After a 20-year-long stint at Sony Pictures Networks India (SPNI), Rohit Gupta steps down from his role as the Advisor to the Management and the Board at the organisation. An industry veteran, Rohit was responsible for advising the senior management on major industry trends and developments and providing his expertise and support at key junctures,…
ABB India Limited announced the re-appointment of V K Viswanathan as Independent Director on the company’s Board, with effect from November 13, 2022. According to the company’s exchange filing, “we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board at its meeting held on August 9, 2022,…
JSW Neo Energy (JSW Neo), a wholly owned subsidiary of JSW Energy has agreed to acquire a portfolio of 1,753 MW of Renewable Energy generation capacity from Mytrah Energy (India) Private Limited comprising of 17 SPVs and 1 Ancillary SPV. Necessary definitive agreements have been signed between the parties. The transaction is subject to approval…
Brillio, a digital transformation services and solutions provider, announced the appointment of Camie Shelmire as Chief People Officer, effective immediately. A technology and consulting industry veteran who most recently served as Chief Client Officer of Altran Americas and after its acquisition by Capgemini, Executive Vice President in the combined entity, Shelmire brings 20 years of…
Cloud-native company SecureKloud Technologies Limited (formerly known as 8k Miles) announced the appointment of M. Vijaykumar as an Additional Director on the company’s Board, with effect from August 8, 2022. According to the company’s exchange filing, “M. Vijaykumar (DIN: 01896931) is appointed as an additional director in the capacity of a nonexecutive director of the…
IvyCap Ventures, India’s leading homegrown alumni based Venture Capital firm, has onboarded Tej Kapoor as its Managing Partner. At Ivy Cap Tej will be driving the next phase of growth and investing in various sectors including fintech, consumer tech, Web 3.0, gaming and more. He will be also involved in the strategic thinking and global…
XtraCover, an e-commerce platform providing a gamut of after-sales services for smartphones and other electronic devices, has recently announced the appointment of its co-founder, Sourav Gupta as the new Head of B2C Business to lead growth strategies, operational initiatives, monetisation and expansion. Sourav has started working as the Head of Consumers Business effective 25 July…
Cell therapy company Eyestem announced it has raised $6.4 million in a Series A funding round led by Biological E. Limited (BE), Alkem, NATCO and Anurag and Karan Bagaria, promoters of Kemwell Biopharma. Existing investors Endiya Partners and Kotak Private Equity also participated in the current funding round. Post this funding, Eyestem is valued at…
Global investment firm The Carlyle Group Inc. (Carlyle) announced changes in its executive leadership team. With Chief Executive Officer Kewsong Lee’s five-year employment agreement coming to a close at the end of 2022, both the Company’s Board of Directors and Lee mutually agreed as part of their discussions that the timing is right to initiate…
Edtech unicorn upGrad announced it has raised $210 million in a fresh funding round from marquee investors. upGrad, in a statement, announced that it has raised $210 million in a round that saw participation from ETS Global, Bodhi Tree, Kaizen Management Advisors and others. Moreover, the founder group also invested $12.5 million in this round to…
Sense Digital, a company that provides advertising and digital marketing solutions in India, appointed Sudheendra Chokkasamudra as Vice-President – Sales & Strategy and elevated Ekta Khungar to the position of Vice President, Sales – Key Accounts. Nipun Malik, Co-Founder, Sense Digital said, “It gives us immense pleasure to have this amazing core team by our side as we strive to scale new…
TelioEV, a Hyderabad-based electric vehicle (EV) charging solutions provider, announced the appointment of Mukesh Bansal as its Chief Technology Officer (CTO). Bansal brings around two decades of leadership experience in IoT and Robotics product solutions and customer engagement, according to a statement. Prior to joining TelioEV, Bansal held leadership positions at Signify Innovations India (formerly…
Scripbox, an online wealth management platform, has made a strategic investment in Wealth Managers, a Pune-based wealth advisory platform, according to ETtech report. This is expected to bolster its geographical presence, expand customer base and offer digital solutions to Wealth Managers’ clientele, the report said. “In this business, brand and trust matters. The customers of…
Accenture has agreed to acquire Romp, a brand and experience agency in Indonesia renowned for its creative talent and innovative services across branding, creative and performance marketing. The move will strengthen Accenture Song’s (formerly Accenture Interactive) ability to deliver creative and tech-driven brand experiences for clients across Southeast Asia, a statement said. Ranked as one of Indonesia’s top three…
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings; (ii) Vehicle Manufacturing Plant along with machinery and equipment situated therein;…