IIFL Samasta Finance, which is one of India’s largest non-banking microfinance companies (NBFC-MFI), said that Former Chairman of NABARD, Dr. Govinda Rajulu Chintala has joined as independent director and Chairman of the Board at IIFL Samasta Finance. The microfinance company also announced the appointment of three other members to its Board of Directors. Besides Former Chairman of ..read more

Former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal have raised $26 million in seed money for their omnichannel fashion startup Lyskraft, making it one of the largest early-stage rounds for an Indian startup amid the ongoing funding crunch, according to ETtech report. The round was led by Peak XV Partners, formerly Sequoia ..read more

nexeye announced that a definitive agreement has been signed whereby investment funds and accounts managed by KKR agreed to acquire the Company from investment firm 3i Group plc. Headquartered in Gorinchem, the Netherlands, nexeye is a leading European provider of value-for- money eye care operating under the Hans Anders, eyes + more and Direkt Optik ..read more

Rimini Street, Inc., a global provider of end-to-end enterprise software support, products, and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the appointment of Steve Hershkowitz as its new Chief Revenue Officer (CRO). “Steve’s leadership and extensive experience scaling businesses to deliver top-line growth will expand ..read more

Congruent Solutions, a leading provider of Software-as-a-Service (SaaS) and outsourced plan administration services to the retirement industry in the U.S., announced the appointment of Mahesh Natarajan as its Chief Revenue Officer. Natarajan is an acknowledged techno-business leader in the insurance and retirement industry, having spent over 25 years with Cognizant (NASDAQ: CTSH), serving clients in ..read more

WNS (Holdings) Limited (WNS), a leading provider of global digital-led Business Process Management (BPM) solutions, announced that Arijit Sen, the company’s Corporate Financial Controller, has been appointed Chief Financial Officer (CFO) effective July 25, 2024, succeeding Sanjay Puria who has chosen to step down for family reasons. Sanjay will remain with WNS in an advisory ..read more

Endimension Technology, a healthcare AI startup has raised INR 6 Crore in Pre-Series A round led by Inflection Point Ventures. Other investors in this round include Sucseed Indovation, SINE IIT Bombay and individual angel investors. Endimension Technology, incubated at IIT Bombay, is driven by the vision to harness AI technology in radiology, ensuring early and precise diagnosis ..read more

Kulfi Collective, a leading creative network in India that functions at the intersection of content, community and culture, has announced the appointment of Divya Karani as Chairperson and Executive Director of its Board. Divya’s three-decade journey has shaped her into a pivotal figure in steering some of the largest advertising and media groups across India ..read more

IBM and HashiCorp Inc., a leading multi-cloud infrastructure automation company, announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate ..read more

Deluxe, an entertainment media organisation, has appointed Pandi Alagu Raja Mahamuni as the Head of People and Culture, according to ETHRWorld report. “I am thrilled to announce that I have started a new position as Head – People & Culture in Deluxe,” Mahamuni shared in a LinkedIn post. Prior to joining Deluxe, Mahamuni was associated ..read more