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Freshworks reported a 53% surge in its revenues to $169 million in the six months that ended June 30, 2021 compared with revenue of $110 million recorded in the same period last year. At the same time, losses declined sharply by 83 % to $ 8.9 million. The company was valued at $3.5 billion when it raised $150 million from Sequoia Capital, CapitalG and Accel in November 2019.
Brightcom Group Ltd (BSE (BCG) | 532368 | NSE (INE425B01027), Leader in Digital Marketing Industry, has announced appointment of a senior management professional to their Executive Team.
• Peshwa Acharya, the business leader with nearly 3 decades of work experience joins Brightcom Group.
• He was associated with P&G, Reckitt, Dabur, Reliance Retail (including Reliance Digital), Sterling Holidays (Thomas Cook), and several others in senior capacity.
• His addition further strengthens the leadership team in the executing the growth plans of Brightcom Group and taking on the latest market opportunities.
PESHWA ACHARYA TO BE THE PRESIDENT (GROUP STRATEGY) OF BRIGHTCOM GROUP
Peshwa Acharya, the accomplished senior management professional and business leader
with about 30 years of work experience, joins Brightcom Group (with effect from Sept 21st, 2021) to spearhead its corporate strategy and development in the capacity of President (Group Strategy). As the head of the group strategy, Peshwa will advance the global strategy and positioning of Brightcom group as an intelligent digital marketing platform, which meets the needs of publishers, advertisers and solution providers in the digital eco-system.
“I am excited to be a part of the Brightcom Group”, said Peshwa Acharya. “I look forward to building upon the company’s current successes and focus on actively contributing to the growth at Brightcom.”
“We are delighted to have Peshwa join the executive team,” said Suresh Reddy, Chairman and CEO of the Brightcom Group, “Peshwa is a leader who has a proven track record of building, managing and energizing high-growth organizations. He will be a great asset both in terms of bringing in deep business insights and overall executive leadership.”
New SHP (24 Aug 2021) is out.
We all are waiting for Logan’s views on current developments (specially after they announced a short period of notice on 13 July regarding acquisition and fund raising.)7+
1. Employee Stock Option Scheme namely, “Brightcom Group Employees Stock Option Scheme – 2021” and implementation of the same through the “Brightcom Group Employee Welfare and ESOP Benefit Trust” (The Trust).
To provide an interest-free loan by the Company to purchase BCG shares by the Trust from the secondary market.
Total number of Options to be granted under the Scheme shall not exceed 5% (Five percent) of the paid-up equity capital as on March 31, 2021.
Exercise price shall not be less than the average market price at which the equity shares of the Company are acquired by the Trust.
Such loans to the ESOP Trust shall not exceed the limit of 2% (two percent) of the aggregate of paid-up share capital and free reserves of the Company.
Kindly requesting senior boarders to throw light on these points.
Can you please share the link (if you have)?5+
I have received a dividend just now.
5 paisa per share (as my dividend value is not high – 1161 rupees)2+
No file is uploaded on NCLT website yet.0
@Logan, I have noticed that this is the first time (after 2013-14) they have mentioned Jacob Nizri and Brad Cohen’s names in management team.
I have checked previous 4-5 years annual report in which they were not mentioning their names.
Last one, they mentioned their name in 2013-14 report.