KKR, a global investment firm, announced it is investing approximately $750m to scale Zenobē, a market leader in transport electrification and battery storage solutions, to accelerate the global decarbonisation of diesel fleets and provide grid services that are critical for the decarbonisation of the energy sector. Infracapital, the infrastructure equity investment arm of M&G Plc…
CanAm Enterprises (CanAm) announced that Piyush Gupta has been appointed to the position of Vice President for India and the Middle East. A seasoned Business Development professional with 12 years of experience in sales, strategy and client management, Gupta has deep cultural ties to, and understanding of, the world’s most populous and diverse country – India.…
Encora, a global next-gen digital engineering services company, announced that it has closed the acquisition of Softelligence, a Romanian software engineering services provider. The acquisition, originally announced on May 16, 2023, establishes Encora’s first delivery centers in Europe and further enhances the company’s ability to deliver nearshore services to clients in the Americas, Asia, Australia and now Europe, as per the…
Edtech startup PrepInsta has announced the promotion of Vibudh Upadhyay to the position of Head of Growth Strategy. Vibudh’s remarkable journey within the company, spanning over four years, has been marked by outstanding contributions and an unwavering commitment to exceptional performance, a statement said. Vibudh Upadhyay, a B.Tech graduate in Mechanical Engineering from Galgotias College…
Accenture has acquired Nautilus Consulting, a leading digital healthcare consultancy in the U.K. that specializes in Electronic Patient Record (EPR) solutions. The acquisition will enhance Accenture’s digital transformation, implementation, and optimization capabilities across the U.K. and global healthcare space, a statement said. Nautilus joins Accenture’s Health Strategy & Consulting team in the U.K., bringing expertise in…
Abbott, a global healthcare leader, and Bigfoot Biomedical announced a definitive agreement for Abbott to acquire Bigfoot, a leader in developing smart insulin management systems for people with diabetes. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2023. Financial terms were not disclosed. Abbott and Bigfoot have worked together on connected…
Audi of America announced the creation of a brand marketing team, appointing Emilie Cotter to Head of Brand Marketing and Communications, Chief Marketing Officer. The integrated function will unify brand strategy, marketing and external communications to accelerate growth and transition consumers to an electric future. “This restructure comes at a critical inflection point in the U.S. for…
Wipro Limited, a leading technology services and consulting company, has been recognized as a Leader in the 2023 Gartner Magic Quadrant for Public Cloud IT Transformation Services. Wipro FullStride Cloud provides customers with a tailored approach to building a cloud ecosystem that combines data and the full benefits of running a business in the cloud. According to…
Capillary Technologies, a global leader in loyalty technology solutions, announced the promotion of Melody Mitchem to the position of Global Head of Human Resources. Melody’s appointment comes as a result of her exceptional contributions to the company since her arrival through Capillary’s acquisition of Brierley, a statement said. In her short time at Capillary, Melody has demonstrated…
Indian private sector lender Federal Bank Limited announced the appointment of Elias George as Additional Director (Independent) on the company’s Board, with effect from September 5, 2023. According to the Bank’s exchange filing, “we would like to inform you that based on the recommendations of the Nomination, Remuneration, Ethics and Compensation Committee, the Board of…
Illumina, Inc., a global leader in DNA sequencing and array-based technologies, announced that its Board of Directors has appointed Jacob Thaysen, Ph.D., senior vice president of Agilent Technologies and president of its Life Sciences and Applied Markets Group, as Chief Executive Officer, effective September 25, 2023. Thaysen’s extensive background and experience in genomics, life sciences, and technology…
Aptiv, a global technology company, announced the grand opening of a new state-of-the-art facility for its Technical Center in Pune, India. With a focus on developing safer, greener and more connected mobility solutions, the Aptiv Technical Center will play a pivotal role in shaping the future of mobility in India and around the world, a…
Luminous Power Technologies, a leading energy storage solutions provider in India, announced the appointment of Shikha Gupta as its Chief Human Resources Officer (CHRO), according to ETHRWorld report. She will report to Preeti Bajaj, CEO and Managing Director, Luminous Power Technologies. In this new role, Gupta will spearhead the human resource function, and build the…
Engineering company, Greaves Cotton Limited, announced the appointment of Neeraj Sharan as Business Head – Electric Vehicle Solutions and New Business, with effect from September 4, 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 (‘Listing Regulations’), Mr. Neeraj…
Facets.cloud, a self-serve infrastructure management platform, has raised $4 million in a seed funding round led by 3one4 Capital. The platform helps improve developer productivity by streamlining and productizing cloud deployment workflows. Facets was co-founded in 2021 by Anshul Sao, Pravanjan Choudhury, and Rohit Raveendran – all three are alumni of IIT-KGP. “Cloud delivery of products is an incidental complexity that…