Homegrown artificial intelligence-driven fulfilment automation startup GreyOrange said it has raised $135 million in a round led by Anthelion Capital, formerly Cowen Sustainable Investments, according to ETtech report. Existing investors Blume Ventures, Peter Thiel’s Mithril Captial and Flipkart founder Binny Bansal’s Three State Ventures also participated in the funding round. “GreyOrange will deploy the growth…
Category: News
Kotak Mahindra Bank appoints Ketan Darji as VP – HR
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•Kotak Mahindra Bank has appointed Ketan Darji as Vice President – Human Resources and Lead – Talent Acquisition, Corporate Functions, according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Vice President HR (Lead Talent Acquisition Corporate Functions) at Kotak Mahindra Bank,” Darji shared in a LinkedIn post. Darji comes…
Airtel Business enters into strategic partnership with IntelliSmart
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•Bharti Airtel (Airtel), one of India’s leading telecommunications service providers, announced that it has formed a strategic partnership to power up to 20 million smart meters with IntelliSmart Infrastructure Private Limited, a leading smart metering and digital solutions provider. This partnership also marks Airtel’s foray into high end applications such as Advance metering infrastructure and…
UNIVO Education appoints Abhik Bhattacharyya as CHRO
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•UNIVO Education, India’s leading online higher education company, strengthens its leadership team with the appointment of Abhik Bhattacharyya as its Chief Human Resources Officer (CHRO). In his new role, Abhik will lead the HR strategy, talent management and culture transformation at UNIVO. His extensive experience spans large-scale change management, mergers and acquisitions, employee value proposition, analytics and…
Accenture to acquire Jixie’s intelligent digital marketing platform and business in Indonesia
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•Accenture has agreed to acquire the business of media and marketing technology company, Jixie. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture to strengthen its marketing transformation capabilities and resources through Accenture Song—the firm’s tech-powered creative group—helping Indonesian clients deliver more personalized experiences to enhance customer engagement for sustainable business growth. Headquartered in…
Siemens Finance Head of Mobility Business Alka Garg resigns
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•Siemens Limited announced the resignation of Alka Garg as Finance Head of Mobility Business, with effect from December 21, 2023. According to the company’s exchange filing, “Ms. Alka Garg has ceased to be the Finance Head of the Company’s Mobility Business, with effect from 21st December 2023.” Dr. Daniel Spindler, Executive Director and Chief Financial…
Everise announces successful closure of investment by Warburg Pincus
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•Everise, a global healthcare services outsourcing company, announced the successful completion of the company’s previously announced investment from Warburg Pincus. Warburg Pincus joins existing investor Brookfield, valuing the company at around $1 billion, after less than seven years of operation. Against the backdrop of a globally ageing population and rising healthcare expenditure, the need to redefine traditional customer…
Kotak Mahindra Bank appoints Eli Leenaars as Additional and Independent Director on its Board
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•Kotak Mahindra Bank Limited announced the appointment of Eli Leenaars as an Additional and Independent Director on the Bank’s Board, for a period of four years, effective January 1, 2024. Eli Leenaars is a successful leader with over 35 years of extensive experience in the financial services sector, including institutional & investment banking, asset management,…
Ambuja Cements appoints Manoj Kumar Sharma as CHRO
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•Ambuja Cements has appointed Manoj Kumar Sharma as its Chief Human Resources Officer (CHRO). “I’m happy to share that I’m starting a new position as Chief Human Resources Officer at Ambuja Cements Limited,” Sharma shared in a LinkedIn post. Prior to joining Ambuja Cements, Sharma was associated with Adani Electricity Mumbai Limited (AEML) as Senior…
Biocon Ltd announces resignation of Prasad Deshpande as Head – SCM and Central Engineering
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•Biocon Limited, an innovation-led global biopharmaceuticals company, announced the resignation of Prasad Deshpande as Head – SCM and Central Engineering, with effect from January 16, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations, this is to inform you…
Hain Celestial Group appoints Amber Jefferson as Chief People Officer
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•The Hain Celestial Group, Inc. (Hain Celestial), a leading global health and wellness company, announced that it has named Amber Jefferson as its new Chief People Officer. In this role, Jefferson will oversee the company’s global human resources function and provide leadership for the culture and talent strategy to enable the Hain Reimagined transformation rolled out earlier…
Brightcove appoints new CMO and CRO, creates COO position
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•Brightcove, the world’s most trusted streaming technology company, announced two additions and a newly formed role to its executive leadership team. Kathy Klingler has been appointed Chief Marketing Officer (CMO), and Jim Norton as Chief Revenue Officer (CRO), effective January 8, 2024. Additionally, Brightcove’s current Chief Strategy and Corporate Development Officer, David Beck, is taking…
Insurance broking platform Finhaat raises $3 mn in funding from Omnivore, others
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•Insurance distribution startup Finhaat has raised $3 million in its first institutional fundraise led by agri-focused venture fund Omnivore, along with participation from early-stage venture fund Kettleborough VC, according to ETtech report. Finhaat runs an online distribution platform through which insurance products are sold to consumers in rural and semi-urban India. The Mumbai-based startup works…
Corpay Cross-Border Expands Global Presence with a New Office in India
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•Corpay, a FLEETCOR brand and global leader in business payments, announced the latest expansion of Corpay’s Cross-Border business with the opening of a new back-office support centre in Chennai, India. This move marks a significant milestone in the company’s ongoing global growth and strengthens its commitment to serving internal stakeholders, a statement said. The newly…
Philip Morris International Announces Senior Global Communications Leadership Changes
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•Philip Morris International Inc. (PMI) announced senior management changes to further accelerate its rapid transition to a substantially smoke-free company. Effective January 1, 2024, Dr. Moira Gilchrist will be promoted to Chief Communications Officer and join PMI’s Senior Management Team. Moira has had a distinguished career at PMI since joining the organization’s R&D function in…