Speciality chemicals’ sourcing and manufacturing platform Scimplifi said it has secured $3.67 million in funding from institutional investors 3one4 Capital and Beenext, according to ETtech report. Angel investors with expertise in the chemical industry and business-to-business commerce also participated in the funding round. The startup said it would use the funds to expand the core…
Epigamia recently announced the elevation of Rahul Jain, Co-Founder & COO, to the role of Chief Executive Officer (CEO). Rahul brings rich experience with him and in this new role, he will steer Epigamia towards greater heights, thus, building upon the strong foundation laid by his predecessor, Rohan Mirchandani, who was earlier Co-founder & CEO, and has…
AllTrak, a healthcare Technology and logistics platform has raised INR 4.2Cr in a pre-series Around led by Inflection Point Ventures. The funds will be allocated towards team expansion, technology enhancement, and logistics operations expansion across multiple cities in India, a statement said. AllTrak, B2B HealthTech company, offers end-to-end solution to diagnostic companies. AllTrak solutions include…
Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups, announced that Geoff Paul has joined the bank as Managing Director and Head of Equity Capital. In this newly created role, Paul will be responsible for developing MUFG’s Equity Private Placements (EPP) business, allowing the bank to expand its traditional equity capital markets footprint and…
KPIT Technologies, an independent software integration partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, announced the appointment of Srinath Batni as an independent Director. Srinath Batni, a seasoned industry leader with wide-ranging leadership experiences in technology innovation, software program management and nurturing deep client relationships, will bring insights into scaling…
The Sleep Company, a direct to consumer mattress maker, said it has raised Rs 184 crore in its Series C round where existing investors like Premji Invest and Fireside Ventures doubled down on their commitment to the company, according to Moneycontrol report. As reported earlier, the company will use the funds to increase its product…
NSDL Payments Bank has appointed Vasundhra Paruelekar as the Head of Human Resources, according to ETHRWorld report. “Excited to share that I’ve joined NSDL Payments Bank as Head of Human Resources,” Paruelekar shared in a LinkedIn post. Prior to joining NSDL Payments Bank, Paruelekar was associated with IndusInd Bank as Zonal HR Partner. Previously, she…
Trident Limited, a diversified textile fabric manufacturer, announced the appointment of Manish Bhatia as Chief Financial Officer of the company, with effect from December 6, 2023. According to the company’s exchange filing, “the Board of Directors of the Company, appointed Mr. Manish Bhatia as the Chief Financial Officer & Key Managerial Personnel (CFO & KMP)…
Global technology service provider FPT announces its acquisition of an 80% stake in the French IT consulting firm AOSIS, a strategic initiative to fortify its delivery competencies, expand business opportunities, and broaden its customer base in this market. Through the investment, FPT and its tech subsidiary, FPT Software, will leverage AOSIS’s prowess in SAP, Data,…
India’s much-loved content company and storytelling platform Terribly Tiny Tales (TTT) has announced the appointment of Jitin Babu as Vice President – Operations. This strategic addition to TTT’s leadership team reflects its dedication to enhancing operational effectiveness and advancing its purpose of amplifying the power of storytelling, a statement said. A passionate problem-solver, Jitin brings…
Accenture is joining forces with Unilever, the consumer goods multinational—whose 400+ brands are used by 3.4 billion people every day—as part of a strategic initiative to leverage Unilever’s AI research and implementation of technologies that enhance productivity, drive efficiencies, and accelerate disruptive and AI-powered innovations at scale. The work will kick-off from Unilever’s global AI…
AXISCADES Technologies Ltd. (AXISCADES), a global leader in engineering solutions, announces the successful completion of its strategic acquisition of EPCOGEN Private Limited. This acquisition marks a pivotal moment for both companies, with AXISCADES acquiring EPCOGEN at INR 26.25 Crores, with an additional 3-year earnout of INR 7 Crores based on performance. The move underscores the…
ReNAgade Therapeutics, a company unlocking the limitless potential for RNA medicines, announced the appointment of Paul Perreault to its Board of Directors, effective December 5, 2023. Perreault most recently served as Chief Executive Officer of CSL and brings over 40 years of leadership experience across the biotechnology industry. “Paul is a distinguished industry executive recognized…
Rural-fintech Navadhan announced that it has raised 40 Cr (USD 5M) in its Pre-Series A round led by Prime Venture Partners. Existing investors, Varanium NexGen Fintech Fund and Gemba Capital also participated in the round. The new funds will be used to further enhance the company’s AceN tech platform and scale up the company’s distribution…
Infra.Market, India’s leading construction material company, has appointed Atul Sanghvi as the Chief Operating Officer for their Tiles, Bath Fittings & Sanitaryware division. Atul comes with an extensive and illustrious career spanning over four decades. A seasoned veteran in the construction material industry, he has demonstrated unwavering dedication, showcasing exceptional expertise with leadership skills, as…