Category: News

VTEX partners with Terrific Minds to power next-gen digital commerce solutions in India

VTEX, the global enterprise digital commerce platform, announced its strategic partnership with Terrific Minds, a leading technology studio specializing in customer-centric digital commerce solutions. This collaboration aims to provide businesses with innovative tools and strategies to enhance their online presence and customer engagement. This partnership will drive innovative plugins and apps that amplify VTEX’s capabilities. By…

Chennai-based AuditCue raises $1.5 mn funding led by Kalaari Capital

Audit and risk software-as-a-service (SaaS) startup AuditCue on said it has raised $1.5 million in a seed funding round led by Kalaari Capital, according to ETtech report. Other investors who participated in the round included Java Capital and angel investors from San Francisco. The company said the funds would be allocated towards product development, accelerating…

Hedonova acquires 71% stake in Mandakini Farms

Hedonova expands its Carbon-Credit Ecosystem, focusing on projects in emerging Asian markets to pioneer carbon negativity and eco-conscious developments. Hedonova, a renowned Paris-based hedge fund specializing in alternative assets and a global leader in carbon credit trading, is marking a significant stride in its sustainable investment initiative. With over $4 billion transacted in carbon credits…

UCO Bank appoints Vijaykumar Nivrutti Kamble as Executive Director

UCO Bank Limited announced the appointment of Vijaykumar Nivrutti Kamble as Executive Director on the company’s Board, with effect from October 9, 2023. According to the Bank’s exchange filing, “we inform that in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of…

Bank of Baroda appoints Lal Singh to its Board

State-owned Bank of Baroda announced the appointment of Lal Singh as Executive Director on the company’s Board, with effect from October 9, 2023. According to the company’s exchange filing, “In exercise of powers conferred by the proviso to clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings)…

Canara Bank appoints Bhavendra Kumar as Executive Director

State-run Canara Bank Limited announced the appointment of Bhavendra Kumar as Executive Director on the company’s Board, with effect from October 9, 2023. According to the Bank’s exchange filing, “In exercise of the powers conferred by the proviso to clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of…

Arvind Fashions appoints Govind Shridhar Shrikhande as Independent Director

Arvind Fashions Limited (AFL), India’s leading casual and denim manufacturer, announced the appointment of Govind Shridhar Shrikhande as Independent Director on the company’s Board, with effect from October 9, 2023. According to the company’s exchange filing, “we would also like to inform that based on the recommendation of the Nomination and Remuneration Committee, the Board…

Biocon names Nitin Tiwari as Head – Quality

Biocon Limited, an innovation-led global biopharmaceuticals company, announced that Dr. Sriram AV, Head – Quality will superannuate on October 31, 2023. Nitin Tiwari has been appointed to the role of Head -Quality of the company, with effect from November 1, 2023. Nitin Tiwari holds a master’s degree in fine chemicals and drugs from G.S. Institute…

Punjab & Sind Bank appoints Ravi Mehra as Executive Director

Punjab & Sind Bank Limited announced the appointment of Ravi Mehra as Executive Director of the company, with effect from October 9, 2023. According to the Bank’s exchange filing, “This is to inform that Government of India, Ministry of Finance, Department of Financial Services, vide notification no.eF.no.4/1(v)/2023-BO.I dated 09.10.2023, in exercise of the powers conferred…

Insurtech startup Onsurity raises $24 mn from IFC, other investors

Onsurity, the subscription-led employee healthcare provider focused on small and medium enterprises (SMEs) and startups, said it has raised $24 million in Series B funds from International Finance Corporation (IFC) and existing investors Nexus Venture Partners, Quona Capital and White Board, according to ETtech report. The company will use the money to work with insurance…

Lottie raises $21M Series A funding led by Accel

Lottie, the free online marketplace that connects care seekers and retirees to UK care homes, home care services, and retirement living communities, announced that it has raised a $21M (£16.35M) Series A funding round led by Accel, with participation from previous investor General Catalyst. This brings the total amount raised by the company to $31M (£25M). Lottie will use…

Pinterest and Entravision enter into global partnership deal

Entravision, a global advertising solutions, media and technology company serving clients across more than 40 countries, has entered into an international sales partnership with Pinterest, the visual inspiration platform. Through this partnership, Entravision will offer advertisers outreach and campaign management in various countries across Southeast Asia, Latin America, Africa, Europe, and the Middle East, where…

Panasonic Energy India appoints Pramod Bahuguna as GM – Special Projects

Panasonic Energy India Company Limited, one of India’s largest manufacturer & supplier of dry cell batteries and lighting products, announced the appointment of Pramod Bahuguna as GM – Special Projects, with effect from October 9, 2023. Pramod Bahuguna has an Effective distribution management experience in Telecom / FMCG sector and proven ability to influence the…

Syngene announces resignation of Joydeep Kant as SVP – Development Services

Global contract research organisation Syngene International Limited announced the resignation of Dr. Joydeep Kant as Senior Vice President – Development Services of the company, with effect from October 31, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 (Listing Regulations), this is to inform…

Organica Water is raising institutional funds to expand operations

Organica Water, a global leader in innovative and sustainable wastewater treatment solutions, has combined engineering, nature, and architecture to create botanical garden-like treatment facilities known as Water Resource Gardens. These facilities not only treat wastewater but also produce fresh water. India’s rapid urbanization has brought forth significant development challenges, and treating wastewater in a sustainable,…