To help close the global artificial intelligence (AI) skills gap, IBM announced a commitment to train two million learners in AI by the end of 2026, with a focus on underrepresented communities. To achieve this goal at a global scale, IBM is expanding AI education collaborations with universities globally, collaborating with partners to deliver AI […]
Category: News
Pharmanovia, a global pharmaceutical company that commercialises novel medicines and revitalises, extends and expands the lifecycle of established medicines, has announced the expansion of its neurology portfolio with the acquisition of 11 central nervous system (CNS) brands from global healthcare company, Sanofi. The brands span four therapy areas of ongoing unmet need associated with CNS […]
Tech company specializing in payments for rising markets EBANX announced the expansion of its operations to India, adding a new region to its portfolio that already reaches 18 countries in Latin America and Africa. With its technological and financial solutions, EBANX will enable global merchants to offer their Indian customers the most used local payment methods, starting with the local real-time […]
The Phoenix Mills, a real estate developer, has appointed Gautam Srivastava as Director and Head of HR, according to ETHRWorld report. “I am delighted to share that I have assumed the role of Director & Head of HR at The Phoenix Mills Ltd. I am passionate about the people transformation journey ahead, aligning HR strategies […]
Mojave Energy Systems announces its $12.5 million seed round of funding that will be used to launch its third-generation liquid desiccant air conditioning platform. The novel Mojave product line cuts in half the energy required to provide buildings with fresh, cool, and dry outdoor air, while using 20% less refrigerant than existing systems on the market. The round is […]
Categories
Aramco announces acquisition of Esmax
Aramco, one of the world’s leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax) from Southern Cross Group, a Latin America-focused private equity company. The transaction is subject to certain customary conditions, including regulatory approvals. Esmax is a leading diversified downstream fuels and lubricants retailer in Chile. […]
Ontario Teachers’ Pension Plan (Ontario Teachers’) and KKR, a global investment firm announced the signing of a definitive agreement under which Ontario Teachers’ will acquire KKR and other shareholders’ stakes in GreenCollar, a leading Australian environmental markets platform. Financial terms of the transaction were not disclosed. Ontario Teachers’ first became an investor in GreenCollar in March […]
Praveg Limited, India’s leading eco-responsible luxury resorts company announced that it has received the resignation of its Managing Director, Paras Patel, who will be moving on due to his health issue. The Board of Directors of Praveg Limited accepted the notice of resignation of Paras Patel as the Managing Director, effective immediately. The resignation intimation […]
Stem, a global leader in artificial intelligence (AI)-driven clean energy software and services, announced a new state-of-the-art office in Cyber Hub, Gurgaon, India. As the company’s global Center of Excellence, Stem is investing in the region to help it support customers around the world, while driving operational excellence in critical areas such as software development, […]
Singtel, Asia’s leading communications technology group, and leading global investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to S$1.1 billion (~US$800 million) for a 20% stake in Singtel’s regional data centre business. This investment puts the enterprise value of Singtel’s overall regional data centre business at S$5.5 billion. KKR will […]
Founded by Samir N. Kapadia, The India Index LLC (India Index) successfully raised $500K in their seed funding round, led by a group of private investors from the United States and India. Key investors including Parth Jindal (JSW Group), Vaaman Sehgal (Motherson Group), Robert Lansing (Westminster Capital) and other private investors participated in the pre-seed round. India Index is a cloud-based B2B […]
India’s leading paints manufacturer Asian Paints Limited announced the appointment of Ireena Vittal as Independent Director on the company’s Board, with effect from July 25, 2023. According to the company’s exchange filing, “This is with reference to earlier letter no. APL/SEC/32/2023-24/36 dated 25th July, 2023, wherein it was informed to you that the Board of […]
Wipro Limited, a leading technology services and consulting company, announced that it has inaugurated a new office in Jefferson City, Missouri, and will partner with the state’s Jobs for America’s Graduates (JAG) program to attract local talent. The 75,000-square-foot office is the main support center for some of Wipro’s biggest clients, specifically in the healthcare […]
Categories
CRISIL to acquire Bridge To India
CRISIL, an S&P Global company, has entered into a definitive agreement to acquire Bridge To India Energy Private Limited (Bridge To India), a leading renewable energy consulting and knowledge services provider to financial and corporate clients globally. Bridge To India provides its clients 360-degree insights into the renewable energy market founded on deep domain expertise and […]
Pixis, a leading codeless AI infrastructure company focused on enabling brands to enhance performance marketing, has raised $85 million in its series C1 funding round. The round was led by Touring Capital and brings the company’s capital raised to $209 million. The new and existing investors who participated in the funding round include Grupo Carso, General Atlantic, Celesta Capital […]