Pocket FM, a Bengaluru-based over-the-top (OTT) platform, announced it has raised $65 million in a funding round led by Goodwater Capital, Naver, and an existing investor – Tanglin Venture Partners. The company plans to use the fresh funds to strengthen its leadership position, expand into new languages, invest in AI capabilities and build a large…
Sanmina Corporation (Sanmina), an integrated manufacturing solutions company and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL) announced that they have entered into an agreement to create a joint venture through an investment in Sanmina’s existing Indian entity (Sanmina SCI India Private Ltd, SIPL). This partnership will leverage Sanmina’s 40…
AjnaLens, a Mumbai-based XR hardware and software company, raised Rs 12 crore from renowned investors like Let’s Venture Angel Fund, JITO Angel Network & few visionary angel investors, in another round of a Pre-Series A. The one-of-its-kind Indian player in the XR space has clocked funding in the past from noteworthy angel investors like Vijay…
ElasticRun, India’s B2B eCommerce platform enabling access to millions of rural Indian kirana shops, announced the expansion of its leadership team with three key new hires. The new team-members include Pankaj Roongta who has joined as the CFO, Sashi Gumma joining as CBO – Networks , and Dheeraj Arora who has come on board as…
ATC India, an independent passive telecom infrastructure provider, has announced the appointment of Sandeep Girotra as the new Chief Executive Officer (CEO) of the company. He succeeds Ashwini Khillan, who is moving into a new APAC regional leadership role. Sandeep has over 30 years of experience across various functions within the Telecom and Technology space,…
SeQuent Scientific Limited (SeQuent), having businesses in animal health sector through its principal operating company “Alivira Animal Health Ltd. (Alivira)”, has completed the acquisition of 100% stake in Nourrie Saúde e Nutrição Animal Ltda (Nourrie) in Brazil. This acquisition has been made through Alivira Saúde Animal Ltda Brazil, a wholly owned subsidiary of Alivira, for…
McAfee Corp. (McAfee), a global leader in online protection, announced the completion of its acquisition by an investor group led by Advent International Corporation (Advent) and funds advised by Permira, Crosspoint Capital Partners L.P. (Crosspoint), Canada Pension Plan Investment Board (CPP Investments), GIC Private Limited (GIC), and a wholly-owned subsidiary of the Abu Dhabi Investment…
Shell plc announced the appointment of Sinead Gorman as chief financial officer (CFO), effective April 1, 2022. She will become a member of both Shell’s Executive Committee and Board of Directors. After a distinguished career of 17 years with Shell, the last five years as CFO, Jessica Uhl will step down from her role on…
LIC Mutual Fund has appointed T S Ramakrishnan as Managing Director and Chief Executive Officer, effective March 1, 2022. He succeeds Dinesh Pangtey, the former wholetime Director and CEO. Ramakrishnan has an experience of over 34 years, at LIC and its subsidiaries/associate companies. He joined LIC Mutual Fund AMC on April 28, 2021, before taking…
Tata Consultancy Services (TCS) has been positioned as a Major Player in the IDC MarketScape for Worldwide Retail Price Optimization Solutions 2021-2022 Vendor Assessment. The company leverages TCS Optumera, its award-winning AI-powered retail optimization platform to help retailers drive customer-centric omnichannel business strategies and make data-driven decisions around space, mix, price, promotions, markdowns, omnichannel assortment,…
Syngene International Limited, an integrated research, development and manufacturing organisation, announced the appointment of Dr Carl Decicco as Additional Director of the company, effective March 1, 2022. According to the company’s exchange filing, “It is further informed that the Board of Directors has approved the appointment of Dr Carl Decicco as Additional Director (Non-executive Non-independent)…
India Accelerator, India’s only GAN partnered accelerator has recently announced the appointment of three new principal partners – Satyabrata Das, Harish Menon and Romil Kapadia as part of iAngels network, to accelerate the company’s expansion strategy and strengthen global operations. The partnership’s emphasis is on startup identification, angel network expansion, mentoring and global business expansion,…
HCL Technologies (HCL), a global technology company, has been accredited as FinOps Certified Service Provider (FCSP) and FinOps Certified Platform (FCP) by FinOps Foundation. HCL is one of the few leading global technology companies that is certified as both FCSP and FCP by the FinOps Foundation. With one of the highest numbers of FinOps-certified practitioners across all the vendors of…
Tata Communications, a global digital ecosystem enabler, continues to be recognised as a ‘Leader’ by Gartner Magic Quadrant, for Network Services, Global, for the ninth year consecutively. The Gartner Magic Quadrant assessed Tata Communications on completeness of vision and ability to execute. “We are happy to have lived up to our customers expectations and proactively…
Nodwin Gaming Private Limited, a subsidiary of Nazara Technologies, announced it has acquired 51 per cent stake in Rusk Distribution Private Limited. According to the company’s exchange filing, “we hereby inform that Nodwin Gaming Private Limited (“Nodwin”), a material subsidiary of the Company, on February 28, 2022, has acquired 5,100 equity shares of Rs. 10/-…