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Beating the global economic slowdown, venture capitalists are eyeing heavy on the Indian startup ecosystem. One of the most active investors in India, Sequoia Capital is in planning to launch a $1.25billion fund making it the largest venture fund specially dedicated to Indian startups to date. It is being estimated that the new fund will…
India has a million strong community of mechanics who ensure roadworthiness of about 200M+ automotive vehicles and keep them safe for daily use. For Castrol, this community forms an important component of the channel, as they wield influence on almost 50% of consumer purchase decisions. Awarded in the B2B category, the campaign involved engaging with…
One of the earliest backers of several Indian start-ups, US-based Tiger Global Management, has recently announced that it has closed a $3.8bn global fund. The company plans to use this fund to continue its aggressive investment in tech startups in China, India, and the US. The strategy for the new fund will be similar to…
Exotel, Asia’s cloud telephony platform, has partnered with Syrow, a CSaaS company. This partnership will prove helpful to Exotel’s clients who can avail Syrow’s services to provide best-in-class support, round the clock via calls, emails, chat, etc. to their end customers. Speaking about the partnership, Exotel’s CEO & Co-Founder, Shivakumar Ganesan said, “Every business today,…
IndiaNivesh, India’s financial services firms, has appointed Premal Doshi as Managing Director – Investment Banking. Earlier, Premal was heading the Equity Capital Markets of IndusInd Bank as its Executive Vice President. He played a key role in initiating the Public Equity Markets business for the bank. Prior to IndusInd Bank, Premal held leadership positions at…
In order to push for ‘Make in India’ in the defence sector, the Government of India is organising the 11th edition of biennial mega defence exhibition in Lucknow, Uttar Pradesh. The exhibition will take place between February 5-9. The theme of the Expo is ‘India: The Emerging Defence Manufacturing Hub’. The number of companies participating…
Flipkart co-founder Sachin Bansal has resigned as an Independent Director of Ujjivan Small Finance Bank. The reason he cited for his resignation from Ujjivan Small Finance Bank’s board is that it is in the interest of propriety and corporate governance as an entity owned and controlled by him has made an application to the Reserve…
WPP Foundation, the CSR entity of WPP in India, has been recognised at the International CSR Excellence Awards, UK as the CSR World Leader 2020. This international accolade recognises WPP Foundation’s outstanding contribution to the Indian society in the field of education and skill development through its flagship program- Education to Livelihood (E2L) and WPP…
ACG Group, the company providing end-to-end manufacturing solutions for the pharmaceutical industry, has announced the appointment of Alexander Robertson as its new Chief Marketing Officer for the Group. In his role, Robertson will be responsible for continuing to drive ACG’s marketing initiatives and current growth across the group’s global focus markets. He will be based…
Bizongo, a B2B packaging materials marketplace has raised $30 million in Series C round of funding. The fresh round of funding is led by Schroder Adveq, a Zurich-based hedge fund; along with its existing set of investors, as per the company’s announcement. Earlier, Bizongo, the Mumbai-based company, had raised $22 million in its Series B…
Invento Makerspaces has recently raised ₹2cr in seed funding from Pune-based VC firm Windrose Capital and Mumbai-based ITI Growth Fund. Invento Makerspace is the maker of Mitra Robot which greeted Prime Minister Narendra Modi and Ivanka Trump at the Global Entrepreneurship Summit 2017 held in Hyderabad. Currently, Mitra is being used by companies such as…
Philanthropist and entrepreneur from Tirupati, Andhra Pradesh, PC Rayulu, has been conferred with prestigious “Champions of Change” Award 2019 by Interactive Forum on Indian Economy (IFIE), a non-profit organisation recognized by Govt. of India, for his exemplary social welfare initiatives and philanthropic work. The award was presented to PC Rayulu by Former President, Pranab Mukherjee,…
VAALCO Energy, Inc. has announced that William R. Thomas has been appointed President of VAALCO effective February 1, 2020. Thomas has been serving as a non-executive director for VAALCO for the past nine months and will continue to serve on the Board of Directors. The appointment of William Thomas will enhance the existing organizational structure.…
Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, has been recognized as a Leader in the IDC Marketscape for European Managed Cloud Services. According to the report, “One thing that makes TCS stand out is its high percentage of managed cloud services that involve developing new applications on cloud IaaS.”…
John Wiley and Sons Inc., announced the signing of an MoU with the All India Council for Technical Education (AICTE) to offer WileyNXT’s learning platform along with training and certification courses for the inaugural phase of the National Educational Alliance for Technology (NEAT) program. The MoU was signed in the presence of Union Human Resource…