Registry management and data solutions company Somos, Inc., recently announced the hiring of Sridhar Ramachandran as its Senior Vice President and Chief Technology Officer. In his new role, he will be directly reporting to Gina Perini, Somos’ President and Chief Executive Officer. The company said in a statement, “Ramachandran will work closely with Perini as…
Leading Indian watchmaker Titan recently at a product launch event announced that it has acqui-hired Hyderabad-based IoT (Internet of Things) start-up HUG Innovations. Speaking at the launch event Titan CEO for Watches & Accessories S Ravi Kant said that the HUG Innovations team of 23 employees along with the founder Raj Shekhar Neravati have joined…
Wipro Limited, a global information technology, consulting and business process services company, and Smart Energy Water (SEW) have announced a multi-year global strategic alliance. This partnership aims to develop and deliver joint solutions, which will accelerate digital transformation for enterprise clients in the utilities space globally. Headquartered in California, SEW is a global energy and…
Skylo Technologies has recently announced its latest rounds of investments. The startup raised $13mn through its Series A funding round from Doll Capital Management (DCM), Innovation Endeavors, and Moore Strategic Investors. The startup also announced that through its Series B funding it has raised $103mn from SoftBank Group and existing investors. The San Mateo-based startup…
India- and US-based firm, Inventus Capital Partners, has announced the final close of its third fund at $51.98 Mn. Inventus Capital raised its first fund of $51 million in 2009 and the second one closed with commitments of $106 million in January 2014, both of which had a focus on US and India. The fund…