Global investment firm Carlyle has announced that Amit Jain has joined the firm as a Managing Director based in Mumbai and Co-Head of the Carlyle India investment advisory team. Mr. Jain joins Carlyle after ten years at Blackstone, where most recently he served as a Senior Managing Director in its Private Equity Group, based in…
H2O.ai, the AI cloud platform, has announced that it has closed $100 million in Series E funding led by Australia-based bank, customer Commonwealth Bank of Australia (CBA). H2O.ai has now raised over $250 million and is valued at $1.7 billion. Pivot Investment Partners joins prior investors Goldman Sachs Asset Management and Crane Venture Partners. Existing…
Mindteck (India) Limited, the global engineering and technology solutions company, announced the appointment of Keyuri Singh to its Board of Directors. A seasoned professional, Singh has four decades of multi-disciplinary experience in consulting, finance and accounting, and human resources. She is currently a Senior Associate with Great Place to Work, an independent research and consulting…
Integrated pooling and supply chain solutions company Leap India has announced that the company has secured Rs 104 Cr in debt from CDC Group. A company statement said, “With a two-fold mission to connect the grain supply chain from farm to business, and to transform itself into a robust agri-silos and logistics platform, Leap India…
Investment advisory platform Stratzy has announced that it has secured $800,000 in its pre-seed financing round. The latest round saw participation from Leo Capital, First Cheque and Titan Capital. Speaking on the announcement, Mohit Bhandari, Co-founder and CEO, Stratzy, commented, “While the ultra-rich have a plethora of financial products at their disposal, the regular investor…
The Coca-Cola Company has named WPP as Global Marketing Network Partner to play a key role in executing a new marketing model that is built to drive long-term growth for the entire company’s portfolio of brands across more than 200 countries and territories, according to a statement. “Consumers respond to an entire experience – they…
V-Mart Retail Limited announced the appointment of Aakash Moondhra, Global CFO of PayU, as Chairman of the company. “The Company also announced a strategic change in its leadership structure, further improving the corporate governance framework with the role of Chairman and Managing Director now being split, with Mr. Aakash Moondhra (Independent Director) being designated as…
Wipro Limited, a global information technology, consulting and business process services company, is partnering with DriveNets, a cloud-native networking software and network disaggregation solutions platform, to transform how communication service providers (CSPs) build next-generation networks, according to a statement. The statement added, “Combining DriveNets’ disaggregation solutions with Wipro FullStride Cloud Services’ expertise in consulting, ecosystem…
Venu Srinivasan, Chairman, TVS Motor Company, was today presented the prestigious Padma Bhushan Award by the Honorable President of India, Shri Ram Nath Kovind, at the Rashtrapati Bhavan. Srinivasan was presented the country’s third-highest civilian award to honour his contribution to the field of trade and industry. He is known to be passionate about his commitment to…
WOO Network has announced the completion of its $30M Series A with backing from Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, and Crypto.com Capital. The round saw investors across core pillars in the industry: trading institutions, exchanges, venture funds, and research firms such as AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart,…
Ittiam Systems has announced that Dolby Laboratories has made a strategic capital investment in the company. The investment will facilitate co-creation of new technologies and products for the rapidly growing online media workflows around content creation, delivery and consumption, according to a statement. “This is a momentous occasion in the journey of Ittiam Systems, and…
Softdel, an IoT solutions provider for smart buildings, has inked a strategic partnership with Software AG, a provider of Enterprise Integration & IoT Platforms. Sachin Deshmukh, Managing Director, Softdel commented, “We see tremendous value from our partnership with Software AG to drive our vision of connecting devices, enterprises, and people. Our EdificeEdge platform integrates perfectly…
Fountain, an all-in-one applicant tracking system, has announced $85 million in Series C financing, led by SoftBank Vision Fund 2* with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital. With the Series C, Fountain has now raised $119 million…
TritonExec, a global executive search firm specialising in fintech and professional services, announced that Francis Padamadan as partner and global head of executive RPO. Based in India, Francis comes to TritonExec with nearly two decades of experience in recruitment process outsourcing (RPO). His core specialties are people, operations, process improvement, talent solutions, and RPO, the statement…
Wipro Limited, a global information technology, consulting and business process services company announced that it was named Salesforce.org’s Consulting Partner of the Year in the Asia Pacific region for Higher Education. Wipro earned this recognition based on its excellence serving higher-education customers, innovating on the Salesforce platform, and giving back to the community, the statement…