Category: News

Accenture intends to acquire Stellantis’ world class manufacturing training & consulting business in Italy

Accenture has disclosed its intention to acquire Stellantis’ World Class Manufacturing Training & Consulting business, a center of excellence that supports process optimization in manufacturing and the supply chain. The acquisition would allow Accenture to integrate the World Class Manufacturing (WCM) methodology in its solutions that help clients transform their production and supply chain networks to be…

CredAble appoints Kapil Kapoor as Chief Technology Officer

CredAble, a working capital tech platform catering to the working capital requirements of India Inc including large, mid, emerging corporates, MSMEs, and financial institutions, announced the appointment of Kapil Kapoor as Chief Technology Officer. Kapil is a technology leader with over two decades of industry experience building and scaling enterprise, B2B, and B2C digital products…

Dare Ventures invests in drone startup Dhaksha Unmanned Systems

Dare Ventures, the venture capital arm of Coromandel International Limited has announced its third investment this year into a differentiated drone startup, Dhaksha Unmanned Systems Private Limited. The company plans to use this funding for talent acquisition, R&D and production scale up. Dhaksha, one of the forerunners in the drone space in India, provides a…

Everstone acquires controlling stake in Chennai-based Softgel Healthcare

Singapore-headquartered Everstone Capital, private equity arm of the Everstone Group, (Everstone) announces the acquisition of a controlling stake in Softgel Healthcare (SHPL), a specialized niche dosage form focused manufacturing player catering to the global nutraceutical, pharmaceutical and OTC segments. This partnership aims to transform SHPL into a scaled, diversified, and globally recognized contract research, development,…

Procurement management platform Procol raises Rs 51 crore in funding

Procurement management software Procol has raised Rs 51 crore in funding from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital, and Anchorage Capital, according to ETtech report. Founded in 2018 by Gaurav Baheti and Sumit Mendiratta, Procol is a procurement technology company that helps enterprises streamline their manual procurement processes across their fragmented small…

Airtel and IBM join hands to bring secured edge cloud services to Indian enterprises

IBM and Bharti Airtel, a communications solutions provider in India with more than 358 million subscribers, announced their intent to work together to deploy Airtel’s edge computing platform in India, which will include 120 network data centers across 20 cities. Once deployed, the platform is designed to enable large enterprises across multiple industries including manufacturing and automotive to…

Nokia appoints Amy Hanlon-Rodemich as Chief People Officer

Nokia announced the appointment of Amy Hanlon-Rodemich as Chief People Officer and member of the Group Leadership Team, effective October 24, 2022. Amy Hanlon-Rodemich joins Nokia from GlobalLogic, a leading company in digital product engineering, where she is Chief People Officer. She is an experienced HR executive who has helped some of Silicon Valley’s top brands…

KalaGato appoints Abhinav Pandey as Chief Technology Officer

KalaGato, a data driven mobile app aggregator (app buy-out company) built on the thrasio model, recently announced the expansion of its leadership team with the appointment of Abhinav Pandey as its Chief Technology Officer. Abhinav will be working towards accelerating and augmenting business performance through next-generation AI, data, and analytics platforms, a statement said. Expressing…

Brigade appoints Ravi Ahuja as COO – Commercial (Office Space)

Brigade Group, a Bengaluru-based property developer, has announced the appointment of Ravi S Ahuja as Chief Operating Officer – Commercial (Office Space). Ravi will lead sales, marketing, strategic planning, and will be responsible driving the growth and profitability in asset management revenues and operations of the company’s commercial office business. He comes with over 25…

Blue Planet appoints Vipul Shah, Ex COO, Reliance Petrochemical as an Advisor to the Board

Blue Planet Environmental Solutions Pte. Ltd. (“Blue Planet”) announced the appointment of Vipul Shah as an advisor to their Board.  Following a long and distinguished career, with over four decades years of experience in the petrochemical and plastic polymers sector, Vipul has spearheaded a number of initiatives and practices to increase sustainability within the industry. He is…

Zolve onboards former Citigroup exec Steve Freiberg to its leadership team

Zolve, India’s first neobank providing cross-border financial services, announced the appointment of Steve Freiberg to its leadership team in the United States. Freiberg comes with vast experience and expertise in the financial domain and has held several key leadership roles in globally reputed organisations in the past. He served as Co-Chairman and CEO of Citigroup’s Global Consumer Group…

IppoPay appoints Shabareesh Suresh as General Counsel

IppoPay, a fintech start-up providing payment infrastructure to small businesses in Tier-2 and 3 cities, and rural areas, announced the appointment of Shabareesh Suresh as its General Counsel. The appointment will further strengthen the leadership team at IppoPay, which currently is a mix of renowned professionals with deep domain expertise, a statement said. Shabareesh Suresh is…

PickMyWork raises $1 mn in seed round from Orbit Startups, Blume Founders Fund, WeFoundersCircle, and others

PickMyWork, a startup that assists digital companies to acquire end customers (individual users and merchants), has announced raising $1Mn in Seed round. The round led by SOSV’s Orbit Startups witnessed participation from an array of esteemed investors including Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888 Network, Imperier Holdings and…