Arya

Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

Zytara onboards Former Goldman Sachs and UBS Executives

Andy Brown and Moritz Baier-Lentz have joined Zytara’s board of advisors. Andy Brown is the CEO of Sand Hill East, which provides strategic management, investment and marketing services to companies. Mr. Brown served as Group Chief Technology Officer of UBS, an investment bank. Prior to that, Mr. Brown served in a variety of executive management…

TagMango raises Rs 5.5 Cr from Y Combinator, Kevin Lin, XRM Media, others

Creator monetisation startup, TagMango has secured Rs 5.5 crore investment in the seed funding round. Y Combinator participated in the seed funding round along with Kevin Lin – Twitch Co-founder, XRM Media, Pioneer Fund and few angel investors from the UAE, the USA. The funds raised by the startup in the fresh round will be…

Private equity firm Nexus to acquire Natural Balance

Nexus Capital Management LP, a Los Angeles-based private equity firm, has signed a definitive agreement to acquire the Natural Balance premium pet food business from The J.M. Smucker Co. “We are extremely excited by the opportunity to acquire the Natural Balance business,” said Damian Giangiacomo, Partner at Nexus. “We believe in the brand’s strong legacy…

Lifestyle International Pvt. Ltd. names Kabir Lumba as Chairman of the Board

A part of the Dubai-based retail and hospitality conglomerate, Landmark Group, Lifestyle International Pvt. Ltd, has appointed Mr. Kabir Lumba as Chairman of the Board, effective 1st April 2021. Mr. Lumba, CEO designate, Landmark Retail, Middle East, will be taking over the role from Mr. Ramanathan Hariharan, who will be retiring on the 31st of…

Agri-tech start-up Agrify Organics raises seed funding

Agrify Organic Solutions Private Limited has raised a Seed Stage round from AIC NMIMS Incubation Centre’s 25×7 Investor Network. Agrify Organics, an Agri-tech start-up which is making it possible for consumers in the city to get access to organic products from farms across Maharashtra, Karnataka and Madhya Pradesh. It is a portfolio startup of AIC…

Amazon to roll out tools to monitor factory staff and machines

E-commerce giant, Amazon has announced the launch of Distance Assistant solution, to monitor manufacturing staff and machines in India. The Distance Assistant solution will be deployed across its operational sites in the country, to remind the workers, through visual cues and sensors, to maintain social distancing in real-time. Dr Karuna Shankar Pande, Director-Fulfilment Centres and…

Spacetech start-up Agnikul signs agreement with ISRO

Department of Space and IIT Madras-based space-tech startup Agnikul Cosmos Private limited have inked an agreement under IN-SPACe (Indian National Space Promotion and Authorization Center) entity, that will help the startup to build its rocket by giving access to the Indian Space Research Organisation (ISRO) facilities and technical expertise. Pursuant to the agreement, the space-tech…

ePlane raises seed funding from Speciale Invest

The ePlane company, a B2B sourcing and Business Intelligence platform for aerospace parts and repair has raised undisclosed funds in seed funding. The seed funding round was led by VC Speciale Invest and FirstCheque, JavaCapital and Sharechat co-founder Farid Ahsan. The company plans to use the funds raised to augment building critical infrastructure, including flying…

Gupshup rolls out 2-way messaging solution for enterprises

Gupshup has launched a two-way communication and interactive messaging solution. This will help enterprises, without having to download an app, to send customised commercial SMS using images, audio, videos, documents etc. “The SMS industry is evolving into a more advanced platform for enterprises who want to offer a personalised, interactive and conversational experience to its…

Fisdom bags $7 million in fresh round of funding led by PayU

Bangalore-based financial services firm has secured $7 million in fresh round of funding led by PayU. The round also saw participation from existing investors Quona Capital and Saama Capital. New product development and customer acquisition are areas in which the firm seeks the use the fund raised. While also focusing on its product portfolio, the…

Caspian Debt and IIM-A incubator partner to launch Innocity Startup School

Caspian Debt, Hyderabad-based multi-sector debt funding company, and Center for Innovation Incubation & Entrepreneurship (CIIE), the incubator of IIM-Ahmedabad have partnered to launch the Innocity Startup School. With a 14-week, non-residential programme, the Innocity startup school, support and enhance the skills of startups in their early stages. It aims to help students and entrepreneurs that…

Neuroglee raises US$2.3M to advance digital therapeutics

Singapore-based healthtech startup, Neuroglee Therapeutics has secured $2.3m in pre-seed funding. Eisai Co. Ltd, a global pharmaceutical company headquartered in Tokyo, Japan participated in the round along with Kuldeep Singh Rajput, Founder & CEO of Biofourmis. The health-tech startup seeks to use the funding to advance the product pipeline for NG-001, their product which is…

Aspen Institute and Cognizant release “Building A Lifelong Learning System: A Roadmap for Cities”

The Aspen Institute Future of Work Initiative has released a new report, Building A Lifelong Learning System: A Roadmap for Cities, outlining strategies for cities to strengthen education and workforce systems to support lifelong learning. This report is the culmination of a $1.25 million grant from the Cognizant U.S. Foundation to advance local education, training,…

Publishing Company Pearson Appoints New Chief Strategy Officer

Pearson, a learning company, has announced that Mike Howells will become its new Chief Strategy Officer to strengthen its focus on building a direct, lifetime relationship with learners around the world and to enhance its partnerships with learning institutions globally. Mike will strengthen Pearson’s global corporate and educational partnerships as the company aims to expand…