IndoStar Capital Finance Limited (IndoStar), a retail non-banking financial company, announced the appointment of Deep Jaggi as Chief Executive Officer. R. Sridhar will continue as Vice Chairman of IndoStar until the end of his five-year term on 17th April 2022, a statement said. Over the past five years R. Sridhar has ably led the transformation…
Hero MotoCorp announced the appointment of Dr. Arun Jaura as Chief Technology Officer. He will report directly to Dr. Pawan Munjal, Chairman and CEO, Hero MotoCorp. Also, the company announced the resignation of Neerja Sharma as Company Secretary and Chief Compliance Officer. Dr. Arun Jaura, an accomplished engineering and technology expert with considerable experience of…
Kia America announced that Steven Center will join the company on Jan.10 as Chief Operating Officer and Executive Vice President. The former Vice President of American Honda Motor Co., Inc.’s Auto Sales Strategy Division will be in charge of the strategy and execution of Kia’s sales, service and marketing operations in the United States, under the…
Dr. Reddy’s Laboratories Limited announced the appointment of Dr. K P Krishnan to its Board of Directors, effective January 7, 2022. According to the company’s exchange filing, “we would like to inform you that Dr. K P Krishnan (DIN: 01099097) has been appointed as an Additional Director, categorized as Independent, on the Board of Dr.…
Edtech unicorn upGrad has appointed Vikram Vyas as Vice President – Growth, International Sales for the APAC and EMEA regions. In this new role, Vyas will be responsible for strengthening the company’s presence and gaining a dominant market share globally. Vyas is an industry veteran with over 20 years of experience across countries and cultures…
GIC Housing Finance Limited announced the appointments of Vaijinath M. Gavarshetty, Kishore Garimella, and S. J. Krishnan to its Board of Directors, effective January 6, 2022. Vaijinath M. Gavarshetty – MBA (Finance), has over 33 years of experience in Banking sector with State Bank of India (SBI) in various capacities & positions including as (i)…
Rupifi, a digital payments startup, announced it has raised $25 million as a part of its first round of institutional funding led by Bessemer Venture Partners and Tiger Global, according to ETtech report. Existing investors Quona Capital and Ankur Capital also participated in the current funding round, along with early-stage investor Better Capital. Rupifi now…
FarEye, a global SaaS platform transforming last-mile deliveries, announced the appointment of Manoj Rathi as its Chief Financial Officer. Manoj brings over 27 years of experience in leadership roles at Genpact, Grofers, BirlaSoft, DXC Technology, NIIT, etc and was recently associated with Dalmia-OCL. Manoj is a Chartered Accountant and holds a bachelor’s degree in commerce from St. Xavier’s…
Zuddl, the all-in-one platform for virtual and hybrid events, announced it has closed $13.35 mn in Series A funding, led by Alpha Wave Incubation (AWI), which is backed by DisruptAD, ADQ’s venture platform, and managed by Falcon Edge Capital, and Qualcomm Ventures LLC. The round also saw participation from existing investors GrowX and Waveform Ventures.…
IIFL Finance, a non-banking financial company, announced it has appointed Richa Sachdeva Chatterjee as President and Chief Human Resources Officer (CHRO). Chatterjee was previously the Head of HR at Network18’s Digital, Print and Publishing businesses, preceded by senior roles at Viacom18, Boston Consulting Group (BCG) and Tata Motors. She is a seasoned HR leader with…
Vestar Capital Partners, a U.S. middle-market private equity firm, announced the promotions of Jake Olson, Diya Talwar, and Mike Vaupen to Managing Director. “Jake, Diya, and Mike have played integral roles in Vestar’s success, both on the investment side and within the firm,” said Dan O’Connell, Founder and CEO of Vestar. “Vestar had an active 2021, investing in five new…
Innoviti Payment Solutions Pvt. Limited announced it has raised Series D funding, a mix of debt and equity, from Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners. Sanjoy Bhattacharya, the doyen amongst value investors, Bharat Jaisinghani, and a clutch of other individual investors also participated in the same. Innoviti’s valuation has multiplied 2.5X from…
HFCL Limited (HFCL), the telecom equipment manufacturer and technology provider, announced it has appointed Andrew Westerman as VP – International Sales, Communication Products, Rajesh Jain as Executive President – EPC Projects business, and Santanu Bhattacharyya as VP and Head of FPGA – Engineering. HFCL in its wholly-owned subsidiary in the Netherlands has onboarded Andrew Westerman…
Cyber protection company Acronis has announced the appointment of Michael Callahan as its new Chief Marketing Officer. Callahan joins the team with extensive sales and marketing experience, serving in senior leadership roles at companies such as McAfee, HP, and Juniper, and most recently as the Senior Vice President of Global Marketing for Cofense, the statement…
Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. This…