The Bank of America Corporation Board of Directors appointed José (Joe) E. Almeida as a director, effective immediately. Almeida, 59, serves as chairman, president and chief executive officer of Baxter International Inc., a position he has held since 2016. Before joining Baxter, Almeida served as chairman, president and chief executive officer of Covidien plc from 2012…
Woodland, the country’s leading outdoor gear brand has elevated Pavandeep Singh into a much senior & strategic profile of V.P. – Growth Strategy reviewing outperformance during the unfortunate slow & transitional phase of Covid. Having joined the organization as Head – Marketing and Strategy in 2019, he was able to quickly grasp the business model…
Rephrase.ai, a generative AI startup that aims to humanize communication through synthetic media, announced it has raised $10.6 million in a Series A financing round. This new financing was led by Red Ventures, a global company with a diverse portfolio of brands and businesses focused on offering premium content and personalized digital experiences, including Lonely Planet, CNET,…
Atlas, an industry leader in Employers of Record (EOR) and Solutions and Technology, announced that it has partnered with Sixth Street Growth, the growth investment firm of the global investment firm Sixth Street. Sixth Street Growth will make a strategic capital investment of up to $200 million to support Atlas’ continued global expansion, a statement…
Dubdub.ai, an AI-powered dubbing platform, has raised $1 million in funding from Waveform Ventures and Accel Atoms. Other investors that participated in the funding round include Forward Slash Capital, Force Ventures, Aprameya Radhakrishna (Founder, Koo), Nishant Mungali (founder, Mindtickle), Deepak Anchala (founder, Slintel), Swati Mohan(ex-head of marketing, Netflix) among others. Founded in 2021 by Anubhav…
UPL Ltd. (‘UPL’), a global provider of sustainable agricultural solutions, announced a joint venture with CleanMax Enviro Energy Solutions (‘CleanMax’), a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of…
STL, one of the industry’s leading integrators of digital networks, announced Zero Waste to Landfill (ZWL) for all its optical fibre and cable facilities across India and Italy. Earlier in 2020, STL became the world’s first optical fibre and cable manufacturer to attain the ZWL certificate for its Indian plants in Maharashtra, India. Since then, the company…
CoinSwitch, a crypto investing company, has enhanced its LGBTQ+ benefits with financial support for gender reassignment surgery. The policy will reimburse medical costs up to Rs 2 lakh. The benefit is an addition to the pre-existing initiative aimed toward driving better inclusivity within the company. CoinSwitch’s best-in-class insurance policy also covers same-sex partners. The unicorn…
Oil major Shell plc (Shell) announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael’s appointment is effective January 1, 2023, when he will also join Shell’s Board of Directors. Ben van Beurden will continue working as adviser…
Sigmoid, a startup that provides data engineering and AI solutions, announced it has raised $12 million in funding in a mix of primary and secondary funding, as part of its latest funding round from Sequoia Capital India. The startup will utilise the funds to evolve its market offerings, expand delivery centers and cater to new…
Bloomreach, the leader in Commerce Experience, announced it has appointed Anirban Bardalaye as Chief Product Officer, effective immediately. In this role, Anirban will further accelerate the growth of the company’s three product pillars — Discovery, Engagement, and Content — as it continues to scale its Commerce Experience Cloud to serve businesses around the world. Anirban previously served as…
Wardwizard Foods & Beverages Ltd (formerly known as Vegetable Products Ltd) has plans to enter in to high-quality food and beverage products, as its strategic move, announces that the company is actively in process of acquiring two food brands, VIZ: Yeppy Foods and Safpro. Ward wizard is committed to expanding its business and becoming a…
Jubilant Pharmova Limited, an integrated global Pharmaceutical Company, announced that Dr. Jaidev Rajpal will join the Company as Head of its Generics business effective from October 11, 2022. Jaidev is being appointed as Managing Director & CEO of the Company’s wholly owned subsidiary, Jubilant Generics Limited which is involved in the development, manufacturing and distribution…
Mayank Bhargava has joined Fortis Healthcare Limited as Chief Information and Digital Officer. Prior to this role, Bhargava served Pramerica Life Insurance for nearly 14 years as its Chief Technology and Data Officer. In his new role, he would be responsible for strengthening the technology foundation and driving digital transformation to improve the patient experience,…
B2B wealthtech startup Centricity announced it has raised $4 million in a funding round led by the Burman family office, Shantanu Agarwal (LNJ Bhilwara group), and Arun Jain (Intellect design arena/founder-Polaris Software Labs) at a valuation of $20 million, according to ETtech report. Started in 2022 by former Senior Private Bankers, Centricity aims to build…