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Pune Business News: Progility Technologies,BioFound Biotech,ITC Limited,ACESO

Julian Wheatland

Progility Technologies Pvt. Ltd. has announced the appointment of Julian Wheatland as Chief Executive Officer (CEO). Wheatland is relocating from London to Mumbai to take up this position. With a rich experience spanning three decades in technology, finance, and management, Julian’s strategic foresight and leadership prowess are poised to propel the company’s growth initiatives forward, positioning Progility as a frontrunner in enterprise technology innovation.
Julian holds a Master’s degree in Business Administration from the Wharton School and a Bachelor’s degree in Electrical and Electronic Engineering from the University of Leeds, highlighting his multidisciplinary expertise and unwavering commitment to excellence in various fields.
Julian’s illustrious career includes key roles such as Chairman of SCL Group and COO/CFO of the Cambridge Analytica/SCL group of companies, where he led exponential growth and pioneering advances in advertising and data analytics. His tenure as CEO of Hatton International Ltd and Cornerstone FS plc cements his reputation for navigating complex markets and driving value for all stakeholders.
BioFound Biotech has won the Biz QuoTiEnt 2024 finals held in Pune recently. Biz QuoTiEnt is an annual business plan competition for college students organised by the TiE U (University) team at TiE (The Indus Entrepreneurs) Pune. Starting with 106 entries it was whittled down to five finalists over three rounds. The Business Plan competition is organised for all the TiE chapters across the globe. Winners from each country will take part in the global finals on 1st May 2024 in Silicon Valley, USA. BioFound Biotech is co-founded by Arsh Chavan and Aditya Joshi. These students have put their heads together and developed an enzyme that aids in better conversion of molasses to ethanol. BioFound Biotech was awarded a cash prize of Rs. 1,00,000/- from TiE Pune. The first runner up was SaralX founded by Akashdeep Bansal who wants to ensure that the digital world is made more accessible to People with Disabilities. Akashdeep Bansal was awarded Rs 50,000. The second runner up was Cognac Metaverse that plans to build a more realistic Metaverse and Aditya Gaurav (of Cognac Metaverse) was awarded Rs 25,000/-.
Strengthening its large-scale efforts in water stewardship, multi-business conglomerate ITC Limited has attained the prestigious Platinum-Level AWS (Alliance for Water Stewardship) Certification for two of its state-of-the-art units in Ranjangaon, Maharashtra, achieving, the highest global benchmark for water management. In another significant milestone, ITC also secured an exclusive Leadership Level ‘A’ score for Water Security from CDP, a prominent not-for-profit organization that promotes engagement on global environmental issues. The AWS certifications for Ranjangaon units follow the success of the Company in achieving the same feat for its Foods Unit at Malur in 2022, which was recognized as Asia’s first food processing facility to receive the certification. ITC’s Paperboards Unit in Kovai became the first site in India and the world’s first paper mill to achieve AWS certification. The coveted AWS Certification involved rigorous onsite and community level assessments at the Integrated Foods facility at Ranjangaon in Pune district. The unit manufactures ITC’s popular food products brands such as YiPPee! noodles, Bingo! snacks and Aashirvaad Atta among others. Alliance for Water Stewardship (AWS) is a global membership collaboration comprising businesses, NGOs and the public sector that focuses on contribution to the sustainability of local water-resources.
Insurance sector player ACESO has announced the appointment of Ranjit Kulkarni as its new Research and Strategic Acquisitions Head. With over 35 years of distinguished experience in the life insurance industry, Ranjit brings a wealth of expertise and insight to his new role. As ACESO continues to innovate and provide optimal solutions to policyholders, Ranjit’s appointment marks a significant milestone in the company’s strategic growth. His extensive network within the insurance fraternity ensures that ACESO remains at the forefront of industry trends and developments. In his new role, Ranjit will lead ACESO’s team in leveraging the C2B platform, specifically designed for LIC Policy holders, called ALIP – Assignment of Life Insurance Policies. This platform offers an alternative for policyholders who are keen to surrender their LIC Policies or where policies are lapsed, ensuring that policyholders do not lose out on their entire life cover benefits. Additionally, this platform also helps in sustaining the income of the agents/ insurance advisors.

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