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MathCo appoints Venkataram GS as CFO

MathCo appoints Venkataram GS as CFO

Artificial intelligence (AI), data analytics and engineering firm MathCo on Thursday said it has appointed Venkataram GS as chief financial officer (CFO).
Venkataram brings with him expertise in financial strategy and operations, with a career spanning senior finance roles at leading technology and consulting firms including Mindtree, Subex, Accenture and Wipro. Most recently, he served as CFO at Maveric Systems, where he played a key role in shaping the company's growth and transformation journey.
'The data and AI space has always been a dynamic and high-impact area, and I look forward to partnering with MathCo's forward-looking co-founders and leadership team to strengthen our financial strategy and drive long-term value for our clients, our people, and the organisation as a whole,' said Venkataram.The appointment comes as the company continues to scale up its impact as a global enterprise AI partner to Fortune 500 companies. MathCo builds custom, sustainable AI solutions that solve complex business challenges across industries and functions. It is also at the forefront of enabling organisations to transition into agentic enterprises, where interconnected AI agents deliver intelligent decision-making at scale.
The firm secured a $50 million investment in 2022 from Brighton Park Capital, with continued backing from existing investor Arihant Patni. In 2024, the company appointed former Genpact chief executive Tiger Tyagarajan to its board of directors. Earlier this year, it appointed Manu Sharma as its chief strategy and solutioning officer.

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Rajiv Sharma Named India's Top Sales Trainer, Transforming Corporate Sales Teams by Global Gurus
Rajiv Sharma Named India's Top Sales Trainer, Transforming Corporate Sales Teams by Global Gurus

Business Standard

time4 hours ago

  • Business Standard

Rajiv Sharma Named India's Top Sales Trainer, Transforming Corporate Sales Teams by Global Gurus

VMPL New Delhi [India], June 20: In a landmark recognition for India's sales training landscape, Rajiv Sharma, Founder and Program Director of NLP Limited, has been named among the Top 5 Global Sales Trainers, solidifying his position as India's leading authority on sales transformation. Sharma, a veteran leadership coach, corporate trainer, and creator of the acclaimed MARK Model, has helped over 850,000 professionals across 52 countries reinvent their approach to sales, customer influence, and business growth. His methodologies are now being adopted by Fortune 500 companies, high-growth start-ups, and public sector enterprises across India. As organizations across Pune, Mumbai, Delhi, Ahmedabad, and Bangalore navigate a more competitive post-pandemic economy, Sharma's result-oriented frameworks are being credited with turning around underperforming teams, lifting conversion rates, and boosting revenue by up to 40% in just six months. A New Standard in Sales Training "Sales training in India has traditionally been skills-based," Sharma commented in a recent leadership forum. "But what drives lasting impact is when we train identity, not just ability. That's when confidence takes root. That's when revenue follows." What sets Sharma apart, according to industry insiders, is his fusion of Neuro-Linguistic Programming (NLP) with high-performance sales strategies. His training programs incorporate subconscious alignment techniques, behavioral simulations, and consultative selling principles--reshaping how Indian sales professionals think, feel, and close deals. From Struggling Sales to Strategic Selling Across sectors--from banking and insurance to real estate, FMCG, and IT--companies are reporting measurable outcomes. These include increased client retention, improved Net Promoter Scores (NPS), and significant growth in high-ticket sales. "Rajiv's programs don't just teach selling," says Priya Iyer, CHRO of a leading technology firm in Bangalore. "They transform how our teams show up--confident, prepared, and aligned with the customer. We've seen a 50% spike in performance across three regions." Sharma's flagship corporate training engagements focus on aligning sales behaviors with organizational KPIs, guiding participants through the sales process with tools drawn from authoritative selling, negotiation psychology, and key account management. National Impact Through NLP Limited As the driving force behind NLP Limited, Sharma has positioned the company as India's leading training firm for sales professionals, salespeople, and emerging sales consultants. The firm works with companies all over the country, including major accounts in Ahmedabad, Hyderabad, and Chennai, delivering programs tailored to local and global business dynamics. In recognition of its high impact, NLP Limited has expanded its partnerships with top training companies in India, and now delivers programs across Southeast Asia, the Middle East, and Africa. Changing the Sales Career Narrative For young professionals entering the sales industry, Sharma's influence goes beyond performance. His mentorship and leadership coaching have helped hundreds of individuals rise from entry-level sales roles to senior business development and key account positions. His programs include structured certifications, leadership accelerators, and personalized coaching modules designed to foster high-value conversations, overcome objections, and create enduring client relationships. Recognitions and Rankings -Ranked among the Top 5 Sales Trainers Worldwide -Creator of the MARK Model, used by hundreds of global organizations -Recognized Top Sales Influencer and Motivational Keynote Speaker -Trusted by CEOs, CHROs, and L & D leaders across 15+ industries - India's foremost expert in sales psychology, NLP, and consultative selling The Future of Sales in India: Installed from Within Rajiv Sharma's work reflects a deeper shift in the Indian business landscape--where sales is no longer seen as a transaction, but as a trusted dialogue between value creators and solution seekers. His programs install this mindset from the inside out. As more companies seek sustainable growth in a volatile global economy, Sharma's message resonates clearly: when you build the right sales culture, the numbers take care of themselves. "You don't need more salespeople," Sharma says. "You need more people who believe in what they're selling, feel congruent doing it, and are trained to lead clients to decisions that create success--for everyone." About Rajiv Sharma Rajiv Sharma is a globally ranked sales trainer, leadership coach, and motivational speaker based in India. As the founder of NLP Limited, he has trained professionals in over 45 countries and developed the MARK Model--used by thousands of teams to achieve high-impact sales results. Sharma is a regular keynote speaker at global leadership summits and consults with CXOs on building scalable, emotionally intelligent, sales-driven cultures. Contact for Media Inquiries

'Not just one challenge; Accenture clients are facing everything, all at once'
'Not just one challenge; Accenture clients are facing everything, all at once'

Mint

time7 hours ago

  • Mint

'Not just one challenge; Accenture clients are facing everything, all at once'

Accenture Plc. on Friday said Fortune 500 companies unnerved by global conflicts and tariff wars are holding back technology spending, prompting it to issue a muted guidance for the current quarter. The subdued guidance rattled investors, with shares of the world's largest information technology outsourcer trading 7.6% at $283 at 8:30pm Indian time. The guidance could signal further challenges for India's $283 billion IT services companies, which started their fiscal year on a weak note. Accenture recorded revenue growth—6% sequentially and 7.7% annually—to $17.73 billion, but the company expects slower days ahead. The company expects revenue of $17-17.6 billion in the fourth quarter (March to May). Accenture follows a September-August financial year while Indian IT firms follow an April-March calendar. The company cut its headcount by 10,000 to end with 790,000 employees last quarter. Accenture flagged the threat to businesses from US president Donald Trump's tariffs and policy flip-flops, coupled with the Iran-Israel conflict. This implies that new business might be harder to get for Indian IT outsourcers, who issue their quarterly earnings next month. 'As we shared last quarter, we continue to see a significantly elevated level of uncertainty in the global economic and geopolitical environment as compared to calendar year 2024,' said Julie Sweet, chair and chief executive of Accenture, during the company's post-earnings conference call. The IT services company did not raise the upper end of its growth guidance of 7% for the full year, reflecting its views on the macroeconomic environment. Accenture expects to spend up to $1.5 billion on acquisitions during this fiscal. The management said that about 3% of its full-year growth of 7% is expected from acquisitions. Sweet added that clients were faced with multiple challenges at once. 'In every boardroom and every industry, our clients are not facing a single challenge—They are facing everything at once, economic volatility, geopolitical complexity, major shifts in customer behavior,' she said. Accenture's dim outlook stokes further uncertainty for India's five largest software service providers including Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, Wipro Ltd and Tech Mahindra Ltd, which struggled to bag deals valued at over $1 billion last fiscal. A dwindling large order book is further expected to raise questions on the readiness of Indian IT to weather the macroeconomic storm. A third of Accenture's quarterly revenue came from its software products business. Sweet added that the pause in tech spending was short and that clients wanted to be the first to adopt artificial intelligence (AI). 'I am talking to CEOs every day, and you know, there was this whole narrative about a pause and sitting on the sidelines. And I would tell you, it was very short. Our clients have moved from pause to focus and leapfrog,' said Sweet. Earlier, an analyst said Accenture could face difficulty in bagging deals in the second half of the fiscal. 'Additionally, we believe Accenture faces difficult bookings compares in 2HFY25, which creates a tricky setup in a tepid backdrop,' said BMO Capital Markets analyst Keith Bachman, in a note dated 18 June. Bachman added that 'the economic environment has modestly weakened in aggregate,' signalling that times might be tougher for IT outsourcers as clients hold back their tech spending. However, a bright spot in the company's report card was its GenAI (generative artificial intelligence) order book. Accenture secured $1.5 billion in new GenAI bookings in the quarter, which comprised almost 8% of its overall order bookings of $19.7 billion for the quarter. In the same quarter, Accenture got revenues of $700 million from Gen AI projects. So far, since September 2023, the company has taken its total tally of orders in Gen AI to $7.1 billion. For context, Accenture's total order bookings from GenAI alone is more than the FY25 revenue of Tech Mahindra Ltd, India's fifth-largest software services company. Tech Mahindra ended last fiscal with $6.26 billion in revenue. Accenture was the first software services company to state its Gen AI deal value. This is in contrast to homegrown IT service providers, who are yet to spell out revenue or confirmed orders from the new technology.

Pro-Israel hackers nab $90 million from Iranian crypto exchange - then burn it all in symbolic blockchain move
Pro-Israel hackers nab $90 million from Iranian crypto exchange - then burn it all in symbolic blockchain move

Time of India

time8 hours ago

  • Time of India

Pro-Israel hackers nab $90 million from Iranian crypto exchange - then burn it all in symbolic blockchain move

An Israeli operatives-linked hacking group known as Predatory Sparrow , also known as Gonjeshke Darande , claimed that it stole over $90 million from Iran's largest crypto exchange, Nobitex , only to destroy the money instead of keeping it, so as to send a political message, as per a report. Israeli-Linked Hackers Strike Iranian Crypto Exchange The attack comes at a time of heightened tensions between Iran and Israel, and the hackers made their motives clear as the group posted on social media platform X, 'These cyberattacks are the result of Nobitex being a key regime tool for financing terrorism and violating sanctions,' quoted Fortune. Hackers didn't keep a single cent Crypto analytics firm Elliptic revealed that instead of cashing out the $90 million of Bitcoin, Dogecoin, and over 100 different cryptocurrencies that Predatory Sparrow raided, the hacking group chose just to destroy, 'burn' in crypto parlance, the funds, as they wanted to send a political message, according to the report. ALSO READ: Circle stock soars again as Senate passes groundbreaking Stablecoin Bill, analysts say it's still a Buy Why the Hack Was Meant to Send a Message As per Fortune, the blockchain addresses, or locations in a database that record how much money someone has, are usually randomly generated, which usually consist of a garbled string of numbers and letters. However, for this operation, Predatory Sparrow sent the hacked funds to addresses that included the phrase 'F***iRGCTerrorists,' where IRGC refers to the Islamic Revolutionary Guard Corps , a branch of the Iranian army, reported Fortune. Live Events The lead crypto threat researcher at Elliptic, Arda Akartuna, explained that 'To generate addresses with so many specific terms inside it would require so much computing power that you're not going to do it within any reasonable lifetime,' as quoted in the report. Akartuna pointed out that, 'So, it seems to have been more of a symbolic hack, as opposed to one where the intention is financial,' quoted Fortune. Nobitex responds While, Nobitex wrote on its X account after the hack, saying, 'The vast majority of assets are stored in cold wallets and were not impacted,' as quoted in the report. FAQs Who carried out the hack on Nobitex? A group called Predatory Sparrow, believed to be linked to Israeli intelligence, claimed responsibility. What did the hackers do with the money? They destroyed it as they 'burned' the funds, instead of profiting from the theft. Economic Times WhatsApp channel )

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