Brickwork Ratings (BWR) announced the appointment of Alok Kedia as its new Managing Director & CEO, effective Monday, February 26, 2024. Alok brings with him almost three decades of extensive experience in senior management roles across renowned multinational and private banks. Alok will be based in Mumbai and will report directly to the company’s Board of…
Kotak Mahindra Bank Limited (Kotak) announced the appointment of Prasanna Kotian as the new Head – Group Corporate Communication to oversee and drive external and internal communications for the Kotak group of companies. A seasoned communications professional, Prasanna brings with him a wealth of experience of over two decades in leading corporate affairs and strategic…
IBSFINtech India Private Limited (IBSFINtech), a globally recognized Treasury, Risk, Trade Finance and Supply Chain Finance Management company has secured Pre-series A round of USD 1.5 Mn led by a group of HNIs from the USA & India, including some marquee existing investors. The company plans to utilize the funds strategically, to expand its global…
Versuni, a global home appliance company, announced that President & CEO, Henk S. de Jong, has decided to step down from his role after over three decades of service at Royal Philips and Versuni. Véronique Pauwels will be joining the company as President & CEO, effective March 21, 2024. Chairman of Versuni’s Board of Directors, Sean Carney, commented,…
Listed staffing company TeamLease Services Limited announced the appointment of Neeti Sharma as CEO – TeamLease Digital, with effect from March 26, 2024. Neeti Sharma is a business leader with 30+ years of rich and diverse experience in the Corporate sector, with government bodies and educational institutions pan India. “She brings with her a unique,…
Global investment firm KKR announced the signing of a definitive agreement with Broadcom Inc. to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic focus on empowering customers…
MosChip Technologies Limited, a semiconductor and system design services company, announced the appointment of Sri Lakshmi Simhadri as Vice President – Head, Semicon Business Unit, with effect from February 27, 2024. According to the company’s exchange filing, “We wish to inform you that the Board of Directors of the Company in their meeting today i.e.…
Calabrio, a globally recognized leader in Workforce Engagement Management (WEM) solutions, has announced a major expansion in India with the launch of its new cloud offering. Tailored to meet the specific needs of Indian enterprises, this in-country cloud deployment positions Calabrio as the first WEM organization to offer local businesses unparalleled reliability, flexibility, and scalability…
Nat Habit, one of India’s fastest-growing D2C beauty and wellness brands, announced the appointment of Ankita Srivastava as Chief Marketing Officer. Ankita brings almost two decades of experience in leading marketing and brand strategy, innovation and business primarily in beauty, personal care, fragrances and men’s grooming across some of India’s most loved personal care brands. Her…
OKX Ventures, the investment arm of leading Web3 technology company OKX, announced its participation in the pre-A round investment for Delphinus Lab, a trustless computation platform provider that aims to deliver a Zero-Knowledge WebAssembly (zkWASM)-based application rollup platform known as zkWASM Hub. Delphinus Lab’s product offers automated proving and batching services for application workloads, with the added flexibility…
Health and fitness platform Cult.fit has raised Rs 84.5 crore (around $10.2 million) in a funding round led by existing investor Valecha Investments, which contributed over Rs 36 crore, according to ETtech report. Other participants in the round include Gul Advani of Sun-n-Sand Hotels, who has infused Rs 28.26 crore, Extreme Brands LLP, L&K Wellness…
Atena Equity Partners has acquired a majority stake in the Redshift Group, specialist in cybersecurity and information technology. The acquisition of a 51% stake was completed in partnership with Simon Church, a renowned professional in the cybersecurity field, while the management team remains in company and fully committed to its growth, a statement said. Atena Equity…
Curia, a contract research, development and manufacturing organization, announced it has appointed Steve Lavezoli as vice president of biologics effective Feb. 26. Lavezoli will lead Curia’s biologics division, overseeing its discovery, development and manufacturing services, a statement said. “This is an exciting time for our biologics team, and we are pleased to have Steve on…
MoneyHero Limited (MoneyHero), a market-leading personal finance aggregation and comparison platform in Greater Southeast Asia, announced the appointment of Rohith Murthy as its new Chief Executive Officer, effective immediately. Prior to his appointment to CEO, Murthy served as MoneyHero’s Chief Business Officer, a role he assumed earlier this year following consistent promotions over the course…
Thomson Reuters Corporation (Thomson Reuters) a global content and technology company, previously announced the successful outcome of its recommended public offer for Pagero Group AB (publ) (Pagero), for a purchase price of approx. USD 800 million / SEK 8.1 billion. The acquisition marks the sixth deal closed by Thomson Reuters since January 1, 2023, with a total acquisition value…