Category: News

HiBob acquires payroll automation platform Pento

HiBob, the company behind Bob, the modern HR platform for midsized multinationals, announced the acquisition of cloud-based UK payroll automation platform Pento, subject to closing conditions.  Following the release of HiBob’s Payroll Hub in 2021, the deal represents the next step towards providing an ‘all-in-one’ experience, allowing UK businesses to efficiently solve payroll complexity, a statement said. Pento…

ExaGrid appoints Rohan Cook as AVP of APAC Sales

ExaGrid, the industry’s only Tiered Backup Storage solution, announced the appointment of Rohan Cook as the new AVP of Sales in the APAC region. “I am looking forward to working with the ExaGrid teams located throughout the region, including Australia, New Zealand, Hong Kong, Taiwan, India & SAARC, Japan, South Korea, Singapore & the ASEAN…

Accenture announces acquisition of Insight Sourcing

Accenture has entered into an agreement to acquire Insight Sourcing, a provider of strategic sourcing and procurement services. Insight Sourcing will broaden Accenture’s sourcing and procurement services for private equity companies and the consumer goods, retail, technology and industrial industries, as per the statement. Insight Sourcing helps its clients optimize costs when sourcing and negotiating contracts…

Panacea Biotec appoints Ambika Sharma to its Board

Panacea Biotec Limited announced the appointment of Ambika Sharma to its Board of Directors, with effect from February 14, 2024. According to the company’s exchange filing, “the Board of Directors of Panacea Biotec Limited (“the Company”) has, at its meeting held today, i.e. February 13, 2024, inter-alia considered and approved the appointment of Mrs. Ambika…

Pet care startup Supertails raises $15 mn from RPSG Capital and others

Supertails, a full-stack pet-care startup, has raised Rs 125 crore in its Series B round led by RPSG Capital Ventures with participation from existing investors like Fireside Ventures, Saama Capital, DSG Consumer Partners and Sauce VC, according to moneycontrol report. The Deepika Padukone-backed company will use the money to begin offline operations, invest in technology and…

Alphawave Semi appoints Charlie Roach as Chief Revenue Officer

Alphawave IP Group plc (Alphawave Semi), a global leader in high-speed connectivity for the world’s technology infrastructure, has appointed Charlie Roach as Chief Revenue Officer (CRO). Charlie is a highly accomplished sales executive with over 20 years of experience at publicly traded companies in the semiconductor and IP communication space. Before joining Alphawave Semi, he…

Indian AgeTech Start-up Khyaal raises USD 4.2 Million

Khyaal, India’s number one app for senior citizens, has raised USD 4.2 million in a seed funding round. The round was co-led by 62Ventures, SVQuad, and Inventus Capital. Glen Tullman, Kanwal Rekhi, Raju Reddy, and Raj-Ann Gill, were among the distinguished entrepreneurs and investors who participated in this round. Notable existing investors, including Everywhere Ventures, Supermorpheus, and Unpopular Ventures also invested in this round, bolstering their support to…

Bugcrowd raises $102 mn from General Catalyst, others

Bugcrowd, a 12-year-old crowdsourced cybersecurity startup, has raised $102 million in Series E funding that will help it boost staff to expand internationally and finance potential acquisitions, according to Reuters report. General Catalyst led the funding round, with participation from existing investors Rally Ventures and Costanoa Ventures. Bugcrowd is known for its bug bounty program…

Rite Water Solutions raises 100 crores in Series B funding round

Rite Water Solutions announced it has successfully concluded its second and final part of series – B funding round, securing an investment of INR 32.5 crore from an eminent group of investors. The round saw participation from ace investor Mukul Agrawal, a prominent figure in the Indian stock market, and Gunavanth Vaid, a respected MSME investor and others…

Jet Freight Logistics appoints Deepak Dinesh Kacha as interim CFO

Logistics solutions provider Jet Freight Logistics Limited announced the appointment of Deepak Dinesh Kacha as interim Chief Financial Officer of the company, with effect from February 12, 2024. According to the company’s exchange filing, “The Board of Directors at its Meeting held on February 12, 2024, discussed and approved the appointment of Mr. Deepak Dinesh Kacha…

Anandh Sundar appointed to CERA Sanitaryware Board

Home solutions provider CERA Sanitaryware Limited announced the appointment of Anandh Sundar to its Board of Directors, with effect from February 12, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors at their meeting…

Gypsy Moth appoints Mansi Mehta as Head – HR

Gypsy Moth has announced the appointment of Mansi Mehta as the Head of Human Resources, according to ETHRWorld report. In this role at Gypsy Moth, Mehta will be overseeing all HR initiatives, systems and tactics, supervising the work of HR personnel and providing guidance, monitoring adherence to internal policies and legal standards. Mehta will also…

Unilever appoints Mairead Nayager as Chief People Officer

Unilever announced the appointment of Mairead Nayager as its Chief People Officer, effective June 1, according to ETHRWorld report. Mairead is currently Chief Human Resources Officer (CHRO) of Haleon. Previously, she served as CHRO of Diageo between 2015 and 2022. “We are pleased to announce the appointment of Mairead Nayager as our new Chief People…

Student accommodation platform Amber raises $21 mn led by Gaja Capital

Student accommodation platform Amber has raised $21 million in its first round of institutional funding, led by Mumbai-based private equity firm Gaja Capital, according to ETtech report. The round comprises $18.5 million in fresh equity and the remaining in venture debt from Lighthouse Canton and Stride Ventures. The funds will be used for global expansion…