Category: News

Accenture Positioned as a Leader in Asia Pacific Salesforce Implementation Services 2022 in IDC MarketScape Report

Accenture has been positioned as a leader in the latest IDC MarketScape: Asia/Pacific Salesforce Implementation Services 2022 Vendor Assessment based on its current capabilities and future strategies.  The report noted, “Accenture drives differentiation in the Salesforce services market on its strong advisory and design capabilities, technical talent base, and expertise in driving experience-led transformation initiatives across diverse industries…

Deeptech startup Chara raises $4.75 mn from Exfinity Venture Partners, Others

Deeptech startup Chara Technologies has raised $4.75 million in a funding round led by Exfinity Venture Partners, according to ETtech report. Big Capital, the venture arm of Bitexco and Log9 Materials, as well as returning investors Kalaari Capital and ciie.co also participated in the round. Founded in November 2019 by Keshavachar, Ravi Prasad Sharma, and…

Angel One appoints Kalyan Prasath and Krishnaswamy A Sridhar to its Board

Angel One Limited (Formerly known as Angel Broking Limited) announced the appointment of Kalyan Prasath and Krishnaswamy Arabadi Sridhar to its Board of Directors, with effect from January 16, 2023. Kalyan Prasath holds a Bachelor of Science in Applied Science from Madurai Kamaraj University. He has completed Diploma in Systems Management from NIIT Hyderabad. Prasath has completed…

AMD promotes Forrest Norrod to EVP of Data Center Solutions Business

Chipmaker AMD announced that Forrest Norrod has been promoted to executive vice president and general manager of the Data Center Solutions business group at AMD. The appointment reflects his record of leadership and market growth throughout his tenure with AMD and the strategic role of the data center business to the company’s continued growth strategy, the…

HCLTech Joins WEF 2023 to Supercharge Global Collaboration for a Sustainable Planet and Inclusive Growth

HCLTech, a global technology company, is joining governments, businesses and civil society from across the world at the World Economic Forum (WEF) 2023 in Davos to facilitate dialogue and collaboration for a sustainable planet and inclusive growth. HCLTech is proud of its long-standing strategic partnership with the WEF. The HCLTech Pavilion at WEF 2023 showcases…

Music tech firm Orfium acquires Soundmouse

Global music technology platform Orfium has acquired London-based Soundmouse in a deal that brings together the global market leaders in digital music and broadcast rights management and reporting. Rob Wells, Orfium CEO and former Universal Music Group President of Global Digital, commenting: “Bringing Soundmouse into the Orfium family, we are moving to a place where we…

Padma Priya Saraswatula joins Interweave Consulting’s Advisory Board

D&I consulting Interweave has announced the joining of Padma Priya Saraswatula in its Advisory Board in January 2023. Priya is a technology leader with a track record of delivering solutions to complex business problems with varied experience in developing platforms, collaborating closely with global stakeholders, and managing large teams. She is currently the Country Head,…

VilCart raises $18 mn to expand operations

VilCart, the rural economy-focused technology startup, has raised $18 million (Rs 144 crore) from investors to expand operations, according to PTI report. The company raised this amount in a Series A funding round led by Asia Impact SA. Nabventures Fund and Texterity Pvt Ltd also participated in the round, VilCart said in a statement. With…

Xoxoday appoints Stephen Humphreys as Business Head, UK & Europe

Xoxoday, a global SaaS Fintech company at the forefront of building rewards, incentives, loyalty, & engagement infrastructure for businesses, announced it has recently onboarded veteran Stephen Humphreys as Business Head, UK & Europe to elevate customer experience with a glocal approach, scale the business, and further its global ambitions. In a career spanning over 35 years, Stephen has successfully…

Sage IT appoints Srini Gajula as Chief Solutions Officer

Sage IT, an emerging leader enabling organizations’ digital transformation and optimization, announced the appointment of Srini Gajula as Chief Solutions Officer at their corporate headquarters in Frisco, TX. Sage IT combines technology expertise with industry knowledge to further customers’ transformation goals and enhance their business results. Sage IT has built a reputation of being a…

Logistics management company Locad raises $11 mn in Series A funding

Logistics management company Locad said it has raised $11 million in a Series-A funding round led by Reefknot Investments, a fund anchored by Temasek and logistics powerhouse Kuehne & Nagel, according to Business Standard report. The funding round also saw participation from returning investors Sequoia India and Southeast Asia’s Surge, Febe Ventures, Antler, as well as new…

Schneider Electric named as a ‘Lighthouse’ in Diversity, Equity & Inclusion by the World Economic Forum

Schneider Electric, a digital transformation of energy management and automation company, has been named as a Global Parity Alliance Diversity, Equity and Inclusion (DEI) Lighthouse for its Global Pay Equity (GPE) initiative, by the World Economic Forum’s (WEF) Centre for the New Economy and Society. This award recognizes Schneider Electric’s efforts to promote inclusion and…

Purple Quarter appoints Ved Prakash as Regional CEO

Global Bespoke CTO Search Firm, Purple Quarter announced Ved Prakash as the Regional CEO to oversee its operations in the newly expanded APAC, Europe and US markets. Roopa Kumar, Group CEO & Founder shared on the appointment, “Purple Quarter’s vision is to empower businesses and global leaders to accelerate their growth journey. We’re excited to welcome Ved Prakash…

RattanIndia Enterprises completes 100% acquisition of EV company Revolt Motors

RattanIndia Enterprises Limited has completed acquisition of 100% shareholding in the electric motorcycles market leader Revolt Motors. Henceforth, Revolt Motors will be 100% wholly owned subsidiary of RattanIndia Enterprises Ltd. Revolt Motors is the highest selling electric bike in the country with its manufacturing facility in Manesar, Haryana. Revolt Motors has expanded its footprint pan-India…

Whirlpool appoints Narasimhan Eswar as Managing Director, Whirlpool India

Whirlpool announced the appointment of Narasimhan (Nachi) Eswar as Managing Director of Whirlpool of India Limited (Whirlpool India), effective April 4, 2023. Eswar’s appointment comes as Vishal Bhola, current Managing Director, Whirlpool India, has decided to leave the company to pursue other interests. Eswar will be joining Whirlpool on March 1, 2023, and Bhola will…