US-based health solutions company CVS Health has appointed Tilak Mandadi as Executive Vice President and to the newly created role of Chief Data, Digital and Technology Officer, effective July 25. Mandadi will be responsible for the company’s data, digital and technology strategy while overseeing growth and innovation through digital-led, consumer-focused experiences and services, a statement said. “Technology is…
Category: News
TO THE NEW expands its presence in India with a new office in Dehradun
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•TO THE NEW, a digital technology company, recently opened a new office in Dehradun’s IT Park to leverage the area’s diverse talent pool and support its growth strategy. With this addition, TO THE NEW now has 6 offices across the globe. Besides its main delivery centre in Noida (India), the company has offices in the…
ANAROCK Group appoints industry veteran Mudit Gupta as Head – Hyderabad Residential
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•ANAROCK, an independent real estate services firm, has appointed real estate veteran Mudit Gupta as City Lead for its Hyderabad Residential operations. With over 13 years of hands-on sales and marketing experience across the residential real estate value chain, Mudit Gupta has been with the ANAROCK Group since 2020, serving as Head of Residential Business Operations…
Koo strengthens leadership, appoints Sunil Kamath as Chief Business Officer
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•India’s multi-lingual social media platform – Koo – announces the appointment of Sunil Kamath as Chief Business Officer. In this new role, Sunil will lead growth strategies, marketing, business partnerships, monetization and expansion at Koo – which is poised to empower over a billion voices with the freedom to share thoughts and opinions in a…
Delhivery appoints Aruna Sundararajan to its Board
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•Logistic and supply chain startup Delhivery announced it has appointed Aruna Sundararajan as Non-Executive Independent Director on the company’s Board, with effect from July 8, 2022. According to the company’s exchange filing, “this is to inform you that based on the recommendations of Nomination and Remuneration Committee, the Board vide its resolution dated July 08,…
Kotak Mahindra Bank acquires DLL India’s Agri and Healthcare Equipment financing portfolio
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•Kotak Mahindra Bank (KMBL) announced that it has acquired the Agri and Healthcare Equipment financing portfolio of De Lage Landen Financial Services India Private Limited (DLL India), a subsidiary of De Lage Landen International B.V., owned by Rabobank. The operations of DLL India Acquired Portfolio will be transitioned to Kotak Mahindra Bank in a planned…
CoinSwitch appoints Sudheer Tumuluru as Head of Crypto Engineering
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•Crypto investing platform CoinSwitch has appointed Sudheer Tumuluru as the Head of Crypto Engineering to lead the company’s efforts to build and reinforce the technology stack that drives crypto trading, exchange, and emerging crypto products. Sudheer joins the Crypto unicorn from Myntra where he was the Vice President of Engineering. A seasoned technology leader with…
Johnson Controls Inaugurates Global Business Center in Gurgaon
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•Johnson Controls (JCI), the global leader for smart, healthy and sustainable buildings, announced the inauguration of a Global Finance Center of Excellence at Intellion Park, Gurgaon, India. The 85,000 square feet Center will play a critical role in the global finance operations of Johnson Controls. The new office will employ an initial 900 staff, with…
InfraCloud’s BotKube acquired by Kubeshop
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•InfraCloud Technologies and Kubeshop.io have signed a definitive agreement whereby Kubeshop.io has acquired a majority stake in BotKube. InfraCloud Technologies is a Kubernetes focussed B2B Open Source Cloud Native Computing company which has been building products, services, and solutions to modernize applications and infrastructure, a statement said. Vishal Biyani, CTO & Founder at InfraCloud, said, “This is…
IKEA India appoints Murali Iyer as new CFO
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•Swedish home furnishings major IKEA announced the appointment of Murali Iyer as its new Chief Financial Officer, in India, according to The Hindu report. He takes over from Preet Dhupar, who has moved into a global role within Ingka Group, that owns IKEA, as per a company statement. Iyer would be part of IKEA India…
Betolar continues its expansion in Asia with first commercial agreements signed in India for low-carbon Geoprime solution
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•Betolar has signed its first commercial agreements in India. The company and three Indian concrete manufacturers have entered into commercial agreements to use a low-carbon Geoprime solution that uses industrial side streams for a cement alternative. The contract partners are Sneh Precast, Shiv Tiles and Balaiji Cement Products. The companies’ product offering focuses on various…
Santosh Shukla becomes CEO of British Organization World Book of Records
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•Senior advocate of the Supreme Court of India, Santosh Shukla has become the new Chief Executive Officer (CEO) of the British Organization –World Book of Records. He has been appointed by the Central Working Committee of the organization recently. He will also carry out business activities of International Quality Certification of iudex International of United…
Piramal Pharma Ltd appoints Nathalie Leitch, Sridhar Gorthi and Peter Stevenson to its Board
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•Piramal Pharma Ltd (PPL) announced the addition of three members to its board of directors. “We are pleased to welcome Mr. Peter Stevenson, Ms. Nathalie Leitch and Mr. Sridhar Gorthi to the board. These new appointments, which come ahead of the planned de-merger of PPL from Piramal Enterprises Ltd (PEL), will assist us in maintaining high governance for the new listed corporate entity,”…
M2P Fintech leads seed investment in Account Aggregator platform Finvu
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•M2P Fintech, one of Asia’s leading API infrastructure provider led the USD 2.50 million funding round for the Account aggregator platform Finvu. Varanium Nexgen Fund, IIFL and DMI Sparkle Fund also participated in the round. Founded in 2017, Finvu is a registered and licensed NBFC Account Aggregator (NBFC-AA) from the Reserve Bank of India (RBI)…
Newgen and Coforge Form a Global Strategic Alliance to Accelerate Digital for Organizations
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•Newgen Software, a global provider of a low code digital transformation platform, announced its partnership with Coforge, a global digital services and solutions provider to empower leading insurance firms, public sector organizations, and others in the US, Europe, and rest of the world. This alliance brings together Coforge’s expertise and implementation resources strength with Newgen’s…