Mahindra & Mahindra, India’s leading SUV manufacturer, formally inaugurated its new design centre of excellence, Mahindra Advanced Design Europe (M.A.D.E), which will serve as the conceptual hotbed for the company’s portfolio of EV products. Physically present at the heart of innovation, M.A.D.E is located at the global automotive and EV hub of Banbury, Oxfordshire. Home…
The Board of Directors of Mahindra and Mahindra Limited, an Indian multinational corporation, one of the largest vehicle manufacturers by production in India and the largest manufacturer of tractors in the world, announced that Dr. Anish Shah, presently the Deputy Managing Director and Group Chief Financial Officer, would take over as the Managing Director and…
Mahindra & Mahindra Limited (M&M) announced that VS Parthasarathy, President – Mobility Services Sector and Member of the Group Executive Board, has decided to leave the Group effective close of 1 st April 2021, to pursue personal interests. He desires, in this next phase of his career, to leverage his rich professional experience to consult,…
Mahindra Group Chairman Anand Mahindra has invested in AgniKul Cosmos Pvt. Ltd., which testfired the country’s first 3D printed rocket engine last week. Srinath Ravichandran, co-founder and CEO of AgniKul Cosmos, has come on board as an angel investor in the Indian space startup. “As a hardware startup, we always are looking for others who…
AhaGuru, a Chennai-based online learning platform, announced that it has raised a Series A funding round led by an investment firm managed by Anand Mahindra’s family office. The company will use the funds to develop new technology features and online courses for high school students and increase its student base across the country as well…
Genrobotics, a Trivandrum-based robotics startup, has raised Rs 2.5 crore in a pre-Series A round led by existing investors Unicorn India Ventures. Anand Mahindra along with SEA Fund, as per YourStory report. Founded in 2015 by Arun George, Nikhil NP, Rashid Bin Abdulla and Vimal Govind MK, GenRobotic Innovations specialized in the design and development…
Mahindra Group Chairman Anand Mahindra recently announced that he has invested $1mn in Gurugram-based tech startup Hapramp. The three-year-old startup works on various technologies like social networking and blockchain. The investment from Mahindra ends his two-year-long quest in finding an Indian startup working in the field of social media. After the Facebook-Cambridge Analytica scandal in…
The novel coronavirus, which began from Wuhan in China last year, has now spread to every continent except Antarctica. The virus, which was originally expected to be China’s problem, has now become a global headache. So far the virus has infected 360,327 people and claimed more than 15,000 lives worldwide. The outbreak is now termed…
On the occasion of 71st Republic Day, the Government of India announced the list of prestigious Padma Awards naming 118 people as recipients. Among these awardees, 11 business leaders were also honored for their contribution to the trade and industry of the country. The recipients are eminent personalities from fields of art, trade and industry,…
After violence broke out inside the Jawaharlal Nehru University yesterday with masked goons barging into the campus, several businessmen and corporate leaders took to Twitter addressing their concerns on safety inside educational establishments and universities. Among these business leaders were industrialists Anand Mahindra,Harsh Mariwala, Apurva Purohit and Kiran Mazumdar Shaw who called for strict action…
In the wake of the new guidelines proposed by market regulator SEBI, Wipro Chairman Rishad Premji might lose his executive powers in the tech company after 1 April, as per a TOI report. In 2018, SEBI through its rules had directed the top 500 listed companies in India to ensure that their chairperson is a…