Titagarh Wagons Limited (TWL) announced that the Government of Italy, through its investment arm – Invitalia has taken a strategic stake in Titagarh Firema Spa (TFA), the subsidiary of Titagarh Wagons Limited. Titagarh Firema was acquired by Titagarh group in 2015. Government of Italy will subsequently own 30.30% stake in Titagarh Firema, for an investment…
Qatar Airways Group is looking to onboard a significant number of new employees from India to support its global operations and enhance customer experience over the coming months. Starting from 16 September 2022, the network will start accepting applications from Indian citizens for various roles across divisions. As the company looks to rebuild the workforce…
Non-banking financial company Fullerton India Credit Company Limited (FICCL) has named its Chief Risk Officer, Deepak Patkar to Chief Executive Officer, Fullerton India Home Finance Company Limited (Grihashakti). Dhananjay Tiwari takes over from Deepak Patkar as Chief Risk Officer. In his last role as Chief Risk Officer for FICCL, Patkar established a strong balanced culture…
True Global Ventures 4 Plus (TGV 4 Plus) Fund and TGV 4 Plus Follow On Fund (TGV 4 Plus FoF) today announce a US$17.2m convertible note investment into Animoca Brands out of a total raise of US$110m. Other investors included Boyu Capital, Singapore’s Sovereign Wealth Fund Temasek and GGV Capital. The investment comes after Animoca Brands’ second closing…
Ogilvy announced that Devika Bulchandani has been appointed Global Chief Executive Officer. In this role she will be responsible for all aspects of the creative network’s business across 131 offices in 93 countries and spanning its Advertising, Public Relations, Experience, Consulting, and Health units. She will also join WPP’s Executive Committee as she takes on…
MetaProp—a venture capital firm focused on the PropTech industry—shared plans to accelerate its growth in APAC by appointing Satoshi Murakami as Region Director. Murakami joins the firm after spending the past four years as Director of Corporate Venture Capital group at Sumitomo Corporation, as well as holding various roles in its Real Estate Division, focused…
Eagle Genomics, the platform business pioneering the application of network science to biology across the Food and Nutrition, AgBio, Beauty and Personal Care, and Biopharma industries, has announced the appointment of AI/deep learning leader Tarun Rishi as its new VP Engineering. In the role, Tarun will continue to drive excellence in Eagle Genomics’ technology to deliver the…
Financial services company PayPal has announced the appointment of John Kim as Executive Vice President (EVP), Chief Product Officer (CPO), effective September 26, 2022. Kim succeeds current CPO, Mark Britto, who will remain with PayPal for a transition period, before retiring at the end of this year. Kim brings unique skills and experience building foundational consumer products and…
Tata Consultancy Services (TCS) has been recognized as a Leader in Everest Group’s PEAK Matrix for Digital Twin Services. TCS was placed highest for Market Impact, Vision and Capability among the 16 IT service providers assessed in the report. According to the report, TCS’ strong set of digital twin specific solutions and its focus on…
Ani Banerjee has joined KnowBe4, provider of the world’s largest security awareness training and simulated phishing platform, as Chief Human Resources Officer (CHRO). A leader in Human Resources for the global technology sector, Banerjee will oversee KnowBe4’s HR operations across 11 countries, and will be responsible for developing new initiatives to enhance the company’s organizational culture,…
DataSwitch Inc. announced that Sivakumar Agneeswaran (Siva) is appointed as the Group CEO and Chairman effective September 8, 2022. In this role, Siva will provide strategic direction, expand and strengthen partnerships, establish a professional services arm and scale the overall business. Karthikeyan Viswanathan (Karthik), will continue in his current role as the CEO of DataSwitch…
Isovalent announced it has closed a $40M Series B funding round led by Thomvest Ventures. M12 (Microsoft’s Venture Fund) and Grafana Labs joined Google and Cisco as existing strategic investors in the company, highlighting the central position that Isovalent occupies in the eBPF and broader cloud native ecosystem. Additional investors include Andreessen Horowitz, Mango Capital, and Mirae…
Quick service restaurant chain Wow! Momo Foods said it has raised Rs 125 crore from OAKS Asset Management, according to PTI report. The firm, which operates three brands — Wow! Momo, Wow! China and Wow! Chicken, said the funding is “part of a two tranche-raise with the second one being planned with another VC Fund”.…
Eupheus Learning, a school-focused distribution platform, has appointed Ashok Mohan Zutshi, Ex-Ratna Sagar Director, as Chief Advisor of the brand. At Eupheus, Zutshi will be responsible for positioning the brand as the single largest holistic solution provider to schools in the country. Zutshi’s announcement comes at a time when the vintage publishing industry is reeling…
Inovalon, one of the leading providers of cloud-based software solutions empowering data-driven healthcare, announced the inauguration of its India Development Center (IDC) in Hyderabad. With its global technology team based in the U.S., Inovalon has formally increased its capacity in India to deliver innovation for its customers, a statement said. For the last eight years,…