Frog, a bicycle brand owned by Mumbai-based AlphaVector, announced that it has raised fresh funds from Avaana Capital. Rohit Bansal and Kunal Bahl as part of Titan Capital have also participated in the fresh funding round. Frog is focusing on innovations to improve the bicycling experience for everyone. The company is also trying to disrupt…
India’s startup in the defence sector, Big Bang Boom Solutions Pvt. Ltd., was accorded the prestigious SKOCH award. At a recently held ceremony at New Delhi, the company was conferred the highest individual honour for Boron Nitrate Based Personal Hybrid Combat Armor. Praveen Dwarakanath, CEO, BBBS, said, “For a young firm like ours, it is…
Prakriti E-Mobility has signed an agreement with India’s integrated power utility company, Tata Power, to provide charging infrastructure to support Prakriti’s EV Taxi fleet in Delhi-NCR. Prakriti E-Mobility, co-founded by Nimish Trivedi, Vikas Bansal and Rajeev Tiwari, is an app-based Electric Vehicle (EV) taxi service provider. This will be a service agreement between Prakriti E-Mobility…
National Skill Development Corporation (NSDC) has announced its partnership with Salesforce, the global provider in customer relationship management (CRM), to enhance NSDC’s skill development and capacity building initiatives through Trailhead, Salesforce’s free online learning platform that empowers anyone to skill up and increase one’s job prospects in the digital economy. By 2022, more than 120…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, has been recognised as a Leader in the Everest Group PEAK Matrix for Supply Chain Management (SCM) BPO1. Additionally, it was named a Star Performer for having top quartile year-on-year improvement in its scores. According to the report, TCS has a closely integrated…
Hindustan Aeronautics Limited (HAL), Israel Aerospace Industries Limited (IAI) and Dynamatic Technologies Limited (DTL) signed a Memorandum of Understanding (MoU) for marketing, manufacturing and selling of IAI’s Unmanned Aerial Vehicles (UAVs) to Indian potential customers such as Indian Defence Forces, Paramilitary Forces and Central Armed Police Forces at DefExpo 2020. The MoU was signed between…
Velodyne Lidar, Inc. announced Mathew Rekow as its new Chief Technology Officer. Rekow assumes the CTO role following Anand Gopalan, who was recently named Velodyne’s Chief Executive Officer. As CTO, Rekow leads Velodyne’s customer-focused advanced research and development team. Since joining the company in 2015, he has had a significant impact on Velodyne engineering and…
Infor, a global business cloud software company, announced that an affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, Inc., has entered into a definitive agreement to acquire the remaining equity stake in Infor held by Golden Gate Capital. Financial terms of the transaction were not disclosed. At the close…
Savage Enterprises, a global Hemp and Vaping industry has announced the acquisition of California-based startup Zen Panda, a burgeoning manufacturer of Kratom and Kava-based products. Formed just a few short months ago, Zen Panda to introduce an array of Kratom and Kava products aimed at a bustling market of wellness chasers and pleasure seekers. With…
PTW, a games, digital entertainment and interactive media solutions provider, announced that the company has appointed Andy Emery as Chief Operating Officer. Andy joined the company in 2015 through the acquisition of his company SIDE, which transformed PTW’s audio line of business. Post SIDE acquisition, Andy became an integral part of the PTW executive team.…
Michael Ronen, the U.S. Head of SoftBank Group’s $100 billion Vision Fund, is leaving after expressing concerns about “issues” at the technology conglomerate, as per a media report. In 2017, SoftBank Group launched the $100 billion SoftBank Vision Fund and recruited Ronen from Goldman Sachs. As per the report Ronen has been negotiating the terms…
OYO Vacation Homes and its brand Belvilla has announced that it has entered into a strategic alliance with Germany based e-domizil GmbH, to acquire TUI’s vacation homes tour operator business. e-domizil has recently announced to acquire from TUI the combined business TUI Wolters GmbH. The parties have agreed not to disclose the purchase price. The…
Fractal, an artificial intelligence and analytics provider, has announced a technology partnership with ideaForge, a global company in Unmanned Aerial Vehicle (UAV) Technology. Both organizations will join hands to provide Artificial Intelligence-based drone solutions useful for crowd monitoring, people & objects detection, object tracking and triggering alerts for actions. Fractal and ideaForge will showcase their…
Philip Morris International Inc. (PMI) has been recognized as a global leader in sustainability performance and disclosure by CDP—an international nonprofit that collects data to help decision-makers reduce risk, capitalize on opportunities and drive action toward a more sustainable world. In CDP’s most recent rankings, PMI earned a position on the prestigious Water Security A…
Zensar, a digital solutions and technology services company that specializes in partnering with organizations across industries on their digital transformation journey, announced that is has been featured as a Leader in the ISG Provider Lens Digital Business Solutions and Service Partners U.S. 2019-20. Zensar has been recognized as a Rising Star USA for Digital Product…