Welcome Cure has raised over 4 Crores in pre-Series A round led by Inflection Point Ventures (IPV). The funds will be utilized for growth, including talent acquisition, technology enhancement, and marketing initiatives. IPV has led the round and Welcome Cure is looking at raising over 16 crores in this on-going funding round, according to the…
Reltio announced it has appointed Vidhi Chugh as Head of Product Management for AI/ML Solutions. This strategic hire further solidifies Reltio’s ongoing commitment to AI/ML innovation and its dedication to pushing the boundaries of what’s possible in this domain. Chugh, who is based in Bengaluru, will lead Reltio’s AI/ML roadmap, focusing on enhancing capabilities, such…
ShipBob, the leading global omnifulfillment platform designed for businesses of all sizes, announced the hiring of Catherine Lacavera as its first Chief Legal Officer. Lacavera joins ShipBob with over 20 years of experience building and leading successful legal and compliance teams, including having spent over 16 years at Google, where she oversaw global litigation, employment and regulatory investigations,…
Non-banking finance company, IIFL Finance Limited, announced the appointment of Abhiram Bhattacharjee as Chief of Staff, with effect from October 18, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), the Board of Directors of the Company based on the recommendations…
AXISCADES Technologies Ltd., a leading end-to-end engineering and technology solutions provider, announced the opening of its Engineering Design Centre (EDC) in Saltney, the United Kingdom. The newly established facility’s strength is its carefully selected strategic location, which is designed to serve the long-term requirements of the aerospace industry and various promising business opportunities in the…
Accenture has acquired ON Service GROUP, a leading provider of business process services, specialized in insurance operations. Terms of the transaction were not disclosed. Acquiring ON Service GROUP enhances Accenture’s capabilities in insurance operations, expanding the range of services available to clients in Germany for insurance business processes such as sales and policy administration. The acquisition strengthens…
Soch Apparels, the largest evening-occasion women’s ethnic wear brand, announces the appointment of Deepak Mahnot as its Chief Marketing Officer (CMO). In his new capacity at Soch, Deepak will spearhead the Brand Marketing, CRM, Visual Merchandising, PR, and Customer Experience initiatives, firmly establishing Soch as a leader in the women’s ethnic wear segment in India, a…
Infosys, a global leader in next-generation digital services and consulting, announced that it is expanding its alliance with Google Cloud to help enterprises build AI-powered experiences leveraging Infosys Topaz offerings and Google Cloud’s generative AI solutions. As part of the expansion, Infosys will create the new global Generative AI Labs to develop industry-specific AI solutions and platforms, which will…
Bandhan Bank Limited announced it has named Abhijit Ghosh, Head – Finance & Accounts, as interim Chief Financial Officer of the Bank, with effect from October 20, 2023. According to the Bank’s exchange filing, “we wish to inform that the Bank has been in the process of identifying and appointing a suitable candidate for the…
Illumio, Inc., the Zero Trust Segmentation company, announced the appointment and promotion of Ben Verghese to Chief Technology Officer (CTO). The former Chief Architect has nearly 30 years of experience overseeing engineering and architecture teams across the cloud and security space. As CTO, Verghese sets and oversees the technology innovation and security strategy for Illumio,…
Crompton announced the appointment of D Sundaram as Chairman of the Board. Further, Crompton has inducted Anil Chaudhry and Sanjiv Kakkar as Additional Directors. Hemant Nerurkar, Chairman of the Board is retiring on October 20, 2023 upon the expiry of his second term. The Board of Directors’ at its meeting held on October 17, 2023,…
KKR, a global investment firm, announced an agreement to invest in Catalio Capital Management, LP, a multi-strategy investment firm focused on breakthrough biomedical technology and innovative health care companies. The addition of new capital is expected to accelerate Catalio’s growth trajectory and talent acquisition, as well as anchor its investment strategies. Pursuant to the agreement, KKR…
IIFL Securities Limited (formerly India Infoline), one of the leading domestic broking houses, announced the appointment of Nemkumar H as Additional Director on the company’s Board, with effect from October 17, 2023. According to the company’s exchange filing, “the Board of Directors of the Company at their meeting held today i.e. Tuesday, October 17, 2023…
Mastek Limited, a digital engineering and cloud transformation service provider, announced the appointment of Arvind Jonnalagadda as Global Chief Human Resources Officer of the company, with effect from October 17, 2023.. According to the company’s exchange filing, “Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015…
Premium EV motorcycle Startup Raptee has announced the appointment of C Suresh as the Head of Operations. At Raptee, Suresh will construct a comprehensive portfolio of operations in manufacturing engineering, quality, sourcing & supply chain, and projects with a focus on setting up the processes and building a strong team. One of the pivotal roles will…