Mastek, a global digital engineering & cloud transformation specialist, has announced the opening of its new office in București, Romania under the name of Evolutionary Systems B.V. Amsterdam – Sucursala București. Mastek’s move to this new location will support the organization’s efforts to ensure success for its clients, employees, and society as a whole, the…
Newgen Software Technologies Limited (Newgen) announced it has acquired Number Theory Software Private Limited, an AI/ML data science platform Company. Post acquisition, Number Theory will become a wholly owned subsidiary of the company. According to the company’s exchange filing, “the Board of Directors of the Company at its meeting held today has approved the acquisition…
Bombay Industries Association (BIA) announced in its 58th Installation Ceremony, that Sanjay Shah, last year’s President, has handed over the office to Nevil Sanghvi. Anil Agarwal, Chairman of Vedanta Resources Ltd was the Chief Guest and Bharat Goenka, Vice Chairperson of Tally Solutions Pvt. Ltd; Jay Shah, Secretary BCCI & Megha Tata, MD, South Asia, Discovery…
Meta announced the appointment of Meghna Apparao as the Director of E-commerce in India to lead the strategy and solutioning that is focused on the company’s largest e-commerce advertisers. She will report to Arun Srinivas, Director and Head of Global Business Group at Meta in India. Meghna’s appointment comes on the back of a series…
Agritech startup Arya.ag has raised $60 million in its Series C funding round led by Asia Impact SA, a Luxembourg-based investment firm, according to ETtech report. Existing investors Lightrock India and Quona Capital also participated in the funding round. Post funding, the company is valued at $300 million. While $46 million came in as equity…
Electric mobility startup Yulu has appointed Rupini Raman as the Head of Human Capital. Most recently, she served Vivriti Capital as Head of HR. In this new role, Raman’s key responsibilities will be to build Yulu into a preferred employer brand, scale up the talent pool, and create an inclusive, enriching and progressive work culture,…
Koia, a new investment platform bringing alternative assets to Europe, announced a $1.4 million pre-seed round. Investors in this round include Seedcamp, RTP, Portfolio Ventures and business angels. The new investors join Koia’s early backers, including the co-founders of Monzo and Freetrade. Koia was founded by Richard Draper, Iris ten Teije and Ben Riazy, who had careers…
Nazara Technologies Limited, an India based, diversified gaming and sports media company, announced that it has entered an agreement to acquire a 55% stake in programmatic advertising and monetization company Datawrkz. Nazara will acquire a 33% stake (INR 60 crores payable of which INR 35 crores is partly payable in cash and the balance consideration…
Auto components manufacturer Bosch Limited has appointed Karin Gilges as Chief Financial Officer of the company, effective May 1, 2022. According to the company’s exchange filing, “we wish to inform that the Board of Directors has at its meeting held today i.e. Monday, January 17, 2022, based on the recommendations of the Nomination and Remuneration…
Tech Mahindra, a provider of digital transformation, consulting, and business re-engineering services & solutions, announced 100% acquisition of Com Tec Co IT Ltd (CTC) for €310 million including earnouts and synergy linked payouts. CTC is an IT solutions and service provider serving the insurance and financial services industries with development centres in Latvia and Belarus.…
Short-video platform Chingari has raised $15 million in funding led by Republic Capital, according to PTI report. The extended Series A round also saw participation from Onmobile, JPIN Venture Catalysts, Hill Harbour, Angellist, Venture Collective, Makan Family, Cowa Ventures, MVC Friends, Protocol Labs and other HNI family offices, a statement said. The app will invest…
Zaggle, the Mumbai-based SaaS fintech company, announced the appointment of Sathish N as Chief Product Officer. He joins Zaggle from FSS where he was working as Deputy Chief Product Officer. At Zaggle, Sathish N will work closely with the fintech firm’s MD and CEO, Avinash Godkhindi, and lead product innovation, besides being in charge of…
Xiaomi, a consumer electronics and smart manufacturing company, has published a new set of proposed global standards to support and reassure consumers about the security of their data while using IoT products. The guideline entitled “Cyber Security Baseline for Consumer Internet of Things Device Version 2.0” aims to protect security and user privacy with a comprehensive…
ZingHR has raised $10 million from Tata Capital Growth Fund, according to ETtech report. With this investment, Tata Capital’s private equity arm will own a 33% stake in the company. Till now the startup raised $12 million in funding. The company will use the capital for expansion into more global markets, upgrade technology and to…
Tata Consultancy Services (TCS) has been voted number one in customer satisfaction in France, in an independent survey of CxOs of top IT spending organizations. This is the third consecutive year that TCS has taken the top spot with an overall satisfaction score of 84%, compared to the industry average of 71%, reflecting TCS’ strong…