Category: News

Himadri Speciality Chemical appoints Rita Bhattacharya to its Board

Himadri Speciality Chemical Limited, a speciality chemical conglomerate in India, announced the appointment of Rita Bhattacharya as an Additional Director in the capacity of Independent Director on the company’s Board, with effect from August 11, 2022. According to the company’s exchange filing, “the Board of Directors at its meeting held today i.e. on 11 August…

Huma appoints Kaushik Gune as Head of U.S. Healthcare business

Huma Therapeutics Limited, a global digital health company, has appointed Kaushik Gune as the company’s new U.S. Head of Healthcare. Gune joins Huma to drive further commercial adoption of the company’s digital health platforms in the U.S., specifically its ‘Care at Home’ platform for remote patient monitoring. “Huma is transforming healthcare and research through its digital-first patient care platform, expanding access for patients, increasing…

ADIA to invest in Aditya Birla Health Insurance

The Boards of Directors of Aditya Birla Capital Limited (ABCL) and Aditya Birla Health Insurance Co. Limited (ABHI) approved a proposal for a primary capital infusion of approximately Rs. 665 Crore in ABHI, from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Aditya Birla Health Insurance is a 51:49 joint venture between…

CleverTap raises $105 mn in Series D funding round led by CDPQ

CleverTap, a global B2B SaaS platform for customer engagement and retention, announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India. The funds will be used to…

Fintech startup Jodo raises $15 mn funding led by Tiger Global

Jodo, a fintech startup in the education payments space, announced it has raised $15 million in a fresh funding round led by Tiger Global, a New York-based investment firm. Existing investors Elevation Capital and Matrix Partners India also participated in the current funding round. With the latest funding, Jodo plans to scale up its education…

Asieris appoints Dr. Badrinath Konety to Scientific Advisory Board

Asieris Pharmaceuticals, a global biopharma company specializing in discovering and developing innovative drugs for the treatment of genitourinary tumors and other related diseases, announces Dr. Badrinath Konety has joined Asieris’ Scientific Advisory Board as an advisor. Dr. Konety has more than 30 years of clinical research and medical practice experience in the field of genitourinary oncology. He is…

No-Code DevOps platform Humalect raises $ 750k in seed round led by StartupXseed Ventures

Humalect, a no-code platform helping organizations automate DevOps, has raised USD 750K from early-stage investors StartupXseed Ventures, which has previously backed top companies such as Darwinbox, Jobiak, CloudSek, Bellatrix and Aarav Unmanned Systems (AUS). The raised funds will be strategically utilized to build the team efficiently and extend product features, a statement said. Humalect Co-Founder…

Rajalakshmi Sivanand to Head People and Culture at Compass IDC; Manik Banga Joins as Head of Talent Acquisition at Compass IDC

Compass Inc., a technology-enabled residential real estate brokerage company based out of the United States, announced the appointment of Rajalakshmi Sivanand as Head, People & Culture. Manik Banga joins as Head of Talent Acquisition at Compass India Development Center (IDC). Reiterating its commitment to employee well-being and organizational culture, Compass IDC on-boarded the industry veterans to head its people strategy including talent acquisition, engagement…

Everdome secures $10 mn investment commitment from GEM Digital Ltd

Everdome, the most hyper-realistic metaverse, has announced that GEM Digital Limited (GEM), a Bahamas-based digital asset investment firm that sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally, has agreed to an investment commitment of US$10 million into the UAE-based metaverse company through a structured token subscription agreement. The…

Accenture acquires leadership firm YSC Consulting to enhance C-Suite and Board transformations

Accenture has acquired YSC Consulting, a CEO advisory and leadership consultancy that helps organizations align leadership strategies with their business goals to achieve transformational change. Terms of the transaction were not disclosed. The acquisition strengthens Accenture’s capabilities to advise the CEO, C-Suite, and Board with solutions to boost performance and build leadership teams for the future,…

Sasken names Priyaranjan as CFO, B Ramkumar as Chief Risk Officer

Sasken Technologies Limited, a product engineering and digital transformation services provider, announced the appointment of Priyaranjan as Chief Financial Officer and B Ramkumar as Chief Risk Officer of the company, with effect from August 10, 2022. According to the company’s exchange filing, “We wish to inform that the Board at its meeting held today had:…

ALT Mobility Launches Debt Aggregation Platform for Commercial Electric Vehicle Leasing, Plans on Investing USD 100mn in Next 12 Months

IIT Delhi based Alt Mobility, a commercial fleet leasing platform announced the launch of ‘Elektrowagen’ – a structured finance solution to mobilize low cost debt finance from domestic and international financing institutions for electrification of commercial fleets in India. Under this structure, the Company has signed MoUs with two non-banking financing institutions (NBFCs) focused on electric vehicle…

QSR chain Fat Tiger to hire 1100+ employees, including 500 from EWS category

Fat Tiger an Indian home-grown restaurant announced their recent expansion plans. The company in the course of the next 3 years will be increasing its offline presence by launching 200 offline outlets. Brand currently have 50+ outlets in 22 cities. Fat Tiger is a modern restaurant serving internationally acclaimed beverages and skill-fully made momos to…

Kennect raises $700k in seed funding led by FortyTwo.VC

Kennect, a Delaware and Mumbai-based Software-as-a-Service sales acceleration start-up, has raised $700k in seed funding led by FortyTwo VC. FortyTwo VC is a Dallas, Texas-based venture fund with an investment focus on disruptive enterprise tech opportunities. Kennect’s no-code platform allows enterprises to design, simulate and automate their incentive plans. The startup aims to become the preferred…

Pfizer Limited MD S Sridhar resigns

Pharmaceutical company Pfizer Limited announced that S. Sridhar has resigned from the role of Managing Director of the company. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby wishes to notify that Mr. S. Sridhar, Managing Director, has expressed his intention…