Category: News

Accenture agrees to acquire The Stable

Accenture has agreed to acquire The Stable — a commerce agency focused on helping consumer brands build and operate their own digital commerce channels as well as manage their brand and sales performance across key North American retailers. The agreement reinforces Accenture’s continued investments in commerce to help clients accelerate growth and sustain relevance, the statement said. The…

Pluralsight appoints former Microsoft exec Somit Goyal as President and COO

Pluralsight, the technology workforce development company, announced the appointment of Somit Goyal as President and Chief Operating Officer (COO). Reporting to Pluralsight co-founder and CEO Aaron Skonnard, Somit will be responsible for overseeing the development and execution of Pluralsight’s cohesive strategy across core product and go-to-market organizations in support of the company’s growth. “Somit’s deep, proven expertise across…

RightData appoints Siva Kolisetti and Rama Ryali to its executive team

RightData, the high-growth startup known for modern data integration and trusted data quality and observability, added two industry leaders to its executive team. Siva Kolisetti joins as Vice President and Head of RightData’s Digital Center based in Hyderabad, India. In this role, he will direct engineering in designing and executing state-of-the-art data lakehouse and data quality software…

DarkPulse signs LOI to acquire OM Optel

Dark Pulse, Inc. (DarkPulse), a technology company focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented BOTDA dark-pulse sensor technology for assessing the health and security of infrastructure, announced it has signed an LOI for the acquisition of Om Optel Industries Pvt. Ltd., a Fiber Optic Cable and…

Bandhan Bank appoints Aparajita Mitra to its Board

Bandhan Bank Limited announced the appointment of Aparajita Mitra as an Independent Director on the company’s Board, with effect from July 13, 2022. According to the company’s exchange filing, “We would like to inform that the Board of Directors of Bandhan Bank Limited (the ‘Bank’), at its meeting held on July 13, 2022, on the…

Infosys to acquire BASE life science

Infosys, a global leader in next-generation digital services and consulting, announced a definitive agreement to acquire BASE life science, a leading technology and consulting firm in the life sciences industry, in Europe. “The acquisition reaffirms our commitment to help global life sciences companies realize business value from cloud-first digital platforms and data, to speed-up clinical trials…

JPIN appoints Parul Jain to the Advisory Board, Rajiv Kapahi joins as the Group COO

Startup investment banking platform JPIN announced the addition of two prominent finance & business strategy experts to their team – Parul Jain joining the advisory board and Rajiv Kapahi joining as the Group COO. Their expertise in global finance and corporate governance will add value to JPIN’s expansion towards exciting opportunities in developing economies such…

ConsCent raises $ 1.75 mn funding led by Inflection Point Ventures

Content monetisation platform ConsCent has raised $1.75 million (about Rs 14 crore) in a funding round led by Inflection Point Ventures, according to PTI report. Early stage funds Varanium Capital, RiSo Capital, SucSEED Innovation Fund, Sigurd Ventures, AngelList, PitchRight Ventures, and angels like Quess Corp’s Vijay Sivaram, former Rivigo Co-founder Gazal Kalra etc also participated…

Appventurez expands its operations overseas; sets-up office in Netherlands

Appventurez, a mobile application development company, announced it has set up its first overseas office in Amstelveen, Netherlands. Appventurez aims to hire over 50 consisting of engineers and digital technology specialists with a focus on low-code and no-code app development in the Netherlands in FY 2022-23, a statement said. As the expansion is going underway,…

Exela Technologies promotes Suresh Yannamani to CEO – Exela Technologies BPA

Exela Technologies, Inc. (Exela) announced the promotion of Suresh Yannamani to Chief Executive Officer, Exela Technologies BPA, LLC, a subsidiary of Exela. “Suresh’s promotion is part of the plans underway since last year including the appointment of several presidents of business units within our accounting segments. Some of these appointments were from within our ranks…

Lightspeed raises over $7 bn to fund early and growth-stage entrepreneurs around the globe

Lightspeed Venture Partners (Lightspeed) announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (Fund XIV) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (Select Fund V) with $2.26 billion, and Lightspeed Opportunity Fund II, L.P. (Opportunity Fund II) with $2.36 billion of committed capital. Separately, Lightspeed India Partners announced the closing of a $500M…

AMS strengthens position in India with FlexAbility acquisition

AMS (formerly Alexander Mann Solutions), the global provider of talent outsourcing and advisory services, announced the acquisition of FlexAbility, its longstanding Recruitment Process Outsourcing (RPO) partner in India, from the shareholders of firm ABC Consultants, the pioneer of recruitment services in the country. FlexAbility, renamed FlexAbility by AMS, will operate within the AMS global platform.…

USISPF appoints Rajesh Nambiar, Chris Toth and Vishal Mahadevia to its Global Board of Directors

The US-India Strategic Partnership Forum (USISPF) announced that three new business leaders have joined the Board of Directors of USISPF, the Washington, D.C.-based advocacy group that champions stronger US-India bilateral commercial and strategic ties. The new leaders joining as members of the USISPF Board of Directors include the following: Chris Toth, Chief Executive Officer of…

Vishal Bhatnagar joins Prodapt as Executive Vice President

Prodapt, a global consulting, technology & managed services provider to the Connectedness industry, announced that Vishal Bhatnagar has joined as Executive Vice President, based in London. With over 26 years of leadership experience, Vishal comes from a tech-commercial background across IT services, BPS, products, and consulting. He will be responsible for scaling Prodapt’s European business…