Category: News

KPS Capital Partners promotes Rahul Sevani to Partner

KPS Capital Partners, LP (KPS) announced that Rahul Sevani has been promoted to Partner. Michael Psaros and David Shapiro , Co-Founders and Managing Partners of KPS, along with Managing Partner Raquel Vargas Palmer, said in a joint statement: “We congratulate Rahul on this milestone. Rahul’s contributions to KPS over the past decade have been truly extraordinary. Rahul is…

Yogesh Gupta and Rupal Hollenbeck join Blackbaud’s board

Blackbaud, the world’s leading cloud software company powering social good, appointed two new directors to its board. Yogesh K. Gupta, president and CEO, Progress Software Corporation, and Rupal S. Hollenbeck, chief commercial officer, Check Point Software Technologies, have joined Blackbaud’s board of directors. In addition, Timothy Chou, Ph.D., and Joyce M. Nelson have retired from the Blackbaud board, a statement…

TMB appoints Kanuj Malhotra as Chief Financial Officer

TMB, the leading community-driven entertainment company with a global audience of over 200 million consumers, announced its appointment of Kanuj Malhotra as chief financial officer. Malhotra will take over the chief financial officer position following the retirement of previous CFO Dean Durbin, who has held the position since 2016, a statement said. Joining TMB with over…

IBM and Rapidus Form Strategic Partnership to Build Advanced Semiconductor Technology and Ecosystem in Japan

IBM and Rapidus announced a joint development partnership to advance logic scaling technology as part of Japan’s initiatives to become a global leader in semiconductor research, development, and manufacturing. Rapidus Corporation researches, develops, designs, manufactures, and sells advanced logic semiconductors, and was established with the endorsement of major Japanese companies. As part of this agreement, Rapidus and…

NowVertical Group to acquire UK-based Acrotrend and Smartlytics

NowVertical Group Inc. (NOW), the VI software and solutions company, announced that it has entered into a definitive agreement to acquire 100% of the issued and outstanding securities of two U.K. based data analytics solution providers, Acrotrend Solutions (Acrotrend) and Smartlytics Consultancy (Smartlytics) for total gross consideration of US$6.45 million, subject to customary post-closing adjustments.…

TCS ties up with Gujarat Government to impart digital skills in schools

Tata Consultancy Services (TCS) announced it is partnering with Samagra Shiksha, Gujarat Council of School Education (SS – GCSE), Government of Gujarat, to train school students as well as teachers in new-age digital skills such as computational and design thinking. Under this partnership, TCS’ Corporate Social Responsibility (CSR) program will bring the company’s flagship global…

Biocon appoints Peter Bains as Independent Director

Biocon Limited announced the appointment of Peter Bains as Independent Director on the company’s Board, with effect from December 12, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, (‘SEBI Listing Regulations’) and in continuation to our letter dated November 14, 2022, wherein it…

Mondelēz International expands partnership with HCLTech for digital transformation

HCL Technologies (HCLTech), a global technology company, announced an expanded multi-year contract with Mondelēz International, to enhance Mondelēz International’s cybersecurity and transform digital workplace services globally. To support its hybrid workplace model, Mondelēz International deployed HCLTech’s top rated BigFix platform to automate the discovery and remediation of potential vulnerabilities, ensuring all endpoints – including servers, mobile devices…

actyv.ai appoints Sanjeev Chhabra as Chief Growth Officer

actyv.ai, a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has announced the appointment of Sanjeev Chhabra as its Chief Growth Officer to drive global expansion.  Sanjeev Chhabra, an IIT (Bombay) and IIM (Ahmedabad) alumnus, is a corporate banker with more than 25 years of experience in client management and credit…

upGrad appoints Brijesh Nain as Business Unit Head, Paras Jhaveri as VP – Finance

upGrad, Asia’s largest higher Edtech Company, has announced two strategic appointments to further strengthen its domestic footprints, effective November 2022. Brijesh Nain and Paras Jhaveri have joined the global higher edtech company as the Business Unit Head and Vice President – Finance, respectively. Nain, in his new role, will focus on strengthening upGrad’s Sales and Marketing…

TCS and Vodafone UK Win the DevOps2022 Industry Award

Tata Consultancy Services (TCS) and Vodafone have won the DevOps2022 Industry Award under the category Best Use of Security in a DevOps Project and were highly commended at the UK IT Industry Awards in the category Best Technology Refresh Project. The telco partnered with TCS to build an end-to-end DevSecOps framework for provisioning, assurance, and…

Shriram Asset Management CFO Chandana Dutt resigns

Shriram Asset Management Company Limited announced that Chandana Dutt has resigned from the role of Chief Financial Officer of the company, with effect from December 12, 2022. Jaya Innani has been appointed new CFO of the company, with effect from December 12, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 of the…

Innocus Global Group invests in blockchain company Fingerlabs

Innocus Global Group, the company behind the Fellaz project, a Singapore-Based Web3 entertainment ecosystem, announces investment in Fingerlabs, the blockchain company owned by FSN, a South Korean digital marketing powerhouse. This investment discussion was initiated in October this year during the meeting between the president of FSN, Lee Sang-Seok, and CEO of Fellaz, Bobby Bhatia,…

Schneider Electric appoints Robert Cain as Chief Information Officer for North America

Schneider Electric, the leader in the digital transformation of energy management and automation, has appointed Robert (Bobby) Cain as Chief Information Officer (CIO) for its North America region. As the newly appointed regional CIO, Bobby will be tasked with driving digital transformation and IT landscape evolution to support Schneider Electric’s North America operations and business growth. His responsibilities will include ensuring…

Innoviti onboards Debashree Basu as SVP & Head of Marketing & Communication

Innoviti Technologies (formerly, Innoviti Payment Solutions), a collaborative commerce platform has appointed Debashree Basu as their Head of Marketing & Communications, to lead the company’s latest transformation initiatives, and manage the marketing and corporate communications mandate in India. Basu will take on the role of Senior Vice President, Marketing & Communications at Innoviti India and will be a part…