Category: News

Climate tech startup Sprih raises $3 mn funding led by Leo Capital

Carbon emission management platform Sprih has raised $3 million in a funding round led by early-stage venture capital firm Leo Capital, according to ETtech report. The company said that the funds will be used for expanding globally on the sales front, acquiring talent for developing artificial intelligence (AI) models focusing on climate issues and expanding…

NetApp appoints Alessandra Yockelson as CHRO

NetApp, the intelligent data infrastructure company, announced Alessandra Yockelson has joined the company as Chief Human Resources Officer, reporting to CEO, George Kurian. Alessandra will lead all aspects of people and organizational strategy, including talent development and growth, performance management, team engagement, recruiting, DEIB, and compensation and benefits. Alessandra joins NetApp from Pure Storage, where…

Stathera appoints Dr. Sehat Sutardja to its Board

Stathera Inc., a provider of MEMS (Micro-electromechanical Systems) timing solutions, announced the appointment of Dr. Sehat Sutardja to its Board of Directors, effective immediately. Dr. Sutardja is the co-founder and former-CEO of Marvell Technology. Under his stewardship, Marvell achieved remarkable profitability, marked by its successful IPO in 2000. Dr. Sutardja’s transformative leadership catapulted Marvell into…

Accenture announces acquisition of Arηs Group

Accenture has agreed to acquire Arηs (pronounced Aris) Group, a technology services provider focused on supporting public sector transformation across Europe. The acquisition will further enhance Accenture’s public service offering, drawing on a wide range of innovative solutions to help clients take advantage of a full continuum of technology expertise and accelerate their digital transformation,…

Lupin appoints Christoph Funke as Chief Technical Operations Officer

Global pharma major Lupin Limited (Lupin) announced the appointment of Christoph Funke to the newly-created position of Chief Technical Operations Officer. With over 30 years of global pharmaceutical manufacturing, supply chain, and technical operations experience, Christoph brings a wealth of expertise to Lupin. He will be based in Mumbai and will oversee Lupin’s Technical Operations…

P&G Hygiene and Health Care appoints Kumar Venkatasubramanian as MD

FMCG products maker P&G Hygiene & Health Care Ltd., a subsidiary of Procter & Gamble, announced the appointment of Kumar Venkatasubramanian as Managing Director, with effect from May 1, 2024. According to the company’s exchange filing, “The Board of Directors of the Company, at its meeting held today, pursuant to the recommendation of the Nomination & Remuneration…

Rashmi Govil takes over as Director (HR), Indian Oil

Rashmi Govil has taken charge as Director (Human Resources) at Indian Oil Corporation Limited (IndianOil), according to PTI report. “She joined IndianOil in 1994 and brings with her nearly three decades of rich experience in various facets of the human resources function,” the company said in a statement. Govil is a seasoned professional with an…

Andreessen Horowitz invests in creator-focused social platform Plutus

Creator-focused social platform Plutus has secured an undisclosed investment from the Silicon Valley-based venture capital firm, Andreessen Horowitz (a16z) in its seed round, according to ETtech report. This marks a16z’s second investment in India, following its bet on cryptocurrency trading startup Coinswitch Kuber in October 2021. Founded in June 2021 by Karata Dasmahapatra, Shivanshu Tyagi…

Country Builders Bank, Inc. partners with India’s fintech firm Kiya.ai

Country Builders Bank, Inc. (CBB), a prominent rural bank in the Philippines, serving a diverse clientele across Metro Manila, Cavite, Laguna, Rizal, and Bulacan areas, announces its strategic collaboration with Kiya.ai, a leading fintech firm based in India, to advance its banking infrastructure. Recognizing the imperative for digital transformation and operational efficiency, CBB has partnered with Kiya.ai for a…

Cipla appoints Venkata Sai Mungara as Global Head – Supply Chain

Pharma company Cipla Limited announced the appointment of Venkata Sai Mungara as Global Head – Supply Chain of the company, with effect from April 1, 2024. Venkata Sai Mungara is an accomplished leader with over two and half decades of rich experience in the supply chain domain out of which over 10 years of his…

ZEE’s MD & CEO streamlines the Company’s Technology and Data vertical

ZEE Entertainment Enterprises Ltd. (ZEE), announced the strategic changes in the Technology and Data vertical, implemented by its MD & CEO, Punit Goenka, under the guidance of the Company’s Board. The MD & CEO has accepted the resignation of Nitin Mittal. Amrit Thomas, responsible for Data Science, Kishore Krishnamurthy, responsible for Engineering, Bhushan Kolleri, responsible…

Ramco Systems appoints Dr. M S Krishnan and Dr. Aravind Srinivasan to its Board

Leading global payroll technology provider, Ramco Systems Limited, announced the appointment of Dr. M S Krishnan and Dr. Aravind Srinivasan as Non-Executive Independent Directors on the company’s Board, with effect from February 7, 2024. According to the company’s exchange filing, “The Postal Ballot process for approving the appointment of Directors was concluded on March 14,…

Jaideep Hansraj appointed as Group President – One Kotak

Kotak Mahindra Bank Ltd. announced the appointment of Jaideep Hansraj as Group President – One Kotak.  This marks a pivotal move towards leveraging the Group’s financial conglomerate model and delivering holistic propositions to customers. Jaideep will spearhead a cultural shift towards driving collaboration to unlock internal synergies across the Bank and its subsidiaries.  Shripal Shah, currently President and COO…

Novartis expands its biopharmaceutical manufacturing site in Singapore

Novartis announced it broke ground for the expansion of its biopharmaceutical manufacturing plant in Singapore. The US$256 million investment will facilitate Novartis in deploying digital and automation solutions to enhance manufacturing productivity, improve operational efficiency, and upskill the workforce. The expanded site will focus on manufacturing therapeutic antibody drugs to deliver breakthrough treatments to patients globally, a statement…

ICICI Bank appoints Ajay Kumar Gupta as Executive Director

ICICI Bank Limited announced the appointment of Ajay Kumar Gupta as Executive Director on the company’s Board, with effect from March 15, 2024. According to the Bank’s exchange filing, “We wish to inform you that RBI has communicated its approval for the appointment of Mr. Ajay Kumar Gupta as whole-time Director (Executive Director) of the…