Wibmo, a global leader in digital payments and payments security solutions, announced the appointment of Suresh Rajagopalan as its new Chief Executive Officer. He succeeds Govind Setlur, who will now function in an advisory capacity chairing Wibmo’s Advisory Council, as the organization accelerates its international expansion. Suresh will report to Anirban Mukherjee, CEO, PayU India. […]
Month: October 2020
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced the launch of TCS Workforce Analytics, an AI-based unified system of engagement, insights and foresight for employees, managers and CXOs, designed to enhance productivity and workforce experience. The new solution is designed to help enterprise deal with the talent management challenges of […]
HomeLane, a tech-based home interior company said that it has elevated Tanuj Choudhry as its Co-Founder and Chief Operating Officer, according to media reports. In his new role, Tanuj will be responsible for managing the overall business operations and driving the long-term growth strategy, HomeLane said in a statement. Tanuj joined the company as Vice […]
Ultraviolette Automotive, a technology startup working on electric two-wheelers and energy infrastructure, announced that it has raised funds as part of Series B funding led by Kumar Vembu, CEO of GoFrugal Technologies, according to YourStory report. Earlier in September, the startup raised Rs 30 crore from TVS Motor Company, as a part of its ongoing […]
ALTBalaji, a homegrown OTT platform wholly-owned by Balaji Telefilms Limited, announced that it has acquired 17.5% stake in Tring, an online celebrity digital engagement platform. “Tring is the market leader in the celebrity video shoutout space, and this investment values Tring at about INR 100 crores in a short period since its launch in February […]
Edelweiss Alternative Asset Advisors, a part of Edelweiss Asset Management (EAM), one of India’s leading asset management platforms, announced the final close of its $900 mn alternative investment fund – ESOF III. “This fund raise, amidst subdued economic climate, is a strong endorsement of the opportunities in the Indian alternative asset management space, as well […]
Genius Learning Labs, India’s best quiz-based learning app built by IITians to learn Math, Science & English, announced that it has received $2 million angel funding from a clutch of top chief executives, according to the ETtech report. Investors that participated in the funding round include Abhijit Bose – WhatsApp India CEO; Kunal Shah (CEO, […]
ABB and IBM announced a collaboration focused on connecting cybersecurity and operational technology (OT). As a first result of this collaboration, ABB has developed a new OT Security Event Monitoring Service1 that combines ABB’s process control system domain expertise with IBM’s security event monitoring portfolio to help improve security for industrial operators. To better connect […]
boAt announced some key changes to its executive team. The mobile & audio accessories brand appointed Sushant Dalmia as Chief Financial Officer. The company has also appointed Damandeep Singh Soni as Vice President – Growth, Divyanshu K as Vice President – Strategy and Pankaj Raut as Vice President – Supply Chain. The team will work […]
Suzlon Group, India’s largest renewable energy solutions provider, announced that it has appointed Ashwani Kumar as its Group CEO. Ashwani Kumar, with over three decades of experience in the areas of projects, business development and finance at leading Indian Power and Infrastructure companies is a Mechanical Engineer, and an alumnus of IIM Bangalore and The […]
Polygon.io, a market data platform that allows developers to interface with the world’s most accurate real-time and historical financial data, announced that they have raised a $6 million Series A financing led by e.ventures. Existing investor Green Visor Capital also participated in the funding round. Thomas Gieselmann, co-founder of e.ventures and early investor in companies […]
Starburst, the world’s first and only global aerospace and defense accelerator, announced its expansion into India to engage directly with vibrant local aerospace and defense startups and facilitate communication between aerospace and defense corporates and innovative startups within domestic and global landscapes. As part of the expansion, Starburst is deploying a local consulting team and […]
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Lilly to acquire Disarm Therapeutics
Lilly, a global healthcare leader that unites caring with discovery to create medicines that make life better for people around the world has announced a definitive agreement to acquire Disarm Therapeutics, a privately-held biotechnology company creating a new class of disease-modifying therapeutics for patients with axonal degeneration. Disarm has discovered novel, potent SARM1 inhibitors and […]
Karat, the standard for technical interviewing announced that Goldman Sachs is recognizing Karat co-founder, Mohit Bhende, as one of the 100 Most Intriguing Entrepreneurs of 2020 at its Builders + Innovators Summit. Goldman Sachs selected Mohit as one of 100 entrepreneurs from multiple industries to be honored at the two-day event. As an executive at […]
Chiper, a Latin America’s top e-commerce platform enabling corner stores in the region to grow and thrive, announced it has raised a $12 million Series A round from WIND Ventures, Monashees and Kaszek Ventures. The company, which has built the largest branded network of digitized corner stores in Latin America, will use the money to […]