The board of directors of Shriram Asset Management Company Ltd. has approved the appointment of Kartik Jain as its new MD and CEO. The appointment is subject to regulatory and shareholder approvals. Shriram AMC is part of the Shriram Group, a financial conglomerate that manages assets more than Rs 2.25 lakh crore. In August 2022,…
Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in NOVELIC, a Serbia-based company founded in 2012, that is a leading provider of mmWave radar sensors, perception solutions and full-stack embedded systems. ADAS sensors are a fast-growing…
Inspera, the global digital assessment and proctoring SaaS provider, has announced Andrew Cons as its new Global CEO, succeeding founder and visionary Bjørn Rustberggaard. Andrew has over 20 years of global executive leadership experience, most recently as a founding member and CEO of Europe for insurtech unicorn bolttech. He has an extensive track record in building and transforming companies, which…
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled at the Alibaba Cloud Singapore Summit 2023 its first international product innovation center and partner management center, to further enhance customer services and better facilitate customers’ digitalization journey. The new Product Innovation Center will help facilitate future roadmaps for developing more market-specific solutions,…
Happiest Minds Technologies Limited, a ‘Born Digital. Born Agile’, Mindful IT Company, announced that it has won the “Best Governed Company in Listed Segment: Medium Category – National Awards for Excellence in Corporate Governance” and Company Secretary, Praveen Kumar Darshankar was presented with the “Governance Professional of the Year” award at the 22nd edition of…
Google has funded homegrown agritech startup Cropin in its latest Rs 113 crore round that also saw participation from JSR Corporation and existing investors ABC Impact and Chiratae Ventures, according to IANS report. The funds will aid in expanding Cropin Cloud, the company’s intelligent agriculture cloud platform, to cater to the growing demand for digitisation and predictive intelligence…
The Good Glamm Group, South Asia’s largest content-to commerce conglomerate, has further extended its partnership with Delhivery, India’s largest fully integrated logistics provider, to implement end-to-end supply chain solutions and increase its customer satisfaction. As their long-standing supply chain partner, Delhivery has customized its services to complement the brand’s rapid growth and evolving logistics requirements.…
Google-backed Adda247, a government job preparation app, has announced the elevation of Chandan Singh to Co-founder from being the company’s Chief Product Officer. This change in the leadership team has been made based on his contribution and commitment to the company’s vision, a statement said. Chandan Singh who joined Adda247 in 2019 as VP- Product,…
LG Electronics, an innovator and global leader in technology and consumer electronics, announced Daniel Song as the new brand president for Brazil operations effective January 2023. The announcement was made during CES 2023, the world’s largest technology fair, which takes place in Las Vegas , United States, in January. Daniel Song , who has been working for the company for…
India’s home-grown Paytm Payments Bank Limited (PPBL) has appointed veteran banker Surinder Chawla as its new Managing Director (MD) and Chief Executive Officer (CEO). The appointment has been approved by the Reserve Bank of India for a period of three years, a statement said. Chawla brings with him an illustrious career in Retail Banking spanning…
Electric vehicle (EV) charging startup ElectricPe has raised $5 million, led by Green Frontier Capital, Blume Ventures, and Micelio Fund, according to ETtech report. Dubai-based NB Ventures, Anchorage Capital Partners, Supermorpheus, and Climate Angels also participated in the funding round. “The funding will be used to improve our technology and also expand to cities outside…
Provention Bio, Inc., a biopharmaceutical company dedicated to intercepting and preventing immune-mediated diseases, announced the appointment of Rita Jain, M.D., to the Company’s Board of Directors. Dr. Jain is a biotechnology industry veteran with more than two decades of experience in pharmaceutical development across her time with ChemoCentryx, Inc., AbbVie, Abbott Laboratories, and G.D. Searle and…
KKR, a global investment firm, has appointed Harald Dürr as a Managing Director for KKR’s Client and Partner Group (CPG) to lead the firm’s Family Capital client business in the DACH region. In his role, Harald Dürr will focus on promoting KKR’s offering for family offices and further contribute to the positioning of KKR in the DACH region.…
Homegrown sustainable baby essentials and apparels brand, A Toddler Thing, is a homegrown brand based out of Coimbatore, with the aim of creating a culture of sustainable and eco-friendly living. Their product lines include GOTS and CPSIA certified clothing and a wide range of Organic Muslin essentials and apparels carefully designed to keep babies comfortable and…
Schneider Electric, the global leader in digital transformation of energy management and automation, has appointed Manish Pant as the new Executive Vice-President for its International Operations, effective 1st November 2022. Prior to the appointment, Manish Pant was President of East Asia & Japan Zone from 2021 to 2022, where he spearheaded commercial operations across 14 countries including…