IT company Happiest Minds Technologies Limited announced today that it has signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited(PureSoftware) for a total purchase consideration of US $ 94.5 Million (₹779 Crores) (Upfront of ₹635 Crores on closing and deferred of upto ₹144 Crores payable at the end…
Accenture has entered into an agreement to acquire Navisite, a digital transformation and managed services provider. The addition of Navisite will bolster and scale Accenture’s application and infrastructure managed services capabilities to help clients across North America modernize their IT for the AI era. The terms of the acquisition from private equity investment firm Madison Dearborn…
Accenture announced the following leadership appointments, effective September 1, 2023: In their new roles, Sharma, Walsh, Ferneyhough, Daugherty and Narain will serve as members of Accenture’s Global Management Committee. As Chief Executive Officer – North America, Sharma will be responsible for Accenture’s largest geographic market, which generated $29B in revenues in FY22, and will be…
Accenture announced that effective July 1, Rajendra Prasad will become Accenture’s chief information and asset engineering officer, a new role that oversees all internal technology development and support for Accenture systems and Accenture assets for clients. “These leadership changes are integral to our strategic growth ambitions as we continue to push the boundaries of innovation…
Rezolve.ai, an AI-powered employee service SaaS platform based in California, announced that it has closed around $11 million in Series A — led by the SIG Venture Capital with participation from Exfinity Venture Partners and follow-on investments from existing investors 9Unicorns and Tri Valley Ventures. The funds will be used to scale growth and further…
Accenture announced changes to its executive leadership team, naming a new chief operating officer and a new group chief executive of its Operations service. Manish Sharma has been named chief operating officer, effective March 1, 2022, with responsibility for leading the company’s business operations and executing business strategy, protecting the company’s people and infrastructure and ensuring operational excellence,…
Accenture has acquired Zestgroup, a services firm specializing in energy transitions. Terms of the transaction were not disclosed. Zestgroup brings deep industry knowledge, project expertise and market regulation experience into helping organizations move to net-zero. These capabilities enhance Accenture’s ability to build more trusted, circular and net-zero value chains while driving social and economic benefits for all stakeholders. “By combining years…
PureSoftware, a software company focused on fintech, 5G and digital transformation, announced the opening of its first office in Kenya. This new office will further expand the reach of PureSoftware’s digital solutions and its software products – Arttha Fintech and Arttha5G in the continent, the statement said. The opening of Nairobi office will enable PureSoftware to…
Panasonic Corporation, one of the leading electronic companies, announced it has elevated its India business CEO Manish Sharma to the position of chairman, according to ET Bureau report. In his new role, Sharma will now assume responsibility of leading the various Panasonic businesses and subsidiaries in India such as operational excellence, appliances company and lifestyle updates business division, a…
Decimal Technologies has announced the appointment of Manish Sharma as Chief Business Officer for Saarathi, an AI-based lending marketplace. In his new role, he will lead Saarathi’s expansion, and will optimise the customer experience for the flagship offering of the company. A statement informed, “With over two decades of experience under his belt, Sharma has…
PureSoftware, a global IP-led product, and services company, announced the appointment of Noy Kucuk as Senior Vice President, to accelerate the company’s Hitech & Telecom Products and Services business. “Noy is an accomplished professional with an extensive career in wireless technology and engineering development,” said Anil Baid, Founder and Chief Strategy Officer, PureSoftware. “He is…