Category: News

CtrlS appoints Dillip Guru as Senior VP – International DC Expansion, Renewable Energy & Edge Strategy

CtrlS Datacenter Limited, a Hyperscale Datacenter and Managed Services provider, has announced the appointment of Dillip Guru as its Senior Vice President International DC Expansion and Renewable Energy & Edge Strategy. At CtrlS, he will be responsible for providing strategic direction in the company’s efforts to expand in international markets, a statement said. An accomplished…

Coforge appoints Vishal Dixit as SVP & Country Head

Coforge, a global digital services and solutions provider, announced it has appointed Vishal Dixit as Senior Vice President and Country Head of all verticals for Coforge (NIIT) and BFSI Head for Coforge IMEA (India, Middle East and Africa). In this new role, Dixit will be responsible for growing India business for all verticals, with additional…

Shipsy to set up regional HQ in Southeast Asia, highlights aggressive hiring plans in the region

Shipsy, a SaaS-based smart logistics management platform provider, will be setting up its regional headquarters (HQ) in Indonesia to strengthen its presence in Southeast Asia (SEA). The regional HQ will enable the organization to provide faster, better and localized support to existing customers and drive new business growth in Singapore, Philippines, Malaysia, Thailand, Vietnam and Indonesia,…

MediBuddy raises $125 mn round from Quadria Capital, Lightrock India

Healthtech startup MediBuddy has raised $125 million in a funding round from Quadria Capital and Lightrock India. The digital healthcare platform will use the funds to invest in customer awareness, hiring, strengthening technology platforms including data science capabilities, clinical research, and product development, it said in a release. Existing investors Bessemer Venture Partners, India Life…

Mental health startup heyy raises pre-seed funding round

heyy, a mental healthcare app, announced it has raised US$555,000 in a pre-seed round of funding led by Wavemaker Partners, an early-stage institutional investor in Southeast Asia. Founded in 2021, heyy, operates in the preventative ’emotional first-aid’ space, much before the issues become clinical or severe. heyy, has built a ground network of trained ‘Helpers’…

Velocity Clinical Research acquires Indian tech company TrierHealth, appoints Raghu Punnamraju as CTO

US-based Velocity Clinical Research (Velocity), a fully integrated clinical site organization, announced its acquisition of TrierHealth, digital clinical trials platform whose R&D team operates out of Hyderabad, India, to develop patient-focused technology. TrierHealth’s founder, Raghu Punnamraju, will become Velocity’s Chief Technology Officer. The investment in Indian clinical technology expertise in Hyderabad comes amid the clinical trials…

Aditya Birla Fashion and Retail Ltd selects Accenture to accelerate its digital transformation journey

Aditya Birla Fashion and Retail Limited (ABFRL), one of India’s leading fashion companies, announced its collaboration with Accenture for a digital transformation program designed to drive growth, increase business agility and improve operational efficiency. As part of its transformation strategy, ABFRL has chosen Accenture to design, develop, and deploy an enterprise resource planning (ERP) system based…

Adani Group join hands with Ballard for Hydrogen fuel cells in India

The Adani Group (Adani) announced it has signed a non-binding Memorandum of Understanding (MoU) with Ballard Power Systems to evaluate a joint investment case for the commercialization of hydrogen fuel cells in various mobility and industrial applications in India. Under the MoU, both parties will examine various options to cooperate, including potential collaboration for fuel…

IndiaMART leads Series B funding round of logistics SaaS platform Fleetx

IndiaMART, a B2B marketplace in India, has announced an investment of Rs 91.42 Crores in Fleetx Technologies Private Limited (‘Fleetx.io’). As part of the transaction, IndiaMART has agreed to acquire shares via a mix of primary and secondary share purchases, and its final holding post the round shall stand at 16.53%. Fleetx.io has raised a…

Emerson announces expansion plans, inaugurates new integrated manufacturing facility in Chennai

Emerson, the global technology, engineering and software company, announced the opening of a new integrated manufacturing facility at Mahindra World City, in Chennai, Tamil Nadu. The 145,000-square-foot facility will manufacture industry-leading products of the company’s Automation Solutions business which provides industrial customers in India and across Asia with technologies to improve productivity, safety and environmental sustainability,…

Mubadala leads a $500M+ equity round into data center company Princeton Digital Group

Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350M. Both existing shareholders in PDG, Warburg Pincus and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), also invested in this round, with the total exceeding half a billion dollars. Established in 2017, PDG is a leading…

Hero MotoCorp names Ranjivjit Singh as Chief Growth Officer

Hero MotoCorp, a manufacturer of motorcycles and scooters, announced it has created a new position, titled Chief Growth Officer, integrating the Marketing, Sales and After-Sales functions. Ranjivjit Singh – who has been heading Marketing – is being elevated to this newly constituted role of Chief Growth Officer, with immediate effect, according to the statement. “We…

YULU appoints Manjunath Athrey as Head – Engineering

India’s shared electric mobility company Yulu announced the appointment of Manjunath Athrey, an industry veteran, as the Head of Engineering. In this new role, Manjunath’s primary responsibility will be to scale a world-class engineering team, drive technical innovation, and deliver high-quality products, a statement said. Welcoming Manjunath into the company, Naveen Dachuri – Co-founder &…

Kaizzen appoints Soumya Dev as Chief Strategy Officer

PR agency Kaizzen has announced the appointment of Soumya Dev as Chief Strategy Officer. Most recently, Soumya was leading the digital mandate for PepsiCo’s Asia, Middle-East and North Africa operations. In this new role, he will be working closely with Vineet Handa, Founder and CEO, Kaizzen in driving the organizational strategy for the company, including…

Manu Ohri joins GT Biopharma as Chief Financial Officer

GT Biopharma, Inc., a clinical stage immuno-oncology company, announced the appointment of Manu Ohri, who joins the Company as its Chief Financial Officer (CFO) effective immediately. Ohri, an accomplished accounting and finance executive brings to GT Biopharma over 25 years of management, finance and public accounting experience in working with Board of Directors, capital markets, independent…