Gullak, a Y Combinator-backed saving and investment app, announced that it has raised $3 million in funding as part of its seed round from new investors YC and Rebel partners and existing investor Better capital, according to moneycontrol report. Other investors that took part in the current funding round include Good water capital, GMO fintech…
Intelliswift Software, a digital transformation and talent solutions provider, announced that it has acquired Global Infotech (GIT), a consulting firm specializing in Salesforce development, business/product orchestration, enterprise IT integration, and testing. The acquisition reaffirms Intelliswift’s commitment to providing digital excellence through in-house CoEs (Centers of Excellence) for key technologies to fast-growing businesses and enterprises, a statement said.…
Pratt & Whitney, a Raytheon Technologies business, officially opened the doors to its new India Engineering Center (IEC) in Bengaluru. The facility is co-located with Pratt & Whitney’s India Capabilities Center (ICC), which opened in 2022 to provide integrated global supply chain support, and the recently inaugurated Collins Aerospace engineering and global operations centers. The IEC, which was…
L&T Technology Services Limited (LTTS), a global engineering services company, announced that it has been selected as a strategic engineering partner to Airbus for providing Advanced Engineering Capabilities and Digital Manufacturing Services under a multi-year contract. Under this agreement, LTTS will support Airbus in key verticals and technology areas for its ongoing Commercial and Innovation…
Prenetics Global Limited, a global diagnostic and genetic testing company, announced the appointment of Dr. Bayju Thakar as CEO of Prenetics EMEA, a wholly owned subsidiary of Prenetics Global Limited, and shall join the board of directors for Prenetics EMEA Limited. “Prenetics has strong ambitions in the UK and EMEA markets. They are highly complex…
Electrical goods company, Polycab India Limited, announced the appointment of Manju Agarwal as an Additional (Non-Executive Independent) Director on the company’s Board, with effect from January 19, 2023. According to the company’s exchange filing, “the Board of Directors at its meeting held today i.e.19th January 2023, have considered and approved the appointment of Mrs. Manju…
Digital payments major PhonePe said it has raised $350 million in funding from global private equity firm General Atlantic at a pre-money valuation of $12 billion, according to ETtech report. The investment marks the first tranche of an up to $1 billion total fundraise that commenced in January 2023, the company said in a statement.…
Accenture has been named a Leader in open finance IT services in a report by industry analyst firm Everest Group. In the report, titled “Open Finance IT Services PEAK Matrix® Assessment 2022,” Accenture is positioned as a Leader for both Market Impact, which assesses service providers against criteria such as market adoption, portfolio mix and…
JLL, India’s largest real estate consultancy firm, names James Jipujose as Managing Director and Head of Project & Development Services (PDS), India. Based out of Bengaluru, James will advise clients on the development, design, and construction of large-scale real estate projects, a statement said. James will be responsible for leading a specialist team of project, design, and construction…
Hexaware, a global business process and technology services company, was named to Forbes’ Best Employers in Mexico 2022 list. The award is given by Forbes and Statista Inc., the world’s leading provider of business rankings and statistics portal. The award list was announced on October 18, 2022 and can currently be viewed on the Forbes website. Forbes…
PTC India Financial Services Limited announced the appointment of S Gopal as Director (Finance) and Chief Financial Officer of the company. According to the company’s exchange filing, “We wish to inform you that the Board of Directors, based on the recommendation of Nomination & Remuneration Committee and Audit Committee, in its meeting held on January…
TA Associates (TA), a global growth private equity firm, announced that it has completed a strategic growth investment in Synokem Pharmaceuticals Ltd. (Synokem). Synokem’s founders will continue as shareholders in the Company alongside TA, a statement said. Founded in 1983 by J.M. Arora, Synokem Pharmaceuticals Ltd. is one of India’s leading contract development and manufacturing…
Singapore-headquartered actyv.ai, a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space and Grant Thornton dGTL, the next-gen digital transformation venture by Grant Thornton Bharat announced a partnership to help construct an ecosystem for consumer brands to better manage and streamline their distribution networks. The alliance aims to redefine how companies…
IndusInd Bank Limited announced the appointment of Rajiv Agarwal as Non-Executive Independent Director on the company’s Board, with effect from March 15, 2023. According to the company’s exchange filing, “This is to inform that the Board of Directors (the Board) of the Bank, at its meeting held today has considered and approved, the re-appointment of…
Wipro Limited, a leading technology services and consulting company, announced the opening of its newest Wipro-AWS Launch Pad Center in Toronto, Canada. Joining a global network of Wipro-AWS Launch Pad Centers, this new one will enable customers in Canada to accelerate their move to the cloud and build industry leading solutions leveraging Wipro and AWS…