Confederation of Indian Industry’s (CII) Karnataka State Council has elected Arjun Ranga, Managing Director, Cycle Pure Agarbathi, as Chairman for the year 2022-23, while Vijayakrishnan Venkatesan was elected as the new Vice-Chairman. Arjun has been closely associated with the industry body and was previously the Chairman of CII – Mysuru Zone for the year 2017-18. He is also…
EdTech startup Hero Vired has appointed Geetika Goel as Head of Technology and Dr Ankur Sodhi as Associate Vice President for Career Services and Corporate Relations. Both leaders will spearhead their respective teams to prepare for the company’s next phase of growth and expansion, a statement said. Goel will report directly to the CEO and…
SUN Mobility, the provider of energy infrastructure and services for electric vehicles (EVs), announced the appointment of Anant Badjatya as the CEO for its India business. “With over 21 years of professional experience and a stellar career record in scaling up and growing businesses, we are confident Anant will surely lead SUN Mobility into the…
Gland Pharma Limited, a small-molecule generic injectables-focused company, announced it has appointed Yao Fang to the company’s Board of Directors, with effect from March 10, 2022. Also, Srinivas Sadu has been re-appointed as Managing Director and Chief Executive Officer, effective March 10, 2022. According to the company’s exchange filing, “We would like to inform you…
Tata Power, an electric-vehicle charging infrastructure provider, announced it has collaborated with Enviro – the facility management wing of the NCR-based real estate developer Vatika Group to install 59 EV charging points at its properties across Gurugram, Haryana. The EV chargers will be installed at 18 locations across the properties of Vatika Group in Gurugram.…
Exide Industries Ltd. (Exide) announced that it has entered into a multi-year technical collaboration agreement with SVOLT Energy Technology Co. Ltd (SVOLT). As part of the agreement, SVOLT will grant Exide an irrevocable right and license to use, exploit and commercialise necessary technology and know-how owned by them for lithium-ion cell manufacturing in India, the…
Loco, a live streaming gaming platform, announced it has raised $42 million in a funding round led by Hashed, with participation from Makers Fund, Catamaran Ventures, and Korea Investment Partners. Krafton, Lumikai, and Hiro Capital also participated in the current funding round. “We will invest in strengthening the content side, as well as in technology…
CapitaLand Investment Limited (CLI) has appointed Gauri Shankar Nagabhushanam as Chief Executive Officer, India Business Parks, with effect from 1 April 2022. He succeeds Vinamra Srivastava, who will relocate to Singapore to assume a new role within the CapitaLand Group. Formerly the head of Investment and Chief Financial Officer of Ascendas-Firstspace, CLI’s India logistics venture,…
JIFFY.ai, an app-based low-code/no-code intelligent automation platform, announced that it has raised $53 million as part of its Series B funding round led by Eight Roads Ventures and Fidelity. Iron Pillar, R-Squared, and existing investors Nexus Venture Partners, Reaction Capital and Rebright Partners also participated in the funding round. JIFFY.ai plans to use the funding…
Pride Global, a minority-owned integrated human capital solutions firm, has promoted company veteran Anu Vettath to the role of chief operating officer. An expansion of her previous role as the company’s global operations manager, Vettath will now oversee all of Pride’s international operational practices as the firm and its subsidiaries expand their reach to new…
Everlife Holdings Pte Ltd (Everlife), a market access and distribution company in India and South East Asia, has announced the completion of its acquisition of Research Instruments Group (RI), a provider of scientific and laboratory instrumentation in Singapore, Malaysia, Thailand and Vietnam. Founded in 1989, the group has established itself as a trusted partner to the…
Deliveroo, a global food delivery company operating across Europe, the Middle East, Asia, and Australia, announced the launch of its India Engineering Centre in Hyderabad. Deliveroo’s multi-year plan is to expand its world-class engineering capabilities with a new team that will be focused on delivering superior experiences for Deliveroo customers, restaurant and grocery partners and delivery…
Web Werks, a Data Center and Cloud Services company, has announced the acquisition of a standalone building that will convert to its first data center in the commercial business district of Hyderabad. The locality has emerged as a prominent business hub, owing to its proximity to the IT corridor of Hyderabad. The new highly interconnected…
Money View, a Bengaluru headquartered fintech platform, announced it has raised $75 million in their Series D funding round from Tiger Global, Winter Capital, Evolvence India, Accel along with other investors including South Park Commons, Trusted Insight and Dream Incubator. The company is now valued at $625 million. Co-founded by Puneet Agarwal and Sanjay Aggarwal, Money…
MPOWER Financing, a fintech firm and the provider of education loans to promising international and DACA students, announced the appointment of Gabriel “Gab” Bustamante as Executive Vice President. “During my career, I have had the privilege of helping thousands of students obtain a higher education,” said Gab. “It is not only a career but a passion of…