Aliaxis, a world leader enabling access to water and energy through inventive fluid management solutions, appoints Arvind Chandra to the Executive Committee. As the new Divisional CEO of Aliaxis India (Ashirvad Pipes), he will report directly to Eric Olsen, Chief Executive Officer. Eric Olsen, Aliaxis CEO said, “We are excited for this next chapter of our Indian…
Category: News
Accenture to acquire Italy-based Ammagamma
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•Accenture has agreed to acquire Ammagamma, an Italy-based firm that helps companies advance their uses of AI and generative AI technologies. The transaction is part of Accenture’s investment of $3 billion to accelerate clients’ transformation through the large-scale application of AI. Ammagamma has a multidisciplinary team consisting of 90 experienced AI professionals, many specializing in…
Pune-based startup PhiCommerce raises $10 mn in funding led by Beenext
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•PhiCommerce, a SaaS-based omnichannel payment solutions provider, has raised $10 million in a new funding round, according to ETtech report. The round was led by Beenext, a Singapore-based venture capital firm that invests in India and Southeast Asia. Opus Ventures also participated in the round. The funds will be used to drive PhiCommerce’s expansion into…
Eviden and Amazon Web Services create new collaboration to accelerate creation of AI-driven, secure and sustainable industry solutions on AWS Marketplace
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•Eviden, the Atos Group business leading in digital, cloud, big data and security, today announces a new Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). Building on a 12-year history, the SCA is a joint commitment for Eviden and AWS to deliver a multi-facetted program of solutions, consultancy and innovation support to help customers quickly access…
Idun closes funding round led by SaaS investor Partinc
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•Software company Idun has developed ProptechOS, an operating system for building data, in close collaboration with key players in the real estate industry, notably with Vasakronan as a key client and investor. Idun is now entering its next phase, and today announced the closure of a round of funding led by Software-as-a-Service investor Partinc. ProptechOS…
KKR acquires Potter Global Technologies
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•KKR, a global investment firm, announced that investment funds managed by KKR have acquired Potter Global Technologies (Potter), a leading manufacturer of fire and life safety equipment, from Gryphon Investors. KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed. Headquartered in St. Louis, Missouri, Potter is…
Tribeca Developers appoints Rajat Khandelwal as CEO
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•Tribeca Developers, India’s largest branded luxury developer, has announced the appointment of Rajat Khandelwal as Group Chief Executive Officer to lead the company’s strategic initiatives and business expansion plans. Bringing a robust 19 years of professional experience, Rajat has garnered industry recognition and accolades for his strategic acumen and dynamic leadership in previous roles, marking…
Neeraj Chopra invests in OTT platform Stage
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•Regional-dialect OTT platform Stage said that Neeraj Chopra, the Olympic and world champion in men’s javelin throw, has become one of its investors, according to ETtech report. “My investment in Stage represents more than just a desire to rekindle the flames of our diverse regional dialects. We will embark on a journey together to reawaken…
Alembic Pharmaceuticals appoints Mohith Santosh Kumar as Head – Launch Strategy
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•Alembic Pharmaceuticals Limited announced the appointment of Mohith Santosh Kumar as Executive Assistant to Pranav Amin, Managing Director and Head – Launch Strategy, with effect from November 27, 2023. According to the company’s exchange filing, “we would like to inform that Mr. Mohith Santosh Kumar has joined the Company w.e.f. 27 th November, 2023, in…
Raipur-based coworking startup FirstUp raises funding of 2 crores
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•FirstUp, which is Chhattisgarh’s largest coworking space with 250+ operational seats and an occupancy of 70% plus, has just raised its seed round of Rs. 2 crores at a valuation of Rs. 20 Crores from a bunch of angel investors from India Angel Fund. Karan was attending the CHESS Startup event at Rungta College Bhilai and took the initiative to approach Rahul…
LTIMindtree appoints Angna Arora as Compliance Officer
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•LTIMindtree Limited, a global technology consulting and digital solutions company, announced the appointment of Angna Arora as Compliance Officer of the company, with effect from November 28, 2023. According to the company’s exchange filing, “Pursuant to Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the…
Krishna Sahai joins JPFL Films as AVP – HR & Admin
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•JPFL Films, a part of the BC Jindal Group, has appointed Krishna Sahai as Assistant Vice President – Human Resources and Administration, according to ETHRWorld report. “Excited to announce my new role as Assistant Vice President – HR & Admin at JPFL Films Pvt. Ltd.! (B C Jindal Group). Looking forward to contributing to the…
Tata Steel appoints Akshay Khullar as VP – Engineering & Projects
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•Tata Steel Limited announced the appointment of Akshay Khullar as the Vice President – Engineering & Projects, with effect from February 1, 2024. According to the company’s exchange filing, “In terms of the Company’s Succession Plan for Senior Management Personnel, Mr. Akshay Khullar is being appointed as the Vice President – Engineering & Projects (Designate),…
S4 Capital appoints Melanie Dhawan as CFO for its Content Practice
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•Melanie Dhawan has been appointed Chief Financial Officer for the Content practice of the tech-led, new age/new era digital advertising, marketing and technology services company S4 Capital. Mel has significant experience gained across a varied career. At global entertainment company Turner Broadcasting, she fulfilled multiple roles over 13 years, covering controllership, commercial partnering, FP&A and…
Shriram Properties appoints Debasis Panigrahi as CHRO
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•Shriram Properties, a leading residential real estate developer, has appointed Debasis Panigrahi as its Chief Human Resources Officer, according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Chief Human Resources Officer at Shriram Properties Ltd,” Panigrahi shared in a LinkedIn post. Prior to joining Shriram Properties, Panigrahi was associated…