Category: News

Lumikai appoints Devadatta Rajadhyaksha as CFO, Kislay Shashwat as VP of Investments

Lumikai, India’s gaming and interactive media venture capital fund, announced the expansion of its leadership team with the appointment of Devadatta Rajadhyaksha as Chief Financial Officer and Kislay Shashwat as Vice President of Investments. The key hires will strengthen the senior foundation of Lumikai operations as the fund scales up its investments pipeline and launches…

Vikas Lifecare raised Rs 50 crore via QIP from Forbes EMF, Nomura & AG Dynamic

The company board of Vikas Lifecare Limited has approved the issuance and allotment of 12.50 crore equity shares to eligible, qualified institutional buyers (QIBs). The company has informed the bourses about the same.  Through this qualified institutional placement (QIP), the diversified listed conglomerate will be launching Rs 50 crore from the investors by alloting the…

Yasho Industries appoints Sudha Navandar to its Board

Yasho Industries Limited announced the appointment of Sudha Navandar as Additional and Independent Director on the company’s Board, with effect from June 6, 2022. Sudha Navandar is a qualified Chartered Accountant and a member of the Institute of Chartered Accountants of India. She is a Certified Public Accountant, USA, and also an Insolvency Professional registered…

Balancehero India appoints Sonia Chhabra Gupta as its Chief Business Officer

Balancehero India Private Limited (BHI), which runs and operates “True Balance”, (the RBI-authorised PPI issuing entity) and a holding company of True Credits (RBI Licensed NBFC), announced the appointment of Sonia Chhabra Gupta as its Chief Business Officer (CBO) of True Credits Pvt. ltd. Founded in 2016, as a mobile app for users in India to efficiently manage their phone…

Karnataka Bank appoints Raghuram H S as Chief Risk Officer

Karnataka Bank Limited announced the appointment of Raghuram H S, Deputy General Manager, as Chief Risk Officer, with effect from June 8, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015, we wish to inform that the Board of Directors of the Bank has designated Mr. Raghuram…

BHARTI AXA Life Insurance elevates Dhanashree Thakkar as Head of HR

Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, and AXA, one of the world’s largest insurance companies, announced that Dhanashree Thakkar, Vice President HR, has been elevated as Head of Human Resources. She replaces Jai Balan, who will move on after completing the transition process by June 2022. Dhanashree joined Bharti AXA Life in…

Gurugram-based Dubverse.ai raises $800K seed funding from Kalaari Capital and Others

Dubverse.ai, a Gurugram-based AI-powered SaaS video content dubbing and creation platform, announced it has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to the users…

Global investment firm KKR invests in apexanalytix

KKR, a global investment firm, and apexanalytix (apex), a provider of supply chain risk management software and services, announced that KKR has signed a definitive agreement to acquire a majority interest in the Company. apex’s largest shareholder, Carousel Capital (Carousel), a private investment firm that invests in companies located in the Southeastern United States, will…

Zoom hires Greg Tomb as President

Zoom Video Communications, Inc. announced that Greg Tomb will join the company as President effective June 7, 2022. Tomb brings more than 20 years of experience and comes to Zoom from Google Cloud, where he was most recently Vice President of Sales, Google Workspace, SMB, Data & Analytics, Geo Enterprises, and Security Sales, the statement…

Forescout announces intent to acquire Cysiv

Cybersecurity major Forescout Technologies, Inc. announced that it has signed a definitive agreement to acquire Cysiv, a cybersecurity innovator that uses its cloud platform to improve detection and response of true threats. With this acquisition, Forescout will leverage Cysiv’s threat detection engine to analyze a wealth of asset and network communications data automatically collected by Forescout’s…

Fox Corporation appoints Gabrielle Brown as Chief Investor Relations Officer

Fox Corporation announced the Company’s new head of investor relations. Gabrielle Brown has been named Executive Vice President and Chief Investor Relations Officer for Fox Corporation. The role will be based in New York, and she will report to Steve Tomsic, Chief Financial Officer, Fox Corporation. Brown succeeds Joe Dorrego, who established the FOX investor relations team in 2019 and has…

Osmo from BYJU’S appoints new Chief Reading Officer

LeVar Burton, the legendary actor, presenter, director, podcaster and author is taking on a new role as the Chief Reading Officer (CRO) for Osmo from BYJU’S, the company announced in its release. Burton has been a high-profile advocate of reading for decades and was drawn to the engaging way Osmo from BYJU’S uses technology to…

gDEX Metaverse announces its global leadership, appoints Sonalii Abrol as COO

gDEX, a revolutionary Play to Earn platform powering gamers, creators, and guilds in the Metaverse, announced its key global leadership team. This team comprises veterans from various segments of both the crypto and gaming industries, with portfolios spanning some of the most well-known names in the world such as Nintendo, Ubisoft, JP Morgan, Disney, Pokemon,…

Power Grid appoints Dilip Nigam as Govt. Nominee Director

Power Grid Corporation of India announced the appointment of Dilip Nigam as Government Nominee Director on the company’s Board, with effect from June 6, 2022. According to the company’s exchange filing, “The Company is in receipt of an Office Order dated 06.06.2022 from Ministry of Power communicating appointment of Shri Dilip Nigam, Scientist ‘G’, Ministry…

Snow Lake Lithium announces Chairman resignation, Board appoints CEO Philip Gross as Successor

Canadian mining major Snow Lake Resources Ltd., (Snow Lake), announced the resignation from its Board of Directors of its Chairman, Louie Simens, effective May 29, 2022, and the appointment of Chief Executive Officer, Philip Gross, as successor effective immediately. Simens served as the Chairman of Snow Lake’s Board of Directors from December 2020 and as…