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NewRocket Names Harsha Kumar as CEO

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New CEO Will Accelerate Growth at Elite ServiceNow Partner and Digital Workflow Advisor 

SAN FRANCISCO, Nov. 11, 2024 /PRNewswire/ — NewRocket, a leading digital workflow advisor and Elite ServiceNow partner, announced today that it has named Harsha Kumar as CEO. Mr. Kumar will assume the role previously held by Gary DiOrio, who will re-join the NewRocket board. NewRocket is backed by Gryphon Investors (“Gryphon”), a leading middle-market private equity firm.

Harsha Kumar is an entrepreneur, technologist and proven CEO with a track record of driving significant revenue and EBITDA growth, customer satisfaction, and career progression for team members.

Mr. DiOrio said, “We are lucky to have Harsha join the team as CEO. His hands-on leadership style and knowledge of the ServiceNow space, coupled with his track record for building great companies with the best people, is a rare blend of talent. We look forward to partnering with Harsha as we continue to build the leader in the ServiceNow ecosystem.”

Most recently, Mr. Kumar served as CEO and President of Prodapt from 2016 to 2024, establishing the company as a leading transformation partner for telecommunication companies worldwide. In 2023, Gartner recognized Prodapt as an industry leader across America, Europe, and LATAM. Under his leadership, Prodapt raised private equity funding from Affirma Capital and received a strategic equity investment from ServiceNow.

Prior to joining Prodapt, Mr. Kumar held a number of senior leadership roles that helped establish and grow Virtusa into a leading IT consulting and transformation services firm. He oversaw the creation of advanced technology centers and led the company’s business units for Telecom & Media, Information and Entertainment, Insurance, Healthcare, and Technology industries. He was a member of Virtusa’s core leadership team as the company scaled from a small $13 million private company to a billion-dollar publicly listed company.

Mr. Kumar previously co-founded EC Cubed – a software platform company for B2B eCommerce and raised significant venture capital. As its CTO, he architected and developed a workflow engine and other components.

Paul Fipps, ServiceNow’s President, Global Industries and Strategic Growth, added, “ServiceNow is thrilled to see one of our leading pure-play partners, NewRocket, bring on a talent like Harsha Kumar. As a proven CEO and technologist in the digital workflow automation space, Harsha has developed a prior strategic relationship with ServiceNow. We are confident he will accelerate and further elevate the strategic partnership between NewRocket and ServiceNow.”

Gabe Stephenson, Deal Partner & Head of Gryphon’s Technology Solutions & Services group, noted, “We thank Gary for his leadership of NewRocket, and we feel fortunate to have someone with Harsha’s directly relevant experience joining the company as CEO at this stage. Harsha’s deep understanding of workflow software, experience scaling multiple high-growth IT services firms, and his impressive track record of building large and long-term customer relationships is an ideal fit for NewRocket. We know the talented crew at NewRocket will thrive with Harsha’s people-centered leadership.”

Harsha Kumar added, “I am honored and super excited to join the NewRocket crew on our mission to be the world’s leading ServiceNow partner. ServiceNow has established itself as the AI platform for business transformation, and I’m confident our consulting acumen and deep technical skills will enable impactful transformations for our clients. I’d like to thank Gryphon and the NewRocket leadership team for providing me this fantastic opportunity.”

About NewRocket 
NewRocket brings over 19 years of advising and supporting clients in designing, implementing, and managing digital workflows to improve employee and customer experiences. An Elite ServiceNow Partner and ServiceNow Global Partner Award Winner, the Company has completed over 3,000 projects across nine industry specializations. NewRocket Goes Beyond Workflows™ to help clients transform their enterprise into a place where employees flourish, customers thrive, and people matter. With over 3,000 ServiceNow certifications, NewRocket’s business strategists take a holistic, strategic approach to optimize the ServiceNow platform and help clients solve industry-specific challenges.

About Gryphon Investors
Gryphon Investors is a leading middle-market private equity firm focused on profitably growing and competitively advantaged companies in the Business Services, Consumer, Healthcare, Industrial Growth, Software, and Technology Solutions & Services sectors. With approximately $9+ billion of assets under management, Gryphon prioritizes investments in which it can form strong partnerships with founders, owners, and executives to accelerate the building of leading companies and generate enduring value through its integrated deal and operations business model. Gryphon’s highly differentiated model integrates its well-proven Operations Resources Group, which is led by full-time, Gryphon senior operating executives with general management, human capital acquisition and development, treasury, finance, and accounting expertise. Gryphon’s three core investment strategies include its Flagship, Heritage, and Junior Capital strategies, each with dedicated funds of capital. The Flagship and Heritage strategies target equity investments of $50 million to $500 million per portfolio company. The Junior Capital strategy targets investments in junior securities of credit facilities, arranged by leading middle-market lenders, in both Gryphon-controlled companies, as well as in other private equity-backed companies operating in Gryphon’s targeted investment sectors.

Media Contacts: 
Caroline Luz  
cluz@lambert.com
203.570.6462
or
Jennifer Hurson
jhurson@lambert.com
845.507.0571 

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SOURCE NewRocket

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Herbalife India recognised as ‘Top Supply Chain Performer’ at ISCM E-Comm Nexus Awards 2026

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BENGALURU, India, May 11, 2026 /PRNewswire/ — Herbalife India, a premier health and wellness company, community, and platform, has been recognised as a ‘Top Supply Chain Performer’ among Wellness E-Commerce and D2C companies in India at the ISCM E-Comm Nexus Awards 2026, organised by ISCM (Institute of Supply Chain Management) Forums.

ISCM Forums, an independent industry body, conducted an extensive evaluation of more than 1,000 organisations across 29 sectors to identify leading supply chains within India’s Wellness E-Commerce and D2C ecosystem.

The recognition was presented at an industry event held in Mumbai. The award was received on behalf of Herbalife India by Makrand Raorane from the company’s Distribution Team.

Commenting on the recognition, Ajay Khanna, Managing Director, Herbalife India, said, “In the health and wellness category, a strong and agile supply chain plays an important role in ensuring product availability, quality, and a seamless consumer experience. At Herbalife India, we continue to strengthen our supply chain capabilities through operational excellence, efficient distribution networks, and a strong focus on reliability and responsiveness. This recognition reflects our commitment to building a resilient and consumer-centric supply chain ecosystem that supports our long-term growth journey in India.”

Herbalife India’s supply chain operations are focused on enabling efficient product movement, timely deliveries, and consistent service standards across its distribution ecosystem. The company continues to invest in strengthening operational processes and distribution capabilities to support evolving consumer demand in the growing wellness and D2C segment.

This recognition further reinforces Herbalife India’s continued focus on operational excellence, efficiency, and customer-centricity within a rapidly evolving wellness marketplace.

About Herbalife International India Private Ltd.

Herbalife (NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed food products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life. For more information, visit https://www.herbalife.com/en-in

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Hello Group to Report First Quarter 2026 Results on June 2, 2026

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BEIJING, May 11, 2026 /PRNewswire/ — Hello Group Inc. (NASDAQ: MOMO) (the “Company”), a leading player in Asia’s online social networking space, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2026 before U.S. markets open on Tuesday, June 2, 2026.

Hello Group’s management will host an earnings conference call on Tuesday, June 2, 2026, at 7:00 a.m. U.S. Eastern Time (7:00 p.m. Beijing / Hong Kong Time on the same day).

Preregistration Information

Participants can register for the conference call by navigating to https://s1.c-conf.com/diamondpass/10054808-suvwn2.html. Upon registration, each participant will receive details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN. Please dial in 10 minutes before the call is scheduled to begin.

A telephone replay of the call will be available after the conclusion of the conference call through June 10, 2026. The dial-in details for the replay are as follows:

U.S. / Canada:

1-855-883-1031

Hong Kong:

800-930-639

Passcode:

10054808

Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of Hello Group’s website at https://ir.hellogroup.com.

About Hello Group Inc.

We are a leading player in Asia’s online social networking space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities. Tantan, which we added to our family of applications through acquisition in May 2018, is a leading social and dating application. Tantan is designed to help its users find and establish romantic connections as well as meet interesting people. Since 2019, we have continuously expanded our portfolio through internal incubation and strategic acquisitions, adding apps such as Hertz, Soulchill, and Happn. These products target more niche markets and selective user demographics both domestically and internationally, further strengthening our global presence.

For investor and media inquiries, please contact:

Hello Group Inc.

Investor Relations
Phone: +852-3157-1669
Email: ir@hellogroup.com

Christensen

In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail: Xiaoyan.Su@christensencomms.com 

 

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SOURCE Hello Group Inc.

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TrustCloud Introduces Agentic, Data-Driven Third Party Cyber Assessments to Replace Fundamentally Broken Questionnaire-Based Third Party Risk Management (TPRM)

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Company Replaces Low-Confidence, Point-in-Time Workflows so Enterprises can Continuously Analyze Outside-in Security Feeds and Vendor Security Posture Artifacts to Accurately Identify Gaps and Complete Risk Assessments

BOSTON, May 11, 2026 /PRNewswire/ — TrustCloud®, the AI-native Security Assurance Platform for enterprise CISOs, announced a new version of TrustLens®, the company’s Third Party Risk Management (TPRM) solution. The new TrustLens agentic AI capabilities focus on delivering four critical requirements every CISO wants in their TPRM program: speed, accuracy, coverage, and proactive risk mitigation.

In the latest TrustLens deployments, a Global 2000 life sciences customer leveraged the TPRM AI agent within TrustLens to assist their human agents. As a result, they were able to assess more than 5000 suppliers in six months (a 10x improvement). The TrustLens agent enabled deterministic and accurate risk assessments using a unique combination of AI models and rules, expanded assessed vendor coverage from 20% to 92% of its ecosystem, and identified 4x more critical gaps about their vendors compared to the prior process, resulting in proactive remediation by their supplier landscape.

“Our industry has normalized a version of TPRM that is process-driven rather than outcome-driven, where teams are rewarded for following a rigid process to complete assessments instead of reducing risk and leveraging agentic AI to automate process and improve accuracy,” said Jikku Venkat, Head of Product, Customer Assurance and Third-Party Risk, TrustCloud. “We have introduced an AI agent in TrustLens that automates greater than 70% of the assessment work while still giving the risk analyst control over final decisions and approvals. This replaces point-in-time attestations with continuous proof that stands up to scrutiny at any moment.”

For years, organizations have operated under a model that rewards activity over outcomes, where teams send questionnaires, collect self reported answers, and produce reports that create a sense of diligence while leaving the underlying risk largely untouched. TrustCloud now challenges one of the most deeply entrenched and quietly dangerous assumptions in enterprise security: the belief that documenting risk is the same as managing it. With its new version of the TrustLens product, TrustCloud is now making it clear that the legacy TPRM approach is not just inefficient but fundamentally broken in a world where third party ecosystems are the dominant source of cyber exposure.

With TrustLens’ new agentic AI capabilities, customers now have:

The ability to automatically scope every assessment based on its inherent risk tier; the agent makes it possible to move from one-size fits all questionnaires to right-sizing every single assessment

Real-time knowledge of a vendor’s profile, risks and gaps, and analysis of evidence and data to reduce endless back-and-forth time wasted in manually waiting for and analyzing responses

Intelligent risk summaries, citing documentation, inside-out, outside-in data to accurately complete assessments in a deterministic and auditable fashion

Insights and Q&A to understand business impact of risk factors, allowing anyone to ask questions about the risk posture and gaps with a vendor

Up-to-date security posture data to enable proactive monitoring of security drift and continuously track new risks from a previously completed vendor assessment

TrustCloud’s position is unapologetically direct, which is that most third party risk programs today are not designed to prevent incidents or mitigate risks but to show that someone is completing an assessment to check a box. In an environment where the vast majority of enterprises have already experienced third party-driven breaches, that distinction is no longer acceptable.

“As organizations face increasing regulatory pressure, expanding vendor ecosystems, and a growing gap between perceived and actual risk, we need clear signals that the era of checkbox-driven TPRM is over,” said Dan Walsh, CISO, Datavant. “The future of risk assessment and reporting will require us to understand, report, and reduce risk with transparency, automation, and a data-driven approach that operates 24×7 across our entire vendor landscape.”

“With this launch, we are disrupting the TPRM status quo by eliminating a process that is simply frustrating for both the assessor and the third party,” said Tejas Ranade, Co-founder and CPO, TrustCloud. “We are replacing every broken manual workflow created by ineffective TPRM tools of the past with agentic, continuous data driven assessments that defend an organization from supply chain risk and allow CISOs to finally use their TPRM process as a high-confidence predictor of risk.”

TrustLens® TPRM from TrustCloud is available now. Connect with us for a chat or a demo.

About TrustCloud
TrustCloud is the only Security Assurance Platform that provides AI-native GRC transformation for Chief Information Security Officers. Purpose-built for Global 2000 scale, TrustCloud enables organizations to replace point-in-time, sampling-based assessments with continuous, evidence-backed security assurance, reducing internal audit times from 28 days to three, achieving up to 12× ROI by linking compliance to revenue, and saving an average of 63 person-days of manual work per user annually. Learn more at trustcloud.ai.

TrustCloud®, TrustOps®, TrustShare®, TrustRegister®, TrustLens® and TrustHQ® are registered trademarks of TrustCloud Corporation.

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SOURCE TrustCloud

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