Max Healthcare Institute Ltd (MHIL), one of India’s largest private healthcare providers, announced the deal to acquire Eqova Healthcare Private limited (Eqova), a company with long term exclusive rights to aid development of and provide medical services to a 400 bed hospital to be built on 2.1 acres of land parcel in Patparganj, Delhi, owned…
Livspace, an omni-channel home interior and renovation platform, and KKR, a global investment firm, announced a US$180 million Series F fundraising in which KKR will participate as the lead investor. The Series F round also witnessed participation from existing investors such as Ingka Group Investments (part of largest IKEA retailer Ingka Group), Jungle Ventures, Venturi Partners, and Peugeot Investments, among others. Anuj…
HFS Research, the industry analyst firm, has ranked Accenture as the leading provider for utilities services in its latest Top 10 Report 2021. The report assessed the capabilities of business and technology service providers in consulting, digital and emerging technologies, sustainability services and managed services. Industry-specific capabilities were evaluated throughout the value chain from generation to transmission, distribution,…
Brightcove Inc., a video streaming, monetization, and communications platform, has appointed Marc DeBevoise as Chief Executive Officer and Board Director. He will assume responsibilities on March 28, 2022. An accomplished media and technology business leader, DeBevoise will succeed Jeff Ray, who will retire from his role as CEO and Board Director, a statement said. DeBevoise…
Sundaram-Clayton Limited (SCL), holding company of TVS Motor Company, an auto components manufacturing and distribution group, announced the appointment of K. Gopala Desikan as Director & Group Chief Financial Officer in the rank of whole-time Director of SCL at its Board Meeting. Commenting on the appointment, Venu Srinivasan, Chairman, Sundaram-Clayton Ltd., said, “On behalf of the…
The international technology group Körber has signed an agreement to acquire Siemens Logistics’ global mail and parcel business. With the acquisition, Körber significantly complements its supply chain offering. With around 1,200 employees, Siemens Logistics mail and parcel business generates annual revenue of about €500 million, a statement said. Körber’s Business Area Supply Chain provides companies…
Cressanda Solutions Limited announced the appointment of Soumyadri Shekhar Bose as Managing Director of the company. He succeeds Milind Palav, who has resigned from the role of Managing Director, effective February 9, 2022. “Mr. Soumyadri Shekhar Bose, (DIN: 02795223), appointed as the Managing Director of the company who is an Ex-MD/Director at Siemens, Dassault Systems…
Persistent Systems (Persistent) announced it has entered into an agreement to acquire the business of Princeton, New Jersey-based Data Glove Inc. Established in 2010, Data Glove is a global leader in transformative consulting services and business solutions with total annual revenue for CY21 of $48.96 million and 700+ employees worldwide. In addition to client sales…
Gulf Oil India announced a strategic partnership through investment in equity shares in Techperspect Software Pvt Ltd ( ElectreeFi ) a leading E Mobility Solutions ( SaaS) company in India. This strategic investment and partnership is the second move by Gulf Oil in the EV Mobility value chain after the company invested in the UK…
Petronet LNG Limited, an Indian oil and gas company formed by the government of India to import liquefied natural gas and set up LNG terminals in the country, announced the appointment of Sanjeev Mitla as Additional Director on the Board of the company, effective February 9, 2022. According to the company’s exchange filing, “we wish…
Bosch Limited, a leading supplier of technology and services, announced it has invested in Bangalore-based B2B startup Zeliot. According to the company’s exchange filing, “This is to inform you that the Board of Directors of Bosch Limited (the “Company”) at its meeting held today i.e. February 09, 2022 has, inter-alia, approved the investment in Zeliot…
Bosch Limited announced the appointment of Guruprasad Mudlapur as Joint Managing Director and Additional Director of the company, effective February 9, 2022. Divya Ajith has been appointed as the new Company Secretary, with effect from February 9, 2022. According to the company’s exchange filing, “This is to inform you that the Board of Directors of…
Pure Storage, an IT company that delivers storage as-a-service in a multi-cloud world, announced plans to expand its Research & Development (R&D) capabilities in India. The company also announced the appointment of Ajeya Motaganahalli as Managing Director for India R&D. The announcements mark another milestone in Pure’s continued commitment to innovation and global growth plans. Pure…
Accenture announced it has invested in Los Angeles-based SwayBrand, a multicultural media technology platform that helps brands connect with diverse influencers. This marks the first startup investment in North America made through the company’s Black Founders Development Program, the statement said. Founded in 2018, SwayBrand is focused on disrupting how brands and influencers interact by bringing equity to…
Event-led engagement platform, Airmeet announced that it has raised $35M USD in Series B funding. New investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global participated alongside existing investors Sequoia Capital India and Accel India in this round. Funds raised will go towards expanding its footprints…