Category: News

Firmenich recognized as Global Environmental Leader by CDP

Firmenich has been ranked by CDP as a global environmental leader, the only company in its industry to have achieved triple “A” for climate change, water security and forests for the second consecutive year. Being one of only six companies worldwide with a triple “A” listing this year out of more than 8,400 assessed, the…

Colliers International India appoints Piyush Gupta as MD Capital Markets

Colliers International has announced the appointment of Piyush Gupta as the Managing Director of the Capital Markets business in India. Piyush has 19 years of experience in real estate investments, asset management and exit strategy, deployment and business development. Piyush will lead Colliers’ Capital Markets business in India and strengthen the market position of the…

Workfront appoints James Murray as EMEA Managing Director

Workfront, the work management application platform for the enterprise, announced that James Murray has been appointed the vice president and managing director of Workfront’s operations across Europe, the Middle East and Africa (EMEA). Murray brings 30 years of experience working in the technology industry and has spent the past two decades as a leader of…

SeQuent Scientific opens Animal Health R&D Centre in Mumbai

SeQuent Scientific Limited (SeQuent), which has businesses across Animal Health (Alivira) & Analytical Services, has announced the inauguration of a new state-of-the-art multifaceted and dedicated Animal Health R&D centre at Ambernath in Mumbai. This unique centre with strong injectable focus has capabilities to develop products of 8 different dosage forms including injectable solutions & suspensions,…

CyberMAK partners with Kore.ai for Digital Transformation

CyberMAK Information Systems, a global company in digital transformation, is pleased to announce partnership with Kore.ai, a globally recognized Conversational AI Platform. This partnership will help boost digital initiatives of clients by enabling human and machine interactions to be more conversational and effective. Through this partnership, CyberMAK along with Kore.ai will be providing an enterprise-grade,…

HCL Technologies enters Sri Lanka in a strategic investment

Signing an agreement with the Board of Investment (BOI) of Sri Lanka, HCL Technologies (HCL), a global technology provider, announced the establishment of its global delivery center in Colombo. Marking its presence within the region, HCL aims at boosting employment, providing resources and skilling the local talent to serve its global clients. A key part…

The Cranemere Group acquires Acquabella, establishes The Engineered Stone Group

The Cranemere Group, a holding company that partners with businesses for the long term, has formed The Engineered Stone Group to establish a leader in engineered stone bathroom products. This Group has acquired Acquabella, a leading European branded supplier of engineered stone shower trays and wall panels. Acquabella will operate under The Engineered Stone Group…

Moda Operandi raises $100 mn led by NEA and Apax

Moda Operandi, an online marketplace of right-off-the-runway luxury fashion, accessories and home decor, announced that the company has raised $100 million. The company plans to utilise funds to invest in its platform and technology as well as to continue growing business overall. Founded in 2010, Moda Operandi offers products from some 1,000 brands and designers…

Kemin appoints Leo Xie-Lei as President of Kemin AquaScience

Kemin Industries, a global ingredient manufacturer, has appointed Leo Xie-Lei as President of Kemin AquaScience, the company’s global business unit that serves the aquaculture industry with sustainable solutions as it shifts from wild-catch to farmed fish and shrimp. Xie-Lei is succeeding Kemin AquaScience’s first president, KP Philip, who will continue to lead strategic projects for…

WeWork appoints Sandeep Mathrani as CEO

WeWork announced the appointment of Sandeep Mathrani as its new Chief Executive Officer and a member of the Board of Directors, effective February 18, 2020. Mathrani holds an extensive leadership experience in the real estate sector. Mathrani will report to Marcelo Claure, who will remain Executive Chairman of WeWork. Mathrani replaces co-CEOs Artie Minson and…

Varroc to manufacture BMS for Danish company Lithium Balance in India

Varroc Engineering Limited, a Tier-1 auto component supplier, has entered an agreement to manufacture EV Battery Management System (BMS) in India for Lithium Balance A/S, a Danish BMS solutions provider. Under the agreement, Varroc will manufacture BMS for lithium-ion batteries for electric two-wheelers and three-wheelers at its manufacturing facility in Pune. Lithium Balance A/S is…

Platinum Equity completes $2.7 bn acquisition of Cision Ltd

Cision Ltd., a global provider of software and services to public relations and marketing communications professionals, announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion. “Cision is well established as the industry standard platform for communications professionals navigating an increasingly complex environment,”…

Cornerstone Payment Systems acquires Move Your Mountain

Cornerstone Payment Systems, a US-based independent sales organization in the merchant processing industry, announced the acquisition of Move Your Mountain. Move Your Mountain is a crowd-funding platform in the US that connects people to the heartbeat of their community with unique tools and passionate outreach, Move Your Mountain was founded in 2014. Move Your Mountain…

SEAL Professional secures undisclosed investment from Equanimity Ventures

Bayside Media Private Limited, which operates a flagship management training program called SEAL Professional has recently announced that it secured an undisclosed amount of investment in the Pre Series A round from Mumbai-based venture capital fund Equanimity Ventures. The company plans to use these funds for program support, development, and marketing. The company also aims…