Persistent Systems announced it is bolstering its leadership team to support continued growth and strategic focus on Environment, Social and Governance (ESG), Risk Management and Talent Transformation initiatives. Sameer Bendre, formerly Chief People Officer, will take on the role of Chief of Operations with the responsibility for overseeing Persistent’s ESG and Risk Management priorities as…
AMD announced a definitive agreement to acquire Pensando for approximately $1.9 billion before working capital and other adjustments. Pensando’s distributed services platform includes a high-performance, fully programmable packet processor and comprehensive software stack that accelerate networking, security, storage and other services for cloud, enterprise and edge applications, the statement said. “To build a leading-edge data…
Jio-bp and TVS Motor Company announced that they have agreed to explore the creation of a robust public EV charging infrastructure for electric two-wheelers and three-wheelers in the country, building on Jio-bp’s growing network in this space. Under this proposed partnership, the customers of TVS electric vehicles are expected to get access to the widespread…
Mindtree, a global technology services and digital transformation company, announced that it has made a strategic investment in COPE Health Solutions, a US-based healthcare consulting, implementation, and co-management leader in value-based care and payment, workforce development and data analytics, to expand its healthcare business. Based in Los Angeles and New York, COPE Health Solutions works with…
ANAROCK Group, a leading independent real estate services consultancy, announced acquisition of myHQ, one of the largest Indian flexible workspace platforms, to strengthen its flexible workspaces portfolio. myHQ, headquartered in Delhi-NCR, currently has over 50,000 subscribed members across 700+ spaces in 7 cities. Anuj Puri, Chairman, ANAROCK Group, says, “Coming on the heels of ANAROCK…
Suven Pharmaceuticals Limited (SPL) announced the acquisition of 100 per cent stake in Caper Pharma Pvt. Ltd. (CPPL) for about Rs 155 crores. Post acquisition, Caper Pharma will become a wholly-owned subsidiary of Suven Pharmaceuticals. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of Suven Pharmaceuticals Limited…
AmplyWealth, an online fintech platform, has onboarded Tajender Pal Singh as its Chief Technology Officer (CTO). Founded in 2021, AmplyWealth is on a mission to democratize trading for everyone with a community-led and technology-first approach toward financial growth and inclusion. “AmplyWealth is elated to welcome Tajender to the team. Given our preliminary phase of tech…
Tortoise, a Gurugram-based fintech startup, announced it has raised $2.3 million in a seed funding round led by Vertex Ventures, a wholly-owned subsidiary of Temasek Holdings. Till now, the startup has raised a total of $3 million funding so far. Other investors that participated in the funding round include Better Capital, Cloud Capital, and different…
Cars.com Inc. (CARS), the leading automotive marketplace platform that provides a robust set of digital solutions, announced the resignation of Sonia Jain, Chief Financial Officer, effective April 15, 2022. Jain will be leaving the Company to pursue a new opportunity with a pre-IPO, venture capital-backed company, a statement said. “On behalf of the CARS team, I want to…
Gupshup, a global leader in conversational engagement, announced the acquisition of Active.Ai, the leading Conversational AI platform used by banks and Fintech firms. The acquisition strengthens Gupshup’s customer experience (CX) solutions for BFSI customers. Headquartered in Singapore, Active.Ai serves BFSI customers across 43 countries with a Conversational Banking as a Service (CBaaS) platform that helps clients engage with…
Sterlite Power Brasil, a subsidiary of the Indian corporation Sterlite Power Transmission Ltd, a company that develops energy transmission projects, announced the issuance of debentures on the total amount of R$ 600 million. Banco Modaland Banco Itaú BBA coordinated the transaction, which reinstates Sterlite’s long-term commitment to Brazil and reinforces the company’s position in the energy sector. The first issuance of…
Bombay Play, a Bengaluru-based gaming studio, has recently raised $7 million in its Series-A funding round led by Kalaari Capital. Existing investors – Lumikai Fund, Leo Capital and PlayCo. apart from new investors like Winzo, AdvantEdge VC, AMEA Ventures amongst others also participated in the funding round. Founded in 2018 by Oliver Jones and Abhas…
Pattern, the category leader for global ecommerce acceleration, announced the opening of a new office in Pune, Maharashtra to serve as a strategic hub in India for operations across the globe. The new space, located in Koregaon Park, becomes Pattern’s second office in Pune and will house a growing team of developers, engineers, data scientists,…
Global Pharma Tek & Capleo Global expand its footprint by opening a new office in Hyderabad. Founded by Ramesh Anumolu in 2011, Global Pharma Tek has offices in the USA, Canada, and Europe and has 300+ employees. Global Pharma Tek (GPT) is one of the leading service provider conglomerates in Workforce Solutions, Clinical Research, and…
DailyObjects, a design-driven Global Lifestyle D2C brand, has announced the appointment of seven new leads at the company to strengthen its management team. The new recruits have been enrolled across various roles including branding & marketing, design, sales, Operations Supply Chain, and customer experience. The brand intends to intensify its foundation and strategies to fuel its…