OutSystems, a global leader in high-performance application development, has appointed Naveen Kumar Kalyankar as Regional VP India. With India’s booming app development market and rapid digital transformation, Naveen will spearhead OutSystems India expansion, drawing on his expertise in global sales, enterprise solutions, and strategic alliances to drive growth, a statement said. Naveen has been associated…
Legacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based venture firm Carpediem Capital, with participation from Param Capital and P3 Venture Fund, according to ETtech report. The Mumbai-headquartered firm, which sells footwear across gender and price categories, operates 74 stores of…
KKR, a global investment firm, announced that it has agreed to invest in Precipart, a leading contract manufacturer of precision components for the medical device and aerospace industries. KKR plans to support the Company in its continued growth organically and through M&A. Financial terms were not disclosed, a statement said. Founded in 1950 by the…
Accenture has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms were not disclosed. Founded in Mexico City in 2012, MNEMO Mexico has 229 cybersecurity professionals and 180 cybersecurity industry certifications with key ecosystem partners. The company’s portfolio includes advanced cyber defense and response capabilities, a cyber intelligence platform powered…
Toluna, the leading global insights technology and panel provider, acquired MetrixLab, a renowned global leader in market research and insights from Macromill, Inc. in June this year. As the integration process continues to progress, Toluna is excited to announce the appointment of Dixit Chanana as Managing Director of Toluna and MetrixLab India offices. With full…
Mahindra Logistics Limited (MLL), one of India’s largest integrated logistics solutions providers, announced the appointment of Jignesh Parikh as Company Secretary and Compliance Officer of the company, with effect from December 1, 2023. According to the company’s exchange filing, “As part of succession planning and to facilitate smooth transition, approved appointment of Mr. Jignesh Parikh…
Mining conglomerate Vedanta Limited announced the appointment of Ajay Goel as Chief Financial Officer of the company, with effect from October 30, 2023. He succeeds Sonal Shrivastava, who has resigned from the role of CFO due to personal reasons. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of…
TRX Gold Corporation (TRX Gold) announced the appointment of Shubo Rakhit as Chairman of the Board. Rakhit has had a prominent career as a highly respected strategist and sought after trusted advisor. His 30+ year career has included senior positions at several global and Canadian investment banks and advisory firms including CIBC, Bank of Nova…
Hindustan Foods Limited (HFL), a diversified FMCG contract manufacturer, announced the acquisition of KNS Shoetech Private Limited (KNS Shoetech). According to the company’s exchange filing, “With regard to the captioned matter and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, please be informed that…
Future Generali India Insurance Company (FGII), announced that it has appointed Akshaya Kashyap as the Chief People Officer of the organisation, effective October 1, 2023. He has a rich and diverse experience in the Human Resource (HR) domain, spanning over 18 years, with almost a decade of that being with Future Generali, a statement said.…
Alphawave IP Group plc (Alphawave Semi), a global leader in high-speed connectivity for the World’s technology infrastructure, has announced the appointment of Rahul Mathur as Chief Financial Officer (CFO) with effect from 30 October 2023. Rahul served as CFO of Avantus since 2021 and as CFO and Senior Vice President Finance of Rambus from 2016…
Hexaware Technologies has embarked on a major expansion drive, focusing on emerging cities to tap into their potential and talent pools. As part of this, the company has launched a delivery center in Bhopal. This center is part of Hexaware’s growing delivery network, providing clients with cutting-edge digital solutions across geographies and sectors. Chinmoy Banerjee, Corporate Vice…
TRUST Mutual Fund announced the appointment of veteran fund manager Mihir Vora as its Chief Investment Officer (CIO). Mihir will head investments for the mutual fund, which aims to widen its product offerings to other asset classes including equity mutual funds. Mihir has a distinguished career spanning nearly three decades in investing across asset classes including equity, fixed income, real…
IAN Group has appointed Sarika Saxena as Managing Partner, IAN Alpha Fund, a SEBI registered AIF Cat II, sector agnostic Venture Capital fund. Sarika brings extensive experience with a proven track record in startup and early stage investments. Sarika brings over 25 years of diverse professional experience and having served in key & leadershippositions across…
Airwallex, a global payments and financial platform for modern businesses, announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions. This acquisition will enable Airwallex to expand its financial infrastructure into…