Park+, a mobile-first car ownership super app, announced its acquisition of Otopark, a community driven parking solution provider which connects people looking for parking spots with people who have spare parking space inventory. Through this acquisition, Park+ has achieved 100% coverage in the Mumbai Metropolitan Region (MMR). Additionally, all Otopark employees will be absorbed by Park+…
Infosys, a next-generation digital services and consulting company, and Harvard Business Publishing, announced their collaboration to empower India’s next generation, through Infosys Springboard, with critical digital and life skills made available free of cost. This is part of the continued efforts Infosys is making to empower 10 million plus people with digital skills by 2025…
Global Processing Services (GPS), a global payment technology platform, has announced the appointment of Cameron Cox as Chief Transformation Officer (CTO). In this newly created role, Cameron will shape GPS’ strategic integrated payments business initiatives to capture new international growth opportunities. Based in London, Cameron sits on GPS’ global executive committee, a statement said. Cameron…
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai, and Casablanca. BCGDV will join an established BCG network presence in India and Morocco, creating the opportunity to leverage the combined efforts of BCGDV with BCG GAMMA and BCG Platinion to transform key markets and industries…
Direct-to-Consumer (D2C) skincare brand Foxtale has raised $4 million funding led by Matrix Partners India. Existing investor Kae Capital also participated in the funding round, along with angel investors. Launched in December 2021 by Romita Mazumdar, Foxtale focuses on affordable skincare products. The company presently sells online and clocks most of its sales through its…
Boomi, the intelligent connectivity and automation leader, announced the appointment of Madeline Ling as chief financial officer (CFO), Marcy Campbell as chief revenue officer (CRO), and Fran Wilson as chief marketing officer (CMO), effective immediately. Additionally, Emmy award-winning news journalist Christa Delcamp joins Boomi to support public relations and media strategy, and James Dyson joins…
Adani and energy supermajor TotalEnergies of France have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). The new partnership, centered on green hydrogen, is expected to transform the…
Apollo announced that funds managed by its affiliates (the Apollo Funds) have agreed to acquire Cardenas Markets (Cardenas), a leading grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a leading global investment firm. Upon completion of the transaction, Apollo Funds will combine Tony’s Fresh Market, a Chicago-based portfolio company,…
Air conditioning and commercial refrigeration major, Blue Star Limited announced the appointment of Anita Ramachandran to its Board of Directors, with effect from June 13, 2022. According to the company’s exchange filing, “the Board of Directors of the Company has approved appointment of Ms Anita Ramachandran (DIN: 00118188) as an Additional Director designated as an…
Tata Consultancy Services (TCS) announced plans to continue growing its footprint in Minnesota by expanding its hiring program in the coming year and accelerating its STEM outreach efforts in local schools to cover 50% more students and teachers. “We’re incredibly excited that a global leader in STEM jobs and education programs is expanding here in…
HealthPlix, an EMR platform for doctors, announced it has appointed Manpreet Singh as Head of Commerce and Subhadeep Mondal as VP, Products. Commenting on the appointments, Chaitanya Raju, Chief of AI, HealthPlix, said, “HealthPlix has become synonymous with a doctor’s stethoscope and is well positioned to tap into the 100Bn healthcare opportunity. The appointment of…
Klub, a revenue-based financing platform, announced the appointment of IIT Bombay alumnus Prashant Bhadauria as the Senior Vice President of Technology and Product. As the SVP at Klub, Prashant would be responsible for leading its team of engineers and product managers in evolving and expanding its technology solutions. Under Prashant’s leadership, Klub is expected to grow…
India’s renowned behavioural scientist Dr. Sanjeev P. Sahni, Principal Director at Jindal Institute of Behavioral Sciences (JIBS) has assumed his position as the Vice President of the World Society of Victimology (WSV) at the 17th International Symposium on Victimology in San Sebastian, Basque Country, Spain. Dr Sahni is only the second person from India to…
Unwind Mind announced the closing of its pre-seed funding round wherein it raises Rs. 2 Cr. at a Valuation of Rs. 15 Cr. with participation from strategic investors, including Yogesh Chaudhary and Marwari Catalysts. Unwind Mind is a D2C venture aiming to enter into D2C fashion brands. Further, the startup will use the funding to aid…
Omnichannel eyewear brand Lenskart has raised $28 million from Avendus Future Leaders Fund II, according to the startup’s regulatory filings. Existing investors Temasek, Schroder Adveq and others also participated in the funding round. Lenskart will invest a portion of the funding round in its direct-to-commerce (D2C) roll-up commerce venture Neso Brands, according to ETtech report.…