Month: October 2021

55% of India’s employed professionals report feeling stressed: LinkedIn

Online professional network LinkedIn has launched a special ‘mental health’ edition of the Workforce Confidence Index to address the prevalence of work stress in India, and how professionals expect greater flexibility to keep their mental health in check. Based on the survey responses of 3,881 professionals from July 31 to September 24, findings reveal that…

Sovan Mandal joins Valocity India as Chief Executive Officer

Valocity, a finTech company that digitizes the property valuation process with its cloud-based Valuation Ordering Platform, has announced the appointment of Sovan Mandal as its Chief Executive Officer (CEO) for Valocity India. Sovan brings over 20 years’ experience in financial services in India and abroad. Prior to joining Valocity, he was Chief Business Officer at…

Advantage Club to hire 100 employees within this financial year

Global HRTech startup Advantage Club has announced the company’s plan to hire 100 employees to ramp up its current employee strength of 70 to 170 by the end of the financial year 2021 to turbocharge its 20% month on month rate of growth, and expand its presence in international markets, especially SEA, MENA, and North…

mPokket appoints its first Chief Data & Analytics Officer

mPokket – an Instant Loan App providing loans to college students and young working professionals – is set to augment its management team. The Company has announced the appointment of Maninder Singh Grewal to the newly-created position of Chief Data & Analytics Officer. According to the announcement, the hiring is in line with mPokket’s focus…

Colliers appoints Nachiket Bhatwadekar as Senior Director, Mitesh Pednekar and Rahul Kanungo appointed Director, Office Services for Mumbai region

Colliers announced the appointment of three senior executives for its Office Services team based in Mumbai, effective immediately. With the joining of these senior hires with experience at CBRE and JLL, Colliers will further strengthen its transactions capability for Office Services in the city of Mumbai, the company said in its statement. With more than…

RITES Ltd appoints Rahul Mithal as Chairman & Managing Director

RITES Limited announced the appointment of Rahul Mithal as Chairman and Managing Director of the company, effective October 7, 2021. According to the exchange filing, “we wish to inform that Ministry of Railways vide its letter no 2020/E(O)ll/40/7 dated 06th October, 2021 has appointed Shri Rahul Mithal (DIN-07610499) as Chairman & Managing Director w.e.f. 07.10.2021…

Instacart acquires FoodStorm

Instacart, the online grocery platform in North America, has announced its acquisition of FoodStorm, a SaaS order management system (OMS) that powers end-to-end order-ahead and catering experiences for grocery retailers. With this acquisition, Instacart is expanding its enterprise technology portfolio to further support its retail partners’ ecommerce needs, investing in more innovative technology solutions. “As…

Twitter to sell MoPub to AppLovin for $1.05 bn

Microblogging platform Twitter has agreed to sell MoPub to marketing software company AppLovin Corporation, for $1.05 billion in cash. The transaction will enable Twitter to accelerate the development of owned and operated revenue products and drive growth across key areas for the service including performance-based advertising, small and medium-sized business (SMB) offerings, and commerce initiatives. Twitter believes AppLovin…

Cyber Group names Pratik Malviya as newest Vice President

Cyber Group Inc. has announced the promotion of Pratik Malviya to Vice President. “Pratik will continue to lead technology teams to create value for our customers. Growing our colleagues to provide exceptional customer service has been our mantra to run Cyber Group. Since we have a strong college recruiting program, we hire quite a few…

Unispace acquires experiential design company Downstream

Unispace, a global workplace construction, design and strategy company, announced the acquisition of Downstream, a global experiential design company. Blitzer, Clancy & Company advised Unispace in the acquisition of Downstream and the terms of the agreement were not disclosed. “Work is no longer just a place; the focus is experience. Downstream’s team and focus enhance our ability…

TerraPay appoints Deepak Bhutra as the President of Business Development and Strategy – Payments

TerraPay, a global payments infrastructure company, has announced the appointment of Mr. Deepak Bhutra as the President of Business Development and Strategy-Payments. Deepak brings in over two decades of frontline industry experience across various organizations. In his new role, Deepak would be focusing on expanding TerraPay’s payments domain and spearheading its growth. According to the…

KKR appoints Co-Founder of Snap Evan Spiegel as Independent Director

KKR & Co. Inc. announced that Evan Spiegel has been appointed to the Board of Directors of KKR & Co. Inc. His appointment will bring the number of independent directors to eleven out of a total of fifteen Board seats. Spiegel is the Co-Founder and Chief Executive Officer of Snap Inc., a publicly traded camera company that believes reinventing the camera…

Aurionpro announces expansion plans; enters strategic deal in Maldives

Aurionpro announced that SC Soft Pte Ltd, a Singapore based subsidiary of the company, has been selected as the solution provider of EMV Open Loop Account Based ticketing system as part of the digitization of Transportation solutions across Maldives for the Maldives Transport Contracting Company (MTCC). SC SOFT in this project will be the technology…

24-7 Intouch acquires Goodbay Technologies

24-7 Intouch has announced that it has acquired Goodbay Technologies, a provider of digital business process outsourcing services. The acquisition includes additional on-campus and work-from-home capabilities for 24-7 Intouch in India, the Philippines, and Jamaica, as well as offices in Austin, Texas. “Our new acquisition is an exciting opportunity to strengthen our core digital offerings…