ConsenSys announced the close of a $450 million financing round led by ParaFi Capital, bringing its valuation to over $7 billion. They were joined by new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures. Series C investors — Third Point, Marshall Wace, TRUE Capital Management, and UTA VC,…
PTC has appointed Amar Hanspal to its Board of Directors, effective April 1, 2022. Hanspal brings more than 30 years of experience driving strategic and operational excellence through a combination of product expertise, strategic team leadership, and high-performance execution, a statement said. Throughout his career, Hanspal has driven innovation and digital transformation at a global scale. Most recently, Hanspal…
Tyre manufacturing company CEAT Limited has re-appointed Anant Goenka as Managing Director of the company, effective April 1, 2022. Goenka has over 18 years of experience during which he has worked in CEAT Limited, KEC International Limited and Hindustan Unilever Limited, the statement said. He is an MBA from the Kellogg School of Management and…
Fintech company Infibeam Avenues Limited has appointed Sunil Bhagat as its new Chief Financial Officer, with effect from March 19, 2022. He succeeds Hiren Padhya, who has resigned from the role of Chief Financial Officer, effective March 18, 2022. As per the company’s exchange filing, “we hereby inform you that the Board of Directors of…
Timex Group India Limited announced it has appointed Deepak Chhabra as Managing Director of the company, effective March 28, 2022. He succeeds Sharmila Sahai, who has resigned from the role of Managing Director of the company. According to the company’s exchange filing, “Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors…
TVS Supply Chain Solutions (TVS SCS), part of the TVS Mobility Group, announced the appointment of Gauri Kumar and Balasubramanyam Sriram as Additional Independent Directors on to its Board of Directors recently. Following these appointments, the number of Independent Directors at the Board has moved up to four and the total number of members expanded…
New Delhi-based renewable energy firm Amp Energy India has appointed Ritesh Singhi as Senior Director of Procurement and Supply Chain Management. Singhi has about 25 years of extensive experience in project & operation management, global sourcing and supply chain management. An alumnus of University Engineering College, Kota, Singhi has been previously associated with managing over…
Pazcare, an employee benefits and Insurance platform, announced the appointment of Chetan Paliwal as the Vice President of Insurance Products. At Pazcare, he will be working closely with the product team to scale up and expand the Insurance line of products, a statement said. Chetan joins Pazcare from ICICI Lombard, where he was entrusted with…
Congruent Solutions, a technology solutions and outsourced plan administration services provider to the retirement plan industry in the US, announced the appointment of industry veteran R Ramaraj as an Independent Director (Additional Director) on the Board. Ramaraj will be responsible for advising the company on governance and strategic matters, a statement said. He brings in…
Johnson Controls-Hitachi Air Conditioning India Limited announced it has appointed Shalini Kamath as Independent Director to the company’s board, effective April 1, 2022. According to the company’s exchange filing, “we would like to intimate about the Resolutions passed by Board of Directors of the Company at its meeting held on 14th March, 2022 has approved…
Techforce.ai, a digital enablement company that offers the most business user-friendly automation software with a vision to amplify human potential at work, announced that it had closed a seed funding of $1.5 million. Techforce.ai will use these funds to accelerate the development of its no-code SaaS product and expand its global presence, a statement said. Headquartered…
Anupam Rasayan India Ltd. (ARIL), a custom synthesis and specialty chemical company, announced the consummation of recently announced acquisition. The Company has completed the acquisition of 24.96% of the total equity shareholding of and joint control of Tanfac Industries Limited (TIL) from Birla Group Holdings Private Limited (BGH), (a promoter company which is part of…
Benny’s Bowl, a pet food company, announced it has acquired $ 300K in a pre-seed round led by Ashish Hemrajani (CEO of BookMyShow). Other marquee investors – Haresh Chawla, Japan Angel Fund, BT’s Inc Japan, Rajesh Sawhney, and other HNIs also participated in the current funding round. Benny’s Bowl prepares fresh food using 100% real…
Berkshire Hills Bancorp, Inc., the parent company of Berkshire Bank, a US-based socially responsible, community-dedicated bank with branch locations in New England and New York, announced the election of Mihir A. Desai to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective March 10, 2022. Mr. Desai is an internationally acclaimed Professor of Finance…
NI announced the opening of its Engineering Innovation Centre (EIC) in Bangalore. The engineering lab, which opened late 2021, supports NI’s customers, partners and startup companies that serve the local aerospace and defense market. The EIC provides customers with access to the larger aerospace and defense industry that is evolving in India, specifically in and…