India rises in climate performance rankings; Meta names Sandhya Devanathan as VP for India
India ranked eighth on the annual climate change performance index, jumping two positions since last year, Carbon Copy reports. India is among the high-performing countries in the index, preceded by Denmark, Sweden, Chile, and Morocco, while the first three positions for “very high” performance remained empty, according to the report. And Meta Platforms is appointing Sandhya Devanathan – with 22 years in the industry with multinational experience from finance to gaming – as the Vice President of Meta India.
India ranked eighth on the annual climate change performance index, jumping two positions since last year, Carbon Copy reports. India is among the high-performing countries in the index, preceded by Denmark, Sweden, Chile, and Morocco, while the first three positions for “very high” performance remained empty, according to the report.
Released by Germanwatch, NewClimate Institute and Climate Action Network, the Climate Change Performance Index 2023 (CCPI), evaluated and compared the climate protection performance of 59 countries and of the European Union (EU), which together are responsible for more than 90 percent of global greenhouse gas emissions.
The CCPI assessed countries’ performance in four categories: GHG emissions, renewable energy, energy use, and climate policy. India earned a high rating in the GHG emissions and energy use categories and a medium one for climate policy and renewable energy.
The index said that the country is on track to meet its 2030 emissions targets, compatible with a well-below-2°C scenario. However, the renewable energy pathway is not on track for the 2030 target.
Meta Platforms is appointing Sandhya Devanathan as the Vice President of Meta India. Devanthan will focus on bringing the organisation’s business and revenue priorities together and supporting the long-term growth of Meta’s business in India, the company said in a post yesterday.
Sandhya, who will move back to India, will transition to her new role on January 1, 2023, and will report to Dan Neary, Vice President, Meta APAC and will be a part of the APAC leadership team.
The traditional PC market in India, including desktops, notebooks, and workstations declined by 11.7 percent year-over-year in Q3 2022 after eight consecutive quarters of growth despite strong shipments of 3.9 million units, according to new data from the International Data Corporation’s Worldwide Quarterly Personal Computing Device Tracker.
Amadeus, the largest technology provider for the travel industry, is expanding its operations with the opening of a new Engineering and R&D centre in Pune. The launch in Pune will be Amadeus’ second R&D and engineering site after Amadeus Labs in Bengaluru, which is the second largest engineering site for Amadeus worldwide.
Gallabox, a conversational commerce platform provider, which helps Small and Medium Businesses increase their sales through WhatsApp has raised $1.2 million in seed funding. The funding was led by Prime Venture Partners with participation from 100x Entrepreneur Fund, the company said in a press release.
Founded in 2021 by Karthik Jagannathan, Yogesh Narayanan and Yathin Panchanathan, Gallabox has more than 500 paying customers including PVR, ShipRocket, Pickyourtrail, Credit Mantri, and Goireland. Its customers come from areas including D2C, Education, Health & Wellness, and Financial and Travel services in India and 20 other countries.
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