Category: News

Awign partners with Kerala Development and Innovation Strategic Council to boost employment in the state

Awign, a tech-enabled work fulfilment platform has signed a Memorandum of Understanding (MoU) with the K-DISC, Government of Kerala’s Development and Innovation Strategic Council to provide employment opportunities on its platform for the youth of Kerala. Transforming the Future of Work, the gig economy has the potential to impact 23.5 million workers in the next eight years,…

Semtech Corporation to acquire Sierra Wireless

Semtech Corporation, a global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc., a world-renowned Internet of Things (IoT) solutions provider, announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for US$31 per share in an all-cash transaction representing a total enterprise value of…

Lineage Logistics acquires New Zealand-based Cold Storage Nelson

Lineage Logistics, LLC. (Lineage), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, announced it has acquired leading New Zealand cold storage business, Cold Storage Nelson Limited (CSN). Financial terms of the transaction were not disclosed. “CSN has industry-leading skills in inventory control, compliance and traceability,” Jeff Rivera, Lineage’s Global Chief…

Mindbody appoints Fritz Lanman as CEO

Mindbody, a technology platform for the wellness industry, announced the appointment of Fritz Lanman as its new Chief Executive Officer, effective September 3, 2022. Lanman, a seasoned wellness and technology executive who has a proven track record of growth and innovation will succeed Josh McCarter, who will transition to the Mindbody Board of Directors. “It has been an honor…

National Fertilizers Limited appoints Dr. Prathibha A to its Board

National Fertilizers Limited announced the appointment of Dr. Prathibha A as an Additional Director (Part-time Government Nominee Director), with effect from August 3, 2022. According to the company’s exchange filing, “we are pleased to inform you that Dr. Prathibha A. has been appointed as an Additional Director (part time Government Nominee Director) on the Board…

Astreya appoints Ani Patwardhan as Chief Operating Officer

Astreya, a premier IT managed services & technology organization, announced the appointment of Ani Patwardhan as Chief Operating Officer. Ani joins Astreya with over 20 years of operating and consulting experience. He is a customer-centric, well-rounded senior executive with a track record of accelerating operational and financial outcomes. In his new role with Astreya, Ani is responsible…

Wendt (India) Ltd appoints Muthiah Venkatachalam as Additional Director

Wendt (India) Limited announced the appointment of Muthiah Venkatachalam as an Additional Director on the company’s Board, with effect from August 2, 2022. According to the company’s exchange filing, “We wish to inform that the Board of Directors at their meeting held today i.e. Tuesday, 02nd August 2022, have appointed Mr. Muthiah Venkatachalam (DIN: 07045802)…

Jio Platforms partners with Subex HyperSense AI to augment its 5G product line

Subex, a provider of Telecom Analytics Solutions and AI-led Digital Trust products to communication service providers, and Jio Platforms Limited (JPL) an Indian Technology Company, announced a partnership for its AI Orchestration Platform, HyperSense, which can enable telcos to deliver on the promise of AI across the data value chain. As per the collaboration, JPL…

OnMobile Global appoints Nir Efrat as CEO, ONMO Inc.

OnMobile Global Limited, a mobile gaming & entertainment company, announced the appointment of Nir Efrat as the Chief Executive Officer of ONMO Inc, its direct-to consumer social esports mobile gaming company, effective August 2, 2022. Nir Efrat joins ONMO Inc. with over 25 years of experience as a seasoned software and product development leader, of…

Accelya Solutions India appoints Saurav Adhikari as Independent Director

Accelya Solutions India Limited announced the appointment of Saurav Adhikari as an Independent Director on the company’s Board, with effect from August 2, 2022. According to the company’s exchange filing, “the Board of Directors has passed a resolution today i.e. on 2nd August, 2022 approving the appointment of Mr. Saurav Adhikari (DIN: 08402010) as an…

Sun Pharma Chairman Israel Makov to retire on completion of term

Sun Pharmaceutical Industries Limited announced that its Chairman and member of the Board, Israel Makov, will retire from the company upon the completion of his current term post Sun Pharma’s Annual General Meeting on August 29, 2022, after having led the organisation for 10 years. He was appointed a Board member and the Chairman in…

Bangalore-based startup VOIZ raises Rs 15 cr in seed funding round

VOIZ – a marketplace for gig work professionals has raised seed funding of Rs ~15 crores ($ 2 million) led by Omidyar Network India with participation from other investors. The company will use the funds to scale up its technology, on-board more talent on the platform, and expand their market presence. Founded by Rajesh Bernard, Vineet Patil,…

Blue Dart re-appoints Balfour Manuel as MD; appoints Prakash Apte and Padmini Khare Kaicker to the Board

Blue Dart Express Limited, South Asia’s premier express air and integrated transportation and distribution logistics company has re-appointed Balfour Manuel as Managing Director for another term of 5 years with effect from 16th May, 2022. The shareholders of the Company approved his re-appointment at the recently held Annual General Meeting, a statement said. Balfour Manuel…

SymphonyAI appoints Pushpraj Shukla as VP of Artificial Intelligence and Machine Learning

SymphonyAI, a leader in high-value enterprise AI SaaS for strategic industries, announced that Pushpraj (Raj) Shukla has joined the company as vice president of artificial intelligence and machine learning (AI/ML) and head of incubation. Shukla will lead the advancement of the enterprise AI platform, Eureka, that supports SymphonyAI’s applications in key vertical industries. These include retail, CPG,…

TCS recognized as a Leader in North America IT Security Services

Tata Consultancy Services (TCS) has been recognized as a leader in Everest Group’s PEAK Matrix for IT Security Services – North America, based on an assessment of 27 cybersecurity providers for market impact, vision, and capability. “We help clients develop a comprehensive cybersecurity strategy and strengthen their cyber resilience with next-generation services and solutions. The…