Category: News

Apollo.io raises $110 mn Series C funding led by Sequoia Capital

Apollo.io, a B2B sales intelligence and engagement platform, announced it has raised a $110 million in Series C funding round led by Sequoia Capital. Existing investors Tribe Capital, Nexus Venture Partners, and NewView Capital also participated in the current funding round. “Today, I’m happy to announce that we have closed our $110 million Series C…

Johnson Controls appoints Sivakumar Selva Ganapathy as VP, OpenBlue India Software Engineering and APAC Solutions

Johnson Controls, the global company that produces fire, HVAC, and security equipment for buildings, announced the appointment of Sivakumar Selva Ganapathy as vice president, OpenBlue India Software Engineering and APAC Solutions. Sivakumar will lead the software engineering teams across India, expanding customer solutions through Johnson Controls OpenBlue digital platform. In this role, he will be…

Accenture to discontinue business in Russia

Technology consulting giant Accenture announced it is discontinuing its business in Russia. “Accenture stands with the people of Ukraine and the governments, companies and individuals around the world calling for the immediate end to the unlawful and horrific attack on the people of Ukraine and their freedom. Therefore, Accenture is discontinuing our business in Russia. We thank…

Prism Johnson appoints Akshay Rajan Raheja as Additional Director

Prism Johnson Limited announced the appointment of Akshay Rajan Raheja as an Additional Director to the company’s Board of Director, with effect from March 5, 2022. According to the company’s exchange filing, “The Board of Directors have today, pursuant to the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Akshay Rajan…

Takeda appoints Serina Fischer as the GM for India

Takeda Pharmaceutical Company Limited, a global values-based, R&D-driven biopharmaceutical leader, announced the appointment of Serina Fischer as its General Manager for India operations.  The appointment is effective as of March 1, 2022. In her new role, Serina will lead the company’s business in India, ensuring patient access to the company’s highly innovative medicines, a statement said.…

LT Foods Americas acquires 51% stake in Golden Star Trading

LT Foods Americas Inc. (LTFA) announced it has acquired 51 per cent stake in Golden Star Trading Inc. The acquisition of Golden Star is in line with the company’s long term growth strategy to expand its product offerings across geographies. LTFA, through this acquisition will be establishing a leadership position in Jasmine Rice via Golden…

VMentor.ai appoints Sanjiv Kumar Tripathy as President – MSME Practice, Milan Saxena as Head – Product team

VMentor.ai, the mentorship platform for accelerating business growth, appoints Sanjiv Kumar Tripathy as President – MSME Practice and Milan Saxena as Head – Product team. Sanjiv Kumar Tripathy will shape and strengthen VMentor.ai’s vision of creating value and generating opportunities for MSMEs, in turn spurring India’s economic growth. Milan Saxena will oversee the creation of…

Vibhu Nayar appointed as CMD of MMTC Ltd

MMTC Limited announced the appointment of Vibhu Nayar as Chairman-cum-Managing Director of the company, effective March 1, 2022. According to the company’s exchange filing, “it is hereby informed that Shri Vibhu Nayar, IAS(TN:1990) has assumed the charge of CMD, MMTC Limited (additional charge) w.e.f. 1st March, 2022 pursuant to Deptt. of Commerce, Ministry of Commerce…

IndiaMART leads Rs 170.1 mn investment in HR SaaS platform Zimyo

IndiaMART, a B2B marketplace in India, has made an investment of approximately INR 170.1 Million in Zimyo Consulting Private Limited. Zimyo Consulting under the brand name ‘Zimyo’, offers SaaS-based human resource management software for businesses. It allows users to carry out critical HR processes including recruitment and onboarding, payroll management, performance management, and time &…

Ginglani Distillers raises Rs 6.6cr in pre-Series-A round led by Supermorpheus, Eagle10 Ventures and Grand Anicut Angel Fund

Ginglani Distillers, a Delhi-based whiskey startup in India, has raised Rs. 6.6 crores in its Pre-Series-A funding round led by Supermorpheus, Eagle10 Ventures (via LV Angel Fund) & Grand Anicut Angel Fund.  The round saw participation from a diverse set of investors including startup founders Nitin Kaushal & Chakradhar Gade (Country Delight), Rohan Mirchandani &…

Edtech startup Filo raises $23 mn in Series A funding round

Filo, an instant live tutoring startup, announced it has raised $ 23 million in a Series A funding round led by Anthos Capital, according to ETtech report. Existing investor Better Capital along with GSV, Sapling Capital, and a host of well known individual investors including Gokul Rajaram, Rob Frohwein (cofounder Kabbage), Mate Pencz and Florian…

Vikrant Gupta joins apna.co as Head of People

apna.co, India’s largest jobs, and professional networking platform has announced the appointment of industry veteran Vikrant Gupta as its Head of People.  In this role, Vikrant will play a pivotal role in providing strategic guidance, enablement, thought leadership, and operational rigor to the human resources & talent acquisition agenda at apna. He will also help uphold…

Tata Elxsi and Renesas establish EV Innovation Center in Bangalore

Tata Elxsi, a design and technology services provider, and Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced their collaboration on a state-of-the-art design center in Bangalore that will develop targeted solutions for electric vehicles (EV). The new Next Generation EV Innovation Center (NEVIC) was opened in January of this year. Electric Vehicles have become…

Tata Tele Business Services recognised with CII Customer Obsession Awards for ‘Active Customer Engagement’

Tata Tele Business Services (TTBS), an enabler of connectivity and cloud solutions for businesses in India has won the ‘Active Customer Engagement’ award as part of CII Customer Obsession Awards 2021, which recognises excellence through technology and innovation. CII Customer Obsession Award recognizes businesses that demonstrate the highest level of commitment towards their customers by…