TVS Motor Company, a manufacturer of two-wheelers and three-wheelers globally,announced an additional investment of £100 million in Norton Motorcycles, Britain’s sporting motorcycle brand, which was acquired in April 2020. Norton recently opened its new manufacturing facility in Solihull, West Midlands, building British bikes in England using traditional hand-crafted techniques with modern-day machinery for consistently high…
Tetrate, the enterprise service mesh company founded by creators and maintainers of Istio and Envoy, announced that Sanjay Poonen will serve as a strategic advisor to the company. Poonen is a seasoned high-tech executive with extensive experience in product innovation and go-to-market scaling of multibillion-dollar businesses, a statement said. Most recently, as COO of VMware,…
National Fertilizers Limited, an Indian government owned fertilizer producer, announced the appointment of Jyoti Bhramar Tubid as Non-Official Independent Director on the Board of the company, with effect from April 21, 2022. According to the company’s exchange filing, it said, “we are pleased to inform you that Shri Jyoti Bhramar Tubid has been appointed as…
Bharat Electronics Limited announced the appointment of Bhanu Prakash Srivastava as Director (Other Units), with effect from April 20, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30(2) of SEBI (LODR) Regulations, 2015 we wish to inform that Ministry of Defence, Government of India vide its letter no.DDP-E0032/4/2020-D(BEL) dated 201h April, 2022 appointed…
Newton School said it has raised USD 25 million (about Rs 191 crore) in a Series-B funding round led by investment firm Steadview Capital, according to PTI report. Steadview Capital’s portfolio includes Indian unicorns Nykaa, Polygon, Zomato and Freshworks. Existing investors Nexus Venture Partners and RTP Global also participated in the round. The capital raised…
ITC proposes to acquire 10% stake in Blupin Technologies Private Limited, the company behind brand Mylo. Founded in 2017, Mylo, is a full stack community eco-system focused on the parenting journey of young families. Mylo addresses the needs of its consumers through a wide and relevant range of content, health tools, conversations and community sharing…
Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, announced two strategic and operational leaders who will join the global management team effective immediately. Aparna Ramaswamy will serve as the new Chief Human Capital Officer and Kimberly Smith has been appointed to the newly formed role as Chief Capital…
Debleena Majumdar has been appointed as the Chief Content Officer at IndianMoney.com, a livelihood education platform. She has rich experience in Finance and in Education with over 20 years in leadership roles across many global companies. She is the bestselling author of a crime fiction novel called A Marketplace for Murder and non-fiction book titled Sabu, which is…
Asian Paints Limited announced the appointment of Milind Sarwate as Independent Director on the company’s Board, with effect from October 21, 2021. Milind Sarwate is the Founder & CEO of Increate Value Advisors LLP. He provides advice & mentorship in business & social value creation, governance, and capability-building, leveraging his 38-year experience including long stints…
Accenture has announced its intent to acquire Greenfish, an independent engineering and advisory company specializing in sustainability consultancy services. Financial terms of the transaction are not being disclosed. Founded in 2010 and based in Brussels, Greenfish provides sustainability consultancy services and engineering solutions to accelerate sustainable business transformation, from strategy to implementation. With offices in Belgium,…
Carlsberg India Pvt. Ltd. announced that it has been recognized by the Economic Times as one of the “Best Organizations for Women 2022”. The award was granted to companies that are committed to make a difference with their collative efforts and plan to create a new benchmark by empowering female colleagues, making them an integral…
Vilas S. Dhar, a technologist, human rights advocate, and President of the Patrick J. McGovern Foundation, was named a 2022 Young Global Leader (YGL) by the World Economic Forum. Dhar is being recognized as a visionary leader at the intersection of philanthropy, technology, and civil society, bringing a unique sense of humanity to an increasingly digital future, a statement…
Fintech startup BharatPe announced the appointment of Smriti Handa as Chief Human Resources Officer. In her new role, Handa will be working with the senior leadership team at BharatPe and will focus on strengthening the organisational culture and HR practices in the company to build BharatPe as an employer of choice, according to a statement.…
Vayana Network, a trade finance startup, announced it has raised Rs 114 crore (about $15 million) as an extension to its ongoing fundraise led by International Finance Corporation (IFC) and PayU, the payments and fintech arm of Dutch multinational, Prosus, according to ETtech report. Earlier in November, the company had raised Rs 283 crore (or…
Camino Financial—a US-based AI-powered community lending platform offering affordable credit and wealth building solutions to overlooked entrepreneurs has appointed Shaja Selvamani as Vice President of Data Science, and Richard Solomon as Vice President of Credit Risk and Portfolio Management. “We’re aggressively building out our Engineering, Product and Science teams,” said Sean Salas, Chief Executive Officer and Co-founder of Camino Financial.…