Cyber Group announced the promotion of Sankalp Shastri as Chief Technology Officer. Earlier, Sankalp was the Senior Vice President in the company. Sankalp has been working with Cyber Group for 9 years. During his tenure the company has grown 14 times the size it was a decade ago. Sankalp has a passion for technology, application…
CyberMDX, a leading provider of medical cyber security solution, delivering asset visibility and threat prevention for medical devices and clinical assets, announced that it has completed integration certification for the Microsoft Azure Security Center for IoT. Integrating CyberMDX visibility and detection capabilities with Microsoft Azure Security Center for IoT, healthcare organizations are equipped with cross-cloud…
Edtech and gaming startup AvalonMeta Ventures Pvt. Ltd recently announced that it has raised $420,000 (approx ₹3Cr) in funding led by Preeplays, a blockchain-based gaming company. Other investors include Chicago-based venture capital firm Purvi Capital and Abhinav Chhikara, former Design Head of Unacademy. AvalonMeta was founded by Varun Mayya, Shashank Udupa, and Abhinav Arora in…
Ride-hailing startup Uber has recently announced that it would strengthen its fintech process in India with the formation of Uber Money. It has even set up a team of over 100 technology professionals responsible for global financial products and technology innovations, at its Hyderabad Tech center. With the announcement, the company has surprised many who…
Decade-old question and answer based startup Quora, has recently announced that it will be laying off staff from its Bay Area and New York offices. The announcement was made by the company CEO on the website. In the statement, Chief Executive Officer Adam D’Angelo wrote that the layoffs and “organizational changes” were being pursued in…
Customer-to-customer real estate portal, NoBroker recently announced that it has acquired society management platform Society Connect in an all-cash deal. With the acquisition, NoBroker further aims to strengthen its hold in the visitor and community management space where it already has a strong presence with its application NoBrokerHood. The acquisition follows the launch of NoBroker’s…
RATIONAL – the world market and technology leader in the field of hot food preparation for professional kitchens announced an investment of several million euros for the Indian market. The company aggressively plans to tap the growing hospitality and start-up sector and make its presence stronger in their current markets. The investment will be utilized…
Global safety equipment manufacturer MSA Safety Incorporated announced that Glennis Williams has joined the company as Vice President and Chief Human Resource Officer. New to MSA, Williams joins the company’s Executive Leadership Team and succeeds Paul Uhler, who will retire from the organization in May. With more than 20 years of international HR experience, Williams…
In 2018, Sweden and India signed an innovation agreement. Sweden-India Transport Innovation and Safety Partnership (SITIS) is a strong and concrete example of how innovation cooperation between the countries actually happens, and can create global values in the security area. SITIS was launched in Stockholm, in the presence of Nitin Gadkari, Minister of Transport &…
Softbank-backed OYO has recently decided to lay off about 100 employees or 20% of its United Kingdom workforce. The recent development comes amid the ongoing restructuring of business at OYO. According to a report by Yahoo Finance UK, OYO was involved in a 30-day consultation with UK staff and concluded the process recently. As a…
Netskope, the leading security cloud, announced it was named the overall winner in the Business Intelligence Group’s 2020 Best Places to Work. The award recognizes companies that are actively working to improve their own performance through efforts to challenge employees in environments that make work fun and engaging. Of the 34 winners, Netskope received the…
Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has been honored as one of the Fortune Best Big Companies to Work For in 2020. TCS was specifically recognized for the strength of its management team, how the company embraces diversity as an asset, and the extent to which it helps…
Automobile manufacturer General Motors is currently planning to lay off around 1,500 employees in Thailand by June this year. The recent development comes after the company had announced the sale of its production plants in the country. According to a Reuters report, General Motors on Monday said that it would sell its two plants in…
Office-sharing startup WeWork recently named former Ernst & Young executive, Shyam Gidumal as the company’s new Chief Operating Officer. Shyam’s appointment is the first major appointment under the new Indian-origin CEO Sandeep Mathrani. Earlier in February, real-estate expert Mathrani was appointed as the Chief Executive Officer by the company. In a statement, CEO Mathrani said,…
Noida-based ed-tech startup Genius Corner recently announced that it has raised $250,000 from Singapore-based individual investors including Mahesh Mohta, Jyoti Arora, Nachu Subramanian, and Srivats. The company plans to utilize these funds to on-board additional 30,000 students on the platform. Commenting on the startup’s business model, Singapore-based Investor Mahesh Mohta said, “Genius Corner has a…