PTC India Limited announced the appointment of Raghuraj Madhav Rajendran to its Board of Directors, effective January 27, 2022. According to the company’s exchange filing, “This is to inform you that:- Shri Raghuraj Madhav Rajendran, lAS, (DIN – 07772370) has been appointed as Nominee Director of Ministry of Power, Government of India on the Board…
EvGateway, an Electric Vehicle (EV) Infrastructure solutions provider headquartered in California, USA with a strong presence across the United States, Latin America, Europe, Asia and the Middle East market, announced the launch of its operations in India. Through this, the company will provide innovation in the Indian EV marketplace and help advance Electric Vehicle adoption,…
Sanjeev Nimkar, Managing Director of Kirloskar Oil Engines has resigned from the Company with immediate effect, for personal reasons. The Board has accepted his resignation and placed on record its sincere appreciation for the contributions made by Sanjeev and wished him the very best for his future endeavours, a statement said. While the Company is…
Accenture has made a strategic investment, through Accenture Ventures, in Cintoo, a provider of solutions used to better manage and leverage 3D data sourced from reality capture devices in the cloud. “Our investment in Cintoo demonstrates Accenture Ventures’ ongoing commitment to nurturing the development of advanced technologies that can drive better business results for our clients,” said…
iMocha, an AI-powered digital skills assessment platform, announced a $14 million Series A investment round led by Eight Roads Ventures, with participation from existing investors Upekkha and Better Capital. Aditya Systla from Eight Roads Ventures and Prasanna Krishnamoorthy from Upekkha will join iMocha’s board of directors, the statement said. This is the first institutional raise…
SAP SE announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office. Taulia will operate as an independent company with its own brand in the SAP Group; Cédric Bru will remain CEO of…
J.B. Chemicals & Pharmaceuticals Limited (JBCPL), a pharmaceutical company in India, announced that it will acquire brands for the India market from Sanzyme Private Limited (Sanzyme), a leading player in the probiotics and reproductive health segment in the country. The transaction is valued at INR ~ 628 crore and is expected to be completed in…
Mahindra Insurance Brokers Limited (MIBL), a subsidiary of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), announced its partnership with Tata 1mg, a healthcare company. The partnership is designed to provide corporate India with a holistic and complete wellness solution, offering customised health solutions for the wellbeing of corporate employees and their families. Through this…
Phonexa, a marketing automation platform, announced it has promoted Mohd Abbas to the role of Vice President of Onboarding and Client Success to lead the company’s next phase of expansion, customer success, and efficient software implementation. In his new position, Abbas will be responsible for overseeing the company’s 24/7 Onboarding and Customer Success teams and provide best practices…
Larsen & Toubro Infotech, a global technology consulting and digital solutions company is partnering with IIT Madras, one of India’s leading research institutes for collaborative research in the field of 5G. Through this collaboration, LTI and IIT Madras aim to innovate in the emerging 5G space and enable 5G frameworks validation, low frequency RF deployments…
Wipro Limited, a global information technology, consulting and business process services company, announced the appointment of Badrinath Srinivasan (Badri) as the Managing Director for Southeast Asia. Badri will focus on Wipro’s vision for business growth, revenue expansion, client and influencer relationships, talent development and brand building. Badri will also strengthen the key markets of Southeast…
Acceldata, a multidimensional Data Observability Cloud platform, announced that Sanjay Poonen, a technology executive with more than 25 years of experience leading enterprise software companies, such as VMWare, SAP, and Informatica, has joined the company as an advisor and angel investor. Poonen joins investment firms Insight Partners, March Capital, Lightspeed, Sorenson Ventures, and Emergent Ventures…
Rupifi, a B2B payments and transactions solutions provider, announced the appointment of Rajesh Kamra as the Head of Innovation Labs to drive strategy and solutioning for B2B payment offerings for the MSME segment. An alumnus of IIT Kanpur, Rajesh comes with 15 years of experience in Technology and E-commerce. He has been the Co-founder of…
Darwinbox, Asia’s fastest growing HR tech platform, announced it has raised $72MN funding round led by Technology Crossover Ventures (TCV) along with participation from existing investors Salesforce Ventures, Sequoia India, Lightspeed India, Endiya Partners, 3One4Capital, JGDEV and SCB 10X. The company’s valuation post this round will cross the $1B mark and takes the total investment…
SAP Asia Pacific Japan (APJ) announced the appointment of Susanna Hasenoehrl as Senior Vice President (SVP) and Head of Sustainability, APJ. In this newly-created role, Susanna will enable customers and partners with SAP’s suite of sustainability solutions to help them achieve their strategic goals, and regulatory requirements. She will drive sustainability outcomes and business across…