TOKYO, July 28 (Bernama-BUSINESS WIRE) -- PHC Holdings Corporation (headquarters: Minato-ku, Tokyo, Japan, President & CEO: John Marotta, hereafter PHCHD), a leading global healthcare company, has today announced the appointment of Alan Malus and Kyoko (Kay) Deguchi as independent external directors, effective June 30, 2021. Both bring extensive knowledge of the healthcare industry and executive-level experience at international and Japan-based medical device and life sciences companies.
Mr. Malus joins the board with over 18 years’ experience in the life sciences and diagnostics industry. Mr. Malus was most recently Corporate Executive Vice President at Thermo Fisher Scientific Inc. and the President of their Laboratory Products and Services Segment. He has held various leadership and senior executive positions in finance, marketing, commercial development and operations since joining Thermo Fisher in 1998. His early career started with almost 15 years in the automotive industry, working for Ford, Chrysler and Textron. Ms. Deguchi joins the board with over 20 years’ experience in the healthcare and chemical industries. Ms. Deguchi has most recently run the Ochanomizu Orthopaedic Rehabilitation Clinic as Vice Director and currently serves as an outside director of several public and private companies, including Nippon Ski Resort Dev Co., Ltd., T-Gaia Corporation, and Heartseed Co., Ltd. She has held a number of senior leadership positions in finance, marketing and operations for the Japanese subsidiaries of various international healthcare companies, including Janssen Pharmaceutical, Stryker and Abbvie. John Marotta, President and CEO of PHCHD and Chairman of the Board of Directors for PHCHD, said: "I am delighted to welcome Alan and Kay to the PHC Holdings Board of Directors and we are thrilled to have attracted people of their caliber to our board. They have exceptional track records of driving commercial success for companies in the healthcare sector. They bring a wealth of experience from both international and Japan-based companies. This will be invaluable as we look to the next phase of growth for the PHC Group. They are great additions to the team and I am excited to begin working with each of them." Mr. Malus will serve as the lead independent external director. mrem.bernama.com/viewsm.php?idm=40637 Gupshup secures additional US$240 million, hastening global conversational messaging vision30/7/2021
KUALA LUMPUR, July 29 -- Gupshup has announced raising an additional US$240 million in follow-on funding from an industry-leading group of investors including Fidelity Management and Research Company LLC, Tiger Global, Think Investments, Malabar Investments, Harbor Spring Capital, certain accounts managed by Neuberger Berman Investment Advisers LLC, White Oak, Neeraj Arora and others. (US$1 = RM4.226)
This funding round follows the US$100 million raise from Tiger Global in April, at a US$1.4 billion valuation. Gupshup will use this investment to continue executing its vision and for secondary purchase of shares from current and former employees as well as prior investors, and further continue investing in product innovation for digital commerce enablement as well as expanding go-to-market initiatives in mobile-first economies worldwide. The conversational messaging leader is also exploring M&A opportunities to expand its business opportunities. The company earlier announced an expansion in its executive team with leadership hires in Corporate Development, International Business Development, Sales, Customer Success, Marketing, and IT. “Conversations represent the new digital storefront for businesses - virtually every business will need to build them,” said Gupshup co-founder and CEO, Beerud Sheth in a statement. “We are transforming digital commerce around the world with conversational messaging. We look forward to partnering with our new investors given their incredible track record of backing category-creating companies. We are also gratified by the opportunity to provide partial liquidity and great returns to early investors and employees that put their faith in Gupshup.” Gupshup's last funding round was in April, having raised US$340 million in 2021, and growing rapidly over the last few years, exiting 2020 with an annual revenue run rate of approximately US$150 million. The company is present in India, LATAM, Southeast Asia, Middle East, Eastern Europe, Africa, and the United States. For more information, visit www.gupshup.io. -- BERNAMA Gupshup secures additional US$240 million, hastening global conversational messaging vision30/7/2021
KUALA LUMPUR, July 29 -- Gupshup has announced raising an additional US$240 million in follow-on funding from an industry-leading group of investors including Fidelity Management and Research Company LLC, Tiger Global, Think Investments, Malabar Investments, Harbor Spring Capital, certain accounts managed by Neuberger Berman Investment Advisers LLC, White Oak, Neeraj Arora and others. (US$1 = RM4.226)
This funding round follows the US$100 million raise from Tiger Global in April, at a US$1.4 billion valuation. Gupshup will use this investment to continue executing its vision and for secondary purchase of shares from current and former employees as well as prior investors, and further continue investing in product innovation for digital commerce enablement as well as expanding go-to-market initiatives in mobile-first economies worldwide. The conversational messaging leader is also exploring M&A opportunities to expand its business opportunities. The company earlier announced an expansion in its executive team with leadership hires in Corporate Development, International Business Development, Sales, Customer Success, Marketing, and IT. “Conversations represent the new digital storefront for businesses - virtually every business will need to build them,” said Gupshup co-founder and CEO, Beerud Sheth in a statement. “We are transforming digital commerce around the world with conversational messaging. We look forward to partnering with our new investors given their incredible track record of backing category-creating companies. We are also gratified by the opportunity to provide partial liquidity and great returns to early investors and employees that put their faith in Gupshup.” Gupshup's last funding round was in April, having raised US$340 million in 2021, and growing rapidly over the last few years, exiting 2020 with an annual revenue run rate of approximately US$150 million. The company is present in India, LATAM, Southeast Asia, Middle East, Eastern Europe, Africa, and the United States. For more information, visit www.gupshup.io. -- BERNAMA |
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