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Executive Movements

Wardwizard Group appoints Tejas Mehta as CFO

Wardwizard Group, a renowned name in the industry, announced the appointment of new leaders for their flagship electric vehicle brand ‘Joy e-bike’, to spearhead the organization’s growth and innovation in the dynamic electric vehicle (EV) industry. Tejas A Mehta, a seasoned Chartered Accountant with over two decades of dynamic financial leadership, has taken on the […]

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Investment

Black Box strengthens India presence with new Center of Excellence

Black Box Limited (formerly AGC Networks Limited), a trusted IT solutions provider, announced the inauguration of its new Center of Excellence located in Bengaluru, India. Black Box is one of Essar’s key investments in the technology and retail sector, a statement said. This state-of-the-art facility represents a significant upgrade, providing employees with an unparalleled environment for collaboration […]

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Executive Movements

Wipro appoints Aparna C Iyer as CFO

Wipro Limited, a leading technology services and consulting company, announced that it is appointing Aparna C Iyer as Chief Financial Officer, effective immediately. Aparna will report to CEO Thierry Delaporte and will join the Wipro Executive Board. She succeeds Jatin Dalal, who is stepping down as CFO to pursue other career opportunities. “Aparna is an […]

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Acquisition

Cisco announces acquisition of Splunk

Cisco and Splunk, the cybersecurity and observability leader, announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco’s Executive Leadership Team reporting to Chair and CEO Chuck Robbins, a statement said. The acquisition builds […]

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Executive Movements

Iron Mountain appoints Arvind Subramanian as EVP and MD, India

Iron Mountain, the global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services, announced that Arvind Subramanian has joined the company on September 20th, 2023 as Executive Vice President and Managing Director, India. As a core member of the Executive Leadership Team, Arvind will report to CEO William Meaney and […]

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Investment

Eloelo raises $22 mn in funding led by Courtside Ventures, Griffin Gaming Partners

Eloelo, a creator-led social gaming and live entertainment platform, said that it has raised $22 million funding from a clutch of new and existing investors, signalling the growing global investor interest in India’s digital entertainment industry, according to moneycontrol report. The funding round was led by Courtside Ventures and Griffin Gaming Partners with participation from Japanese […]

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Executive Movements

ABN AMRO intends to appoint Ton van Nimwegen as COO and member of the Executive Board

ABN AMRO intends to appoint Ton van Nimwegen as its Chief Operations Officer (COO) and member of the Executive Board for a period of four years, with effect from the Extraordinary General Meeting of Shareholders (EGM) to be held on a date yet to be set. The appointment is subject to the formal approval of […]

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Acquisition

CrowdStrike announces acquisition of Bionic

CrowdStrike announced it has agreed to acquire Bionic, the pioneer of Application Security Posture Management (ASPM). The combination will extend CrowdStrike’s leading Cloud Native Application Protection Platform (CNAPP) with ASPM to deliver comprehensive risk visibility and protection across the entire cloud estate, from cloud infrastructure to the applications and services running inside of them. As a […]

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Investment

Atlys raises $12 mn Series A funding led by Peak XV Partners and Elevation Capital

Atlys has raised USD 12 million in a Series A round led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital. The round also saw participation from existing investors Andreessen Horowitz (a16z), Musical Duo Chainsmokers, South Park Commons, Pinterest Founders and other investors. The funds raised will be used to expand the platform’s […]

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Executive Movements

Edenred India appoints Kumar Vikrant as Business Head

Edenred India, a subsidiary of the renowned French Multinational, Edenred, announced the appointment of Kumar Vikrant as the new Business Head to drive performance and oversee the next phase of expansion for the brand. A dynamic professional with a global perspective, Vikrant has over 27 years of progressive experience across industries including advertising, automobile, media […]

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Investment

EaseMyAI raises Rs 3cr in seed round led by Inflection Point Ventures

Artificial Intelligence and automation-as-a-service platform EaseMyAI has raised Rs. 3 crore in a seed round led by Inflection Point Ventures. The funds will be utilized for product development, recruiting a sales and marketing team, and expanding our distributor network, a statement said. Founded in 2022 by Gagan Randhawa (CEO & Co Founder), Yaman Bharadwaj (COO & Co founder), Surendra Sancheti (CCO […]

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Executive Movements

Termgrid appoints Anthony Sage as Global Head of Private Credit and Bank Coverage

Termgrid, the software platform for private capital markets announced that Anthony Sage has joined as Global Head of Private Credit and Bank Coverage. Anthony brings over 30 years of industry experience in leveraged finance, sponsor finance, and coverage to Termgrid. His industry tenure includes 11 years at BNP Paribas as Head of Sponsor Finance EMEA, Vice-Chair at […]

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Global

Infosys and NVIDIA collaborate to help World’s enterprises boost productivity with Generative AI

Infosys, a global leader in next-generation digital services and consulting, and NVIDIA announced that they have expanded their strategic collaboration with the aim to help enterprises worldwide, drive productivity gains with generative AI applications and solutions. The broadened alliance will bring the NVIDIA AI Enterprise ecosystem of models, tools, runtimes and GPU systems to Infosys Topaz – an AI-first set of […]

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Press Release

AGEL and TotalEnergies to expand partnership, TotalEnergies to invest $300m in AGELTotalEnergies JV

Adani Green Energy Limited (AGEL) and TotalEnergies have entered into a binding agreement to create a new JV, equally owned by TotalEnergies and AGEL, with a 1,050 MW portfolio. This portfolio will comprise a mix of already operational (300 MW), under construction (500 MW) & under development assets (250 MW) with a blend of both […]

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Executive Movements

Altysys appoints Arjun Malhotra as Chairman of its Advisory Board

Altysys, a rapidly growing data and cloud-first startup with deep expertise in the healthcare IT consulting and services ecosystem, has appointed Arjun Malhotra as the Chairman of its advisory board. Arjun Malhotra has been a prominent figure in the Indian IT entrepreneurial scene. He is widely renowned for his instrumental role in co-founding the HCL […]