Accenture announced an extension of their strategic collaboration with Amazon Web Services (AWS) to help clients leverage the value of large language models (LLMs) and generative AI for faster business transformation, utilizing the most comprehensive and broadly adopted cloud. With a 15-year relationship, and as part of its existing strategic collaboration, Accenture and AWS—through the Accenture AWS…
Mahindra & Mahindra Financial Services Limited announced the appointment of Ashwani Ghai as Additional, Non-Executive Non-Independent Director on the company’s Board, with effect from June 23, 2023. According to the company’s exchange filing, “we hereby inform you that pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company have…
Shapiro+Raj, the largest minority-owned Insights company, announced the addition of Herminder Bains as Vice President, Head of Global Client Services. Bains brings over 20 years of research, strategic insights, and brand planning experience across consumer goods, pharma, and healthcare. Prior to coming on board at Shapiro+Raj, she held progressive leadership positions at Hall & Partners, Research Partnership…
Visa announced the appointment of Chris Suh as Chief Financial Officer (CFO). Suh, who succeeds longstanding Visa CFO Vasant Prabhu, will serve as CFO Designate from July 10 until August 1, when he will assume full responsibility for the role. As previously announced, Prabhu will depart the Company on Sept. 30, 2023, after assisting in…
The board of directors of Manappuram Finance Ltd has reappointed Mr. V P Nandakumar as the Managing Director and Chief Executive Officer with effect from April 01, 2024 upto March 31, 2029. The appointment is based on the recommendations of the Nomination Compensation and Corporate Governance Committee and subject to the approval of shareholders at…
The US-India Strategic Partnership Forum (USISPF) announced the appointment of Michael Miebach, Chief Executive Officer of Mastercard, to the Board of Directors. Miebach’s addition reflects a consistent commitment from the senior-most levels of Mastercard to strengthen the U.S.-India corridor and trade and commercial relations between the two countries, a statement said. Welcoming Miebach’s confirmation to the USISPF Board, USISPF…
PayPal Holdings, Inc. and KKR, a global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now, pay later (BNPL) loan receivables originated by PayPal in France, Germany, Italy, Spain, and the United Kingdom.…
Accenture has made a strategic investment through Accenture Ventures in Parfin, a leading provider of responsible, compliant Web3 infrastructure services to financial institutions in Latin America. Founded in 2019, with headquarters in London and Rio de Janeiro, Parfin offers digital asset custody, trading, tokenization and management tools to some of Latin America’s largest financial institutions. Accenture’s investment in…
Rural-fintech startup Navadhan has raised USD 1.5 million in Seed round led by Varanium NexGen, a fintech focussed fund. Existing investor Anicut Capital co-led the round where Gemba Capital also participated. Last year, the startup had raised pre-Seed funding from Anicut, BOPA, Flowstate and other angels like Prasanna Rao (Arya.ag), Sarah Djari (Impact Fintech PE). With…
The Yarn Bazaar, a purpose-led, online B2B managed marketplace, providing a one-stop solution for all yarn-related requirements, including discovery, trading, financing, logistics, advisory, and market intelligence services, thereby creating a favourable and efficient ecosystem for yarn buyers and sellers, has raised INR 150 million in their Pre-Series A Round. The investment was led by the…
Following the successful conclusion of the first edition of Krishi Mangal – a scale-up accelerator program to support Agritech enterprises working on solutions for smallholder farmers, Cisco and Social Alpha have selected the cohort of start-ups for its second edition. Initiated in 2021, the first edition of Krishi Mangal successfully impacted more than 17,000 farmers and led to the creation of 200+ jobs, facilitated 500+ micro-entrepreneurs and onboarded…
Squarespace Inc., the design-driven platform helping entrepreneurs build brands and businesses online, announced it has entered into a definitive asset purchase agreement with Google, whereby Squarespace will acquire the assets associated with the Google Domains business, which will be winding down following a transition period. This purchase includes approximately 10 million domains hosted on Google Domains…
Dhani Services (formerly Indiabulls Ventures) announced the appointment of Gurbans Singh as Executive Chairman on the company’s Board, with effect from June 18, 2023. According to the company’s exchange filing, “On the recommendation of Nomination & Remuneration Committee, the Board has appointed Mr. Gurbans Singh (DIN: 06667127) as Whole-time Director and Key Managerial Personnel, designated as…
LT Foods Limited, a global Indian Food brand, announced the appointment of Satish Chander Gupta as Additional Director on the company’s Board, with effect from June 16, 2023. According to the company’s exchange filing, “we wish to inform you that the Board of Directors on the recommendation of Nomination & Remuneration Committee approved, by passing…
Elective surgery marketplace startup Mykare Health has raised $2.01 million from accelerator programme operators OnDeck ODX, Huddle and others, according to ETtech report. The seed round also drew in renowned investors such as Avaana Seed, Endurance Capital, F Health, VeritasX, Stanford Angels, Phoenix Angels, Snap Asia Pacific president Ajit Mohan, Nazara Technologies joint managing director…