Bentley Systems, the infrastructure engineering software company, has announced that its Seequent business unit has acquired Imago Inc, a developer of cloud-based software for the capture and management of geoscientific imagery. The acquisition will expand Seequent’s technology solutions portfolio while boosting cloud capabilities to help geoscientists and engineers solve earth, environment, and energy challenges, according…
Martin Murray has resigned as Chief Technology Officer of Mahindra Electric Mobility Limited (MEML), according to ETAuto report. Murray was responsible for product and project engineering, mobility solutions, and programme management at Mahindra Electric. His last working day was July 31, 2021. This comes soon after Mahesh Babu’s resignation in July as CEO and MD of the company…
Syngene International, an integrated research, development, and manufacturing services company, has appointed two senior leaders, Alex Del Priore and Dr. Alan Collis, with effect from 26th July 2021. Alex Del Priore has been appointed as the Senior Vice President, Manufacturing Services. Alan Collis joins as the Vice President, Integrated Drug Discovery services. They will both…
StockGro, a social investment platform based in Bengaluru, has announced that it has raised $5 million in the Roots Ventures and Velo Partners led pre-Series A funding round. The platform said that it will utilize the funds raised to increase the user base, onboard tech talent, and to develop new features. Speaking on the announcement, Ajay Lakhotia, Founder, StockGro, commented, “Our…
Hello Sunshine, the mission-driven media company that puts women at the center of every story it creates, founded by Reese Witherspoon in 2016, today announced a definitive agreement for a majority investment from a newly formed company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, a…
South Korean food & beverage company Orion said it has invested Rs 200 crore to set up a manufacturing facility at Bhiwadi in Rajasthan and plans to hire 1,000 people in India in the next two years to expand its business, according to PTI report. The plant spread over 17,385-square-meter will produce the ‘original Choco-Pie’ beside its ‘soon to be…
DYNINNO Group, a US-based international group of companies, operating in the Travel, Fintech, and Entertainment industries, has introduced six core company values to develop a unified, well-balanced, and one-purpose-oriented working environment for its 3500 employees and agents across 14 global offices. The company states that it believes that while corporate culture is an essential driving force for staff recruitment, retention, and…
BharatPe, India’s leading financial services company for merchants, announced that it has raised US$ 370 mn in Series E equity round, at a post-money valuation of US$ 2.85 bn. The primary component of the round is US$ 350 Mn and secondary component of US$ 20 Mn. All employees holding vested ESOPs have been given full liquidity in the secondary. The round,…
IIFL Wealth Management Limited (IIFL Wealth) announced it has appointed Rohit Bhase as Company Secretary & Compliance office of the Company, with effect from Aug 04, 2021. Also, the company announced the resignation of Amit Bhandari as the Company Secretary & Compliance Officer of the Company. Rohit Bhase, is a qualified member of the Institute…
Aartas launched Clinishare, a medical co‐working tech start‐up built on unique principle of shared economy, offering doctors the space, staff and technology helping them deliver hassle free care. The startup has raised USD 5 million in the first phase funding round led by QRG Holdings, the promoter of Havells, the company said in its release.…
Arvind Thakur has joined the board of JK Tech as a non-executive director. In this role he will contribute towards company strategy and advice on sustained industry profitable growth including inorganic initiatives. Mr. Thakur was the CEO, Vice Chairman & Managing Director at NIIT Technologies Ltd (now renamed as Coforge Ltd), leading it since inception…
TRF Limited, a part of the Tata Group of Companies, announced it has appointed Prasun Banerjee as Company Secretary and Compliance Officer, effective from August 03, 2021. Also, the company appointed Avneesh Gupta as Additional (Non-Executive Non-Independent) Director of the company. Prasun Banerjee is a qualified Company Secretary and Law Graduate, having more than 10…
Bharti Airtel announced the appointment of Nisaba Godrej as an Additional Director of the Company with effect from August 04 , 2021. Nisaba Godrej is the Chairperson and Managing Director of Godrej Consumer Products Limited (GCPL). Also, the company announced the resignation of Craig Edward Ehrlich from the position of Independent Director. According to the…
Kirloskar Brothers Limited announced it has appointed Rama Kirloskar as Joint Managing Director of the company with effect from August 03, 2021 for a period of 5 years. According to the Company’s exchange filing, “the Board of Directors at its meeting held on August 03, 2021 has appointed Ms. Rama Kirloskar (DIN 07474724), as a…
India-based technology company Infra.Market has announced that it has raised $125 million in the Series D funding round from Tiger Global at $2.5 billion valuation. Founder of Infra.Market – Souvik Sengupta told to PTI, “The new fund-raise will enable Infra.Market to enhance its technological offerings, seed newer markets, and advance their initiatives such as private…