Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, announced that it has raised a new round of capital in its Series C funding, led by TVS Motor Company. Zoho Corporation has joined this round along with TVS Motor, to support Ultraviolette’s vision of developing high performance mobility solutions for India and global markets, the…
Category: News
Charmi Parikh appointed to Goenka Business & Finance board
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•Goenka Business and Finance Limited announced the appointment of Charmi Parikh as an Independent Director to its Board, effective December 07, 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 December 7, 2021, has approved the appointment of Ms.…
Cyient recognised as Expansive-Established player in the overall ER&D and loT Services
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•Cyient, a global engineering, manufacturing, and digital technology solutions company, announced that it has been recognized as an Expansive-Established player in the overall ER&D and loT Services in the 2021 Zinnov Zones ratings. The ratings have been structured to evaluate the global Service Provider community extensively for their engineering and loT capabilities for both services…
IBM and MuleSoft announce global relationship to help accelerate flexibility across public and private clouds
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•IBM and MuleSoft announced a global relationship. MuleSoft plans to extend its Anypoint Runtime Fabric, a container service for multi-cloud and hybrid deployments, to run on Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform. IBM and MuleSoft plan to deliver increased integrations and solutions around the IBM Z product family to support financial services and other mutual…
Landbell Group and GreenForest Solutions announce a JV in India
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•Landbell Group, a provider of environmental and chemical compliance solutions has announced a joint venture with GreenForest Solutions – a sister company of BlackForest Solutions, one of Europe’s fastest-growing waste management consultancy firms. The new entity – Landbell GreenForest Solutions Private – is a producer responsibility organization (PRO) which offers best-in-class EPR services for plastic…
Niro ropes in Spark Capital exec Laasyaa Chadaga as Head – Finance & Strategy
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•Consumer lending platform Niro has roped in Laasyaa Chadaga as Head of Finance & Strategy. At Niro, Chadaga would be responsible for overseeing the finance function and driving the capital raising initiatives. Prior to this, Chadaga was associated with Spark Capital Advisors as Vice President for the last 10 years. With extensive experience as a…
UNO MINDA to expand alloy wheel business
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•The Board of Minda Industries Limited (MIL) (Flagship company of UNO Minda Group) approved the below mentioned expansion plans in its alloy wheel businesses considering increased demand for its alloy wheels from leading OEMs. Minda Industries Ltd will be expanding its 2W Alloy wheel capacity by 2.0 Mn wheels per annum at its existing Supa…
Chubb appoints Fran O’Brien as Deputy Chief Risk Officer; Ana Robic named Division President, North America Personal Risk Services
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•Chubb Limited announced that Fran O’Brien has been appointed Deputy Chief Risk Officer. Currently, Senior Vice President, Chubb Group and Division President, North America Personal Risk Services. O’Brien in her new global role will help support all Chubb’s enterprise risk management activities including strategy, management framework and related processes across the company, the statement said. Ana Robic, who currently serves…
Alembic announces seed round investment in RIGlmmune
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•Alembic Pharmaceuticals Limited (Alembic) has announced that it has made a strategic investment in RIGlmmune Inc., a biopharmaceutical research company cofounded by two prominent Yale University professors. RIGlmmune Inc. was founded by Dr. Anna Pyle and Dr. Akiko Iwasaki. Dr. Pyle is a Professor of Molecular, Cellular and Developmental Biology at Yale University and an…
Nobel Laureate Dr. Esther Duflo joins Krea University’s Governing Council
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•Krea University announced the appointment of Nobel Laureate Dr. Esther Duflo as a Member of its Governing Council. Dr. Esther Duflo is an economist and professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology (MIT). She is also Co-Founder and Co-Director at the Abdul Latif Jameel Poverty Action Lab (J-PAL). She was awarded the 2019…
Kilowott elevates Nitish Raikar as CEO for India & Global
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•Kilowott, an independent digital agency has elevated Nitish Raikar from his earlier role of Chief Operating Officer to Chief Executive Officer (CEO) for India & Global. Nitish will lead Kilowott’s Strategic Brand Management, Deploy new service lines and Lead Growth Markets along with Business Operations, the statement said. Raikar, an Engineering graduate and armed with a…
Rebel Foods appoints ex-Amazon exec Prakash Dutta as Global COO
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•Rebel Foods, which owns brands like Faasos and Behrouz Biryani, has appointed former Amazon Vice President India Operations Prakash Dutta as its Global COO, according to PTI report. Dutta will now lead Rebel Foods in 10 countries and drive the next phase of global growth, Rebel Foods said in a statement. “As the Global COO…
Johnson & Johnson appoints senior leaders to executive committee
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•Johnson & Johnson announced the appointment of several senior leaders to the Company’s Executive Committee. Separately, the Company announced that Michael Sneed, Executive Vice President, Global Corporate Affairs and Chief Communication Officer, will be retiring on April 1, 2022, the statement said. As previously announced, Alex Gorsky will serve as Executive Chairman of Johnson & Johnson and…
Zorro raises $3.2 mn seed round backed by 16 Unicorn founders
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•Zorro, a pseudonymous social network has raised $3.2 million in seed round by Vijay Shekhar Sharma (Founder & CEO, Paytm), Ritesh Agarwal (Founder & CEO, OYO Rooms), Ashish Hemrajani (Founder & CEO, BookMyShow), Kunal Shah (Founder & CEO, CRED), Ankiti Bose (Founder & CEO, Zilingo), Ashneer Grover (Founder & CEO, BharatPe), Lalit Keshre (Founder &…
Brightcom Group appoints Nilendu Chakraborty as Independent Director
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•The Board of Directors of Brightcom Group announced the appointment of Nilendu Chakraborty as an independent director of the firm. Chakraborty’s appointment expands the Board to seven directors, four of whom are independent directors, a statement said. Suresh Reddy, Chairman and CEO of Brightcom Group Limited, commented, “On behalf of the Company and the Board,…