As part of its ongoing initiatives towards the COVID-19 relief efforts, Hero MotoCorp, the largest manufacturer of motorcycles and scooters, announced that the company will be donating 60 first-responder mobile ambulances to authorities. “These unique and utilitarian mobile ambulances will be useful for reaching out to patients in rural and remote areas and comfortably moving…
Hinduja Global Solutions (HGS), announced a full suite of business continuity solutions designed to help clients and their employees manage contact centers during the COVID-19 crisis, which has caused reduced staffing levels due to government mandated guidelines. “HGS Digital has tapped into its deep understanding of people and technology to deliver the same frictionless digital…
IFFCO Tokio General Insurance recently announced that it has appointed industry veteran Anamika Roy Rashtrawar as MD and CEO. Rashtrawar replaces Warendra Sinha, who retired from the company after leading it for three years. Her appointment will be effective from March 27, 2020, said a company release. Rashtrawar is the first woman MD and CEO…
Singapore-based ride-hailing unicorn Grab recently announced that it has appointed industry veteran Peter Oey as the company’s new Chief Financial Officer. In his new role, Oey will helm Grab’s finance operations, treasury, tax, procurement, and real estate and facilities department, according to a statement. Oey will be based in Singapore and report to co-founder and…
The Raine Group, a global merchant bank focused exclusively on technology, media and telecommunications, announced that David Levy has joined the firm as a Senior Advisor. Levy has over 30 years of sports media, major network broadcasting and advertising experience. He will work with Raine on identifying and executing investment and advisory opportunities and will…
With long queues at grocery stores and society arranged vegetable marts, swarming online orders, delivery slots are overbooked, stocks are scarce, and people are struggling to get the basic cooking essentials in their households. Lining up at the supermarkets and being exposed to contacted surfaces isn’t the safest choice either, when social distancing is the…
Locale.ai, a Bengaluru-based location analytics startup, announced it has raised an undisclosed sum in a seed funding round led by early-stage venture capital firm Better Capital, with participation from two angel investors, the company announced on Monday according to a media report. Other investors that took part in the funding round include Raveen Sastry, co-founder…
Food-led FMCG company Future Consumer recently announced that it has appointed Sailesh Kedawat as the company’s new Chief Financial Officer. According to a company regulatory filing, Kedawat’s appointment will be effective from 10 April, 2020. The board of the company in a meeting held recently approved “appointment of Sailesh Kedawat as the CFO and Key…
OpenSesame, the global elearning innovator, announced unlimited free access to online training for any employee working from home or furloughed as a result of the coronavirus pandemic. The offer includes elearning courses in multiple languages for developing customer service, sales, and other essential professional skills. “At OpenSesame, we believe elearning provides the most efficient path…
Chubb announced three grants as part of its previously announced commitment to contribute $10 million to pandemic relief efforts globally. The company’s support, which is funded through the Chubb Charitable Foundation, is directed to partner organizations around the world that are providing essential resources immediately in areas facing the most acute need from the COVID-19…
As part of its global R&D networking in Korea, North America, Europe, China and India, Hyundai Mobis announced that it will be expanding its technical center in India, which develops and validates automotive software. Through this, the company aims to strengthen its R&D activities in India, particularly software development for autonomous vehicles. Hyundai Mobis announced…
eBay Inc. announced that the Company’s Board of Directors has appointed Jamie Iannone as Chief Executive Officer, effective April 27, 2020. He has also been elected to the Company’s Board of Directors. He replaces Scott Schenkel, who was acting as interim CEO for the past six months. Iannone has over 20 years of experience leading…
Pledging its support towards India’s fight against coronavirus (COVID-19) pandemic, Canon India, one of the leaders in the imaging space, announced plethora of initiatives to empower the people of its adopted villages and SOS village homes. “To ensure that the community members are fully equipped, safe and motivated to win the COVID-19 battle, the company…
Navi Technologies, a financial services holding company, announced it has secured an additional Rs 204 crore investment from mid-market private equity firm Gaja Capital, the company stated in filings submitted to the Registrar of Companies. Bansal, co-founder and former chief executive of India’s largest online retailer Flipkart, has also been named as the managing director…
AngelList, a platform to connect investors to startups, has recently laid off a number of staff and cut executive salaries across all departments, according to a TechCrunch report. The company reportedly has more than $1bn assets under management. The company has yet not made any comments on the number of staff being laid off but…