‘Proof of Work’ Platform Belong.Education acquires Pune-based Intern Hiring platform InternIn to expand into Tier-II and tier-III cities. Aiming to tap the Early Talent Hiring market in India, HRTechstartup Belong acquired the country’s 2nd largest intern hiring platform – InternIn for an undisclosed amount on Friday. Starting with 3 colleges and 5 startups in May…
Electric two-wheeler mobility platform, eBikeGo, has appointed Ivan Contreras as CEO to lead its international expansion. Contreras comes with knowledge and experience of aerospace, automotive, transportation, new materials, mobility services, EV devices, IoT devices, Augmented Reality and other evolving fields, according to a statement. Prior to joining eBikeGo, Contreras worked for Torrot as CEO. Previously,…
PDS Limited (PDS), the global fashion infrastructure company acquires a 51% stake in Delhi-based end-to-end design solutions company, DBS Lifestyle (DBS). DBS Lifestyle LLP, founded by Divya Suri and Bhawnish Suri, is a design-led company catering to fashion and home categories. DBS owns over 20,000 original textile designs and patterns and adds nearly 2500 artworks…
Skydance Media (Skydance) announced the completion of a $400 million strategic investment round led by KKR and joined by The Ellison family who remain the Company’s majority shareholders. Existing investors RedBird Capital Partners and Tencent also participated in the fundraise, which values Skydance at over $4 billion. The addition of KKR as a new strategic…
HelpSystems, a leading software company, announced the appointment of Raghunandan Koushik as Regional Director for India and SAARC countries. In his new role, Koushik will be responsible for optimising regional channel partnerships to fully support customers with an extensive portfolio of cyber security software solutions, according to a statement. Koushik comes with 25 years of…
Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, has raised $15 million in Series A round of funding led by Pulsar Capital, 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman (founder of Thrasio) and Rajan Navani (JetLine Group of Companies). Assiduus’ spokesperson said about the event, “We are pleased to have received such a significant backing from such eminent funds, especially…
Accenture and Google Cloud announced an expansion of their global partnership through a renewed commitment to growing their respective talent, increasing their joint capabilities, developing new solutions using data and AI, and providing enhanced support to help clients build a strong digital core and reinvent their enterprises on the cloud. Today, more than 13,000 skilled Accenture…
Achronix Semiconductor Corporation, a leader in high-performance FPGAs and eFPGA IP, announced it has named semiconductor industry veteran, Mahesh Karanth, as its chief financial officer. Karanth will take over for Howard Brodsky, who is retiring after 16 years at Achronix. Karanth comes to Achronix with more than 30 years of financial experience at multi-national public and…
Serve Robotics, the autonomous sidewalk delivery company, announced that Prahar Shah is joining the company as its Chief Revenue Officer. Prahar will lead Serve’s commercial efforts and oversee the new partnerships and new verticals team as the company expands its robotic delivery platform. Shah is a seasoned entrepreneur and business development executive. As DoorDash’s first…
HCLTech, a global technology company, and Purdue Global announced a new partnership to provide HCLTech employees opportunities to further their education. HCLTech employees and its apprentices based in the United States will be able to pursue courses at Purdue Global to enhance their technology skills. HCLTech’s existing Apprenticeship Program creates new career pathways for aspiring tech professionals…
Infor, the industry cloud company, announced the expansion of its India operations with the opening of its new development center (DC) in Hitech City, Hyderabad, one of India’s top destinations for technology and business. The new multi-storey state-of-the-art development center is spread over 350,000 sq. ft and will have the capacity for 3,500 employees. The center…
ComplyAdvantage, a global data technology company, announced that Vatsa Narasimha has been named as the company’s new Chief Executive Officer (CEO), and Charles Delingpole, the company’s founder, and former CEO, will transition to become Executive Chairman. Both will assume their new positions effective immediately. Charles Delingpole has led ComplyAdvantage since its formation in 2014, taking the company from…
HCL Technologies on Wednesday posted a 7 per cent rise in its consolidated net profit for September quarter at Rs 3,489 crore, topping street expectations, and raised the full year revenue guidance citing strong demand and deal pipeline despite macro concerns, according to PTI report. Amid widespread fears of global recession, HCL Tech said it…
Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry, announced the appointment of Lori Hardwick as Chair of its Board of Directors, effective immediately. Hardwick assumes the role previously held by FTV Capital Managing Partner Brad Bernstein. Hardwick is a trailblazing leader in the wealth management and wealthtech spaces, with more than…
HCLTech, a global technology company, announced expansion plans in Mexico at its 14-year anniversary celebration in Guadalajara. The company expects to hire 1,300 people in the next two years to strengthen its current employee base of 2,400 people in the country. HCLTech, a certified top employer in Mexico, will also be opening its sixth technology…