Category: News

Aumni Inc raises $10mn through Series A funding round

Aumni Inc., a SaaS company developing a robotic process automation and data analytics platform for private capital investors, has raised $10 million in Series A funding round led by SVB Financial Group, the parent company of Silicon Valley Bank. The round also included participation from existing investors Moneta Ventures, Next Frontier Capital and Quiet Ventures.…

Tech Mahindra launches Google Cloud Center of Excellence in Hyderabad

Tech Mahindra, a digital transformation, consulting and business re-engineering services and solutions provider, has announced the launch of a dedicated Google Cloud Center of Excellence (COE) to drive digital transformation of enterprises globally. Established in Hyderabad, the COE will provide enterprises with access to the technology and services they need to expedite their cloud migration,…

CureSkin raises $500k in a funding round led by SenseAI

CureSkin, an AI-dermatologist, has raised $500k in a latest funding round led by SenseAI Ventures. The company was founded by Guna Kakulapati, Rama Rajanna and dermatologist Charu Sharma in 2016. The company will use these funds to strengthen its technology and business growth. In a statement, Vinish Kathuria, Managing Partner, SenseAI Ventures said, “CureSkin’s use…

YOLO raises $600k in seed funding round

YOLO, an inter-city transportation and mobility platform, has raised $600,000 as seed funding from an undisclosed VC Firm and a couple of angel investors. The company was founded by Shailesh Gupta, Mukul Shah, and Danish Chopra in 2019. The company will utilize these funds in territory expansion plans, technology, and marketing strategies. In a media…

Match Group names Sharmistha Dubey CEO

Match Group has announced that after 14 years, Mandy Ginsberg will be leaving the company and stepping down from the Board of Directors. Ms. Ginsberg will be handing the reigns to her longtime deputy, Shar Dubey, who currently serves as the President of Match Group. Ms. Dubey will assume her role effective March 1. The…

Amol Soin named as JanOne’s Chief Medical Officer

JanOne Inc., a company focused on finding treatments for conditions that cause severe pain and bringing to market drugs and therapies with nonaddictive pain-relieving properties, announced the addition of Amol Soin, MD as the company’s chief medical officer. Soin has been recognized multiple times as one of America’s Top Doctors and is the recipient of the Patient’s Choice Award, an honor given only to the top 1% of physicians in the country.

JPMorgan to cut hundreds of jobs across consumer unit

JPMorgan Chase & Co. is planning to dismiss hundreds of employees from its consumer unit in an attempt to rein in costs. According to a Livemint report citing unidentified sources, the bank plans to notify the affected employees on February 6 and the job loss will be scattered across divisions. JP’s consumer unit houses deposits,…

Frost & Sullivan recognises Kronos for Human Capital Management Solution & Workforce Dimensions

Based on its recent analysis of the North American workforce and human capital management (HCM) market for healthcare, Frost & Sullivan recognizes Kronos incorporated with the 2020 North America Company of the Year Award. The company’s Workforce Dimensions suite provides exceptional business efficiencies that facilitate superior employee engagement to drive patient satisfaction while helping to…

Cisco appoints AMD President and CEO Lisa T. Su to the Board

Cisco has announced the appointment of Dr. Lisa T. Su, AMD president, and CEO, to its board of directors effective today. Chuck Robbins, chairman, and CEO, Cisco said, “Lisa is an accomplished business leader with deep expertise in the semiconductor industry. We look forward to her contributions to Cisco’s board and our business as we…

Jay Parikh resigns from Facebook’s engineering division

Vice President of Facebook’s engineering department Jay Parikh on Tuesday announced that he is leaving the company. He is the newest addition to the long list of executives who left the company over the past years. Parikh, who was considered to be instrumental in creating the data center infrastructure of the company will be succeeded…

ESR to build a logistic park in 77 acres at Sohna

ESR, the largest APAC focused logistics real estate platform, has recently announced that it acquired 76.84-acre land in southern Gurugram’s Sohna to develop a logistics park.  The company said in a statement, “ESR acquired the land-parcel, formerly a part of keystone knowledge park, the first and only premier life science and technology ecosystem in Northern…

SHL joins Velocity Network to empower Talent Worldwide

SHL, a talent innovation company, has announced its role as a founding member of the Velocity Network Foundation, a nonprofit member-based consortium of 15 multinational, enterprise labor market companies with a shared goal to become the world’s first blockchain-powered “internet of careers.” The goal of this venture is to empower employees to claim and manage…

Kearney appoints Arjun A. Sethi as new Head of Asia Pacific

Kearney, a global management consulting firm, has named Arjun A. Sethi as the Regional Chair (elect) and new Head of Asia Pacific effective May 1, 2020. Arjun will oversee the business strategy and operations of Kearney’s business across Australia and New Zealand, Greater China, India, Japan and Southeast Asia. “Our Asia Pacific practice has been…

Capsave Finance appoints Krishan Varma to its Board

Capsave Finance Pvt. Ltd., a non-banking finance company providing leasing and financing solutions, has announced the appointment of Krishan Varma to its Board of Directors. “We welcome Krishan to the Board of Directors of Capsave Finance, and we look forward to working with him to further strengthen our corporate governance and continue operating as a…

IMG strengthens its Leadership team

As International Medical Group continues to experience globalized growth in both product and assistance service offerings, IMG has announced several changes to its leadership team. In addition to three promotions of current company leaders, IMG has also added a new member to its team as it looks to carry many of 2019’s successes into 2020.…