Pahadi Goodness Pvt. Ltd., a beauty and wellness company, has raised its first round of funding of Rs. 5 Crores from Mudhra Ventures, promoted by Gunapati Swathi Reddy. According to a statement, the investment proceeds will be used for growth capital including marketing, promotion and new product development. It said, “Pahadi Local has a fantastic…
Wipro Limited, a global information technology, consulting and business process services company, has organized the 16th annual ‘Spirit of Wipro’ (SOW) Run, drawing thousands of participants from over 35 countries to run together in spirit. A statement said, “For the past sixteen years, Wiproites around the world have come together to celebrate Wipro’s core values.…
Thankful, the AI platform, has announced a $12 Million Series A funding round led by Alpha Edison. Other investors include Bonfire, Ten-One-Ten, Greycroft, Omega, and Miramar. “Thankful stood out to us because it’s the only customer support software that’s on the customer’s side – and we know from our experience that will always be the…
Learning-focused neobank – Akudo has announced that it has secured $4.2 million in the seed funding round led by Y Combinator, AET Fund, JAFCO Asia and Incubate Fund India. Tribe Capital and Cabra Capital along with other angels investors also participated in the funding round. Speaking on the announcement, Nao Murakami, Founder and General Partner…
AI power analytics platform PredictiVu has secured $1.5 million in a pre-seed funding round. The round saw participation from Market Xcel Data Matrix, Nomura Research Institute along with Infobridge Asia. Kunal Sarkar, Vice President at PredictiVu, commented, “We are extremely glad to have such a stellar set of investors back us up on our mission.…
Biz2Credit, provider of an online marketplace for small business funding, is planning to strengthen its tech team by adding over 150 new employees in 2021 across various positions, including entry, mid and senior-level positions, according to a statement. It said, “In the past few months, the company has recorded terrific growth with a lot of…
TalSuccess, a brand of Quint Consulting Services (Quint), a talent transformation service provider, has announced the launch of a partnership with ROI Institute, Inc. to deliver ROI services in India. According to the statement, “The official launch, attended by more than 100 Quint customers from India as well as 12 countries, was held virtually as…
RuleZero, a startup building private company equity management platform has completed the raise of its seed round of $ 2.5M. The extended round saw participation from US fintech fund The Treasury, employees of Valiant Capital, domestic early stage funds – YourNest Venture Capital, Blume Founders Fund and a few angel investors. Srinivas Katta, one of…
EV charging station aggregator platform EV Plugs has announced that it has secured $150K from family and friends. Speaking on the investment, Manish Narang, co-founder of EV Plugs, stated, “The goal we have set upon ourselves is to become the largest aggregator in the EV charging infrastructure space in India. We have observed that the…
Fabric, the headless commerce platform purpose-built for growth, has announced the appointment of Val Rupp as its first chief people officer. Speaking on the appointment, Faisal Masud, CEO of Fabric, commented, “Since day one at Fabric, our people have been our most valuable asset. Our spirit of innovation and shared values continue to attract first-rate…
Lio, a SaaS startup, has announced that it has raised $5 million in Lightspeed India Partners and Sequoia Capital India led seed funding round. “The investment by Lightspeed India and Sequoia Capital India helps accelerate Lio’s vision of enabling small businesses to be smarter by leveraging their business data for better decision making. We aim…
Aakash Educational Services has appointed Pradeep Kumar Singh as its chief technology officer. A statement informed, “In this role, Singh will lead the technology function and further build the technology team to drive the digital transformation of AESL. AESL is also looking to hire a significant number of talent to be a part of its…
TPG, a global alternative asset firm, has announced that Todd B. Sisitsky has been named as President of the firm, effective immediately. Sisitsky will continue as Co-Managing Partner of TPG Capital and Co-Head of the platform’s healthcare investing efforts. As President, Sisitsky will focus on the investment activities of the firm and will work closely…
Medikabazaar, the healthtech startup, has announced that it has raised $75 million in a CDC Group and Creaegis led series C funding round. Existing investors like Ackermans & van Haaren (AvH), Rebright Partners, HealthQuad Advisors, Kois Holdings, as well as Sumitomo Mitsui Financial Group also participated in the latest funding round. Srini Nagarajan, Head of…
Mumbai and Gurugram-based fintech startup ePayLater has announced that it has secured $10 million in a series B funding round. The round saw participation from Blue Ashva Capital, Responsibility Investments, Pravega Ventures and several other investors. Speaking on the announcement, Aurko Bhattacharya, Founder of ePayLater, commented, “At ePayLater, we are driven by the vision of…