Category: News

Barclays appoints Angela Liu as CEO of China

Barclays has announced the appointment of Angela Liu as Country CEO, China, to strengthen its existing cross-border Corporate and Investment Bank (CIB) platform in China. Ms. Liu will be reporting to Jaideep Khanna, Head of Barclays, Asia Pacific. Barclays is currently present in key Asia Pacific markets including China/Hong Kong SAR, India, Japan, Singapore and…

Route Mobile subsidiary acquires 49% stake in Kuwait-based Interteleco

Routesms Solutions FZE, UAE, a wholly-owned subsidiary of Route Mobile Limited, announced that it has signed a SPA for the acquisition of 49% stake of the total outstanding equity share capital of Interteleco along with additional 41% of economic & beneficial interest (including profits, dividends, voting and distributions) of Interteleco. Interteleco is engaged in the…

Hubilo announces US$125 million investment

Hubilo, a global virtual events platform, has announced that in a funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital, it has raised $125 million in Series B funding. This brings the company’s total funding to US$153 million to date in 18 months. The Series B funding will further enhance…

Johnson & Johnson names Jessica Moore as VP, Investor Relations

Johnson & Johnson has roped in Jessica Moore as Vice President of Investor Relations, effective November 1, 2021. She will report to Joseph Wolk, Executive Vice President and Chief Financial Officer of the Company. With 20 years of experience across Sales Operations, Corporate and Regional positions, Moore was most recently served as the Vice President and Chief…

Arcserve appoints Brannon Lacey as CEO

Arcserve, a global company that provides data and ransomware protection, announced the appointment of Brannon Lacey as its CEO, effective immediately. Dave Hansen, who served as interim CEO, will remain chairman of the Board at Arcserve. A twenty-year veteran of the technology industry, Lacey brings extensive experience and success in building high-performance global software, cloud,…

Centrum and BharatPe get RBI nod to create Small Finance Bank

The Reserve Bank of India (RBI) has issued a Small Finance Bank (SFB) license to the consortium of Centrum Financial Services Limited (Centrum), the established and profitable small business lending arm of the Centrum Group and Resilient Innovations Private Limited (BharatPe), one of India’s fastest-growing fintech companies. A new bank license has been issued after…

GoodWorker scales-up tech workforce

Backed by the Lemmatree Group, noted actor Sonu Sood, and Schoolnet; GoodWorker has launched a nation-wide coding challenge to identify the best talent for multiple positions for software engineers in the company, according to a statement. The statement said, “The coding challenge will include two rounds. In the preliminary round, the candidate’s basic coding skills…

SuperQ signs MoU with IIT-Kharagpur to collaborate on superconductor research

SuperQ Technologies India Pvt Ltd., a subsidiary of Qpi Technology, has signed a Memorandum of Understanding (MoU) with the Cryogenic Engineering Department of IIT-Kharagpur to accelerate their research in the field of Superconductors. Founder and CEO, Dr. Nagendra Nagaraja said, “At SuperQ, we believe there is an immense potential and applications of high temperature superconductors…

Plume raises $300 million to upend communications services with AI

Plume, the personalized communications services pioneer, has announced that it has closed $300 million in a new round of minority equity investment led by SoftBank Vision Fund 2. This round brings the company’s valuation to $2.6 billion, with $697 million raised to date. The announcement said, “The investment will continue to drive research and development,…

Sony Music Publishing Promotes Moses Martiny to SVP, Global Digital Commercial Strategy

Sony Music Publishing has announced the promotion of Moses Martiny to Senior Vice President, Global Digital Commercial Strategy. In this position, Moses will further develop and coordinate SMP’s commercial strategies across its global digital business, as well as lead negotiations with key global DSP and online platform partners. In addition, he will liaise with the…

Citrix announces leadership transition

Citrix Systems, Inc. has announced that Bob Calderoni, Chair of the Citrix Board of Directors, has been named interim Chief Executive Officer and President, effective immediately. Mr. Calderoni succeeds David J. Henshall, who has stepped down as President and CEO and as a member of the Company’s Board. “I would like to thank David for…

League11.in, a fantasy gaming platform, raises venture debt financing

Fanmade11 Fantasy Sports Private Limited League11.in, an online platform offering fantasy gaming for cricket, basketball and football, has raised its maiden funding round from KapTable and AngelBay in the form of a venture debt Transaction. Mayank Singh, the CEO & Founder of League11 stated, “We are ecstatic that KapTable and AngelBay have placed their faith…

Avalara Appoints Alex Baulf as Senior Director, Global Indirect Tax

Avalara, Inc., a provider of tax compliance automation software for businesses of all sizes, has announced the appointment of Alex Baulf as Senior Director, Global Indirect Tax. Baulf will lead engagement with policy leaders to develop a tax and compliance environment that will streamline and accelerate commerce for the overall growth of the economy, and…

M2P Fintech raises $35 mn Series C round from Tiger Global Management

API infrastructure company M2P Fintech announced that it has secured $35 million in Series C round led by Tiger Global Management. Existing investors BEENEXT, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital, and the DMI Group via its investment vehicle Sparkle Fund participated in the round. M2P intends to use the fresh funds to enhance…

IPM India appoints Jasneet Kaur as Director, People & Culture

IPM India Wholesale Trading Private Limited (IPM India) announced the appointment of Jasneet Kaur as Director, People and Culture, effective September 20, 2021. She will report into Alexander Reisch, MD, IPM India. With her joining, the senior management team for IPM India is now a strengthened, entirely local, Indian industry leadership, the company said in…