Gurugram-based consumer nutrition platform, HealthKart, has raised $135 million in a Series H financing round led by Temasek. The startup will utilise the funding to expand in international markets and shore up cash to buy firms. The startup, which also counts Sequoia India, Sofina and IIFL among its backers, has raised about $225 million to…
GetSetUp, a virtual social learning platform for older adults, announced the appointment of Ashwini Kapila, experienced banker and former FIG Head of Barclays, as Managing Director, Business Development and Partnerships for India. Kapila has been an early advisor to the company and brings on board his rich experience of leading business growth of close to…
Global aerospace company, Boeing, announced that Dr. Brendan Nelson AO will take over as president of Boeing International (BI) and lead the company’s international strategy and corporate operations. The former Australian diplomat and government minister will succeed Sir Michael Arthur when he retires from Boeing in early 2023 after five decades of service in the public and…
Infosys, a global leader in next-generation digital services and consulting, announced a new proximity center in Sweden. With this investment, Infosys aims to enhance its localization strategy in the Nordics by bringing next-generation digital offerings to its clients in the region, as they navigate the next stage in their digital journeys, a statement said. Over the…
Bharti Airtel (Airtel), India’s premier digital communications solutions provider, and Meta Platforms, Inc. (Meta) announced a collaboration to support the growth of India’s digital ecosystem. Airtel and Meta will jointly invest in global connectivity infrastructure and CPaaS based new-age digital solutions to support the emerging requirements of customers and enterprises in India. Foundational connectivity infrastructure…
Dabur International Limited, a material subsidiary of Dabur India Limited, announced the appointment of Raghav Agrawal as CEO. He succeeds Krishan Kumar Chutani, who has resigned from the role of CEO, with effect from February 28, 2023. According to the company’s exchange filing, “), we wish to inform that Mr. Krishan Kumar Chutani, Chief Executive…
Bengaluru-based startup KreditBee has raised $80 million as part of its ongoing Series D round from existing investors Azim Premji’s Premji Invest, Motilal Oswal Alternates, TPG-backed NewQuest Capital Partners, and Mirae Asset Ventures. MUFG Bank also participated in the current funding round. The company will use the funds to diversify its product portfolio and strengthen…
Vertices Partners announced a further expansion in the firm’s offerings with the latest addition to its partnership. Rajat Agarwal, along with his team, has joined the Vertices Family as a Partner. He brings with him extensive experience and expertise in Banking & Finance and Dispute Resolution practices. Based out of its Mumbai headquarters, the newly…
Salesforce announced that Bret Taylor will step down as Vice Chair and Co-CEO of Salesforce, effective January 31, 2023. At that point, Marc Benioff will be Chair and CEO of the company. “I am grateful for six fantastic years at Salesforce,” said Taylor. “Marc was my mentor well before I joined Salesforce and the opportunity…
Freshworks Inc., a software company empowering the people who power business, announced the appointment of Jason Loomis as Chief Information Security Officer. With this appointment, the company bolsters its senior technical leadership as it continues to put the power of software back in the people’s hands with applications easy enough for everyone to use, a statement said.…
ACC Limited, a part of Adani Cement and one of India’s leading producers of cement and readymix concrete, announced it has appointed Ajay Kapur as Chief Executive Officer and Non-Executive Director on the company’s Board, with effect from December 3, 2022. He succeeds Sridhar Balakrishnan, who has resigned from the position of Whole-Time Director and…
Onward Technologies Limited, a Digital & Engineering Services company, announced that Devanand Ramandasani has resigned from the role of Chief Financial Officer of the company, with effect from December 23, 2022. According to the company’s exchange filing, “this is to inform you that Mr. Devanand Ramandasani, Chief Financial Officer (‘CFO’) of the Company, has tendered…
CoutLoot, a non-grocery and non-MRP retail aggregator, has announced the appointment of Nicky Sidhwani as Vice President -Technology. In this new role at CoutLoot, Nicky would be heading the technology and product verticals to create and deploy innovative solutions that will help millions of small-time sellers grow their online presence and strengthen their offline business processes. With over 13 years of experience in entrepreneurship, technology and consulting, Nicky has worked with…
Global professional services company, Accenture, announced the promotion of 1,214 people to managing director, and the appointment by Julie Sweet, Accenture chair and chief executive officer, of 119 people to senior managing director. The company also reported its progress on increasing gender representation globally, as well as race and ethnicity representation in the US, the UK…
Global investment firm, KKR, announced a newly promoted group of 27 Managing Directors, effective January 1, 2023. “We are pleased to recognize this group of accomplished and talented senior leaders, whose progression to Managing Director is the culmination of years of hard work. These individuals have distinguished themselves by the way they exemplify our culture and…