Category: News

Firstsource Solutions appoints Utsav Parekh to its Board

Firstsource Solutions Limited, a leading provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, announced the appointment of Utsav Parekh as Additional Director on the company’s board, with effect from November 2, 2022. According to the company’s exchange filing, “we hereby inform you that the Board of Directors of the Company…

L&T Technology Services inaugurates engineering R&D center in Canada

L&T Technology Services Limited (LTTS), a global pure-play engineering services company, announced the unveiling of its Engineering Research & Development (ER&D) Center in Toronto, Ontario (Canada), marking its third nearshore global design center in two quarters. The ER&D Center in Toronto will initially focus on developing digital solutions for the transportation sector including railway engineering,…

SEE announces acquisition of Liquibox

Sealed Air (SEE) announced that it has signed a definitive agreement to acquire Liquibox, a pioneer, innovator and manufacturer of Bag-in-Box sustainable Fluids & Liquids packaging and dispensing solutions for fresh food, beverage, consumer goods and industrial end-markets. This acquisition is highly complementary to Cryovac Fluids & Liquids business, the fastest growing area for SEE.…

LIC HFL appoints Ashwani Ghai as Additional Director

LIC Housing Finance Limited (LIC HFL), one of the largest housing finance companies in India, announced the appointment of Ashwani Ghai as an Additional Director on the company’s board, with effect from November 1, 2022. According to the company’s exchange filing, “we wish to inform you that based on the recommendation of the Nomination and…

JK Tyre & Industries appoints Subhrakant Panda to its Board

JK Tyre & Industries Limited announced the appointment of Subhrakant Panda to its Board of Directors, with effect from November 2, 2022. According to the company’s exchange filing, “we have to inform you that the Board of Directors of the Company at their meeting held on 1st November, 2022, appointed Shri Subhrakant Panda (DlN: 00171845)…

Syndio appoints Milan Parikh as Chief Financial Officer

Syndio, the world’s leading Workplace Equity Analytics Platform, announced that Milan Parikh joined the company as Chief Financial Officer. Parikh brings three decades of private and public company finance experience to Syndio as it continues to scale its fast growing business. Through its suite of products and services, including landmark products PayEQ and OppEQ, Syndio provides technology and expert guidance to help…

Burjis Godrej joins Godrej Agrovet board as Executive Director

Godrej Agrovet Limited, one of India’s largest diversified agri-business, announced that Burjis Godrej has joined as Executive Director on the company’s Board, with effect from November 1, 2022. According to the company’s exchange filing, “we would inform you that pursuant to the approval granted by the Shareholders of the Company at their 31st Annual General…

Volocopter raises additional $ 182 mn in second signing of Series E financing round

Volocopter, the pioneer of urban air mobility (UAM), has raised an additional USD 182 million in the second signing of its Series E funding round. NEOM – the Red Sea’s smart, cognitive region project – and GLy Capital Management of Hong Kong have joined Volocopter’s diverse investor base. “Attracting NEOM And GLy as investors is a great success…

Trace raises $3.5 mn; appoints Abhyudoy Das as their adviser

Play-To-Earn NFT Metaverse project, Trace recently raised over US$3,000,000 in a closed round of seed investments; through private investments by HNI investors. Additionally Trace also raised an additional 500K USD through NFT Sales on the platform. These investments shall be used to develop the Metaverse, work on marketing and acquisitions, as well as brand development. The project, currently a host…

E-Gaming Federation appoints Dr. Aruna Sharma and Satish Mathur on its advisory board

E-Gaming Federation (EGF), an organization representing online gaming operators in India, has recently appointed Dr. Aruna Sharma, (former Secretary, Ministry of Electronics and IT Government of India and a development economist,) and Satish Mathur, (former Director General of Police of Maharashtra) on its advisory panel. In their roles, the senior professionals will advise EGF on responsible gaming,…

PA Media Group acquires social media agency Hydrogen

PA Media Group has acquired Hydrogen, Scotland’s largest specialist social media agency. Hydrogen is an award-winning agency managing social media campaigns and communications for a range of brands and which will complement the services offered by existing PA Media Group businesses. Hydrogen is based in Glasgow and has delivered significant year-on-year growth since its formation in 2016. It has…

MOIL names Usha Singh as Chairperson-cum-Managing Director

State-owned manganese ore mining company MOIL Limited has named Usha Singh, Director (Human Resource), as Chairperson-cum-Managing Director of the company, with effect from November 1, 2022. She succeeds M. P. Chaudhari, who has attended the age of superannuation on October 31, 2022. According to the company’s exchange filing, “Further, as per order no. F.No.4/1/2021-BLA dated…

Wow! Momo elevates its CMO Muralikrishnan as Co-Founder

Wow! Momo Foods that operates with 3 Brands; Wow! Momo, Wow! China and Wow! Chicken, elevates CMO Muralikrishnan as Co-founder. With this development, Murali also became part of the company’s board. Murali has been associated with Wow! Momo since inception; however officially joined the founders in the year 2018. Murali began by leading the store-level…

Icertis secures $150 mn from Silicon Valley Bank

Icertis, the contract intelligence company, announced it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds will enable Icertis to further extend the company’s leadership position in the burgeoning CLM category by accelerating the application of transformational technologies like artificial intelligence, machine learning,…