Comviva, the global leader in customer experience and data monetization solutions, announced that it has been conferred with Frost & Sullivan’s ‘Digital Marketing Company of the Year‘ award for the Asia-Pacific region. Each year, Frost & Sullivan presents a ‘Company of the Year’ award to the organization that demonstrates pathbreaking technology excellence and customer centricity. The award recognizes technology innovation and the…
Indus Towers Limited, India’s largest telecom tower company, announced that Vinod Sivarama Krishnan has resigned from the role of Chief Information Officer of the company, with effect from September 30, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 read with Schedule III of the Listing Regulations, we hereby inform you that Mr.…
Shaadi.com, India’s no. 1 matchmaking platform announces the opening of its new office in Pune, from August 2023. This significant step heralds a fresh chapter for the company, setting the stage for a broader nationwide presence. With Maharashtra being one of the important markets for the Shaadi.com, this move will fortify its presence in the state. The…
Global investment firm KKR and PAG, a leading alternative investment firm focused on Asia Pacific, announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co (“AVC”). Financial terms of the transaction were not disclosed. AVC is an established food and beverage hospitality business that owns and operates…
Shoppers Stop Limited announced the promotion of Kavindra Mishra, Chief Commercial Officer and CEO Homestop, as its Executive Director & CEO, subsequent to the resignation of its Managing Director & CEO, Venu Nair. Before joining Shoppers Stop as Chief Commercial Officer and CEO of Homestop, Kavindra Mishra (Kavi) was working as the Managing Director and…
The Board and management of Syrma SGS Technology Limited, a electronic design and manufacturing company (Syrma SGS), announced Satendra Singh as CEO of the Company. He will report directly to Managing Director, Jasbir Singh Gujral, as he joins the management team at Syrma SGS to contribute and further enhance the growth journey. Satendra will join…
Cyril Amarchand Mangaldas acted as legal counsel for Navi Technologies and Navi Finserv on sale of 100% stake in their microfinance subsidiary Chaitanya India Fin Credit, to Svatantra Microfin, a group company of the Aditya Birla Group, for a purchase consideration of Rs. 1479 Crore. Chaitanya is engaged in business of providing microfinance loans to joint-liability groups and is…
Ed-FinTech startup GradRight announced that it has successfully raised ₹50 crore in Series A funding from IvyCap Ventures, a renowned homegrown venture capital firm. The infusion of funds will serve as a catalyst for GradRight’s vision to transform college selection and financing for students through its AI-powered ecosystem of universities and banks. GradRight aims to…
OnSolve, a leading critical event management provider that enables organizations to mitigate physical threats and remain agile when a crisis strikes, announced the opening of a new technology office in Bengaluru, India. The news marks an important milestone in the company’s growth and innovation strategy, reinforcing its commitment to advancing OnSolve’s AI-powered platform. The Bengaluru…
ZEISS, a provider of measurement solutions, announced the opening of its new Quality Excellence Center (QEC) and contract measurement services in Delhi, India on August 23, 2023. These new facilities will provide manufacturers in and around the Delhi area with access to the latest in metrology technology, expertise, and support services in all aspects of quality…
Pi-xcels, an innovative leader in digital receipt solutions, has completed its Seed funding round, raising US$1.7 million. The round was led by Wavemaker Partners, with participation from other prominent venture capital firms such as Hustle Fund, Amand Ventures, and Black Kite Capital, as well as strategic angel investors. The round marks a momentous step towards realising…
Infosys Foundation, the philanthropic and CSR arm of Infosys, announced the winners of the third edition of the Aarohan Social Innovation Awards. These awards, established in 2018, aim to recognize and reward individuals, teams, and NGOs for creating pathbreaking solutions for social good, benefiting the underprivileged in India. This year, Infosys Foundation recognized winners across three categories:…
Parex Resources Inc. (Parex), the largest independent oil and gas company in Colombia, announced the appointment of Sanjay Bishnoi to Chief Financial Officer, effective October 2, 2023. “We are excited to welcome Sanjay to the Parex team,” said Imad Mohsen, President & Chief Executive Officer. “Bringing an extensive international background in strategy, corporate finance and…
Samsung Biologics, a global contract development and manufacturing organization (CDMO), announced the appointments of Gail Ward as Executive Vice President and Head of the Quality Center, and Sojeong Lee as Vice President and Head of Regulatory Affairs. A seasoned pharmaceutical executive, Ward has almost four decades of extensive quality experience in both large pharmaceutical companies and entrepreneurial…
Baby care brand SuperBottoms said it has raised $5 million in a funding round led by Lok Capital and Sharrp Ventures, according to ETtech report. The company will employ the funds to expand offline with a greater store presence and include more products in the mom and baby care range, a statement said. The startup…