Scaler, a leading ed-tech start-up for upskilling students and working professionals, announced five key leadership appointments towards further strengthening its Strategic, Marketing and Creative business units to accelerate business growth. Rahul Karthikeyan joins as the Chief Marketing Officer, Arnav Gupta as Product and Strategy Lead, Anu Nair as Creative Head, Ranjeet Kumar, and Manmeet Singh Akali as…
Canara Bank has appointed S K Majumdar, General Manager of the Bank, as the new Chief Financial Officer, effective from May 31, 2021, as per the regulatory filing. He will succeed V Ramachandra. According to the bank’s statement, Majumdar aged 52 years is a Chartered Accountant and Cost Accountant with vast banking experience of more than 21…
LTI Syncordis, a global Temenos implementation partner and a subsidiary of Larsen & Toubro Infotech Ltd. (LTI) has been recognized as Service Partner of the Year by Temenos at this year’s virtual TCF Online 2021. Since its inception, LTI Syncordis has remained committed to the success of Temenos community and has evolved into a global…
Cloudera, the enterprise data cloud company, announced that it has agreed to acquire Datacoral and Cazena in two separate transactions. The additions of Datacoral and Cazena will support the evolution of Cloudera’s public cloud offering and expand Cloudera’s market opportunity as the company moves beyond big data to self-service. The two acquisitions mark an important milestone…
GIC, Singapore’s sovereign wealth fund, and The Phoenix Mills Limited (PML) have entered into a strategic partnership to establish an investment platform (the Joint Venture) for retail‐led mixed‐use assets in India. This platform will seek to develop, own, and operate retail‐led, mixed‐use developments in India, the statement said. GIC will acquire a significant minority stake…
Clover Infotech has announced that it has elevated Neelesh Kripalani as Chief Technology Officer and Prashant Parab as Chief Business Officer. Prashant has been with Clover Infotech since 2007. He is responsible for Enterprise Sales across India, encompassing Clover Infotech’s offerings in the realm of application services, infrastructure management services and niche solutions. Prior to…
Exotel has announced a fresh infusion of 45 crores from A91 Partners, Blume Ventures and a panel of angel investors. The angel investors include Binny Bansal (Co-founder of Flipkart), Vikas Choudhury (President of Reliance Jio), Deep Kalra (CEO, MakeMyTrip), Rohan Angrish (Head, ICICI Labs engineering) among others. Additionally, Anand Chandrasekaran, former Facebook and Snapdeal product leader, is joining Exotel as an advisor and…
Zee Entertainment Enterprises Ltd. (ZEE), a leading media & entertainment powerhouse, has announced the appointment of Nitin Mittal as President – Technology & Data, effective from 1st June 2021. Nitin will be responsible for leading the technology and data teams. He will lead strategic initiatives in Tech, Data, Artificial Intelligence (AI) & Machine Learning (ML)…
OwnBackup, a cloud to cloud data protection provider, has announced the acquisition of Nimmetry, based in Santa Clara, CA, with a presence in Hyderabad, India. Nimmetry provides a unified platform for integration of big and small SaaS-based data using a microservices architecture. “This acquisition accelerates OwnBackup’s multi-cloud strategy. The entrance into the Indian market and…
CNSI, a business solutions provider in developing and delivering healthcare management solutions, has announced that Shilpa Bidathanapalli has joined CNSI. Bidathanapalli will serve as Vice President, Human Resources for CNSI’s operations in Chennai, India. In partnership with the team in the United States, her team is responsible for connecting employees to the company’s mission, envisioning…
Good Health Clinic, a digital health clinic, has raised a total of $5.2 million dollars from Khosla Ventures, Quiet Capital, W Health Ventures, Weekend Fund among other angels. This fundraise allows them to invest in new categories, build out a team and continue to build out their infrastructure to serve a rapidly growing user base,…
Cyril Amarchand Mangaldas (CAM) has announced joining of three former senior regulators, Lily Vadera, Former Executive Director, Reserve Bank of India (RBI), P. K. Nagpal, Former Executive Director, Securities and Exchange Board of India (SEBI) and Nilesh Sathe, Former Whole Time Member of the Insurance Regulatory and Development Authority of India (IRDAI) as Senior Advisors.…
Wipro Limited, a global information technology, consulting and business process services company, and Finastra, a pure-play software vendor that serves the financial services industry, have announced a partnership to help corporate banks across Asia-Pacific accelerate their digital transformation. The companies will create a unique offering that combines Wipro’s comprehensive services catalogue with Finastra’s front-to-back trade…
Financial services platform BharatPe has announced that Amit Jain has been appointed as Chief Risk Officer. In this role, he will work along with Group President Suhail Sameer and Co-Founder and CEO of BharatPe – Ashneer Grover. “Jain has over 17 years of experience in portfolio and credit risk management across consumer and SME lending…
ElectroNeek, a robotic process automation (RPA) platform for managed service providers (MSPs) and IT teams, has announced that it raised $20 million in a Series A funding round led by Baring Vostok with participation of AICPA and existing investors – YellowRockets.vc, Dragon Capital, I2BF, Angelsdeck, Gokul Rajaram and others. Following the new funding influx, ElectroNeek’s…