IT Software Products company Quick Heal Technologies Limited announced the appointment of Dr. Lalit Mohan Sanagavarapu as Chief Product Officer and Ajit Zanjad as Vice President – Head of Delivery, with effect from January 24, 2024. According to the company’s exchange filing, “This is to intimate that Dr. Lalit Mohan Sanagavarapu has been appointed as…
Category: News
Fabits raises pre-seed round from WMUIndia
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•Indian deep tech-enabled investments startup Fabits has announced its pre-seed round led by WMUIndia, one of India’s leading wealth management firms that advises and serves an exclusive circle primarily comprising ultra-high net-worth individuals. Fabits is looking to break the clutter in the fintech space and target customers for financial planning and wealth management to create sustainable and personalized portfolios.…
Sharp India appoints Jaideep Palsule as Chief Financial Officer
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•Sharp India Limited, a wholly-owned Indian subsidiary of SHARP Corporation, announced the appointment of Jaideep Palsule as Chief Financial Officer of the company, with effect from January 25, 2024. According to the company’s exchange filing, “we hereby inform you that on the recommendation of Nomination and Remuneration Committee, the Board of Directors at their meeting…
Accenture and Mujin establish JV to bring AI and Robotics to the manufacturing and logistics industries
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•Accenture and Mujin, a leader in intelligent robotics for manufacturing, logistics and supply chain operations, have established Accenture Alpha Automation, a joint venture for the manufacturing and logistics industries. Accenture Alpha Automation will help companies automate their management infrastructure with data-driven solutions that seamlessly combine data from manufacturing and logistics operations with management data. The…
STEER appoints T.N. Hari as Executive Chairman
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•STEER World, a global leader in engineering innovation, specializing in materials transformation, announced the appointment of T.N. Hari as its Executive Chairman. This strategic move marks a significant milestone for the company as it endeavors to achieve new heights under the dynamic leadership of Hari, leveraging his extensive experience and insights in growing and scaling…
Travel-tech Bookingjini raises pre-Series A round led by Inflection Point Ventures
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•Bookingjini, a travel-tech platform raised an undisclosed amount in a Pre-Series A Round led by Inflection Point Ventures. The funds will be allocated towards both product development and customer acquisition strategies. Bookingjini is dedicated to redefining hospitality through cutting-edge technology, by providing a seamless booking experience for both hoteliers and guests. The platform offers a…
Propelld subsidiary Edgro appoints Anil Mehta as Independent Director
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•Edgro, a subsidiary of Propelld, announced the appointment of Anil Mehta as an independent director to its board. This strategic addition comes following Edgro’s recent attainment of the NBFC License from the Reserve Bank of India, a statement said. Welcoming him onboard, Bibhu Prasad Das said, “We are thrilled to welcome Anil to the board of…
Advait Greenergy appoints Mallikarjuna.B as CEO
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•Advait Greenergy, a pioneering leader in the clean tech and green energy sector, announced the appointment of Mallikarjuna.B as its new CEO. Mallikarjuna.B brings over 15 years of unparalleled expertise and a proven track record in renewable energy, strategic partnerships, and international business development to his role at Advait Greenergy. Mallikarjuna.B joins Advait Greenergy with…
Crompton recognized as India’s Best Managed Companies 2023 by Deloitte India
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•Crompton Greaves Consumer Electricals Ltd. has been honored as one of India’s Best Managed Companies 2023 by Deloitte India recognizing its consistent efforts to drive business excellence for the second consecutive year. India’s “Best Managed Companies” winners are amongst the best-in-class Indian companies demonstrating leadership in the areas of strategy, capabilities, innovation, culture, commitment, and…
EDX Markets announces completion of Series B funding round
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•EDX Markets (EDX), a leading digital asset marketplace designed to meet the needs of both crypto-native firms and the world’s largest financial institutions, announced the successful launch of its digital asset clearinghouse, EDX Clearing, and the completion of its Series B investment round, with new investor Pantera Capital co-leading with founding investor Sequoia Capital. EDX Clearing…
Kirloskar Pneumatic appoints Deepak Lokras as President
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•Kirloskar Group flagship firm Kirloskar Pneumatic Company Limited (KPCL) announced the appointment of Deepak Lokras as President, with effect from January 25, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Board in its meeting held today approved…
AI testing firm RagaAI closes $4.7 mn funding led by Pi Ventures
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•RagaAI, an AI testing and safety firm founded by former Ola Electric and NVIDIA executive Gaurav Agarwal, announced its first institutional funding of $4.7 million led by AI and machine learning-focused investor Pi Ventures, according to ETtech report. Anorak Ventures, TenOneTen Ventures, Arka Ventures, Mana Ventures and Exfinity Venture Partners also participated in the funding…
AM Green ties up with Envision Energy for wind turbines and global green hydrogen projects
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•Envision Energy International, and AM Green, a hydrogen and green ammonia venture wholly owned and controlled by the founders of Greenko Group, signed a Memorandum of Understanding (MOU) to partner in the manufacture of wind turbines for AM Green’s clean energy projects in India and to collaborate on green hydrogen projects. The MOU was signed during the…
Colliers’ Sankey Prasad appointed Chairman and MD for India & CMD for Colliers Project Leaders Middle East
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•Global diversified professional services and investment management company, Colliers, announced that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East. Effective immediately, Prasad becomes Chairman and Managing Director for India & CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East. He will also take a significant stake…
Muthoot Capital Services appoints Srikanth G Menon as Chief Compliance Officer
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•Muthoot Capital Services Limited (MCSL) announced the appointment of Srikanth G Menon as Chief Compliance Officer of the company, with effect from January 23, 2024. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Company has appointed Mr. Srikanth G Menon as the “Chief Compliance Officer”…