HCL Technologies (HCL), a global technology company, has named Santhosh Jayaram Global Head of Sustainability. In his new role, Jayaram will work closely with HCL’s global leadership team in the Office of the CEO, a statement said. Jayaram’s appointment will help HCL refine and focus its existing agenda and strategy in the critical areas of…
Avast, a global digital security and privacy company, announced the acquisition of Evernym. The US company was instrumental to the invention of self-sovereign identity, with leading contributions from their Chief Trust Officer, Drummond Reed, and others in the company working within the industry standards community. This work has enabled the development of innovative products and services…
Robotic Research, an autonomous mobility and robotics solutions company, announced a $228 million funding round—the first outside capital the company has raised. This funding will drive further innovation and expansion of Robotic Research’s commercial division, RR.AI, which is focused on delivering comprehensive autonomous driving solutions for commercial truck, bus, drayage and logistics vehicles. Investors in the…
Former Airtel Senior Vice President and Global CISO Manish Tiwari has joined AI services provider Fractal as Chief Information Officer. In the new role, Tiwari will be overseeing the AI solutions provider’s various upcoming and ongoing digital transformation initiatives, the statement said. In his previous stint with Airtel, Tiwari was Chief Information Security Officer. He…
Rapidly expanding backpacker hostel brand, goSTOPS, has raised an additional USD 1 million bridge round within 6 months of the last million dollar Pre-Series-A round concluded early this year in June. The round was funded by existing investors – The Chennai Angels, Mumbai Angels, Yuj Ventures, Lead Angels, 1Crowd, Indian Angel Network, Chandigarh Angels Network in addition…
E-commerce platform Snadpeal announced the appointment of Priyaranjan Kumar as Vice President and Business Head. An experienced leader in the retail industry, he will lead various growth and expansion initiatives of the company, the statement said. Prior to joining Snapdeal, Priyaranjan was the Chief Operating Officer (COO) of Iconic Fashion, where he led the charge to build a…
Mastercard was recognized with the U.S. Secretary of State’s Award for Corporate Excellence for its commitment to expanding economic inclusion in India. The annual Awards for Corporate Excellence (ACE) recognize U.S. companies that uphold high standards as responsible members of their communities and represent American values in the way they do business in their overseas operations. Mastercard was honored…
TVS Motor Company, a manufacturer of two-wheelers and three-wheelers globally, announced its new distribution partnership with Active Motors SA, a subsidiary of Grupo Q, for Nicaragua and Costa Rica to expand its business in Central America further. Active Motors SA will support TVS Motor with dedicated sales, service, spares and customer relationship management (CRM), the…
Rohit Verma, chief executive officer and board member of Crawford & Company, and Oris R. Stuart, chief people and inclusion officer for the National Basketball Association, have been elected to the Ameritas Mutual Holding Company board of directors, Ameritas President and CEO Bill Lester announced. Verma and Stuart also will serve as directors for Ameritas Holding Company and…
HCL Technologies (HCL), a global technology company, and Deutsche Apotheker- und Ärztebank eG (apoBank), the largest cooperative primary bank in Germany, have signed with Atruvia AG an agreement to acquire IT consulting company Gesellschaft für Banksysteme GmbH (gbs). Post-closing, HCL will own 51%, while apoBank will own 49% stake of gbs. apoBank is currently a…
Indiassetz, a real estate wealth management platform, has announced the appointment of Murali Kalyanaraman as Mentor. He brings in expertise in implementing high-impact growth strategies, financial execution, and product development, according to the statement. Prior to Indiassetz, Murali was the Global CFO at Honeywell’s Technology Arm, and has also helped and guided various companies during…
Genesys International Corporation has announced the appointment of Sudhir Pradhan as President (Geospatial Platform). The appointment comes as a part of the company’s ongoing effort to deepen the professional capability and continuing of its growth trajectory, according to the company’s statement. Sudhir Pradhan has 28 years of rich experience in Telecom, FMCG, Consumer Durables and…
Practus, a Performance Improvement and Business Transformation Solutions company, announced the appointment of Anand Bhadkamkar as the Industry Leader – Media, Entertainment & Integration Specialist. Anand will work closely with Practus Founders and the leadership team to build and strengthen the Media and Entertainment Industry practice. He will also focus on Post Merger Integration, given his…
Picsart, a digital creation platform, announced that it is acquiring the research and development company DeepCraft for an undisclosed sum. “DeepCraft is a unique team of deep technology engineers, and we’ve been working with them to build our core technologies for over a year,” said Artavazd Mehrabyan, Co-Founder and CTO at Picsart. “As we invest further…
Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp and The Mahindra Group, announced a non-binding MoU for exploring creation of EV products and services, alongside identifying synergies in low-carbon and conventional fuels. The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, quadricycles and…