Ventura Securities, a financial services company, announced a major strengthening of its online digital strategy as it moves towards its next phase of growth by appointing Manu Monga as Executive Director. In this role, he will be responsible for strengthening the company’s digital capabilities and will lead next phase of growth for the company with…
Niyogin Fintech Limited, a publicly listed fintech platform, has announced the appointment of Raghvendra Somani as an Interim Chief Financial Officer and Pankaj Chaudhary as the Chief Business Officer. Raghvendra Somani is a Financial Services’ professional and has over 18 years of experience across Financial & Management accounting, Automation, Credit of SME/Mid corporates Relationships. Raghvendra…
Reliance New Energy Limited (Reliance), a wholly owned subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV (Lithium Werks) for a total transaction value of US$ 61 Million including funding for future growth. The assets include the entire patent portfolio of Lithium Werks, manufacturing…
Anupam Rasayan India Ltd. (ARIL), one of India’s leading custom synthesis and specialty chemical player, announced the appointment of Amit Khurana, as its Chief Financial Officer effective from March 14, 2022. Amit will take over his new role from the incumbent CFO, Afzal Malkani, who has been appointed as Non-executive director on Tanfac’s board as…
Persistent Systems announced it has entered into an agreement to acquire Princeton, New Jersey-based MediaAgility. MediaAgility is a global cloud transformation services provider with deep expertise building scalable, cloud-based solutions as a Google Cloud Premier Partner. The Company provides cloud-native application development and modernization, analytics and AI, cloud engineering, migrations, and managed services to its’…
Krsnaa Diagnostics Ltd. announced the appointment of Dr. Ravinder Sethi as the Chief Operating Officer (COO). He comes with a vast experience of over 24 years and has adorned roles like Chief Operating Officer, Head of Sales & General Operations as part of other industry leading organizations across sectors such as FMCG, telecom and healthcare…
Battrixx, the manufacturer of lithium-ion battery packs for e-vehicles, announced that it has acquired 100 per cent stake in Pune-based Varos Technology Pvt. Ltd. pioneers in developing and leveraging IOT tools for EV infrastructure and battery management systems. Battrixx, the battery division of Kabra Extrusiontechnik Ltd. which is a part of Kolsite Group, has been…
Xeno, the commerce marketing automation engine that guarantees incremental revenue, has raised $1.6 million in a seed round from global funds including early Klaviyo backer TJ Mahony’s Vinyl Capital, Ankur Nagpal’s Vibe Capital, Java Capital & Angel Invest Ventures. Curefoods founder Ankit Nagori, Mamaearth founder Varun Alagh, Apache Cassandra’s Prashant Malik, CRED’s Kunal Shah & Miten Sampat, Haptik founder Aakrit Vaish, Loginext founder Dhruvil Sanghvi, Profitwheel founder Vivek Bhargava, Fynd founder Farooq…
Giift, a global provider of loyalty management solutions, announced that it has acquired a majority stake in Xoxoday, an India-based fintech company. Giift’s investment will enable Xoxoday to drive the next phase of growth in international markets and improve its technology infrastructure. Giift and Xoxoday’s strategy is to continue to expand technology leadership, increase market penetration…
Real estate developer Sobha Limited announced the appointment of Jagadish Nangineni and Raman Mangalorkar to the company’s Board of Directors, effective April 1, 2022. Jagadish Nangineni has about twenty years of experience in the fields of real estate, consulting and technology. He is associated with SOBHA since 2009 in senior strategic & operational roles with…
Solara Active Pharma Sciences Limited announced the appointment of S. Hariharan as Chief Financial Officer of the company, effective March 9, 2022. He succeeds Subhash Chand Anand, who has resigned from the role of CFO of the company. According to the company’s exchange filing, “the Board of Directors of the Company, pursuant to the recommendation…
Airbnb announced fresh investment in India through the opening of a new technology hub in Bengaluru. Commenting on the development, Nathan Blecharczyk, Co-Founder and Chief Strategy Officer of Airbnb, “India is an incredibly important market for Airbnb. The opening of this technology hub will further our ongoing investment in the nation and is testament to…
Plus Company Limited, an alliance of over 20 creative, media, and PR agencies representing a new model for interagency teamwork, announced it has appointed Benita Meswania as Chief People Officer of the company, effective March 1, 2022. Also, the company has roped in Nathan Oliver as its new Chief Growth Officer. “As we continue to…
United Spirits Limited announced it has invested Rs 31.50 crore in Nao Spirits & Beverages Limited. With this investment, Company enters the Indian provenance premium craft gin segment, complimented by its world class premium & luxury gin portfolio of Gordon’s and Tanqueray, the statement said. As an alcohol beverage company, NAO is engaged in the…
BYJU’S, an edtech company with 150 million learners globally, announced it has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, Founder & CEO of BYJU’S, is also part of the funding round and has made a personal investment of $400 million. Byju Raveendran, Founder & CEO, BYJU’S, said, “We continue to deliver accelerated growth in India and…