Persistent Systems, a global Digital Engineering and Enterprise Modernization leader, has been cited as the “Most Promising Company” of the Year at the 19th edition of CNBC-TV18’s India Business Leader Awards (IBLA). This prestigious award recognizes the Company’s consistent growth that has been possible on the back of capitalizing on the opportunities in this transformative…
Healthtech startup Zyla Health has raised $4 million in its series A funding round led by Exfinity Venture Partners, according to ETtech report. The round also saw participation from Sony Innovation Fund, Venture Catalysts and Aureoulis led by Paula Mariwala. The newly raised funds will be used to accelerate growth across its three key verticals…
Power Grid Corporation of India Limited (POWERGRID) announced it has named Balanarayan K P, Chief General Manager, as Executive Director on the company’s Board, with effect from December 1, 2023. According to the company’s exchange filing, “In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR)), it is…
Tata Power (the Company), one of India’s largest integrated power companies, has won the bid to acquire Bikaner-III Neemrana-II Transmission Limited, a project special purpose vehicle (SPV) set up by PFC Consulting Limited, a subsidiary of Power Finance Corporation. The company received the letter of intent (LOI) after emerging as a successful bidder in the…
EIG, a leading institutional investor in the global energy and infrastructure sectors, announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations. Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (“Aramco”), has over 38 years of experience in energy markets and…
Indian lifestyle e-mobility startup VAAN Electric Moto Pvt Ltd. announced the appointment of Satheesh Kumar as Chief Finance Officer/ Deputy CEO starting in May 2023. Satheesh will be responsible for the financial management of the company, including leading the Accounting, Finance, Internal Audit, Investor Relations and Workplace teams. He will also lead the company’s planning processes…
Merrell, the world’s leading hike and outdoor footwear brand, has announced the appointment of Pallav Tamaskar as Chief Marketing Officer (CMO), effective November 30, 2023. As CMO, Tamaskar will be responsible for leading Merrell’s global marketing strategy, directing the creation of modern and integrated global integrated marketing campaigns, elevating full-funnel media planning, and driving cultural relevance through innovative product collaborations…
FunnL (a movingDneedle Pvt Ltd Company), a leading provider of B2B sales outsourcing and lead generation and engagement SaaS tools, announced the appointment of Shashi Vadana Reddy as Global Head of FunnL.ai. With over 25 years of experience in marketing, Reddy brings invaluable expertise to the table, having previously held enriched roles at Deloitte as Corporate Communications…
Global investment firm KKR announced a newly promoted group of 8 Partners and 33 Managing Directors, effective January 1, 2023. “For nearly five decades, KKR has been fortifying companies and delivering for our investors. As the firm has evolved, our people and our culture have remained core to our commitment to excellence. Today, we are proud…
Onedios an aggregator platform for customer care service has raised INR 6 Crores in a bridge Round led by Inflection Point Ventures and VCATs. The funds will be allocated towards onboarding retailers who will sell Branded/OEMs extended warranties instead of third party extended warranties, a statement said. OneDios is a pioneering platform revolutionizing the consumer…
Edelweiss Mutual Fund (EAMC/EMF), one of India’s fastest-growing AMCs, announced the expansion of its Alternatives team with the appointment of Priyam Kedia as Head-Alternative Credit and Vivek Sharma as Fund Manager – Alternative Equities. Commenting on the appointment, Radhika Gupta, MD & CEO, Edelweiss AMC said, “In the next phase of growth of our AMC,…
Sunicon Ventures, one of the leading early-stage India-focused venture capital firms, has led the seed funding round of INR 5 crore for Suind. The round also saw participation from Zetta Farms and other prominent angel investors. Suind is an innovative DroneTech start-up revolutionizing agriculture through AI and offering a comprehensive solution for real-time crop monitoring…
Persistent Systems, a global Digital Engineering and Enterprise Modernization leader, announced the expansion of its executive leadership team with the addition of four seasoned industry leaders. These leaders bring in unique skills to contribute to unlocking the full potential of the company’s client impact, a statement said. Ayon Banerjee joined earlier this quarter as Chief…
Zingavita, the leading health and wellness brand specialised in providing high-quality, tailor-made nutraceuticals and supplements, announced the appointment of Dheeraj Nagpal as Co-Founder. Dheeraj brings with him a wealth of experience and a deep-rooted passion for the nutrition segment. At Zingavita, Dheeraj will spearhead product innovation, brand strategy and marketing, a statement said. With over…
Mahindra Logistics Ltd. (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers, announced its acquisition of majority stake in ZipZap Logistics Private Limited, a last-mile logistics service provider operating under its brand ‘Whizzard’. The acquisition will complement MLL’s existing last mile delivery business and EDeL, its Electric Vehicle (EV) based delivery services. Expanding technology…