Category: News

Interweave Consulting appoints Pothen Jacob as Partner and Principal Consultant

Interweave Consulting has appointed Pothen Jacob as its Partner and Principal Consultant. Most recently, he served Aon where he was the Practice Head for Executive Compensation and Governance. The company believes that his appointment will help the company to expand the portfolio of digital assets which are scalable solutions in diversity and inclusion, according to…

ICICI Lombard appoints Sheena Kapoor as Head- Marketing, Corporate Communications & CSR

ICICI Lombard, India’s private general insurance company, announced it has appointed Sheena Kapoor as its new Head – Marketing, Corporate Communications & CSR. In this role, Sheena will focus on developing and strengthening corporate advertising and branding, customer-oriented awareness strategies, across all company product lines and geographies. She will spearhead the company’s innovative efforts with…

Neeru Mehta joins Yellow.ai as CHRO

Yellow.ai, a next-gen total experience (TX) automation platform, announced that it has appointed Neeru Mehta as its first Chief Human Resource Officer (CHRO). The appointment comes on the heels of the company announcing its aggressive plans to expand globally and hire talent across verticals, a statement said. In her new role, Mehta will be tasked…

IndiaMART participates in Series-B investment round of Vyapar

IndiaMART, a B2B marketplace, has announced its participation in the Series B Investment Round of Simply Vyapar Apps Private Limited (Vyapar), of Rs 217.6 Crores. The round has been led by WestBridge Capital, along with the participation of existing investor India Quotient. Vyapar’s valuation post this round shall stand at approximately Rs 883 Crores. As…

Infosys enters CSR collaboration with Tennis Australia

Infosys, a global leader in next-generation digital services and consulting, announced a Corporate Social Responsibility (CSR) collaboration with Tennis Australia to drive new digital learning and accessibility initiatives creating pathways to learning and education for under-represented communities. This program is part of Infosys and Tennis Australia’s Digital Innovation Partnership, which was recently extended until 2026,…

DCB Bank appoints Tarun Balram to its Board

DCB Bank Limited announced the appointment of Tarun Balram as an Additional Independent Director of the Bank, effective January 24, 2022. According to the Bank’s exchange filing, “This is to inform that the Board of Directors of the Bank at its meeting held today i.e. on January 24, 2022 has approved the appointment of Mr.…

Valtech announces acquisition of Absolunet

Valtech, a global leader in digital services and business transformation, announced it has acquired Absolunet, a professional services firm specializing in commerce and digital transformations. With more than 300 employees and five offices across North America and Europe, Absolunet helps brands, manufacturers and distributors fast-forward their digital transformation to become commerce leaders. This acquisition cements Valtech’s position as…

Hindustan Foods Ltd. acquires 100% stake in Reckitt Benckiser Scholl India Pvt. Ltd.

Hindustan Foods Limited announced the acquisition of 100 per cent equity stake in Reckitt Benckiser Scholl India Private Limited for Rs 73 crores. According to the company’s exchange filing, “please be informed that Hindustan Foods Limited (“HFL” or “the Company”) has executed a Share Purchase Agreement (“SPA”) on january 24, 2022 with Reckitt Benckiser (India)…

Tube Investments of India acquires controlling stake in EV startup Cellestial

Tube Investments of India Limited announced the acquisition of 70% stake in Cellestial E-Mobility Private Limited (Cellestial) for Rs 161 crores. Cellestial is a start-up company engaged in design and manufacture of electric tractors, aviation ground support electric equipment and other electric machinery. According to the company’s exchange filing, “The proposed investment is in line…

Francisco Partners to acquire healthcare data and analytics assets of IBM

IBM and Francisco Partners, a global investment firm that specializes in partnering with technology businesses, announced that the companies have signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business. The assets acquired by Francisco Partners include extensive and…

Accenture receives four ‘Digital Experience Partner of the Year’ awards from Adobe

Accenture has been recognized with four Adobe Digital Experience Partner of the Year Awards for 2022, reflecting Accenture’s leadership in unleashing purposeful connections, powered by Adobe, to help accelerate clients’ path to value. Accenture has received the following awards:  Adobe 2022 Digital Experience (DX) Solution Partner of the Year (Global): This award recognizes significant investments and demonstrated…

Chennai-based baby care brand Baby Amore bags funding from GetVantage

Baby care startup Baby Amore has raised funding from GetVantage, a revenue-based financing fintech platform and marketplace, according to ETtech report. Founded in 2019 by Hameed Imthad and Abdul Wahab, Baby Amore provides eco-friendly, organic, and sustainable baby products. At present, the company sells over 100 brands and 2000 SKUs through its e-commerce store and…

TCS named a 2022 Global Top Employer

Tata Consultancy Services (TCS) is recognized as a Global Top Employer for the seventh year in a row by the Top Employers Institute. TCS is one of only 11 Global Top Employers recognized this year for excellence in people practices. TCS is ranked the number one Top Employer in the United States, Europe and Asia…

Nagarro joins forces with Singapore-based Techmill Global

Nagarro, a global digital engineering company, announced it has reached an agreement with the shareholders of Singapore-headquartered Techmill Global Pte Ltd, a fintech company, to bring the companies together.    The Techmill group, founded by Harihara Gopinath Sharath and Vishwanath Rajashekarappa in 2008, has over 180 employees across the world, with the majority in India. Techmill is a partner…