Shutterstock, Inc., a global creative platform for transformative brands and media companies, announced the acquisition of Splash News, one of the world’s leading entertainment news networks for newsrooms and media companies. A leading source for image and video content across celebrity, red carpet and live events for over three decades, Splash News is an industry…
Category: News
TCS rated #1 engineering services provider of the year
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•Tata Consultancy Services (TCS) was rated number 1 in the 2022 Engineering Services Provider of the Year awards by Everest Group. TCS emerged as the #1 player in Engineering Services based on its consistent top performance and leadership position across all five engineering services PEAK Matrix Assessments by – Everest Group – Industry 4.0, Autonomous,…
Fireblocks appoints Varun Paul as Director of CBDC and Market Infrastructure
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•Fireblocks, an asset and crypto technology provider, announced it has appointed the former Head of Fintech at the Bank of England, Varun Paul, as its new Central Banking Digital Currency (CBDC) and Market Infrastructure Director. In this new role, Paul will serve on Fireblocks’ Corporate Strategy team and report to Fireblocks’ Vice President and Head of Corporate…
Coffee Day Global Ltd appoints Malavika Hegde as Whole-time Director
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•Coffee Day Global Limited, a subsidiary of Coffee Day Enterprises Limited, announced the appointment of Malavika Hegde as a Whole-time Director on the company’s Board, with effect from May 30, 2022. According to the company’s exchange filing, “the Board of Directors of the Coffee Day Global Limited, material unlisted subsidiary of the Company at their…
GoKwik appoints Amazon’s Vikas Shukla as Senior Vice President, Engineering
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•GoKwik – an e-commerce enablement company that recently raised $35 Million in Series B led by Think Investments has onboarded Vikas Shukla as the Senior Vice President of Engineering. Vikas has over 20 years of experience in product development across image processing, EDI documents and various functions within the Supply Chain like forecasting, planning, supplier…
Japan’s Chubu Electric makes investment in OMC Power to scale its renewable energy portfolio in rural India
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•OMC Power announced its new partnership through a Share Subscription Agreement with Chubu Electric Power Co. Inc., a leading Japanese energy utility. As their first-ever investment in India, Chubu Electric will support the OMC Power’s expansion of green energy production, storage, and distribution portfolio in rural India. This will complement the efforts being made towards decarbonization…
Open appoints Vijay Sriram as VP of Engineering
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•Open Financial Technologies Pvt. Ltd. has appointed Ex-Amazon Techie Vijay Sriram as the Vice President of Engineering. “Vijay’s appointment comes at an opportune time. As Open continues to move forward, I am confident that Vijay’s in-depth knowledge, domain expertise and driven ideas will support us in achieving our tech goals and help us scale in…
Easy Pay appoints Vaibhav S Joshi as Co-Founder & CEO
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•Easy Pay, a disruptive digital payments platform offering financial inclusion in urban and rural India has announced the appointment of Vaibhav S Joshi as their new Chief Executive Officer (CEO). In his new role, Joshi will build the MSME Neobank by leading the business expansion plans and key strategic initiatives for the growth of Easy Pay in addition…
Sportradar appoints new MD for Asia Pacific region
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•Sportradar, a global sports technology company, announced the appointment of Oscar Brodkin as Managing Director Asia Pacific (APAC). Brodkin will report directly to Eduard Blonk, Chief Commercial Officer. Based in Singapore, Brodkin’s new role as Managing Director APAC will oversee the business and sales functions at Sportradar and will be responsible for driving business strategies and developing…
SUGAR Cosmetics closes $50 mn Series D funding led by L Catterton
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•SUGAR Cosmetics (SUGAR), an omnichannel beauty company, announced the close of its $50 million Series D fundraise led by the Asia fund of L Catterton, the largest global consumer-focused private equity firm. The upsized round saw strong interest from multiple private equity funds with continued participation from existing investors – A91 Partners, Elevation Capital, and India Quotient – firmly placing the…
Synaptic raises $20mn in Series B funding round from Valor Equity Partners
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•Synaptic, an alternative data insights start-up, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partners. Synaptic combines the best of technology, machine learning, and finance to bring sophisticated alternative data insights to decision-makers. “The amount of data generated by the world grows exponentially every year and can be…
DaveAI raises strategic round of funding by marquee investors from Japan and India
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•DaveAI, a virtual AI avatar led sales experience platform announced a strategic round of investment led by Maruti Suzuki India Ltd., GHV, and Hakuhodo Inc. The round also saw participation from existing investors Mumbai Angels Network and IIIT Seed fund. Talking about the investment, Sriram P H, Co-founder & CEO said, “This strategic round of investment will…
Airtel to set up digital technology hub in Pune, looks to hire 500 people for the facility
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•As part of its growing in-house digital engineering capabilities, Airtel is looking to set up a new technology center in Pune. This will be Airtel’s fourth digital technology hub in India and first in the Western region to support its strategy to pivot to a digital services company, especially as 5G services are on the…
Pragya Bhatnagar joins Momspresso as Creative Head
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•Momspresso.com, India’s largest content and influencer platform for women, has announced the appointment of Pragya Bhatnagar as the Creative Head. Pragya will be responsible for creating insight-driven campaigns for brands and overseeing the creative execution, a statement said. A graduate from IIMC, Pragya moves to Momspresso after spearheading the brand design mandate at the prominent advertising firm…
Glamyo Health to double its employee strength
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•Glamyo Health, a healthcare brand operating in the fields of elective and cosmetic surgeries, has announced to increase its employee strength to 2X within the next six months. Currently, the healthcare brand has a total employee strength of 300 and with the fresh enrollment, the number is likely to cross the mark of 600, a…