Category: News

Bharat Dynamics appoints P V Raja Ram as Director (Production)

Bharat Dynamics Limited (BDL) announced the appointment of P V Raja Ram as Director (Production) on the company’s Board, with effect from August 30, 2023. According to the company’s exchange filing, “we wish to inform that Ministry of Defence, Department of Defence Production, Government of India vide its Office Memorandum No. DDP-M0001(11)/2/2022-D(BDL) dated 30.08.2023, conveyed…

Falabella appoints Ashutosh Dabral as Managing Director for its India office

Falabella, a dynamic retail Latin American conglomerate and a leading global innovator at the forefront of revolutionizing retail and technology landscape, announced the appointment of Ashutosh Dabral as the Managing Director for Falabella, India. Set up in 2018, Falabella India has become the nucleus of innovation and technological evolution within the Falabella group. The innovation hub in Bangalore, which currently…

ShipEase raises $1M pre-Series A funding led by Inflection Point Ventures

ShipEase, India’s most efficient logistics company has raised $1 M in a Pre-Series A Round led by Inflection Point Ventures. The funds raised will be utilized in expanding the team, improving the technology, developing new efficient products and brand building, a statement said. ShipEase was founded by a trio of accomplished professionals. Pawan Kumar, the CEO, brings expertise…

Nextiva appoints Senthil Velayutham as Chief Product and Technology Officer

Nextiva, the leading business conversation platform, announced the appointment of Senthil Velayutham as Chief Product and Technology Officer (CPTO). Velayutham brings high-growth product and technology experience, and joins Nextiva to lead the company’s global engineering, product and technology teams. Most recently, Velayutham was Chief Product & Technology Officer at Trader Interactive, a Goldman Sachs and…

Apollo.io secures $100 mn Series D funding at $1.6B valuation

Apollo.io, the leading go-to-market (GTM) solution for sales and marketing teams, announced that it has raised $100M in Series D funding led by Bain Capital Ventures (BCV), with participation from existing investors Sequoia Capital, Tribe Capital, and Nexus Venture Partners. Following the company’s Series C in March 2022, this investment brings the company’s total funding to approximately $250 million while…

Aryastha Life Sciences secures Series A funding from Vessella Group

Aryastha Life Sciences, a leading Contract Research and Development Organization in healthcare, has achieved a major milestone by successfully concluding its Series A funding with significant backing from Vessella Group, a prominent investor in India. A strategic funding boost from Vessella positions Aryastha to reshape drug discovery and development in the pharmaceutical and biotech sectors. With…

Freshworks appoints Johanna Jackman as Chief People Officer

Freshworks Inc., a cloud-based customer service software company, announced the appointment of Johanna Jackman as the company’s new Chief People Officer (CPO). Johanna joins the executive team and reports to Freshwork’s Chief Executive Officer Girish Mathrubootham and President Dennis Woodside. Jackman will be responsible for the company’s global human resources strategy and operations, which oversees HR…

Maruti Suzuki India appoints Arnab Roy as CFO – Designate

Maruti Suzuki India Limited announced the appointment of Arnab Roy as Chief Financial Officer – Designate of the company, with effect from October 16, 2023. According to the company’s exchange filing, “In accordance with the applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Board in its…

Geotab wins Google Cloud Cross Customer Award 2023

Geotab Inc. (Geotab), a leading connected vehicle technology provider announced that it has been named a Google Cloud Customer Award Winner for 2023 Communications and Service Providers Industry. Geotab’s accomplishments in collaboration with Google Cloud showcase a transformational approach in using data and analytics solutions to improve efficiency, and sustainability in the transportation industry. “Connected vehicle…

Accenture acquires ATI Solutions Group

Accenture has acquired ATI Solutions Group (ATI), a Perth-based consulting service provider to the mining, energy and rail industries. ATI will enhance Accenture’s capabilities in West Australia, where specialized digital and industrial talent is in high demand. Terms of the transaction were not disclosed. ATI offers clients a broad skill set and has experience across a wide range…

P&G India appoints Mukta Maheshwari as its Chief Marketing Officer

Procter & Gamble India, maker of brands like Ariel, Whisper, and Gillette, has announced the appointment of Mukta Maheshwari as the Company’s Chief Marketing Officer (CMO) effective September 1, 2023. Along with leading the Marketing function, Mukta will also head the Fabric Care Category for P&G India. She brings with her a rich work experience of…

Parag Milk Foods Strengthens Management Team with Nine Key recent Appointments

Parag Milk Foods Limited, a leading manufacturer and marketer of dairy-FMCG products in India proudly announces the recent appointment of nine key executives, further fortifying its management team. With an established presence as a key player in the dairy industry, Parag Milk Foods maintains its commitment to elevating leadership and fostering innovation within the sector.…

RIL Board recommends appointment of Isha Ambani, Akash Ambani and Anant Ambani on the Board of Directors

The Board of Directors of RIL, at its meeting held on August 28, 2023, on the recommendation of the Human Resources, Nomination and Remuneration Committee, considered and recommended to the shareholders for approval of appointment of Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive Directors of the Company. Their appointment will take effect from…

FIDC appoints Umesh Revankar as new Chairman

The Finance Industry Development Council (FIDC), the representative body of asset and loan financing of the NBFCs in India, has appointed Umesh Revankar as its new Chairman. The managing committee elected Revankar unanimously in a meeting convened in Mumbai. He currently holds the position of Executive Vice Chairman for Shriram Finance Ltd., and brings with…

Beams Fintech Fund invests in Credgenics

Beams Fintech Fund, India’s first Growth Stage Fintech Fund, has invested an undisclosed amount in a Series B round of $50 million in India’s leading Debt Collection SaaS platform, Credgenics. Beams has invested alongside Westbridge and Accel in this round. Other investors in this company include Tanglin, Tital Capital, and DMI Finance. Founded in 2018 by Rishabh…