Indian conglomerate Dalmia Bharat Limited announced the appointment of Rajeev Kumar as Company Secretary and Compliance Officer of the company, with effect from June 17, 2022. He succeeds Sanjeev Gemawat, who has resigned from the position of Executive Director, Group General Counsel and Group Company Secretary w.e.f. June 16, 2022 According to the company’s exchange…
Larsen & Toubro Infotech, a global technology consulting and digital solutions company, has expanded its operations in Kolkata by setting up a new facility in the city. The new center marks company’s expansion in the Eastern region of the country and is designed to meet the requirements of a futuristic and modern workplace, a statement…
India’s startup ecosystem enabler, Marwari Catalysts closed its last round at a valuation of $20M, with active participation from existing and new shareholders, Sandeep Gulati (CEO – South Asia & MD – India at Egis), Yogesh Chaudhary (Founder – Jaipur Rugs), NitinSethi (CDO – Adani Group), Ankur Mishra (Director – Central Academy), AshutoshGehlot (Promotor, OS Group) and…
Rent Alpha Pvt. Ltd., a leasing and residual management company and owner of CapSave Finance, an NBFC, announced the appointment of Ravi Bulchandani to its Board of Directors. “The addition of Ravi Bulchandani to the Board will bring a huge amount of global knowledge to Rent Alpha,” said Bharat Bhise, Founder and CEO of Bravia Capital, majority owner in Rent Alpha. “Ravi was a senior…
Life Insurance Corporation of India announced it has acquired additional stake in Dr. Reddy’s Laboratories Limited. Post acquisition, the company holds a 5.646 per cent stake in the pharmaceutical major. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that…
Valo Therapeutics Oy (ValoTx), the developer of novel, adaptable immunotherapy platforms for cancer and infectious diseases, announced the appointment of Dr Hemanshu Shah as Chief Business Officer (CBO), based in the US. ValoTx’s CEO, Paul Higham, said, “I am delighted to welcome Dr Hemanshu Shah as our CBO. Hemanshu brings a wealth of business development experience from an impressive career…
Learning platform Unacademy has appointed Sunil Baby as its Chief Business Officer – Offline to lead growth and expansion of its offline network. He will report into Vivek Sinha, Chief Operating Officer, Unacademy and will be based out of the company headquarters in Bengaluru, Karnataka. In his new role, Sunil will be responsible for driving growth…
Cyient, a consulting-led, industry-centric, global Technology Solutions company, announced the appointment of Prabhakar Shetty as its Chief Digital Officer. Prabhakar will lead digital strategies to expand the company’s digital technology footprint by scaling the services lines related to connected manufacturing, intelligent products, and platforms and strengthening IntelliCyient, its digital solutions suite, a statement said. Prabhakar…
Employee Benefits and InsurTech platform Pazcare announced that it has raised $8.2 million led by Jafco Asia. The round also saw participation from existing investors 3One4 Capital and BEENEXT. The fresh round of funds will be used to further strengthen and expand the product line and in the growth of the business. Post this round…
Hyper-social gaming platform Bombay Play has recently announced the appointment of Kunal Mordekar as the new Chief Operating Officer, effective May 2022. With the latest addition to the executive leadership team, Bombay Play aims to fast-track business growth and commercial success while strengthening the leadership structure, a statement said. Founded in 2018 by Oliver Jones…
Xceedance, a U.S.-based global provider of strategic operations support, technology, and data services to insurance organizations, recently announced plans to hire 500 additional skilled resources in India. The company currently has a 2,700-member team across the United States, United Kingdom, Liechtenstein, Poland, India, and Australia, a statement said. New teammates will join an insurance-focused, digital-first…
Global investment firm KKR & Co. Inc. has appointed Raymond J. McGuire to its Board of Directors effective June 15, 2022. His appointment will bring the number of independent directors to thirteen out of a total of seventeen Board seats, a statement said. McGuire is the former Vice Chairman of Citigroup, and, for over a…
Bandhan Bank, a Kolkata-based banking and financial services company, announced the appointment of Philip Mathew to its Board of Directors, with effect from June 15, 2022. According to the bank’s exchange filing, “We would like to inform that the Board of Directors of Bandhan Bank Limited (the ‘Bank’), at its meeting held on June 15,…
Engineers India Limited (EIL), an Indian government owned engineering consultancy service provider, announced the appointment of Dheeraj Kumar Ojha (D. K. Ojha) as Government Nominee Director on the company’s Board, with effect from June 16, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,…
UFO Moviez India Limited, an Indian digital cinema distribution network and an in-cinema advertising platform, announced the appointment of Rajiv Batra and Swati Mohan to its Board of Directors, with effect from June 15, 2022. Rajiv Batra, aged 66 years, is Economics Honors graduate and a qualified Chartered Accountant. He brings an experience of nearly…