Category: News

Kaleyra announces changes in management team

Kaleyra, Inc., an enterprise Communication Platform as a Service (CPaaS), announces certain management changes.  As previously disclosed, on June 28, 2023, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited (“Tata Communications”), pursuant to which, at…

Interface Microsystems appoints Deepti Mehta as CHRO

Interface Microsystems has appointed Deepti Mehta as its Chief Human Resources Officer, according to ETHRWorld report. In her new role, Mehta will be responsible for building a talent pipeline, competency building, and creating a high-performance culture. Mehta will be based in Gurugram, and will report to Amit Gupta, Director, Interface Microsystems. She comes with over…

What’s Up Wellness raises Rs 14 cr funding from Unilever Ventures

Digital-first wellness brand What’s Up Wellness has raised Rs 14.40 crore in a seed funding round led by Unilever Ventures, the venture capital arm of FMCG giant Unilever, according to ETtech report. This marks Unilever Ventures’ inaugural investment in the health and wellness category in India. The move comes amid a surge in pharmaceutical stocks…

RFA secures €30m investment from KKR

Launch service provider Rocket Factory Augsburg AG (RFA) announced that it has raised a €30 million investment from KKR, a leading global investment firm. The fresh funding is a vote of confidence for RFA as global demand for access to space continues to grow. The investment will facilitate RFA’s upcoming integrated first stage test and…

Indian School of Hospitality announces promotion of Kunal Vasudeva as Co-Founder and MD

Indian School of Hospitality (ISH), one of India’s preeminent institutions in Hospitality and Culinary Arts education, announced the appointment of Kunal Vasudeva to the position of Co-Founder and Managing Director, effective August 01, 2023. Previously serving as Co-Founder and Chief Operating Officer, Vasudeva’s elevation as MD is in alignment with ISH now being a part of Sommet Education, a global leader in higher education in…

Unisun Energy Group completes Series C financing led by Cathay Capital

Unisun Energy Group, a leading provider of industrial and commercial intelligent green power services, announced the successful completion of its Series C financing, which was led by the renowned investment firm Cathay Capital with increased investment from its existing shareholder Source Code Capital. The proceeds from this financing will be utilized for developing and constructing…

AI21 Labs appoints Pankaj Dugar as SVP GTM and GM of North America

AI21 Labs, a leader in generative AI and Large Language Models, announced the appointment of Pankaj Dugar as the Senior Vice President GTM and General Manager North America. In his role, Dugar will lead the company’s continued expansion into the enterprise market for generative AI technology, with a focus on building new relationships for AI21 Labs with US-based…

Genpact and Heubach partner to transform operations and accelerate post-deal business growth

Genpact, a global professional services firm focused on delivering outcomes that transform businesses, announced its partnership with Heubach Group, a leading global supplier of comprehensive color solutions, to rapidly build, digitize and manage the finance, accounting, and supply chain processes of its newly combined company, following the successful acquisition of Clariant’s global pigments business. Genpact…

Valvoline announces CEO succession plan

Valvoline Inc., a trusted leader in preventive automotive maintenance delivering quick and convenient service, announced that Sam Mitchell is retiring as Chief Executive Officer and a member of the Board of Directors, effective September 30, 2023. Mitchell will be succeeded by Lori Flees, current President of Retail Services, as the Company’s Chief Executive Officer. Flees will also join the…

Wipro appoints N S Kannan to its Board

Wipro Limited, a leading technology services and consulting company, announced the appointment of N. S. Kannan to its Board of Directors for five years effective October 1, 2023, subject to the approval of shareholders. Kannan will serve as an Independent Director on the Board, bringing over 30 years of experience in the Financial Services domain,…

Moove raises investment from Mubadala and BlackRock

Moove, the world’s first mobility fintech, announced that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior twelve…

Gaming startup MetaShot secures $400K in pre-seed round with participation from Inflection Point Ventures

MetaShot, a Bangalore-based gaming startup, secures $400K in a Pre-seed Round with participation from Inflection Point Ventures. The round also saw participation from an early-stage gaming focussed fund and prominent angels, including founders of Dineout – Ankit Mehrotra, Sahil Jain and Khalid Qazi, among others. The funds will be used to expand the team, invest…

Sula Vineyards appoints Abhishek Kapoor as CFO, Karan Vasani as COO

Sula Vineyards Limited, a wine producer and seller, announced the appointment of Abhishek Kapoor as Chief Financial Officer of the company, with effect from August 28, 2023. Karan Vasani has been appointed as Chief Operating Officer, with effect from October 1, 2023. Abhishek Kapoor is a seasoned finance leader with more than two decades of…

PNB MetLife appoints Nilesh Kothari as Chief Financial Officer

PNB MetLife India, one of India’s leading life insurance companies, has appointed Nilesh Kothari as Chief Financial Officer, effective August 03, 2023. In this role, Nilesh will be responsible for Business Planning, Financial Control, Investment middle and back office, Vendor Management, Tax and Investor Relations. Nilesh is a Chartered Accountant and finance professional with more…