Category: News

Union Bank of India names Anil Kuril as Chief General Manager

Union Bank of India Limited announced the appointment of Anil Kuril as Chief General Manager of the Bank, with effect from March 2, 2024. According to the Bank’s exchange filing, “In terms of Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Shri Anil Kuril,…

Boldyn Networks closes acquisition of Cellnex’s private networks business

Boldyn Networks (Boldyn) announced the close of its acquisition of Cellnex’s private networks business unit. This largely includes Edzcom, a Finnish pioneer and European market leader that designs, builds, and operates private 4G and 5G networks across enterprise customers in the manufacturing, transport hubs, oil and gas, energy generation, and mining industries. With this acquisition, Boldyn is…

Sinch India appoints Sunder Madakshira as Head of Marketing

Sinch India, a leader in cloud communications and mobile customer engagement, announced the appointment of Sunder Madakshira as the Head of Marketing for its operations in India. With a career spanning over 25 years in leadership roles across sales and marketing, Sunder brings a wealth of experience and a proven track record of driving successful…

WebMD Health Corp. acquires Healthwise

WebMD Health Corp., an Internet Brands company and a leader in health information services for consumers, physicians and other healthcare professionals, announced it has joined forces with Healthwise, Incorporated, the patient and member health education and engagement company, through the acquisition of Healthwise’s current operating assets. Healthwise delivers a powerful offering of consumer health content…

Silence Laboratories raises $4 mn funding led by Pi Ventures

Silence Laboratories, which builds products to help enterprises and companies ensure data privacy through technologies like multiparty computation (MPC), has raised $4.1 million in a funding round, according to ETtech report. The round was led by Pi Ventures and Kira Studio, along with other angel investors. The newly-acquired funds are earmarked for scaling up its…

Rajiv Kaul increases stake in CMS Info Systems to over 6%

CMS Info Systems (CMSINFO), a leading business services platform has announced that Rajiv Kaul, Executive Vice Chairman, Whole Time Director and CEO has increased his stake in the company from 2.62% to 6.20%. Baring Private Equity Asia (Sion Investment Holdings) acquired a 100% stake in 2015 from Blackstone Private Equity (Blackstone FP Capital Partners) and…

SG Analytics appoints Dr. Das Dasgupta to its Advisory Board

SG Analytics, a global data solutions firm, announced the appointment of Dr. Das Dasgupta to its Advisory Board. This strategic move promises to fortify SG Analytics’ Data Strategy and Data Analytics offerings for the dynamic Media & Entertainment industry worldwide. Dr. Dasgupta’s role will be pivotal in enhancing and streamlining SG Analytics’ data analytics &…

Russell Reynolds Associates appoints Puneet Kalra as Head of India practice

Russell Reynolds Associates, a global leadership advisory and search firm, announced that the firm has appointed Puneet Kalra as the Head of India practice, taking over the leadership role from Sachin Rajan, effective 1st  March 2024. With a very successful run since opening the India offices in 2006, Russell Reynolds Associates (India) has undertaken over 2,000 assignments partnering with several leading clients in…

Graybar acquires Blazer Electric Supply

Graybar, a distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, announced that it will acquire Blazer Electric Supply, based in Colorado Springs, Colorado, effective March 1, 2024. Blazer Electric Supply is an electrical distributor that serves construction, commercial, institutional, and industrial customers. The company was founded in…

Driver Logistics appoints Naveen Kolathur as Chief Operating Officer

Driver Logistics, one of the fastest growing logistics companies in India, announced that Naveen Kolathur has been appointed as its Chief Operating Officer. Kolathur has over 28 years of leadership experience in the logistics and supply chain industries of which over 22 years have been with DHL in senior roles in the US, Singapore and…

Hester Biosciences names Dr. Ram Prakash as COO

Leading animal healthcare company Hester Biosciences Limited announced the appointment of Dr. Ram Prakash, SVP – Sales & Marketing, as Chief Operating Officer of the company, with effect from March 1, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read…

Mobility platform IntrCity raises Rs 37cr in funding

Mobility platform IntrCity said it has raised Rs 37 crore in a funding round led by Mirabilis Investment Trust, part of the family office of Infosys cofounder K Dinesh, according to ETtech report. The funding round also saw participation from existing investors like Nandan Nilekani’s family trust, Omidyar Network India and Ujamaa Ventures. The firm…

BounceBit raises $6 mn in seed funding round

BounceBit has closed a $6-million funding round led by prominent venture capital firms Blockchain Capital and Breyer Capital. “We’re thrilled to lead the seed round for BounceBit as they’re pushing the frontiers of BTC Restaking and yield generation,” said Ted Breyer, Partner at Breyer Capital. “There is a huge opportunity to bring DeFi and other innovations to the Bitcoin community through BTC…