Simpl, a cardless payment network, has raised a $40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83M. With Simpl, online merchants provide consumers an easy, safe and intuitive way to buy. Its…
Accenture has completed the acquisition of King James Group, a highly awarded creative agency with deep expertise in brand strategy, creativity and digital marketing services. Financial terms of the transaction, which was announced on September 7, were not disclosed. Founded in 1998 with locations in Cape Town and Johannesburg, King James Group offers integrated communications solutions across several industries,…
Tata Consultancy Services (TCS) has been ranked among the Top 3 service providers in the HFS Top 10 for Energy Services. TCS was positioned #2 for voice of the customer, overall execution, as well as technology use and development. “TCS is working with leading energy companies to navigate industry challenges using digital technologies. Our market-leading…
ViacomCBS Inc. announced it has entered into a definitive agreement to sell CBS Studio Center and its associated operating business to a partnership formed by Hackman Capital Partners, LLC and Square Mile Capital Management, LLC for approximately $1.85 billion. The transaction is the result of a widely marketed sale process, which attracted interest from a number…
IndiGrid, India’s first power sector Infrastructure Investment Trust, announced the appointments of Jayashree Vaidhyanathan as an Independent Director and Hardik Shah as Non-executive Director to the Board, effective November 30, 2021. Vaidhyanathan has decades of experience in driving product strategy in the Digital Transformation space, product innovation, risk management, M&A, technology delivery and execution. She…
South Indian Bank announced the appointment of Radha Unni as Additional Director, effective November 30, 2021. According to the Bank’s exchange filing, “we hereby inform that Mrs. Radha Unni has been appointed by the Board of the Bank as Additional Director(Independent Non-Executive Director) w.e.f. November 30,2021.” Radha Unni, aged 72 years, retired as the Chief…
NIIT’s subsidiary, RPS Consulting announced the appointment of Francis Jacob as its President and Business Head. RPS Consulting provides training programs on emerging digital technologies for experienced technology professionals, specifically addressing the needs of Global Systems Integrators and Capability Centers of large multinational companies. Francis is a senior leader with over two decades of experience…
EatClub Brands, which operates popular brands like BOX8 & MOJO Pizza, has raised $40 million in a round led by Tiger Global. EatClub Brands is a technology first, full-stack cloud kitchen company, and it has one of Asia’s largest cloud kitchen networks. Currently, a total of 8 brands operate out of its 150+ kitchens, GLOBO…
Sunshield Chemicals Limited announced the appointments of Ravishanker Sharma as Chief Financial Officer and Amit Kumashi as Company Secretary of the company, effective December 01, 2021. Ravishanker Sharma qualified Chartered Accountant having more than 20 years of industrial experience in the field of Accounting, Corporate Finance, banking arrangement, Merger and acquisition & Taxation work. Before…
9X Media’s Chief Business Officer Punit Pandey has taken additional charge of revenue for the Network. An industry veteran with over 30 years of experience in Business development, Punit will now guide and mentor the sales team at 9X Media. Being part of 9X Media’s Executive Team, Punit will continue to work closely with the…
ZebPay, a crypto exchange platform, announced the appointment of Tarun Jain as its Chief Financial Officer (CFO). In this new role, Tarun will shape the strategic and long-term financial direction of ZebPay’s business. He will work closely with the organization’s leadership team to scale the organization and its systems for the next phase of growth,…
Veg Route, an Agri tech fresh produce B2C supply chain, announced that it has secured $125K in Pre-Seed funding round led by the founder of Ippopay Mohan K, CEO & Jai Kumar, CTO, Prabhu R, Co-Founder, M2P Fintech, and also UAE Based Fin-Tech Startup Foloosi’s Founder Omar Bin Brek. Veg Route is helping farmers by eliminating middlemen engagement, Veg Route is…
Bharat Heavy Electricals Limited (BHEL) announced it has achieved a major milestone in its journey of business excellence with four of its major units (Haridwar, Bhopal, Hyderabad & Trichy) winning accolades under the CII-EXIM Bank Award for Business Excellence 2021. The awards were received by the units in the presence of Dr. Nalin Shinghal, Chairman…
Myles Automotive Technologies, a vehicle subscription and sharing platform, announced the appointment of Amrish Bhargava as its new Chief Executive Officer (CEO). As the CEO, he will be responsible for overseeing the partnerships, customer acquisitions, and product enhancements along with working with the founders on the overall business strategy. Prior to starting his journey with…
Upskilling platform Simplilearn announced its first-ever Employee Stock Option Plan (ESOP) buyback worth Rs. 48.74 crore. The company had offered active employees to liquidate up to 25% of their vested ESOPs as part of this buyback. 65% of the active employees with ESOPs liquidated their options as part of this buyback process. The company also…