Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><keyword id="1552189" type="General" weightage="20" keywordseo="pine-labs" source="Orion">Pine Labs</keyword>’ former CTO Sanjeev Kumar will now head the research and development (R&amp;D) vertical.</li><li>Kalagara has spent 12 years working with PayPal, three years at Flipkart and about 8 years working in the USA.</li><li>Pine Labs is expected to file the preliminary paperwork for its public listing by the end of October.</li></ul>Payments company Pine Labs, which is expected to file for its initial public offering (IPO) soon, has appointed former Flipkart executive <keyword id="12347953" type="General" weightage="20" keywordseo="phanimohan-kalagara" source="Orion">Phanimohan Kalagara</keyword> as its chief technology officer (CTO). Sanjeev Kumar, former CTO of Pine Labs, will now move to a new role within the company and head the research and development (R&amp;D) vertical. Phanimohan Kalagara has over two decades of experience in the field of technology having worked in ecommerce, financial technology, and computer-aided design &amp; computer-aided manufacturing (CAD/CAM) industries. He also has expertise in emerging technologies like virtual reality. “With Pine Labs, I see a massive opportunity to make a substantial difference to the future of merchant commerce in Asia. Looking forward to being part of this team that is set to shift the fintech landscape in Asia," Kalagara said in a press note. He has previously worked as the senior vice president of product and engineering at Flipkart, senior director of engineering PayPal and director of software development at Advanced Interactive Systems. He spent 12 years working with PayPal and three years at Flipkart. “We have made several new appointments in the past one year to bolster our technology capabilities. Phani [Kalagara] comes with a wealth of experience in product and engineering and is the right man to lead our Technology team during this exciting phase of growth for the company,” Amrish Rau, chief executive of Pine Labs, said. Pine Labs is expected to file the preliminary paperwork for its public listing by the end of October. The company is expected to list in Nasdaq listing in the US and plans to raise over a billion dollars from this issue, as per media <a href="https://www.livemint.com/market/ipo/pine-labs-may-file-for-nearly-1-bn-nasdaq-ipo-by-oct-end-11633888624007.html">reports</a>. The company has reportedly hired investment bank Morgan Stanley to manage the proposed IPO. The Noida-based fintech startup has raised $838 million to date from marquee investors like IIFL Asset Management, Fidelity Management and Research Company, Neuberger Berman Loan Advisers Holdings and more. Pine Labs had raised $100 million from Invesco Developing Markets Fund in September, and it is now valued at $3 billion. SEE ALSO <a href="https://www.businessinsider.in/tech/enterprise/news/facebook-plans-to-rebrand-itself-to-a-metaverse-company-with-a-new-name/articleshow/87150303.cms" data-type="tilCustomLink" style="">Facebook plans to rebrand itself to a metaverse company with a new name</a> <a href="https://www.businessinsider.in/tech/apps/news/whatsapp-rolls-out-redesigned-icons-working-on-done-and-undo-buttons-for-media-editing/articleshow/87131523.cms" style="">WhatsApp rolls out redesigned icons, working on “Done” and “Undo” buttons for media editing</a> <a href="https://www.businessinsider.in/tech/news/facebook-tests-new-feature-that-will-allow-users-to-cross-post-their-videos-and-photos-on-instagram/articleshow/87131315.cms" style="">Facebook tests new feature that will allow users to cross-post their videos and photos on Instagram</a>

IPO-bound Pine Labs appoints former Flipkart, PayPal exec Phanimohan Kalagara as CTO

Electric car maker <keyword id="107096" type="General" weightage="80" keywordseo="tesla" source="Orion">Tesla</keyword> is still facing the $2 billion lawsuit, filed against the Elon Musk-run company by hydrogen trucking startup <keyword id="1192755" type="General" weightage="100" keywordseo="nikola" source="Orion">Nikola</keyword> over design patents infringement. A <keyword id="148026" type="General" weightage="20" keywordseo="US-federal-judge" source="Orion">US federal judge</keyword> has now directed Nikola to continue its three-year-old $2 billion patent lawsuit against Tesla. The case against Tesla will still remain "administratively closed" but won't be dismissed, Judge <keyword id="3773697" type="General" weightage="20" keywordseo="james-donato" source="Orion">James Donato</keyword> said in a new order on Tuesday, reports The Verge. Nikola first filed the lawsuit in 2018, alleging that Tesla's own semi-truck infringes on a number of Nikola's design patents. "Nikola said in its original complaint that Tesla stealing its designs would rob the startup of $2 billion in market share," the report said. The judge, who on October 1 closed the case as neither Nikola nor Tesla responded to earlier orders, has now assigned Nikola two new deadlines for hearing in January 2022. "Nikola's ostensible reasons for not responding to the Court's orders are not particularly compelling," the judge said in the order. "The case will not be dismissed at this time for failure to prosecute, but that may change if Nikola does not move this case forward to resolution in an efficient and timely manner." Tesla showcased its first semi-truck in 2017. However, for years and several delays later, Tesla is yet to release the 'Tesla Semi' or the 'Megacharger' for it to date. Tesla recently delayed the first Tesla Semi deliveries to customers until 2022 when it will have more battery cell supply. The company has been spotted deploying the first Megacharger to charge its upcoming semi-electric truck at Gigafactory Nevada, the media reported this week. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/enterprise/news/facebook-plans-to-rebrand-itself-to-a-metaverse-company-with-a-new-name/articleshow/87150303.cms">Facebook plans to rebrand itself to a metaverse company with a new name</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/ipo-bound-pine-labs-appoints-former-flipkart-paypal-exec-phanimohan-kalagara-as-cto/articleshow/87151543.cms">IPO-bound Pine Labs appoints former Flipkart, PayPal exec Phanimohan Kalagara as CTO</a>

Tesla still faces $2 billion patent lawsuit by trucking startup Nikola over design patents infringement

New Delhi, <keyword id="9769347" type="UNKNOWN" weightage="20" keywordseo="cloud-major-oracle">Cloud major Oracle</keyword> on Monday announced that <keyword id="10468571" type="UNKNOWN" weightage="20" keywordseo="several-indian-businesses">several Indian businesses</keyword> like Polycab, Religare Broking and Mphasis have moved on to its second-generation cloud services in the country, amid the rising demand for secure, enterprise-grade Cloud services. Other Indian firms subscribing to Oracle's Cloud applications and infrastructure include <keyword id="438553" type="PERSON" weightage="20" keywordseo="Omega-Healthcare">Omega Healthcare</keyword>, Nippon Life India Asset Management, GTPL Hathway, IFFCO, Lipi Data Systems, Infocepts, RXIL and ARCIL. "Over the last 4-5 years, we have doubled our overall customer base and have nearly 1,000 strategic partners in our network. All this is a reflection of Oracle emerging as the cloud provider of choice for our customers," said Shailender Kumar, Regional Managing Director, Oracle India. Oracle offers enterprise-grade security and performance out of two local Cloud regions in Hyderabad and Mumbai, as well as 29 others worldwide, seen as critical by Indian organisations wanting to accelerate their digital journey and future-proof their business. "We are fully geared up to help organisations of all sizes and from all industries, unlock new value from their data in the New Year, aiding faster innovation and growth recovery, while enhancing their end customer experience," Kumar said in a statement. Oracle said its nearly 1,000 channel partners in India now play a key role in driving growth in the country, as part of the modernised <keyword id="3679824" type="COMPANY" weightage="20" keywordseo="Oracle-PartnerNetwork">Oracle PartnerNetwork</keyword> (OPN 2020) which is enabling channel partners to prepare for a Cloud-first world. "With our cloud migration capabilities and investments in Cloud Adjacent Data Centres, Sify is making it easier for customers to embrace Oracle <keyword id="408916" type="PERSON" weightage="20" keywordseo="cloud-infrastructure">Cloud Infrastructure</keyword> led hybrid cloud adoption in India," said Sify's CEO Kamal Nath. In the recent 2020 SaaSPath survey from IDC, Oracle was rated among the most-trusted SaaS vendors, and scored highly on robust data security, high availability, and value. "We have almost minimal spend on maintenance and operations now that we are using Oracle Cloud ERP. We strongly believe that as a long term strategy, this transformation will give us the much needed spur for growth," said Pradeep Paliwal, CTO, Religare Broking. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/heres-what-analysts-say-if-you-should-subscribe-or-not-to-the-300-crore-ipo-of-antony-waste-handling-cell/articleshow/79790998.cms">Antony Waste Handling Cell ₹300-crore IPO opens today — these are the risks and opportunities</a> <a href="https://www.businessinsider.in/business/startups/news/the-founder-of-sugar-cosmetics-explains-how-the-startup-clocked-a-60-growth-in-sales-during-the-pandemic/articleshow/79832966.cms">The founder of SUGAR cosmetics explains how the startup clocked a 60% growth in sales during the pandemic</a> <a href="https://www.businessinsider.in/business/startups/news/pine-labs-valuation-crosses-2-billion-as-it-raises-fresh-funds-from-lone-pine-capital/articleshow/79833738.cms">Pine Labs' valuation crosses $2 billion as it raises fresh funds from Lone Pine Capital</a>

Polycab, Religare Broking and Mphasis move on to 2nd Gen Oracle Cloud to boost growth

You Searched For "pine labs cto" and got 3 results

IPO-bound Pine Labs appoints former Flipkart, PayPal exec Phanimohan Kalagara as CTO

Kritti Bhalla

Tesla still faces $2 billion patent lawsuit by trucking startup Nikola over design patents infringement

IANS

Polycab, Religare Broking and Mphasis move on to 2nd Gen Oracle Cloud to boost growth

IANS

Popular Keywords

Buying Guides