Takeda Pharmaceutical Company Limited (Takeda) announced the exercise of its option to acquire Adaptate Biotherapeutics (Adaptate), a UK company focused on developing antibody-based therapeutics for the modulation of variable delta 1 (Vδ1) gamma delta (γδ) T cells. Through the acquisition, Takeda will obtain Adaptate’s antibody-based γδ T cell engager platform, including pre-clinical candidate and discovery…
ReliaQuest, the leader in Open XDR-as-a-Service, announced the opening of a new office location in Pune, Maharashtra, India. The office is the company’s first location in India. ReliaQuest plans to add more than 50 employees to its India team by the end of the year, the statement said. This news comes on the heels of…
Isotropic Systems, the provider of transformational next-generation multi-link satellite terminals, announced that Rash Sahota has been appointed as General Manager and Chief Operating Officer. Sahota will be responsible for ensuring the company delivers its vision and strategy, while managing costs and driving revenue growth, the statement said. Rash brings over 30 years of experience in…
Lahori, a Punjab-based beverage startup, announced it has raised $15 million funding from Belgium-based consumer focused investor Verlinvest for an undisclosed minority stake. Lahori will use the funds to double down on its brand’s growth through offline & online expansion and will also enhance the national presence of the brand in retail chains. The fresh…
Tata Consultancy Services (TCS) announced it has won two awards at the Internet of Things (IoT) Global Awards 2021 for TCS DigiFleet in the Automotive, Transport and Travel category and TCS Smart Store solutions in the Retail, Marketing and Hospitality category. The IoT Global Awards honor the most innovative companies, products, and individual talent. TCS’…
upGrad for Business, the B2B arm of Asia’s higher edtech major upGrad, has onboarded Swapnil Kamat, CEO – Work Better, and his team to strengthen its Enterprise L&D offerings. Founded in 2008, the Mumbai-based Work Better is India’s leading Soft Skills Training, Sales Training & Leadership Training company, that helps boost productivity in the workforce, through their result-focused learning…
AscentHR, an HR Operations services and technology company, announced it has invested to acquire majority stakes in nFactorial, a HR analytical sciences company that provides a platform to discover employees’ moments of truth that are critical to an organization’s success. AscentHR will be taking this platform to the market exclusively and continue to enhance the…
JSA announced the appointment of Anand Ramaswamy as the Chief Strategy & Development Officer, effective from 05 January 2022. Anand brings over 25 years of experience within the legal sector, having worked with leading global law firms across the Asia Pacific, covering law firm management, practice development, business development & marketing and communications. He has a demonstrated…
Credit score provider TransUnion CIBIL has appointed Amol Joshi as its new Chief Financial Officer, effective December 28, 2021. Most recently, Amol served as CFO at IndoStar Capital Finance. In this new role, Amol will lead the finance function, related Board relationships and partner the CEO in broadening Transunion’s agenda in India. He will be…
PepsiCo India announced the appointment of George Kovoor as Senior Vice-President (SVP), Beverages, effective January 1, 2022, according to PTI report. Kovoor will be the General Manager for the beverage business and will also be responsible for creating a long-term sustainability strategy for both the foods and beverage categories, said a PepsiCo India Statement. “Kovoor…
Polestar Solutions, a data analytics and enterprise performance management (EPM) company, announced it has raised an undisclosed amount of Series-A funding from a US-based strategic investor. The round of investment is driven by the significant revenue growth, strong traction (across segments and geographies), and competitive advantage the company has consistently established over consecutive years, the statement…
Vedavaag Systems Limited, a software development and e-Business solutions company, announced that Srinivas Pannala has consented to join the company as CEO – Emerging Technologies. According to the company’s exchange filing, “We are to inform you that Mr. Srinivas Pannala, has given his consent to join as CEO – Emerging technologies to take forward the…
HungryPanda, the global asian food delivery company, announced it has acquired Australian food delivery platform EASI and New Zealand Asian food delivery platform BUY@HOME. These two transactions will help HungryPanda improve its local operations, empower restaurants to achieve greater business success and improve consumer experience by widening their choice of authentic Asian restaurants, the statement said.…
RBL Bank and Google announced a strategic collaboration to fuel the Bank’s customer experience strategy and expand its value proposition to serve its rapidly growing customer base through its digital platform, Abacus 2.0. This collaboration will enable better customer data management, and analytics, enabling effective cross-selling within the Bank’s large customer base and subsequently reducing…
CSB Bank Limited announced the retirement of its MD & Chief Executive Officer C. VR. Rajendran. He will continue to lead the bank till March 30, 2022, the statement said. “After leading CSB Bank for over 5 years and playing a vital role in its transformation journey and being instrumental in making the bank cross…