Indian non-banking lender Poonawalla Fincorp Limited announced the appointment of Kemisha Soni as Additional Director in the category of Independent Director on the company’s Board, with effect from January 30, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that based on the…
Capri Global Capital Ltd, a non-banking financial company, has strengthened its Board of Directors with the appointment of L V Prabhakar, former MD & CEO of Canara Bank, along with Shishir Priyadarshi and Nupur Mukherjee as additional independent directors. This strategic move, subject to shareholder approval, enhances the Board’s strength to 9 independent directors, contributing…
Bajaj Finserv Health Ltd., a wholly owned subsidiary of Bajaj Finserv Ltd., one of India’s leading and diversified financial services companies, announced the acquisition of 100% stake in Vidal Healthcare Services Private Limited (VHC). Bajaj Finserv Health is a digital-first health tech company having an extensive network covering over 1,00,000 doctors, 5,500 lab touch points…
Arvind Limited, India’s largest textile and branded apparel player, announced the appointment of Nigam Shah as Chief Financial Officer of the company, with effect from February 1, 2024. According to the company’s exchange filing, “we hereby inform that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors in its meeting held…
LeddarTech, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD, and parking applications, announced that its Board of Directors appointed Sylvie Veilleux and Lizabeth Ardisana to the Board, effective immediately. Veilleux will serve on the Audit Committee and Ardisana will serve on the Nominating and Corporate Governance Committee. “We…
Boston Metal, a global metals technology solutions company, announced a $20 million Series C2 investment from Tokyo-based Marunouchi Innovation Partners. The new funding brings the series total to $282 million. With this new capital, Boston Metal expands its presence in Asia, a market accounting for more than 70% of the world’s steel production. Additionally, the funding…
Mahindra Logistics Limited (MLL), one of India’s largestThird-Party Logistics (3PL) solution providers, announced the appointment of Mukund Krishnamurthy as Vice President – Auto and Farm Business, with effect from February 1, 2024. According to the company’s exchange filing, “we hereby inform you that basis recommendation of the Nomination and Remuneration Committee, the Board of Directors…
Ericsson announced the appointment of Chafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. Nassif who is currently Head of Ericsson’s Customer Unit Latin America North within Market Area Europe & Latin America, will replace Chris Houghton who was appointed Chief Operating Officer of Ericsson in November 2023. Nassif will take up his new…
In a deal that closed January 25, 2024, ETS acquired PSI. This partnership brings together the long-standing expertise of ETS, the world’s largest private educational measurement organization, with PSI’s global leadership in test development and delivery across workforce certification and licensure, according to the statement. As employers and governments around the world face the critical need…
Electric vehicle (EV) ride-hailing platform BluSmart said that it raised $25 million from Zurich-based climate finance firm ResponsAbility and will use the money to expand its EV charging infrastructure, according to ETtech report. The funding comprises 20 million in debt and $5 million of equity, BluSmart’s cofounder and chief executive Anmol Singh Jaggi said. “We…
Maury Microwave, an Artemis company, is a pioneer in RF calibration, measurement, and modeling solutions, has announced that it has hired Sathya Padmanabhan for the position of CEO. Sathya not only brings over a decade of leadership experience within the RF and Microwave space, but also 20 years of a proven track record of successful strategic development…
Barracuda Networks, Inc., a trusted partner and leading provider of cloud-first security solutions, announced Nell O’Donnell as its new Chief Legal Officer and Kim Mota as its new Chief Human Resources Officer. Both leaders bring extensive years of executive leadership experience to Barracuda, with successful track records of leading companies through business growth and expansion, a statement said. As…
Plant-based health and nutrition supplement brand, Earthful, announced that it has raised Rs 3.3 crore in a funding round led by Green Ivy Venture, according to ETtech report. The round also saw participation from angel investors, including Tracxn cofounder Abhishek Goyal, Jayant Paleti of Darwinbox and Magicpin cofounder Brij Bhushan. The startup will use the…
Zen Technologies Limited, a leading provider of military training and counter-drone solutions, announced the appointment of Sanjay Vijay Singh Jesrani as Additional Director on the company’s Board, with effect from January 27, 2024. According to the company’s exchange filing, “This is to inform that the Board of directors of the Company at its meeting held…
Holcim’s Board of Directors appoints Miljan Gutovic as Chief Executive Officer (CEO) of Holcim, effective 1 May 2024. He will succeed the current CEO Jan Jenisch, who will focus on his role as chairman and will stand for re-election at the AGM in May. Also, the Board has tasked Jan Jenisch to lead the planned US listing of Holcim’s North America business. Miljan…