Abhishek Ganguly, the outgoing head of PUMA India, has raised around $52 million (Rs. 430 crore) for his new sportswear and athleisure startup Agilitas Sports. The first round of funding for the startup was led by Convergent Finance LLP, whose other portfolio companies include Hindustan Foods Ltd, JI Foods, Camlin Fine Sciences, and Borosil Renewables.… Continue reading Outgoing PUMA India execs grab $52m funding for new sportswear startupThe first round of funding for the startup was led by Convergent Finance LLP
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India Digest: Lifestyle brand XYXX, e-con Systems bag funding
Lifestyle brand XYXX has raised $13.5 million in Series C funding led by Amazon Smbhav Venture Fund, while embedded vision technology firm e-con Systems has raised $12 million in funding from GR 2022 Holdings. XYXX raises $13.5m from Amazon Smbhav XYXX has raised $13.5 million in Series C funding led by Amazon Smbhav Venture Fund.… Continue reading India Digest: Lifestyle brand XYXX, e-con Systems bag funding
@Ford: Ford to Provide Strategic Update, KPIs, Performance Targets, At Upcoming ‘Delivering Ford+’ Capital Markets Event
DEARBORN, Mich.–(BUSINESS WIRE)–Progress and expectations for the Ford+ plan and how the company’s new, customer-centered, business segments drive value creation and growth will define Ford’s upcoming capital markets event. “Delivering Ford+” is scheduled for next Monday, May 22, starting at 8:00 a.m. ET. During the event, Jim Farley, president and chief executive officer; John Lawler,… Continue reading @Ford: Ford to Provide Strategic Update, KPIs, Performance Targets, At Upcoming ‘Delivering Ford+’ Capital Markets Event
Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
CHONGQING, China, May 12, 2023 /PRNewswire/ — On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company’s future development. Continue Reading image_5003628_25470621 Changan Auto’s sales volume in 2022 reached 2.346 million vehicles, a year-on-year… Continue reading Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
WorkJam Partners with Worldwide Flight Services to deliver its Digital Frontline Workplace
Worldwide Flight Service is a global air cargo logistics leader and best-in-class ground-handling partner WorkJam and Worldwide Flight Services will empower the logistics leader’s employees with a range of frontline communication and employee engagement tools LONDON, May 12, 2023 /PRNewswire/ — WorkJam, the world’s leading digital frontline workplace for organisations has today announced a partnership… Continue reading WorkJam Partners with Worldwide Flight Services to deliver its Digital Frontline Workplace
Kazarian Foundation Selects Portugal for European HQ
WASHINGTON, May 12, 2023 /PRNewswire/ — The Charles & Agnes Kazarian Foundation (Kazarian Foundation), a U.S. mid-size non-profit focused on Government Financial Management (GFM) has selected Portugal as the location for its first European headquarters. The Kazarian Foundation’s core competency is to improve Government Financial Management (GFM) and Government Total Balance Sheet (GTBS) literacy. The… Continue reading Kazarian Foundation Selects Portugal for European HQ
Fashion Company DeFacto attends ShopTalk2023 in Barcelona
“To be ahead, you must invest in technology and digitalization today.” BARCELONA, Spain, May 12, 2023 /PRNewswire/ — The global fashion company DeFacto participated in ShopTalkEurope 2023, held from May 9th to 11th, 2023 in Barcelona. Önder Şenol, Online General Manager of DeFacto, announced at the event that the company’s JUMP UP project, which promotes digitalization,… Continue reading Fashion Company DeFacto attends ShopTalk2023 in Barcelona
Autoliv Announces Results of 2023 Annual Stockholders Meeting
STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting
DENSO to Sponsor, Join Panel at CADIA Rev Up 2030 DEI Summit
Mobility supplier’s support reinforces its efforts to promote diversity, equity, inclusion and belonging in the automotive industry SOUTHFIELD, Mich., May 15, 2023 /PRNewswire/ — DENSO, a leading mobility supplier, will sponsor and participate in a panel at the Center for Automotive Diversity, Inclusion & Advancement’s (CADIA) sixth annual DEI Summit, happening May 18 at the… Continue reading DENSO to Sponsor, Join Panel at CADIA Rev Up 2030 DEI Summit
Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector
Ashok Leyland’s Chief Information Officer, Vinod G, believes that the latest artificial intelligence (AI) technologies such as generative pre trained transformers (GPT), have the potential to fundamentally transform the automotive sector. This will have an impact on every facet of the company’s operations, including production, sales, finances, the management of human resources, and safety, among… Continue reading Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector