Adani Group is all set to acquire Holcim’s stake in ACC and Ambuja Cement for $10.5 billion

Adani Group is all set to acquire Holcim’s stake in ACC and Ambuja Cement for $10.5 billion

The Adani Group recently reported it has made agreements to obtain Swiss concrete major Holcim’s whole stake in two of India’s driving concrete organizations – Ambuja Cements and ACC, for $10.5 billion. The arrangement, charged as the biggest ever M&A exchange in the foundation and materials space, denotes the section of the Ahmedabad-settled Adani Group…

Vijayalakshmi Swaminathan Chief People Officer (CPO) at Pine Labs

Former Amazon India HR head Vijayalakshmi Swaminathan appointed as the Chief People Officer (CPO) at Pine Labs

Ecommerce platform Pine Labs today reported the appointment of Vijayalakshmi Swaminathan as the organization’s Chief People Officer (CPO). She takes over from Anu Mathew who will currently progress into the job of the head of learning and improvement at Pine Labs. Swaminathan joined Pine Labs from Amazon India where she was doing the HR work.…

$35 Mn raised by GoKwik in series B round led by Think Investments & RTP Global

$35 Mn raised by GoKwik in series B round led by Think Investments & RTP Global

E-commerce enablement company GoKwik has brought $35 million up in a series B financing round led by San Francisco-based Think Investments and RTP Global. The round additionally saw support from existing financial backers Sequoia Capital India and Matrix Partners India. The new financing follows GoKwik’s $15 million series A round in November 2021, getting complete subsidizing…

$5 million raised by HONO, an HR tech solution company, in series A funding

$5 million raised by HONO, an HR tech solution company, in series A funding

HONO, a main HR tech solutions company, on Wednesday reported it has brought $5 million up in a series A financing round driven by Aakash Chaudhry, overseeing head of Aakash+byju’s, a test preparation organization. While Chaudhry put $4 million in the AI-driven employee experience stage, the rest of million came from other individual financial backers…

Paymob, a fintech platform secures $50 Million Series B Funding led by PayPal

Paymob, a fintech platform secures $50 Million Series B Funding led by PayPal

Egyptian fintech Paymob has reported that it has brought $50 million up in Series B financing. Tround was driven by PayPal Ventures, the worldwide corporate endeavor arm of PayPal, alongside New-York-based investment Kora Capital, and London-based Clay Point. New financial backers included Helios Digital Ventures, British International Investment (previously the CDC Group) and Nclude, the…