NexGen Energia Ltd., a clean fuel energy company, has announced the appointment of five senior level retired government officials including two IAS & three IPS officers as the Strategic advisors. The appointment of these revered will further strengthen the advisory board of NexGen Energia. The new members who have joined the board are Mr. Raghav…
New Delhi based Altius Venture Partners has launched their first fund with a target corpus of INR 100 Cr seeking to invest in early-stage startups across sectors. The fund, which is in the process of registering itself with the Securities and Exchange Board of India (SEBI) as a Category II fund, is backed by Navyug…
Arize A has announced that it has raised $19 million in Series A financing. The round was led by Battery Ventures with participation from previous investors Foundation Capital, Trinity Ventures, The House Fund and Swift Ventures. Dharmesh Thakker, general partner at Battery Ventures will join the Arize AI board. “In the same way that tools…
Preqin, the global provider of alternative assets data, tools, and insights, has announced that it has entered a partnership with the Indian Private Equity and Venture Capital Association (IVCA), under eligibility from the Securities and Exchange Board of India (SEBI), to produce performance benchmarks for alternative investment funds (AIFs) as an official benchmarking agency. Ee…
Vymo, the sales acceleration platform of choice for financial institutions, has announced that it has partnered with Mahindra Home finance, the home finance company serving rural India, to deploy a cloud-based sales & distribution management platform called Vymo LeadEx. “Mahindra Rural Housing Finance Ltd. provides home loans to customers in smaller (category three and four)…
Treebo’s Hotel Superhero has announced the appointment of former Sabre executive Karthick Prabu as its vice-president and head of product management. Sidharth Gupta, co-founder, Hotel Superhero, commented, “Karthick’s rich experience across the hospitality and airline technology sectors will be a great asset for us as we build Hotel Superhero. We already have a highly sophisticated…
Education focused NBFC Avanse Financial Services has named Vineet Mahajan as Chief Financial Officer. Speaking on the announcement, Amit Gainda, CEO of Avanse Financial Services, commented, “We are pleased to welcome Mahajan to our leadership team. His deep and extensive experience in leading financial operations along with integrated expertise in the domain will enable us…
Bharat Petroleum Corporation Limited (BPCL) has announced that it is accelerating its focus in new business segments for sustainable growth, thereby mitigating risk in oil & gas space. According to a statement, BPCL is exploring opportunities in biofuels, petchem, gas, electric mobility, consumer retail and digital transformation. “In the years to come, BPCL has made…
Entrepreneur First (EF), UK-based global talent investor, has announced investment in six tech start-ups from India. With the latest funding, EF has invested in 34 tech start-ups in the country since its launch in India in 2019. According to a statement, “EF’s latest ‘Investor Reveal’ introduced six promising start-ups to top early-stage investors in the…
MeitY Start-up Hub (MSH), an initiative of the Ministry of Electronics & IT (MeitY), aimed at strengthening the deep-tech ecosystem across India, has entered into a partnership with Dell International Services India Pvt. Ltd. (Dell Technologies). According to a statement, the said collaboration shall help the start-ups by providing mentorship and training for their upskilling,…
Chqbook, a neobank for small business owners, has raised INR 400 million in a pre-series B round for ramping up user acquisition and strengthening technology. The equity round was led by existing investor Aavishkaar Capital and the Rajiv Dadlani Group. It also saw participation from Earlsfield Capital U.K., and Family Offices and HNI investors including…
The Indian Institute of Management Ahmedabad (IIMA) has successfully completed the final placement process of its One Year Full Time Post Graduate Programme in Management for Executives (PGPX) at the end of July. Prof. Ankur Sinha, Chairperson of the Placement Committee said, “We had record placements for our PGPX Batch of 2021 in the history…
Jet Support Services, Inc. (JSSI), the independent provider of maintenance support and financial services to the business aviation industry, has appointed Trevor Merszei as vice president of business development for the Asia-Pacific (APAC) region. “We are thrilled to welcome Trevor to our team in APAC as JSSI continues to expand its suite of services to…
HDFC Bank is aiming to expand its reach to two lakh villages in the next 18-24 months. The bank plans this expansion through a combination of branch network, business correspondents, business facilitators, CSC partners, virtual relationship management and digital outreach platforms. HDFC Bank currently offers its products and services to MSMEs in over 550 districts,…
DICE, the music discovery and events ticketing platform, has announced that it has raised up to $122 million in Series C funding. The round was led by new investor, SoftBank Vision Fund 2, with follow on investments from Tony Fadell’s Future Shape, Blisce, French entrepreneur Xavier Niel, Mirabaud Private Equity, Cassius and Evolution. “We believe…