Category: News

Atento appoints Anil Bhalla as Independent Director

Atento S.A., a provider of customer relationship services and business process outsourcing (CRM / BPO) in Latin America, has appointed Anil Bhalla as independent board director. Mr. Bhalla replaces David Garner, who is stepping down as a member of the Company’s board, a statement said. Carlos López-Abadía, Atento’s Chief Executive Officer, said, “As new independent board director…

Sheraton Grand Pune appoints Erica Gomes as Senior Sales Manager

Sheraton Grand Pune announced the appointment of Erica Gomes as the Senior Sales Manager at the hotel. Erica has been a part of the hospitality industry for almost 12 years and has extensive experience in sales and marketing, a statement said. Erica has a masters in Hospitality and International Human Resource Management from Indian School…

KPIT acquires cloud-based vehicle diagnostics specialist SOMIT Solutions

KPIT Technologies Ltd, a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, announced the acquisition of cloud-based vehicle diagnostics specialist SOMIT solutions. SOMIT enables after-sales operations of high tech luxury and new age OEMs through a cloud-based vehicle diagnostics platform & expert consulting services. Kishor Patil, Co-founder, CEO, and MD, KPIT Technologies, said,…

A5G Networks bags funding from Bharat Innovation Fund

A5G Networks, Inc., a 5G Core Network Software provider for private and public networks, announced investment by Bharat Innovation Fund, a deep-tech focused venture capital fund in India. This round of financing will be used to expand the team, engage with global customers for mobile network transformation and accelerate growth, a statement said. “We are excited…

Next Mediaworks appoints Sandeep Rao as Additional Director

Next Mediaworks Limited announced the appointment of Sandeep Rao, Group Chief Strategy Officer for HT Media, as Additional Director on the company’s Board, with effect from June 1, 2022. According to the company’s exchange filing, “the Board of Directors, in compliance with the applicable provisions of the Companies Act, 2013 and SEBI LODR, approved the…

ConvergeOne names Omar Bhatti as President, Services Organization

ConvergeOne, the preeminent services-led provider of cloud, collaboration and digital modernization solutions, announced that Omar Bhatti, former Vice President and General Manager at GDIT Technology Shared Services, will join ConvergeOne as President, Services Organization, effective today. Bhatti brings over 15 years of leadership experience in the professional services industry, with a history of growing partnerships that…

DhiWise raises $ 2.5M seed round led by India Quotient, Dholakia Ventures

DhiWise, a visual programming platform, announced a $2.5 million seed round by India Quotient and Dholakia Ventures. “DhiWise is building a solution that is desperately needed for developers to be more effective and help accelerate the pace of technological advancement. DhiWise is a niche, high impact, and next-gen solution. It is awe-inspiring to see global…

Branch International appoints Sumith Sumithran as Head of People for India

Branch International, a personal finance apps, announced the appointment of Sumith Sumithran as Head of People for India operation. In this new role, Sumithran will be responsible for driving the people management strategy covering talent acquisition, talent management, learning and development, performance management and diversity & inclusion, according to a statement. Sumithran has over 14…

IDS Next acquires ShawMan Software

Hotel software provider, IDS Next, has announced the acquisition of India-based ShawMan Software, specialist provider of food & beverage, leisure, and wellness cloud solutions for the hospitality industry. Through this acquisition, IDS Next will be able to accelerate the migration of hotels to full-stack enterprise cloud solutions designed for hospitality groups and chains. ShawMan’s software is highly…

EV ride-hailing platform BluSmart raises $25 million

Electric ride-hailing service BluSmart announced it has raised $25 million as part of its extended Series A1 round, according to IANS report. In total, the startup has raised $50.7 million as part of its Series A round. BluSmart said that its EV ride-hailing platform aims to add 5,000 electric cars and scale up its EV…

Hoonartek appoints Peeyoosh Pandey as Global CEO

Hoonartek, a Global systems integrator, announced the appointment of Peeyoosh Pandey as Global Chief Executive Officer. Hoonartek’s new appointment is aimed at scaling its operations globally, driving deeper client and employee engagement while charting the roadmap for the next level of growth of the organisation. With a highly successful career of over the 25 years,…

BigBasket appoints Sumit Nigam as VP of Engineering

BigBasket, a TATA enterprise, has appointed Ex-Walmart Techie, Sumit Nigam as Vice President of Engineering. Founded in 2011, with the mission to become one of the top 3 grocery players in the country, both online and offline, BigBasket — a TATA Enterprise, is India’s largest supermarket today. With its presence across 100+ Indian cities, BigBasket…

Birlasoft re-appoints Dharmender Kapoor as MD & CEO

IT services firm Birlasoft announced it has re-appointed Dharmender Kapoor as Managing Director and Chief Executive Officer of the company for a further period of three years, with effect from June 1, 2022. According to the company’s exchange filing, “We wish to inform you that the Board of Directors of the Company, at its meeting…

Aditya Birla Fashion to raise Rs 2,195 cr of primary capital from GIC

The board of Aditya Birla Fashion and Retail Limited (ABFRL) in its meeting approved raising of up to Rs.2,195 Cr. by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund (GIC). GIC will invest Rs. 770 Cr. now towards subscription of equity and warrants, followed by up…

Marico acquires majority stake in breakfast & snacks brand True Elements

FMCG firm Marico Limited (MARICO) has announced a strategic investment in HW Wellness Solutions Private Limited with an acquisition of ~54% equity stake through primary infusion and secondary buyouts. Co-founded by Puru Gupta and Sreejith Moolayil, HW Wellness Solutions Private Limited owns “True Elements”, a clean label, digital-first brand playing in the rapidly growing healthy…