Take Solutions Limited, a globally recognized domain intensive services provider in Life Sciences, announced the appointment of N. Chandrasekaran and R. Seshadri to its Board of Directors, with effect from September 27, 2022. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Company, in its meeting…
Category: News
Universal Music India acquires majority stake in TM Ventures
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•Universal Music India (UMI), a division of Universal Music Group (UMG), the world leader in music-based entertainment, announced that it has acquired a majority stake in one of India’s leading music and entertainment companies, TM Ventures. Together UMI and TM Ventures will work across its talent management, entertainment consultancy and live/events businesses, accelerating UMI’s leadership of the domestic…
Wasabi Technologies raises $250 mn in new funding round
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•Wasabi Technologies, the hot cloud storage company, announced it has achieved unicorn status following $250 million in new funding. Wasabi raised $125 million in Series D equity led by L2 Point Management with participation from Cedar Pine; an affiliate of Cerberus Capital Management; and returning investors including Fidelity Management & Research Company and Forestay Capital, bringing the company’s…
Boomi appoints Mark Fields to its Board
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•Boomi, the intelligent connectivity and automation leader, announced the appointment of former CEO of Ford Motor Company Mark Fields as an independent, non-executive member of its Board of Directors. “As Boomi continues its rapid growth, we’re excited to attract sought-after leaders to join our mission to make the world a better place by connecting everyone…
Power Grid names G. Ravisankar as Chief Financial Officer
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•Power Grid Corporation of India Limited announced the appointment of G. Ravisankar, Director (Finance) as Chief Financial Officer of the company, with effect from September 26, 2022. According to the company’s exchange filing, “it is to inform that the Board of Directors of POWERGRID in their meeting held on 26th September, 2022 have accorded approval…
Arm names Jason Child as new CFO, succeeds Inder Singh
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•Chip designer Arm announced the appointment of new Board members Karen Dykstra, former Chief Financial and Administrative Officer of AOL and Jeff Sine, Co-Founder and Partner of Raine Group, effective immediately. These highly qualified leaders bring a diverse range of expertise to Arm as the company prepares for a potential public listing, a statement said.…
Torrent Pharma to acquire Curatio Healthcare
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•Torrent Pharmaceuticals Limited (Torrent Pharma) has entered into definitive agreements to acquire 100% of Curatio Healthcare (I) Private Limited (Curatio) for Rs. 2,000 crores. The consideration includes Rs. 115 crores (on the date of signing) of cash and cash equivalents in the acquired business indicating an Enterprise Value of Rs. 1,885 crores, a statement said.…
TalentonLease appoints Pankaj Gupta as Advisor to its board
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•TalentOnLease, an online platform and an emerging B2B IT staffing firm, announced the appointment of Pankaj Gupta, Founder & CEO of EnableX.io as an Advisor to its board. Pankaj has been playing a strategic advisor’s role for TalentOnLease informally until his official induction into the advisory board beginning 01 September 2022, a statement said. As…
Covetrus names Michelle Bonfilio as Chief People Officer
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•Covetrus, a global leader in animal-health technology and services, announced the appointment of Michelle Bonfilio as Chief People Officer, reporting to Ben Wolin, President and Chief Executive Officer at Covetrus. In this role, Bonfilio will oversee the human resources and communications organizations and help shape the culture of the company, a statement said. “Michelle has…
Blockchain-based data privacy platform VeriSmart acquires conversational AI communication platform DolphinChat
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•Blockchain-based Data Exchange Platform, VeriSmart has announced the acquisition of Delhi-based Conversational AI platform, DolphinChat (Formerly CivilCops). VeriSmart will be investing Four million US Dollars in the DolphinChat platform over the next 24 months. DolphinChat’s core team will be joining VeriSmart. “DolphinChat platform will get access to millions of consumers that are part of VeriSmart’s industry consortiums.…
Kapture CRM appoints Pavit Ponnanna as Head of CX (Customer Experience)
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•Kapture CRM, a Customer Relationship Management (CRM) software firm, announced that Pavit Ponnanna will be stepping into the position of Head of CX (Customer Experience). With cross-functional experience of 21+ years in customer services, operations management, Pavit’s strength is customer experience and brings a deep understanding of the CX landscape, the statement said. Pavit will play…
Maitreya Capital invests in tech-based banking and payments services provider Paythrough
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•Maitreya Capital & Business Services Pvt. Ltd. (Maitreya), one of the pioneering MSME-focused NBFCs, has acquired a 50% share in Paythrough Softwares and Solutions Pvt. Ltd. (Paythrough), the company which has developed the ‘Nagad Neo-Banking Platform’ for enabling smaller communities with a comprehensive MSME solution. The partnership with Maitreya facilitates the expansion of Paythrough’s agent…
ICICI Securities appoints Rakesh Jha as Additional Director
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•ICICI Securities Limited announced the appointment of Rakesh Jha as Additional Director (Non-Executive Non-Independent Director) on the company’s Board, with effect from September 26, 2022. According to the company’s exchange filing, “We wish to inform you that the Board of Directors of the Company have approved the appointment of Mr. Rakesh Jha (DIN: 00042075) on…
Zensar appoints U. B. Pravin Rao to its Board
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•Zensar Technologies Limited, a leading experience engineering and technology solutions company, announced the appointment of Pravin Udhyavara Bhadya Rao (U. B. Pravin Rao) as Additional Director on the company’s Board, with effect from September 26, 2022. According to the company’s exchange filing, “this is to inform you that the Board of Directors of the Company…
Gradiant appoints Govind Alagappan as President of Global Operations
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•Gradiant, a global water solutions provider, announced that Govind Alagappan has been appointed President of Global Operations. Govind has over 20 years experience in the water industry, bringing deep knowledge in sales & operational excellence, customer-centricity, and global market growth. Govind will report to Prakash Govindan, COO of Gradiant. Before his current role, Govind had…