Clearwater Analytics Holdings, Inc., a provider of SaaS-based investment accounting, reporting, and analytics solutions, completed its previously announced acquisition of JUMP Technology, a Paris, France-based provider of investment management software. With the addition of JUMP Technology, Clearwater Analytics positions itself to become an industry-leading provider of innovative, end-to-end solutions to investment management companies globally, a statement said. Companies…
WNS (Holdings) Limited, a provider of global Business Process Management (BPM) solutions, announced the launch of its newest delivery center in Visakhapatnam (Vizag), Andhra Pradesh. This center will further strengthen WNS’ existing capabilities in delivering digital-first industry-specific solutions for diverse industries, including Shipping and Logistics, Healthcare, Banking and Financial Services, Insurance and High-Tech and Professional…
Accenture has made a strategic investment, through Accenture Ventures, in KETOS, Inc., a data intelligence innovator that uses a proprietary technology platform to help organizations monitor and address water efficiency and quality. KETOS is the latest company to join Accenture Ventures’ Project Spotlight, an engagement and early investment program that connects emerging technology startups with the Global 2000…
Britannia Industries Ltd. (BIL), India’s leading Food Company and Bel, the renowned French cheese maker and major player in healthy snacking, announced that they have entered into a joint venture to offer Indian consumers a world-class range of nutritious, delicious and accessible cheese products. Bel shall acquire 49% stake in Britannia’s wholly owned subsidiary BDPL…
Dynamatic Technologies Limited has a 15-year-long association with one of the world’s leading aerostructure companies, Spirit AeroSystems, and has been producing a large volume of flight-critical assemblies and detail parts for them. Dynamatic Manufacturing Limited, a subsidiary of Dynamatic Technologies Limited, has just signed a long-term contract with Spirit AeroSystems to manufacture detail parts for…
Bureau, the leading full-stack identity decisioning platform for financial institutions and fintech companies, announced the appointment of Preekshit Gupta as Regional Vice President for APAC and MEA. With his appointment, Bureau aims to strengthen its presence in India and expand its reach across international markets. Preekshit brings over 20 years of experience in the identity,…
AGIC Capital (AGIC), a growth-oriented private equity firm with $2.2 billion of assets under management, announced that it had acquired a majority stake in ATEC Pharmatechnik GmbH (ATEC). The sellers, ATEC’s founder & CEO, Hans-Werner Mumm, and family-backed Mittelstand investor HANNOVER Finanz Group, will remain invested in the Company, and Hans-Werner Mumm will continue to…
Software provider Prismforce, which helps IT companies digitise their talent supply chain, has raised $13.6 million from investors led by Sequoia Capital India, according to ETtech report. Prismforce said it will utilise the funds to enhance its product suite, strengthen its go-to-market capabilities and grow its talent base. Earlier, Prismforce had raised $1.8 million in…
Hinduja Global Solutions (HGS), a digital-led CX transformation leader for the world’s most admired brands, announced the opening of a new multilingual customer experience (CX) hub in Colombia to support customers with English, Spanish, and Portuguese CX requirements. Located in Barranquilla on the northern coast of the country, the new modern contact center location opens…
Zeon Lifesciences, an Indian nutraceutical and herbal product manufacturer upgrades its Paonta sahib plant to boost production and aims to create more job opportunities with the goal of focusing on new innovations and research advancements in India’s nutraceutical industry. New developments have occurred at the existing plant as a result of plant advancement, such as…
DHL Express, the world’s leading international express service provider, has strengthened its network in the Delhi-NCR region with the expansion of Faridabad service center. Inaugurated by John Pearson, CEO, DHL Express, this is DHL Express India’s eighth service center in Delhi/NCR region and 53rd in the country. The sustained expansion is in line with the company’s commitment…
Hyatt Hotels Corporation and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels and Unscripted Hotels brands, with properties in some of the world’s most prominent hotel markets across the Americas, Europe and Asia. This asset-light acquisition will include a portfolio of…
Hinduja group flagship Ashok Leyland has appointed Sanjay V. Jorapur as its president and head-human resources, according to PTI report. Jorapur succeeds Amanpreet Singh, who would now move on to a senior role at the Hinduja Group in Mumbai. “Sanjay joins a strong leadership team and brings close to three decades of rich experience to…
Cummins India has been recognized as a “Gold” employer in the India Workplace Equality Index (IWEI) Top Employer 2022. The award was conferred to recognize the company’s efforts in fostering a safe and inclusive workplace for the LGBT+ individuals through organization policies, diversity initiatives, external communication, and demonstrating transformation and impact over time. IWEI is India’s only…
Locus Robotics, a leader in autonomous mobile robots (AMR) for fulfillment and distribution warehouses, announced more than $117 million in Series F funding, led by Goldman Sachs Asset Management and G2 Venture Partners. As part of the financing, Mark Midle, Managing Director, Goldman Sachs, and Zach Barasz, Partner, G2 Venture Partners, will join the Locus Board of Directors, bringing…