Atos announced the nomination of three new directors to further strengthen its Board of Directors during the company’s transformation period. At a meeting held on February 28, 2024, and upon the recommendation of the Nomination and Governance Committee, the Board approved the cooptation of David Layani and Helen Lee Bouygues as Directors representing the anchor…
Mahindra Logistics Limited, a leading provider of integrated logistics solutions in India, is set to broaden its footprint in West Bengal. As part of this expansion, Mahindra Logistics will commence operations of a 1.1 lakh sq. ft. fulfilment centre in Malda, West Bengal, dedicated to handling fulfilment and last-mile deliveries. This centre is a critical…
International Centre for Industrial Transformation (INCIT), a non-profit Environment, Social and Governance (ESG) organisation, and TÜV SÜD South Asia, a leading certification, testing, auditing, inspection and training company, have signed a partnership agreement to establish the first-ever Smart Industry Readiness Index (SIRI) training and examination centre in India. The document was signed by Mr Raimund Klein, Founder,…
Accenture has agreed to acquire Mindcurv, a cloud-native digital experience and data analytics company specializing in composable software, digital engineering and commerce services for more than 200 clients worldwide. With this acquisition, Accenture Song—the world’s largest tech-powered creative group—further expands its commerce services for clients globally. The terms of the acquisition from private equity investment…
Moglix, India’s largest B2B commerce platform for industrial products, announced its plans for hyper-expansion, aiming to increase its workforce by hiring 500 professionals in the next 18 months. This hiring push comes after Moglix’s rapid business growth and strong funding position, as the company scales its operations across manufacturing and infrastructure supply chain sectors, a statement said. Determined to fortify its position as a leader in the industry, Moglix will be augmenting its team to exceed 500-600 talented professionals over the next 18 months across vital business functions. These include Enterprise…
Siemens Smart Infrastructure India has appointed Apeksha Jain as HR Head. “I’m happy to share that I’m starting a new position as HR Head at Siemens Smart Infrastructure India!” Jain shared in a LinkedIn post. Jain has over 15 years of HR experience spanning across Automation Machinery Manufacturing, Manufacturing FMCG and Telecom. Prior to joining…
Boeing announced Uma Amuluru as the company’s Chief Human Resources Officer and executive vice president, Human Resources, effective April 1. Amuluru succeeds Michael D’Ambrose who announced his plans to retire this July. In her new role, Amuluru will be responsible for Boeing’s talent planning, global talent acquisition, learning and development, compensation and benefits, employee and labor…
Hyperlocal logistics startup Shadowfax has raised $100 million in a mix of primary and secondary investments as part of its latest funding round led by growth investor TPG NewQuest, according to ETtech report. Existing investors including Mirae Asset Management, Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital also participated in the fundraise.…
Alta Equipment Group Inc. (Alta), a leading provider of premium material handling, construction and environmental processing equipment and related services, increased the size of the Board of Directors from five to six directors and subsequently appointed Sidhartha Nair to the Board, effective immediately. Nair, age 52, is the Head of Strategy, Americas Region, for Mercedes-Benz…
Royal Philips, a global leader in health technology, announced the proposal to appoint Charlotte Hanneman as member of the Board of Management, fulfilling the role of Chief Financial Officer (CFO), effective October 1, 2024. The proposal will be submitted to the Annual General Meeting of Shareholders (AGM), to be held on May 7, 2024. Hanneman…
ReNAgade Therapeutics, a company unlocking the limitless potential for RNA medicines, announced that Joe Bolen, Ph.D., an Executive Partner at MPM BioImpact, former Chief Scientific Officer at PureTech Health and former President of Research and Development of Moderna Therapeutics, will serve as the company’s first Chief Science Innovation Officer. “Joe is a pioneering scientist and…
EaseMyTrip, one of India’s leading travel tech platforms has announced a strategic partnership with Zaggle Prepaid Ocean Services Limited, a SaaS FinTech player that provides spend management products and solutions to corporates to deliver integrated travel and expense management solutions. EaseMyTrip’s Corporate clients will now get seamless access to Zaggle’s EMS platform that provides end-to-end…
Flourish Ventures, an early-stage venture capital firm, announced new hires and promotions, adding capabilities to its global investment team. Investment leaders — Harsh Gupta in India and Diana Narváez in Brazil —were promoted to Principals while the fintech-focused venture firm hired 5 team members in 2023. “In India, Harsh takes on leadership of our portfolio,…
Campfire, the Y Combinator-backed startup modernizing accounting software for startups and midsize companies, announced it closed a $3.5 million seed funding round led by Foundation Capital and joined by Y Combinator and Twenty Two Ventures. Campfire will use the funding to attract world-class talent and further support its flagship products, which provide a modern general ledger and automate revenue…
Cin7, the industry-leading inventory and order management software provider, has appointed Ajoy Krishnamoorthy as Chief Executive Officer and Nolan Smith as President and Chief Operating Officer to lead Cin7 into its next phase of substantial growth. Krishnamoorthy assumes the role from David Leach, who has served as CEO since October 2019 and led the business as it expanded into a global, market-leading…