Spinny, the full-stack used car retailing platform, announced it is aiming to increase its workforce by 5000+ employees by the end of 2022. The company now employs 4000+ team members. “The company is a benchmark in contactless and completely digital transactions where the complete full-stack capabilities allow for buying and selling cars from home. The…
mPokket – an Instant Loan App providing loans to college students and young working professionals – announced its hiring plans for the financial year 2022. The Columbia Business School alumnus-led mPokket will onboard1500 plus employees in 2022, across its various verticals. Between April 2021 and December 2021 (YTD), mPokket hired over 500 new employees across…
Granules India Limited, a vertically integrated pharmaceutical company, announced the appointment of Sucharita Rao Palepu as Non-executive Independent Director on the Board of the Company with immediate effect. Sucharita brings with her a rich and varied experience of two decades in Information Technology and Financial Services. She is currently a Strategic Advisor specializing in Organization…
India Yamaha Motor (IYM) Pvt Ltd. announced that Eishin Chihana has taken charge of the Group’s India operations as its new Chairman. Eishin Chihana has been associated with Yamaha Motor Company and its group companies across the globe since 1991. He holds strong expertise across different verticals like Sales, Marketing and Business Management, with a major…
Serial entrepreneur Aditya Vuchi, who recently exited his previous company MediaMint in a Rs. 566 Cr. deal, announced that he has raised seed funding for his latest venture. His newest startup, Doosra, is focused on solving one of the most complex and pressing problems globally – privacy. The round was led by Omidyar Network India.…
Founded by Ankur Marda, Ashish Marballi and Hitesh Sarda in 2017, GoKhana digitizes operations of institutional food-courts by introducing efficiencies and making the entire food-ordering process convenient, efficient and contactless. The current round was led by GRM Foodkraft Private Ltd (GFK), a subsidiary of GRM Overseas Limited. “The company’s strategic investment in GoKhana is an important milestone in…
Salesforce announced the launch of its new Salesforce Startup Program in India, designed to enable startups to innovate, augment customer connections and scale their ventures to the next level. This program, debuting in India, is uniquely designed to provide disruptive startups with access to Salesforce technology, experts, ecosystems, as well as business mentorship to create real impact, the statement…
SADA, a US-based business and technology consultancy and Google Cloud Premier Partner, announced its acquisition of Thiruvananthapuram Technopark-based ByteWave Digital, a Google Cloud Partner committed to providing innovative and scalable technology solutions and services to help businesses of all sizes unlock the power of the cloud. ByteWave Digital maintains its global delivery center in Thiruvananthapuram and…
Ujjivan Small Finance Bank announced the appointment of Satyaki Rastogi, GM, SIDBI, Bengaluru Office to its Board of Directors, effective December 23, 2021. According to the bank’s exchange filing, “we hereby inform you that SIDBI vide its letter dated December 22, 2021, has appointed Mr. Satyaki Rastogi, General Manager, SIDBI, Bengaluru Office as a Nominee…
KPIT Technologies Limited, a company that provides software to the automotive companies, announced the appointment of Anup Sable as an Additional and Executive Director of the company, effective December 22, 2021. According to the company’s exchange filing, “We wish to inform you that the Board of Directors of the Company, at its meeting held on…
Manorama Industries Limited, a company that manufactures tree-borne oils and fats in India, announced the appointment of Veni Mocherla as an Independent Director of the company, effective December 22, 2021. According to the company’s exchange filing, “The Board of Directors of Manorama Industries Limited at their meeting held today i.e December 22, 2021 has approved…
Hikal Limited announced the appointment of Shrikrishna K. Adivarekar as an Additional Director to its Board, effective December 22, 2021. According to the company’s exchange filing, “the Board of Directors of the Company, at its meeting held today on December 22, 2021, has appointed Mr. Shrikrishna K. Adivarekar (DIN: 06928271) as an Additional Director of…
Global travel technology platform, OYO, has announced the appointment of two new senior leaders for engineering and data science. Nirdosh Chouhan, previously at Apple, joins the company as the Senior Vice President of Engineering, while Kranthi Mitra Adusumilli, previously at Swiggy, comes onboard as OYO’s Sr. Principal Data Scientist. Both Nirdosh and Kranthi will directly…
Modenik Lifestyle Pvt. Ltd has announced its leadership team following the close of the merger. Modenik is the entity formed post the merger of two Advent International portfolio companies in the essential clothing category – Dixcy Textiles Pvt. Ltd (Dixcy Scott brand) and Gokaldas IntimatewearPvt. Ltd (parent company of brand Enamor). Modenik has designated senior leaders in Operations,…
Renu Electronics has announced the acquisition of Phoenix Contact HMI IPC Technology GmbH to form Renu Electronics GmbH. This will be a 100% owned subsidiary in Germany. Renu Electronics now gets to add 50 more members to its increasing base of manufacturing and engineering capabilities in Europe. Phoenix Contact and Renu Electronics have been working together…