Recognize, a technology investment platform, announced that Muthu Kumaran will join the firm as Operating Partner and head of India operations. Muthu expands Recognize’s ability to build best-in-class delivery and operations, and attract world class talent in support of Recognize portfolio companies. Recognize raised approximately $1.3 billion for its inaugural fund which closed in January,…
Bert Labs, a global new age deep tech company, announced that it has appointed, Sameer Rajpal as Bert Human Capital Leader. Sameer will be responsible for building Bert Labs brand into one of the most admired companies in the world, and align the vision, strategy with research, planning and implement of best talent acquisition practices as part of Bert…
Fintech platform Stashfin has announcement of renowned BFSI expert and former MD and CEO of SBI Cards, Vijay Jasuja as Non-Executive Independent Director. Jasuja, an industry veteran, has more than 40 years of BFSI experience in leadership positions across Indian and overseas markets, having been the MD and CEO of SBI Cards, and director, PNB…
TrueFoundry announced that it has raised a $2.3 million in seed funding round led by Sequoia India and Southeast Asia’s Surge. Other participating investors like Eniac Ventures and angels such as AngelList Co-Founder Naval Ravikant also participated in the funding round. Other angel investors include Deutsche Bank Global CIO Dilip Khandelwal, Head of GitHub India…
Wipro Limited, a global technology services and consulting company, announced the appointment of Dhruv Anand as Country Head & Managing Director for operations in Japan. Dhruv will lead Wipro’s business expansion in Japan and will also partner with clients to help them achieve their growth ambitions by leveraging Wipro’s capabilities across the go-to-market themes of…
Zopper announced that it has raised $75 million in Series C funding round led by Creaegis, with participation from ICICI Venture and Bessemer Venture Partners, according to YourStory report. Existing investor Blume Ventures also participated in the round. Tiger Global, currently invested in the company, will continue to extend its support for future growth. Founded…
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), has stepped up its India strategy to mint investment opportunities in the infrastructure sector, said two officials aware of the development. PIF, the kingdom’s main investment arm, has assets of around $600 billion under management, and building “strategic economic partnerships” is one of its core objectives.…
Bridgestone India, a tyre and rubber company, has appointed Namita Bhalerao as its Head of Talent Acquisition, according to ETHRWorld report. With almost a decade of experience in the field of HR, Bhalerao has expertise in Talent Management, Employee Engagement, Creating HR Policies & Procedures, and MIS Reporting. “I’m happy to share that I’m starting…
MobiKwik, a digital credit and mobile wallet company, announced it has roped in Mukul Saxena as CEO of its financial services and Zaakpay business units, according to ET report. Saxena has over two decades of experience in digital payments and fintech. Most recently, he was executive vice-president and head of the payments business at IndusInd…
CoverSelf, a San Francisco-and Bengaluru-based healthtech startup, announced it has raised $4.8 million (around Rs 37 crore) in seed funding from BEENEXT and 3one4 Capital, according to VCCircle report. The platform plans to deploy the fresh proceeds to expand its US footprint, ramping up operations and scaling sales, product and technology teams, a statement said.…
Johnson Controls, the global leader in smart, healthy, and sustainable buildings, is rapidly expanding its footprint in India. The company spots great potential in the Indian market for its capability and great talent pool in technology, digitalization and software engineering. With its complete portfolio of full life-cycle intelligent building products, technologies, software and services, Johnson…
TIL Group, a software, electric vehicles, EV infrastructure and fleet management company, has appointed Anand Pillai as Group Chief Transformation Officer, according ETHRWorld report. “I’m happy to share that I’m starting a new position as Group Chief Transformation Officer – Trinity Group Companies (with entities in Software, Electric Vehicles, EV infrastructure and Fleet management) at…
Shreeji Translogistics Ltd. (STL), an India-based surface logistics and parcel delivery service provider, announced the incorporation of TKD Digitrans Tech Private Limited on September 16, 2022. “STL is happy to announce the incorporation of TKD Digitrans Tech Private Limited (TKD Digitrans) as its 51% subsidiary. One of the primary agenda of TKD Digitrans is to…
Staffing company TeamLease Services Limited announced the appointment of Rituparna Chakraborty as Executive Director on the company’s Board, with effect from May 18, 2022. According to the company’s exchange filing, “Rituparna Chakraborty has been appointed as an Executive Director on the Board of Directors of the Company vide the approval of the Shareholders received at…
Adobe announced it has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for approximately $20 billion in cash and stock. The combination of Adobe and Figma will usher in a new era of collaborative creativity, a statement said. Figma is a design platform for teams who build products…