Acronis, the global provider of cyber protection, has appointed cloud software and hosting industry veteran Patrick Pulvermueller as Chief Executive Officer, effective July 1, 2021. Pulvermueller succeeds Serguei Beloussov, who founded the company in 2003 and has served as CEO since 2013. Pulvermueller joins Acronis from GoDaddy, where he most recently served as President of…
Latham & Watkins LLP announced that Ravi Purohit has joined the firm as a partner in the Corporate Department. He will serve as a Global Vice Chair of the firm’s Energy & Infrastructure Industry Group and will be a member of the Mergers & Acquisitions and Private Equity Practices. Purohit will initially be based in the New York office…
Larsen & Toubro Infotech, a global technology consulting and digital solutions company, announced it has completed the acquisition of Cuelogic Technologies Private Limited (Cuelogic). According to the exchange filing, “In continuation to our previous disclosure vide letter no. LTI/SE/STAT/2021-22/33 dated June 16, 2021, thereby intimating inter-alia the signing of definitive agreement for acquisition of Cuelogic…
Fox Corporation announced the company’s new head of communications. Brian Nick has been named Executive Vice President and Chief Communications Officer. The role will be based in Los Angeles and will report to Lachlan Murdoch, Chairman and CEO of Fox Corporation. “We’re excited to welcome Brian to the FOX team,” said Lachlan Murdoch. “He’s a seasoned communicator who brings a wealth of…
Absci, the synthetic biology company unlocking the potential of proteins as next-generation therapeutics, announced two strategic hires joining its executive team: Nikhil Goel as Chief Business Officer and Dr. Sarah Korman as General Counsel. “As we continue to innovate and expand our work with partners to create new next-generation proteins, Nikhil and Sarah are well-positioned to help us strategically…
D2C startup Green Soul has announced that it has raised Rs 1.5 crore in revenue-based financing from Velocity. Ravi Khushwani, Founder and CEO, Green Soul, stated, “It is vital to have a seating setup that is comfortable and conducive to productivity. Regular office chairs do not provide adequate comfort and are not tailored to the…
CRMNEXT, a Noida-based digital and customer experience transformation firm, said that it has secured $16 million in Series B funding round led by Ascent Capital and Avataar Ventures. Nishant Singh, CEO & Founder of CRMNEXT, said, “We have been able to double ARR and register our highest-ever revenue and EBITDA in FY21 at a time…
Fountain9, an AI-led startup, has announced that it has raised $1.9 million in the seed funding round. The round saw participation from 021 Capital, Y Combinator, Titan Capital, Kunal Bahl, Harvard Seed Fund, US-based Globevestor, and Blue Impact Ventures. Speaking on the new investment, Niki Khokale, Co-founder and CEO at Fountain9, stated, “Globally, about $260…
Mastek announced that it has appointed former Wipro senior executive Hiral Chandrana as its Global Chief Executive Officer. Hiral will be based out of the US. Hiral has over two and half decades of global experience in IT Services and Solutions across a diverse set of industries. He has worked with Wipro Limited, Electronic Data…
SoftBank Group Corp. has announced that Mark Kornblau will join SBG as Global Head of Communications, effective August 16. Mr. Kornblau joins SBG from the NBCUniversal News Group, where he is currently Executive Vice President of Communications. Mr. Kornblau will be based in SoftBank’s New York office and will report to Masayoshi Son, Representative Director,…
Novo Holdings A/S, an international investor in healthcare and life sciences, has announced a strategic minority investment in Availity, a healthcare data and administrative networks connecting payer and provider throughout the United States. Availity was founded in 2001 and is headquartered in Jacksonville, Florida, with offices in Indianapolis, Indiana and Bangalore, India. The company employs…
Digital-first debt collections platform, based in Bengaluru, CanPe has announced that it has raised funding in Axilor led seed round. Yatra Angel Network, BetaPlus Capital Partners, Natarajan Ranganathan, and Manipal Technologies also participated in the funding round. Speaking on the announcement, Arindam Choudhury, Founder and CEO of CanPe, commented, “This funding comes at the right…
BeatO – India’s digital care ecosystem for chronic condition management – has raised USD 5.7 million in funding led by US-based venture capital firm, W Health Ventures. The funding also saw participation from e-pharmacy Unicorn PharmEasy (a Threpsi Solutions Pvt Ltd brand), Merisis VP and existing investors Orios VP, Leo Capital, and others. With this…
Digital consulting company ADROSONIC has appointed Mr Phillip Burgess as Head of Digital Assurance Services (DAS). Burgess, who brings with him 26 years’ experience in quality assurance from an array of fields, would be based in ADROSONIC’s London office. Burgess will be playing the role of Program Test Manager for one of ADROSONIC’s customer, providing…
Abracon, LLC has announced the acquisitions of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden and Hong Kong, respectively. The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong. “The addition of Proant is Abracon’s first acquisition in the antenna…