Category: News

Hinduja Global Solutions drives employment across Northern Ireland

Hinduja Global Solutions (HGS) recently announced plans to create over 560 jobs across Northern Ireland. Offering a number of diverse roles across customer service, management, and support, employees will be able to take advantage of HGS’s innovative and flexible Work@Home model, the company said in its statement. With over 400 positions having been recruited and…

Ola Cars draws up growth plans, to hire 10,000 people

Ola, India’s mobility platform, has planning to hire 10,000 new people, as it eyes a market leadership position with $2 Billion GMV for its vehicle commerce platform Ola Cars over the next 12 months. Ola Cars has already sold 5,000 pre-owned cars in its first full month of operation, the company said in a statement.…

Riiid and BasicFirst Learning Sign Partnership for Delivery of Learning Solutions in India

Riiid, the AI for education (AIEd) solution company, and BasicFirst Learning, a personalized e-learning platform based in India, has signed a partnership agreement to deliver AI-driven education. By integrating Riiid’s AI solutions into BasicFirst Learning’s online tutoring platform, the partnership will offer a new level of personalized learning experiences for students in the region. Riiid…

Carlyle and Pemberton provide debt financing for H.I.G. Capital’s acquisition of Acqua & Sapone

Global investment firm Carlyle has announced that its Global Credit platform has provided the debt financing package, alongside Pemberton Asset Management, to support the acquisition of Cesar di Barbarossa Enio e F.lli S.r.l., Gruppo SDA S.r.l. Servizi Distribuzione Associati and VDM by an affiliate of H.I.G. Capital, LLC. The Companies operate under the Acqua &…

Kerala’s homegrown Edu app ‘HomeSkul’ eyes pan India reach

Kerala-based EduTech startup HomeSkul, a venture of Zillion Nerves Innovative Technology, has launched its first home-grown after school e-learning app which provides Artificial Intelligence (AI) and Augmented Reality (AR) powered personalized learning experience for students. Commenting on the app launch, founder and CEO of HomeSkul, Jaganathan Ram said, “Innovation in quality content, pedagogical approach and…

Gopal Kothari appointed CFO at Pioneer Distilleries, J Swaminathan named Company Secretary

Pioneer Distilleries, a subsidiary of United Spirits Limited, announced the appointment of Gopal Kothari as Chief Financial Officer, effective Oct 22, 2021. He succeeds Sanjoy Sarkar, who resigned from the role, with effect from Oct 22, 2021. Also, the company appointed J. Swaminathan as Company Secretary. Gopal Kothari is a qualified Chartered Accountant (ICAI) and…

Metropolis Healthcare completes acquisition of chain of labs in South India

Diagnostic service provider Metropolis Healthcare announced it has completed the acquisition of Dr. Ganesan’s Hitech Diagnostic Centre Pvt. Ltd. (Hitech) along with its subsidiary Centralab Healthcare Services Private Limited. Metropolis has acquired 100% equity of Dr. Ganesan’s Hitech Diagnostic Centre Pvt. Ltd. & its subsidiary Centralab Healthcare Services Private Limited in all cash deal for…

K. P. Mohan Raj appointed to JSW Steel Board

JSW Steel Limited announced the appointment of K. P. Mohan Raj to its Board of Directors, effective October 21, 2021. According to the Company’s exchange filing, “we hereby inform you that Mr. K. P. Mohan Raj, IAS (DIN No. 06965604) has been appointed on the Board of our company in place of Dr. V. Ram…

BD ropes in Dr. Carrie Byington to its Board Of Directors

Medical tech giant BD (Becton, Dickinson and Company) announced the appointment of Dr. Carrie L. Byington to the company’s board of directors. Byington, 58, is executive vice president and head of University of California Health (UCH), where she leads the largest academic health system in the U.S. UCH’s six academic health centers and 20 health professional schools form a…

Microsoft AI Innovate empowers startups in India to accelerate with AI

In its efforts to support the startup ecosystem in the country, Microsoft has launched a program for nurturing and scaling startups that are leveraging Artificial Intelligence (AI). Microsoft AI Innovate is a 10-week initiative that will support startups in India leveraging AI technologies, helping them scale operations, drive innovation, and build industry expertise. Both B2B…

TCS & Shell recognized with 2021 ISG Digital Case Study Award for Digital Transformation

Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, has been recognized with a 2021 ISG Digital Case Study Award, for its best-in-class digital transformation work for Shell, a global energy and petrochemical company. ISG recognized this case study as a regional stand-out in Australia and New Zealand. Shell partnered with…

Punjab National Bank appoints Kalyan Kumar as Executive Director

Punjab National Bank announced the appointment of Kalyan Kumar as the Executive Director of the bank, effective October 21, 2021. According to the Bank’s exchange filing, “The Exchange is hereby informed that Shri Kalyan Kumar has been appointed as Executive Director of the Bank under Section 9(3)(a) of the Banking Companies (Acquisition and Transfer of…

Vertex Group Appoints Farouk Khailann as Senior Executive Advisor to the Board and names Shitij Taneja as Chief Commercial Officer for Vertex Next

Vertex Group has announced the appointment of Mr. Farouk Khailann as Senior Executive Advisor to the board & Mr. Shitij Taneja as Chief Commercial Officer for Vertex Next (Middle East & Africa). Farouk Khailann is the Chief Executive Officer of Premium Africa Holdings, an Africa focused investment holding company with assets and projects in Ghana,…

Wondrlab secures $7 million in pre-series funding

India’s platform-first martech startup, Wondrlab, has raised $7 million in a round of pre-series funding. The round was led by Pi Ventures LLP, Tanas Capital, Prodapt Holdings and several independent investors including Priyamvada Balaji of Lucas Indian Service and Gopal Srinivasan of TVS Capital. The startup will utilise its newly acquired funds towards driving inorganic…

Blockedge Technologies Inc. launches its ‘Plug & Play’ Blockchain-as-a-Service (BaaS) Platform

Blockedge Technologies Inc., a subsidiary of SecureKloud Technologies Ltd. has announced the launch of its Blockchain Network Management Platform. The company said in a statement, “Blockedge provides a simplified plug-and-play BaaS platform that stands in contrast with built-from-scratch manual solutions. The Blockedge platform entails zero-coding, facilitates the generation of iterative dApps, provides multi-cloud and multi-chain…