Category: News

Wipro to acquire LeanSwift

Wipro Limited, a global information technology, consulting and business process services company, announced that it has signed an agreement to acquire LeanSwift Solutions, a Florida, US headquartered system integrator of Infor Products whose service capabilities include ERP, e-commerce, digital transformation, supply chain, warehouse management systems, business intelligence and integrations. LeanSwift has development offices across US, Sweden and…

Mona Chopra appointed Product Head at TransFunnel Consulting

TransFunnel Consulting, a certified HubSpot Diamond Partner agency, has appointed Mona Chopra as Product Head. With 15 years of experience in product management, right from inception to delivery, as a product manager, Mona has collaborated with stakeholders to drive product growth in the right direction, the statement said. Her 10-year stint with a US healthcare…

Anchorage raises $350 mn Series D round led by KKR

Anchorage Digital (Anchorage), the premier digital asset platform for institutions, today announced it has closed a $350 million Series D funding round led by global investment firm KKR. This funding round values Anchorage at over $3 billion. Participants include Goldman Sachs, Alameda Research, Andreessen Horowitz, Apollo credit funds, funds and accounts managed by BlackRock, Blockchain Capital, Delta Blockchain…

Australian Open and Infosys extend Digital Innovation Partnership until 2026

Infosys, a global leader in next-generation digital services and consulting, announced an extension of its digital innovation partnership with the Australian Open (AO) until the end of 2026. The expanded collaboration will see Infosys and Tennis Australia continue to harness Big Data and Analytics, Artificial Intelligence, Virtual Reality and Cloud technologies to elevate the AO…

Kedaara acquires majority stake in GAVS Technologies

Private equity firm Kedaara announced the acquisition of a significant majority stake in GAVS Technologies Limited (GAVS), an AI-led digital transformation company that focuses on differentiated managed services and product engineering in Healthcare, Retail, BFSI and other verticals. GAVS has grown its revenue at a stellar rate of 20%+ over the last five years (10x+…

NSDC and Hero Vired enter into a strategic alliance to upskill the Indian youth

Edtech startup Hero Vired announced it has collaborated with National Skill Development Corporation (NSDC) to offer internships, industry projects and financial support to professionals and higher education aspirants.  The collaboration aims at developing innovative training programs in emerging and relevant technologies such as drone deployment and game designing, among others. As the technology innovation partner,…

NIKE announces acquisition of RTFKT

NIKE, Inc. announced the acquisition of RTFKT, a brand that delivers next generation collectibles that merge culture and gaming. Financial terms of the deal were not disclosed. “This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming and culture,” says John…

Big Bloc Construction enters JV with Siam Cement Group

Big Bloc Construction Limited (BCL) announced that it has entered into a joint-venture agreement with SCG International India Private Limited, a wholly owned subsidiary of Siam Cement Public Company Limited (SCG) under Cement-Building Materials Business, to engage in the production and sale of lightweight concrete panels and blocks with the total capacity of approximately 2.6…

Sachchida Nand Agrawal joins CJ Darcl Logistics Board as an Independent Director

CJ Darcl Logistics, a domestic multimodal logistics solutions company, announced the appointment of an independent director on its Board. Sachchida Nand Agrawal join the board starting from 19th October 2021 as an Independent Director. His appointment is in line with good corporate governance practices. Welcoming Sachchida Nand Agrawal to the CJ Darcl Board, Narender Kumar Agarwal, Joint…

Chanel appoints Unilever CHRO Leena Nair as Global CEO

Former Unilever CHRO Leena Nair has joined French luxury group Chanel as its Global Chief Executive Officer. She was a member of the Unilever Leadership Executive (ULE), which is responsible for delivering Unilever’s business and financial performance, according to PTI report. “Leena Nair, CHRO, has decided to leave the company in January 2022 to pursue…

Brinc bags $130 mn in Series B funding round led by Animoca Brands

Global venture accelerator Brinc announced the closing of its US$30 million in Series B funding round and a further US$100 million for startup investments, led by Hong Kong unicorn Animoca Brands, an investor in NFT-centric and Web 3.0 companies. The fresh capital will be utilised to fuel Brinc’s global platform expansion across new locations and verticals – allowing more investors and corporate…

3i Infotech appoints Varika Rastogi as Company Secretary

3i Infotech Limited announced the appointment of Varika Rastogi as Company Secretary and Compliance Officer, effective December 15, 2021. Varika Rastogi is a fellow member of the Institute of Company Secretaries of India and holds bachelor’s degree of laws from Meerut University. Varika brings in enriching and diversified experience of over 20 years with compliance…

Sheetal Nagda appointed to Oriental Rail Infrastructure board

Oriental Rail Infrastructure Limited announced the appointment of Sheetal Nagda as an Additional Director of the company, effective December 14, 2021. According to the company’s exchange filing, “On the basis of recommendation of the Nomination and Remuneration Committee, Mrs. Sheetal Nagda (DIN: 07179541) is appointed as an Additional Director (Non-Executive / Independent Director) of the…

Infosys acquires Singtel’s delivery center in Malaysia

Infosys announced the acquisition of 100 per cent stake in Singapore Telecommunications Limited’s (Singtel) delivery center in Malaysia – Global Enterprise International Malaysia Sdn. Bhd. (GEIM). According to the company’s exchange filing, “This is to inform that as part of a strategic partnership, Infosys Consulting Pte. Ltd., a wholly owned subsidiary of the Company is…

Ola’s ex CTO’s new venture, Spry, raises $3 mn in seed funding round

Spry, India’s first management, communication and assessment SaaS based platform for movement health industry, announced that it has raised USD 3 million in a seed funding round from a clutch of key investors. The round was led by Together Fund, India’s first founder-led VC fund. It also saw the participation of a number of other…