Flip, the next-generation e-commerce platform combining a TikTok-like discovery experience with a premium e-commerce service, announced a $60 million Series B funding round at a valuation of $500 million. The funding round was led by WestCap with participation from previous investors Mubadala Capital and Streamlined Ventures, bringing the company’s total capital raised to $95 million. “Our thesis…
Hyundai Motor Company announced appointing Brian Latouf to the new position of Global Chief Safety Officer, (GCSO). Latouf reports to José Muñoz, President and Chief Operating Officer (COO) of Hyundai Motor Company, and President and CEO, Hyundai Motor North America (HMNA). As the newly created GCSO, Latouf will integrate the engineering resources of Hyundai and HMNA by…
Apparel firm Future Lifestyle Fashions Limited announced the appointment of Bharat Ram and Neelam Chhiber as Independent Directors on the company’s Board, with effect from July 19, 2022. Bharat Ram (aged 59 years) holds Master in Business Administration. He has over three decades of experience in the Home Textiles, Apparel and FMCG sectors, associated with…
Hindustan Unilever Limited (HUL) announced the appointment of Yogesh Mishra as Executive Director, Supply Chain, HUL and Head – Supply Chain, Unilever South Asia with effect from September 1, 2022. Yogesh takes over from Willem Uijen who has been elevated as the Chief Procurement Officer for Unilever, globally. Yogesh who is currently the Vice President…
Poonawalla Fincorp Limited (Formerly known as Magma Fincorp), a non-deposit-taking systemically important non-banking finance Company announced the appointment of Hiren Shah as the Head of Investor Relations. As the company scales up its business, Poonawalla Fincorp has been strengthening its leadership team. Hiren, who comes with over two decades of experience, will lead engagement with…
Control Print, a manufacturer of coding and marking solutions in India, announced the appointment of Jaideep Barve as Chief Financial Officer of the company, with effect from August 1, 2022. He succeeds Rahul Khettry, who has resigned from the role of CFO, with effect from July 31, 2022. According to the company’s exchange filing, “Further…
VFS Global, the world’s largest outsourcing and technology services specialist for governments and diplomatic missions, announced the appointment of Aditya Arora as its Chief Operating Officer. Aditya will be responsible for managing the company’s global operations, focusing especially on developing greater efficiencies and synergies across all its services and products for applicants and client governments. He…
Chennai-based agritech startup Veg Route has raised seed funding of $1.1 million led by VGROW Ventures from the US along with Ravi Shankar Kathirvelu, Chief Business Officer, Venture Partner, and Investor also with Founders of Chennai-based Fintech Startup Ippopay – Mohan K and Jai Kumar, Hari TN Co-Founder Artha School of Entrepreneurship and Abhishek Raj…
WinWire Technologies, a Data-driven Digital Engineering company, announced the appointment of Katy Brown, VP of Enterprise Sales, Software & Digital Platforms, leading the National High-Tech Industry Vertical at Microsoft, to its Board of Directors. Katy brings a wealth of industry knowledge, business acumen, and strategic thinking to WinWire’s Board. Her extensive leadership experience in managing large-scale organizational…
Whirlpool Corporation, a global major appliance company, announced that Rob Byrd has been appointed as General Manager of Builder Sales. After nearly 15 years of dedication and experience in various roles at Whirlpool Corp., Rob Byrd will be responsible for leading the builder sales team and ensuring builder and distributor customers across the country have the support they need…
Shiprocket announced acquisition of Arvind’s omnichannel technology business – Om uni. The transaction will be carried out as a combination of stock and cash for total consideration of Rs. 200 crores. The combination of both entities will facilitate quick, efficient deliveries of shipments from the nearest store or warehouse, significantly reducing delivery timelines and enhancing…
Tube Investments of India Limited announced it has formed a 100% subsidiary viz. TI Clean Mobility Private Limited (‘TICMPL’) to consolidate and focus on its clean mobility ventures. TICMPL has existing interests in 3-wheeler electric vehicle and electric tractors (operated through its subsidiary Cellestial E-Mobility Private Limited). ln line with its vision to pursue clean…
Neogen Chemicals Limited announced the re-appointment of Dr. Harin Kanani as Managing Director of the company, with effect from July 22, 2022. Dr. Harin Kanani heads various business functions of the Company including research and development, business development, growth strategy, quality control, purchase, marketing and finance, a statement said. He holds a bachelor’s degree in…
Mastek, a Digital Engineering and Cloud Transformation provider, announced the signing of a definitive agreement to acquire MST Solutions. MST Solutions is based in Chandler, AZ, and is an independent Salesforce consulting partner in the Americas region. MST is a trusted partner to several Fortune 1000 and large enterprise clients. MST has built a strong…
The Global Phosphorus Institute (GPI) announced on June 16th 2022 the designation of Dr. Kaushik Majumdar as Interim Executive Director, with missions of operationalization of current Projects & Activities and further development of GPI. “We are pleased to welcome Kaushik at GPI to direct and develop further this global initiative,” said Hicham El Habti, the President…