Creative platform Picsart announced its plans to expand and actively hire in India and other parts of the world as the company is accelerating hiring by 40%. This comes after the San Francisco-based company recently raised $130 million in funding. The round led by SoftBank Vision Fund 2, valued the company at $1 billion. Alongside…
Clearway Energy, Inc. through its subsidiary Clearway Energy Operating LLC, announced it has entered into a binding agreement to sell its Thermal Business to KKR for total consideration of $1.9 billion, subject to closing adjustments. The Company’s Thermal Business, commercially known as Clearway Community Energy, consists of thermal infrastructure assets that provide steam, hot water…
Quick Heal Technologies Limited, one of the leading providers of cybersecurity and data protection solutions, announced the appointment of Navin Sharma as the Chief Financial Officer. With 17 years of experience in the software and manufacturing industry, Navin will drive the company’s financial performance and bring greater rigor to the company’s ongoing investments in next-generation…
Starwood Capital Group, a global private investment firm focused on real estate and energy investments, announced that it has hired David Matheson as managing director and head of real estate for Europe. In his new role, Matheson will be responsible for seeking and executing real estate acquisition opportunities in Europe. Matheson, who will be based in the firm’s…
MioTech announced that it has secured investments from J.P. Morgan Asset Management and HSBC Asset Management’s Financial Technology Venture Capital Fund. This is an extension to its latest series B+ funding round led by Guotai Junan International and GIC. The company’s earlier investors include ZhenFund, Horizons Ventures, TOM Group, Moody’s, and HSBC, the statement said.…
Teachmint, education infrastructure startup, has raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital. This round also saw new investors, Goodwater Capital and Epiq Capital, join the company’s cap table. Existing investors Learn Capital, CM Ventures, Lightspeed India and Better Capital continue to double down in the fifth round raised by…
Pactera EDGE, a digital solutions provider for the data-driven, intelligent enterprise, has announced the appointment of Vasudevan Sundarababu as a Senior Vice President, Head of Digital Engineering. Sundarababu, who has over 25-years of IT industry experience, most recently served as Global Head of Cloud Data Platforms for Capgemini Financial Services. He was previously Chief Technology…
Kevin Strain, President and Chief Executive Officer of Sun Life Financial Inc. has announced Ingrid Johnson will become the new President of Sun Life Asia effective October 26, 2021. Ms. Johnson will be responsible for one of Sun Life’s strategic pillars encompassing life, health and wealth management businesses in eight Asian markets – China, Hong…
Infosys, a global leader in next-generation digital services and consulting, announced that it has been selected by Posten Norge as a strategic partner to digitally transform its IT Service Management function. Through this collaboration, Infosys will establish a best-in-class IT Service Desk and adapt Posten Norge’s IT processes for new age software delivery methods, the…
Mitratech, the provider of legal and compliance software, has announced substantial growth in its Center of Excellence (COE) across India, with nearly 300% growth in the last 18 months. The rapidly expanding employee talent field is focused on software and technology and the unprecedented growth throughout Mitratech and within India, has prompted the appointment of…
Hopscotch has announced the appointment of Harish Babu as Senior Director of Engineering. Purple Quarter has spearheaded this leadership search. Speaking on the appointment, Ajay Gondhiya, CTO, Hopscotch, said, “We are glad to have Harish join the team. To broaden our technological landscape, we were looking for a capable engineering leader who can take charge…
Pariksha, India’s vernacular EdTech company, has announced that they will expand their talent pool by 50% in the coming two quarters. The start-up currently manages a workforce including 105 professionals. The company is looking towards strengthening its capabilities across marketing, sales, finance, HR and technology functions by hiring talent. Through the proposed hiring drive, Pariksha…
Arihant’s Securities Limited announced the appointment of Rajshri Choudhary as Chief Financial Officer of the company, effective October 25, 2021. According to the company’s exchange filing, “the Board of Directors of the Company at its meeting held on 25th October, 2021, has appointment Mrs. Rajshri Choudhary as Chief Financial Officer and Whole Time Key Managerial…
Admix, the In-Play monetization company that bridges the gap between gaming content and brands, has announced that it has raised USD $25 million in a Series B round to scale up its In-Play solution worldwide; and establish it as the content monetization layer for the metaverse. According to a statement, “Arriving just one year after…
Quick Heal Technologies Limited announced the resignation of Nitin Kulkarni as Chief Financial Officer of the company, effective October 26, 2021. According to the exchange filing, “we wish to inform you that Mr. Nitin Kulkarni, Chief Financial Officer of the Company, has resigned from the services of the Company on account of personal reasons. The…