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Executive Movements

Eximius Ventures appoints Preeti Sampat as Co-founder and General Partner

Eximius Ventures, a pre-seed stage fund, announced the joining of Preeti Sampat as Co-founder and General Partner.  With a strong focus on Fintech, SaaS, HealthTech, and Media & Entertainment, Eximius Ventures is poised to reach new heights with Preeti’s addition to the leadership team, a statement said. Preeti Sampat brings a wealth of experience and a […]

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Acquisition

Accenture to acquire OnProcess Technology

Accenture has agreed to acquire OnProcess Technology, a provider of supply chain managed services, to help organizations refine processes, improve the way inventory is managed and solve complex service challenges. With this acquisition, Accenture will enhance its supply chain capabilities, specifically in asset recovery and service supply chain management, making it easier for clients to manage service […]

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Executive Movements

Intuitive appoints Sreelakshmi Kolli to its Board of Directors

Intuitive, a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced the appointment of Sreelakshmi Kolli, executive vice president and chief digital officer at Align Technology, to its board of directors, effective Oct. 27, 2023. “Sree has deep expertise in applying technology to transform industries, enable business growth and drive strategy,” said Intuitive CEO Gary Guthart. “We look forward to […]

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Executive Movements

Credgenics appoints R. Sridhar as Strategic Advisor

Credgenics, the leading provider of advanced loan collections and debt resolution technology solutions for Banks, NBFCs, ARCs, and Digital Lending firms worldwide, announced that R. Sridhar has joined the team as a Strategic Advisor to further strengthen its growth roadmap in the BFSI sector. With his extensive background in financial services and astute acumen in […]

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Acquisition

Energy Exemplar to be acquired by Blackstone and Vista Equity Partners

Energy Exemplar, a global provider of energy market simulation software, announced it has agreed to be acquired by private equity funds affiliated with Blackstone (Blackstone) and Vista Equity Partners (Vista). With the backing of Blackstone and Vista, Energy Exemplar gains new resources to help accelerate growth and drive platform innovation in support of grid reliability and the […]

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Executive Movements

ADF Foods COO Devang Gandhi resigns

ADF Foods Limited, one of the leading manufacturer of prepared ethnic food, announced the resignation of Devang Gandhi as Chief Operating Officer of the company, with effect from January 31, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with Para […]

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Executive Movements

BHEL appoints Koppu Sadashiv Murthy as Chairman and Managing Director

Bharat Heavy Electricals Limited (BHEL), a public sector engineering and manufacturing enterprise, announced the appointment of Koppu Sadashiv Murthy as Chairman and Managing Director of the company, with effect from November 1, 2023. According to the company’s exchange filing, “Further, in continuation of our earlier communications dated 23.10.2023 & 30.10.2023, it is informed that Shri […]

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Executive Movements

JSW Energy announces resignation of Prashant Jain as Joint MD & CEO

Electric Utilities company JSW Energy Limited announced the resignation of Prashant Jain as Joint Managing Director and Chief Executive Officer of the company, with effect from January 31, 2024. According to the company’s exchange filing, “we hereby inform you that Mr. Prashant Jain has expressed his intention to take early retirement from active professional life […]

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Executive Movements

Marlabs appoints Thomas Collins as new CEO

Marlabs Innovation LLC., the global digital solutions company, announced the induction of Thomas Collins as its new Chief Executive Officer. He brings 28 years of experience in various leadership roles across global companies. Before Marlabs, Collins was Chief Operating Officer at Accion Labs and had successful stints at Accenture, Siemens, Atos, and GlobalLogic. He is also the […]

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Executive Movements

Rane Engine Valve appoints Vikram Hosangady to its Board

Chennai-based Rane Engine Valve Limited, a manufacturer of engine valves, guides, and tappets, announced the appointment of Vikram Hosangady as Additional Director on the company’s Board, with effect from October 31, 2023. According to the company’s exchange filing, “This is further to the outcome of the meeting of the Board of Directors intimated vide our […]

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Investment

Healthtech startup Sugar.fit secures $11 mn funding led by MassMutual Ventures

Sugar.fit, a healthtech startup that seeks to manage and reverse type 2 and pre-diabetes, said it has raised $11 million in a Series A funding round led by MassMutual Ventures, according to ETtech report. Other participating investors include Cure.fit, Tanglin Venture Partners, and Endiya Partners. The fresh capital will be used to expand Sugar.fit’s product […]

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Executive Movements

GSK appoints Omkar Parnandiwar as Head of Omnichannel

GlaxoSmithKline Pharmaceuticals Limited (GSK) announced the appointment of Omkar Parnandiwar as Head of Omnichannel, with effect from November 1, 2023. According to the company’s exchange filing, “we hereby inform you that the appointment of Mr. Omkar Parnandiwar, Head of Omnichannel effective 1st November, 2023. He will be part of the Senior Management team of the […]

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Executive Movements

Yes Securities appoints Pankaj Adhav as SVP – HR

Yes Securities, a wholly-owned subsidiary of Yes Bank, has appointed Pankaj Adhav as Senior Vice President – Human Resources, according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Senior Vice President Human Resources at Yes Securities!” Adhav shared in a LinkedIn post. Prior to joining Yes Securities, Adhav was […]

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Press Release

L&T Technology Services Accelerates Transition to Smart Vehicles with Generative AI on AWS

L&T Technology Services, a global digital engineering and research and development (R&D) services company based in India, announced that it is leveraging Amazon Web Services (AWS) to help global automotive manufacturers accelerate the transition towards Software Defined Vehicles (SDVs) using generative artificial intelligence (AI).  SDVs rely heavily on software to control and manage their operations, […]

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Investment

Vridhi Home Finance secures Rs 150cr from Elevation Capital

Vridhi Home Finance, a housing finance lender, has raised Rs 150 crore in its maiden round of funding from venture capital firm Elevation Capital, according to the ETtech report. With the fresh funding, the lending startup wants to scale up operations, raise credit lines from larger lenders and enter into new geographies, a statement said. […]