Category: News

Smallcase secures $40M in Series C led by Faering Capital

Stock investment startup Smallcase has announced that it has raised $40 million in Faering Capital Series C round. Faering’s Managing Director and Co-founder – Sameer Shroff will be joining the company’s board. The round saw participation from Premji Invest and Amazon Smbhav Venture Fund (ASFV), along with existing investors DSP Group, Sequoia Capital India, Beenxt,…

Postman raises $225 million Series D round at $5.6 billion valuation

API platform Postman has said that it has raised $225 million in Insight Partners led Series D funding round. The round saw participation from Coatue, BOND and Battery Ventures as well as existing investors Nexus Venture Partners and CRV. Product Leader of DoorDash – Gokul Rajaram and Girish Mathrubootham, Freshworks Founder also participated in the…

ASSA ABLOY acquires Omni-ID in the US

ASSA ABLOY has acquired Omni-ID, a manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring and alerting applications, based in the US. “I am very pleased to welcome Omni-ID into the ASSA ABLOY Group. Omni-ID is a strategic technological addition to the ASSA ABLOY Group and reinforces our…

JK Tech signs Strategic Partnership with Mendix

JK Tech, the global IT solutions company, has announced that it has entered a strategic partnership with Mendix, a Siemens business and a low-code application development platform for enterprises, to become a Global System Integrator. The strategic partnership will focus on two main areas: helping enterprises to modernize systems and rid their legacy technology, as…

JJELLYFISH acquires The Clean Sell

JJELLYFISH, a tech-enabled services platform in go-to-market execution for startups and Fortune 500 new ventures, has announced the acquisition of The Clean Sell. Founded by Dominick Cappuccilli in 2015, TCS is a NYC-based consulting firm specializing in early-stage sales and commercialization. “We continue to execute against our mission of increasing the odds of commercial success…

HH Global acquires Adare International

HH Global has announced the completion of the acquisition of Adare International (including Purple Agency), from the private equity firm Endless LLP, following the signing of an agreement on Monday 21 June 2021. The combined business will generate approximately $2.1bn in annual sales. According to a statement, “This deal will create a combined global business…

Wipro to Announce Wipro AWS Launch Pad Co-Innovation Center

Wipro Limited, a global-information technology, consulting, and business-process services company, has unveiled the Wipro AWS Launch Pad coinnovation center in São Paulo. Designed to accelerate innovation, Wipro AWS Launch Pad is ideal for customers looking to turbocharge their success. The center empowers Wipro Brazil in the development and showcasing of tailored offerings on Amazon Web…

Sachin Bhalla elevated to VP & Country GM – India & SAARC at Schneider Electric

Schneider Electric has elevated Sachin Bhalla as the Vice President and Country General Manager for India and SAARC in the Secure Power division of Schneider Electric’s Energy Management Business. He will succeed Venkatraman Swaminathan, who will now head operations in East Asia and Japan as the new BVP, Secure Power in Schneider Electric Singapore. Bhalla comes with over 19 years of…

BLS International appoints Ram Sharan Prasad Sinha to its Board

BLS International Services Limited, a tech-enabled speciality service provider for governments and diplomatic missions worldwide, has appointed Ram Sharan Prasad Sinha as an Additional Director, effective from 17th August, 2021. According to the Company’s exchange filing, “This is to inform you that the Board of Directors (“Board”) of the Company has passed the Resolution by…

Vikram GR appointed CISO at Wipro Enterprises

Former Diageo India CISO, Vikram GR, has joined Wipro Enterprises. Wipro Enterprises’ portfolio has Wipro Consumer Care and Lighting and Wipro Infrastructure Engineering (WIN). In his new role at Wipro Enterprises, Vikram GR will be focusing on IT compliance besides Information Security Management. He will be responsible for designing and executing the company’s information security strategy for the…

Sachin Sama appointed Client Partner – Consumer at Marlin Hawk

Marlin Hawk—a global executive search and leadership advisory partner—announced the appointment of Sachin Sama as the new Client Partner for Consumer and Retail in the Americas region. With over a decade of experience, Sachin’s cross-industry knowledge and approach fits perfectly into the model that has set Marlin Hawk apart. He also has a deep  commitment to ensuring…

Kia America names Eric Watson as VP of Sales Operations

Kia America announced the appointment of Eric Watson as vice president, sales operations. In this new role, Watson will oversee Kia’s regional and corporate sales operations in the United States and will report to Sean Yoon, the president and CEO of Kia North America and Kia America. Watson joined Kia in December 2017 as Director of Field Operations and was named acting vice president…

Yes Bank Company Secretary Girish V Koliyote resigns

Yes Bank announced that Girish V. Koliyote has resigned from the role of Company Secretary & Compliance Officer, effective from 08 October, 2021. According to the bank’s exchange filing, “This is to inform you that Girish V. Koliyote, Company Secretary and Compliance Officer of the Bank, has informed the Bank that he would like to…

SVP Global Ventures announces expansion plans, invests $ 150mn in Oman

SVP Global Ventures Ltd, India’s largest compact cotton yarn manufacturer has announced commercial operations for its mega textile plant in Oman. The Group has invested USD 150 million in setting up 1.5 lakh spindles and 3,500 rotors facility at Sohar Free Trade Zone in Oman. Established in 1898, by Vallabh Pittie, SVP Group is primarily…