FirstHive, a Customer Data Platform, announced a new round of funding led by India based VC Mela Ventures. With this investment, FirstHive continues to invest in existing geographies while it expands its global presence across various geographies (including India, North America, Middle East and SEA) in the B2C large enterprise marketplace. FirstHive, founded in 2016, became the…
Gupshup, the global leader in conversational engagement, announced the acquisition of Knowlarity Communications. Knowlarity is a global company in cloud communications, offering cloud telephony, contact center automation, AI-powered voice assistants and speech analytics solutions to over 6,000 customers across 65 countries. The acquisition complements Gupshup’s industry-leading Conversational Messaging suite and establishes Gupshup as the leader…
NexGen Power Systems, Inc., a U.S.-based manufacturer of proprietary power electronics and conversion systems using patented Vertical GaN technologies, announced the appointment of 30+ year industry veteran, Ganesh Guruswamy, as Chief Systems Officer. Guruswamy will oversee NexGen’s Global Systems Engineering group, with established engineering facilities located in Santa Clara, California and Syracuse, N.Y., and a…
Shriram Asset Management announced the appointment of Ramamurthy Vaidyanathan and M.R. Shashibhushan to its Board of Directors, effective February 2, 2022. “Mr. Ramamurthy Vaidyanathan (DIN 00221577) has been appointed as an Additional Director in the category of Independent Director w.e.f. February 02, 2022 for 5 consecutive years to hold office upto February 01, 2027, subject…
Moody’s Corporation announced that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited (GCR). GCR is a leading credit rating agency in Africa with operations spanning the continent, including in South Africa, Nigeria, Senegal, Kenya, and Mauritius. “GCR’s ratings play a significant role in the growth of Africa’s financial…
Ducon Infratechnologies Limited announced the appointment of Reema Shah as an Additional Director of the company, with immediate effect. According to the company’s exchange filing, “we hereby inform you that the Company has passed the following Circular Resolution: Circular Resolution passed on 1st February, 2022 for appointment of Ms. Reema Shah (DIN: 9487913) as Additional…
Chargebee, an enterprise focussed subscription management platform, has raised $250 million in a new funding round which was co-led by Tiger Global and Sequoia Capital, according to ETtech report. Post the financing, the software-as-a-service (SaaS) startup will see its valuation jump to $3.5 billion. Its existing investors like Insight Partners, Sapphire and Steadview Capital have…
Amber Enterprises Limited announced it has acquired 60% stake in Parvartaka Tooling Services Private Limited from Pioneer Tooling Services. “This is to inform you that the Company has entered into the definitive agreements with Pravartaka Tooling Services Private Limited (“Pravartaka”) and acquired 60% stake in the equity share capital of Pravartaka, which is engage in…
HCL Technologies (HCL), a global technology company, has appointed Masayuki Nakayama as country head of HCL Technologies in Japan. In this new role, Nakayama will be responsible for driving growth in the Japanese market and for supporting clients with their business transformation. With more than 30 years of experience in the IT industry, Nakayama brings a…
UCO Bank Limited, a commercial bank, announced the appointment of Nidhu Saxena as Executive Director of the bank, effective February 1, 2022. According to the bank’s exchange filing, “we wish to inform you that the Central Government vide notification no. eF.No. 4/2/2021-BO.I dated October 21, 2021 has appointed Shri Nidhu Saxena, General Manager, UCO Bank…
Anupam Rasayan India Ltd. (ARIL), a custom synthesis and speciality chemical company, announced that its Board of Directors has approved the acquisition of 24.96% of the total equity shareholding of and joint control of Tanfac Industries Limited (TIL) from Birla Group Holdings Private Limited (BGH), (a promoter company which is part of Aditya Birla Group)…
Tata Motors Limited announced the appointment of Al-Noor Ramji as an Additional Director and Independent Director of the company, effective May 1, 2022. According to the company’s exchange filing, “we hereby inform you that the Board of Directors at its meeting held on January 31, 2022, based on the recommendation of the Nomination and Remuneration…
GreenHonchos, a full-stack D2C enabler, has recently announced its plans to increase its workforce by more than 125 per cent, onboarding over 250 employees. This recent announcement is a result of the 300% y-o-y client growth that the company witnessed in the past year, the statement said. With a growing number of national & international…
Coal India Limited, an Indian government-owned coal mining and refining corporation, announced the appointment of B Veera Reddy as Director (Technical) to the company’s Board of Directors, with effect from 1st February 2022. According to the company’s exchange filing, “Ministry of Coal vide letter no. 21/9/2021-ESTABLISHMENT dated 14th Jan.’2022 has appointed Shri B Veera Reddy…
Goodyear India Limited announced the appointment of Anup Karnwal as Company Secretary and Compliance Officer of the company, effective 1st February 2022. According to the company’s exchange filing, “Board of Directors has approved the appointment of Mr. Anup Karnwal (ICSI Membership No. A19786) as the Company Secretary, Compliance Officer and Key Managerial Personnel of the…