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News on Medial
Google India head is now co's APAC president
Economic Times
·
1y ago
Medial
Sanjay Gupta has officially taken over as the new Asia Pacific (APAC) president of Google. He replaces Scott Beaumont, who is retiring after 16 years with the company. Gupta expressed his excitement about leading in APAC, citing its importance in global growth and innovation. He praised Beaumont's contributions in expanding Google's presence in the region and highlighted APAC's strong tech-savvy user base, skilled workforce, thriving developer ecosystem, and supportive governments. Gupta recently attended Google's developer conference in Bengaluru where participants explored ideas for utilizing the company's multimodal AI model, Gemini.
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Google names Preeti Lobana as Country Manager, VP for India
Livemint
·
7m ago
Medial
Google has appointed Preeti Lobana as the new country manager and vice president of its India operations, replacing interim head Roma Datta Chobey. Lobana’s appointment marks a significant move as Google becomes the second major tech company in India, alongside Meta, to appoint a female country head.
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Sashikumar Sreedharan elevated as Google Cloud’s managing director for India - The Economic Times
Economic Times
·
1m ago
Medial
Sashikumar Sreedharan has been appointed as the new managing director for Google Cloud in India, succeeding Bikram Singh Bedi, who will now focus on regional strategic roles. Previously the COO for APAC at Google Cloud, Sreedharan has a 30-year tech industry background, including leadership positions at Microsoft and SAP. In his new role, he will spearhead Google Cloud's go-to-market strategy in India, emphasizing an "AI-first future."
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Snap elevates Asia Pacific president Ajit Mohan to chief business officer
Economic Times
·
6m ago
Medial
Snap has promoted its Asia Pacific president, Ajit Mohan, to chief business officer. Mohan, who joined Snap from Meta in February 2023, will oversee the advertising business across all regions. Previously leading growth in the APAC region, Mohan is now responsible for revenue products and operations. Snap reported a revenue increase to $1.56 billion for the October-December quarter. Mohan's promotion coincides with uncertainties surrounding TikTok, benefiting Snap’s advertising business strategy.
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Logistics startup ClickPost raises $6 million in funding led by Inflexor, Athera VP
Economic Times
·
1y ago
Medial
Logistics intelligence platform, ClickPost, has secured $6 million in funding led by Inflexor Ventures partners and Athera Venture Partners. ClickPost aims to expand its product offerings and geographic reach. Initially launched as a developer tool, the platform now provides various services for brands including multi-carrier integration and tracking visibility. The company serves clients across India, North America, APAC, and the Middle East. ClickPost plans to focus on India, the US, and APAC, and aims to grow fivefold in the next two years.
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YouTube appoints Gunjan Soni as new India head
Economic Times
·
3m ago
Medial
YouTube has appointed Gunjan Soni as the new country managing director for India, succeeding Ishan Chatterjee, who left to join JioCinema. The announcement was made by Gautam Anand, vice president and managing director for YouTube APAC, highlighting India as a key market for YouTube due to its creativity and opportunities. Soni's appointment underscores YouTube's commitment to strengthening its presence and operations in India.
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Strong interest from PEs, strategics for larger consumer deals in India: Rothschild MD
VCCircle
·
4m ago
Medial
Rothschild & Co's managing director, Subhakanta Bal, highlights the strong interest from private equity firms and strategic investors in larger consumer deals in India. Rothschild & Co, a global financial advisory firm, established its Indian office in 1999 and now has a team of over 30 bankers. They provide advisory services in mergers and acquisitions, equity market fundraising, private capital, debt advisory, and restructuring across various sectors.
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SBI Caps appoints new head of equity capital markets business
VCCircle
·
4m ago
Medial
SBI Capital Markets has appointed Amrendra Singh as the head of its equity capital markets (ECM) division. Singh, now Senior Vice-President and Group Head of ECM, succeeds Deepak Kaushik, who will handle SBI’s East Asia operations in Hong Kong. Singh, a chartered financial analyst with over two decades at SBI, previously managed asset-liability at the bank. SBI Caps provides investment banking services and has facilitated significant capital raises through major IPOs and offerings in India.
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Google pilots project to validate its AI model for AnthroKrishi
Economic Times
·
1y ago
Medial
Google is piloting a project called AnthroKrishi in India to improve farming practices and crop yields. The project uses AI technology to analyze satellite imagery and map the boundaries of individual farms. It also monitors crops, yields, and farming activities, providing data for smarter farming practices, such as issuing loans based on expected yields or governments optimizing subsidy programs. The pilot projects in Telangana and Maharashtra have validated the accuracy of the AI models used in AnthroKrishi. Google aims to scale these solutions across India, APAC, and beyond.
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Amazon appoints Samir Kumar as head of India operations
Entrackr
·
10m ago
Medial
E-commerce major Amazon has appointed Samir Kumar as the country head for India. Kumar will continue to lead Amazon’s consumer businesses in the Middle East, South Africa, and Turkey. Kumar will replace Manish Tiwary, the head of Amazon’s India operations, who left the firm to pursue an opportunity outside of the company in August this year. Amit Agarwal, who is the vice president of Amazon India, will now oversee India operations alongwith Kumar. It’s worth noting that the duo had already worked together in the past. The appointment coincides with Amazon India’s plan to foray into quick commerce market. The e-commerce giant plans to enter the space, currently dominated by the likes of BlinkIt, Zepto and Instamart, in the first quarter of 2025.
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Angel One appoints former Google Pay VP Ambarish Kenghe as Group CEO
Entrackr
·
6m ago
Medial
Angel One appoints former Google Pay VP Ambarish Kenghe as Group CEO Mumbai-based stockbroking firm Angel One has announced the appointment of Ambarish Kenghe as Group Chief Executive Officer. Kenghe will assume his role as CEO in March 2025. Previously, as Vice President and General Manager at Google Pay APAC, Kenghe was instrumental in scaling Google Pay's footprint and advancing the UPI ecosystem in India. He also played a pivotal role in the launch of Chromecast and contributed significantly to the development of Google TV. Before Google, he served as Chief Product Officer at Myntra, spearheading AI/ML-powered innovations that redefined the fashion e-commerce landscape. "With his proven track record of driving innovation and deep expertise in the industry, he is the visionary leader we need to propel us into our next chapter of growth,” said Dinesh Thakkar, Chairman and Managing Director of Angel One. Angel One is the third-largest stockbroking platform in India, behind Groww and Zerodha. The company has 7.75 million active clients and controls a 15.67% market share in the stockbroking space. Its revenue from operations jumped 19.2% to Rs 1,262.2 crore in the December quarter, compared to Rs 1,059 crore in the same period of the previous financial year, with profits surging 8.1% to Rs 281.4 crore.
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