FD Research Insights
• LS Digital has appointed Cyrus Jogina as Head of Marketing. • JioCinema has appointed Mohit Bhatia as Director - Ad Sales (Sports). • Innovist has secured $7 million in funding from Amazon Smbhav, and others. • Tata Power has planned to invest Rs 60,000 crore till FY27 in renewable capacity. • Sami-Sabinsa has invested Rs 3.3 crore in captive renewable energy in Karnataka. • SustVest has raised $250,000 in a round led by WEH Ventures. • HempStreet has raised $1 million in a pre-series A round led by existing backer Carl Waahlin. • Siemens has reported its net profit has increased by 36% to Rs 534 crore in Q2. • PhiCommerce has raised $10 million in a Series A1 round led by BEENEXT, and Opus Ventures. • Sika has acquired a 30% stake in startup flooring company Concria Oy. • PCBL has planned to acquire Aquapharm Chemicals for Rs 3800 crore. • Schaeffler and Vitesco Technologies have signed a Business Combination Agreement to jointly create a leading Motion Technology Company. • Tech Mahindra has collaborated with AWS to build a sports cloud platform. • KKR has acquired Potter Global Technologies for an undisclosed sum. • Jubilant Foodworks has planned to acquire a majority stake in DP Eurasia for EUR 73.36 million. • Bharat Biotech has inked an MoU with the University of Sydney for vaccine research. • Uttar Pradesh Govt has planned to invest Rs 18000 crore in a new coal-fired thermal power plant in Sonbhadra district. • BSNL Board has appointed Kalyan Sagar Nippani as Director (HR) • Think & Learn Pvt Ltd (Byjus) has promoted Jiny Thattil to CTO
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