Daimler India Commercial Vehicles (DICV), the manufacturer of BharatBenz Trucks and Buses, announced Anshum Jain as the new Chief Operating Officer (COO) of DICV, effective 2nd August 2021. Satyakam Arya, Managing Director, and CEO, Daimler India Commercial Vehicles said, “Anshum is an ideal choice for the role of COO at DICV as he brings strong global experience…
Genesis Global Capital, LLC has announced support for USD Coin (USDC) and ALGO on Algorand. Genesis will be able to seamlessly deploy its USDC and ALGO holdings across Algorand’s decentralized finance (DeFi) ecosystem by offering borrowing, lending and use of these assets as collateral, according to the announcement. The announcement informed, “Algorand’s unique pure-proof-of-stake (PPoS)…
ePropelled has announced the appointment of Peter Needham as Director of Sales – EV Propulsion. The Massachusetts-based technology company that offers electromagnetic propulsion systems will charge Needham with the development and execution of the strategic sales plan for EV propulsion systems and all associated business development. Needham is a senior manager with over 20 years’…
Udacity, the online learning and talent transformation platform, has partnered with Temasek Polytechnic (TP), an institution of higher education in Singapore, to offer joint Nanodegree programs to Singapore citizens and residents. Supported by SkillsFuture Singapore, the knowITgetIT program offers cutting-edge technology coursework aimed to advance Singaporeans’ practical skills across a variety of disciplines, including artificial…
Global marketing operations consulting and services firm ICP has announced the appointment of Vikki Mickel as Chief Financial & Operating Officer and Michael Weeman as VP Digital Commerce & Innovation to the leadership team. Vikki Mickel brings 25 years of experience working for major agency networks including WPP and Ogilvy Health where she held global…
Healthium Medtech has announced the successful acquisition of the AbGel gelatin sponge business from Mumbai-based SGK Labs, adding to its product portfolio focused on surgical and post-surgical care. Viral Parekh, Managing Director – SGK Labs said, “AbGel has been the leading and most trusted brand of haemostatic sponges. I am delighted that our product and…
Bridgestone Americas (Bridgestone) and Sumeru Equity Partners, Danlaw, Inc. and other shareholders have reached an agreement for Bridgestone to purchase Azuga Holdings, Inc. (Azuga) and the Azuga fleet management platform for $391 million. The transaction has been approved by each company’s board of directors and is expected to close by the end of the third…
Technology Innovation Institute (TII), the applied research pillar of the Advanced Technology Research Council (ATRC), the overarching advanced technology body in Abu Dhabi responsible for driving research and development for transformative technology outcomes, has announced the appointment of technologist and entrepreneur Dr Ray O. Johnson as Chief Executive Officer. Dr Johnson will work on shaping…
B2B manufacturing marketplace Fashinza said it has raised $20 million in funding from investors, including Accel Partners, Elevation Capital and actress Sonam Kapoor Ahuja, according to PTI report. The series A round, a mix of equity and debt, also saw participation from Abu Dhabi’s DisruptAD, Stride Ventures, Alteria Capital, Tradecred and Anand S Ahuja (MD,…
Travel app ixigo (Le Travenues Technology Limited) announced the appointment of 6 independent members to its board of directors. The new independent members of the board are Arun Seth, ex Chairman & Trustee NASSCOM Foundation; Mahendra Pratap Mall, ex-Chairman & Managing Director IRCTC (Indian Railway Catering and Tourism Corporation Limited); Shubha Rao Mayya, ex VP…
Sahaj Software, an artisanal software engineering firm crafting purpose-built AI and data-led solutions, announced the appointment of Yogi Kulkarni as Chief Technology Officer. Most recently, Kulkarni served Navi as Vice President – Engineering. In his new role, Kulkarni will be focusing on emerging technology and on deepening Sahaj’s expertise to fortify impact for customers, according to a statement.…
Luminous Power Technologies has announced the elevation of Ruchika Gupta as the chief marketing officer. Most recently, she served as Assistant Vice President, Marketing Communications. In her new role, she will lead the marketing function and will also report to Vipul Sabharwal, managing director, Luminous Power Technologies. Gupta will cover aspects like overseeing brand management, digital consumer experience, and development of…
Panasonic Corporation, one of the leading electronic companies, announced it has elevated its India business CEO Manish Sharma to the position of chairman, according to ET Bureau report. In his new role, Sharma will now assume responsibility of leading the various Panasonic businesses and subsidiaries in India such as operational excellence, appliances company and lifestyle updates business division, a…
Accenture has acquired LEXTA, a consulting firm specialized in IT benchmarking and IT sourcing advisory. Terms of the transaction were not disclosed. Headquartered in Berlin with additional offices in Düsseldorf, London, and Zurich, LEXTA’s team of more than 60 professionals joins Accenture’s Technology Strategy & Advisory group, the statement said. LEXTA brings a proven track…
Birlasoft Ltd, part of the USD 2.4 billion diversified CK Birla Group, announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a global technology research and advisory firm. Birlasoft was among the leading providers in the Booming 15 category globally, as well as for the Americas region based on…