…
Rockwell Automation names Shovan Sengupta as Regional VP, Market Access
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•Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced that Shovan Sengupta has been promoted to regional vice president, Market Access, for the Asia Pacific region. He will be based in Singapore and report to Scott Wooldridge, president, Asia Pacific. “In the Fourth Industrial Revolution, companies need strong partnerships to achieve their full potential. Together, we connect…
Medtronic appoints Michael Blackwell as VP of Medtronic India
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•Medtronic plc announced the appointment of Michael Blackwell as Vice President of India Medtronic Pvt. Ltd., effective January 2023. In this role, he will be responsible for sales, marketing, and commercial operations of Medtronic’s India business. Michael will be appointed as the Managing Director of Medtronic India in due course, a statement said. Michael succeeds…
Datamatics announces expansion plans, inaugurates a digital-enabled omni-channel Customer Support Centre in the Philippines
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•Datamatics, a global Digital Technologies, Operations, and Experience Management Company, inaugurated their new omni-channel customer support centre at Pasig City, Manila, Philippines. The facility was inaugurated by the Indian Ambassador to the Philippines – H. E. Mr. Shambhu Kumaran. The inauguration event was also graced by the presence of industry leaders including Mr. Mitch Locsin,…
Welspun India and Disney announce partnership for UK and Europe
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•Welspun India Ltd. announced its brand licensing agreement with The Walt Disney Company for the EMEA region. The license will give Welspun the rights to design, develop, manufacture and distribute complete range of home textiles products leveraging Disney’s vast franchises and characters across Disney, Pixar, Marvel and Lucas brands, the statement said. Welspun is recognised…
JG Wentworth adds Priyank Singh as Chief Technology Officer
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•JG Wentworth, a consumer financial services company, announced that after its recent acquisition Stilt Inc., it is appointing Stilt co-founder and ex-CTO Priyank Singh as Chief Technology Officer of The JG Wentworth Company, effective December 1st, 2022. In his role Singh will be responsible for leading technology and product development for the JGW Digital Lending initiative. He will…
Sanjay Gupta appointed as GM of Sheraton Grand Bengaluru Whitefield Hotel & Convention Center
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•Sheraton Grand Bengaluru Whitefield Hotel & Convention Center, part of Marriott International has appointed Sanjay Gupta as their new General Manager. A seasoned and versatile hospitality professional with a career spanning over two decades, Sanjay has worked with brands such as Hilton, Hyatt Hotels, Grand Hyatt and Oberoi Hotels and Resorts. Over the years, he has honed his skills in managing…
CARE Ratings appoints Sobhag Mal Jain to its Board
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•Credit rating agency, CARE Ratings Limited, announced the appointment of Sobhag Mal Jain as an Additional Director on the company’s Board, with effect from January 28, 2023. According to the company’s exchange filing, “Please note that the Board of Directors of the Company at their meeting held on Saturday, January 28, 2023, have approved appointment of Mr.…
TechWish Group strengthens its footprint in India, opens new facility in Hyderabad
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•The TechWish Group, a global corporation with presence in diversified industries, has announced its expansion plans in India by setting up a state-of-the-art facility in Hyderabad. This is a significant milestone, which is in-line with the TechWish Group’s expansion plans of its group companies – Antra, TechWish, Hogar Controls and Super Surfaces, a statement said. The new…
Novotel Pune appoints Abhijeet Gadgil as Director of Sales and Marketing
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•Novotel Pune announced the appointment of Abhijeet Gadgil as the Director of Sales & Marketing. With 12+ years of experience, Abhijeet is a performance driven professional and has an outstanding record of achievements. With a rich experience in the industry he will bring a combination of sales expertise together with a natural ability to motivate and nurture…