Category: News

Adani Enterprises & Israel Innovation Authority sign MoU to develop cutting-edge tech solutions

Adani Enterprises Ltd (AEL), the business incubation arm of the Adani Group, has signed an MoU with the Israel Innovation Authority (IIA), the premier public-funded agency overseeing Israel’s innovation policy, for cooperation in technological innovation between Israeli entities and the Adani Group. This cooperation will deepen the existing partnerships that Adani has already established over…

Hannes Ruoff appointed new CEO at Porsche Asia Pacific

Hannes Ruoff has been appointed as the new Chief Executive Officer (CEO) of Singapore-based Porsche Asia Pacific Pte Ltd, effective 1 October 2022. Ruoff comes to the role from Porsche AG and was most recently Area Manager Asia Pacific and Australia in the Overseas and Emerging Markets sales region. He succeeds Arthur Willmann at the…

Zivame ropes in Monish Kaul as Chief Technology & Product Officer

Online lingerie brand Zivame has roped in Monish Kaul as Chief Technology and Product Officer (CTPO). Prior to this role, Kaul served in leadership roles at Halodoc, Mfine, Myntra, and Intel. Kaul has over a decade of experience in helping to build organisations that deliver innovative solutions by applying cutting-edge methodologies and managing engineering and…

Schaeffler India inaugurates Consolidation and Distribution Center in Hosur

Schaeffler India Limited, a global industrial and automotive supplier, announced the inauguration of its largest Consolidation and Distribution Center (CDC) in Hosur, a part of their logistic footprint project to open four consolidation and distribution centers across all four parts of India. The center will help in moving the consolidated material from all plants to the South region,…

Bengaluru-based Crest bags funding from Sirona Hygiene and Samosa Party

SaaS startup Crest announced it has received an undisclosed amount of fresh capital from Deep Bajaj, Co-founder of feminine hygiene brand Sirona and Diksha Pande, Co-founder of the leading QSR brand Samosa Party. Founded in January 2022, Crest is a fully automated inventory planning software focused on helping D2C brands and SMBs with their supply chain requirements.…

Co-Founder Yi He To Lead Binance’s Venture Capital Arm

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced the appointment of its Co-Founder Yi He as the new head of its venture capital (VC) arm and incubator, Binance Labs.  “As part of the founding team, Yi has been actively involved in Labs since its inception and has played a pivotal role in identifying…

Natural Remedies appoints K Narender Reddy as CEO

Phytogenic healthcare company Natural Remedies has appointed K Narender Reddy as the Chief Executive Officer (CEO) with immediate effect. He was the Chief Operating Officer of Natural Remedies prior to being appointed as CEO. Reddy brings profound industry experience across 30 years. He has risen through the ranks as an insider and has been leading the company…

Alibaba Group appoints two Independent Directors

Alibaba Group Holding Limited announced that Irene Yun-Lien Lee, Chairman of Hysan Development Company Limited, and Albert Kong Ping Ng, former Chairman of Ernst & Young China, were appointed as independent directors to the Company’s board, effective August 4, 2022. The new appointments demonstrate the Company’s commitment to corporate governance excellence and diversity at the…

GlobalLogic appoints Nitesh Banga as President and CEO

GlobalLogic Inc., a Hitachi Group Company and leader in Digital Engineering, announced that its President and CEO Shashank Samant will be succeeded by the firm’s current Chief Operating Officer (COO) Nitesh Banga, who will become the new President and CEO effective October 1, 2022. Nitesh is a well-rounded and seasoned executive who has successfully worked…

Milind Nagnur joins Kotak Mahindra Bank as CTO

Kotak Mahindra Bank Ltd. (KMBL) announced the joining of Milind Nagnur as President & Chief Technology Officer (CTO) to spearhead the Bank’s technological transformation. Milind brings with him more than 20 years of global experience in technology leadership roles predominantly in the banking and Fintech space. He has an extensive background in highly regulated financial…

BharatPe appoints Nalin Negi as Chief Financial Officer

Fintech unicorn BharatPe announced the appointment of Nalin Negi as its Chief Financial Officer. Nalin will be reporting to Suhail Sameer, CEO, BharatPe and will be working closely with the Board of BharatPe. In his new role, Nalin will be spearheading the finance function for BharatPe and will be working towards making the company EBITDA positive by March…

Amrita Patel to lead Wells Fargo Equipment Finance

Financial services company Wells Fargo & Company announced Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which offers specialized financing for purchase, acquisition or leasing of assets pertaining to equipment, transportation and rental fleets, as well as comprehensive vendor and dealer programs. Patel will report to Mary Katherine DuBose, head of the bank’s secured…

Clearwater Analytics appoints Jaswinder Pal Singh to its Board

Clearwater Analytics, a provider of SaaS-based investment accounting, reporting, and analytics solutions, announced that tech industry veteran Dr. JP Singh, Professor of Computer Science at Princeton University, Co-founder of CaaStle and Trust Machines, Chairman of 8×8 and Director at Hiro Systems, has been appointed to the company’s Board of Directors. Dr. Singh is a tenured full…

Cielo continues its global expansion and opens a new office in India

Cielo, the world’s leading talent acquisition partner, has opened its first office in India. The new workspace in Gurgaon, just southwest of New Delhi, is a critical milestone for Cielo’s expansion into the Asia Pacific region. Cielo’s team in India offers innovative and proven solutions in talent acquisition for various organizations in the IT, engineering, life sciences, automotive and…