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Pine Labs, an Indian merchant fintech platform based in Gurugram, announced that it has raised an investment from Mastercard. The amount raised remains undisclosed. As per the company’s press statement the investment is part of a partnership to keep the growth of different electronic payment options for consumers continue across the region. Lokvir Kapoor, Founder…
Brainly, a peer-to-peer learning community and educational technology company, has appointed Rajesh Bysani as its chief product officer (CPO). Prior to this, Bysani has worked for over 15 years, as mobile transformation lead at Google, CPO at Zoomcar, AVP (Product and Growth) at FreeCharge. In a media statement, Michał Borkowski, co-founder and CEO, Brainly, said,…
Krishna Raghavan has been appointed as Chief HR Officer of Flipkart. The decision was taken a few months after Smriti Singh resigned from the position. The e-commerce major has found a replacement from within its leadership team. Currently, Krishna Raghavan is the senior vice president of engineering at Flipkart. He will be taking charge of…
Livspace, a Home design and renovation platform, announced that the company has raised about $60 million. The company gets investments from Hong Kong-based Tahoe Investment Group, and Singapore-domiciled Mercer Investments and EDB Investment, along with Kharis Capital, a European investment management firm and Venturi Partners’ managing director Nicholas Cator, as per their regulatory filings sourced…
TalentSprint has announced the expansion of its Women Engineers (WE) Program, with enhanced support from Google. Building on the strong industry acceptance of the first cohort, the second cohort will select, train, and enable 120 talented women engineering students to become world-class software engineers. The program is open to first year women engineering students across…
Western Union, a cross-border cross-currency money movement and payments company, and Bharti Airtel Limited, a global telecommunications company with operations in 18 countries across Asia and Africa, announced an unprecedented milestone in global money movement across the world’s significant emerging markets. The two industry leaders have come together to launch real-time payments soon into millions…
Appnext, an on-device and in-app mobile discovery platform, announced that it reached a record milestone of serving 2B daily app recommendations to mobile users in India. Appnext interacts on average 20 times a day with 180M unique users in India, and continue to adhere to its mission of recommending users with ‘apps they may use…
GE T&D India Limited announced that it was awarded a Supervisory Control and Data Acquisition (SCADA) and Advanced Distribution Management Solution (ADMS) project by the Jammu & Kashmir Power Development Department (JKPDD) for the distribution operations in the cities of Jammu and Srinagar. The order worth approximately Rs 173 Crores, won through a competitive bidding…
Bounce, an Indian scooter rental start-up, has raised an additional $105mn from Accel Partners and B Capital Group. The latest round is part of the ongoing Series D funding round. The company was founded by Vivekananda H.R., Anil G, and Varun Agni in 2014. Other investors who participated include Sequoia Capital India, Chiratae Ventures, Maverik…
ReNew Power, an Indian renewable energy company, has raised $450 mn funding through a dollar bond issuance. The company was founded by Sumant Sinha in 2011. Earlier, it had raised $350 mn from Goldman Sachs, Canada Pension Plan Investment Board (CPPIB) and Abu Dhabi Investment Authority (ADIA). The company will utilize these funds to refinance…
Crysta, a part of Redcliffe Life Sciences, has recently raised Rs 10 crore in a Pre-Series A funding round led by the family office of Ruchirans and Anuraag Jaipuria.
Coca Cola Bottling Investment Group’s Chief People Officer Annella Heytens has recently stepped down from her position. She was working for the company for the past 1 and a half years. She resigned from the beverage giant to join Amazon Web Services (AWS), where she’ll be reporting directly to Vice-President and Global Head of HR…
SmartKarrot, a deep customer insights to automated actions, has raised $1 million in an angel funding round. The company was founded by Prithwi Dasgupta and Arnab Chatterjee in 2019. The company will utilize these funds to enhance its technological infrastructure as well as grow its research, development and market acquisition operations in India. In a…
Schneider Electric, a multinational corporation specializing in electrical equipment, has elevated Niharika Mohan to the role of Vice President, HR, Admin and CSR, Luminous Power Technologies, which is a retail brand of Schneider Electric India. Niharika will be incharge of guiding the people strategy and workplace compliance for all business divisions of Luminous Power Technologies.…
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,255 crore across its various businesses. Company’s Transmission & Distribution business and SAE Towers have secured orders of Rs. 510 crore for T&D projects in Africa, Middle East and the Americas. The Railway business has secured orders…