EKA Mobility, an electric vehicles & technology company, and a subsidiary of Pinnacle Industries Limited, announced the appointment of Lakshminarayan as an Independent Director on its board. He serves on the boards of ZF CVS (Ind) Ltd, TVS Automotive Solutions, TVS Electronics, Sansera Engineering, Wendt India, Brose Automotive India, and many other prestigious companies. His…
PayNearby, India’s leading branchless banking and digital network, announced two strategic leadership hiring to further strengthen and expand its Distribution-as-a-Service (DaaS) network. The company has appointed Vishal Khanna as the ‘National Head of Sales’ and Alok Jha, as the ‘Head of Strategic Initiatives’. The latest appointments are tactically aligned to the company’s ambitious plans to drive…
Employee insurance and health benefits startup Pazcare announced its appointment of Prashant Desai as the Vice President of Sales Prashant has 21+ years of experience working with organizations like IDfy, First Advantage India, and Wipro Ltd among others. He is an accomplished business leader with a gratifying career span of two decades in steering multi-functional domains,…
Percona, a leader in open source database software, support, and services, announced that Ann Schlemmer, former President, is officially stepping into the role of CEO, while Peter Zaitsev is transitioning from CEO to the role of Founder, where he will remain strategically engaged with the company. Ann Schlemmer’s rise to the chief executive role is…
Moglix, a B2B e-commerce and digital supply chain solutions company, announced the acquisition of ADI’s India distribution business to spread its arms further into industrial goods distribution. ADI’s India business represents the Indian distribution arm of ADI Global Distribution, a leading global wholesale distributor of security, AV and low-voltage products, which is part of Resideo…
Cimpress India, a global capability centre for Cimpress N.V, onboards 67 campus hires remotely from 24 Engineering colleges across India as Software & Quality Engineers. They will be joining business teams in Cimpress India. The engineering colleges include names such as IIITs, NITs, BIT, and Banasthali among several others. “Cimpress India has been working completely remotely…
Translumina – a global developer and manufacturer of innovative cardiovascular medical devices, implants and access products – appointed Indranil Mukherjee as Group CEO and Armin Kiser as Managing Director and Chief Operating Officer for the company’s Europe operations. Indranil is a veteran in the healthcare industry. In his most recent role as Managing Director at B. Braun Group in India, he turned…
RBL Bank Limited announced the re-appointment of Rajeev Ahuja as Executive Director on the company’s Board, with effect from February 21, 2023. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Bank at its meeting held on October 10, 2022 on the recommendations of the Nomination…
Home appliances maker Eureka Forbes Limited announced the appointment of Shashank Shankar Samant to its Board of Directors, with effect from October 10, 2022. According to the company’s exchange filing, “the Board of Directors in their meeting held on even date have appointed Mr. Shashank Shankar Samant (DIN: 09733485) as Additional Non-Executive Independent Director of the…
Legal tech startup Oddr has raised $2 million in funding led by Saama Capital and Twin Ventures, along with participation from angels in the US, Singapore, and Germany, according to ETtech report. Headquartered in Silicon Valley and India, Oddr is aiming to launch its services in North America, the UK, and Australia, with an R&D…
KarmaLife, an earnings-linked financial solutions provider for the Gig and blue-collar workforce, announces Kusha Kohli’s appointment as Head of Business Development. Kusha will foresee the growth of the business and will focus on expanding Karmalife to 250+ employer partners, a statement said. Kusha brings the entrepreneurial experience of 5+ years. Before joining KarmaLife, she was…
Cyril Amarchand Mangaldas advised Biocon Limited (Biocon), in relation to the sale of shares by Biocon Limited in Syngene International Limited (Syngene International), by way of a bulk trade on the stock exchanges, aggregating to INR 1220.28 crores. The Capital Market Practice of Cyril Amarchand Mangaldas advised Biocon for the transaction and assisted with, reviewing, and finalizing the transaction…
India Edtech Consortium (IEC), the self-regulatory body formed under the aegis of IAMAI, revealed the results of a recently conducted Survey on teachers to assess the efficacy and quality of education the Edtech companies are driving within the country. In self-reported data, IEC member companies have also highlighted that a spend of about INR 3500…
Global consultancy Bain & Company announced that Lewis Woodward has joined the firm as an executive vice president with responsibility for leadership of its worldwide External Relations. In the newly created role, Lewis will take responsibility for the strategic direction, development and delivery of all of Bain & Company’s global external communications activities, leading the firm’s media…
Vikas Lifecare Limited (VLL) announced it has acquired 30% stakes in the Ardh Sainik Canteens in an all-cash deal of INR 150 Million from its existing stakeholders. According to the company’s exchange filing, “Vikas Lifecare Limited, as a measure of forward integration, in order to extend its retail footprint across India, taking another giant leap…