Category: News

Zoomcar appoints Ashu Singhal as Chief Technology & Product Officer

Zoomcar, a marketplace for car sharing in emerging markets, announced the appointment of Ashu Singhal as its Chief Technology & Product Officer. In his new role, Singhal will be overseeing the overall product strategy and engineering execution to deliver excellent customer experience across all the markets where Zoomcar operates. He will be directly responsible for…

Colliers appoints Luke Dawson to lead Global Capital Markets

Leading diversified professional services and investment management firm Colliers announced the appointment of Luke Dawson as Head of Global Capital Markets. Dawson will set the global strategic agenda for Colliers Capital Markets, which includes advising clients, providing value-added services to accelerate clients’ investment strategies, and connecting capital with opportunities across all asset classes around the…

Capgemini announces top leadership appointments

Capgemini announced two new Group Executive Board positions that reinforce its strategic focus of bringing business value to clients through its deep industry and sustainability capabilities. Jerome Simeon, previously CEO of the Southern Europe Strategic Business Unit, is now Head of Global Industries. In this new position Jerome will bring together Capgemini’s strong industry expertise across the world to meet the specific transformation…

Kotak Securities invests Rs 5cr in fintech startup Banksathi

Kotak Securities has invested Rs 5 crore in Bengaluru-based fintech Banksathi by leading its pre-series-A round funding, according to PTI report. Kotak Securities in the recent past has made four strategic investments and two acquisitions in the startup space. While it has invested in Stockedge, eLearn Markets, Flipit Money and Multiple, its recent two acquisitions…

Avestar Capital appoints Shilpa Mullan Konduri as President

 The Board of Atash Holdings announces Shilpa Konduri Mullan as the President of the subsidiary – Avestar Capital. Shilpa’s responsibilities as President include making key decisions related to business strategy, compliance, talent management, and corporate governance. As a Director on the Board of Atash Holdings, Shilpa will also be involved in new initiatives to enhance the firm’s partnership…

Tata Passenger Electric Mobility Ltd completes acquisition of Ford India’s Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Limited (TML), and Ford India Private Limited (FIPL) had executed a Unit Transfer Agreement on August 7, 2022 for acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings (Sanand Property); (ii) Vehicle Manufacturing Plant along with…

actyv.ai raises $12 mn as part of pre-Series A funding round

actyv.ai, a Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has raised a total of $12 million as part of Pre-Series A funding round from 1Digi Ventures, Singapore, the family office of Raghunath Subramanian, Founder and Global CEO of the company. This includes an earlier tranche of $5 million…

D2C chutney brand Spice Story elevates Vibhor Rastogi as Co-Founder

Spice story, India’s first and leading D2C chutney brand, has elevated its Head of New Product Development and Quality Control, Vibhor Rastogi, as Co-Founder and Head (Product Development).  A trained chef from the Institute of Hotel Management IHM-Dadar, Vibhor has worked with some leading hospitality chains such as Taj Hotels & Godrej & Boyce, before joining Global Value Foods, the holding company of Spice Story, the statement said. Vibhor has been part of the leadership team at Spice Story and has played a pivotal role in building…

Nanoprecise Sci Corp raises $10 mn in Series B investment

Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors. The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions. Founded in 2017 by CEO Sunil Vedula, the core team of Nanoprecise comprises…

Tigo Energy announces $50 million capital raise to support growth initiatives

Tigo Energy, Inc. (Tigo), a leading provider of intelligent solar and energy storage solutions, has signed a definitive agreement with L1 Energy for the purchase of $50 million of newly issued Convertible Notes to support the Company’s future growth opportunities through the deployment of its intelligent solar and energy storage solutions and repayment of existing debt.…

Lendingkart onboards Manik Dham as Sr. Director of Engineering

Leading digital lending platform, Lendingkart, announced the appointment of ex-Rupeek techie, Manik Dham as the Senior Director of Engineering. Giridhar Yasa, CTO, Lendingkart shared, “We are delighted to welcome Manik Dham to the team. I am confident that Manik’s expertise will accelerate our already expanding technology infrastructure and further enable Lendingkart’s tech-forward growth. As the Sr. Director of Engineering,…

IndiGrid Investment Managers CFO Divya Bedi Verma resigns

IndiGrid Investment Managers Limited announced that Divya Bedi Verma has resigned from the role of Chief Financial Officer of the company, with effect from April 10, 2023. According to the company’s exchange filing, “we wish to inform you that Ms. Divya Bedi Verma has resigned as Chief Financial Officer (CFO) of IndiGrid Investment Managers Limited…

Avendus appoints Sumit Dayal as Independent Non-Executive Director in Singapore

Avendus, one of India’s leading institutional financial services companies, announced the appointment of Sumit Dayal as Independent Non-Executive Director in Singapore today. He will provide guidance and corporate governance oversight as a Board member to Avendus Capital Pte. Limited (Singapore). A seasoned banker with over 30 years of corporate and investment banking experience, spent 16…