Happiest Minds, a ‘Born Digital . Born Agile’, digital transformation and IT solutions company, will acquire US-based Pimcore Global Services for $8.25 million. Based in Houston, Pimcore Global Services is a digital e-commerce and data management solutions company. “Happiest Minds Technologies Ltd has concluded and signed definitive agreements to acquire 100 per cent ownership interest…
Robert Bosch Engineering and Business Solutions (RBEI), the largest offshore development centre for Bosch globally, plans to hire 2,500 people this year to further strengthen its growth momentum and cater to the demand for niche solutions across industries, according to PTI report. RBEI, which currently employs over 20,000 employees in the country, will recruit 1,000…
DigitalEd and Binary Semantics has announced that they have entered into a joint venture with the name of DigitalEd India LLP. DigitalEd India will sell and support Möbius, a comprehensive online learning platform that automatically tests and immediately provides feedback to STEM students. DigitalEd India will work closely with Indian universities to improve Indian education and allow these…
RevBits has announced the general availability of its Cyber Intelligence Platform (“CIP”), an integrated solution that is designed to provide companies across the globe with protection against cyberattacks. Taking a radically new approach, RevBits CIP is the first fully integrated cybersecurity platform that offers protection by sharing threat intelligence and other relevant data between ten…
Co-working startup Inspire Co-Spaces has secured $4 million in the latest financing round. The seed funding round saw participation from angel investor Ashish Chandna. Chandna said, “I believe Inspire Co-Spaces’ model will completely disrupt the way occupiers look at office space in the future.” Inspire Co Spaces is located in the prime location of Andheri,…
Robinhood, the Menlo Park, California-based fintech startup credited with helping popularize trading among millennials, that it has raised over $1 billion in latest funding from existing investors – Sequoia Capital and Ribbit Capital. Robinhood’s spokeswoman stated in an email, “We’re pleased to share that we’ve raised over $1 billion from existing investors to continue to…
SBI Card, India’s largest pure-play credit card issuer, announced that Rama Mohan Rao Amara has taken charge as the company’s new Managing Director and Chief Executive Officer, effective 30 January 2021. Rao takes over from Ashwini Kumar Tewari. Rama Mohan Rao Amara is a veteran banker, with a successful career spanning over 29 years at…
Ula, an Indonesia-based e-commerce marketplace for small retailers, announced it has raised $20 million in Series A funding led by Quona Capital and B Capital Group. Existing investors Lightspeed India and Sequoia Capital India also participated in the round. Launched in January 2020 by former Sequoia Capital and Pine Labs executive Nipun Mehra along with…
The Practus Board announced the appointment of Deepak Narayanan as CEO with immediate effect. Founded by S. Venkataraman and Deepak Narayanan, Practus with presence across North America, the Middle East, Africa & India (operates under the brand name MYCFO and MyCXO), is a leading Business and Finance Advisory firm, that assists the clients to transform…
Halo Technology Group, the world’s largest manufacturer of compatible fiber optic transceivers and high-speed cables, announced that it has acquired the Skylane Optics (Skylane). With offices in Europe, Brazil and the United States, Skylane’s optical network products offer data, video and voice networks to companies, service providers, data centers and telecommunications providers worldwide. “We are…
Skin Inc Supplement Bar, the pioneer in premium custom skin-tech products and devices, announced a new round of investment from Singapore-based Mistletoe. In addition to the funding, Skin Inc announced the appointment of William Gaultier as Global Chief Commercial Officer. Mistletoe is owned by tech guru, Taizo Son. Mistletoe’s mission is to recreate a sustainable…
Mahindra and Mahindra Financial Services has named Dr. Anish Shah as Chairman of the board, effective from 2nd April, 2021. Dr. Shah is currently Director of the company and the Deputy Managing Director and group CFO of Mahindra and Mahindra Limited (M&M) and is designated to take over as MD & CEO of M&M Limited…
BlocPal International, a global fintech and blockchain technology company, has announced the appointment of Sushant Trivedi as Chief Marketing Officer. Sushant brings over a decade of extensive global strategy, brand management, advertising, go-to-market and leadership experience having worked on multi-billion-dollar brands at Procter & Gamble. With a strong entrepreneurial spirit, Sushant spearheaded the identification of…
RattanIndia Power, a private sector Power Generation Company, said its board has approved the appointment of Ankur Mitra as its Chief Financial Officer and Key Managerial Personnel. “Board…on the recommendation of Nomination and Remuneration Committee and the Audit Committee, has approved the appointment of Ankur Mitra as the CFO and Key Managerial Personnel of the…
Infosys, a global leader in next-generation digital services and consulting, has been recognized by the Top Employers Institute as a Top Employer 2021, across Europe, Middle East, Asia Pacific and North America in recognition of its excellence in employment practices. Infosys has been recognized with the Top Employer Global certification across the following regions: North…